Junior Market of the Jamaica Stock Exchange activity closed on Thursday, with a 78 percent decline in the volume of stocks traded, with an 85 percent lower value than Wednesday with trading in 40 securities compared with 42 on Wednesday and ending with prices of 19 rising, 13 declining and eight closing unchanged.
Trading ended with 11,052,377 shares for $16,339,934 down sharply from 50,366,450 stocks at $107,450,383 on Wednesday.
Trading averaged 276,309 shares at $408,498 compared with 1,199,201 units at $2,558,342 on Wednesday with the month to date, averaging 672,221 units at $1,425,403 versus 705,773 stocks at $1,511,581 on the previous day and April with an average of 204,118 units at $439,599.
ONE on ONE Educational led trading with 4.04 million shares for 36.5 percent of total volume followed by One Great Studio with 1.31 million stocks for 11.9 percent of the day’s trade and Fosrich with 1.15 million units for 10.4 percent of trading.
At the close of trading, the Junior Market Index climbed 19.46 points to conclude trading at 3,664.64.
The Junior Market ended trading with an average PE Ratio of 11.9, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around August 2025.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Access Financial declined $1.82 in closing at a 52 weeks’ low of $18 after an exchange of 5,500 stocks, AMG Packaging sank 41 cents to $2.89 with 5,000 units crossing the market, Blue Power increased 65 cents to finish at $3.60 in an exchange of 32,404 shares. CAC 2000 climbed 13 cents and ended at $3.84 with traders dealing in 83,249 stock units, Cargo Handlers rose 18 cents to close at $12.18 after an exchange of 2,453 shares, Caribbean Assurance Brokers slipped 48 cents to end at $2.72 in trading 3,709 stocks. Caribbean Cream rallied 26 cents in closing at $4.20 after a transfer of 2,000 units, Derrimon Trading popped 18 cents to $2.05 with 490,571 stock units clearing the market, Dolla Financial fell 9 cents and ended at $2.65 with an exchange of 77,458 shares. 
Everything Fresh dipped 15 cents to end at $1.70 after 160,656 stocks crossed the market, Fontana lost 20 cents to finish at $8.30 with a transfer of 56,095 units, Honey Bun advanced 64 cents to close at $7.90, with 17,713 stock units changing hands. Indies Pharma gained 32 cents to $2.69 after 5,422 shares passed through the market, Lasco Financial dropped 19 cents to end at $1.50 in switching ownership of 138,593 units, Lumber Depot shed 14 cents in closing at $2.50 with 213,320 stocks crossing the exchange. Medical Disposables popped 28 cents and ended at $2.28 after investors ended trading 745 stock units, MFS Capital Partners advanced 7 cents to close at $1.46 in an exchange of 644,161 shares, Paramount Trading rose 12 cents to finish at $1.29 with investors swapping 15,222 stock units. Spur Tree Spices skidded 9 cents to $2.20 and closed with an exchange of 284,615 units and Tropical Battery rallied 12 cents to end at $2.40 as investors exchanged 564,469 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
All JSE markets rise on Thursday
All of the Jamaica Stock Exchange markets rose moderately on Thursday and ended with the number of stocks changing hands falling, with the value of stocks traded jumping sharply over the previous trading day, resulting in prices of 30 shares rising and 41 declining.
At the close of trading, the JSE Combined Market Index climbed 764.41 points to 332,741.85, the All Jamaican Composite Index rallied 231.05 points to wrap-up trading at 357,117.59, the JSE Main Index gained 655.93 points to conclude trading at 320,462.53. The Junior Market Index gained 19.46 points to 3,664.64 and the JSE USD Market Index popped 0.56 points to lock up trading at 236.99.
At the close of trading, 17,302,070 shares were exchanged in all three markets, down from 62,906,787 units on Wednesday, with the value of stocks traded on the Junior and Main markets amounted to $57.3 million, well below the $284.13 million on the previous trading day and the JSE USD market closed with an exchange of 102,017 shares for US$10,991 compared to 379,029 units at US$8,339 on Wednesday.
In Main Market activity, Wigton Windfarm led trading with 2.66 million shares followed by Transjamaican Highway with 1.44 million stocks and QWI Investments with 274,994 units,
In the Junior Market, ONE on ONE Educational led trading with 4.04 million shares followed by One Great Studio with 1.31 million stock units and Fosrich with just 1.15 million units well off from the big trade of nearly 47 million units on Wednesday.
In the preference segment, 138 Student Living preference share skidded $4.03 to close at $214, Productive Business Solutions 9.75% preference share sank $8.50 to $105 and Sygnus Credit Investments C10.5% slipped $2 to finish at $108.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.2 on 2023-24 earnings and 12.8 times those for 2024-25 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
The chart should be used in making rational decisions when investing in stocks close to the average for the sector, 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 reported as a guide for investors to quickly assess the value of stocks based on this measure. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends paid or payable 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.
Fosrich dominates Junior Market trading
Trading surged on the Junior Market of the Jamaica Stock Exchange on Wednesday after Fosrich led Junior Market trading for the third time in four days resulting in a 1,006 percent rise in the volume of stocks traded, valued 1,031 percent more than on Tuesday with trading in 42 securities compared with 41 on Tuesday and ending with prices of 13 rising, 22 declining and seven closing unchanged.
The market closed with trading of 50,366,450 shares for $107,450,383 compared with 4,554,464 units at $9,496,646 on Tuesday.
Trading averaged 1,199,201 shares at $2,558,342 compared with 111,084 units at $231,626 on Tuesday with the month to date, averaging 705,773 units at $1,511,581 compared with 657,577 stock units at $1,409,339 on the previous day and April that ended with an average of 204,118 units at $439,599.
Fosrich led trading with 46.82 million shares for 93 percent of total volume followed by Everything Fresh with 826,380 units for 1.6 percent of the day’s trade and EduFocal with 576,820 units for 1.1 percent market share.
At the close of trading, the Junior Market Index sank 28.41 points to end at 3,645.18, down 5.3 percent year to date.
The Junior Market ended trading with an average PE Ratio of 11.7 based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around August 2025.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Access Financial lost $1.28 to end at $19.82 in switching ownership of 75 stocks, AMG Packaging shed 20 cents and ended at $3.30, with 100 units crossing the market, Blue Power fell 67 cents to end at $2.95 with investors trading 23 shares. CAC 2000 advanced 33 cents in closing at $3.71, with 3,274 stock units changing hands, Cargo Handlers declined $1 to finish at $12 with investors dealing in 5,345 shares, Caribbean Assurance Brokers sank 18 cents to close at $3.20, with 62 stocks clearing the market. Caribbean Cream dropped 26 cents to $3.94 with traders dealing in 5,351 units, Consolidated Bakeries popped 12 cents and ended at $2.18 after a transfer of 830 stock units, Dolla Financial climbed 12 cents to finish at $2.74 after trading 52,707 shares. 
Fontana rose 10 cents in closing at $8.50 following an exchange of 27,038 stock units, Honey Bun dipped 59 cents to end at $7.26 with 3,827 stocks crossing the market, Indies Pharma skidded 33 cents to close at $2.37 as investors exchanged 155,065 units. Jetcon Corporation rallied 12 cents to end at 99 cents after 1,967 stocks passed through the market, JFP Ltd slipped 10 cents to close at 52 weeks’ low of $1.02 after an exchange of 109,949 units, Limners and Bards increased 27 cents in closing at $1.52 with investors trading 25,580 shares. Mailpac Group gained 7 cents to end at $2.08 in an exchange of 87,964 stock units, Medical Disposables sank 28 cents and ended at $2 with investors swapping 14,098 shares, MFS Capital Partners rose 28 cents to finish at $1.39 with a transfer of 10,636 stock units. Paramount Trading dipped 32 cents and ended at a 52 weeks’ low of $1.17 with 5,097 units crossing the exchange, Regency Petroleum climbed 12 cents to $2.18 in trading 124,961 stocks and Stationery and Office Supplies lost 9 cents to end at $1.64 after an exchange of 751 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Another big trading day for Fosrich
Activity in Fosrich shares dominated trading on the Jamaica Stock Exchange on Wednesday, with above average volume for the third time in four trading days. The markets closed with gains for the Main Market and a moderate rise for the JSE USD market. The Junior Market suffered another day of decline and could end lower on Thursday following release of some disappointing quarterly results.
Markets closed with the number and the value of stocks changing hands jumping over the previous day, resulting in prices of 38 shares rising and 39 declining.
At the close of trading, the JSE Combined Market Index climbed 3,216.36 points to 331,977.43, the All Jamaican Composite Index jumped 4,043.31 points to finish at 356,886.54, the JSE Main Index rallied 3,561.72 points to end at 319,806.60. The Junior Market Index declined 28.41 points to close at 3,645.18 and the JSE USD Market Index popped 2.27 points to 236.26.
At the close of trading, 62,906,787 shares were exchanged in all three markets, up from 36,121,615 units on Tuesday, with the value of stocks traded on the Junior and Main markets amounting to $284.13 million, just above the $271.59, million on the previous trading day and the JSE USD market closed with an exchange of
In Main Market activity, Transjamaican Highway led trading with 3.76 million shares followed by Wigton Windfarm with 2.67 million stock units and NCB Financial with 1.62 million units.
In the Junior Market, Fosrich led trading with 46.82 million shares followed by Everything Fresh with 826,380 stock units and EduFocal with 576,820 units.
In the preference segment, Jamaica Public Service 7% rose $5.40 to $48.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.2 on 2023-24 earnings and 12.8 times those for 2024-25 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
The chart should be used in making rational decisions when investing in stocks close to the average for the sector, 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 reported as a guide for investors to quickly assess the value of stocks based on this measure. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends paid or payable 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.
Junior Market trading back to mundane level
Trading dropped back to more recent norms on Tuesday, following a big jump in trading over the previous two days on the Junior Market of the Jamaica Stock Exchange, with a 96 percent decline in the volume and value of stocks traded, with 96 percent lower than Monday following activity in 41 securities, down from 45 on Monday and ending with prices of 13 rising, 16 declining and 12 closing unchanged.
The market closed with trading of just 4,554,464 shares for only $9,496,646 compared with 118,786,848 units at $248,220,254 on Monday.
Trading averaged 111,084 shares at $231,626, down from 2,639,708 units for $5,516,006 on Monday with the month to date, averaging 657,577 units at $1,409,339 compared with 715,177 stocks at $1,533,469 on the previous day and April with an average of 204,118 units at $439,599.
Fosrich led trading with 1.16 million shares for 25.5 percent of total volume followed by Dolla Financial with 665,331 stock units for 14.6 percent of the day’s trade and JFP Ltd with 591,969 units for 13 percent market share.
At the close of trading, the Junior Market Index declined 11.73 points to end at 3,673.59.
The Junior Market ended trading with an average PE Ratio of 11.9, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around August 2025.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, AMG Packaging gained 15 cents to finish at $3.50 as investors exchanged a mere 522 stock units, CAC 2000 skidded 46 cents to a 52 weeks’ low of $3.38 after trading 706 shares, Caribbean Assurance Brokers popped 7 cents to close at $3.38 after 11,248 stocks passed through the market. Consolidated Bakeries fell 12 cents to end at $2.06, with 5,502 units crossing the exchange, EduFocal shed 9 cents in closing at 84 cents in switching ownership of 176,940 stocks, Fontana declined 40 cents and ended at $8.40, with 5,557 units crossing the market. 
Fosrich slipped 7 cents to $2.06 with a transfer of 1,161,056 shares, Honey Bun increased 24 cents and ended at $7.85 after an exchange of 7,414 stock units, Indies Pharma climbed 18 cents to close at $2.70 with 303 shares clearing the market. Jamaican Teas rose 20 cents in closing at $2.25 in an exchange of 134,960 units, Jetcon Corporation dipped 12 cents to end at 87 cents after closing with an exchange of 556 stocks, Medical Disposables rallied 43 cents to finish at $2.28 with investors trading 436 stock units. MFS Capital Partners lost 15 cents and ended at $1.11, with 274,374 shares crossing the market and Tropical Battery advanced 13 cents to $2.25 after a transfer of 38,098 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Markets mostly fall on Tuesday
The JSE USD market closed on the Jamaica Stock Exchange with a moderate increase in the market index, the Main and Junior Markets declined in trading on Tuesday as the Junior Market closed moderately lower and the Main market with a larger decline as trading ended with the number and value of stocks changing hands falling, compared with the previous day, resulting in prices of 28 shares rising and 38 declining.
At the close of trading, the JSE Combined Market Index dropped 2,991.49 points to 328,761.07, the All Jamaican Composite Index sank 3,652.53 points to wrap up trading at 352,843.23, the JSE Main Index shed 3,035.29 points to close at 316,244.88. The Junior Market Index dipped 11.73 points to end at 3,673.59 and the JSE USD Market Index popped 0.23 points to 233.95.
At the close of trading, 36,121,615 shares were exchanged in all three markets, down from 295,800,813 units on Monday, with the value of stocks traded on the Junior and Main markets amounted to $271.59 million, well below the $811.40 million on the previous day and the JSE USD market closed with an exchange of 73,669 shares for US$5,026 compared to 193,327 units at US$18,349 on Monday.
In Main Market activity, JMMB Group 7.25% preference share due 2024 led trading with 17.0 million shares followed by Wigton Windfarm with 7.60 million units, Massy Holdings with 1.40 million stock units and Transjamaican Highway with 1.17 million units.
In the Junior Market, Fosrich led trading with 1.16 million shares followed by Dolla Financial with 665,331 and JFP Ltd with 591,969 stocks.
In the preference segment, Jamaica Public Service 7% shed $5.40 to close at $42.60.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21 on 2023-24 earnings and 12.7 times those for 2024-25 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
The chart should be used in making rational decisions when investing in stocks close to the average for the sector, 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 reported as a guide for investors to quickly assess the value of stocks based on this measure. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends paid or payable 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.
A second big trading day for Fosrich
Fosrich accounted for nearly 94 percent of trading on the Junior Market of the Jamaica Stock Exchange on Monday, following the trading of 117 million with the volume and the value of stocks traded, were moderately lower than the heightened levels on Friday with trading taking place in 45 securities compared with 43 previously and ending with prices of only eight rising, a massive 28 declining and nine closing unchanged.
The market ended with exchange of 118,786,848 shares for $248,220,254 compared with 121,305,240 units at $259,384,829 on Friday.
Trading averaged 2,639,708 shares at $5,516,006, compared with 2,821,052 units at $6,032,205 on Friday with the month to date, averaging 715,177 stock units at $1,533,469 up from 463,421 stock units at $1,012,497 on the previous trading day and April with an average of 204,118 units at $439,599.
Fosrich led trading with 111.13 million shares for 93.6 percent of total volume, down from 117 million on Friday followed by ONE on ONE Educational with 3.52 million stocks for 3 percent of the day’s trade and Jamaican Teas with 1.76 million units for 1.5 percent of the day’s trade.
At the close of trading, the Junior Market Index sank 43.17 points to end the day at 3,685.32 after falling 106 points in two days. The Investor’s Choice bid-offer indicator closed with a highly positive ratio that points to a big rally on Tuesday.
The Junior Market ended trading with an average PE Ratio of 11.9, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around August 2025.
Investor’s Choice bid-offer indicator shows 13 stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Access Financial climbed $1.25 to close at $21.10 with investors trading 11 shares, AMG Packaging shed 15 cents to end at $3.35 in switching ownership of 20,155 stocks, Blue Power fell 8 cents and ended at $3.63 after the trading of 15,244 shares. Caribbean Assurance Brokers declined 21 cents to end at $3.31, with 27,025 stock units crossing the market, Derrimon Trading sank 13 cents in closing at $1.87, with investors trading 1,003 shares, Dolla Financial skidded 7 cents to finish at $2.66 with 457,648 stock units changing hands. Honey Bun lost 29 cents to end at $7.61 after 4,674 stocks passed through the market, Indies Pharma dropped 20 cents to end at $2.52 with investors dealing in 5,516 units, ISP Finance dipped $1.49 to $28.01, with 102 stocks crossing the exchange.
Jamaican Teas slipped 32 cents to close at $2.05 with traders dealing in 1,755,759 shares, JFP Ltd lost 7 cents to finish at $1.13 as investors exchanged 35,746 stock units, KLE Group shed 29 cents and ended at $1.91 with 1,500 units clearing the market. Lasco Financial declined 7 cents to $1.62 with an exchange of 26,531 stocks, Limners and Bards sank 18 cents to finish at $1.26, with 1,870 shares crossing the market, Mailpac Group rose 6 cents and ended at $2.06 with investors transferring 72,869 stock units. Main Event slipped 44 cents to close at $13 after an exchange of 6,480 units, Medical Disposables fell 43 cents in closing at $1.85 with investors trading 34,744 shares, MFS Capital Partners dipped 17 cents to end at $1.26 after a transfer of 265,589 stock units.
One Great Studio skidded 7 cents in closing at 86 cents after 204,846 stocks passed through the market, ONE on ONE Educational dropped 10 cents to a 52 weeks’ low of 75 cents after an exchange of 3,519,161 units, Spur Tree Spices lost 9 cents to finish at $2.30 with a transfer of 456,263 shares. Tropical Battery shed 21 cents and ended at $2.12 in an exchange of 190,796 units and tTech gained 19 cents to close at $2.20 in an exchange of 146 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Tansjamaican & Fosrich dominate JSE trading
Transjamaican Highway closed with 172 million shares being traded and Fosrich, with 111 million shares pushed market activity sharply higher on Monday compared with trading on Friday at the close of the Jamaica Stock Exchange. At the close of trading the Main Market squeezed out a modest gain, with the Junior Market suffering a second day of sizable loss and the JSE USD market closed moderately lower as trading ended with the number and value of stocks changing hands jumping sharply over the previous trading day, resulting in prices of 25 shares rising and 51 declining.
At the close of trading, the JSE Combined Market Index rose 387.57 points to end at 331,752.56, the All Jamaican Composite Index rallied 299.17 points to close at 356,495.76, the JSE Main Index advanced 718.15 points to finish trading at 319,280.17. The Junior Market Index skidded 43.17 points to wrap-up trading at 3,685.32 and the JSE USD Market Index dipped 2.81 points to end trading at 233.72.
At the close of trading, 295,800,813 shares were exchanged in all three markets, up sharply from 137,437,210 units on Friday, with the value of stocks traded on the Junior and Main markets amounted to $811.40 million, well above the $397.68, million on the previous trading day and the JSE USD market closed with an exchange of 193,327 shares for US$18,349 compared to 24,785 units at US$735 on Friday.
In Main Market activity, Transjamaican Highway led trading with 172.15 million shares followed by Wigton Windfarm with 1.87 million units and Carreras with 686,809 stock units
In the Junior Market, Fosrich led trading with 111.13 million shares for 93.6 percent of total volume followed by ONE on ONE Educational with 3.52 million units for 3 percent of the day’s trade and Jamaican Teas with 1.76 million units
In the preference segment, no stock traded with a notable price change.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.3 on 2023-24 earnings and 12.3 times those for 2024-25 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
The chart should be used in making rational decisions when investing in stocks close to the average for the sector, 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 reported as a guide for investors to quickly assess the value of stocks based on this measure. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends paid or payable 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.
60% explosion for ICTOP10 stock of the week
Caribbean Assurance Brokers (CAB) surged a solid 60 percent at the close of the week, confirming ICInsider.com projections that placed it at the top of the ICTOP10 Junior Market list for the week. The stock which traded as high as $3.80 in the week, closed at $3.52 and still has much more to do, with ICInsider.com projecting earnings at 65 cents per share for this year.
Based on closing bids and offers for CAB, the price could pull back, with most buyers still trying to get stocks below $3. The first quarter results expected this week could change that, also expected are results for the majority of companies.
There are no new listings for the ICTOP10 Junior Market for the week but in the Main Market, Berger Paints returns to the ICTOP10, for the first time since August, last year, now with projected earnings of $1.60 for the current year following solid profit in the first quarter. The newly reported figures suggest that last year’s bad results may be behind it for now.
The stock jumped 45 percent in the week and ended with 13,461 units on offer at $7.23 with the rest at $11.50 and above, but it had weak buying interest at the close. Berger replaces Lasco Manufacturing which drops out of the TOP10, with a rise in price.
General Accident and Lasco Manufacturing jumped 8 percent to close at $6.99 and $5.47 respectively, in the Main Market IC TOP10, while Margaritaville rose 5 percent to $1 and Palace Amusement dropped 6 percent to $1.02. 
Junior Market ICTOP10 witnessed a 9 percent fall in tTech to close at $2.01, with Access Financial ending with a loss of 6 percent in closing at $19.85.
The average PE for the JSE Main Market ICTOP 10 stands at 5.2, well below the market average of 12.6 and the Junior Market TOP10 sits at 6.5, just over half of the market, with an average of 12.3.
The Main Market ICTOP10 is projected to gain an average of 290 percent by May 2025, based on 2024 forecasted earnings and providing better values than the Junior Market with the potential to achieve 217 percent over the same period.
In the Main Market ICTOP 10, a total of 15 of the most highly valued stocks representing 29 percent of the Main Market are priced at a PE of 15 to 91, with an average of 25 and 20 excluding the highest PE ratios, and a PE of 20 for the top half and 16 excluding the stocks with overweight values.
In the Junior Market IC TOP10 are 12 stocks, or 26 percent of the market, with PEs ranging from 15 to 43, averaging 20, well above the market’s average. 
The average PE in the top half of the market is 17, possibly the lowest fair value for stocks, currently.
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.
Fosrich dominates Junior Market trading
The Junior Market of the Jamaica Stock Exchange dropped sharply on Friday, with Junior Market Index plunging 62.76 points to end at 3,728.49 following trading in 43 securities compared with 42 on Thursday and ending with prices of 14 stocks rising, 19 declining and 10 closing unchanged accompanied by a big 1,701 percent jump in the volume of stocks traded, with a 1,912 percent surge in value over Thursday with Fosrich contributing most to trading on the overall stock exchange.
The market closed with trading of 121,305,240 shares for $259,384,829 compared with 6,736,179 units at $12,893,338 on Thursday.
Trading averaged 2,821,052 shares at $6,032,205 compared to 160,385 stock units at $306,984 on Thursday with trading month to date, averaging 463,421 stock units at $1,012,497 compared to 126,617 stock units at $295,396 on the previous day and April with an average of 204,118 units at $439,599.
Fosrich led trading with 117.31 million shares for 96.7 percent of total volume followed by ONE on ONE Educational with 1.35 million stocks for 1.1 percent of the day’s trade and Mailpac Group with 541,231 units for 0.4 percent market share.
The Junior Market ended trading with an average PE Ratio of 12.3, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around August 2025.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and three with lower offers.
At the close, Access Financial dropped $1.27 in closing at $19.85 with investors trading 6,435 shares, AMG Packaging rose 15 cents to $3.50 in an exchange of 1,013 stocks, Blue Power rallied 55 cents to end at $3.71, with 8 shares changing hands. Caribbean Assurance Brokers sank 30 cents and ended at $3.52 with an exchange of 548 stock units, Caribbean Cream popped 17 cents to $4.18 after 15,003 shares were traded, Consolidated Bakeries climbed 12 cents to end at $2.18 in switching ownership of 10 stocks. Dolphin Cove increased $1.02 to $21 after an exchange of 1,719 units, Express Catering advanced 15 cents and ended at $3.95 with a transfer of 5,063 stock units, Fontana slipped 15 cents to end at $8.80 with investors swapping 81,646 shares. GWest Corporation gained 12 cents in closing at $1.04 with 41,022 units clearing the market, 
Honey Bun popped 40 cents to close at $7.90 in trading 1,242 stocks, Indies Pharma rallied 9 cents to finish at $2.72 with 127,023 stock units crossing the market after the stock hit a 52 weeks’ intraday low of $2.25. KLE Group increased 28 cents to $2.20 with investors transferring 555 shares, Lumber Depot fell 11 cents to close at $2.71 after an exchange of 2,614 units, MFS Capital Partners declined 9 cents in closing at $1.43 after 14,383 stocks passed through the market. Regency Petroleum lost 6 cents to finish at $2.09 with traders dealing in 276,021 stock units, Tropical Battery shed 7 cents and ended at $2.33 as investors exchanged 4,130 shares and tTech skidded 25 cents to end at $2.01 with trading of 4,352 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.