Mixed week for T&T Stock Exchange


The Trinidad and Tobago Stock Exchange closed mixed at the end of the past week, with the Composite index gaining 4.1 points or 0.40 percent, the All T&T index lost 9.26 points or 0.61 percent and the Cross-Listed index rose 2.58 points or 3.58 percent, with prices of 10 stocks falling compared with 14 in the previous week and 7 increasing similar to the prior week.

Scotiabank dropped $2.39 at the close of the week.

At the week’s close, Prestige Holdings ended 50 cents higher at $10.95 and CIBC Caribbean Bank rallied 35 cents to $8.55.
Agostini fell $1.05 to $65, Scotiabank dropped $2.39 to close at $52.45 and First Citizens Bank shed 55 cents to $43.
At the week’s close, the average PE ratio of the market ended at 18.36, based on 2024 earnings and 12.45, based on estimated earnings for 2025, suggesting a 47 percent potential gain for stocks in 2025.

Stocks with the potential to gain 100 percent or more when the market comes back to life, include CIBC Caribbean Bank which could rise 180 percent, the severely undervalued Guardian Holdings, a 370 percent potential gain, Republic Holdings at 140 percent, First Citizens Bank 85 percent, Trinidad Cement with 260 percent, Eric Solis with a 190 percent potential gain and One Caribbean Media with 330 percent.
Investors should watch Massy Holdings with a 50 percent potential gain, Prestige Holdings, which could gain 100 percent and Scotiabank with the potential of a 50 percent gain.

Gains for JSE Main Market


Trading dropped sharply on the Jamaica Stock Exchange Main Market on Friday, with the volume of stocks traded declining 52 percent and the value 57 percent lower than on Thursday, resulting from trading in 57 securities, down from 61 on Thursday, with prices of 25 rising, 22 declining and 10 ending unchanged and pushing the market indices higher.

The market closed with only 5,920,137 shares trading for a mere $33,057,831 compared to 12,257,707 stocks with a value of $76,185,624 on Thursday.
Trading closed with an average of 103,862 shares at $579,962 compared to 200,946 stocks at $1,248,945 on Thursday and for the month to date, an average of 149,868 units worth $1,341,841, down from 154,891 shares at $1,425,034 on the previous day and May with an average of 245,284 stock units at $2,050,773.
Wigton Energy led trading with 2.74 million shares for 46.3 percent of total volume, followed by Transjamaican Highway, with 1.15 million units for 19.4 percent of the day’s trade and Radio Jamaica with 415,940 stocks for 7 percent of the volume traded.
The All Jamaican Composite Index advanced 1,206.10 points to settle at 362,704.98, the JSE Main Index gained 1,324.44 points to close at 313,828.14 and the JSE Financial Index advanced 0.24 points to 64.99. At the close, the Investor’s Choice bid-offer indicator shows eight stocks ending with bids higher than their last selling prices and three with lower offers.
The Main Market ended trading with an average PE Ratio of 13.4. 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.
In closing out the week, AS Bryden fell 70 cents to close at $25.30 in an exchange of 5,438 shares, Caribbean Cement gained 50 cents to end at $81.50 with investors swapping 1,104 stocks, Caribbean Producers shed 97 cents to end at $8.02 after a transfer of 3,121 shares. Carreras popped 69 cents to $15.99 after trading of 288,615 stock units, Eppley Caribbean Property Fund sank 50 cents to finish at $36 as investors exchanged 6,608 units, GraceKennedy rallied $1.40 and ended at $73.50 in switching ownership of 10,511 shares. Jamaica Broilers rose 82 cents to $25.82 with investors trading 13,047 stock units, Jamaica Producers advanced 50 cents and ended at $23 after an exchange of 999 stocks, Jamaica Stock Exchange increased 40 cents to finish at $12.90 with a transfer of 42,714 units. JMMB Group declined 82 cents to close at $20.03, with 44,508 shares changing hands, Kingston Wharves climbed 51 cents to end at $32.98, with investors trading 2,205 stocks, Massy Holdings popped $1.20 in closing at $77.50, with an exchange of 10,163 units. Mayberry Jamaican Equities lost 67 cents to $9.03 and closed with an exchange of 1,329 stock units, NCB Financial skidded 64 cents to close at $41.31 with 63,892 shares crossing the market. Pan Jamaica increased $1.29 and ended at $52 with an exchange of 13,529 stocks. Proven Investments climbed 45 cents to finish at $17.70, with 45 units crossing the market, Sagicor Group sank $1.18 to end at $40.01 after an exchange of 84,158 stock units, Sagicor Real Estate Fund dipped $1.55 in closing at $7 after 11,871 shares passed through the market. Sterling Investments rose 43 cents to $3.30, with the swapping of 56,904 stock units and Supreme Ventures rallied 60 cents in closing at $19.65, with investors dealing in 35,764 units.
In the preference segment, Eppley 7.75% advanced $1.14 and ended at $19.26, after trading at a 52 week intraday low of $15.40, with 3,910 stocks clearing the market. Jamaica Public Service 7% dropped $6.49 to end at $36.76 with traders dealing in 200 units, JMMB Group 7.15% – 2028 gained 37 cents to finish at $2.92 in trading 16,141 stocks and Productive Business Solutions 10.5% popped $10 to close at $1160 with 113 shares crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Investors shun Junior Market


Investors shun trading of stocks on the Junior Market of the Jamaica Stock Exchange Friday, with a 44 percent decline in the volume of stocks traded, valued marginally more than Thursday, with trading of only 35 securities, down sharply from 45 on Thursday and ending with prices of 10 rising, 20 declining and five closing unchanged.

The market closed with trading of 3,388,758 shares for $7,134,869 compared with 6,031,514 units at $7,131,624 on Thursday.
Trading averaged 96,822 shares at $203,853 compared to 134,034 stocks at $158,481 on Thursday, with the month to date, averaging 154,128 units at $240,292, which is in line with 159,378 stock units at $243,631 on the previous day and well below the average for May with 419,466 stock units at $701,563.
Jamaican Teas led trading with 1.57 million shares for 46.3 percent of the total volume, followed by One Great Studio, with 381,530 units for 11.3 percent of the day’s trade and Fosrich with 271,444 stocks for 8 percent of the volume traded.
At the close of trading, the Junior Market Index shed 29.72 points to finish at 3,399.32, down 9 percent for the year to date. The Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and two with lower offers.
The Junior Market ended trading with an average PE Ratio of 14.5, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close of the week, AMG Packaging lost 33 cents to close at $2.10 with a transfer of 6,745 shares, Caribbean Flavours shed 16 cents to close at $1.43 after investors exchanged 10,523 stock units, Consolidated Bakeries sank 17 cents to end at 52 week low of $1.18, with 3,908 shares crossing the market. Dolla Financial dipped 5 cents in closing at $2.34 in an exchange of 216,280 units, Dolphin Cove sank 97 cents and ended at $13.60 after an exchange of 8,989 stocks, Express Catering rallied 12 cents to finish at $2.72 in trading 1,000 units. Fontana slipped 11 cents and ended at $8.89 after a transfer of 41,396 stocks, Honey Bun popped 36 cents to $8.01, with 11,468 shares crossing the market. Indies Pharma fell 20 cents to close at $3.60 with traders dealing in 600 stock units. JFP dropped 5 cents to end at 50 cents after 5,032 shares passed through the market, Knutsford Express skidded $1.19 in closing at $11.80, with 4,085 stock units changing hands, Main Event climbed 86 cents to finish at $9.97, with investors trading 39 stocks. Medical Disposables rose 6 cents and ended at $1.59 with an exchange of 293 units, Regency Petroleum traded 55,396 shares at $4.20 after trading at a intraday 52 week high of $4.39, Spur Tree Spices declined 6 cents to $1, with 32,628 stocks clearing the market and Tropical Battery shed 6 cents to finish at $2.13 with investors swapping 82,921 units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Stocks close higher on T&T Stock Exchange


Winning and losing stocks shares the spotlight at the end of trading on the Trinidad and Tobago Stock Exchange on Friday, with the market indices getting lifts, following a 43 percent drop in the volume of stocks traded with a 53 percent greater value than on Thursday, resulting in 15 securities trading, down from 20 on Thursday and ending with prices of three stocks rising, three declining and nine ended firm.

The market closed with trading of 375,395 shares valued $4,582,061 compared to 656,068 stock units at $3,003,287 on Thursday.
An average of 25,026 shares were traded at $305,471 compared with 32,803 units valued at $150,164 on Thursday, with trading for the month to date averaging 25,880 shares at $271,108, in line with 25,955 units at $268,095 on the previous day and an average for May of 24,702 shares at $146,628.
The Composite Index popped 11.50 points to conclude trading at 1,038.00, the All T&T Index climbed 5.77 points to 1,511.02, the SME Index remained at 91.81 and the Cross-Listed Index increased 2.47 points to close trading at 74.45.
Investor’s Choice bid-offer indicator shows no stock ended with a bid higher than the last selling price and three with lower offers.
At the close of the market, Agostini’s finished at $65 after an exchange of 204 shares, Ansa McAl ended at $44, with just 716 shares trading, CIBC Caribbean Bank ended at $8.55 with an exchange of 2,530 units. First Citizens Group remained at $43 after investors traded 6,219 shares, GraceKennedy remained at $3.85 in switching ownership of 1 stock unit, Guardian Holdings gained 25 cents to finish at $17 with traders dealing in 579 shares. JMMB Group rose 8 cents and ended at $1.15 after an exchange of 2 units, Massy Holdings sank 3 cents to $3.92 in trading 286,778 stocks, NCB Financial ended at $1.98 with 7,100 stock units clearing the market. Point Lisas remained at $4.15 with investors trading 3,385 shares, Prestige Holdings advanced 4 cents to close at a 52 week high of $10.95, with 6,996 stock units crossing the exchange, Republic Financial dipped 8 cents to end at $112.02 with investors trading 25,149 stocks. Scotiabank ended at $52.46, with 510 units crossing the market, Trinidad & Tobago NGL remained at $3.75 in an exchange of 32,476 shares and Unilever Caribbean fell 1 cent to end at $13.99 with 2,750 shares crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.


New Regency high as Junior Market falls


Regency Petroleum hit a record high at the end of trading on the Junior Market of the Jamaica Stock Exchange, Thursday, with the volume of stocks traded declining marginally and the value dropping by 51 percent from that on Wednesday, following trading in 45 securities, up from 43 on Wednesday and ended with prices of 17 rising, 15 declining and 13 closing unchanged.

The market closed with trading of 6,031,514 shares for $7,131,624, skidding from 6,073,363 units at $14,579,413 on Wednesday.
Trading ended with an average of 134,034 shares worth $158,481 compared with 141,241 stocks for $339,056 on Wednesday, with the month to date, averaging 159,378 units at $243,631, down slightly from 162,762 stock units at $255,001 on the previous day and May with an average of 419,466 shares at $701,563. Kintyre Holdings led trading with 3.49 million shares for 57.9 percent of total volume, followed by Fosrich, with 644,000 stock units for 10.7 percent of the day’s trade and Future Energy with 366,908 stocks for 6.1 percent of the volume traded. At the close of trading, the Junior Market Index increased 21.54 points to end at 3,429.04. The Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and three with lower offers. The Junior Market ended trading with an average PE Ratio of 14.3, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025. At the close of trading, Access Financial fell $1.28 to end at $15.51 with traders dealing in just 110 shares, AMG Packaging rallied 10 cents to $2.43 with 2,630 stock units passing through the market, Atlantic Hardware sank 6 cents to finish at 94 cents with investors trading 5,060 shares. Cargo Handlers popped 37 cents and ended at $10.37 with a mere one stock unit switching ownership, Caribbean Flavours climbed 27 cents to close at $1.59 as investors cleared 21,123 stock units in the market, Consolidated Bakeries dropped 9 cents to end at $1.35 in trading 14,000 shares. Derrimon Trading shed 14 cents in closing at $1.82 as traders ended with a take of 208,576 stocks, Dolla Financial increased 9 cents to $2.39 as investors exchanged 175,145 units, Dolphin Cove gained 59 cents to finish at $14.57 after a transfer of 48,394 stock units. Honey Bun declined 21 cents and ended at $7.65 with investors dealing in 2,987 shares, Indies Pharma rose 20 cents to end at $3.80 with a transfer of 8,913 units, JFP advanced 5 cents to close at 55 cents after an exchange of 10,303 stocks. KLE Group rose 7 cents to 97 cents with investors trading 30 stock units, Limners and Bards lost 7 cents to end at $1.15 with an exchange of 85,860 shares, Main Event slipped 86 cents in closing at $9.11 with 738 stocks changing hands, while Medical Disposables advanced 20 cents to close at $1.53 after exchanging 1,500 stocks, RA Williams sank 8 cents and ended at 42 cents with investors swapping 150,603 units and Regency Petroleum popped 10 cents to finish at a 52 week high of $4.20 as traders exchanged 126,951 stocks through the market.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Seprod, Kingston Wharves big winners on the Jamaica Stock Exchange Main Market


Seprod, Kingston Wharves and Margaritaville were big winners at close of the Jamaica Stock Exchange Main Market on Thursday, following activity in 61 securities up from with 54 on Wednesday, with prices of 18 rising, 28 declining and 15 ending unchanged, resulting in the volume of stocks traded declining 15 percent and the value 73 percent lower than on Wednesday, with Transjamaican Highway dominating with 60.9 percent of total volume.

The market closed with 12,257,707 shares trading worth $76,185,624, after sliding from 14,941,475 stocks at $283,960,943 on Wednesday.
Trading averaged 200,946 shares at $1,248,945, down from 268,397 stocks valued at $5,255,307 on Wednesday and month to date, and an average of 154,891 stock units at $1,425,034 compared to 148,797 shares at $1,448,335 on the previous day and May with an average of 245,284 stock units at $2,050,773.
Transjamaican Highway led trading with 7.47 million shares for 60.9 percent of total volume, followed by Carreras which ended with 1.71 million stocks for 13.9 percent of the day’s trade and Wigton Energy with 1.69 million stock units for 13.8 percent of the day’s trade.
The All Jamaican Composite Index rose 809.62 points to close at 361,498.88, the JSE Main Index fell 329.20 points to 312,503.70 and the JSE Financial Index fell 0.35 points to conclude trading at 64.75. At the close, the Investor’s Choice bid-offer indicator shows 10 stocks ending with bids higher than their last selling prices and none with a lower offer.
The Main Market ended trading with an average PE Ratio of 13.4. 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, Berger Paints dropped 54 cents to $7.04 as investors exchanged 3,300 shares, Carreras lost 40 cents and ended at $15.30, with 1,709,794 units clearing the market, GraceKennedy skidded $1.88 to end at $72.10 with traders swapping ownership of 8,013 shares. while Guardian Holdings sank $1 in closing at $318 after an exchange of 652 stock units, Jamaica Producers shed $1.30 to close at $22.50 with investors trading 1,113 stocks, Kingston Wharves advanced $2.97 to finish at $32.47 with 17,330 units crossing the market. Margaritaville popped $1.81 to $12.36 after a transfer of 10 stocks, Massy Holdings fell $1.20 in closing at $76.30 with 4,125 shares being traded, NCB Financial increased 65 cents to end at $41.95 with 58,216 stock units crossing the exchange. 138 Student Living climbed 42 cents to close at $3.68 with investors dealing in 1,796 shares, Pan Jamaica sank $1.79 to finish at $50.71 with 180 units changing hands, Proven Investments dipped 65 cents and ended at $17.25 after an exchange of 2,565 stocks. Sagicor Group slipped $1.20 to $41.19 with 4,941 stock units crossing the market, Seprod rose $4.27 and ended at $79.77, but after hitting an intraday 52 week low of $75.10, with investors swapping 6,909 shares and Supreme Ventures declined 85 cents to end at $19.05 in an exchange of 34,746 units.
In the preference segment, Jamaica Public Service 9.5% gained $1 in closing at $2,650 with traders dealing in just 3 stocks, JMMB Group 7.15% – 2028 shed 53 cents to close at $2.55 after investors exchanged 266,152 stock units and 138 Student Living preference share sank $5.50 to finish at $194.50 after 21 shares were traded.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Stocks mostly rise on Trinidad Exchange


Rising stocks outnumbered losers on the Trinidad and Tobago Stock Exchange on Thursday, resulting in 20 securities trading down from 22 on Wednesday and ending with prices of eight stocks rising, three declining and nine ending firm, with the volume traded declining 30 percent and the value 88 percent lower than on Wednesday.

The market closed with trading of 656,068 shares worth $3,003,287, down from 943,806 stock units at $24,776,351 on Wednesday.
An average of 32,803 shares were traded at $150,164 compared with 42,900 units for $1,126,198 on Wednesday, with trading month to date averaging 25,955 shares at $268,095 compared with 25,048 units at $283,702 on the previous day and an average for May of 24,702 shares at $146,628.
The Composite Index popped 5.40 points to conclude trading at 1,026.50, the All T&T Index rose 2.44 points to 1,505.25, the SME Index remained unchanged at 91.81 and the Cross-Listed Index gained 1.20 points to close at 71.98.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and one with a lower offer.
At the close of market activity, Agostini’s popped $2 and ended at $65, with 51 shares crossing the exchange. Ansa McAl rallied $1 to $44, with investors dealing in 1,686 units, Ansa Merchant Bank ended at $39.49, with 50 shares clearing the market. CIBC Caribbean Bank remained at $8.55 with traders dealing in 20 stock units, First Citizens Group fell 50 cents to end at $43 after 1,113 stocks crossed the market, GraceKennedy rose 15 cents to close at $3.85 as investors exchanged 60 units. Guardian Holdings lost $1.25 to land at $16.75 after a transfer of 15,500 shares, Guardian Media advanced 2 cents to $1 with investors trading 178 stock units, Massy Holdings ended at $3.95 in switching ownership of 4,189 stocks. National Enterprises rose 2 cents to end at $2.44 with investors swapping 5,821 shares, National Flour Mills increased 2 cents in closing at $1.65 in an exchange of 10,110 stock units, NCB Financial rallied 18 cents to close at $1.98 with 110,000 stocks changing hands. One Caribbean Media remained at $2.70 after an exchange of 7,773 units, Point Lisas remained at $4.15 with investors trading 16,968 shares, Prestige Holdings ended at $10.91 with an exchange of 5,858 stocks. Republic Financial declined 10 cents and ended at $112.10 after 1,864 units passed through the market. Scotiabank ended at $52.46 in trading 824 stock units, Trinidad & Tobago NGL rose 1 cent to end at $3.75 with 454,488 shares crossing the market. Unilever Caribbean remained at $14 in an exchange of 16,202 units and West Indian Tobacco closed at $4.95 after 3,313 stocks changed hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Junior Market trading climbs


Trading activity climbed on the Junior Market of the Jamaica Stock Exchange on Wednesday, with the volume of stocks traded rising 13 percent and the value climbing 34 percent, compared to Tuesday, following trading of 43 securities up from 41 on Tuesday and ending with prices of 11 advancing, 20 declining and 12 closing unchanged.

The market ended with trading of 6,073,363 shares for $14,579,413, with an increase from 5,378,999 units at $10,914,660 on Tuesday.
Trading averaged 141,241 shares at $339,056 compared to 131,195 stock units amounting to $266,211 on Tuesday, with an average for the month to date of 162,762 units at $255,001, compared to 165,910 stock units at $242,708 on the previous day and for May with an average of 419,466 shares worth $701,563.
Jamaican Teas led trading with 2.91 million shares for 48 percent of the total volume, followed by Mailpac Group, with 1.07 million units for 17.6 percent of the day’s trade and Fosrich with 405,943 stocks for 6.7 percent of volume traded.
At the close of trading, the Junior Market Index fell 22.42 points to wrap up trading at 3,407.50. The Investor’s Choice bid-offer indicator shows nine stocks ending with bids higher than their last selling prices and four with lower offers.
The Junior Market ended trading with an average PE Ratio of 14.3, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close of the market, AMG Packaging dipped 10 cents to close at $2.33 with trading of 6,363 shares, Atlantic Hardware added 5 cents to end at $1 with an exchange of 171,500 stock units, Blue Power fell 10 cents in closing at $4.90 with only 4 shares changing hands. Cargo Handler shed 24 cents to close at $10 with a transfer of 995 units, Consolidated Bakeries rose 12 cents and ended at $1.44 with 33 stocks crossing the market, Dolphin Cove declined 22 cents to finish at $13.98 after a transfer of 3,299 units. Elite Diagnostic sank 14 cents and ended at $1.25 with investors trading 300,036 shares, Express Catering skidded 12 cents to $2.60 with 1,200 stock units crossing the market, Fontana rallied 25 cents to finish at $9 after an exchange of 121,309 stocks. Image Plus sank 5 cents to close at 95 cents, with 10,000 shares clearing the market. Indies Pharma dropped 5 cents in closing at $3.60 with traders switching ownership of 100,000 units, Iron Rock Insurance lost 20 cents to end at $5 after an exchange of 20 stocks. Jamaican Teas slipped 6 cents in closing at $2.30 after closing with 2,914,496 stock units changing hands, JFP Ltd lost 5 cents to 50 cents as investors exchanged 4,838 shares, KLE Group increased 6 cents to close at 90 cents in trading 1,746 units. Main Event popped 86 cents to end at $9.97 with 8,832 stocks passing through the market, RA Williams climbed 8 cents to finish at 50 cents after trading of 2,687 stock units and Regency Petroleum gained 10 cents and ended at $4.10 in an exchange of 81,830 shares.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

 K-Wharves dominates falling Main Market


Falling stocks edged out those rising on the Jamaica Stock Exchange Main Market on Wednesday following trading in 54 securities compared with 56 on Tuesday, with prices of 20 rising, 23 declining and 11 ending unchanged, pushing the Main Market primary Indices sharply lower. The market closed with the volume of stocks traded rising 98 percent and the value 363 percent more than on Tuesday, with Kingston Wharves controlling just 69 percent of all Main Market trades.

The market closed with 14,493,436 shares trading for $283,786,562, increasing from 7,330,601 stock units at $61,349,989 on Tuesday.
Trading averaged 268,397 shares at $5,255,307, up from 130,904 stocks at $1,095,536 on Tuesday and month to date, an average of 148,693 units at $1,447,957 rising from 132,811 shares at $942,805 on the previous day and lower than May, with an average of 245,284 stock units at $2,050,773.
Kingston Wharves led trading with 9.96 million shares for 68.7 percent of total volume, followed by Transjamaican Highway, which ended with 1.33 million stocks for 9.2 percent of the day’s trade and Wigton Energy with 1.10 million units for 7.6 percent of the day’s volume.
The All Jamaican Composite Index lost 4,796.33 points to 360,689.26, the JSE Main Index fell 3,618.15 points to conclude trading at 312,832.90 and the JSE Financial Index slipped 0.25 points to close at 65.10. At the close, the Investor’s Choice bid-offer indicator shows 20 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 13.4. 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 sank 95 cents to $26.05 with an exchange of 301 shares, Eppley Caribbean Property shed $6.39 to close trading at $36.60 with investors exchanging 4,911 stocks, Guardian Holdings lost $29 in closing at $319 as 3,445 shares changed hands. Jamaica Producers rallied $1.62 to close at $23.80, with trading of just 4 stock units, Jamaica Stock Exchange dropped 68 cents and ended at $12.30 as investors exchanged 1,103 units, JMMB Group rose 94 cents to finish at $20.97 in trading 16,014 stocks. Kingston Properties sank 35 cents and ended at $9.60 after an exchange of 56,699 shares, Kingston Wharves declined 45 cents to $29.50 with investors dealing in 9,962,826 units, Lasco Manufacturing climbed 36 cents to close at $7.11, with 222,413 stock units clearing the market. Massy Holdings popped 50 cents to finish at $77.50 with traders dealing in 14 shares, Mayberry Group fell 35 cents in closing at $7 after a transfer of 956 stocks, NCB Financial dropped 60 cents to end at $41.30 with an exchange of 48,346 units. Sagicor Group gained $2.38 to close at $42.39 with investors trading 65,301 stock units, Seprod shed $6.60 and closed at a 52 week low of $75.50 with an exchange of 8,259 shares, Supreme Ventures advanced 85 cents to end at $19.90 after closed with 9,392 stock units being traded and Wisynco Group skidded 45 cents and ended at $21 after an exchange of 9,165 units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Main Market ICTOP10 steady, Juniors volatile


Action in the ICTOP10 was mostly in the Junior Market, except for the Main Market’s Margaritaville, that fell 25 percent to close at $10. ICTOP10 Main Market stocks were relatively stable at the close of the week, but the Junior Market list bounced around.

At the close of the week, Guardian Holdings rose 4 percent to $355. In the Junior Market, Limners & Bards climbed 13 percent to $1.22, MFS Partners rallied 6 percent to 53 cents, Elite Diagnostic fell 13 percent to $1.25 and AMG Packaging lost 11 percent to close at $2.13.
In the All JSE ICTOP10 listings NCB Financial replaced Scotia Group.
The average PE for the JSE Main Market ICTOP 10 is just 5.9, well below the market average of 13. The Junior Market TOP10 stands at 6, less than half the market’s average of 14.5.
In the Main Market, ICTOP10, 16 stocks with the highest values account for 31 percent of the Main Market, with PE ratios between 15 and 43, with an average of 23 and a PE of 20 for the top half of the market with the highest values.
In the Junior Market IC TOP10, 21 stocks or 44 percent of the market have PEs ranging from 15 to 39, with an average of 22 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 that 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 the securities commented on in this report.