One ICTOP10 stock jumped 38 percent in a week that the Jamaica Stock Exchange Main and Junior markets failed to build on the gains of the previous week, closing with a 2.3 percent fall in the Junior Market and more moderate slippages for the Main Market as the All Jamaica Composite Index fell 1,194 points or 0.32 and the Composite Index dipped 561 points for a 0.17 percent decline.
The week’s movement resulted in just one stock rising and seven falling in the Junior Market ICTOP10. In contrast to the Junior Market, only two stocks declined the Main Market TOP10 and six gained. The All JSE TOP10, compiled from all listed ordinary stocks on the JSE, has Guardian Holdings with the potential to rise 433 percent taking back the number one spot from Pulse Investments that held it last week and ended with the price jumping sharply, reducing its potential gains to 335 percent from 500 percent last week. Caribbean Cream replaced NCB Financial in the All JSE TOP10.
For a fifth week, Elite Diagnostics holds the number one spot in the Junior Market TOP10 followed by Caribbean Cream just edging out carton box maker, AMG Packaging.
In the Junior Market ICTOP10, no stock ended with meaningful gain. Access Financial and Elite Diagnostics fell 9 percent to close at $18.02 and $1.83 respectively, while Lumber Depot and Express Catering fell 4 percent to $2.46 and $3.16 respectively.
In Main Market ICTOP10 activity, Pulse Investments recovering from a sharp fall in the previous week, jumped a solid 38 percent to $1.38, Key Insurance gained 8 percent after ending at $2.15, 138 Student Living gained 6 percent to close at $4.27 followed by Margaritaville and Scotia Group up 4 percent to $12.50 and $53.89 respectively. Berger Paints fell 10 percent to $7.01.
Caribbean Flavours returns to the Junior Market ICTOP10, with a potential to gain over 100 percent, replacing Image Plus.
The average PE for the JSE Main Market ICTOP 10 stands at just 4.8, well below the market average of 14.5 and the Junior Market TOP10 sits at 8, more than half of the market, with an average of 12.9.
The Main Market ICTOP10 is projected to gain an average of 325 percent by May 2025, based on 2024 forecasted earnings and provide better values than the Junior Market with the potential to achieve a 170 percent gain over the same period.
In the Main Market ICTOP 10, a total of 17 of the most highly valued stocks representing 33 percent of the Main Market have PEs between 15 to 108, with an average of 28 and 21 excluding the highest PE ratios and a PE of 24 for the top half of the market with the highest values and 18 excluding the stocks with overweight values.
In the Junior Market IC TOP10 are 13 stocks, 21 percent of the market, with PEs ranging from 15 to 31 with an average of 21 and a PE of 18 for half of the market with the highest PEs.
ICTOP10 focuses on likely yearly winners, accordingly, the list includes some of the best companies in the market, but this is not always so. 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.
The market closed with trading of 2,338,924 shares for $4,304,371 down from 4,463,393 stock units at $9,427,510 on Thursday.
At the close, Access Financial increased 42 cents to $18.02 with investors trading just 152 shares, CAC 2000 popped 16 cents in closing at $2.36 following an exchange of 1,225 stocks, Cargo Handlers slipped 38 cents to close at $10.51 with a transfer of 450 shares. Caribbean Flavours fell 16 cents to end at $1.20 with 64,787 stock units crossing the exchange, as Derrimon Trading gained 7 cents and ended at $1.90 in trading 95,920 shares, Dolphin Cove rose 30 cents to finish at $18.30 after 30,562 stock units passed through the market. Elite Diagnostic sank 16 cents to $1.83 after a transfer of 10,000 units, Everything Fresh shed 10 cents to end at $2.10 with 22,356 stocks crossing the market, Express Catering lost 14 cents in closing at $3.16 with an exchange of 2,835 units. Fosrich climbed 10 cents to close at $2.16 with 256,386 stocks crossing the market, GWest Corporation skidded 7 cents and ended at 90 cents as investors exchanged 1,034 shares, Indies Pharma sank 19 cents to finish at $3.20 after closing with 57,854 stock units changing hands. ISP Finance climbed $3.52 to $23.49 with an exchange of 5 shares, 
Jamaican Teas rallied 7 cents and ended at $2.19 with investors dealing in 3,506 units, Kintyre Holdings rose 9 cents in closing at 48 cents in switching ownership of 511,162 stock units. Knutsford Express advanced $2.10 to close at $12.57 with investors swapping 5,365 stock units, Limners and Bards popped 16 cents to finish at $1.44 in an exchange of 20,140 shares, Main Event dipped 10 cents to end at $10.80 with 635 stock units clearing the market. Medical Disposables increased 18 cents to $1.88 in trading 62,929 stocks, Regency Petroleum climbed 14 cents to close at $3.14 after an exchange of 548 units and Spur Tree Spices gained 13 cents and ended at $2.04 with investors trading 104,282 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with trading of 4,463,393 shares for $9,427,510 up from 3,788,831 units at $6,452,401 on Wednesday. Trading ended with an average of 92,987 shares for $196,406 compared to 78,93 stocks at $134,425 on Wednesday with the month to date, averaging 327,352 units at $931,016 compared with 346,290 stock units at $990,378 on the previous day and an average of 309,920 shares at $766,307 in November.
The Junior Market ended trading with an average PE Ratio of 12.8, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around August 2025.
ISP Finance dipped $3.53 to finish at $19.97 in an exchange of a mere 105 shares. Jamaican Teas lost 7 cents and ended at $2.12 with traders dealing in 120,523 stocks, KLE Group climbed 11 cents to end at $1.25 in an exchange of 11 units, Knutsford Express skidded $2.18 to close at $10.47 after 472 stock units crossed the market. Lumber Depot rose 9 cents to $2.49 with investors swapping 557,629 shares, MFS Capital Partners sank 8 cents in closing at 57 cents with 2,150 stocks clearing the market, Regency Petroleum skidded 14 cents to close at $3 in trading 82,172 units and tTech sank 28 cents to end at $1.72 and closed after 64,368 stock units changed hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with trading of 3,788,831 shares valued at $6,452,401 down on 6,532,143 stock units at $15,215,637 on Tuesday. Trading ended with an average of 78,934 shares at $134,425 compared to 136,086 stocks at $316,992 on Tuesday Trading for the month to date, averaged 346,290 stock units at $990,378 down from 369,794 stock units at $1,065,627 on the previous day compared with an average of 309,920 shares at $766,307 in November.
At the close of the market, CAC 2000 gained 26 cents to finish at $2.36 after a transfer of 151 stocks, Caribbean Assurance rallied by 27 cents to $2.97 with investors trading 4,074 shares, Caribbean Cream dropped 47 cents to close at a 52 weeks’ low of $2.68 in an exchange of 21,439 stock units. Caribbean Flavours popped 18 cents to $1.38 with 971 stocks changing hands, Dolla Financial fell 7 cents to $3 after an exchange of 394,996 units, Everything Fresh gained 9 cents to close at $2.21 with 51 stocks clearing the market. Express Catering skidded 14 cents to $3.16 with traders dealing in 14,735 shares, Fontana popped 17 cents in closing at $8.18 with 125,860 stock units crossing the exchange, Image Plus lost 7 cents to close at $1.52 with investors dealing in 9,999 shares. Jamaican Teas advanced 9 cents to end at $2.19 in an exchange of 29,651 units, KLE Group rallied 10 cents and ended at $1.14 after 101 stocks passed through the market, 
Knutsford Express rose $1.15 to finish at $12.65 after an exchange of 6,185 stocks. Lumber Depot dropped 10 cents to $2.40 with 55,048 shares crossing the market, MFS Capital Partners gained 10 cents in closing at 65 cents with investors trading 531,006 units, Paramount Trading popped 27 cents and ended at $1.19 and closed after 100 stocks were traded. Regency Petroleum advanced 13 cents to finish at $3.14 in trading 137,262 stock units, Stationery & Office Supplies climbed 8 cents to close at $1.59 with 81,895 shares crossing the market and Tropical Battery shed 7 cents to end at $2.52 with investors trading 86,460 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with 6,532,143 shares being exchanged valued at $15,215,637 from 10,101,374 units at $10,045,327 on Monday. Trading ended with an average of 136,086 shares at $316,992 compared with 210,445 stock units at $209,278 on Monday. The month to date ends with an average of 369,794 units at $1,065,627 from 392,320 stock units at $1,137,785 on the previous day and compared with an average of 309,920 shares at $766,307 in November.
The Junior Market ended trading with an average PE Ratio of 12.8, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
Jamaican Teas fell 8 cents to finish at $2.10 with 19,848 units crossing the exchange, KLE Group skidded 18 cents to close at $1.04 after investors ended trading 100 stocks. Knutsford Express advanced $1.05 to $11.50 with 956 shares changing hands, Lumber Depot sank 17 cents to end at $2.50 with investors trading 4,105,346 stock units, Mailpac Group popped 18 cents in closing at $2.78 in an exchange of 161,247 units. Medical Disposables slipped 28 cents and ended at $1.69 with 1,635 stocks crossing the market, Spur Tree Spices lost 9 cents to finish at $1.89 in trading 29,264 shares, Stationery and Office Supplies dropped 11 cents to close at $1.51 in switching ownership of 3,108 stock units. Tropical Battery gained 9 cents to close at $2.59 as investors exchanged 54,473 stocks and tTech shed 10 cents in closing at $2 with a transfer of 41,677 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise state
The market closed with trading of 10,101,374 shares for $10,045,327 compared to 5,057,362 stock units at $11,180,391 on Friday. Trading ended with an average of 210,445 shares at $209,278 compared with 117,613 stock units at $260,009 on Friday with trading for the month to date, averaging 392,320 stock units at $1,137,785 compared to 411,720 stock units at $1,236,825 on the prior trading day and November with an average of 309,920 shares at $766,307.
At the close of trading, Access Financial lost $2.20 to close at $17.60 with 858 shares passing through the market, Blue Power dropped 50 cents to $4.20 with investors trading a mere 38 stocks, CAC 2000 shed 40 cents to end at $1.96 in an exchange of just 233 shares. Caribbean Assurance Brokers declined 26 cents in closing at $2.70 with investors trading just 376 stock units, Caribbean Flavours sank 24 cents to finish at $1.18 after a transfer of 9,500 shares, Consolidated Bakeries increased 19 cents to $2.09 with traders dealing in 30 units. Dolphin Cove slipped 10 cents to $18.40 in switching ownership of 5,540 stocks, Elite Diagnostic fell 18 cents and ended at $1.83 with 3,315 stock units clearing the market, Everything Fresh skidded 11 cents to end at $2.12 after an exchange of 11,105 shares. Future Energy popped 15 cents in closing at $3.86 with 50,995 changing hands, GWest Corporation sank 8 cents to close at 90 cents in an exchange of 9,449 stocks, Honey Bun dipped 10 cents to finish at $8.40 after 13,483 stock units passed through the market. 
Jetcon Corporation fell 11 cents to $1.10 as investors exchanged 170,053 shares, KLE Group gained 21 cents to land at $1.22 with a transfer of a mere 96 stocks, Knutsford Express dived $2.45 to close at $10.45 with 665 stock units crossing the exchange. Lumber Depot rose 11 cents to end at $2.67 with investors trading 318,489 stock units, Mailpac Group sank 15 cents in closing at $2.60 after an exchange of 163,547 shares, Main Event advanced 10 cents to finish at $10.90 in trading just 7 units. Medical Disposables dropped 8 cents and ended at $1.97 and closed with an exchange of 2,048 stocks, Paramount Trading sank 31 cents to a 52 weeks’ low of 91 cents with investors swapping 689 stock units, Regency Petroleum lost 7 cents in closing at $3.01 with an exchange of 45,325 shares. Stationery and Office Supplies rallied 15 cents to end at $1.62 crossing the market 4,503 units and tTech climbed 10 cents to finish at $2.10 with investors dealing in 25 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The week’s movement resulted in four stocks gaining and four falling in the Junior Market ICTOP10. Two stocks rose and five declined in the Main Market TOP10. In the All JSE TOP10, compiled from all listed ordinary stocks on the JSE, Pulse Investments, with the potential to gain 500 percent, took over the number one position in all markets from Guardian Holdings with potential gains of 433 percent.
The stock entered the All JSE TOP10 based on projected 2025 earnings and the Main Market list, with Margaritaville entering following the fallout of General Accident and AMG Packaging. Coming into the Junior Market ICTOP10 are Image Plus and Knutsford Express and falling out are Jamaican Teas and Caribbean Flavours.
In the Junior Market IC TOP10 are 13 stocks, 21 percent of the market, with PEs ranging from 15 to 31 with an average of 21 and a PE of 18 for half of the market with the highest PEs.
The market closed with trading of 5,057,362 shares at $11,180,391 compared with 4,942,890 units at $5,833,637 on Thursday. Trading averaged 117,613 shares valued $260,009 compared with 126,741 stocks at $149,580 on Thursday with the month to date, averaging 411,720 stocks for $1,236,825 compared to 442,793 stock units at $1,340,027 on the previous day and November ending with an average of 309,920 shares at $766,307.
At the close of the market, AMG Packaging rose 8 cents to end at $2.84 with investors dealing in just 2 units, Blue Power sank 35 cents to $4.70 with 2,195 units crossing the market, Caribbean Assurance Brokers rallied 44 cents to $2.96 with traders dealing in just 141 shares. Dolphin Cove popped $1 to $18.50 and ended up closing with 90,173 stock units changing hands, Everything Fresh climbed 13 cents to finish at $2.23 with investors trading 3,182 shares, Express Catering increased 10 cents to close at $3.30 in an exchange of 153 units. Future Energy slipped 14 cents to $3.71 after the trading of 168,274 stocks, Honey Bun advanced 99 cents to finish at $8.50 after a transfer of 5,021 stock units, Indies Pharma gained 11 cents and ended at $3.44 with 177,340 shares passing through the market. Jamaican Teas rose 9 cents to end at $2.19 with 3,841 units crossing the exchange, Knutsford Express advanced by 15 cents to end at $12.90 with 16,005 stocks changing hands, Lasco Financial popped 14 cents to close at $1.64 in an exchange of 769 stock units. 
Lumber Depot fell 18 cents to $2.56 with 81,776 shares clearing the market, Mailpac Group climbed 15 cents and ended at $2.75 after an exchange of 47,072 units, ONE on ONE Educational shed 7 cents to close at 93 cents with investors trading 62,969 stocks. Regency Petroleum increased 7 cents to finish at $3.08 after an exchange of a mere 3 stock units, Spur Tree Spices gained 12 cents to close at $2 with investors swapping 109,972 shares, Stationery and Office Supplies lost 11 cents to end at $1.47 with 333,087 units switching owners and tTech dipped 10 cents to $2 as investors exchanged 41,385 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with the trading of 4,110,413 shares for $5,665,514 down from 5,232,080 stock units at $6,551,817 on Tuesday. Trading ended with an average of 97,867 shares with a value of $134,893, marginally down from 109,002 stocks at $136,496 on Tuesday with a month to date average of 476,287 stock units at $1,466,189 compared to 525,041 stocks at $1,637,705 on the previous day and November with an average of 309,920 shares at $766,307.
The Junior Market ended trading with an average PE Ratio of 12.9, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
Fosrich gained 7 cents to close at $2.15 with 8,908 stocks passing through the market, Future Energy advanced 14 cents to finish at $3.84 as investors exchanged 123,159 units, Honey Bun lost $1.29 and ended at $7.31 with 24,260 stock units crossing the market. ISP Finance rose $2.01 to $22 with investors swapping 8 shares, KLE Group skidded 28 cents to finish at $1.01 with 20,512 units crossing the exchange, Knutsford Express sank 8 cents and ended at $12.90 with 355 stocks switching owners. Lasco Financial declined 15 cents to close at $1.49 with 9,791 stock units changing hands, Mailpac Group rallied 8 cents to $2.68 with a transfer of 356,808 shares, Regency Petroleum increased 15 cents to end at $3.11 in trading of 118,864 stocks and Stationery and Office Supplies popped 12 cents to $1.58 with an exchange of a mere 29 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with trading of 5,232,080 shares for $6,551,817 compared with 3,978,976 units at $11,386,078 on Monday.
The Junior Market ended trading with an average PE Ratio of 12.9, based on the last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
GWest Corporation advanced 7 cents to end at 98 cents after an exchange of a mere 33 shares. ISP Finance slipped $3.93 to close at $19.99 with investors dealing in just 10 units, KLE Group rose 12 cents to finish at $1.29 in an exchange of a mere 12 stocks, Mailpac Group slipped 8 cents and ended at $2.60 with 28,715 stock units crossing the market. Regency Petroleum skidded 15 cents to $2.96 with 46,616 shares switching owners, Spur Tree Spices climbed 11 cents to close at $1.94 with 103,476 stocks clearing the market and Stationery and Office Supplies lost 8 cents to close at $1.46 and ended with an exchange of 16,293 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.