There is only one change to the TOP 10 lists, since we last reported on it, with Victoria Mutual Investments rising to more than $4 from the IPO price of $2.45, after listing in December and is replaced by Barita Investments.
Junior market stocks show some noted position change due to price movements. Key Insurance slipped in price to move atop that list, while Jamaican Teas gained and moved into the second half of the listing. CAC2000 posted results that were just 2 cents lower than IC Insider.com’s forecast of 80 cents, with the price climbing to $7.31 at close of the week and should really be going higher based on those numbers. Access Financial climbed back to $42, pushing it to the bottom of the list.
Former TOP 10 listing, Main Event reported a 79 percent jump in earnings for 2018, to 38 cents per share before taxation, the price may bounce about for a while around the $6, until it is clear that 2018 earnings should hit 55 cents per share.
With the Initial Public offerings (IPOS) out of the way, more life returned to the secondary market this past week with the main market enjoying buoyant volumes and the Junior Market recording some recovery with more buying interest.
At the close of Friday, the average PE ratio for Junior Market Top stocks ended at 8.6 and 8.4 for the main market TOP 10. 
The average PE for the overall main market is 15 and 13.6 for the Junior Market, based on 2017 estimated earnings.
IC Insider.com’s TOP 10 stocks now trade at an average discount of 37 percent to the average of the market for Junior Market Top stocks and 44 percent for the main market.
Market Watch| Investors should still keep a keen eye on Caribbean Cement for which supply seems to be declining and word that the company is close to an agreement in refinancing the leased assets that is expected to result in major savings in cost for 2018 onwards. FosRich and GWest Corporation, pulled back from 
their highs this past week with FosRich hitting $2.50 in trading on Friday, this one could see some rebounding but GWest Corporation could decline some more. Others to be watched are, CAC2000, General Accident, Cable & Wireless, NCB Financial, Berger Paints, JMMB Group, Main Event, Lasco Financial, Paramount Trading and Stationery and Office. Wisynco pulled back this past week to $10.80 and may well trade around this level for a while with a PE of 15 times 2018 earnings, as profit taking continues.
TOP 10 stocks – Watch for Wisynco
Wata produced by Wisynco
Movement in the TOP 10 lists, resulted in just one move out, while some changed positions notably on the list. Main Event was the sole stock dropping from the top list leaving room for Caribbean Cream to move in.
With the Initial Public offerings (IPOS) out of the way, more life returned to the secondary market this past week with the main market gaining strongly but Junior Market stocks continue to struggle but helped by gains in price of two new listings.
The year ahead will see a number of changes to the TOP listings with several of the current listing carrying over. Only ISP Finance so far is showing as a new likely TOP 10 listing for 2018 in the Junior Market. 
The main market list is likely to see about 4 new entrants for 2018, with Cable & Wireless, Barita Investments, Palace Amusement and Wisynco depending on when it list, joining the top stocks. Radio Jamaica sits just below the TOP 10 and could well squeeze into the 10 by the start of 2018. Profit results for the fourth quarter, are likely to impact prices of most stocks as the information will provide important fuel for price movements.
At the close of Friday, the average PE ratio for Junior Market Top stocks ended at 7.9 and 8.2 for the main market TOP 10. The average PE for the overall main market is 14.2 and 13.4 for the Junior Market, based on 2017 estimated earnings.
IC Insider.com’s TOP 10 stocks now trade at an average discount of 41 percent to the average of the market for Junior Market Top stocks and 42 percent for the main market.
Market Watch| Investors should still keep a keen eye on Caribbean Cement for which supply seems to be declining with the focus on refinancing of leased assets that is expected to result in major savings in cost for 2018 onwards. 
FosRich and GWest Corporation, the recent IPOs, started trading on the Junior Market last week with strong gains so far, they should be watched in the few trading days left for the year, to glean further directions as both are now richly priced. Others to be watched are, General Accident, Cable & Wireless , NCB Financial, Berger Paints, JMMB Group, Main Event, Lasco Financial, Paramount Trading and Stationery and Office. Wisynco could start trading this week and is expected to create some excitement with the issue more about twice oversubscribed.
n
Junior Market sheds nearly 46 points
Trading on the Junior Market of the Jamaica Stock Exchange resulted in the Market Index dropping 45.82 points, to close at 2,694.81 on Friday as 19 securities changing hands with the prices of 8 securities advanced, 6 declined and 5 remained unchanged.
Market activities closed with 8,996,675 units valued at $33,076,071 compared to 1,516,632 units valued at $6,748,760 from 17 securities on Thursday. By the close, Jamaican Teas traded 7.93 million units to dominate trading and FosRich and GWest traded at record close.
Trading ended with an average of 473,509 units for an average of $1,740,846 in contrast to 90,155 units for an average of $399,626 on Thursday. The average volume and value for the month to date, amounts to units 561,932 valued at $2,583,423 and previously 568,154 units valued at $2,642,716. In contrast, November closed with average of 107,477 units valued at $545,989 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 2 stocks ending with bids higher than the last selling prices and 3 with lower offers.
At the close of the market, Access Financial dived $6 cents to close at $36, with only 546 shares trading, AMG Packaging ended 12 cents higher at $2.99, with 300 stock units, CAC 2000 settled with a loss of $1.16 at $5.28, with 1,300 shares, Caribbean Producers closed at $4, with 16,049 shares, Consolidated Bakeries ended 40 cents higher at $1.80, with 14,703 stock units. Express Catering ended trading 10 cents higher at $4.40, with 25,574 stock units, FosRich Group traded 496,559 shares and gained 50 cents to end at record close of $3.49, GWest Corporation traded 19,982 shares and ended at $3.30 with a gain of 43 cents, Honey Bun finished trading with a loss of 9 cents at $3.91, with 5,500 shares, Jamaican Teas concluded trading 2 cents higher at $3.67, with 7,932,754 units, 
Jetcon Corporation finished 30 cents higher at $4.70, with 43,076 shares. Lasco Distributors finished trading at $3.99, with 183,483 shares, Lasco Financial closed with a loss of 13 cents at $5.05, with 87,901 shares, Lasco Manufacturing ended 10 cents higher at $3.60, with 29,350 stock units, Main Event concluded trading with a loss of 2 cents at $5.28, with 3,036 units. Medical Disposables finished with a loss of 5 cents at $4.95, with 100,000 shares, Paramount Trading settled at $3, with 6,520 shares, Stationery and Office ended trading at $4.90, with 27,591 stock units and tTech finished trading 22 cents higher at $5.40, with 2,451 shares.
Prices of securities trading for the day are those at which the last trade took place.