Trading climbs on JSE Junior Market


Trading activity closed with increased in volume and value of stocks passing through the Junior Market of the Jamaica Stock Exchange Monday, with rising a 63 percent rise in the volume of stocks traded, having a 133 percent greater value than on Friday with trading in 42 securities compared with 46 on Friday and ending with prices of 13 rising, 20 declining and nine closing unchanged.

The market closed with trading jumping to 11,041,741 shares for $18,804,210, up from 6,792,598 units at $8,087,536 on Friday.
Trading ended with an average of 262,899 shares at $447,719 compared with 147,665 shares at $175,816 on Friday, with trading for the month to date, averaging 173,877 units at $446,903, just up from 168,763 stock units at $446,856 on the previous day and March with an average of 307,021 shares at $759,432.
Derrimon Trading led trading with 2.28 million shares for 20.6 percent of total volume followed by Jamaican Teas which ended with 1.80 million stocks for 16.3 percent of the day’s trade, ONE on ONE Educational closed with 1.73 million stocks for 15.6 percent of the volume traded, Mailpac Group with 1.55 million units for 14.1 percent of the volume traded and EduFocal with 1.34 million units for 12.1 percent of market trade.
At the close of trading, the Junior Market Index rose 13.19 points to 3,446.06. The Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and one with a lower offer.
The Junior Market ended trading with an average PE Ratio of 14.2, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close of a day of increased activity, Blue Power popped 48 cents to close at $4.98 after the trading of 28,725 units, Caribbean Assurance Brokers sank 72 cents to end at a 52 weeks’ low of $2.01 with investors trading 11,087 stock units, Caribbean Cream skidded 43 cents in closing at $2.16 with 2,551 shares crossing the market. Derrimon Trading increased 6 cents and ended at $1.96 as investors exchanged 2,276,260 units, Dolphin Cove lost 93 cents to finish at $11.50 in switching ownership of 20,243 stocks, Elite Diagnostic climbed 15 cents to close at $1.50 with investors trading 655 shares. Express Catering shed 41 cents to end at $2.54, with 25,547 units clearing the market. Fontana rose 9 cents in closing at $9.80 with investors dealing in 30,982 stocks, Fosrich rallied 5 cents to close at $2.49 after a transfer of 346,465 stock units. Iron Rock Insurance sank 5 cents to finish at $3.65 after 1,787 shares passed through the market, ISP Finance dipped $2.82 and ended at 52 weeks’ low of $9.50 and closed with an exchange of 23 units, Jamaican Teas gained 5 cents to end at $2.45 with 1,804,799 stocks crossing the exchange. JFP Ltd fell 5 cents to 59 cents with traders dealing in 454,318 stock units, Knutsford Express advanced 32 cents to close at $12.49 after an exchange of 34,942 shares, Lasco Financial declined 6 cents in closing at $1.63 in trading 3,875 stocks. Lumber Depot rose 7 cents to finish at $2.89 after an exchange of 588 units, Mailpac Group advanced 12 cents and ended at $2.57 with a transfer of 1,554,847 stock units, Spur Tree Spices dropped 5 cents to end at $1.22 in trading 107,680 shares and Tropical Battery slipped 5 cents in closing at $2.05 in an exchange of 64,416 stocks.

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

Kintyre jumps 11%, still tops ICTOP10


Iron Rock Insurance rocketed higher in the past week to be the top-performing ICTOP10 stock in the Easter Holiday shortened period with a gain of 23 percent and dropped out of the Junior Market TOP10 listings. Kintyre Holdings was next with a rise of 11 percent, yet still leads the Junior Market listing. Margaritaville is up 10 percent in the Main Market, in a shortened week, with the Junior Market rising just 21 points and the Main Market Index gained a solid 3,271 points.

At the end of the week, the Junior Marlet ICTOP10 main losers were AMG Packaging down 11 percent to close at $2.50, Dolphin Cove falling 10 percent to $12.43 and Elite Diagnostic declining 7 percent to finish at $1.35.
In the Main Market ICTOP10, Guardian Holdings rose 6 percent to $308, and could rise further in the weeks ahead, with the visible supply of shares on offer plunging to less than 60,000 units. VM investments gained 6 percent to close at $2.30, while NCB Financial rallied 5 percent to close at $46. QWI investments was the only stock declining, down 1 percent to $0.78.
In the All JSE ICTOP10, Express Catering replaced NCB Financial, while Limners and Bards returned to the Junior Market ICTOP10.
The average PE for the JSE Main Market ICTOP 10 is just 5.4, well below the market average of 13.1. The Junior Market TOP10 stands at 7.1, just under half the market average of 14.2.
In the Main Market ICTOP 10, 18 stocks have the highest values, accounting for 35 percent of the Main Market, with PE ratios between 15 and 40, with an average of 21 and a PE of 18 for the top half of the market with the highest values.
In the Junior Market IC TOP10, 17 stocks or 35 percent of the market have PEs ranging from 15 to 53, with an average of 21 and a PE of 21 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. In some cases, 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 in selecting stocks for investments.
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 the receipt of new information.
Persons who compiled this report may have an interest in securities commented on in this report.

Winning stocks highlight of Junior Market


Winning stocks outnumbered decliners 2 to 1 at the close of the Junior Market of the Jamaica Stock Exchange Friday, after a 6 percent rise in the volume of stocks traded, at a 17 percent lower value than on Thursday, following trading in 46 securities on both days and ending with prices of 21 rising, 11 declining and 14 closing unchanged.

The market closed with trading of 6,792,598 shares worth $8,087,536, up from 6,378,257 stock units at $9,740,845 on Thursday.
Trading averaged 147,665 shares at $175,816 compared with 138,658 stocks with a value of $211,757 on Thursday, with the month to date, ending with an average of 168,763 units at $446,856, down slightly from 170,179 shares at $465,057 on the previous day and March with an average of 307,021 stock units at $759,432.
Kintyre Holdings led trading with 2.28 million shares for 33.6 percent of total volume, followed by ONE on ONE Educational which ended with 1.02 million units for 15 percent of the day’s trade and RA Williams with 642,818 stocks for 9.5 percent of the volume traded.
At the close of trading, the Junior Market Index rallied 8.37 points to end at 3,432.87. The Investor’s Choice bid-offer indicator shows just one stock ended with a bid higher than the last selling price and two with lower offers.
The Junior Market ended trading with an average PE Ratio of 14.4, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close of a moderate trading session, AMG Packaging sank 34 cents to $2.50 with 115,555 shares crossing the market, Blue Power lost 9 cents and ended at $4.50 after an exchange of 10,563 stocks, Cargo Handlers rose 72 cents to end at $11.22 with a transfer of 582 units. Caribbean Assurance added 33 cents in closing at $2.73 with investors swapping 6,219 shares, Caribbean Flavours rose 6 cents to close at $1.23 in an exchange of 3,724 stock units, Dolphin Cove rallied $1.29 to finish at $12.43 with traders dealing in 68,366 shares. Elite Diagnostic slipped 15 cents to $1.35 in an exchange of 834 units, Fontana sank 28 cents in closing at $9.71 with investors trading 55,860 stocks, Future Energy increased 5 cents to close at $3.14 in switching ownership of 69,189 stock units. Indies Pharma climbed 18 cents to end at $3.68 with 55,951 shares crossing the market, ISP Finance advanced $1.32 to finish at $12.32 in trading 3,163 units, Jamaican Teas popped 8 cents and ended at $2.40, with 5,625 stocks changing hands. Knutsford Express dropped 32 cents to $12.17 with an exchange of 30,690 units, Lasco Financial rallied 6 cents to finish at $1.69 after closing with 23,473 shares changing hands, Limners and Bards increased 5 cents and ended at $1.16 with investors dealing in 17,180 stocks. Lumber Depot fell 7 cents in closing at $2.82 with 9,770 units clearing the market, Mailpac Group climbed 5 cents to close at $2.45 with investors trading 54,537 stock units, Spur Tree Spices rose 5 cents to end at $1.27 with an exchange of 109,090 shares and Stationery and Office Supplies gained 5 cents to close at $1.50 after investors ended trading 298,942 stock units.

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

Junior Market bounces


The Junior Market of the Jamaica Stock Exchange bounced on Thursday, following a 52 percent rise in the volume of stocks traded, with a 22 percent greater value than Wednesday, with trading in 46 securities on both days and ending with prices of 15 rising, 14 declining and 17 closing unchanged.

The market closed with trading of 6,378,257 shares for $9,740,845, up from 4,199,125 stock units at $7,967,838 on Wednesday.
Trading averaged 138,658 shares at $211,757, well over the 91,285 shares at $173,214 on the prior day with a month to date average of 170,179 units at $465,057, in line with 172,449 stock units at $483,292 on the previous day and lower than March with an average of 307,021 shares at $759,432.
ONE on ONE Educational led trading with 2.30 million shares for 36.1 percent of the total volume, followed by Derrimon Trading with 2.12 million units for 33.2 percent of the day’s trade and Stationery and Office Supplies with 545,315 shares for 8.5 percent of the volume traded.
At the close of trading, the Junior Market Index rose 18.58 points to 3,424.50. The Investor’s Choice bid-offer indicator shows six stocks ending with bids higher than their last selling prices and one with a lower offer.
The Junior Market ended trading with an average PE Ratio of 14.2, based on last traded prices and projected earnings computed by ICInsider.com for financial years ending around August 2025.
At the close of a rising market, Blue Power dipped 41 cents to end at $4.59 with traders dealing in 2,876 shares, CAC 2000 rose 11 cents to $2.40 with 4,405 units passing through the market, Cargo Handlers sank 60 cents to finish at $10.50 with a transfer of 3,010 shares. Caribbean Assurance Brokers lost 11 cents and ended at $2.40 with investors swapping 31,525 stocks, Consolidated Bakeries declined 15 cents to close at $1.65 with an exchange of 1,177 stock units, Dolla Financial sank 6 cents in closing at $2.49 in the trading of 167,343 shares. Dolphin Cove dipped $2.41 to a 52 weeks’ closing low of $11.14 after closing with an exchange of 9,064 units, GWest Corporation rallied 13 cents and ended at $1 with investors dealing in 10,060 stocks, Indies Pharma increased 18 cents to end at $3.50 with 42,473 stock units clearing the market. ISP Finance climbed $1 to end at $11 with investors trading 22 shares, Limners and Bards fell 5 cents to close at $1.11 after an exchange of 18,360 stocks, Mailpac Group dropped 5 cents to finish at $2.40 in trading 51,928 units. Main Event popped 7 cents to $10.97 after a transfer of 2,400 stock units, Regency Petroleum gained 7 cents in closing at $3.37 with 1,237 shares crossing the exchange, Spur Tree Spices advanced 5 cents to end at $1.22 in switching ownership of 340 stocks and Stationery and Office Supplies shed 5 cents and ended at $1.45 as investors exchanged 545,315 units.

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

Junior Market trading drops, prices rise



Trading plunged on the Junior Market of the Jamaica Stock Exchange on Tuesday, with the volume of stocks dropping 40 percent to 4,279,348 shares from 7,176,741 units on Thursday, resulting in a 52 percent drop in value to $6,619,935 compared with $13,887,774 following trading in 43 securities compared with 39. Trading ended with prices of 21 rising, 16 declining and six closing unchanged.

The market closed with an average of 99,520 shares at $153,952, down from 184,019 stocks at $356,097 on Thursday, with the month to date, ending with an average of 178,745 units at $507,345 compared with 184,939 stock units at $534,974 on the previous day and March with an average of 307,021 stock units at $759,432.
Derrimon Trading led trading with 917,851 shares for 21.4 percent of total volume, followed by ONE on ONE Educational, with 812,293 units for 19 percent of the day’s trade and Atlantic Hardware with 486,513 stocks for 11.4 percent of the volume traded.
At the close of trading, the Junior Market Index rallied 17.53 points to close at 3,429.76. The Investor’s Choice bid-offer indicator closed slightly positively, with six 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 14.1, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close of market activity, CAC 2000 climbed 21 cents to close at $2.50 after a transfer of just 92 shares, Cargo Handlers fell 10 cents to $11.10 with traders dealing in 699 stock units, Consolidated Bakeries sank 15 cents and ended at $1.65 with 126 shares clearing the market. Derrimon Trading popped 11 cents to finish at $1.90 with investors trading 917,851 units, Dolla Financial rallied 10 cents to end at $2.55 with 98,313 stocks crossing the exchange, Dolphin Cove increased 44 cents in closing at $14.19 with a transfer of 9,061 shares. Elite Diagnostic dipped 21 cents to $1.24 with 8,714 stocks crossing the market, Fontana rose 10 cents and ended at $9.78 in switching ownership of 49,071 units, Future Energy sank 6 cents to finish at $3.13 as investors exchanged 35,240 stock units. GWest Corporation gained 14 cents to close at $1 with 149 shares crossing the market, Honey Bun advanced 34 cents in closing at $8.14 after an exchange of 2,301 stocks, Image Plus declined 11 cents to end at 99 cents following trading of 126,094 units. Iron Rock Insurance rose 68 cents in closing at $3.68 after an exchange of 44 stock units, ISP Finance gained $1.39 to close at $11 after 20 shares were traded, Jetcon Corporation lost 22 cents to close at 93 cents after 11,421 stocks passed through the market. KLE Group skidded 16 cents to end at 92 cents with investors swapping 1,191 units, MFS Capital Partners shed 6 cents to finish at 34 cents in an exchange of 104,328 stock units, One Great Studio popped 9 cents and ended at 43 cents with investors dealing in 56,917 shares. ONE on ONE Educational increased 5 cents to 90 cents in an exchange of 812,293 units, RA Williams dropped 15 cents to close at 51 cents with investors trading 119,371 stocks, Regency Petroleum slipped 5 cents to end at $3.15 with an exchange of 19,765 stock units and Spur Tree Spices sank 7 cents in closing at $1.15 with 138,743 shares changing hands.

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

Innovative Energy creeps into ICTOP10


Innovative Energy shoots into the ICTOP10 stock listings of the Main and combined markets, following solid third quarter profits that lifted earnings for the full year to May to a profit of $99 million for the quarter, with projections by ICInsider.com of 23 cents per share based on an increase of 850 million shares for the year and more for 2026 if the trend continues.

At the end of the last week the Junior Marlet lost 57.58 points for a 1.7 percent decline during the past week, the Junior Marlet TOP10 stocks outperformed the market prices of 6 stocks rising and just two declining, in contrast, the JSE All Jamaica index fell 1.5 percent with prices of 6 stock declining and just one rising.
At the end of a shortened week, the Junior Marlet ICTOP10, Express Catering gained 9 percent to close at $3, following release of solid results for the 9 months to February, with profit for the year to date up 54 percent to US$3.2 million, with the third quarter jumping 67 percent to US$1.77 million. Caribbean Assurance rose 8 percent to $2.69, Limners and Bards rallied 5 percent to $1.15 and Kintyre Holdings popped 4 percent higher to close at 28 cents. Elite Diagnostic fell 6 percent to $1.45.

In the Main Market ICTOP10, Guardian Holdings fell 5 percent to close at $290, it was the only stock to move by this magnitude for the week.
The All JSE ICTOP10 saw Innovative Energy replacing Caribbean Producers, while Limners and Bards fell from the Junior Market ICTOP10. Innovative Energy is the sole addition to the Main Market ICTOP10 in the past week replacing Jamaica Broilers.
The average PE for the JSE Main Market ICTOP 10 is just 5.3, well below the market average of 13.1 and the Junior Market TOP10 stands at 7.1, just under half of the market average of 13.8.
Based on 2024 earnings estimates, the Main Market ICTOP10 is projected to gain an average of 295 percent by May, providing better values than the Junior Market, that is projected to achieve a 210 percent increase for the same period.
In the Main Market ICTOP 10, there are 19 stocks with the highest values accounting for 37 percent of the Main Market, with PEs between 15 and 43, with an average of 21 and a PE of 19 for the top half of the market with the highest values.
In the Junior Market IC TOP10, 17 stocks or 35 percent of the market have PEs ranging from 15 to 53, with an average of 22 and a PE of 20 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. In some cases 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 in selecting stocks for investments.
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.

New 1 year low for Junior Market


Trading activity on Thursday on the Junior Market of the Jamaica Stock Exchange resulted in an 8 percent increase in volume of stocks traded, with a 22 percent greater value than on Wednesday, following a drop to 39 securities being traded, down from 43 on Wednesday and ending with prices of just eight rising, 17 declining and 14 closing unchanged after three stocks hit 52 weeks’ lows during the trading session as the market index closed at a new yearly low.

The market closed with trading of 7,176,741 shares for $13,887,774, up from 6,649,966 stock units at $11,415,609 on Wednesday.
Trading averaged 184,019 shares at $356,097 compared with 154,650 stocks at $265,479 on Wednesday, with the month to date, averaging 184,939 units at $534,974 in line with 185,009 stocks at $548,626 on the previous day and March with an average of 307,021 stock units at $759,432.
One Great Studio led trading with 1.77 million shares for 24.6 percent of the total volume, followed by Lasco Financial with 1.05 million units for 14.6 percent of the day’s trade and Indies Pharma with 753,672 stocks for 10.5 percent of th volume traded.
At the close of trading, the Junior Market Index declined 36.99 points to 3,412.23, the lowest in more than a year. 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, a positive signal for opening on Tuesday.
The Junior Market ended trading with an average PE Ratio of 13.8, 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 last day before the long Easter break for trading, Dolla Financial slipped 5 cents to finish at $2.45 with an exchange of 57,765 shares, Dolphin Cove sank 83 cents to end at $13.75 with 17,874 units crossing the market, Express Catering traded 87,645 shares and closed unchanged at $3, after the stocks traded at a 52 weeks’ intraday low of $2.41 that triggered the circuit breaker, with trading in the stock suspended until 11.30. Honey Bun declined 20 cents and ended at $7.80 in trading 652,212 stocks. Iron Rock Insurance lost 70 cents in closing at $3 with 2,172 shares crossing the market, Jamaican Teas dipped 6 cents to close at $2.29 in switching ownership of 301,647 stock units, Jetcon Corporation rallied 22 cents to end at $1.15 trading just 103 shares. Knutsford Express sank 40 cents to $12.50 as investors exchanged 28 stock units, Mailpac Group rose 9 cents to finish at $2.39 after a transfer of 7,169 stocks, Medical Disposables skidded 31 cents and ended at $1.34 with traders dealing in 10,315 units. One Great Studio fell 6 cents in closing at a 52 weeks’ low of 34 cents in an exchange of 1,765,573 stocks, Spur Tree Spices shed 9 cents to close at a 52 weeks’ low of $1.22 with investors dealing in 400,685 shares and Tropical Battery climbed 10 cents to end at $2.10 with 107,559 stock units clearing the market.

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

Junior Market rose as trading jumped


Trading activity closed on the Junior Market of the Jamaica Stock Exchange Wednesday, with a 72 percent rise in the volume of stocks traded, valued at 25 percent more than on Tuesday, following trading in 43 securities up from 41 on Tuesday and ending with prices of 17 rising, 18 declining and eight closing unchanged.

The market closed with trading of 6,649,966 shares for $11,415,609, up from 3,857,400 stock units at $9,117,312 on Tuesday.
Trading averaged 154,650 shares at $265,479 compared with 94,083 stocks worth $222,373 on Tuesday, with the month to date, averaging 185,009 units at $548,626, in line with 187,798 shares at $574,642 on the previous day and March that ended with an average of 307,021 shares at $759,432.
EduFocal led trading with 1.75 million shares for 26.3 percent of the total volume, followed by Lumber Depot with 1.21 million stocks for 18.1 percent of the day’s trade and Indies Pharma with 1.10 million units for 16.5 percent of the day’s trade.
At the close of trading, the Junior Market Index rallied 25.62 points to close at 3,449.22. The Investor’s Choice bid-offer indicator shows eight stocks ending with bids higher than their last selling prices and none with a lower offer.
The Junior Market ended trading with an average PE Ratio of 13.9, 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 on wednesday, Caribbean Assurance Brokers fell 5 cents to end at $2.69 after transferring 1,755 shares, Caribbean Cream increased 30 cents in closing at $2.50 with investors trading 2,209 stock units, Consolidated Bakeries rose 15 cents to end at $1.80 with 1,000 shares changing hands. Dolphin Cove dipped 12 cents to close at $14.58 in an exchange of 31,014 stocks, Elite Diagnostic lost 10 cents and ended at $1.45 after trading of 8,559 units, Express Catering popped 5 cents to finish at $3 with a transfer of 35,364 stocks. Fontana shed 5 cents to close at $9.70 after an exchange of 28,530 units, GWest Corporation sank 8 cents to end at 86 cents with investors dealing in 490 shares, Honey Bun advanced 6 cents in closing at $8 after an exchange of 6,674 stock units. Image Plus rose 11 cents and ended at $1.12 with 230,308 shares clearing the market, Iron Rock Insurance rallied 30 cents to close at $3.70 as investors exchanged 12 stock units, ISP Finance declined $1.40 to finish at a 52 weeks’ low of $9.60 with 1,809 stocks crossing the market, Jamaican Teas fell 5 cents and ended at $2.35 with traders dealing in 4,500 units, Knutsford Express gained 90 cents to end at $12.90 with 808 shares crossing the market, Lumber Depot dropped 24 cents to end at $2.80 with an exchange of 1,205,500 units. MFS Capital Partners popped 5 cents in closing at 40 cents with 200 stocks changing hands, One Great Studio slipped 8 cents to finish at a 52 weeks’ low of 40 cents with 248,100 stock units crossing the exchange, RA Williams increased 7 cents to close at 67 cents in switching ownership of 7,500 shares. Regency Petroleum skidded 5 cents to $3.20 with investors trading 12,581 units, Stationery and Office Supplies climbed 8 cents in closing at $1.54 after 3,507 stocks passed through the market and Tropical Battery lost 12 cents to close at $2 in trading 162,200 stock units.

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

Junior Market slides to 1 year low


The Junior Market of the Jamaica Stock Exchange closed at a yearly low on Tuesday, following trading in 41 securities compared with 43 on Monday and finishing with prices of 12 rising, 19 declining and 10 closing unchanged, with the Market Index sinking 32.06 points to finish at 3,423.60, a fall of 8.3 percent for the year to date. Trading ended with the volume of stocks exchanged dropping 6 percent from Monday, with the value rising 6 percent.

Market activity led to Image Plus and ISP Finance trading at 52 weeks’ lows and One Great Studio trading at an intraday 52 weeks’ low of 39 cents.
The market closed with trading of 3,857,400 shares for $9,117,312, down from 4,098,615 stock units at $8,619,179 on Monday.
Trading averaged 94,083 shares at $222,373, which is in line with 95,317 stocks at $200,446 on Monday, with the month to date, averaging 187,798 units at $574,642 below the 196,796 stock units at $608,466 on the previous day and March with an average of 307,021 shares at $759,432.
Trading closed with Lumber Depot being the leading traded stock, with 1.04 million shares for 27 percent of total volume, followed by Stationery and Office Supplies, which ended with 654,289 stock units for 17 percent of the day’s trade and Kintyre Holdings, with 434,549 stocks for 11.3 percent of the volume traded.
At the close of trading, the Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and just one with a lower offer.
The Junior Market ended trading with an average PE Ratio of 13.9, 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, Access Financial increased 21 cents and ended at $16.96, with 134 shares crossing the market, AMG Packaging skidded 32 cents to $2.77 after trading 50 stocks, Caribbean Assurance Brokers popped 24 cents in closing at $2.74 with just 1,513 stocks crossing the market. Caribbean Cream lost 9 cents in finishing trading at $2.20 after an exchange of 23,896 shares, Derrimon Trading rose 7 cents to close at $1.77 with investors exchanging 30 stock units, Dolphin Cove rose 73 cents to end at $14.70 with traders exchanging 2,257 shares. Express Catering gained 7 cents in closing at $2.95 with a transfer of 21,842 stocks, following posting of solid nine months results that beat 2023 by 58 percent, Fontana climbed 35 cents to $9.75 after trading 18,037 stock units, Honey Bun shed 11 cents to end at $7.94 after an exchange of 8,279 stock units. Image Plus declined 11 cents to close at a 52 weeks’ low of $1.01 with investors trading 11,800 shares, Indies Pharma sank 8 cents and ended at $3.35 after traders exchange 158,436 stock units, Iron Rock Insurance slipped 30 cents to finish at $3.40 with 15 stocks passing through the market. ISP Finance sank $3.50 to a 52 weeks’ closing low of $11 with an exchange of 10,163 units, Jamaican Teas dipped 5 cents to finish at $2.40 with 49,760 stocks clearing the market, Jetcon Corporation fell 17 cents and ended at 93 cents after a transfer of 5,854 shares. Knutsford Express dropped $2 to close at $12 with traders dealing in 140,001 units, Lumber Depot advanced 6 cents in closing at $3.04 with shareholders exchanging 1,040,506 stock units, Mailpac Group sank 10 cents to end at $2.30 with investors dealing in 100,653 shares. Main Event popped $1.53 to $10.97 with 631 stocks crossing the exchange, Medical Disposables climbed 36 cents to finish at $1.69 with investors swapping 12 units, RA Williams declined 7 cents and ended at 60 cents with 102,000 stock units switching owners. Regency Petroleum shed 14 cents in closing at $3.25 after investors exchanged 4,159 shares and Tropical Battery rose 13 cents to end at $2.12 with investors trading 89,588 stock units.

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

Kintyre & Guardian head ICTOP10


Kintyre Holdings and Guardian Holdings are the two leading stocks in ICTOP10 this week that are poised to deliver the most gains in the Jamaica stock market, that is currently struggling to break out. Guardian just released full year results showing profit rising while Kintyre’s latest financial report shows the group in a profitable position that is pointing to a big bump in earings for 2025.

The Jamaica stock market struggled last week, even as interest rates on BOJ certificate of deposits have fallen since last year and seem poised to decline further, with Bank of Jamaica CD rates now under 6 percent currently. The total take from the money market dropped to $83 billion from $160 billion a year ago, and more than $100 billion a few eeks ago, The NIR is at a record high of US$5.79 billion and the price of oil on the world market has delined to just over US$60 per barrel and set to keep pressure on inflation. Profit results, of course, released by several companies are not inspiring enough to evoke increased buying interest across the market.
It is against the above that the IC TOP 10 performance can be viewed. During the past week, two stocks rose in the Junior Marlet TOP10 and seven declined. The Main Market TOP 10 list saw three stocks rising and five declining.
During the past week, in the Junior Marlet TOP10, Kintyre Holdings climbed 8 percent to close at 27 cents and Caribbean Flavours gained 5 percent to close at $1.25. Dolphin Cove lost 15 percent to end at $13.99, Caribbean Assurance fell 13 percent to $2.50, as investors await the long delaid 2024 full year results. AMG Packaging declined by 10 percent to $2.50, Dolla Financial lost 9 percent to close at $2.40, Limners and Bards dipped by 7 percent to $1.10 and Express Catering and Elite Diagnostic fell 4 percent to $2.76 and and $1.54 43 spectively.
In the Main Market ICTOP10, Proven Investments jumped 22 percent to 11 US cents, 138 Student Living climbed 17 percent to $3,80 and QWI Investments rallied to 8 1 cents for a four percent gain. Margaritaville fell 6 percent to $3 and Jamaica Broilers dipped 4 percent to $26.75 as losses incurred in the third quarter and inadequate explanation from management surrounding the loss weighed down on the stock.
There are no new listings for the All JSE ICTOP10, the Junior Market ICTOP10 and the Main Market ICTOP10 for the past week.
The average PE for the JSE Main Market ICTOP 10 is just 5.5, well below the market average of 13.3 and the Junior Market TOP10 stands at 7.1, just under half of the market average of 14.4.
Based on 2024 earnings estimates, the Main Market ICTOP10 is projected to gain an average of 281 percent by May 2025, providing better values than the Junior Market, that is projected to achieve a 212 percent increase for the same period.
In the Main Market ICTOP 10, there are 18 stocks with the highest values accounting for 35 percent of the Main Market, with PEs between 15 to 43, with an average of 21 and a PE of 19 for the top half of the market with the highest values.
In the Junior Market IC TOP10, 15 stocks or 31 percent of the market have PEs ranging from 15 to 53 with an average of 22 and a PE of 20 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. In some cases, 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 in selecting stocks for investments.
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.