MFS Capital dominant Junior Market trade


After weeks of suspension, MFS Capital Partners heads trading activity on the Junior Market of the Jamaica Stock Exchange on Friday, with just over 28 percent of the volume exchanged and contributed in a major way in staving off a bigger decline than the 2 percent fall in the volume of stocks traded, but could not prevent a steep 34 percent drop in value compared to Thursday following trading in 45 securities compared with 44 on Thursday and ending with prices of 13 rising, 21 declining and 11 closing unchanged.

The market closed with trading of 6,078,064 shares for $10,022,406 down from 6,215,396 units at $15,198,884 on Thursday.
Trading ended in an average of 135,068 shares at $222,720 notably below the 141,259 stocks at $345,429 on Thursday with a month to date, average of 136,186 units at $276,653 almost in line with 136,582 stock units at $295,763 on the previous day and well off from February with an average of 246,071 shares at $454,487.
MFS Capital Partners led trading with 1.72 million shares for 28.3 percent of total volume with the stock closing at a 52 weeks’ low of 50 cents, followed by Mailpac Group which ended with 898,950 units for 14.8 percent of the day’s trade and Lumber Depot with 751,407 stocks for 12.4 percent of the volume traded.
At the close of trading, the Junior Market Index rose 14.21 points to wrap up trading at 3,549.95 after spiking just over 65 points in reaching 3,600.14 within 26 minutes after opening. The Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than their last selling prices and six with lower offers.
The Junior Market ended trading with an average PE Ratio of 13.8, based on the last traded prices in conjunction with ICInsider.com projected earnings for the financial years ending around August 2025.
At the close, Access Financial advanced 10 cents to close at $16.60 with 10 shares clearing the market, AMG Packaging skidded 10 cents to $2.90 with investors dealing in 16,874 stock units, Blue Power rose 34 cents to end trading at $5.37 after an exchange of 20,698 shares. Cargo Handlers climbed 46 cents in closing at $11.53 with 2,176 stock units crossing the market, Caribbean Assurance Brokers increased 25 cents to finish at $2.75 with traders dealing in 18,208 shares, Caribbean Cream lost 19 cents and ended at a 52 weeks’ low of $2.15 with 8,393 stocks crossing the exchange. Consolidated Bakeries popped 9 cents to $1.98 with investors trading 2,348 units, Dolla Financial gained 10 cents to finish at $2.90 in exchanging 423,921 stock units, Dolphin Cove ended the trading of 8,186 shares and rallied 71 cents after closing at $17 in recovering much of the losses over the past two weeks that saw the price hitting a 52 weeks’ low of $11.90. Express Catering shed 33 cents to close at $2.80 after investors exchanged 5,219 stock units, Indies Pharma increased 46 cents in closing at $3.55 after 55,536 stocks passed through the market, Lasco Financial sank 6 cents to end at $1.59 with investors trading 21,139 units. Mailpac Group slipped 30 cents to $2.31 in switching ownership of 898,950 stocks, Main Event sank 20 cents to end at $10.80 with investors swapping 4,871 shares, One Great Studio declined 6 cents in closing at 45 cents with 357,662 stock units crossing the market. RA Williams fell 9 cents to close at a 52 weeks’ low of 61 cents in trading 112,407 units and Tropical Battery climbed 20 cents and ended at $2.69 after an exchange of 19,067 stocks.

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

Trading surge for Jamaican listed stocks


Trading picked up on Friday over Thursday’s levels on the Jamaica Stock Exchange with a rise in the volume of stocks exchanged carrying a greater value than on Thursday and resulting in the Main Market major indices and the Junior Market index rising and the JSE USD Market falling. At the end of trading the increased trading activity pushed prices of 42 shares higher, 40 lower and 28 remaining firm.

At the close of the market, the JSE Combined Market Index increased 1,760.22 points to wrap up trading at 339,950.43, the All Jamaican Composite Index climbed 1,628.08 points to 381,038.54, the JSE Main Index gained 1,734.11 points to end at 328,873.32, the Junior Market Index rose 14.21 points to settle at 3,549.95 and the JSE USD Market Index slipped 1.26 points to 221.50.
At the close of trading, 23,374,881 shares were exchanged in all three markets, up from 16,802,695 units on Thursday, with the value of stocks traded on the Junior and Main markets amounted to $299.11 million, up from $80.27 million on the previous day and the JSE USD market closed with an exchange of 1,177,910 shares for US$32,735 compared to 577,225 units at US$58,717 on Thursday.
In Main Market activity, Kingston Wharves led with 4.0 million shares followed by Sagicor Select Financial Fund with 2.27 million stocks and Transjamaican Highway with 2.21 million units.
In Junior Market trading, MFS Capital Partners led with 1.72 million shares followed by Mailpac Group with 898,950 stocks and Lumber Depot with 751,407 units.
In the preference segment, 138 Student Living preference share fell $10.75 to $259, Productive Business Solutions 10.5% preferred share gained $87 to end at $980, Sygnus Credit Investments 10% lost $4.73 in closing at $111 and Sygnus Credit Investments C10.5% declined $2 to finish at $100.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.6 based on 2024-25 earnings and 19.5 based on 2023-24 historical earnings. The ICInsider.com PE ratio chart and the other more detailed daily charts provide investors with information that is updated regularly to help decision-making. The PE ratio chart covers all ordinary shares listed on Jamaica Stock Exchange, that 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.

Trading climbs on Junior Market


Trading closed on the Junior Market of the Jamaica Stock Exchange at the end of Thursday, with a 56 percent rise in the volume of stocks traded, along with a 104 percent jump in value compared with Tuesday resulting from trading in 44 securities up from just 39 on Tuesday and ending with prices of 12 rising, 19 falling and 13 closing unchanged.

The market closed with trading of 6,215,396 shares for $15,198,884 up from 3,975,497 stock units at $7,451,520 on Tuesday.
Trading averaged 141,259 shares at $345,429 well over the 101,936 stocks exchanged at $191,065 on Tuesday and resulting in the month to date, averaging 136,582 units at $295,763 compared with 134,103 stocks at $269,434 on the previous trading day and February that closed with an average of 246,071 shares at $454,487.
Indies Pharma led trading with 1.07 million shares for 17.2 percent of total volume followed by Everything Fresh which ended with 946,403 units for 15.2 percent of the day’s trade and Express Catering with 602,987 stocks for 9.7 percent of the volume traded.
At the close of trading, the Junior Market Index sank 27.68 points to wrap up trading at 3,535.74. The Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than their last selling prices and one with a lower offer.

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 $1.06 to close at $16.50 with 2,263 stock units clearing the market, Blue Power dipped 35 cents to $5.03 with investors trading 1,061 shares, CAC 2000 fell 25 cents and ended at $1.94 with 3,496 units crossing the market. Dolphin Cove popped $1.29 to finish at $16.29 trading 91,328 stocks, Everything Fresh declined 19 cents to end at $1.86 with a transfer of 946,403 shares, Express Catering advanced 33 cents and closed at $3.13 with 602,987 stock units changing hands, with the stock price hitting an intraday 52 weeks’ low of $2.70. Fontana sank 8 cents to $8.90 with 64,385 units crossing the exchange, Indies Pharma dropped 56 cents to end at $3.09 with investors dealing in 1,071,509 stocks, ISP Finance shed 32 cents in closing at $27 with 59 shares crossing the market. Knutsford Express lost 47 cents to finish at $12.28 after an exchange of 2,001 stocks, Lasco Financial rose 6 cents and ended at $1.65 after 37,646 units were traded, Limners and Bards slipped 14 cents to close at $1.16 with an exchange of 142,498 stock units. Main Event rallied 20 cents to $11 after a mere 306 shares passed through the market, Regency Petroleum skidded 8 cents and ended at $3.10 after a transfer of 80,551 stocks, Spur Tree Spices increased 9 cents to finish at $1.59 with traders dealing in 19,617 units and Tropical Battery sank 21 cents to end at $2.49 in an exchange of 168,974 stock units.

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

Trading plunges on the JSE Markets


Trading resumed on Thursday after the closing of the Jamaica Stock Exchange for the Ash Wednesday holiday and ended with a fall in the volume and value of stocks exchanged, following the big trade in Pan Jamaica shares on Tuesday resulting from Boswell Investments splitting their holdings in Pan Jamaica into separate owners. Trading resulted in a slide in major indices and ended trading with the prices of only 30 shares rising, 53 declining and 30 remaining firm.

At the close of the market, the JSE Combined Market Index slipped 648.47 points to conclude trading at 338,190.21, the All Jamaican Composite Index sank 1,140.91 points to end at 379,410.46, the JSE Main Index declined 470.75 points to 327,139.21, the Junior Market Index fell 27.68 points to end at 3,535.74 and the JSE USD Market Index slipped 1.13 points to finish at 222.76.
At the close of trading, 16,802,695 shares were exchanged in all three markets, down from 361,644,788 units on Tuesday, with the value of stocks traded on the Junior and Main markets amounted to $80.27 million well off from $17.35 billion on the previous day and the JSE USD market closed with an exchange of 577,225 shares for US$58,717 up from 233,083 units at US$9,836 on Tuesday.
In Main Market activity, Transjamaican Highway led with 3.29 million shares followed by Wigton Energy with 1.09 million stocks and Sagicor Select Financial Fund with 602,322 units.
In Junior Market trading, Indies Pharma led with 1.07 million shares followed by Everything Fresh with 946,403 stocks and Express Catering with 602,987 units.
In the preference segment, Eppley 7.75% preference share advanced $1.99 to end at $20 and 138 Student Living preference share sank $49.81 in closing at $270.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.6 based on 2024-25 earnings and 19.6 based on 2023-24 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 the ordinary shares that are quoted on the Jamaica Stock Exchange and grouped by industry, allowing for easy comparisons within a sector and the overall market. The earnings per share (EPS) and PE ratios are based on 2024 and 2025 actual or projected earnings, excluding any major one time income or expense.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The chart should be used in making rational decisions when investing in stocks close to the sector average, not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock. The net asset value of each company is incorporated into the chart. Investors can use this measure in assessing stock values. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends that are paid or are due to be paid and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.

Trading drives on Junior Market


Trading activity fell on the Junior Market of the Jamaica Stock Exchange Tuesday, with a 44 percent fall in the volume of stocks traded, with a 50 percent lower value than Monday following trading in 39 securities down from 44 on Monday and ending with prices of 12 rising, 17 declining and 10 closing unchanged.

The market closed with the trading of 3,975,497 shares for $7,451,520 down from 7,155,019 units at $14,911,504 on Monday.
Trading averaged 101,936 shares at $191,065 well below 162,614 stocks at $338,898 on Monday with the month to date averaging 134,103 stock units at $269,434 down from February ending with an average of 246,071 shares at $454,487.
ONE on ONE Educational led trading with 649,818 shares for 16.3 percent of total volume followed by Jamaican Teas which ended with 445,140 units for 11.2 percent of the day’s trade and JFP Ltd with 335,010 stocks for 8.4 percent of the volume traded.
At the close of trading, the Junior Market Index held on to 3.14 points to conclude trading at 3,563.42 after the market traded above 3,600 points in the morning session. The Investor’s Choice bid-offer indicator shows eight 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 13.2, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close, Caribbean Assurance Brokers sank 24 cents to $2.50 after 75,435 stocks passed through the market, Caribbean Cream lost 42 cents in closing at $2.31 with 29,810 changing hands, Caribbean Flavours sank 7 cents to close at $1.25 after an exchange of 33,482 shares. Dolla Financial fell 7 cents to finish at $2.83 after 84,290 stock units were traded, Dolphin Cove increased $1 and ended at $15 after the trading of 53,304 shares, Elite Diagnostic shed 12 cents to end at $1.51 with 211,221 units crossing the market. Express Catering dropped 20 cents in closing at a 52 weeks’ low of $2.80 in switching ownership of 10,000 stocks, Fosrich declined 9 cents to $2.20 with 264,704 stock units crossing the exchange, Honey Bun popped 15 cents to finish at $8 with investors dealing in 4,089 shares. Indies Pharma skidded 9 cents and ended at $3.65 in an exchange of 202,053 units,  ISP Finance spiked $6.15 to close at $27.32 with traders dealing in 150 stocks, Jamaican Teas rose 22 cents to end at $2.43 as investors exchanged 445,140 units. Jetcon Corporation advanced 13 cents in closing at $1.13 with 2,222 shares crossing the market, JFP Ltd slipped 8 cents to 72 cents after an exchange of 335,010 units, Knutsford Express gained 54 cents to finish at $12.75 with investors swapping 875 stocks and Limners and Bards climbed 15 cents and ended at $1.30 with an exchange of 160,556 stock units.

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

Pan Jamaica trades 344 million shares


Trading surged on Tuesday following a big exchange in Pan Jamaica shares, accounting for 344.37 million units valued at $17.3 billion on the Jamaica Stock Exchange, sending the volume of stocks exchanged in the market well above that on Monday, with the value surging higher. Trading ended with the Main Market major indices falling, the Junior Market index inching higher and the JSE USD Market slipping.

At the end of trading the prices of 32 shares rose, 40 declined and 28 remained firm.
At the close of the market, the JSE Combined Market Index declined by 2,031.67 points to 338,838.68 while the All Jamaican Composite Index dropped 3,473.21 points to wrap up trading at 380,551.37, the JSE Main Index declined 2,147.94 points to finish at 327,609.96, the Junior Market Index gained 3.14 points to end at 3,563.42 and the JSE USD Market Index fell 0.37 points to finish at 223.89.
At the close of trading, 361,644,788 shares were exchanged in all three markets, up sharply from 20,780,018 units on Monday, with the value of stocks traded on the Junior and Main markets amounted to $17.35 billion, in contrast to just $81.49 million on the previous day and the JSE USD market closed with an exchange of 233,083 shares for US$9,836 compared to 245,926 units at US$7,499 on Monday.
In Main Market activity, Pan Jamaica led with 344.37 million shares followed by JMMB 9.5% preference share with 7.05 million stocks and Transjamaican Highway with 1.67 million units.
In Junior Market trading, ONE on ONE Educational led with 649,818 shares followed by Jamaican Teas with 445,140 stocks and JFP Ltd with 335,010 units.
In the preference segment, Productive Business Solutions 10.5% preference share declined $127 to $893.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.8 based on 2024-25 earnings and 19.8 based on 2024 historical earnings. The ICInsider.com PE ratio chart and the other more detailed daily charts provide investors with regularly updated data to assist in decision-making. The PE ratio chart covers all the ordinary shares quoted on the Jamaica Stock Exchange and are grouped by industry, allowing for ease in 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.

Junior Market clobbered


The Junior Market of the Jamaica Stock Exchange suffered a hefty blow on Monday, with the need to fund public share issues seeming to be playing a role as such issues did in the past, this is following a huge 72 percent decline in the volume of stocks traded, with a 67 percent lower value than on Friday after the exchange of 44 securities compared with 45 on Friday.

The market closed with prices of just 10 rising, 24 declining and 10 closing unchanged with the Junior Market Index down sharply at the close with a sizable drop of 67.08 points to 3,560.28.
The market closed with trading of 7,155,019 shares for $14,911,504, down from 25,193,200 stock units at $45,578,261 on Friday with trading ending with an average of 162,614 shares for $338,898, well below the 559,849 stocks at $1,012,850 on Friday and February that closed with an average of 246,071 shares at $454,487.
Derrimon Trading led trading with 1.12 million shares for 15.6 percent of total volume followed by Everything Fresh which ended with 1.02 million units for 14.3 percent of the day’s trade and Jamaican Teas with 930,218 stocks for 13 percent of the volume traded.
At the close of trading, the Investor’s Choice bid-offer indicator shows five 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 13.1, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close of the first trading day in March, CAC 2000 rallied 10 cents and ended at $2.20 in trading a mere 1,258 units, following the release of the full year results showing a profit of 17 cents per share compared with a 76 cents loss in 2023. Caribbean Cream lost 12 cents to close at $2.73 after 74 stocks passed through the market, Consolidated Bakeries popped 9 cents to end at $1.89 in trading 1,501 shares. Express Catering slipped 14 cents in closing at $3 with 6,526 stock units crossing the exchange, Future Energy sank 14 cents to finish at $3.33 with 59,720 shares changing hands, Image Plus shed 12 cents to close at $1.20 in an exchange of 5,612 stocks.  ISP Finance declined 83 cents to $21.17 with traders dealing in 52 units, Jamaican Teas sank 25 cents in closing at $2.21 after a transfer of 930,218 stock units, Knutsford Express dropped $2.16 to end at $12.21 in switching the ownership of 220 shares. Medical Disposables fell 7 cents to close at a 52 weeks’ low of $1.31 after an exchange of 287,132 stock units, Omni Industries dipped 7 cents and ended at 95 cents with a transfer of 75,412 stocks with the price starting to reflect a truer valuation following the overstating of the earnings per share for 2024 of 5 cents, instead of the 8.6 cents the company erroneously reported. Regency Petroleum skidded 17 cents to finish at $3.20, with 116,188 units crossing the market. Stationery and Office Supplies sank 15 cents to $1.53 after an exchange of 139,184 stocks and Tropical Battery fell 10 cents in closing at $2.70 after 122,095 units were traded.

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

JSE Markets start March on negative note


Trading pulled back from Friday’s levels and the market dropped on Monday on the Jamaica Stock Exchange with a fall in the volume of stocks exchanged and a lower value than on Friday, resulting in the major indices of the Main Market falling along with the Junior Market and the JSE USD Market indices. At the end of trading the prices of 33 shares rose, 54 declined and 25 remained firm.

Three Trinidadian based companies suffered sizeable declines, with Guardian Holdings suffering the biggest fall of $6, AS Bryden $2.87 and Massy Holdings a drop of $3.30, in contrast, the stock with the biggest gain was Sagicor Group up 51 cents.
At the close of trading, the JSE Combined Market Index lost 2,022.05 points to end at 340,870.35, the All Jamaican Composite Index skidded 532.57 points to wrap up trading at 384,024.58, the JSE Main Index shed 1,611.89 points to finish at 329,757.90, the Junior Market Index declined 67.08 points to 3,560.28 and the JSE USD Market Index sank 0.19 points to 224.26.
A total of 20,780,018 shares were exchanged in all three markets, down from 47,819,272 units on Friday, with the value of stocks traded on the Junior and Main markets amounted to $81.49 million, well below the $172.89 million on the previous trading and the JSE USD market closed with an exchange of 245,926 shares for US$7,499 well off of the 318,360 units at US$20,139 on Friday.
In Main Market activity, Wigton Energy led trading with 4.03 million shares followed by Transjamaican Highway with 3.29 million stocks and JMMB Group 7.35% – 2028 with 1.14 million units.
In Junior Market, Derrimon Trading led with a volume of 1.12 million shares followed by Everything Fresh with 1.02 million stocks and Jamaican Teas with 930,218 units.
In the preference segment, 138 Student Living preference share climbed $30 and ended at $320 and Sygnus Credit Investments C10.5% increased $6.44 to $103.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.7 based on 2023-24 earnings and 20 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.

Two new additions to ICTOP10


Price movements in the ICTOP10 this past week as mostly muted with the Main Market having only two stocks with notable price changes while the Junior Market three, while both markets had one new listing.

Market movements resulted in prices of 5 stocks rising and 3 declining in the Junior Market ICTOP10 while the Main Market ICTOP10 ended with two gains and 2 losses.
In the Junior Market ICTOP10, Caribbean Flavours ran up 7 percent to $1.34 and Iron Rock Insurance gained 4 percent to $3.75, while AMG Packaging fell 6 percent to $3.
In the Main Market ICTOP10, Berger Paints rose 9 percent to $7.82 and Key Insurance fell 10 percent to close at $2.16.
The All JSE ICTOP10, compiled from all listed ordinary stocks on the Jamaica Stock Exchange ended the week with Key Insurance falling out and replaced by AMG Packaging
Iron Rock Insurance fell out of the Junior Market ICTOP10 and is replaced by Limners and Bards. In the Main Market ICTOP10, VM Investments returns after a one week’s absence, replacing Key Insurance that reported earnings of just 12 cents per share for the full year, much lower than projected.
The average PE for the JSE Main Market ICTOP 10 sits at just 5.9, well below the market average of 15.7 and the Junior Market TOP10 stands at 7.7, more than half of the market, with an average of 13.4.
Based on the earnings estimates for 2024, the Main Market ICTOP10 is projected to gain an average of 256 percent by May 2025, providing better values than the Junior Market, projected to achieve a 172 percent increase for the same period.
In the Main Market ICTOP 10, there are 17 stocks with the highest values representing 33 percent of the Main Market, with PEs between 15 to 105, with an average of 30 and 24 excluding the highest PE ratios and a PE of 26 for the top half of the market with the highest values and 20 excluding the stocks with overweight values.
In the Junior Market IC TOP10, 15 stocks or 31 percent of the market have PEs ranging from 15 to 33 with an average of 20 and a PE of 18 for half of the market with the highest PEs.
The 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.

Junior Market jumps to close February


Trading activity climbed on the Junior Market of the Jamaica Stock Exchange Friday, to close out the month resulting in a 182 percent jump in the volume of stocks traded, following a 134 percent rise in value over Thursday with trading in 45 securities compared with 44 on Thursday and ending with prices of 19 rising, 14 declining and 12 closing unchanged.

The market closed trading with an exchange of 25,193,200 amounting to $45,578,261 up from 8,941,253 units at $19,448,755 on Thursday. Trading averaged 559,849 stocks at $1,012,850 well over the 203,210 shares at $442,017 on Thursday with the month to date, averaging 246,071 units at $454,487 slightly more than the 229,120 stock units at $424,323 on the previous day and January with an average of 350,850 shares at $615,775.
ONE on ONE Educational led trading with 7.84 million shares for 31.1 percent of total volume followed by Jamaican Teas with 5.91 million stocks for 23.5 percent of the day’s trade, Fosrich closed with 1.86 million stocks for 7.4 percent of the volume traded, Stationery and Office Supplies ended with 1.77 million units for 7 percent of the day’s trade, Derrimon Trading delivered up 1.13 million stocks for 4.5 percent of the volume traded and Lasco Financial with 1.06 million shares for 4.2 percent of market share.
At the close of trading, the Junior Market Index rose 43.50 points to settle at 3,627.36. The Investor’s Choice bid-offer indicator shows eight stocks ending with bids higher than their last selling prices and two with lower offers.
The Junior Market ended trading with an average PE Ratio of 13.2, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close of the second month of the year, Cargo Handlers rose 8 cents in closing at $11.08 with investors swapping 826 stock units, Caribbean Cream shed 15 cents to $2.85 with trading of 44,283 shares, Caribbean Flavours rose 8 cents to close at $1.34 after investors traded 3,435 stocks. Dolphin Cove popped $1.50 to end at $14 in switching ownership of 94,773 units, but only after hitting an intraday 52 weeks’ low of $11.90, Future Energy rallied 17 cents to finish at $3.47 after an exchange of 248,009 stocks, Honey Bun lost 23 cents and ended at $7.85 with investors dealing in 6,690 units. Indies Pharma increased 41 cents to $3.77 after an exchange of 488,333 shares, Iron Rock Insurance advanced 15 cents to finish at $3.75 with 10 stock units clearing the market, ISP Finance gained 73 cents and ended at $22 with trading of 2,002 shares. Knutsford Express popped $1.08 in closing at $14.37 after a transfer of 66,727 stocks, Limners and Bards dropped 14 cents to $1.13 as investors exchanged 103,794 stock units, Medical Disposables sank 23 cents to end at $1.38 with a transfer of 18,007 stock units. Regency Petroleum advanced 12 cents in closing at $3.37 with 533,209 shares being traded, Stationery and Office Supplies rose 13 cents to $1.68 with an exchange of 1,771,466 stock units and tTech climbed 8 cents and ended at $1.45 with 704 stocks crossing the market.

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