The JSE Main Market stocks gained close to 3 percent during the past week and those listed on the Junior Market were up just under one percent. The performance of ICTOP10 stocks was vastly different in both markets. The Junior Market TOP10 listings had Elite Diagnostic jumping 11 percent to finish at $1.50, AMG Packaging rising 10 percent to close at $2.74 and Dolla Financial increasing 10 percent to finish at $2.69.
Caribbean Assurance fell 9 percent following the belated reporting of the 2024 results, with a major increase in employee costs pushing the operations into a loss and Caribbean Flavours fell 6 percent to $1.16.
In the Main Market ICTOP10, Guardian Holdings rose 13 percent to $347, but Margaritaville dropped 23 percent to $11, Innovative Energy dipped 5 percent to $1.22 and so did VM investments in closing at $2.18.
At the end of the week, the Junior Marlet ICTOP10 ended with Caribbean Assurance and Dolphin Cove dropping out of the TOP10 and were replaced by Image Plus and Iron Rock Insurance. There are no changes to the Main Market ICTOP10 list. The All JSE ICTOP10 listings remained unchanged, but the order changed markedly, with Guardian Holdings dropping to the number 3 position and 138 Student Living climbing to the top.
The average PE for the JSE Main Market ICTOP 10 is just 5.3, well below the market average of 13.6. The Junior Market TOP10 stands at 7.4, just under half the market’s average of 15.1.
In the Main Market ICTOP 10, 22 stocks with the highest values account for 35 percent of the Main Market, with PE ratios between 15 and 40, with an average of 21 and a PE of 18 for the top half of the market with the highest values.
In the Junior Market IC TOP10, 19 stocks or 40 percent of the market have PEs ranging from 15 to 54, with an average of 23 and a PE of 22 for half of the market with the highest PEs.
ICTOP10 focuses on likely yearly winners. 
The list includes some of the best companies in the market and others that are not blue chip. Sometimes, they include weaker companies that may be oversold and end up on the list. ICInsider.com ranks stocks based on projected earnings, allowing investors to focus on the most undervalued stocks and remove emotions when selecting stocks for investments.
IC TOP10 stocks will likely deliver the best returns are ranked in order of potential gains, computed using projected earnings for the current fiscal year. Expected values will change as stock prices fluctuate, resulting in weekly movements in and out of the lists. Revisions to earnings are ongoing, based on the receipt of new information.
Persons who compiled this report may have an interest in securities commented on in this report.
The market closed with 6,354,185 shares trading for $108,084,361 compared with 14,473,698 stock units at $72,415,760 on Thursday.
Trading averaged 109,555 shares for $1,863,523 in comparison with 263,158 stocks at $1,316,650 on Thursday and month to date, an average of 184,318 stock units at $1,597,346 compared with April that ended with an average of 1,417,136 stocks at $6,010,754.
Transjamaican Highway was the leading traded stock with 2.81 million shares for 44.2 percent of total volume, followed by Massy Holdings which ended with 991,704 units for 15.6 percent of the day’s trade and Sygnus Credit Investments with 423,982 stocks for 6.7 percent of the volume traded.
At the close, the Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and four with lower offers.
The Main Market ended trading with an average PE Ratio of 13.6. The JSE Main and the USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
At the close of the market AS Bryden increased $2.54 to close at $33 in an exchange of 1,025 shares, Berger Paints climbed 99 cents to $7.85 with trading in 100 stocks, Caribbean Cement rose $3.52 and ended at $86.49 in swapping ownership of 2,834 units. Guardian Holdings rose $2 to finish at $347 with 1,157 stocks being traded, Jamaica Broilers popped $3 to end at $31 with an exchange of 70,802 stock units, Jamaica Producers rallied $1 in closing at $23.50 after trading of 1,004 shares. Jamaica Stock Exchange sank 45 cents to $12.50 and closed with an exchange of 4,072 stock units, Kingston Wharves advanced 65 cents to close at $28.40 with investors trading 150 units, Margaritaville lost $4 to finish at $11 after 1,196 stocks passed through the market. Massy Holdings dropped $1.10 and ended at $78.40 with investors trading 991,704 shares, NCB Financial rose $1.98 in closing at $47 with 7,685 stock units crossing the market, Pan Jamaica fell $1.90 to end at $53 with investors swapping 10,087 stocks. 
Proven Investments dipped 50 cents to $17.50 with 46,309 units clearing the market, Sagicor Group advanced $5.10 and ended at $49 in trading 10,214 stocks, Seprod sank $3.90 to finish at $81.05 with 5,306 units crossing the exchange, before the company release notice to acquire additional shares in AS Bryan that will take their holding up to 80 percent. Stanley Motta slipped $1.08 in closing at $5.89 with investors dealing in 5,102 shares and Sygnus Real Estate Finance skidded $1.15 to end at $8.14 after an exchange of 14,000 stock units.
In the preference segment, Sygnus Credit Investments C10.5% declined $6.50 to close at $95 with 931 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated. 
with an increased 2.3 percent or US$6.7 to US$259 million in February, up from US$254 million last year, a continuation from January that enjoyed an increase of 3.9 percent, data out of Bank of Jamaica show. 
The market closed with trading of 5,694,229 shares for $8,260,760, up from 4,735,370 units with a value of $6,394,360 on Thursday.
At the close of the week, AMG Packaging climbed 9 cents to $2.74 in trading 11,117 shares, Blue Power popped 10 cents to finish at $4.85 with 3,206 stock units crossing the market, Cargo Handlers skidded 11 cents and ended at $10.99 as investors exchanged 37 shares. Caribbean Assurance gained 20 cents to end at $2.49 after trading of 18,566 stock units, Derrimon Trading lost 6 cents in closing at $1.96 after an exchange of 1,209,401 units, Dolla Financial rose 14 cents to close at $2.69 with investors trading 189,700 shares. Elite Diagnostic advanced 12 cents to $1.50 after an exchange of 57,014 units, Express Catering dropped 5 cents to close at $2.84 with a transfer of 7,320 stocks, Fontana fell 80 cents and ended at $8.99 with 147,187 stock units clearing the market. Future Energy slipped 9 cents in closing at $3.15 after a transfer of 237,505 shares, GWest Corporation sank 10 cents to end at 87 cents in switching ownership of 14,110 stock units, Image Plus dipped 9 cents to finish at 99 cents with traders dealing in 483,127 units. 
Indies Pharma sank 10 cents and ended at $3.60 in an exchange of 8,091 stocks, ISP Finance shed 82 cents to $11.50 with investors trading 873 shares, Jamaican Teas rallied 10 cents to close at $2.55 with an exchange of 35 units. Knutsford Express increased 53 cents to end at $12.68 with 3,563 stocks crossing the market, Limners and Bards declined 5 cents in closing at $1.15 with investors swapping 73 stock units, Mailpac Group popped 23 cents to finish at $2.58 with 24,477 shares crossing the exchange. MFS Capital Partners rallied 6 cents to 42 cents with investors dealing in 25,868 units, Regency Petroleum rose 23 cents to finish at $3.88 after closing with 127,794 stocks being exchanged and Stationery and Office Supplies sank 7 cents and ended at $1.52 with just 1,219 stock units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Richard Pandohie, CEO of Seprod owns 65.8 million shares. It would appear that the offer is an exercise, primarily to roll all these holdings into Seprod and simplify the accounting for the investments.
The market closed with the trading of 151,074 shares for $818,323 compared to 224,736 stock units at $1,530,432 on Thursday.
At the close, Agostini’s dipped 75 cents to $67.25 with a transfer of 29 shares, Angostura Holdings closed at $14.80 after investors exchanged 349 units, Ansa McAl remained at $50 after 398 shares passed through the market. Ansa Merchant Bank ended at $39.50 after an exchange of 31 stocks, Endeavour Holdings ended at $18 with investors dealing in 500 stocks, First Citizens Group closed at $42 in an exchange of 437 shares. GraceKennedy remained at $3.87 with 155 stocks crossing the market, Guardian Media sank 4 cents to finish at 96 cents after an exchange of 20,427 units, Massy Holdings remained at $4 after trading of 14,930 stock units. National Enterprises declined 7 cents in closing at $2.43 with 25,941 shares crossing the exchange, National Flour Mills shed 4 cents to close at $1.56 after a transfer of 63,473 units, 
Point Lisas dropped 5 cents to end at $4.40 with 1,000 stocks changing hands. Prestige Holdings climbed 26 cents to $10.89 after an exchange of 1,850 stock units, Republic Financial added 1 cent to end at $110.61 with trading of 3,661 shares, Scotiabank sank 21 cents in closing at $52.79 with 56 stock units clearing the market. Trinidad & Tobago NGL lost 5 cents in ending at $3.25 with dealers trading 6,450 stocks, Unilever Caribbean popped 10 cents to close at $12.25 after 396 units were exchanged and West Indian Tobacco fell 12 cents to finish at $5.30 with investors swapping 10,991 shares.
The market closed with 14,473,698 shares trading worth $72,415,760, down from 20,922,408 stock units at $136,737,004 on Wednesday.
At the close, AS Bryden increased $1.71 and ended at $30.46 with 17,302 shares crossing the market, Caribbean Cement fell $3.03 to $82.97 in an exchange of 2,471 stock units, Eppley Caribbean Property Fund popped 62 cents in closing at $39.45 with 8 shares changing hands. General Accident rallied 58 cents to end at $5.38 and closed with an exchange of 3,611 stocks, Guardian Holdings shed $4.99 in closing at $345, with investors trading 39 units, Jamaica Broilers sank $1 to finish at $28 after 39,712 shares passed through the market. Jamaica Producers slipped $2.40 to $22.50 with investors dealing in 33,001 units, JMMB Group sank 78 cents and ended at $21.87 with 5,836 stocks crossing the exchange, Kingston Wharves skidded 73 cents to finish at $27.75 with investors trading 31,919 stock units. 
Mayberry Group rose 55 cents to end at $7.25 after a transfer of 9,686 shares, NCB Financial lost $4.43 in closing at $45.02 following trading of 106,507 units, Pan Jamaica declined $1.35 to close at $54.90 as investors exchanged 131 stocks. Proven Investments dropped 45 cents to $18 with a transfer of 210,884 stock units, Sagicor Group fell $1.60 to $43.90 with 4,232 shares clearing the market, Scotia Group lost $1.19 to finish at $53 with traders dealing in 51,375 stocks and Wisynco Group gained 41 cents to close at $20.99 in switching ownership of 18,520 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with trading of 4,735,370 shares for $6,394,360 compared with 22,755,488 units at $47,209,153 on Wednesday.
To start the new month, Access Financial dipped 15 cents in closing at $17.40 in an exchange of just 35 shares, AMG Packaging climbed 34 cents to $2.65 with 22,864 stock units crossing the market, Blue Power sank 14 cents to finish at $4.75 after an exchange of 1,434 shares. CAC 2000 dipped 11 cents and ended at $2.29 following 525 stocks passing through the market. Caribbean Assurance Brokers fell 21 cents to close at $2.29 with an exchange of 7,630 units, ahead of the company releasing 2024 full year results showing a loss for the year. Consolidated Bakeries popped 19 cents to end at $1.89 with traders dealing in 1,736 shares. Dolphin Cove gained 76 cents in closing at $11.99 in an exchange of 24,269 units, following the release of 2024 full year results that showed reduced profit compared with 2023. Elite Diagnostic declined 12 cents to $1.38 with investors trading 5,822 stocks, Future Energy lost 6 cents to finish at $3.24 after an exchange of 394,061 stock units. GWest Corporation rose 10 cents and ended at 97 cents with 14,579 shares changing hands.
Image Plus rallied 5 cents to close at $1.08 with investors swapping 77,594 stock units, Indies Pharma slipped 35 cents to end at $3.70 in switching ownership of 59,486 units. ISP Finance increased 27 cents to end at $12.32 as investors exchanged 21 stocks, Jamaican Teas sank 9 cents to $2.45 and closed with 524,003 units changing hands, Knutsford Express shed 53 cents to end at $12.15 with investors dealing in 1,634 stocks. Lasco Financial advanced 6 cents to close at $1.80 after a transfer of 547 shares, Limners and Bards skidded 5 cents to finish at $1.20 with 205 stock units clearing the market, Mailpac Group sank 35 cents and ended at $2.35 with an exchange of 45,384 shares, prior to release of slightly lower full year audited results. Regency Petroleum skidded 15 cents to $3.65, with 48,450 stocks crossing the market after hitting a 52 weeks’ intraday high of $3.99 and Tropical Battery popped 6 cents to end at $2.10 with a transfer of 25,267 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with trading of 224,736 shares for $1,530,432, up from 219,490 stock units at $1,128,137 on Wednesday.
At the close, Ansa McAl remained at $50 with investors trading 11 shares, CIBC Caribbean popped 2 cents to $8.13 in switching owners of 5,000 stock units, First Citizens Group rallied 6 cents to end at $42 with traders dealing in 1,635 shares. GraceKennedy ended at $3.87 in an exchange of 4,076 stock units, Guardian Holdings rose 20 cents to finish at $16.70 with investors trading 11,667 units, JMMB Group ended at $1.10 after a transfer of just one stock. Massy Holdings remained at $4 with 124,227 shares clearing the market, National Enterprises advanced 7 cents in closing at $2.50 as investors exchanged 16,725 stock units, National Flour Mills ended at $1.60 after 10,050 units passed through the market. NCB Financial climbed 19 cents and ended at $2.39 with an exchange of only one stock, 
Prestige Holdings increased 3 cents to end at $10.63 with 876 units crossing the market, Republic Financial sank 38 cents to close at $110.60 with investors dealing in 2,790 shares. Scotiabank gained 44 cents to end at $53 after an exchange of 1,309 stock units, Trinidad & Tobago NGL popped 10 cents to end at $3.30 with investors trading 3,110 shares, Trinidad Cement skidded 15 cents in closing at a 52 weeks’ low of $2 after an exchange of 22,422 stock units. Unilever Caribbean sank 55 cents and ended at $12.15 in trading 17,919 units and West Indian Tobacco fell 2 cents to finish at $5.42 with 2,917 stocks crossing the exchange.