Berger heads IC TOP10 Main Market


Berger Paints still heads the IC TOP10 Main Market stocks with the potential to gain 580 percent as the company ends 2026 with less than two months to spare, hopefully unaffected by major dislocations.

During the past week the Jamaica Stock Exchange Main Market closed higher, with the JSE Index closing at 387,081.20, up 1,882.17 points, 0.49 percent, from the the close of 385,199.03 a week earlier and 69,094.32 points, up by 21.73 percent, higher than the 2025 close of 317,986.88. ICTOP10 selection, 138 Student Living led the winners for the week with a gain of 44.19 percent, followed by Sagicor Select Manufacturing and Distribution Fund at 20.83 percent.
Looking forward, the ICInsider.com ICTOP10 forecast for Main Market stocks for 2026 to 2027 puts Berger Paints atop the list at 580 percent, well ahead of the rest of the field, with the company expected to record a major bounce in revenues and profit above the hurricane Melissa-battered 2025 results. JMMB Group is second at 431 percent and Sygnus Credit Investments is third at 418 percent flowing from a solid bounce in its 2026 profits compared with 2025 results. Sygnus Credit Investments also appeared among this week’s top six winners, rising 13.59 percent, so the forecast and recent price action point in the same direction. QWI Investments is fourth at 400 percent, putting four of the top seven at or above that mark. While interest increased recently, following one of the best profit performances since listing in 2019, the forecast for Jamaica Broilers is a 392 per cent gain. Margaritaville is forecast to deliver gains of 264 percent, It was one of the week’s best performers, up by 7.08 percent. Palace Amusement rounds out the top seven at 251 percent, and it too featured among the week’s top gainers with a 16.33 percent rise. Taken together, three of the seven forecast leaders also gained this week.
The ten winners averaged a gain of 16.00 percent, and the ten losers averaged a decline of 6.67 percent.
The six top winners this past week, posted large moves. 138 Student Living surged 44.19 percent, and Sagicor Select Manufacturing and Distribution Fund rose 20.83 percent. Sagicor Select Financial Fund popped 19.57 percent and Palace Amusement rose 16.33 percent. Sygnus Credit Investments eked out 13.59 percent, and First Rock Real Estate Investments closed up 12.36 percent.
On the downside, the six biggest decliners were led by Mayberry Jamaican Equities, with a fall of 12.03 percent. A.S. Bryden and Sons dropped 10.07 percent, and Jamaica Producers declined 8.78 percent. West Indies Petroleum lost 8.27 percent, Lasco Distributors fell 7.78 percent, and Pulse Investments closed down 5.94 percent.

ICTOP10 Caribbean Cream tops gains


Junior Market stocks closed the week, with individual stocks displaying sharp swings in prices, while the Junior Market Index, in contrast, moved modestly higher and closed the week at 3,130.92 points with a gain of 22.24 points, or just 0.72 percent, masking the much larger moves among individual stocks.

MFS Capital Partners ended the week with a gain of 21.28 percent to be the leading stock rising, but Limners and Bards was the weakest, in falling 12.5 percent. Caribbean Cream was the sixth-best performing stock, following solid second quarter results, reported after the close of the market on Thursday, with profit before tax amounting to $152 million for the half-year, and earnings per share coming in at 18 cents for the second quarter, up from 12 cents in the first quarter. The shares responded positively to the results, triggering the circuit breaker. In the process, it traded at $4.19. Looking ahead, the twelve-month forecast compiled by ICInsider.com projects earnings of 55 cents per share, with the stock set to rise by 186 percent over the next twelve months to $11. The stock has so far gained 84 percent for the year to date.
ICInsider.com projects gains for the Junior Market ranging from 138 percent to 1,076 percent across its top ten stocks, with Kintyre Holdings leading by a wide margin and Caribbean Assurance Brokers in second place at 476 percent.
ICInsider.com expects Kintyre Holdings to deliver a gain of 1,076 percent over the next twelve months, by far the highest projection. A forecast of that size usually reflects a very small share price and market value, so even modest buying can move the stock sharply, and investors should treat it with caution. Caribbean Assurance Brokers is projected to rise 476 percent. The insurance broker’s shares had lost ground over the past year, so the forecast implies a substantial recovery. Express Catering is forecast to gain 267 percent, placing it third on the list. Express operates restaurants at Sangster International Airport, so its outlook is closely tied to a rebound in passenger traffic and tourism.
Caribbean Cream follows with a projected gain of 186 percent, its second-quarter results this week are in line with that outlook. Gross operating revenue for the half-year rose 9 percent to $1,775 million, from $1,628 million a year earlier, while quarterly sales increased 8 percent to $891 million, from $826 million. Profitability improved markedly, as the company recorded a profit before tax of $151.7 million for the half-year, compared with a loss before tax of $12.6 million in the prior-year period. For the quarter, profit before tax climbed to $92 million from $5.6 million in 2025.
KLE Group is forecast to climb 167 percent. The stock is thinly capitalised and has been volatile, so outcomes could differ widely from the projection. Omni Industries rounds out the first six with a projected gain of 156 percent, indicating steady expectations for continued growth. As with all forecasts, these figures are estimates and actual results may differ.
Among the top five winning companies for the week, MFS Capital Partners topped the list, after rising 21.28 percent. R.A. Williams Distributors was next with a gain of 20.31 percent, Paramount Trading advanced by 18.18 percent. Dolphin Cove rallied by 16.42 percent, while Consolidated Bakeries rose to the top five with a gain of 15.11 percent. See chart for the top 10.
On the other side, the top five losing companies were led by Limners and Bards, which declined 12.5 percent. Honey Bun lost 8.02 percent, followed by JFP at 7.14 percent. FosRich Company fell 6.9 percent, and Spur Tree Spices slipped 6.25 percent.
For the shortened trading week, the focus is likely to continue on Caribbean Cream, which trades at a pe of just 7 currently a Jetcon with a PE of 10.4. Also of note is RA Williams, that posted excellent first-quarter results and trades at 7.7 times current years earnings.

Berger Paints heads Main Market ICTOP10


The JSE Main Market index fell this week, after closing on Friday, 16 October 2026 at 380,173.09, down 5,859.94 points, or 1.52 percent, from the previous week’s close of 386,033.03. First Rock Real Estate Investments led the winners with a gain of 22.6 percent, followed by Salada Foods with a rise of 16.03 percent, Sagicor Real Estate Fund, the biggest loser, shed 11.68 percent.
Looking ahead, ICInsider.com TOP10, forecast solid potential gains ahead over the next twelve months for Main Market stocks, led by Berger Paints, that is projected to rise 637 percent, with Margaritaville next at 524 percent and Sygnus Capital Investments is third at 490 percent. JMMB Group is projected to gain 459 percent, QWI Investments is forecast to rise by 400 percent, and Jamaica Broilers Group whose price is expected to recover from the huge collapse earlier this year to deliver gains of 383 percent over the next twelve months. Of note, QWI Investments posted a gain of 6.67 percent this this past week, following increased investors’ interest since reporting a healthy profit in the 2026 fiscal year.
The top five winners for the week were led by First Rock Real Estate Investments, which advanced 22.6 percent. Salada Foods climbed by 16.03 percent and Eppley rose 12.65 percent. Victoria Mutual Investments climbed 8.82 percent, while A.S. Bryden & Sons Holdings added 7.22 percent. On the other side, Sagicor Real Estate X Fund declined 11.68 percent to lead the top five losers. Palace Amusement Company fell 8 percent, Kingston Properties lost 7.69 percent, Quantas Advantage declined by 6.88 percent and GraceKennedy slipped by 5.5 percent.
Stocks in both the Main and Junior markets have been responding positively to strong gains in profits for the year so far, no results are expected for Main Market stocks as such not much is expected in price movements this coming week.