Five consecutive days of record close, shook up IC Insider.com’s TOP 10 this past week, more shakeup seems possible with a raft of company results set for release, this week.
IC Insider’s long standing TOP 10 main market stock, Caribbean Cement jumped sharply during the week to record high of $100 before closing the week at $80, up $16.60 as investors reacted positively to the strong first quarter results. Sagicor Group rose to close the week at $46.50 and Sygnus Credit Investments moved to $12.50 at the close of the week and moved out of the TOP 10 main market. Jamaica Broilers, Berger Paints and Pulse Investments return to the main market TOP list.
The Junior Market TOP 10, said goodbye to Jamaican Teas that rose to $3.90 and Caribbean Cream. Caribbean Cream earnings for the 2019/20 fiscal year were down grade to 47 cents per share, following the release of 2019 audited financial results. ISP Finance returns to the TOP list after a long absence and AMG Packaging returned after a short time out.
The three leading Junior Market stocks for the coming week are, Elite Diagnostic with likely gains of 233 percent, followed by Lasco Financial with potential gains of 229 percent and Caribbean Producers with projected gains of 221 percent.
Radio Jamaica with potential gains of 175 percent takes over the leadership of main market stocks, from Victoria Mutual Investments with 150 percent likely gain, and now sits in third spot behind Sterling Investments with potential to gain 151 percent.
Wigton Windfarm, Jamaica’s latest initial public share offer, sits in at the 4 position on the main market stock list. The stock comes to the market at 50 cents per share and boast a PE of 8.3 times normalized earnings for the year to March 2019.
The main market, closed the week with the overall PE at 14.2 and the Junior Market at just 10.3. The PE ratio for Junior Market Top 10 stocks averages 6.6 and the main market PE is now 8.6. These levels, point to the huge upside for the TOP 10 stocks over the next 12 months and Junior Market stocks in particular.
The TOP 10 stocks now trade at an average discount of 36 percent to the average for the Junior Market Top stocks and main market stocks trade at a discount of 40 percent to the overall market.
TOP 10 stocks are likely to deliver the best returns within a 12 months period. Projected earnings, for 
each company’s current fiscal year, are used in determining, the selected stocks. The PE for and projected earnings for each stock are computed to show potential gains for the year, which are ranked 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 as new information is received that can result in changes in and out of the list.
This report is compiled by persons who may have interest in the securities commented on.
The Junior Market of the Jamaica Stock Exchange enjoyed a strong day on Friday, with the market index closing above the 3,000 mark for the first time since April 11, by jumping 41.02 points to 3,025.22 in trading. 
At the close of the market, Access Financial closed at $43, with an exchange of 100 shares, AMG Packaging ended at $2, with 56,645 stock units changing hands, Cargo Handlers settled 4 cents higher at $11, while trading 3,000 shares, Caribbean Flavours traded 943 stock units $4 higher at $20.50. Caribbean Producers added 37 cents to close at $4.98, trading with 3,500 units, Derrimon Trading ended with a loss of 3 cents at $2.72, as 38,482 shares crossed the exchange, Dolphin Cove concluded trading 30,345 shares 33 cents higher at $12.05, Everything Fresh finished with a loss of 5 cents at $1.50, with an exchange of 386,678 stock units, Elite Diagnostic exchanged 65,365 units and rose 8 cents to end at $3.05. Express Catering ended trading of 14,706 shares at $7.70, FosRich Group enjoyed a big day trading 3,048,363 shares, to close at $4, Fontana finished trading 7 cents higher at $4.10, with 82,640 shares changing hands, General Accident closed with a loss of 10 cents at $3.90, after an exchange of 130,000 stock units. 
Honey Bun concluded trading of 6,590 shares and gained 25 cents to end at $4.25, iCreate closed trading of 120,876 shares to close at 90 cents, Indies Pharma finished with a loss of 5 cents at $3.15, with an exchange of 3,000 shares, Iron Rock settled at $3.90, trading 256 shares. Jamaican Teas traded 2,000 units with a loss of 5 cents at $3.90, Lasco Distributors closed with a loss of 8 cents at $3.80, with 163,794 units changing hands, Lasco Financial settled 5 cents higher at $4.25, with an exchange of 2,500 shares, Medical Disposables finished trading at $7, with 6,951 stock units and Paramount Trading closed at $2.47, with an exchange of 5,612 units.
At the close of the market, Access Financial exchanged 283 shares and closed 50 cents higher at $43, AMG Packaging ended at $2, trading 22,171 stock units, Caribbean Producers finished trading with a rise of 11 cents at $4.61, with 12,315 units, Derrimon Trading ended at $2.75, with an exchange of 34,000 shares. Everything Fresh gained 3 cents to close at $1.55, with 12,800 stock units changing hands, Elite Diagnostic settled 1 cent higher at $2.97, in trading 19,836 units, FosRich Group traded 6,650 shares resulting in a rise of 9 cents to close at $4, Fontana finished trading 64,780 shares with a loss of 7 cents at $4.03. GWest Corporation ended 4 cents higher at $1.35, trading 16,150 units, Honey Bun gained 1 cent to close at $4, trading of 58,594 shares, iCreate closed trading of 22,559 shares with a rise of 1 cent to close at 90 cents. Indies Pharma finished 5 cents higher at $3.20, with an exchange of 37,257 shares, Iron Rock climbed 40 cents to $3.90, with 743 shares trading, Jetcon Corporation finished trading 17,425 shares and fell 18 cents to end at $2.30. KLE Group ended at $2.40, with 10,406 shares changing 
hands, Knutsford Express concluded trading with 3,909 stock units and rose 1 cent to close at $13, Lasco Distributors exchanged 34,706 units at $3.88, Lasco Financial settled with a loss of 20 cents at $4.20, with 18,833 shares trading. Lasco Manufacturing ended trading 7 cents higher at $3.25, with an exchange of 17,508 shares, Main Event traded 6,000 shares at $5, Medical Disposables added 50 cents to end at $7, with an exchange of 1,165 stock units, Paramount Trading closed with a loss of 3 cents at $2.47, in exchanging 1,227 units and SSL Venture Capital ended with a loss of 10 cents at $1.50, with 66,000 shares changing hands.
Blue Power concluded trading of 3,200 units, at $4.20. Cargo Handlers settled with a loss of 4 cents at $10.96, after trading 100 shares, Caribbean Producers traded 7,835 units at $4.50, Consolidated Bakeries closed 20 cents higher at $2, with 250,745 shares changing hands. Derrimon Trading ended with a loss of 4 cents at $2.75, with the exchanging of 2,206 shares, Dolphin Cove concluded trading of 3,357 shares with a loss of 33 cents at $11.72, Everything Fresh finished 4 cents higher at $1.52, with 119,546 stock units crossing the exchange. Elite Diagnostic settled 1 cent higher at $2.96, trading 26,229 units, Express Catering ended trading with 7,000 shares and rose 50 cents to end at $7.70, FosRich Group traded with a loss of 9 cents at $3.91, with 1,502,876 shares changing hands, Fontana finished trading 10 cents higher at $4.10, with 994,116 shares. GWest Corporation ended with a loss of 4 cents at $1.31, with an exchange of 1,000 units, iCreate closed trading of 14,231 shares to close at 89 cents. Indies Pharma finished with a loss of 10 cents at $3.15, with 31,715 shares trading, Jamaican Teas traded 6,351 units and rose 44 cents to end at $3.95, Jetcon Corporation finished trading 13,235 shares and 
gained 18 cents to $2.48. KLE Group ended with a loss of 10 cents at $2.40, with 17,810 shares changing hands, Knutsford Express concluded trading of 1,200 stock units, with a gain of 99 cents to $12.99, Lasco Distributors finished 19 cents higher at $3.88, with 9,899 units trading, Lasco Financial added 20 cents to close at $4.40, with an exchange of 1,500 shares. Lasco Manufacturing ended trading of 133,000 shares and rose 9 cents to end at $3.18, Main Event fell 30 cents to $5, with 21,943 shares changing hands, Medical Disposables exchanged 20,000 stock units to close at $6.50, Paramount Trading closed 25 cents higher at $2.50, with 1,300 units passing through the exchange. SSL Venture Capital ended 10 cents higher at $1.60, trading 3,338 shares and tTech settled with a loss of 35 cents at $4.80, with 3,000 stock units changing hands.
The Junior Market of the Jamaica Stock Exchange lost more ground on Tuesday and closed April with a 5 percent fall in value, bringing the four months losses to 9.4 percent compared to a 5.8 percent rise for the All Jamaica index.
an average of $90,191 on Monday. The average volume and value for the month to date amounts to 87,963 units valued $317,267 and previously, 88,152 units valued $318,072 for each security traded. In contrast, March closed with an average of 195,942 shares valued at $777,498 for each security traded.
cents higher at $3.25, with 1,160,900 shares changing hands, Iron Rock settled at $3.50, with 6,256 shares crossing the exchange, Jamaican Teas rose just 1 cent trading 29,188 units to end at $3.51, Jetcon Corporation finished trading 5,000 shares with a loss of 5 cents at $2.30. Knutsford Express concluded trading of 650 stock units with a loss of 99 cents at $12, Lasco Distributors closed with a gain of 17 cents at $3.69, in transferring 157,383 units, Lasco Financial rose 15 cents higher to close at $4.20, with 53,532 shares trading, Lasco Manufacturing ended trading 27,045 shares with a loss of 11 cents at $3.09. Paramount Trading closed with a loss of 22 cents at $2.25, with an exchange of 8,987 units and Stationery and Office concluded trading 10 cents higher at $6.85, with 16,929 shares.
normalized earnings for the year to March 2019. 
each company’s current fiscal year, are used in determining, the selected stocks. The PE for and projected earnings for each stock are computed to show potential gains for the year, which are ranked 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 as new information is received that can result in changes in and out of the list.
Jamaican Teas traded 27,812 units with a loss of 10 cents at $3.50, Jetcon Corporation finished trading of 3,724 shares, with a loss of 5 cents to close at $2.35, Key Insurance closed 10 cents higher at $3.25, with swapping of 2,500 shares. Knutsford Express concluded trading of 338 stock units and rose 49 cents higher to $12.99, Lasco Distributors finished 1 cent higher at $3.52, with 46,495 units changing hands, Lasco Manufacturing ended trading at $3.20, with 6,309 shares, Main Event traded with a loss of 50 cents at $5.30, after trading 12,594 shares. Paramount Trading closed with a loss of 3 cents at $2.47, trading 4,000 units, SSL Venture Capital ended with a loss of 4 cents at $1.50, with 2,185 shares changing hands and Stationery and Office traded 6,000 shares with a loss of 75 cents at $6.75.
to 91,615 units valued $329,850 and previously, 86,708 units valued $310,507 for each security traded. In contrast, March closed with an average of 195,942 shares valued at $777,498 for each security traded.
Iron Rock exchanged 12,967 shares with a loss of 40 cents in closing at $3.50, Jamaican Teas traded 5,000 units at $3.60, Jetcon Corporation finished the trading of 81,080 shares at $2.40, Knutsford Express closed at $12.50, while trading 600 stock units, Lasco Distributors finished with a loss of 9 cents at $3.51, with 51,500 units changing hands. Lasco Financial settled 5 cents higher at $4.05, with $2.93, with an exchange of 59,528 shares, Lasco Manufacturing ended trading with 60,000 shares, 4 cents higher at $3.20, Main Event traded 8,620 shares after falling 5 cents to $5.80, SSL Venture Capital ended at $1.54, in exchanging 1,640 shares and tTech settled 15 cents higher at $5.15, with 16,200 stock units changing hands.
The Junior Market of the Jamaica Stock Exchange closed with reduced volume and value on Thursday, compared to Wednesday’s levels, but the market index gained 27.85 points to close at 2,993.36. 
In contrast, March closed with an average of 195,942 shares valued at $777,498 for each security traded.
Iron Rock settled with a loss of 10 cents at $3.90, with 100 shares changing hands, Jamaican Teas traded 5,500 units, with a loss of 40 cents at $3.60, Jetcon Corporation finished trading with 101,986 shares and lost 9 cents to close at $2.40. Knutsford Express concluded trading 20 cents higher at $12.50, with 2,262 stock units, Lasco Distributors finished with a loss of 3 cents at $3.60, with 5,150 units, Lasco Financial settled at $4, with 1,020 shares, Lasco Manufacturing ended trading with a loss of 4 cents at $3.16, with 2,350 shares. Main Event traded 46 cents higher at $5.85, with 7,042 shares, SSL Venture Capital ended with a loss of 6 cents at $1.54, with 17,203 shares, Stationery and Office concluded trading 50 cents higher at $7.50, with 117,355 shares and tTech settled at $5, with 27,965 stock units.
The Junior Market of the Jamaica Stock Exchange closed with reduced volume and value compared to Tuesday’s levels, but the market index gained 10.77 points to close at 2,965.51. 
cents higher to $4, Jetcon Corporation finished trading 14 cents higher at $2.49, with an exchange of 31,399 shares. Knutsford Express concluded trading of 5,225 stock units, 40 cents higher at $12.30, Lasco Distributors finished 3 cents higher at $3.63, with 1,801 units changing hands, Lasco Financial settled with a loss of 15 cents at $4, with 30,400 shares crossing the exchange, Lasco Manufacturing ended trading 3,162 shares with a loss of 5 cents at $3.20. Main Event traded 1,928 shares and rose 34 cents to close at $5.39, SSL Venture Capital ended at $1.60, while exchanging 1,900 shares, Stationery and Office concluded trading with 29,786 shares for 25 cents higher at $7 and tTech settled with a loss of 30 cents at $5, with 1,776 stock units trading.