Main Market falls, Transjamaican big trade


Trading picked up on the Jamaica Stock Exchange Main Market index on Tuesday, with the market closing lower after 58 securities changed hands compared with 60 on Monday, with 16 stocks rising, 26 declining and 16 ending unchanged, with Transjamaican Highway accounting for 45 percent of the volume of stocks traded, driving the market volume up by 98 percent and the value 181 percent above that on Monday.

The market closed with 29,367,477 shares trading for $182,552,839 rising steeply from 14,854,030 stock units at $65,132,064 on Monday.
Trading averaged 506,336 shares at $3,150,366 compared to 247,567 stocks worth $1,085,534 on Monday and month to date, an average of 257,771 stock units at $2,052,604 compared with 238,548 shares at $1,967,710 on the previous day and April with an average of 1,417,136 stock units at $6,010,754.
Transjamaican Highway led trading with 13.28 million shares for 45.2 percent of total volume, followed by Wigton Energy which ended with 6.43 million stocks for 21.9 percent of the day’s trade, JMMB Group 10% preferred shares closed with 4.97 million stock units for 16.9 percent of the volume traded and NCB Financial with 2.08 million shares for 7.1 percent of market share.
The All Jamaican Composite Index plunged 4,800.03 points to 366,344.01, the JSE Main Index sank 1,305.56 points to conclude trading at 320,169.29 and the JSE Financial Index shed just 0.20 points to wrap up trading at 66.83. At the close, the Investor’s Choice bid-offer indicator shows 13 stocks ending with bids higher than their last selling prices and four with lower offers.
The Main Market ended trading with an average PE Ratio of 12.6. The JSE Main and the USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
At the close of the market, Caribbean Cement dipped 51 cents and ended at $81 after an exchange of 11,679 shares, Caribbean Producers increased 35 cents to $8.35 with investors trading 9,452 stock units, Eppley Caribbean Property Fund sank $4.39 to $37.11 with investors trading 2,455 shares. First Rock Real Estate climbed 60 cents to $9.62 as investors exchanged 1,405 stocks, GraceKennedy shed 50 cents to close at $71.50 after a transfer of 52,562 units, Guardian Holdings popped $56 to finish at $364 after investors ended trading 101 shares. Jamaica Broilers rallied $1.19 to $27.40 after an exchange of 1,446 units, Jamaica Stock Exchange fell 35 cents in closing at $12.45 with investors swapping 1,823 stocks, Mayberry Group dropped $1.37 to $6.02 with 1,009 stock units clearing the market. NCB Financial lost 49 cents and ended at $43.50 with traders dealing in 2,076,920 shares, 138 Student Living rose 45 cents to close at $3.67 with 50,622 stocks crossing the market, Pan Jamaica advanced 50 cents to end at $53.45 in trading 89,380 units. Sagicor Group dropped 97 cents to $42.52 with investors passing 27,465 stock units through the market, Scotia Group shed $4.14 in closing at $53.01 with traders swapping 89,375 shares, Stanley Motta declined 73 cents to finish at $6 with investors dealing in 31 units. Supreme Ventures sank 84 cents and ended at $19.15 with 8,247 stocks crossing the market, Sygnus Credit Investments skidded 55 cents to close at $12 in an exchange of 19,251 stock units and Wisynco Group fell 78 cents to end at $20.22 with investors trading 15,475 shares.
In the preference segment, Eppley 7.25% preference share declined $2.40 to $17.60 after an exchange of 53 stocks, Jamaica Public Service 7% gained $3.50 to close at $38.50 after closing with 15 units changing hands and 138 Student Living preference share rose $35 to $241 with traders exchanging 7 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE USD market slips on Tuesday


The Jamaica Stock Exchange US dollar market slipped marginally on Tuesday following trading volume jumping 117 percent with a 2,314 percent more value than on Monday, resulting from an exchange of seven securities, compared with eight on Monday, with prices of two rising, two declining and three ending unchanged.

The market closed with an exchange of 206,661 shares for US$67,749, up sharply from 95,221 stocks valued at just US$2,806 on Monday.
Trading averaged 29,523 shares at US$9,678, rising from 11,903 stocks at US$351 on Monday, with a month to date average of 41,089 units at US$2,077, in line with 41,812 shares at US$1,602 on the previous day and well below April that ended with an average of 261,717 units for US$10,686.
The US Denominated Equities Index sank 1.53 points to finish at 247.00. The Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and one with a lower offer.
The PE Ratio, one of the most frequently used measures to determine appropriate stock values, averages 11.6. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025.
At the close of the market, Productive Business Solutions skidded 5 cents to end at US$1.35 with 16 shares passing through the market, Proven Investments advanced 0.05 of one cent to 10.95 US cents with investors trading 4,708 stock units, Sygnus Credit Investments lost 0.5 of one cent to close at 6.7 US cents with an exchange of 47,493 shares. Sygnus Real Estate Finance USD share remained at 8 US cents with investors dealing in 1,361 units and Transjamaican Highway ended at 2.5 US cents after trading of 123,419 stocks.
In the preference segment, JMMB Group 7.5% preferred share popped 1 cent to US$1.98 with investors trading 29,400 shares and Productive Business Solutions 9.25% remained at US$10.11 with 264 stocks crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Big price changes on Junior Market


Several Junior Market stocks had sharp price movements at the close on Tuesday, with Access Financial leading with a fall of 17 percent, followed by Caribbean Assurance Brokers with a loss of 14 percent, KLE Group and Knutsford Express were both down 13 percent, ISP Finance, JFP and Kintyre Holdings fell 12 percent. RA Williams jumped 24 percent, MFS Capital Partners climbed 19 percent, Iron Rock Insurance added 14 percent to Monday’s close and Lasco Financial put on an 11 percent rally as the Junior Market Index skidded 25.02 points to settle at 3,376.94.

Trading ended with activities in 39 securities, down from 46 on Monday and ending with prices of 14 rising, 18 declining and seven closing unchanged. Spur Tree Spices closed at a 52 week Low of $1.08 while Edufocal traded at an intraday 52 week low of 21 cents.
The market closed with trading jumping 38 percent to 8,088,481 shares for $10,634,310 up from 5,847,124 units at $10,317,978 on Monday.
Trading averaged 207,397 shares at $272,675, rising from 127,111 stocks at $224,304 on Monday, with the month to date, averaging 191,652 units at $282,425, consistent with 190,570 stock units at $283,096 on the previous day, compared to April with an average of 199,273 shares at $488,496.
Kintyre Holdings led trading with 3.10 million shares for 38.3 percent of total volume, followed by Regency Petroleum, with 1.17 million units for 14.4 percent of the day’s trade and EduFocal with 856,485 stocks for 10.6 percent of the volume traded.
At the close of trading, the Investor’s Choice bid-offer indicator shows 11 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 13.3, 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 lost $2.85 in closing at $14.32 with traders dealing in 1,522 shares, with Caribbean Assurance Brokers dropping 34 cents to $2.06 with 39,000 stock units crossing the market, Caribbean Cream shed 17 cents to end at $2.16 with dealings in 9,800 shares. Dolla Financial gained 9 cents and ended at $2.47 with investors exchanging 248,241 stocks, Dolphin Cove slipped 10 cents to finish at $12 and closed with 124,556 units changing hands, Everything Fresh rose 16 cents to close at $2.38 as investors switched ownership of 2,469 stocks. Fontana skidded 48 cents to $8.57 after a transfer of 105,042 units, Honey Bun sank 25 cents to close at $8.15 with investors trading 8,207 shares, Indies Pharma rallied 15 cents to finish at $3.85 with traders exchanging 18,030 stock units. Iron Rock Insurance increased 47 cents and ended at $3.80 with 87 shares clearing the market, ISP Finance dipped $1.34 to end at $10.16 as traders exchanged 326 units, Jetcon Corporation fell 8 cents in closing at $1.02 with 21,520 stocks changing hands. JFP Ltd slipped 7 cents to 50 cents as investors exchanged 24,059 stock units, KLE Group declined 14 cents to end at 92 cents in trading 6,403 shares, Knutsford Express sank $1.84 in closing at $12.56 with 1,029 stocks passing through the market. Lasco Financial climbed 18 cents to finish at $1.80 with a transfer of 4,600 units, Lumber Depot popped 12 cents and ended at $2.93 after traders exchanged 3,001 stock units, Mailpac Group advanced 11 cents to close at $2.49 with investors trading 14,735 shares. MFS Capital Partners rose 8 cents to 50 cents with 693,893 stock units crossing the exchange, RA Williams rallied 11 cents to finish at 57 cents after the trading of 210 stocks, Regency Petroleum increased 10 cents and ended at $3.60 after investors exchanged 1,165,598 units and Stationery and Office Supplies climbed 7 cents to close at $1.49 with investors swapping just one share.

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

Trading jumps, JSE markets fall


All three Jamaica Stock Exchange markets closed lower on Tuesday following a sharp rise in the volume and value of stocks exchanged by investors than Monday. Trading ended with prices of 32 shares rising, 46 declining and 26 remaining firm, resulting in all the major indices falling.

At the close of the market, the JSE Combined Market Index shed 1,428.90 points to end at 330,327.62, the All Jamaican Composite Index fell 4,800.03 points to 366,344.01, the JSE Main Index sank 1,305.56 points to 320,169.29, the Junior Market Index declined by  25.02 points to 3,376.94 and the JSE USD Market Index dipped 1.52 points to end at 246.98.
At the close of trading, 37,662,619 shares were exchanged in all three markets, up from 20,796,375 units on Monday. The value of stocks traded on the Junior and Main markets amounted to $193.36 million, up from $75.45 million on the previous day and the JSE USD market closed with an exchange of 206,661 shares for US$67,749 compared to 95,221 units at US$2,806 on Monday.
In Main Market activity, Transjamaican Highway led with 13.28 million shares, followed by Wigton Energy with 6.43 million stocks and JMMB Group 10% preferred shares with 4.97 million units.
In Junior Market trading, Kintyre Holdings led with 3.10 million shares, followed by Regency Petroleum with 1.17 million stock units and EduFocal with 856,485 units.
In the preference segment, Eppley 7.25% preference share lost $2.40 and ended at $18, Jamaica Public Service 7% advanced $3.50 to $39 and 138 Student Living preference share popped $35 to end at $241.
The market’s PE ratio, the most popular measure used in valuing stocks, ended at 12.4 based on 2024-5 earnings and 19.7 based on 2024 earnings. The ICInsider.com PE ratio chart and the other more detailed charts that are published daily provide investors with regularly updated information to help in the decision-making process.
The PE ratio chart covers all of the ordinary shares that are listed on the Jamaica Stock Exchange and grouped by industry, allowing for easy comparisons within a sector and the overall market. The earnings per share (EPS) and PE ratios are based on 2024 and 2025 actual or projected earnings, excluding any major one time income or expense.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The chart should be used in making rational decisions when investing in stocks close to the sector average, not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals, while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock. The net asset value of each company is incorporated into the chart. Investors can use this measure in assessing stock values. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends that are paid or are due to be paid and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.

Trading on JSE USD Market plunges


The Jamaica Stock Exchange US dollar market suffered a sharp decline in trading on Monday, with the volume of stocks traded dropping sharply by 88 percent, with a 89 percent lower value than on Friday. Market activity resulted in the exchange of eight securities, compared with six on Friday, with prices of one rising, four declining and three ending unchanged.

The market closed with an exchange of 95,221 shares for US$2,806, steeply falling from 818,516 stocks at US$25,705 on Friday.
Trading ended with an average of 11,903 shares at US$351, far below the 136,419 stocks at US$4,284 on Friday, with a month to date average of 41,812 stock units at US$1,602, close to the 44,113 stocks at US$1,698 on the previous day, but well below April, with an average of 261,717 units for US$10,686.
The US Denominated Equities Index rose 2.15 points to settle at 248.53. The Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and one with a lower offer.
The PE Ratio, one of the most frequently used measures to determine appropriate stock values, averages 11.8. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025.
At the close of trading, First Rock Real Estate USD share remained at 1.98 US cents with investors swapping 1,004 shares, Margaritaville ended at 8.2 US cents with 43 stocks crossing the market, Proven Investments lost 0.05 of one cent to finish at 10.9 US cents with a transfer of 3,609 shares. Sterling Investments declined by 0.23 of a cent and ended at 1.98 US cents after closing with an exchange of 1,086 units, Sygnus Credit Investments fell 0.22 of a cent in closing at 7.2 US cents with 300 stock units trading, Sygnus Real Estate Finance USD share ended at 8 US cents after a transfer of 395 shares and Transjamaican Highway popped 0.01 of a cent to 2.5 US cents as traders switched ownership of 88,775 stocks.

In the preference segment, Sygnus Credit Investments US 8% sank 89.9 cents in closing at US$8.821 with investors trading 9 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Winners clobbered on JSE Main Market


Following a day of sluggish trading, the Jamaica Stock Exchange Main Market fell on Monday, with activities in 60 securities, up from 56 on Friday, with prices of 16 advancing, 24 declining and 20 ending unchanged. The volume of stocks traded declined marginally, with a 69 percent lower value than on Friday.

The market closed with 14,854,030 shares trading worth $65,132,064, down from 15,326,884 stock units at $209,095,375 on Friday.
Trading averaged 247,567 shares for $1,085,534, down from 273,694 stocks at $3,733,846 on Friday and for the month to date, an average of 238,548 units at $1,967,710 compared with 237,764 shares at $2,044,421 on the previous day and April with an average of 1,417,136 stocks at $6,010,754.
Transjamaican Highway led trading with 9.20 million shares for 61.9 percent of the total volume followed by General Accident, with 2.62 million stocks for 17.6 percent of the day’s trade and Radio Jamaica with 1.12 million units for 7.6 percent of the volume traded.
The All Jamaican Composite Index advanced 1,207.72 points to 371,144.04, the JSE Main Index shed 2,181.00 points to conclude trading at 321,474.85, after Guardian Holdings skidded $82 and the JSE Financial Index slipped 1.35 points to settle at 67.03. At the close, the Investor’s Choice bid-offer indicator shows 15 stocks ending with bids higher than their last selling prices and three with lower offers.
The Main Market ended trading with an average PE Ratio of 12.7. The JSE Main and the USD Market PE ratios are based on last traded prices and earnings forecasted by ICInsider.com for companies with the financial year ending around August 2025.
At the close of trading, Caribbean Cement sank 49 cents and ended at $81.51 as 1,480 shares were passed through the market, Eppley climbed 45 cents to $33.20 with investors trading 66 units, Eppley Caribbean Property Fund popped $4.40 to close at $41.50 with 789 shares crossing the exchange. Guardian Holdings skidded $82 to finish at $308 as traders switched ownership of 5,019 stock units, at an average price of $316.35, Jamaica Broilers lost $1.29 in closing at $26.21 after an exchange of 30,305 stocks, Jamaica Producers gained $1.35 to end at $23.41 with 19,037 shares clearing the market. Massy Holdings dropped 97 cents in closing at $77.01 in an exchange of 30 stock units, Sagicor Group rose 49 cents to $43.49 with investors dealing in 4,364 units, Scotia Group shed 73 cents to end at $57.15 with traders exchanging 23,912 stocks. Seprod rallied $2.50 and ended at $84 as 22,712 shares changed hands, Supreme Ventures increased by 99 cents to finish at $19.99 after 5,072 stocks were traded, Sygnus Credit Investments advanced 55 cents to close at $12.55 with investors exchanging 8,226 units and Sygnus Real Estate Finance declined $1.24 to $8 after a transfer of 1,855 stock units.
In the preference segment, Jamaica Public Service 7% sank $9.35 in closing at $35 after the trading of 284 shares and 138 Student Living preference share dropped $35.50 to finish at $206 with 43 units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

The JSE Junior Market skids on Monday


Stocks mostly fell on the Junior Market of the Jamaica Stock Exchange on Monday, following trading in 46 securities compared with 45 on Friday and ending with prices of just 11 advancing, 22 declining and 13 closing unchanged with trading ending with an exchange of 46 percent fewer shares changing hands with an 18 percent lower value compared with Friday.

At the close of the market, Spur Tree Spices ended at a 52 week low of $1.08, RA Williams closed at a 52 week low of 46 cents while Dolla Financial and Main Event traded at 52 week intraday lows of $2.18 and $9.10, respectively.
Trading ended in 5,847,124 shares changing hands for $10,317,978, compared to 10,899,363 stock units at $12,643,835 on Friday.
Trading averaged 127,111 shares at $224,304, well below the 242,208 stocks at $280,974 on Friday with the month to date, averaging 190,570 units at $283,096 in line with 196,172 stock units at $288,287 on the previous day compared with April with an average of 199,273 shares at $488,496.
Dolla Financial led trading with 1.96 million shares for 33.5 percent of total volume, followed by Limners and Bards, with 607,189 units for 10.4 percent of the day’s trade and Stationery and Office Supplies with 554,655 stocks for 9.5 percent of the volume traded.
At the close of trading, the Junior Market Index fell 39.48 points to close at 3,401.96. The Investor’s Choice bid-offer indicator shows 10 stocks ending with bids higher than their last selling prices and one with a lower offer, reflecting a likely positive opening on Tuesday.
The Junior Market ended trading with an average PE Ratio of 13, based on the last traded prices in conjunction with earnings that are projected by ICInsider.com for financial years ending around August 2025.
At the close of the market, AMG Packaging rose 14 cents and ended at $2.49 after traders switched 5,480 shares, Blue Power increased 12 cents to $5.17 with investors dealing in 101 units, Caribbean Flavours sank 21 cents to close at $1.29 with a transfer of 112 stocks. Derrimon Trading dropped 10 cents to end at $1.80 after closing with an exchange of 4,001 shares, Dolphin Cove popped 27 cents in closing at $12.10 after a transfer of 5,417 stock units, Elite Diagnostic advanced 20 cents to finish at $1.50 as 654 shares crossed the market. Everything Fresh rose 19 cents to $2.22 in an exchange of 19,483 stock units, Express Catering gained 10 cents to finish at $2.80 with investors swapping 7,146 stocks, Iron Rock Insurance sank 57 cents and ended at $3.33 in an exchange of 104,021 stock units. JFP Ltd rallied 6 cents to close at 57 cents with investors trading 522,717 shares, KLE Group popped 14 cents in closing at $1.06 with an exchange of a mere one stock unit, Lasco Financial slipped 6 cents to end at $1.62 with traders clearing 10,000 units in the market. Mailpac Group fell 16 cents to $2.38 after an exchange of 72,115 stock units, Medical Disposables skidded 9 cents to close at $1.35 with investors trading 1,527 shares, RA Williams lost 6 cents to finish at 46 cents with 67,561 stocks crossing the exchange and Regency Petroleum shed 10 cents and ended at $3.50 with traders dealing in 74,581 units.

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

Guardian drops $82 in Jamaica


The wild price swing continued for Guardian Holdings on Monday on the Jamaica Stock Exchange, with the price dropping $82 and helping to push down the Combined Market Index. Trading closed with a fall in the volume and value of stocks exchanged, compared to Friday, and ended with the Main Market and the Junior Market indices declining and the JSE USD Market rising. At the end of trading, prices of 28 shares rose, 50 declined and 36 remained firm.

At the close of the market, the JSE Combined Market Index declined 2,370.18 points to 331,756.52, the All Jamaican Composite Index increased 1,207.72 points to end at 371,144.04, the JSE Main Index declined 2,181.00 points to settle at 321,474.85, with the Junior Market Index dropping 39.48 points to 3,401.96 and the JSE USD Market Index rose 2.14 points to conclude trading at 248.50.
At the close of trading, 20,796,375 shares were exchanged in all three markets, down from 27,044,763 units on Friday. The value of stocks traded on the Main and the Junior markets amounted to $75.45 million, down from $221.74 million on the previous trading day. The JSE USD market closed with an exchange of 95,221 shares for US$2,806, down sharply from 818,516 units at US$25,705 on Friday.
In Main Market activity, Transjamaican Highway led trading with 9.20 million shares, followed by General Accident with 2.62 million stocks and Radio Jamaica with 1.12 million units.
In Junior Market trading, Dolla Financial led with 1.96 million shares, followed by Limners and Bards with 607,189 stocks and Stationery and Office Supplies with 554,655 units.
In the preference segment, Jamaica Public Service 7% slipped $9.35 to close at $35 and 138 Student Living preference share sank $35.50 to $206.
The market’s PE ratio, the most popular measure used in valuing stocks, ended at 12.4 based on 2024-25 earnings and 19.7 based on 2024 earnings.
The ICInsider.com PE ratio chart and the more detailed daily charts provide investors with regularly updated data to help in decision-making. The PE ratio chart covers all ordinary shares that are listed on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market. The earnings per share (EPS) and PE ratios are based on 2024 and 2025 actual or projected earnings, excluding any major one time income or expense.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The chart should be used in making rational decisions when investing in stocks close to the sector average, not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock. The net asset value of each company is incorporated into the chart. Investors can use this measure in assessing stock values. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends that are paid or are due to be paid and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.

MFS Partners leaps in ICTOP10


The Junior Market ICTOP10 has two new listings since ICInsider.com’s report two weeks ago, with MFS Partners and Caribbean Assurance Brokers, moving into the Junior Market TOP10, following a period with some sharp movements in the Jamaica stock market and the top 10 listings.

AMG Packaging declined 14 percent, Elite Diagnostic dived 13 percent, Dolla Financial dropped 12 percent and Express Catering slipped 5 percent. Following the solid increase of 176 percent in the first quarter profit, Caribbean Flavours jumped sharply by 29 percent, followed by Kintyre Holdings, up 6 percent and Iron Rock Insurance with a gain of 5 percent.
Trading in the Main Market IC TOP 10 was steadier than the Junior Market, Margaritaville rising 14 percent, Guardian Holdings climbing 12 percent and Scotia Group rising 8 percent. 138 Student Living lost 9 percent, following a 36 percent fall in profit reported in the March quarter, Caribbean Producers and NCB Financial fell 6 percent each, even as the former reported a meaningful 20 percent increase in first quarter earnings.
The Junior Market had two new listings in the ICTOP10, following the falling out of Caribbean Flavours and Iron Rock Insurance. In the All JSE ICTOP10 listings, Express Catering and Scotia Group were replaced by Caribbean Assurance Brokers and MFS Partners.
The average PE for the JSE Main Market ICTOP 10 is just 5.5, well below the market average of 13.3. The Junior Market TOP10 stands at 5.9, less than half the market’s average of 13.5.
In the Main Market, ICTOP10 are 16 stocks with the highest values, accounting for 31 percent of the Main Market, with PE ratios between 15 and 43, 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, 16 stocks or 33 percent of the market have PEs ranging from 15 to 30, with an average of 21 and a PE of 19 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. Sometimes, they include weaker companies that may be oversold and end up on the list. ICInsider.com ranks stocks are based on projected earnings, allowing investors to focus on the most undervalued stocks and remove emotions when selecting stocks for investments.
IC TOP10 stocks that will likely deliver the best returns 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 

JSE Main Market gains to close out week


The number of stocks slipping exceeded those rising by a wide margin but that did not prevent the Jamaica Stock Exchange Main Market from recording gains in the major market indices at the close on Friday following fall in the volume of stocks traded by 38 percent, with the value 40 percent higher than on Thursday, resulting from trading in 56 securities down from 61 on Thursday, with prices of 15 rising, 24 declining and 17 ending unchanged.

The market closed with 15,326,884 shares trading worth $209,095,375, sliding from 24,639,843 stock units at $149,281,517 on Thursday.
Trading averaged 273,694 shares at $3,733,846 compared to 403,932 stocks at $2,447,238 on Thursday and month to date, an average of 237,764 units at $2,044,421, within the ballpark of 234,590 shares at $1,895,198 on the previous day and well below April with an average of 1,417,136 stocks at $6,010,754.
Transjamaican Highway led trading with 5.76 million shares for 37.6 percent of total volume, followed by Supreme Ventures with 5.63 million stocks for 36.7 percent of the day’s trade and AS Bryden with 1.86 million units for 12.1 percent of the day’s volume.
The All Jamaican Composite Index climbed 447.12 points to finish at 369,936.32, the JSE Main Index increased 1,275.19 points to settle at 323,655.85 and the JSE Financial Index popped 0.64 points to 68.38. At the close, the Investor’s Choice bid-offer indicator shows nine stocks ending with bids higher than their last selling prices and three with lower offers.
The Main Market ended trading with an average PE Ratio of 12.9. The JSE Main and the USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
At the close of the market, Berger Paints rallied 55 cents and ended at $7.62 after 4,015 shares were traded, Carreras lost 39 cents to $16 with 152,942 units crossing the exchange, Eppley sank 55 cents to end at $32.75 with investors trading 601 shares. Eppley Caribbean Property Fund shed $4.90 in closing at $37.10 as buyers walked off with 2,267 stocks, General Accident increased 40 cents to finish at $5.30 as investors passed 3,570 stock units through the market, Guardian Holdings popped $42 to close at $390 as investors exchanged 294 shares. Jamaica Broilers advanced 50 cents to $27.50 after a transfer of 15,256 units, Jamaica Stock Exchange sank 44 cents in closing at $12.76 with investors trading 26,074 stocks, JMMB Group dropped 35 cents and ended at $20.10 with an exchange of 13,907 stock units. Kingston Wharves rose 40 cents to end at $29.50 with 2,483 shares clearing the market, Margaritaville fell 89 cents to finish at $12.51 with a transfer of 85 stocks, Mayberry Group climbed $1.17 to close at $7.47 after an exchange of a mere 2 units. NCB Financial skidded $1.41 to $43.99, with 209,442 stock units crossing the market, with increased buying interest in Scotia Group in recent weeks, investors picked up 171,616 shares at $1.48 more in closing at $57.88 than the opening, Seprod declined $2.48 to end at $81.50 with 3,491 stock units switching owners. Supreme Ventures dipped 99 cents to close at $19 with investors swapping 5,628,924 stocks and Wisynco Group rose 74 cents and ended at $21.29 in an exchange of 38,641 units.
In the preference segment, 138 Student Living preference share advanced $56.50 to finish at $241.50 with 9 stocks crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.