The price of Kintyre Holdings dropped 15 percent during the week to close at a 52 weeks’ low of 28 cents and jumped to the top of the All JSE ICTOP10 with potential gains of 471 percent and pushing Guardian Holdings to the number 2 spot, projected to gains just over 400 percent, with markets declining during the past week with the Main Market falling less than one percent and the Junior Market falling 2.3 percent.
The Transjamaican’s public share issue which is 36 percent oversubscribed, diverted funds away from the secondary market, resulting in the ICTOP10 ending with the prices of just two stocks rising in the Junior Market listing while seven declined. In the Main Market listing three stocks rose and six declined.
In the Junior Market ICTOP10, Express Catering rebounded from a loss of the previous week with an 11 9 percent climb to $2.89 and Iron Rock Insurance just managed to eke out a 3 percent rise to $3.80. and dropped out of the Junior Market ICTOP10 allowing Dolphin Cove to return.
AMG Packaging lost 21 percent to close at $2.30, following an 18 percent drop in the previous week, Kintyre Holdings suffered a 15 percent decline to 28 cents, accompanying heavy selling in the stock. declined 10 percent to $2.60, Caribbean Assurance declined by 14 percent to close at $2.36, Caribbean Flavours fell 10 percent to $1,16, Limners & Bards slipped 7 percent to $1.12 and Dolla Financial lost 3 percent to close the week at $2.66.
In the Main Market ICTOP10, Margaritaville rose 5 percent to $15.50 and VM Investments gained 3 percent to $2.25. $15.
NCB Financial hit an eight and a half year low of $42 after falling 7 percent during the week after trading as low as $40.10, 38 percent below the $65 the new shares were sold at last year to the public, QWI Investments fell 6 percent to 77 cents and Jamaica Broilers dropped 5 percent to $35.24.
The All JSE ICTOP10, compiled from all listed ordinary stocks on the Jamaica Stock Exchange ended the week with Caribbean Producers returning to the All JSE ICTOP10, while Express Catering fell out.
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 2024 earnings estimates, the Main Market ICTOP10 is projected to gain an average of 2515 percent by May 2025, providing better values than the Junior Market, that is projected to achieve a 211 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 42, 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, 12 stocks or 26 percent of the market have PEs ranging from 15 to 29 with an average of 19 and a PE of 17 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.
At the close of the market, Access Financial popped 7 cents to finish at $16.39 with investors swapping 2,141 stock units, AMG Packaging gained 28 cents and ended at $2.58 with an exchange of 39,979 shares at the close of the trading session, CAC 2000 rose 21 cents to $2.15 with 85 units traded. Cargo Handlers rallied 50 cents in closing at $11.50 with investors dealing in 791 stock units, Caribbean Cream increased 15 cents to end at $2.65 in an exchange of 395 shares, Caribbean Flavours climbed 13 cents to close at $1.29 with 76 stocks changing hands. Consolidated Bakeries advanced 7 cents to $2.03 in an exchange of 12,168 units, Derrimon Trading rose 10 cents to close at $1.90 with 2,520,124 stock units clearing the market, Dolphin Cove gained $1.77 to end at $17.89 with an exchange of just 1,355 shares. Elite Diagnostic popped 9 cents in closing at $1.60 with 18,669 stocks crossing the market, Everything Fresh rallied 27 cents to finish at $1.90 in trading 23 units, Express Catering dipped 19 cents and ended at $2.70 after a transfer of 19,412 stock units. 
Fosrich increased 13 cents to $2.30 with traders dealing in 714,126 shares, Honey Bun climbed 9 cents to close at $7.99 as investors exchanged 21,806 stocks, Indies Pharma advanced 20 cents and ended at $3.94 with a transfer of 280,854 units. ISP Finance sank $3.48 to end at $16.52 after an exchange of 10 stock units, Jamaican Teas rose 9 cents in closing at $2.39 with investors trading 486,960 shares, Mailpac Group rallied 11 cents to finish at $2.49 with 73,613 stock units crossing the exchange. Main Event slipped $1.30 and ended at $10.70 with investors trading 6,050 stocks, Medical Disposables popped 20 cents to $1.55 after an exchange of 255 stock units, ONE on ONE Educational gained 6 cents to end at 93 cents with 3,240,756 shares passing through the market and Paramount Trading lost 9 cents in closing at $1 in the trading of 50,000 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The Junior Market ended with an average PE Ratio of 13.2, based on last traded prices in conjunction with the earnings projected by ICInsider.com for financial years ending around August 2025.
ISP Finance climbed 48 cents and ended at $20 with 2,089 shares clearing the market. Knutsford Express rose $1.50 to end at $13.50 in an exchange of 2,397 stocks, Limners and Bards advanced 6 cents in closing at $1.12 with 104,275 units crossing the market, Main Event rallied $1.29 to close at $12 as investors exchanged just 2 stock units. One Great Studio increased by 7 cents to close at 50 cents with 21,242 shares changing hands, Regency Petroleum rose 7 cents to finish at $3.15 in an exchange of 45,837 units and Tropical Battery dropped 8 cents and ended at $2.32 with traders dealing in 110,212 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with trading of 16,335,753 shares for $38,362,973 compared with 39,456,958 units at $223,895,604 on Wednesday.
At the close of trading, the Junior Market Index popped by a mere 0.18 points to settle at 3,462.43. 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.
ISP Finance rose $2.52 to $19.52 after hitting a 52 weeks’ intraday low of $16.01 with investors swapping 8,844 shares, Mailpac Group slipped 10 cents to finish at $2.37 with an exchange of 190,170 stock units, Main Event sank 29 cents and ended at $10.71 with 20,057 shares crossing the market. Omni Industries skidded 8 cents in closing at 92 cents with traders dealing in 22,992 stock units, Paramount Trading advanced 8 cents to close at $1.10 with 8,696 stock units crossing the market and Regency Petroleum dipped 7 cents to end at $3.08 with a transfer of 121,924 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading averaged 304,356 shares at $322,372, up marginally from 198,670 stock units at $320,033 on Monday with the month to date, averaging 225,650 units at $320,359 which is aligned with 217,742 stock units at $320,157 on the previous day but below February that averaged 246,071 shares at $454,487.
At the close of a negative trading session, Cargo Handlers dipped 50 cents and ended at $11 with investors dealing in a mere 3 stock units, Caribbean Cream increased 19 cents to $2.30 in an exchange of just 2,712 shares, Caribbean Flavours climbed 11 cents to finish at $1.29 with 1,020 stocks clearing the market. Derrimon Trading fell 8 cents to end at $1.80 with an exchange of 877,197 units, Dolla Financial declined 11 cents to close at $2.62 with 564,654 stocks crossing the market, Dolphin Cove shed $1.16 to close at $17.49 after the exchange of 8,541 units. Everything Fresh rose 48 cents to $1.98 with investors trading 5,000 shares, Fontana rallied 16 cents to end at $9 with 45,858 stock units switching owners, Indies Pharma popped 36 cents in closing at $3.76 with investors trading 33,038 shares. Iron Rock Insurance advanced 10 cents to finish at $3.80 after an exchange of just 3 stocks,
ISP Finance lost $5 and ended at a 52 weeks’ closing low of $17 after trading at a 52 weeks’ intraday low of $16, with an exchange of 9,896 units, Knutsford Express gained $1.32 to close at $13.62 with 4,462 stock units crossing the market. Main Event rose 20 cents to $11 with investors swapping a mere one share, Omni Industries rallied 9 cents to close at $1 with 139,070 stocks changing hands, Paramount Trading increased 10 cents in closing at $1.10 with 4,881 units passing through the market and RA Williams popped 10 cents to end at 73 cents with a transfer of 26,052 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with trading of 8,741,477 shares for $14,081,470 down from 22,390,313 stock units at $22,377,409 on Friday.
At the close of market activity, Access Financial advanced 8 cents in closing at $16.40 with a transfer of just 3 stock units, AMG Packaging fell 10 cents to close at $2.80 with 54 shares crossing the exchange and Caribbean Flavours skidded 11 cents to finish at $1.18 with investors trading 7 stocks. Dolphin Cove popped 15 cents and ended at $18.65 in an exchange of 9,891 units, Everything Fresh sank 50 cents to close at $1.50 with traders dealing in 1,209 shares, Express Catering increased 30 cents to end at $2.90 in an exchange of 28,270 units. Fontana declined 14 cents to $8.84 with investors dealing in 184,964 stocks, Honey Bun climbed 49 cents and ended at $7.90 after a transfer of 13,456 stock units, Indies Pharma rose 13 cents to finish at $3.40 with 11,514 shares crossing the market. ISP Finance sank $9 in closing at $22 after an exchange of 20,967 stock units, 
Knutsford Express shed $1.92 to close at $12.30 with 590 units passing through the market, Limners and Bards dropped 11 cents to end at $1.09 with an exchange of 416 stocks. Medical Disposables lost 18 cents in closing at $1.35 with 11,501 units clearing the market, Omni Industries dipped 9 cents to 91 cents with 200,289 stocks switching owners, RA Williams slipped 6 cents to close at 63 cents with investors trading 106,800 shares. Regency Petroleum sank 7 cents and ended at $3.03 with 34,777 stock units changing hands, Spur Tree Spices gained 7 cents to finish at $1.39 in trading 56,604 shares and Tropical Battery rallied 14 cents to end at $2.50 with 843 stock units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
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.
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 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.
The market closed with trading of 22,390,313 shares for $22,377,409 up from just 9,855,862 stock units at $9,421,929 on Thursday.
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.
Iron Rock Insurance rose 70 cents to $3.70 with an exchange of 525 units, ISP Finance climbed $1.01 to end at $31 with 55 stocks passing through the market. Jamaican Teas increased 15 cents to $2.30 in an exchange of 129,148 units, KLE Group dipped 22 cents to close at a 52 weeks’ low of $1 with investors swapping 45,267 shares, Limners and Bards rallied 9 cents to finish at $1.20 with 495,959 stock units changing hands. Mailpac Group popped 10 cents and ended at $2.45 in trading 2,337,682 shares, Main Event lost 20 cents to close at $10.80 after an exchange of 214 units, Paramount Trading dropped 11 cents in closing at $1 with a transfer of 200,000 stocks and Tropical Battery fell 16 cents to end at $2.36 as investors exchanged 16,686 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading closed with three stocks trading at 52 weeks’ lows, with Edufocal falling by 1 cent to 23 cents, Image Plus slipping by a cent to close at $1.18 and MFS Partners down 5 cents to 38 cents.
Investors traded 9,855,862 shares for $9,421,929 compared with 9,257,198 units at $12,706,033 on Wednesday.
Trading averaged 240,387 shares at $229,803 compared to 225,785 stocks at $309,903 on Wednesday with the month to date, averaging 182,535 units at $295,789 versus 174,602 stock units at $304,838 on the previous day and February with an average of 246,071 shares at $454,487.
Kintyre Holdings led trading with 2.74 million shares for 27.8 percent of total volume followed by MFS Capital Partners which ended with 2.29 million stocks for 23.2 percent of the day’s trade and Lasco Financial with 1.80 million units for 18.3 percent of the day’s volume.
At the close of trading, the Junior Market Index dipped 8.94 points to 3,518.95. The Investor’s Choice bid-offer indicator shows 11 stocks ending with bids higher than their last selling prices and three with lower offers.
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, Blue Power rose 7 cents to $5.37 with the trading of 15,000 stocks, Consolidated Bakeries fell 16 cents to $1.79 with 45 stocks crossing the market, Dolla Financial popped 8 cents in closing at $2.78 with investors dealing in 22,416 shares. Dolphin Cove rallied 33 cents to finish at $17.23 in an exchange of 250 stock units, Elite Diagnostic rose 12 cents to end at $1.63 after 2,857 shares passed through the market, Indies Pharma fell 6 cents to close at $3.31 in switching ownership of 18,000 stocks. Jamaican Teas declined 15 cents to $2.15 with 18,172 units clearing the market, 
Jetcon Corporation lost 7 cents to finish at $1.06 in trading 53,137 stock units, Knutsford Express gained 43 cents and ended at $14.23 with 745 shares crossing the market. Limners and Bards slipped 9 cents to close at $1.11 with traders dealing in 28,279 stocks, Mailpac Group sank 6 cents in closing at $2.35 in an exchange of 640,295 units, Main Event increased 20 cents to end at $11 with investors trading 13,945 stock units. Medical Disposables advanced 18 cents to $1.53 after a transfer of 8,102 shares and RA Williams skidded 7 cents to end at 67 cents with investors trading 46,430 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated. 
The market closed with trading of 9,257,198 shares for $12,706,033 down from 10,891,843 stock units at $18,155,914 on Tuesday.
At the close, Access Financial sank 64 cents to $16.32 after a transfer of 3,915 shares, Blue Power dipped 7 cents to close at $5.30 after 1,009 stocks were traded, Caribbean Assurance Brokers popped 39 cents and ended at $2.77 after an exchange of 2,994 shares, while Caribbean Cream gained 31 cents to finish at $2.48 with 789 stocks crossing the market, Derrimon Trading lost 10 cents to end at $1.85 in an exchange of 648,490 shares, Dolla Financial also declined by 10 cents in closing at $2.70 with investors trading 730,582 stock units. Dolphin Cove fell $2.50 to $16.90 with 26,100 stocks clearing the market, Express Catering dipped 25 cents in closing at $2.70 with traders dealing in 56,603 units, Future Energy sank 10 cents to close at $3.16 after an exchange of 548,118 stocks. Honey Bun likewise slipped 10 cents and ended at $7.80 with investors dealing in 10,973 units, Indies Pharma skidded 18 cents to finish at $3.37 in an exchange of 3,263 shares, 
ISP Finance climbed $3.02 to end at $30 as 865 stock units passed through the market. Jamaican Teas rose 19 cents to $2.30 as investors exchanged 2,784 shares, Kintyre Holdings shed 8 cents to close at 30 cents with a transfer of 1,739,918 stock units, Knutsford Express gained $1 in closing at $13.80 in trading 14 stock units. Regency Petroleum rallied 9 cents to end at $3.09 with 38,333 stocks changing hands, Spur Tree Spices lost 6 cents and ended at $1.30 in trading 57,260 units and Tropical Battery fell 9 cents to finish at $2.56 with 17,065 stocks crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.