In another week with investors’ attention split between the existing listings and two public stock issues on the market, the Main Market fell and the Junior Market rose marginally with the ICTOP10 ending with three stocks rising in the Junior Market listing while 5 declined. In the Main Market listing 5 stocks rose and three declined with Caribbean Producers falling from the All JSE ICTop10.
In the Junior Market ICTOP10, Dolphin Cove rebounded sharply from its recent fall, with a 9 percent climb during the week to $18.50 and AMG Packaging rose 4 percent to $2.90.
Kintyre Holdings fell 18 percent to 33 cents, Express Catering declined 10 percent to $2.60 and Dolla Financial lost 5 percent to close the week at $2.75.
In the Main Market ICTOP10, QWI Investments rose 6 percent to 82 cents and Jamaica Broilers popped 5 percent to $37, while VM Investments fell by 7 percent to close at $2.19.
The All JSE ICTOP10, compiled from all listed ordinary stocks on the Jamaica Stock Exchange ended the week with Caribbean Producers falling out and replaced by another Montego Bay company, Express Catering. 
There is one change to the Junior Market ICTOP10 and none in Main Market ICTOP10, with the Junior Market Iron Rock Insurance returning as Dolphin Cove drops out with the B recovery continuing for the stock price following the sharp fall two weeks ago.
The average PE for the JSE Main Market ICTOP 10 sits at just 5.7, well below the market average of 15 and the Junior Market TOP10 stands at 7.6, more than half of the market, with an average of 13.9.
Based on the earnings estimates for 2024, the Main Market ICTOP10 is projected to gain an average of 251 percent by May 2025, providing better values than the Junior Market, that is projected to achieve a 189 percent increase for the same period.
In the Main Market ICTOP 10, there are 19 stocks with the highest values representing 37 percent of the Main Market, with PEs between 15 to 44, with an average of 21 and a PE of 20 for the top half of the market with the highest values.
In the Junior Market IC TOP10, 13 stocks or 28 percent of the market have PEs ranging from 15 to 32 with an average of 19 and a PE of 18 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 non-blue chip stocks and in some cases weaker companies that may be oversold and therefore end up on the list. 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 on or around May 2025 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.
