Wigton Energy & Kintyre Holdings lead Friday’s trading


The Main and Junior Markets closed with gains on Friday on the Jamaica Stock Exchange but the JSE USD Market slipped out to end the week, following a rise in the volume and value of stocks passing through the markets, resulting in the prices of 43 shares rising, 38 declining and 27 remaining stable, with Wigton Energy and Kintyre Holdings leading the trading volume.

At the close of the market, the JSE Combined Market Index climbed by 487.85 points to 337,176.31, the All Jamaican Composite Index advanced 772.27 points to conclude trading at 377,974.18, the JSE Main Index rallied 264.31 points to wrap up trading at 325,959.06, the Junior Market Index popped 32.82 points to end at 3,551.77 and the JSE USD Market Index shed 4.16 points to wrap up trading at 235.04.
At the close of trading, 38,773,691 shares were exchanged in all three markets, up from 17,542,788 units on Thursday, with the value of stocks traded on the Junior and Main markets amounted to $171 million, well over the $119.38 million on the previous day and the JSE USD market closed with an exchange of 694,093 shares for US$93,230 compared to 297,049 units at US$114,196 on Thursday.
In Main Market activity, Wigton Energy led with 6.12 million shares followed by Jamaica Producers with 2.61 million stocks and JMMB Group 7.35% – 2028 with 1.67 million units.
In Junior Market trading, Kintyre Holdings led with 10.96 million shares followed by ONE on ONE Educational with 2.95 million stocks and Mailpac Group with 2.34 million units.
In the preference segment, Jamaica Public Service 9.5% slipped $40 to end at $2,650, 138 Student Living preference share fell $5 in closing at $285 and Sygnus Credit Investments C10.5% dropped $2.95 to $97.
The market’s PE ratio, the most popular measure used to value stocks, ended at 12.6 based on 2025-26 earnings and 19.4 based on 2024 historical earnings. The ICInsider.com PE ratio chart and the other more detailed daily charts provide investors with regularly updated information to help decision-making. The PE ratio chart covers all ordinary shares 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 necessary, to successfully navigate numerous investment options in the stock market. The chart should be employed in making rational decisions when investing in stocks close to the average of the sector and not deviating 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 pulls back on the Jamaica Stock Exchange


Guardian Holdings jumped $11.99 to $300 as trading closed Thursday on the Jamaica Stock Exchange with a fall in the volume and the value of stocks exchanged than on Wednesday, ending with prices of 37 shares rising, 42 declining and 26 remaining firm, resulting in all the major market indices declining.

At the close of the market, the JSE Combined Market Index skidded 1,423.62 points to 336,688.46, the All Jamaican Composite Index sank 1,694.22 points to 377,201.91, the JSE Main Index lost 1,421.60 points to 325,694.75, the Junior Market Index fell 8.94 points to end at 3,518.95 and the JSE USD Market Index dipped 0.89 points to 239.20.
At the close of trading, 17,542,788 shares were exchanged in all three markets, well down from 51,449,996 units on Wednesday, with the value of stocks traded on the Junior and Main markets amounted to $119.38 million, down from $498.42 million on the previous day and the JSE USD market closed with an exchange of 297,049 shares for US$114,196 compared to 648,148 units at US$24,798 on Wednesday.
In Main Market activity, Wigton Energy led trading with 2.94 million shares followed by Transjamaican Highway with 1.83 million stocks and Massy Holdings with 991,529 units.
In Junior Market trading, Kintyre Holdings led with 2.74 million shares followed by MFS Capital Partners with 2.29 million stocks and Lasco Financial with 1.80 million units.
In the preference segment, 138 Student Living preference share increased $34.99 to finish at $290 and Sygnus Credit Investments C10.5% climbed $3.95 and ended at $100.
The market’s PE ratio, the most popular measure used to value stocks, ended at 12.6 based on 2024-25 earnings and 19.4 based on 2024 historical earnings. The ICInsider.com PE ratio chart and other more detailed daily charts provide updated data to help in decision-making. The PE ratio chart covers all ordinary shares that are listed on the Jamaica Stock Exchange and are 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.

Slippage for Junior Market


The Junior Market of the Jamaica Stock Exchange closed on Thursday, with a 6 percent rise in the volume of stocks traded with a 26 percent lower value than Wednesday, following trading in 41 securities as was the case on Wednesday and ended with prices of 19 rising, 15 declining and seven closing unchanged.
Trading closed with three stocks trading at 52 weeks’ lows, with Edufocal falling by 1 cent to 23 cents, Image Plus slipping by a cent to close at $1.18 and MFS Partners down 5 cents to 38 cents. Investors traded 9,855,862 shares for $9,421,929 compared with 9,257,198 units at $12,706,033 on Wednesday. Trading averaged 240,387 shares at $229,803 compared to 225,785 stocks at $309,903 on Wednesday with the month to date, averaging 182,535 units at $295,789 versus 174,602 stock units at $304,838 on the previous day and February with an average of 246,071 shares at $454,487. Kintyre Holdings led trading with 2.74 million shares for 27.8 percent of total volume followed by MFS Capital Partners which ended with 2.29 million stocks for 23.2 percent of the day’s trade and Lasco Financial with 1.80 million units for 18.3 percent of the day’s volume. At the close of trading, the Junior Market Index dipped 8.94 points to 3,518.95. The Investor’s Choice bid-offer indicator shows 11 stocks ending with bids higher than their last selling prices and three with lower offers. The Junior Market ended trading with an average PE Ratio of 13.9, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025. At the close, Blue Power rose 7 cents to $5.37 with the trading of 15,000 stocks, Consolidated Bakeries fell 16 cents to $1.79 with 45 stocks crossing the market, Dolla Financial popped 8 cents in closing at $2.78 with investors dealing in 22,416 shares. Dolphin Cove rallied 33 cents to finish at $17.23 in an exchange of 250 stock units, Elite Diagnostic rose 12 cents to end at $1.63 after 2,857 shares passed through the market, Indies Pharma fell 6 cents to close at $3.31 in switching ownership of 18,000 stocks. Jamaican Teas declined 15 cents to $2.15 with 18,172 units clearing the market, Jetcon Corporation lost 7 cents to finish at $1.06 in trading 53,137 stock units, Knutsford Express gained 43 cents and ended at $14.23 with 745 shares crossing the market. Limners and Bards slipped 9 cents to close at $1.11 with traders dealing in 28,279 stocks, Mailpac Group sank 6 cents in closing at $2.35 in an exchange of 640,295 units, Main Event increased 20 cents to end at $11 with investors trading 13,945 stock units. Medical Disposables advanced 18 cents to $1.53 after a transfer of 8,102 shares and RA Williams skidded 7 cents to end at 67 cents with investors trading 46,430 units. Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading drops on Junior Market


Trading closed on the Junior Market of the Jamaica Stock Exchange on Wednesday, with a 15 percent decline in the volume of stocks traded, with a 30 percent lower value than Tuesday from trading in 41 securities down from 44 on Tuesday and ending with prices of 10 rising, 23 declining and eight closing unchanged.

The market closed with trading of 9,257,198 shares for $12,706,033 down from 10,891,843 stock units at $18,155,914 on Tuesday.
Trading averaged 225,785 shares at $309,903 below the 247,542 stock units valued at $412,634 on Tuesday with the month to date, averaging 174,602 units valued at $304,838 in line with 166,468 stock units at $304,033 on the previous day and lower than February with an average of 246,071 shares at $454,487.
MFS Capital Partners led trading with 2.02 million shares for 21.8 percent of the total volume followed by Kintyre Holdings with 1.74 million units for 18.8 percent of the day’s trade and ONE on ONE Educational with 934,062 stocks for 10.1 percent of the volume traded.
At the close of trading, the Junior Market Index sank 32.31 points to end trading at 3,527.89. The Investor’s Choice bid-offer indicator shows nine stocks ending with bids higher than their last selling prices and seven with lower offers.
The Junior Market ended trading with an average PE Ratio of 13.9, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close, Access Financial sank 64 cents to $16.32 after a transfer of 3,915 shares, Blue Power dipped 7 cents to close at $5.30 after 1,009 stocks were traded, Caribbean Assurance Brokers popped 39 cents and ended at $2.77 after an exchange of 2,994 shares, while Caribbean Cream gained 31 cents to finish at $2.48 with 789 stocks crossing the market, Derrimon Trading lost 10 cents to end at $1.85 in an exchange of 648,490 shares, Dolla Financial also declined by 10 cents in closing at $2.70 with investors trading 730,582 stock units. Dolphin Cove fell $2.50 to $16.90 with 26,100 stocks clearing the market, Express Catering dipped 25 cents in closing at $2.70 with traders dealing in 56,603 units, Future Energy sank 10 cents to close at $3.16 after an exchange of 548,118 stocks. Honey Bun likewise slipped 10 cents and ended at $7.80 with investors dealing in 10,973 units, Indies Pharma skidded 18 cents to finish at $3.37 in an exchange of 3,263 shares, ISP Finance climbed $3.02 to end at $30 as 865 stock units passed through the market. Jamaican Teas rose 19 cents to $2.30 as investors exchanged 2,784 shares, Kintyre Holdings shed 8 cents to close at 30 cents with a transfer of 1,739,918 stock units, Knutsford Express gained $1 in closing at $13.80 in trading 14 stock units. Regency Petroleum rallied 9 cents to end at $3.09 with 38,333 stocks changing hands, Spur Tree Spices lost 6 cents and ended at $1.30 in trading 57,260 units and Tropical Battery fell 9 cents to finish at $2.56 with 17,065 stocks crossing the market.

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

Trading jumps on Jamaica Stock Exchange


Activity surged on the Jamaica Stock Exchange on Wednesday with a giant rise in the volume and value of stocks exchanged, compared to Tuesday, resulting in Main Market indices and the Junior Market index declining and the JSE USD Market rising. At the end of trading the prices of 28 shares rose, 60 declined and 21 remained firm.

At the close of the market, the JSE Combined Market Index declined 1,664.06 points to 338,112.08, the All Jamaican Composite Index shed 2,456.91 points to 378,896.13, the JSE Main Index dropped by 1,497.96 points to 327,116.35, the Junior Market Index skidded 32.31 points to 3,527.89 and the JSE USD Market Index climbed 2.53 points to finish at 240.09.
At the close of trading, 51,449,996 shares were exchanged in all three markets, up from 29,654,488 units on Tuesday, with the value of stocks traded on the Junior and Main markets amounting to $498.42 million, up from $90 million on the previous day and the JSE USD market closed with an exchange of 648,148 shares for US$24,798 compared to 266,132 units at US$92,122 on Tuesday.
In Main Market activity, JMMB Group 10% preferred shares led with 21.52 million shares followed by Transjamaican Highway with 6.98 million stocks and GraceKennedy with 5.21 million units.
In Junior Market trading, MFS Capital Partners led with 2.02 million shares followed by Kintyre Holdings with 1.74 million stocks and ONE on ONE Educational with 934,062 units.
In the preference segment, 138 Student Living preference share dropped $40.07 to finish at $255, Productive Business Solutions 10.5% preference share sank $50 and ended at $1,000 and Sygnus Credit Investments C10.5% declined $3.95 to $96.
The market’s PE ratio, the most popular measure used to value stocks, ended at 12.6 based on 2024-25 earnings and 19.5 based on 2024 historical earnings. The ICInsider.com PE ratio chart and the other more detailed daily charts provide investors with regularly updated information to help decision-making. The PE ratio chart covers all ordinary shares 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.

Gains for Junior Market


Trading activity closed on the Junior Market of the Jamaica Stock Exchange Tuesday, with a 26 percent rise in the volume of stocks traded, resulting in a 43 percent rise in value than on Monday with trading in 44 securities compared with 42 on Monday and ending with prices of 16 rising, 21 declining and seven closing unchanged.

The market closed with trading of 10,891,843 shares for $18,155,914 compared with 8,632,988 units at $12,700,175 on Monday.
Trading averaged 247,542 shares at $412,634 compared with 205,547 stocks at $302,385 on Monday with a month to date average of 166,468 units at $304,033 compared with 149,799 stock units at $281,703 on the previous day and February with an average of 246,071 shares at $454,487.
Kintyre Holdings led trading with 1.86 million shares for 17.1 percent of total volume followed by MFS Capital Partners which ended with 1.81 million stocks for 16.7 percent of the day’s trade, ONE on ONE Educational closed with 1.30 million stocks for 11.9 percent of the volume traded and Fosrich with 1.30 million units for 11.9 percent of traded securities.
At the close of trading, the Junior Market Index gained 15.57 points to cease trading at 3,560.20. The Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and four with lower offers.
The Junior Market ended trading with an average PE Ratio of 13.7, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close, AMG Packaging gained 9 cents and ended at $2.84 after closing with trading of 5,129 stocks, Cargo Handlers slipped 55 cents in closing at $11.50 after  an exchange of 27,715 stock units, Caribbean Assurance Brokers sank 42 cents in closing at $2.38 with traders dealing in 2,345 units. Caribbean Cream skidded 38 cents to end at $2.17 in switching ownership of 738 stocks, Dolphin Cove climbed $1.40 to close at $19.40 with investors swapping 263,498 shares, Everything Fresh rose 20 cents to finish at $2.05 after an exchange of 362 stock units. Future Energy gained 14 cents and ended at $3.26 with investors dealing in 279,328 units, Indies Pharma popped 18 cents to $3.55 after an exchange of 7,551 stocks, Iron Rock Insurance sank 75 cents to end at $3 with investors trading 2,000 shares. ISP Finance advanced $4.02 in closing at $26.98 with 324 stock units crossing the market, Jamaican Teas shed 11 cents to finish at $2.11 as investors exchanged 197,571 units, KLE Group rallied 13 cents to close at $1.23 as 1,185 stocks passed through the market. Knutsford Express popped 6 cents to $12.80 in trading 13,951 units, Mailpac Group advanced 10 cents to finish at $2.45 with 183,430 stocks changing hands, Paramount Trading rose 12 cents and ended at $1.12 in an exchange of 86,987 shares. Regency Petroleum declined 7 cents to close at $3 in trading 271,709 stock units and Spur Tree Spices lost 19 cents in closing at $1.36 with 43,046 shares crossing the market.

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

Gains for Main & Junior Markets


Trading closed Tuesday on the Jamaica Stock Exchange with a rise in the volume of stocks exchanged, with a greater value than on Monday, resulting in the major Main Market and the Junior Market index rising and the JSE USD Market climbing. At the end of trading the prices of 42 shares rose, 46 declined and 27 remained firm.

At the close of the market, the JSE Combined Market Index advanced 2,735.95 points to close at 339,776.14, the All Jamaican Composite Index dropped 881.85 points to end at 381,353.04, the JSE Main Index climbed 2,744.12 points to settle at 328,614.31, the Junior Market Index rose 15.57 points to 3,560.20 and the JSE USD Market Index declined 0.30 points to 237.56.
At the close of trading, 29,654,488 shares were exchanged in all three markets, up from 18,004,686 units on Monday, with the value of stocks traded on the Junior and Main markets amounted to $90million, up from $86.75 million on the previous day and the JSE USD market closed with an exchange of 266,132 shares for US$92,122 compared to 699,719 units at US$22,846 on Monday.
In Main Market activity, Sagicor Select Financial Fund led with 6.29 million shares followed by Wigton Energy with 6.03 million stocks and Transjamaican Highway with 1.58 million units.
In Junior Market trading, Kintyre Holdings led with 1.86 million shares followed by MFS Capital Partners with 1.81 million stocks and ONE on ONE Educational with 1.30 million units.
In the preferred segment, Eppley 7.25% preference share increased $2.03 to close at $19, at the same time 138 Student Living preference share climbed $35.83 to end at $295 and Productive Business Solutions 10.5% preference share rose $50 and ended at $1,050.
The market’s PE ratio, the most popular measure used to value stocks, ended at 12.7 based on 2025-26 earnings and 19.6 based on 2024-25 historical earnings. The ICInsider.com PE ratio chart and the other more detailed daily charts provide investors with regularly updated information to help decision-making. The PE ratio chart covers all ordinary shares 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.

Trading jumped on the Junior Market

Trading activity closed on the Junior Market of the Jamaica Stock Exchange Monday, with a 42 percent jump in the volume of stocks traded and a 27 percent rise in the value compared to Friday following trading in 42 securities down from 45 on Friday and ending with prices of 15 rising, 20 declining and seven closing unchanged.

The market closed with trading of 8,632,988 shares for $12,700,175 compared with 6,078,064 units at $10,022,406 on Friday.
Trading averaged 205,547 shares at $302,385 up from 135,068 stock units at $222,720 on Friday with the month to date, averaging 149,799 units at $281,703 just above the 136,186 stock units at $276,653 on the previous trading day compared with February with an average of 246,071 shares at $454,487.
EduFocal led trading with 1.91 million shares for 22.1 percent of total volume followed by Fosrich which ended with 1.21 million stocks for 14 percent of the day’s trade and Kintyre Holdings with 1.14 million units for 13.3 percent of stocks traded.
At the close of trading, the Junior Market Index skidded 5.32 points to settle at 3,544.63. The Investor’s Choice bid-offer indicator shows 14 stocks ending with bids higher than their last selling prices and three with lower offers.
The Junior Market ended trading with an average PE Ratio of 13.6, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close, Access Financial rallied 36 cents to end at $16.96 with 30 stocks clearing the market, AMG Packaging declined by 15 cents to $2.75 in an exchange of 22,783 shares, Cargo Handlers popped 52 cents in closing at $12.05 clearing the market with 3,719 stocks clearing the market. Caribbean Cream increased 40 cents to finish at $2.55 after a transfer of 5,427 units, Caribbean Flavours lost 7 cents to close at $1.23 with 1,755 shares crossing the exchange, Dolla Financial skidded 15 cents to end at $2.75 with investors trading 197,198 units. Dolphin Cove climbed $1 in closing at $18 after an exchange of 52,334 stocks, Express Catering rose 19 cents to $2.99 after 2,126 stock units passed through the market, Fosrich sank 8 cents and ended at $2.12 after investors exchanged 1,205,280 shares. Future Energy dipped 16 cents to close at $3.12 and closed with an exchange of 408,296 stocks, Honey Bun fell 8 cents to finish at $7.90 with a transfer of 1,424 units, Indies Pharma dropped 18 cents to end at $3.37 with 3,818 stock units changing hands. ISP Finance shed $4.04 in closing at $22.96 in an exchange of 1,038 shares, Jamaican Teas fell 13 cents to $2.22 in trading 71,934 stocks, Knutsford Express advanced 51 cents and ended at $12.74 in switching ownership of 5,942 units. Omni Industries gained 6 cents to finish at 97 cents with investors trading 19,857 stock units and RA Williams popped 15 cents to close at 76 cents in an exchange of 2,000 shares.

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

JSE Main & Junior Markets drop USD rises


Trading closed Monday on the Jamaica Stock Exchange with a fall in the volume of stocks exchanged, having a lower value than Friday. At the close, the Main Market major indices and the Junior Market index fell and the JSE USD Market rose, resulting from the prices of 38 shares rising, 48 declining and 25 remaining firm.

At the close of the market, the JSE Combined Market Index lost 2,910.24 points to end at 337,040.19, the All Jamaican Composite Index rose 1,196.35 points to 382,234.89, the JSE Main Index dropped 3,003.13 points to 325,870.19, the Junior Market Index fell 5.32 points to finish at 3,544.63 and the JSE USD Market Index enjoyed a healthy rally with a bounce of 16.36 points to settle at 237.86.
At the close of the market on Monday, a total of 18,004,686 shares were exchanged in all three markets, down from 23,374,881 units on Friday, with the value of stocks traded on the Junior and Main markets amounted to $86.75 million, well below the $299.11 million on the previous day and the JSE USD market closed with an exchange of 699,719 shares for US$22,846 compared to 1,177,910 units at US$32,735 on Friday.
In Main Market activity, Transjamaican Highway led with 3.57 million shares followed by Wigton Energy with 890,204 stocks and Sagicor Select Financial Fund with 707,529 units.
In Junior Market trading, EduFocal led with 1.91 million shares followed by Fosrich with 1.21 million stocks and Kintyre Holdings with 1.14 million units.
In the preferred shares segment, Eppley 7.25% preference share fell $2.03 and ended at $17 and Productive Business Solutions 10.5% preference share climbed $20 to $1,000.
The market’s PE ratio, the most popular measure used to value stocks, ended at 12.6 based on 2024-25 earnings and 19.3 based on 2024 earnings. The ICInsider.com PE ratio chart and the other more detailed daily charts provide investors with regularly updated information to help decision-making. The PE ratio chart covers all ordinary shares 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.

Berger drops out of ICTOP10


Berger Paints dropped out of ICTOP10 this past week, with a gain of 2 percent, following the release of full year results that are lower than ICInsider.com’s forecast, but 2025 is poised to be better, as some costs fade away and revenue rises. The week reflects a market caught up with investors who have sold stocks to help fund two ordinary share offerings in a week when the main market had just one change and none for the Junior Market.

The week closed with prices of only 2 stocks rising and 7 declining in the Junior Market ICTOP10 while the Main Market ICTOP10 ended with one winner and 5 losers.
In the Junior Market ICTOP10, Dolphin Cove rebounded sharply from its recent fall, with a 21 percent climb during the week to $17. Express Catering dropped 11 percent to $2.80, Access Financial declined by 6 percent to $16.60 and Elite Diagnostic fell 4 percent to $1.51.
In the Main Market ICTOP10, QWI Investments fell 8 percent to 77 cents while 138 Student Living, Jamaica Broilers and NCB Financial fell by 5 percent to close at $3.80, $35.40 and $45.35 respectively.
The All JSE ICTOP10, compiled from all listed ordinary stocks on the Jamaica Stock Exchange ended the week with Berger Paints falling out and replaced by Caribbean Producers.
There is no change to the Junior Market ICTOP10 while Berger Paints dropped out of the Main Market ICTOP10 and was replaced by GraceKennedy after a long absence, with the company reporting earnings for 2024 that rose 8 percent to $8.43. The company’s new CEO Frank James seems bullish on earnings for 2025, he indicated that a look at the 2024 segment accounts shows“ the food segment which is by far the largest and most profitable segment of our business is growing profits at 22 percent, banking and investments at 26 percent in the insurance at 8 percent as you pointed out remittances where we lost some ground and as you also point out there are some external factors however as indicated in the stockholders report we have made significant investments in digital which will pay off in this area as such while 2024 had some exceptions we are in good in growth mode,” he concluded.
The average PE for the JSE Main Market ICTOP 10 sits at just 5.7, well below the market average of 15.2 and the Junior Market TOP10 stands at 7.7, more than half of the market, with an average of 13.8.
Based on the earnings estimates for 2024, the Main Market ICTOP10 is projected to gain an average of 254 percent by May 2025, providing better values than the Junior Market, projected to achieve a 176 percent increase for the same period.
In the Main Market ICTOP 10, there are 19 stocks with the highest values representing 37 percent of the Main Market, with PEs between 15 to 43, with an average of 21 and a PE of 20 for the top half of the market with the highest values.
In the Junior Market IC TOP10, 13 stocks or 27 percent of the market have PEs ranging from 15 to 31 with an average of 19 and a PE of 15 for half of the market with the highest PEs.
ICTOP10 focuses on likely yearly winners, accordingly, the list includes some of the best companies in the market, but this is not always the case as some weaker companies may be oversold and therefore end up in the list. 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 the receipt of new information.

Persons who compiled this report may have an interest in securities commented on in this report.