Fontana Waterloo Road branch now new completion.
There were some major price movements for the TOP 10 stocks. By the end of the week, Fontana moved up in price to $3.95 and moved out of the list.
ISP Finance closed with the bid at $13, forecasted earnings was adjusted down to $1.65 for 2019, with the stock existed the TOP 10. Caribbean Cream and Jamaican Teas replaced the above two companies.
TOP 10 main market selection last week, Wisynco closed the week at $11 and that was enough to move it off the list with Carreras moving back on to the list. Radio Jamaica made a big surge from 80 cents to end the week at $1.20 but with the offer at $1.18 after the company posted strong gains in profit in the December quarter of $168 million versus $79 million in the similar period in 2017. Seprod also enjoyed a big move from $34.85 to $39, both remain in the TOP 10.
Stocks falling out of the TOP 10 should not be ignored, they have much more gains ahead of them, in 2019. Both Fontana and Wisynco earnings are based on June 2019 year-end. Results for the 2020 year will start coming out before the end of this year and could result in increased interest in the stocks.
Medical Disposables fell in price during the week and rose in the TOP 10 to number 2 while Sygnus Credit Investments garnered increased buying interest with the price moving up with the stock just holding on to the number 10 spot on the main market list.
The three leading Junior Market stocks are General Accident, with potential gains of 300 percent, Medical Disposables with 264 percent projected gains and Stationery and Office Supplies 245 percent.
The three leading main market stocks are, Victoria Mutual investments 150 percent likely gains, Caribbean Cement with likely gains of 150 percent and Sterling Investments with 135 percent.
The main market closed the week with the overall PE at 13 and the Junior Market at 10. The PE ratio for Junior Market Top 10 stocks average 6.2 and the main market PE is now 8.4.
The TOP 10 stocks now trade at an average discount of 38 percent to the average for the Junior Market Top stocks but it’s a third of what the average PE for the year is likely to be of 20 times earnings. The main market stocks trade at a discount of 35 percent to the overall market.
TOP 10 stocks are likely to deliver the best returns within a 12 
months period. Stocks are selected based on projected earnings for each company’s current fiscal year. Based on an assumed PE for each, the likely gains are determined and then ranked, with the stocks with the highest potential gains ranked first followed by the rest, in descending order. Potential values will change as stock prices fluctuate and will result in movements of the selection in and out of the lists for most weeks. Earnings per share are revised on an ongoing basis based on new information received that can result in changes in and out of the list as well.
Mayberry Investments lost 85 cents and ended trading of 6,119 shares, at $8.05, 138 Student Living lost 30 cents trading 25,200 shares at $5.50. PanJam Investment fell 50 cents trading 19,320 units to close at $79.50 after hitting earlier a 52 weeks high of $82, Sagicor Group gained $1 and ended trading 53,548 stock units at $38.50, Salada Foods rose 50 cents trading 5,200 shares at $33. Scotia Group rose $1.99 trading 5,498 shares at $53.99, Stanley Motta shed 33 cents to end at $4.67, with an exchange of 2,000 shares, Sygnus Credit Investments dipped 50 cents to end at $11.50 with an exchange of 88,000 shares and Wisynco Group gained 35 cents and concluded trading of 43,108 shares at $11.
In an active trading session on the Junior Market of the Jamaica Stock Exchange on Friday, 27 securities changed hands, resulting in an exchange of 4,398,457 units valued at $19,730,388. 
at $7.50, FosRich Group traded 32,795 shares and moved 17 cents higher to $4.17, Fontana finished trading of 123,255 shares, with a loss of 5 cents to close at $3.95. General Accident closed at $4, with an exchange of 155,848 stock units, GWest Corporation ended at $1.45, with 4,600 units trading. Indies Pharma ended 6 cents higher at $2.80, with an exchange of 15,140 shares, Jamaican Teas traded 537,851 units and rose 5 cents to $4, Jetcon Corporation finished trading with a loss of 11 cents at $3.07, in exchanging 925,520 shares, Lasco Distributors gained 24 cents to close at $3.99, with 426,911 units trading. Lasco Financial settled with a loss of 15 cents at $4.35, in exchanging 119,944 shares, Lasco Manufacturing ended trading 138,653 shares with a loss of 1 cent in closing at $3.19, Main Event traded 240,861 shares, with a loss of 30 cents at $5.50, Medical Disposables finished trading at $5.50, with 24,000 stock units changing hands. Paramount Trading closed at $2.40, trading 35,364 units and SSL Venture Capital ended at $1.95, with 594,200 shares traded.
23,515 units changing hands, 183 Student Living rose 80 cents trading 1,100 shares at $5.80. PanJam Investment jumped $4.99 in ending at a 52 weeks closing high of $80, trading 48,795 units, Sagicor Group gained 40 cents and ended trading 153,890 stock units at $37.50, Scotia Group added 75 cents trading 20,694 shares at $52, Stanley Motta gained 50 cents to end at $5, with an exchange of 31,684 shares. 
$14.50, with an exchange of 2,000 shares, Caribbean Cream ended trading of 7,500 shares, at $5.37. Caribbean Flavours traded 12,000 stock units with a rise of $1.85 to close at $18, Caribbean Producers finished trading 6,841 units, with the price moving 5 cents higher to $4.75, Dolphin Cove fell 5 cents to close at $15.35, trading 150 shares, Everything Fresh finished 5 cents higher at $1.90, with 14,030 stock units trading. Elite Diagnostic settled 31 cents higher at $3.40, with 29,103 units changing hands. Express Catering ended trading 15,500 shares and closed 6 cents higher at $7.06, FosRich Group traded 5,621 shares at $4, Fontana closed 10 cents higher at $4, with an exchange of 1,345,881 shares, General Accident closed 1 cent higher at $4, with 42,042 stock units changing hands. GWest Corporation ended 9 cents higher at $1.45, with an exchange of 8,000 units, Honey Bun concluded trading of 42,960 shares, with a loss of 10 cents at $3.70, Indies Pharma finished with a loss of 16 cents at $2.74, with 164,127 shares passing through the market, Jamaican Teas traded 42,300 units with a loss of 5 cents at $3.95. Jetcon Corporation closed at $3.18, trading 1,500 shares, 
Knutsford Express concluded trading of 5,050 stock units and climbed 50 cents higher to $13, Lasco Distributors finished at $3.75, with an exchange of 12,784 units, Lasco Financial rose 15 cents to $4.50, in trading 10,000 shares. Lasco Manufacturing ended trading 70,310 shares, with a loss of 9 cents at $3.20, Paramount Trading closed at $2.40, with 5,981 units changing hands, Stationery and Office concluded trading of 20,592 shares and rose 40 cents higher to $8.40 and tTech settled at $5.84, in exchanging 23,706 stock units. In the junior market preference segment, CAC 2000 9.5% closed at $1, with 293,741 shares changing hands.
Trading on the main market of the Jamaica Stock Exchange ended on Wednesday with the market indices and ending with more declines even as advancing stocks were more than declining ones.
Stanley Motta fell 50 cents to end at $4.50, with an exchange of 1,616 shares, Supreme Ventures rose 45 cents and finished trading of 129,583 units at $19.80. Sygnus Credit Investments rose 75 cents to end at $11 with an exchange of 16,550 shares, Victoria Mutual Investments rose 35 cents to settle at $4.05, with 30,867 shares changing hands and Wisynco Group rose 40 cents and concluded trading of 3,318,014 shares $10.90.
stock units at $4, Jetcon Corporation traded 14,500 units with a loss of 7 cents at $3.18, Knutsford Express ended with a loss of 20 cents at $12.50, with an exchange of 103,076 shares, Lasco Distributors ended trading of 73,727 stock units at $3.75. Lasco Financial closed with a loss of 15 cents at $4.35, with 35,401 units changing hands, Lasco Manufacturing settled 2 cents higher at $3.29, trading 35,900 shares, Main Event ended trading 4,452 shares, with a loss of 20 cents at $5.80, Medical Disposables traded 18,000 shares with a loss of 10 cents to close at $5.50. Paramount Trading finished trading 6,500 stock units at $2.40 and Stationery and Office ended with a loss of 40 cents at $8, trading 27,474 shares. In the junior market preference segment, CAC 2000 9.5% ended at $1, with 6,400 stock units trading and Derrimon Trading 9% concluded trading at $2.10, with 4,833 units.
gains in profit in the December quarter of $168 million versus $79 million in the similar period in 2017. JMMB Group 6% preference share was next with 1,799,538 shares and accounting for 18.7 percent of the total main market volume changing hands and 1834 Investments with 705,080 shares, for 7 percent of the day’s volume.
Kingston Wharves dropped $2 and settled at $70, with 44,616 units changing hands, 138 Student Living rose 49 cents and finished trading 1,199 shares at $4.01. PanJam Investment jumped $2.99 and ended at a 52 weeks’ closing high of $78, trading 6,262 units, Sagicor Group lost 35 cents and ended trading at $38.50, with 39,275 stock units, Salada Foods traded just 700 units, but lost 50 cents to close at $38, Scotia Group dropped $1.89 to finish trading 195,910 shares at $51.11. Seprod climbed $2.50 to finish trading of 695,712 shares at $39, Stanley Motta rose 30 cents to end at $5, with an exchange of 5,000 shares, Supreme Ventures rose 35 cents and finished trading of 12,668 units at $19.35. Sygnus Credit Investments rose 75 cents to end at $11 with an exchange of 16,550 shares and Victoria Mutual Investments lost 30 cents to settle at $3.70, with 236,520 shares changing hands.
25,475 shares. Knutsford Express concluded trading of 996 stock units, with a rise of 20 cents to $12.70, Lasco Distributors closed 5 cents higher at $3.75, with 26,427 units trading, Lasco Financial settled at $4.50, with an exchange of 47,259 shares, Lasco Manufacturing ended trading of 400 shares and rose 9 cents higher to $3.27. Main Event traded 21,655 shares at $6, Medical Disposables finished trading 300 stock units with a loss of 90 cents to $5.60, Paramount Trading closed at $2.40, in an exchange of 25,500 units, SSL Venture Capital ended 1 cent higher at $1.95, with 1,000 shares changing hands and Stationery and Office concluded trading with 22,617 shares at $8.40. In the junior market preference segment, CAC 2000 closed at $1, with the trading of 146,936 shares.
$22.50 and trading 6,000 shares, Jamaica Stock Exchange gained $1 and closed trading with 34,786 units changing hands, at a record close of $15, JMMB Group fell 70 cents concluded trading at $32.10, with 57,512 shares. Kingston Wharves rose $3.48 cents and settled at $72, with 6,449 units changing hands, Pulse Investments traded 2,000 units and lost 50 cents to close at $2.70, Salada Foods traded 10,860 units, but lost 50 cents to close at $38.50. Seprod rose $1.65 to finish trading of 443,979 shares at $36.50, Supreme Ventures lost 80 cents and finished trading 42,611 units at $19 and Sygnus Credit Investments lost 90 cents to end at $10.25 with an exchange of 49,018 shares.