Salada Foods reported earnings of 78 cents for the half year and is now no 2 on the TOP 10.
Sagicor Group fell out of TOP 10 of main market stocks in the previous week, is back, with the price falling from $42 to $38 and Salada Foods surges to the number 2 spot with half year results.
Wisynco joins the TOP 10 after a very long absence as the price dipped to $10 on Friday. The two new listings replaced Grace Kennedy and PanJam Investment, with the latter jumping to a new 52 weeks’ high of $46.01. In the Junior Market there was only one change with Stationery and Office Supplies (SOS) climbing to a new record high of $7.50 after positing good first quarter results with earnings per share up 70 percent to 17 cents. Lasco Financial moved back into the TOP 10, replacing SOS that still have much more room to grow this year as profits should hit close to $1 per share for the year and investors could well see a stock split as a result of the rising profit and stock price.
Other changes of note, were the fall in price of Berger Paints to $20 from $22 at the end of the previous week, Caribbean Cement moved to $40.05 from $38.60 and Barita Investments rose to $11.50 from $10.49 as selling by investors dried up. 
Second quarter results may not be good enough to push the stock much higher but when the growth in other comprehensive income is factored in, the stocks is still extremely cheap.
On Thursday, a number of company results were released with some having the potential to help prices to move forward. On Friday, more results were released with Salada Foods and tTech posting good gains in profit. Salada earnings suggest full year results of $1.80 per share and pushed the stock to the number 2 choice in the TOP 10. Others will come on Monday and Tuesday, investors should be alert to news that they may provide that could impact prices in the short term.
The main market pulled back from record highs reached at the close of the previous week but is now sitting just below that level on Friday, as that market continues to grind its way slowly upwards ahead of the big breakout that is coming.
At the close of Friday, the average PE ratio for Junior Market Top stocks ended at 6.2 compared to an average PE for the overall main market of 10 based on 2018 estimated earnings. The main market PE is 7.2 for the top stocks, compared to a market average of 13.
IC Insider.com’s TOP 10 stocks now trade at an average discount of 38 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 and main market stocks traded at a discount of 44 percent to the market.
Stocks to Watch this week include, Stationery and Office Supplies that should go higher based on the first quarter results that were released on Thursday. It should be interesting to see how investors treat with the lack of supply of 
Barita and Berger shares while Palace that jumped $300 on Friday could be pushed when the company’s third quarter results are released this coming week that should see very positive impact of the Black Panther movies now still being shown, although less frequently than previously, with Avengers seems to have taken over from it. NCB Financial pulled back to $95 during the past week and should be another interesting stock to watch as it is undervalued. Grace Kennedy posted decent first quarter results that should encourage more buying of the stock and PanJam Investment is very scarce. Increasing interest in Radio Jamaica pushed the price to $1.20 and is another that could move higher during the week.
The major trades for the day are, 
PanJam Investment gained just 1 cent to trade at a 52 weeks’ high of $46.01, with 5,000 shares, Pulse Investments fell 3 cents and closed at $1.75, with 40,150 stock units, Radio Jamaica rose 11 cents and ended at $1.20, with 74,597 units, Sagicor Group lost 26 cents and concluded trading at $38.02, with 31,526 shares. Salada Foods rose 1 cents and finished at $11.26, with 5,000 shares, Scotia Group added just 1 cents to settle at $50.01, with 325,267 shares after dropping $3.98, Seprod rose just 1 cent and ended trading at $35.01, with 2,500 stock units, Supreme Ventures traded at an intraday record high of $13.50 but finished trading up 1 cent at $12.21, with 89,182 shares. Victoria Mutual Investments lost 9 cents to close at $4.30, with 723,173 shares and Wisynco Group fell 30 cents and ended at $10, with 1,214,450 shares. In the main market preference segment, JMMB Group 7.25%concluded trading at $2.10, with 324,200 shares.
Market activity ended with an average of 96,968 units for an average of $442,277 in contrast to 84,493 units for an average of $444,615 on Thursday. The average volume and value for the month to date amounts to 90,532 units with an average value of $363,661 and previously 89,483 units with an average value of $350,843. April closed with an average of 121,622 units at $506,803, for each security traded.
Express Catering traded with a loss of 1 cent at $5.64, with 22,300 shares, FosRich Group finished trading 5 cents higher at $2.40, with 191,345 shares, General Accident closed 14 cents higher at $3.38, with 12,890 stock units, Honey Bun rose 1 cent to $4.61, with 84,690 shares. Jamaican Teas ended trading at $4.50, with 40,039 stock units, Jetcon Corporation traded 10 cents higher at $4.10, with 863 units, Key Insurance finished trading after rising 60 cents to end at $4, with 3,000 shares, Knutsford Express ended 50 cents higher at $13, with 6,804 shares. Lasco Distributors concluded trading with a loss of 9 cents at $4.16, with 37,722 stock units, Lasco Financial finished with a loss of 5 cents at $5.45, with 36,739 units, Lasco Manufacturing settled 5 cents higher at $3.95, with 1,213,202 shares, Main Event ended trading at $7, with 195,584 shares. Paramount Trading finished trading 39 cents higher at $3.10, with 204,316 stock units, Stationery and Office rose 50 cents to a new high of $7.50, with 102,027 units changing hands and tTech concluded trading with a loss of 13 cents at $5.87, in exchanging 13,654 shares.
Firm Traded| Angostura Holdings ended at $15.75, with 20 stock units changing hands, First Citizens concluded trading at $35, after exchanging 35,019 shares, Grace Kennedy completed trading at $3.15, with 11,000 units, Massy Holdings ended at $47.27, with 48,662 stock units changing hands, NCB Financial Group concluded market activity at $5.50, after exchanging 76,942 shares, One Caribbean Media ended at $12.40, with 450 stock units changing hands, Sagicor Financial completed trading at $7.75, with 42,483 units and Trinidad & Tobago NGL finished trading at $29.05, with 16,293 units exchanged.
compared to 4,614,305 units valued at $109,133,839 changing hands in the main market, on Wednesday.
In contrast, April closed with an average of 708,206 shares with a value of $6,395,518 for each security traded.
Market activity ended with an average of 84,493 units for an average of $444,615 in contrast to 57,727 units for an average of $206,040 on Wednesday. The average volume and value for the month to date amounts to 89,483 units with an average value of $350,843 and previously 90,161 units with an average value of $338,109. April closed with an average of 121,622 units at $506,803, for each security traded.
General Accident closed 9 cents higher at $3.24, with 14,650 stock units, GWest Corporation ended with a loss of 14 cents to end at a an all-time low at $2.16, with 95,500 units, Iron Rock finished at $3, with 400,000 shares. KLE Group closed with a loss of 15 cents at $2.35, with 511 shares, Knutsford Express ended with a loss of 50 cents at $12.50, with 10,000 shares, Lasco Distributors concluded trading with a loss of 6 cents at $4.25, with 51,461 stock units, Lasco Financial finished at $5.50, with 313,128 units. Lasco Manufacturing settled with a loss of 10 cents at $3.90, with 27,000 shares, Main Event ended trading 19 cents higher at $7, with 400 shares, Medical Disposables traded at $5, with 9,000 shares and Stationery and Office climbed by 70 cents to a an all-time high of $7, with 5,376 units. In the junior market preference segment, Derrimon Trading 9% ended with a loss of 10 cents close at an all-time low of $1.90, with 22,980 stock units, changing hands.
Trading on the Trinidad & Tobago Stock Exchange ended on Wednesday with trading in 16 securities against 10 on Wednesday, with 5 advancing, 3 declining and 8 remaining unchanged. 
Losses| Guardian Holdings ended trading 5 cents lower at $15.25, after exchanging 10 shares, NCB Financial Group concluded trading with a loss of 25 cents and ended at $5.50, after exchanging 20,361 shares and Prestige Holdings traded with a loss of 15 cents and ended at $10.15, after 1,525 shares changed hands.
The Junior Market Index rose just 4.89 points to close at 2,933.14, trading just 19 securities but the closing bids and offers suggest that the market could enjoy a bigger bounce on Thursday. 
Market activity ended with an average of 57,727 units for an average of $206,040 in contrast to 51,834 units for an average of $233,524 on Tuesday. The average volume and value for the month to date amounts to 90,161 units with an average value of $338,109 and previously 94,470 units with an average value of $355,656. April closed with an average of 121,622 units at $506,803, for each security traded.
GWest Corporation ended at $2.30, with 30,671 units, ISP Finance settled at $18, with 1,400 shares, Jamaican Teas ended trading with a loss of 50 cents at $4.50, as 4,112 stock units changed hands, Jetcon Corporation closed at $4, with 9,814 units. Key Insurance finished trading with a loss of 50 cents at $3.40, exchanging 286,042 shares, KLE Group closed 25 cents higher at $2.50, with 201,200 shares, Lasco Distributors concluded trading at $4.311 after declining 1 cent, with 140,266 stock units, Lasco Financial finished with a loss of 2 cents at $5.50, trading 38,789 units and Lasco Manufacturing settled 5 cents higher at $4, with 1,180 shares. In the junior market preference segment, Eppley 8.75% settled at $6, with 30,000 shares changing hands.
Losses| Clico Investments shares fell 3 cents and completed trading at $20.17, with 12,182 units, National Flour closed with a loss of 15 cents and settled at $1.70, after exchanging 16,081 shares and Trinidad & Tobago NGL shed 25 cents and completed trading at $28.75, with 9,987 units changing hands.
