Barita Investments set to be 2018 best performing JSE stock.
With just one trading day left to go, before the 2018 ends, IC Insider.com TOP 10 selections enjoyed some healthy gains during the year, with former top tenner Barita Investments set to top the year with stunning gains of 567 percent. Palace Amusement moved up 159 percent to $1,450 and Salada Foods with 218 percent gain.
In the Junior Market, CAC2000 climbed 160 percent, Caribbean Flavours rose 73 percent and Stationery and Office Supplies gained 64 percent. The TOP 10 also saw others with lesser gains than the above ones. The list includes Caribbean Cement, NCB Financial, Pan Jam Investments, Grace Kennedy, Sterling Investments, with all of them trading at record highs during the year, Iron Rock, Key Insurance and General Accident. The outstanding performer in the Junior Market for 2018, 
Derrimon Trading was on the TOP 10 list on November 17, last year, but moved to $8 from $6.50 at the end of the following week and then exited the list and climbed in 2018 after a stock split and acquisition of new business.
Lasco Financial is back in the Junior Market list, having fallen to $4.50, so too is Consolidated Bakeries with the price down to $1.75 and Stationery and Office Supplies with a price mow at $8.10. Out goes Medical Disposables, with the price at $7.50 along with Iron Rock and Jamaican Teas. In the main market TOP 10, Sagicor Group returns to the list replacing Sterling Investments that closed the week at $4.09.
The main market and the Junior Market closed the week with the overall PE at 15.9. The PE ratio for Junior Market Top 10 stocks average 9.2 and the main market PE is now 10. The top Junior Market stocks continue to sell at a discount to main market stocks even as the overall average PE for both markets are equal. This is an indication that there may be more gains to be had from these Junior market stocks than those in the main market.
The TOP 10 stocks now trade at an average discount of 42 percent to the average for the Junior Market Top stocks but it’s a third of what the average PE for the year is likely to be of 20 times earnings. The main market stocks trade at a discount of 37 percent to the overall market.
TOP 10 stocks are likely to deliver the best returns within a 12 months period. Stocks are selected based on projected earnings
for each company’s current fiscal year. Based on an assumed PE for each, the likely gains are determined and then ranked, with the stocks with the highest potential gains ranked first followed by the rest, in descending order. Potential values will change as stock prices fluctuate and will result in movements of the selection in and out of the lists for most weeks. Earnings per share are revised on an ongoing basis based on new information received that can result in changes in and out of the list as well.
Trading on the Junior Market of the Jamaica Stock Exchange remained subdued on Friday, with trading with 21 securities changing hands, down from 27 securities that trading on Thursday. 
higher at $3.90, with an exchange of 3,100 units, Indies Pharma lost 10 cents in trading 21,209 shares to close at $3.10, Jamaican Teas settled with a loss of 70 cents at $4, trading 29,126 shares. Jetcon Corporation ended trading with 172,189 stock units, and rose 5 cents to $3.45, Key Insurance traded 14,000 units at $4, Lasco Distributors ended at $3.99, with 9,700 shares trading, Lasco Financial concluded trading at $4.50, with 19,325 stock units, Lasco Manufacturing finished at $3.45, with an exchange of 11,100 units. Main Event settled at $5.90, with 45,484 shares trading and Stationery and Office finished trading at $8.10, with 23,400 stock units changing hands.
Trading on the Junior Market of the Jamaica Stock Exchange remained low keyed on Thursday, with low volume and a rise in the market Index by 12.87 points to close at 3,189.76.
exchange of 1,618 shares. Honey Bun closed $3.20 after falling 20 cents as 63,349 stock units traded, Indies Pharma rose 10 cents and ended trading 22,153 shares to close at $3.20, Jamaican Teas jumped 80 cents to end at $4.70, with 5,000 shares changing hands. Jetcon Corporation gained 30 cents to settle at $3.40, with 25,100 shares traded, Knutsford Express fell $1.20 and finished trading 7,653 shares at $11.80, Lasco Distributors rose 19 cents and closed at $3.99, with 27,426 shares changing hands, Lasco Financial ended 53 cents higher to $4.50, trading 7,858 shares. Lasco Manufacturing concluded trading 35 cents higher to $3.45, with the trading of 69,805 stock units, Main Event finished 10 cents down to $5.90, with an exchange of 10,332 units, Medical Disposables lost 20 cents to end at $6.50, with 957 shares trading. Paramount Trading ended trading 45 cents higher to close at $2.90, with an exchange of 12,901 shares, Stationery and Office lost 40 cents, trading 3,417 shares, to close at $8.10 and tTech dropped 60 cents to close $4.59 higher at $4.59, with 130 units changing hands.
The Junior Market of the Jamaica Stock Exchange recorded a big fall in the Market Index on Monday by 31.03 points to close at 3,176.89 with the prices of 8 securities rising, 11 falling and 6 remaining unchanged.
n Teas settled with a rise of 10 cents to $3.90, with 26,289 shares trading, KLE Group finished with 500 shares trading at $3.40. Knutsford Express rose $1 to end at $13, with 1,500 shares changing hands, Lasco Distributors ended with a loss of 15 cents at $3.80, with an exchange of 122,927 shares. Lasco Financial concluded trading with 78,544 stock units, and falling $1.03 cents to close at $3.97, Lasco Manufacturing finished with a loss of 40 cents at $3.10, in exchanging 100,771 units, Main Event settled with a loss of 20 cents at $6, with 17,943 shares changing hands.
The Junior Market of the Jamaica Stock Exchange recorded sharp jump in the Market Index on Friday by 66.60 points to close at 3,207.92 with the prices of 12 securities rising, 9 falling and 4 remaining unchanged
30,000 shares changing hands, Caribbean Producers finished trading of 11,928 units with a loss of 4 cents at $5.40, Derrimon Trading ended 8 cents higher at $2.58, with an exchange of 37,841 shares. Dolphin Cove concluded trading of 570 shares with a rise of 95 cents to close at $16, Elite Diagnostic finished 13 cents higher at $3, with swapping of 29,950 stock units, Eppley settled at $9, with 150 units changing hands, Everything Fresh gained 20 cents and ended trading of 58,189 shares to close at $1.70, Express Catering ended trading with a loss of 10 cents at $7.90, with an exchange of 68,100 shares. FosRich Group traded 56,992 shares, with a loss of 10 cents to close at $3.85, General Accident finished trading 125,000 shares, after falling 5 cents to end at $3.40, Honey Bun ended with a loss of 40 cents at $3.10, with 13,545 units trading, Indies Pharma lost 20 cents trading 22,274 shares to close at $3.10, Jamaican Teas settled 10 cents higher at $3.80, with 9,935 shares changing hands. Jetcon Corporation ended trading 3,121 stock units, 
5 cents higher at $3.10, Key Insurance traded at $4, in exchanging 25,000 units, KLE Group finished the trading of 11,000 shares after rising 20 cents to $3.40, Knutsford Express closed at $12, with trading of 8,000 shares. Lasco Distributors ended 15 cents higher at $3.95, with 20,726 shares changing hands, Lasco Financial concluded trading of 2,063,937 stock units with a jump of 75 cents to $5, Lasco Manufacturing finished 14 cents higher at $3.50, in trading 281,460 units, Main Event settled with a loss of 15 cents at $6.20, with 7,095 shares changing hands, Medical Disposables ended trading with 11,500 shares at $6.70 and SSL Venture Capital traded 30,000 shares and rose 5 cents to end at $1.95.
shares, at $3.95, GWest Corporation closed at $1.60, with an exchange of 10,801 stock units, Indies Pharma rose 10 cents in trading 12,136 shares to close at $3.30, Jetcon Corporation ended trading with a loss of 10 cents at $3.05, with an exchange of 4,010 stock units. Knutsford Express closed 5 cents higher at $12, with 27,700 shares changing hands, Lasco Distributors ended with a loss of 10 cents at $3.80, as 5,310 shares were traded, Lasco Financial concluded trading of 6,618 stock units, and move 10 cents higher to $4.25, Lasco Manufacturing closed 16 cents higher at $3.36, with an exchange of 38,662 units. Main Event settled at $6.35, with 800 shares changing hands, Medical Disposables ended trading 9,200 shares and added 20 cents to finish at $6.70 and Stationery and Office climbed $1.40 to close at $9.50, with 130,730 stock units trading.
The Junior Market of the Jamaica Stock Exchange closed trading on Wednesday with the Market Index rising 8.89 points to close at 3,166.43 as the prices of 10 securities rising, 9 falling and 9 remaining unchanged.
Knutsford Express closed 45 cents higher at $11.95, with the swapping of 16,181 shares, Lasco Distributors ended 10 cents higher at $3.90, after 81,989 shares traded, Lasco Manufacturing finished with a loss of 30 cents at $3.20, in exchanging 34,000 units, Main Event settled 45 cents higher at $6.35, trading 640 shares. Medical Disposables ended trading of 5,243 shares, with a loss of 30 cents at $6.50, SSL Venture Capital traded 62,840 shares and lost 10 cents to end at $1.90 and Stationery and Office finished trading 4,268 stock units at $8.10, In the Junior Market preference segment, Derrimon Trading ended at $2.10, with an exchange of 600 stock units and Eppley 8.25% finished trading 115,000 shares, with a loss of 5 cents at $6.30.
November, ended with an average of 190,475 units valued at $653,358 for each security traded.
stock units and rose 1 cent higher to $3.01, Knutsford Express closed at $11.50, with an exchange of 13,167 shares. Lasco Distributor ended 5 cents higher at $3.80, trading 553,428 shares, Lasco Financial concluded trading of 10,225 stock units and rose 15 cents to $4.15, Lasco Manufacturing finished 45 cents higher at $3.50, after trading 41,640 units, Medical Disposables ended trading of 2,457 shares, rising 30 cents higher to $6.80. Paramount Trading closed with a loss of 7 cents at $2.45, with 20,669 shares changing hands, SSL Venture Capital traded 1,000 shares and ended at $2 and Stationery and Office finished trading of 30,000 stock units with a loss of 40 cents to close at $8.10.
shares, Eppley settled at $9, with 1,765 units changing hands, Express Catering ended trading 36,313 shares with a loss of 10 cents at $7.50. FosRich Group traded 6 cents higher at $3.85, with an exchange of 45,100 shares, Everything Fresh gained 3 cents in trading 132,000 shares to close at $1.30, Honey Bun ended at $3.50, with an exchange of 17,196 units, Indies Pharma traded 14,760 shares and added 6 cents to close at $3.20, Jamaican Teas settled at $3.70, with an exchange of 4,434 shares, Jetcon Corporation ended trading 17,400 stock units at $3. Key Insurance traded 30,823 units at $4, Knutsford Express closed $1.50 higher at $11.50, with an exchange of 34,985 shares, Lasco Distributors ended with a loss of 15 cents at $3.75, trading 254,188 shares, Lasco Financial concluded trading 1,400 stock units with a loss of 90 cents down to $4. Lasco Manufacturing finished 3 cents higher at $3.05, with 101,942 units after trading at a low of $2.95, Main Event settled with a loss of 60 cents at $5.90, with 19,374 shares changing hands, Medical Disposables ended trading of 10,445 shares, with a rise of 10 cents to close at $6.50, SSL Venture Capital traded 47,156 shares and ended at $2, Stationery and Office finished trading with 12,314 stock units with a rise of 40 cents to $8.50 and tTech ended at $5.19, as 2,151 shares were traded.
The volatility in the Jamaican stock market seems to have ended with the closure of the very popular 
portfolio. In the main market TOP 10, Sagicor Group that came into the list this past week, is now out and is replaced by 
an indication that there may be more gains to be had from these Junior market stocks than those in the main market.
for each, the likely gains are determined and then ranked, with the stocks with the highest potential gains ranked first followed by the rest, in descending order. Potential values will change as stock prices fluctuate and will result in movements of the selection in and out of the lists for most weeks. Earnings per share are revised on an ongoing basis based on new information received that can result in changes in and out of the list as well.
