Jetcon tops Junior Market to August


The JSE Junior Market slipped 11.8 percent between January and August and in spite of the decline, 15 stocks recorded gains for the first eight months of the year, led by Jetcon Corporation with the price more than doubling to close at $3.77, from the start of the year.

Jetcon’s stock price benefitted from a turnaround in operations and a successful transition from the used to new car dealership business, resulting in investors piling into the stock and driving the price up with a gain of 151 percent for the year to date and dwarfing all other in the market.
MFS Capital Partners ended in second spot with gains of 41.03 percent, aided by Management execution of expansion plans, resulting in diversification and expansion of revenue sources with acquisitions and expansion of their Cambio services, both of which should contribute to revenue expansion this fiscal year that ends in June 2027. Caribbean Cream with its popular trade mark KREMI, is up by 33.97 percent, as it starts to reap the benefits of a expanding its operations and cut cost in some areas. Future Energy gained 25 percent and Spur Tree Spices boosted by a rise in profits for the six months to June, ended with the stock climbing 20.69 percent to end on the IC Insider Top 10 winners on the Junior Market. Late comers, Access Financial Services and Image Plus also joined the IC Top 10. Access is had steady first quarter results and the removal of major overhang of selling in the stock helped and Image Plus seeming to be benefiting from acquisitions.
 Worst Performers. Notwithstanding to strong showing by the winners, the Junior Market suffered notable declines, following the porting of some poor profit results. Kintyre tops the ICInsider.com Top 10 Junior Market losers, reporting a steep 75.71 percent decline for the period year to August. This is partly tied to newer shareholders liquidating their holdings. The suspension of trading in Kintyre stock has not provided room for any price rebound to share price following the rapid sell off of shares that took place after news shares were issued earlier this year. Main Event ended as the second worst performing stock with 48.7 percent fall with profits down sharply. Fosrich slipped 43.37 percent, with huge losses incurred in 2025 and 2026 so far. Derrimon Trading fell sharply 42.2 percent and Edufocal declined by 39.29 percent, in rounding out the list of the five worst performers.

Fosrich tops Jamaica Stock Exchange trading


Fosrich dominated trading to close out the week on Friday, with an exchange of 13.2 million shares, followed by Transjamaican Highway, with 7.2 million units, resulting in a 70 percent surge in trading activity on the Jamaica Stock Exchange, with the volume of stocks exchanged, climbing sharply but with a lower value than on Thursday. The market closed with the major indices of the Main Market rising, the Junior Market and the JSE USD Market indices falling, following prices of 41 shares rising, including Guardian Holdings that shot up by $25 to $350, as 39 declined and 27 remained unchanged.

At the close of the market, the JSE Combined Market Index climbed 3,084.80 points to 325,913.95, the All Jamaican Composite Index rallied 2,538.08 points to end at 362,662.87, the JSE Main Index popped a solid 3,525.73 points to finish at 315,338.47, the Junior Market Index dropped 40.74 points to end at 3,402.30 and the JSE USD Market Index sank 9.02 points to 196.13.
At the close of trading, 34,700,343 shares were exchanged in all three markets, up from 20,454,791 units on Thursday. The value of stocks traded on the Junior and Main markets amounted to $131.64 million, down from $154.6 million on the previous day and the JSE USD market closed with an exchange of 469,876 shares for US$15,944 compared to 816,058 units at US$31,247 on Thursday.
In Main Market activity, Transjamaican Highway led trading with 7.16 million shares, followed by Wigton Energy with 4.11 million stocks and Carreras, 2.32 million units.
In Junior Market trading, Fosrich led with 13.16 million shares, followed by RA Williams with 1.65 million stocks and One Great Studio, 1.26 million units.
In the preference segment, 138 Student Living preference share advanced $29 and ended at $244 and Sygnus Credit Investments C10.5% popped $7.90 to $106.
The market’s PE ratio, the frequently used measure to value stocks, ended at 13.2 based on 2025-26 earnings and 16.2 based on historical earnings. The ICInsider.com PE chart and the detailed daily charts provide investors with regularly updated information to help in decision-making. The PE ratio chart covers all ordinary shares listed on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market. The earnings per share (EPS) and PE ratios are based on 2024 and 2025 actual or projected earnings, excluding any major one time income or expense.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The chart should be used in making rational decisions when investing in stocks close to the sector average, not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals, while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock. The net asset value of each company is incorporated into the chart. Investors can use this measure in assessing stock values. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends that are paid or are due to be paid and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.

Another big trading day for Fosrich

Activity in Fosrich shares dominated trading on the Jamaica Stock Exchange on Wednesday, with above average volume for the third time in four trading days. The markets closed with gains for the Main Market and a moderate rise for the JSE USD market. The Junior Market suffered another day of decline and could end lower on Thursday following release of some disappointing quarterly results.
Markets closed with the number and the value of stocks changing hands jumping over the previous day, resulting in prices of 38 shares rising and 39 declining.
At the close of trading, the JSE Combined Market Index climbed 3,216.36 points to 331,977.43, the All Jamaican Composite Index jumped 4,043.31 points to finish at 356,886.54, the JSE Main Index rallied 3,561.72 points to end at  319,806.60. The Junior Market Index declined 28.41 points to close at 3,645.18 and the JSE USD Market Index popped 2.27 points to 236.26.
At the close of trading, 62,906,787 shares were exchanged in all three markets, up from 36,121,615 units on Tuesday, with the value of stocks traded on the Junior and Main markets amounting to $284.13 million, just above the $271.59, million on the previous trading day and the JSE USD market closed with an exchange of
In Main Market activity, Transjamaican Highway led trading with 3.76 million shares followed by Wigton Windfarm with 2.67 million stock units and NCB Financial with 1.62 million units.
In the Junior Market, Fosrich led trading with 46.82 million shares followed by Everything Fresh with 826,380 stock units and EduFocal with 576,820 units.
In the preference segment, Jamaica Public Service 7% rose $5.40 to $48.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.2 on 2023-24 earnings and 12.8 times those for 2024-25 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
The chart should be used in making rational decisions when investing in stocks close to the average for the sector, not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
The net asset value of each company is reported as a guide for investors to quickly assess the value of stocks based on this measure. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends paid or payable and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.

Tansjamaican & Fosrich dominate JSE trading

Transjamaican Highway closed with 172 million shares being traded and Fosrich, with 111 million shares pushed market activity sharply higher on Monday compared with trading on Friday at the close of the Jamaica Stock Exchange. At the close of trading the Main Market squeezed out a modest gain, with the Junior Market suffering a second day of sizable loss and the JSE USD market closed moderately lower as trading ended with the number and value of stocks changing hands jumping sharply over the previous trading day, resulting in prices of 25 shares rising and 51 declining.
At the close of trading, the JSE Combined Market Index rose 387.57 points to end at 331,752.56, the All Jamaican Composite Index rallied 299.17 points to close at 356,495.76, the JSE Main Index advanced 718.15 points to finish trading at 319,280.17. The Junior Market Index skidded 43.17 points to wrap-up trading at 3,685.32 and the JSE USD Market Index dipped 2.81 points to end trading at 233.72.
At the close of trading, 295,800,813 shares were exchanged in all three markets, up sharply from 137,437,210 units on Friday, with the value of stocks traded on the Junior and Main markets amounted to $811.40 million, well above the $397.68, million on the previous trading day and the JSE USD market closed with an exchange of 193,327 shares for US$18,349 compared to 24,785 units at US$735 on Friday.
In Main Market activity, Transjamaican Highway led trading with 172.15 million shares followed by Wigton Windfarm with 1.87 million units and Carreras with 686,809 stock units
In the Junior Market, Fosrich led trading with 111.13 million shares for 93.6 percent of total volume followed by ONE on ONE Educational with 3.52 million units for 3 percent of the day’s trade and Jamaican Teas with 1.76 million units
In the preference segment, no stock traded with a notable price change.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.3 on 2023-24 earnings and 12.3 times those for 2024-25 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
The chart should be used in making rational decisions when investing in stocks close to the average for the sector, not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
The net asset value of each company is reported as a guide for investors to quickly assess the value of stocks based on this measure. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends paid or payable and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.

Fosrich pushed trading on Jamaica Stock Exchange

Trading surged on Friday on the Jamaica Stock Exchange with the volume and value of stocks changing hands leaping sharply over the previous trading day, with Fosrich being the market leader with over 117 million shares, resulting in prices of 32 shares rising and 41 declining as the Main Market closed moderately lower, the Junior Market dropped sharply but the JSE USD market rose at the close of the week.
At the close of trading, 137,437,210 shares were exchanged in all three markets, up sharply from 13,481,892 units on Friday, with the value of stocks traded on the Junior and Main markets jumped to $397.68 million, well above the $63.38 million that was exchanged on the previous day and the JSE USD market closed trading of 24,785 shares at US$735 down from 727,558 stock units at US$21,301 on Thursday.
In Main Market activity, Wigton Windfarm led trading with 4.66 million shares followed by JMMB 9.5% preference share with 4.11 million stock units, Transjamaican Highway ended with 2.24 million units and JMMB Group with 1.05 million shares.
In the Junior Market, Fosrich led trading with 117.31 million shares followed by ONE on ONE Educational with 1.35 million stocks and Mailpac Group with 541,231 units.
In the preference segment, Jamaica Public Service 7% gained $5.40 to end at $48.
At the close, the JSE Combined Market Index dived 1,769.31 points to finish trading at 331,364.99, the All Jamaican Composite Index shed 624.47 points to close at 356,196.59, the JSE Main Index dropped 1,389.45 points to end  at 318,562.02. The Junior Market Index skidded 62.76 points to 3,728.49 and the JSE USD Market Index rose 3.15 points to settle at 236.53.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.6 on 2023-24 earnings and 13.3 times those for 2024-25 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
The chart should be used in making rational decisions when investing in stocks close to the average for the sector, not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
The net asset value of each company is reported as a guide for investors to quickly assess the value of stocks based on this measure. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends paid or payable and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.

JSE Main market suffers big loss as trading climbs

Stocks fell in Monday’s trading session and pushed down the market indices, with the Main Market index losing more than 6,000 points, with the Junior Market after losing around 33 points, deep into the trading session bounced back before the close to end the day with a minor of a few points while the JSE USD market closed moderately lower as trading ended with the number of stocks changing hands falling and the value jumping sharply over the previous trading day, resulting in prices of 29 shares rising and 43 declining.
At the close of trading on Monday, the JSE Combined Market Index dived 5.384.99 points to close at 336,302.80, the All Jamaican Composite Index dropped 4,751.24 points to finish at 363,559.46, while the JSE Main Index plunged 5,752.15 points to end trading at 323,170.52. The Junior Market Index rose 1.10 points to 3,793.15 and the JSE USD Market Index fell 0.14 points to wrap up trading at 250.57.
At the close of trading, 31,872,543 shares were exchanged in all three markets, down from 36,320,454 units on Friday, with the value of stocks traded on the Junior and Main markets amounted to $217.58 million, up from just $61.09, million on the previous trading day and the JSE USD market closed with an exchange of 90,769 shares for US$18,681 compared to 83,304 units at US$2,577 on Friday.
Trading in the Main Market was dominated by General Accident with 12.0 million shares followed by Transjamaican Highway with 6.55 million units, Sagicor Group with 1.33 million stock units and Proven Investments with 1.0 million stocks.
In the Junior Market, Fosrich led trading with 999,041 shares followed by Derrimon Trading with 614,908 units and Everything Fresh with 526,860 stocks.
In the preference segment, Jamaica Public Service 9.5% increased $51 to $2,900 and Productive Business Solutions 9.75% preference share dropped $10 in closing at $105.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 20.1 on 2022-23 earnings and 14.1 times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons between the same sector companies and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Investors need pertinent information to navigate numerous investment options successfully in the stock market. The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
Investors should use the chart to help make rational decisions when investing in stocks close to the average for the sector and not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
The net asset value of each company is reported as a guide for investors to assess the value of stocks based on this measure quickly. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends paid or payable and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.

Junior Market slips in 2023 as 19 stocks rose

Investors owning Junior Market stocks would be fortunate if they held most of the 19 best performing stocks in that market in 2023, if they held the TOP10 stocks from the start of 2023, they would have picked up gains ranging from 13 percent to a high of 65 percent, plus dividends in some cases.
Junior Market stocks fared better than their Main Market counterparts with 19 or 40 percent of listings recording gains during the year and 29 or 60 percent declining. ISP Finance was the leading Junior Market stock after gaining 65 percent for the year followed by Main Event up 55 percent, Regency Petroleum added 47 percent to the price at the commencement of the year, while Knutsford Express put on a solid 45 percent and Dolphin Cove 39 percent, in addition, the company paid dividends amounting to $1.60 during the year thus raising the total returns to 51 percent.
Declining Junior Market stocks were headed by the managerially and financially troubled iCreate down 65 percent, Elite Diagnostic struggling to overcome machine failures, declined by 46 percent, Medical Disposables suffered a fall of 44 percent as profit collapsed in 2023, helped by increased finance costs. CAC2000 fell 43 percent and 2022 highflyer, Fosrich dropped 38 percent. Advertising and public relations firm Limners and Bards fell 38 percent, money transfer and micro lender, Lasco Financial dropped 33 percent and petroleum distributor Future Energy a 2022 high flying stock retreated with a loss of 28 percent.

ISP jumps 94% & Lasco Distributors 70%

ISP Finance the leading price mover in the Junior Market jumped 94 percent for the year, to the end of September while Lasco Distributors soared 70% followed by Main Event, with a solid gain of 58 percent, Caribbean Assurance Brokers rose a robust 56 percent and Regency Petroleum up a respectable 46 percent and cross country passenger mover, Knutsford Express, 45 percent, to close out the top six winners against a decline by just 0.7 percent for the Junior Market over the same period.
The performance comes even as Jamaica’s Central Bank maintained a very tight monetary policy with interest rates on Certificate of Deposits close to 10 percent for most of the year so far.
Relatively high interest rates were only one part of the negative drag on the market. Profit results released during the period for several companies were lower than the comparative period in 2022 and investors hammered those stocks and by extension pressured the market index but rewarded most companies with growing profits, with higher prices.
Junior Market performance was vastly better than the Main Market with most of the top ten companies recording b increase in profits for the first half of the year over 2022.
ISP Finance, a microfinancing company led the Junior Market following news that two new directors with experience in the financial service sector and who had worked with in the past in arranging deals for them were appointed to the board. There was also speculation that the majority shares could probably change hands sooner rather than later. There is also the expectation for increased lending to customers is expected to impact revenues and profit positively following a decline in the half year profit when loans jumped to nearly a billion dollars from under $800 million. Lasco Distributors profits for the fiscal year to March jumped and was followed by improved results in the June Quarter as investors rewarded the performance with s solid price movement. Main Event continued to recover from the damage to revenues and profits during the COVID, bouncing back as profit more than doubled to $216 million from $104 million for the nine months to July. Movement in Caribbean Assurance Brokers’ stock price follows profit jumping from just $4.5 million in the June 2022 half year to $18 million this year. Regency Petroleum profit fell from $51 million to $25 million for the half year but hope for improved profits drove the stock with new gas stations being opened or to be opened. General Accident migrated from the Junior Market to the Main Market on the last day of the month, with the increased stock price spurred by profit surging 195 percent to $165 million in the 2023 half year.
Indies Pharma profit declined moderately for the nine months to June but was up 16 percent in the latest quarter, that performance does not warrant a 34 percent cut in the stock price to September but investors seem impatient with the progress of the company growth. Fesco stock price declined sharply for the period even as the net profits for the June quarter were marginally higher than that of the similar 2022 period, with revenues marginally higher. The stock price pulled back from heady levels in 2022 to adjust to the earnings in the last fiscal year of just under 23 cents per share with indications that it may not significantly improve in the current fiscal year to warrant the high premium it had in 2022. Fosrich, on the other hand, had a sharp decline in profits for the second quarter and the half year but it too enjoyed a big premium in the stock price in 2022, investors readjusted their expectations by marking the price down, although both stocks got a two day bounce at the end of September that improved their performance year to date. Lasco Financial had a third less profit in the 2023 fiscal year than the prior year and reported vastly poorer results in the third quarter to June and that seemed to have encouraged more selling of the stock. Revenues and profit bounced in the third quarter for Limners and Bards but are still down year to date compared with last year and that did not help the stock that lost value during the period. Edufocal profit bounced in 2023 and may not necessarily justify the 38 percent fall in the stock price, while iCreate had totally disastrous results in the 2022 fiscal year as well as in the first half of 2023, with the company’s performance continuing to raise questions about its future. Elite and CAC 2000 suffered a reversal in fortune that is reflected in the decline in stock prices of both companies.

A Lasco company exists ICTOP10

The Jamaica stock market continues to consolidate, awaiting a dynamic development to push it decisively in one direction or another as the Bank of Jamaica quietly tightened the money supply further in January, drying up buying power in the short run. The first big likely move is unlikely to be a reduction of interest rates which is seemingly set to occur in the second quarter, but the reporting of substantially increased profits to flow from some companies.
Tropical Battery returns to the ICTOP10 list for this week with projected earnings of 30 cents for the current year, up from 15 cents last fiscal year and replaces Lasco Manufacturing which dropped out with a rise in price during the week as the supply of the stock has drooped sharply recently, with just 11 offers to sell now in the system.
Image Plus Consultants reported nine months results with revenues rising 27 percent in the November quarter to $248 million and 43 percent in the nine months to $803 million, while profit  rose moderately to $24 million from $22 million in 2021 and for the nine months profits nearly tripled that of 2021 to reach $148 million. The company reported incorrect earnings per share for the periods, using the incorrect number of shares. As a result, rather than 29 cents per share for the quarter and $1.84, it is 2.3 cents and 15 cents for the nine months. Regardless, the stock is cheap based on these earnings and those to come.
Honey Bun rose 10 percent to $7.69, with the December quarter results due any time now, Lasco Financial gained 9 percent to $2.84 and Lasco Manufacturing gained 5 percent to $4.79. General Accident rallied 6 percent to $4.99. Image Plus Consultants entered the ICTOP10 after just one day of trading and fell to a low of $1.86 during the past week before rebounding to close this past week with a fall of 12 percent to $1.93, Caribbean Assurance Brokers lost 6 percent of its value to close at $2 and Paramount Trading fell 5 percent to $2.10.
All other movements in the Junior Market TOP10 were 3 percent or less. The Main Market Berger Paints popped 12 percent to $10.60, followed by a 9 percent rise for Jamaica Broilers to close at $31.50 and Guardian Holdings with a gain of 4 percent to $535. There were no notable losses.
At the end of the week, the average PE for the JSE Main Market TOP10 is 5.6, well below the market average of 15, while the Junior Market Top 10 PE sits at 6.5 versus the market at 12.6, critical indicators of the level of the undervaluation of the ICTOP10 stocks currently. The Junior Market is projected to rise by 211 percent and the Main Market TOP10 by an average of 274 percent to May this year. The primary concern for the Main Market achieving such gains by May is that the list is dominated by financial companies that are out of favour and may need to see the summer months before the full interest of investor start to show.
The Junior Market has 15 stocks representing 31 percent of the market, with PEs from 15 to 29, averaging 21 compared with the above average of the market. The top half of the market has an average PE of 18, with prices of Fosrich and Future Energy adjusting downwards closer to the average of the TOP15. The above average shows the extent of potential gains for the TOP 10 stocks. The situation in the Main Market is similar, with the 18 highest valued stocks priced at a PE of 15 to 116, with an average of 27 and 20 excluding the highest valued stocks and 27 for the top half excluding the highest valued stock.
ICTOP10 focuses on likely yearly winners, accordingly, the list includes some of the best companies in the market but not always. ICInsider.com ranks stocks based on projected earnings, allowing investors to focus on the most undervalued stocks and helping to remove emotions in selecting stocks for investments that often result in costly mistakes.
IC TOP10 stocks will likely deliver the best returns up to the end of May 2023 and 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 receipt of new information.

Persons who compiled this report may have an interest in securities commented on in this report.

 

 

 

Junior Market delivered 2022 JSE best

The eleven best performing stocks on the Jamaica Stock Exchange for 2022 to the end of September, all came from the Junior Market with Fosrich, a company that expanded into manufacturing, put in an incredible run of 326 percent, the 2022 listed Spur Tree Spices was second with gains of 285 percent and Tropical Battery coming in at tenth position with gains of 99 percent.

Future Energy, distributors of gasoline, produced a rise of 96 percent to cap a spectacular two year run. 1834 Investments climbed 83 percent to be the best performing main market stock, after the company agreed to be acquired by Radio Jamaica, followed by Portland JSX, with 52 percent and Supreme Ventures the gaming company came next at 46 percent, in a period when the main market declined in value.