Trading surges on the Junior Market  


One of Jamaica’s leading suppliers of stationery and office equipment, Stationery and Office Supplies and beverage producers Jamaican Tea, led trading on the Junior Market of the Jamaica Stock Exchange on Thursday, with 80 percent of the total volume traded. Trading culminated in an increase of 325 percent in the volume of stocks changing hands with 236 percent more value than Wednesday, when 42 securities were traded, the same as Thursday and ending with prices of 17 rising, 19 declining and six closing unchanged.

The market closed with 13,148,598 shares trading for $24,952,294 up from 3,096,129 units at $7,428,101 on Wednesday.
Trading averaged 313,062 shares at $594,102 well above the 73,717 stocks at $176,860 on Wednesday with the month to date, averaging 145,330 units at $300,304 up from 90,719 stock units at $204,649 on the previous day and January with an average of 350,850 shares at $615,775.
Stationery and Office Supplies ended with 7.45 million shares for 56.7 percent of total volume followed by Jamaican Teas which ended with 3.03 million stock units for 23.1 percent of the day’s trade and Omni Industries with 309,810 stocks for just 2.4 percent of the volume traded. All three stocks are worth noting for future major activities and possible prices breaking out.
At the close of trading, the Junior Market Index skidded 13.23 points to finish at 3,742.00, still a fraction above the 2024 close. The Investor’s Choice bid-offer indicator shows five 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 13.3, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close of an interesting session, Access Financial dropped 95 cents and ended at $17.05 after an exchange of 1,010 stock units and closed with an offer of 439,488 shares at $17.99, which could keep a lid on the price in the short run. AMG Packaging advanced 23 cents to $3.24 with investors trading 2,906 units, Blue Power sank 43 cents to close at $5.11 with 4,469 shares changing hands. CAC 2000 rose 20 cents to close at $2.43 as investors exchanged 109 stock units, Cargo Handlers climbed 40 cents to end at $11.50 with just 14 shares being traded, Caribbean Assurance Brokers increased 26 cents to finish at $2.48 with investors swapping 922 stock units. Consolidated Bakeries popped 8 cents and ended at $2.05 with 75,966 stocks passing through the market, Dolla Financial declined 7 cents to $2.89 with a transfer of 189,840 units, Dolphin Cove rallied 98 cents to end at $19.60 with trading in 2,134 stocks. Everything Fresh lost 39 cents to close at $1.70 after a transfer of 200,714 units, Express Catering slipped 8 cents to finish at $3.25 with 22,383 shares crossing the market, Future Energy sank 6 cents to close at $3.43 in an exchange of 34,814 stock units.  GWest Corporation gained 5 cents to 90 cents with investors trading 73,489 shares, Honey Bun dipped 25 cents and ended at $7.95 with an exchange of 30,513 stocks, Image Plus fell 10 cents to close at a 52 weeks’ low of $1.31 with 159,942 units changing hands. Jamaican Teas popped 29 cents to close at $2.50 after an exchange of 3,032,490 stock units, following the release of first quarter results showing an 11.4 percent increase in net profits, with little contribution from QWI Investments. JFP Ltd skidded 7 cents to finish at 82 cents in trading 23,313 shares, KLE Group shed 14 cents to end at $1.15 with 13,257 units crossing the exchange. Knutsford Express dropped 30 cents in closing at $12.50 with traders dealing in 971 stocks, Medical Disposables sank 15 cents to $2 in an exchange of 678 stock units, ONE on ONE Educational skidded 5 cents to end at 94 cents with investors dealing in 18,660 shares and Tropical Battery climbed 7 cents and ended at $3.07 with 305,461 units clearing the market.

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

JSE markets skid as volume jumps


Trading closed Thursday on the Jamaica Stock Exchange Combined Market with a jump in the volume of stocks exchanged and having a greater value than on Wednesday, resulting in Main and the Junior Markets declining as the JSE USD Market just inched forward as trading resulted in declining stocks overwhelming those rising with prices of 41 rising, 52 declining and 21 remaining firm.

At the close of the market, the JSE Combined Market Index dropped 2,323.95 points to 342,178.72, the All Jamaican Composite Index skidded 2,939.83 points to close at  380,322.56, the JSE Main Index declined 2,330.96 points to finish at 329,764.00, the Junior Market fell just 13.23 points to 3,742.00 and the JSE USD Market Index popped 0.06 points to conclude trading at 241.99.
At the close of trading, 21,574,580 shares were exchanged in all three markets, up sharply from 16,404,398 units on Wednesday, with the value of stocks traded on the Junior and Main markets amounted to $99.96 million, up from $82.1 million on the previous day and the JSE USD market closed with an exchange of 39,450 shares for US$4,029 compared to 2,521,741 units at US$130,691 on Wednesday.
In Main Market activity, Transjamaican Highway led with 3.41 million shares followed by Wigton Energy with 901,123 stocks and Eppley Caribbean Property Fund with 600,008 stock units.
In Junior Market trading, Stationery and Office Supplies led with 7.45 million shares including several different trades followed by Jamaican Teas with 3.03 million stocks and Omni Industries with 309,810 units.
In the preference segment, 138 Student Living preference share gained $20 to $290 and Productive Business Solutions 10.5% preference share sank $60 to end at $990.
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.

Junior Market bounces


The Junior Market of the Jamaica Stock Exchange market index rebounded partially from Tuesday’s near 36 points dip, at the close of market activities on Wednesday, on the back of a 45 percent fall in the volume of stocks traded, accompanied by 46 percent lower value than on Tuesday with trading in 42 securities down from 43 on Tuesday and ending with prices of 12 rising, 20 declining and 10 closing unchanged.

The market closed with trading of 3,096,129 shares for $7,428,101 compared with 5,623,176 units at $13,644,131 on Tuesday.
Trading averaged 73,717 shares at $176,860 compared to 130,772 stocks at $317,305 on Tuesday with the month to date, averaging 90,719 units at $204,649 down from 98,927 stocks at $218,065 on the previous day and January with an average of 350,850 shares at $615,775.
Mailpac Group led trading with 1.16 million shares for 37.4 percent of total volume followed by RA Williams with 410,257 stock units for 13.3 percent of the day’s trade and Lumber Depot with 272,397 stocks for 8.8 percent of the volume traded.
At the close of trading, the Junior Market Index rallied 16.03 points to close trading at 3,755.23, moving the market off the floor with a 0.1 percent rise at the close on Tuesday up to 0.5 percent for the year to date. The Investor’s Choice bid-offer indicator shows three 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 13.4, 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 popped 95 cents and ended at $18 with 209 stock units crossing the market, AMG Packaging slipped 24 cents to $3.01 with investors trading 9,194 shares, Cargo Handlers shed 40 cents in finishing at $11.10 in an exchange of 4 units. Caribbean Assurance Brokers fell 25 cents to close at $2.22 with 8,786 stocks passing through the market, Consolidated Bakeries increased 10 cents to end at $1.97 after an exchange of 38,058 shares, Dolphin Cove lost 98 cents in closing at $18.62 with a transfer of 18,746 stocks. Fontana climbed 49 cents to $9.19 with 23,529 units clearing the market, Fosrich rose 5 cents and ended at $2.29 with investors swapping 16,672 stock units, GWest Corporation slipped 5 cents to close at 85 cents with 26,693 shares crossing the market. Jamaican Teas fell 19 cents to $2.21 with an exchange of 5,223 units, Limners and Bards shed 6 cents in closing at $1.21 with 18,791 stocks changing hands, Lumber Depot declined 10 cents to finish at $2.83 after a transfer of 272,397 stock units. Main Event skidded 59 cents to $10.80 with 707 shares switching owners, Medical Disposables dipped 15 cents to finish at $2.15 with traders dealing in 201 units, Regency Petroleum fell 43 cents and ended at $3.08 in an exchange of 44,885 stocks and Spur Tree Spices gained 5 cents to end at $1.70 with investors trading 1,424 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE Main Market down, Junior Market rises


Trading closed Wednesday on the Jamaica Stock Exchange with a fall in the volume of stocks exchanged, with a lower value than on Tuesday, resulting in the Main Market major indices falling, the Junior Market index rising and the JSE USD Market falling. At the end of trading the prices of 34 shares rose, 44 declined and 27 remained firm.

At the close of the market, the JSE Combined Market Index shed 864.48 points to finish at 344,502.67, the All Jamaican Composite Index sank 1,532.52 points to end at 383,262.39, the JSE Main Index drifted lower by 1,024.19 points to 332,094.96, the Junior Market Index rose 16.03 points to 3,755.23 and the JSE USD Market Index slipped 1.48 points to finish at 241.93.
At the close of the market, 16,404,398 shares were traded in all three markets, down from 23,414,907 units on Tuesday, with the value of stocks traded on the Junior and Main markets down to $82.1 million, from $275.32 million on the previous day and the JSE USD market closed with an exchange of 2,521,741 shares for US$130,691 well off the 28,644 stock units at US$13,387 on Tuesday.
In Main Market activity, Transjamaican Highway led with 2.65 million shares followed by Wigton Energy with 2.28 million stock units and Sagicor Select Financial Fund with 1.03 million stocks.
In Junior Market trading, Mailpac Group led with 1.16 million shares followed by RA Williams with 410,257 stock units and Lumber Depot with 272,397 stocks.
In the preference segment, 138 Student Living preference share gained $43 and ended at $270.
The market’s PE ratio, the most popular measure used in valuing stocks, ended at 13.8 on 2024-25 earnings and 20.1 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 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.

Junior Market just holds gains 


Trading closed on the Junior Market of the Jamaica Stock Exchange Tuesday, with a second day of decline following the run up ahead of the January close and ending with the market index closing marginally above the 2024 close after an 88 percent jump in the volume of stocks traded, valued at 156 percent more than Monday from trading in 43 securities compared with 44 on Monday and ending with prices of 13 rising, 20 declining and 10 closing unchanged with Tropical Battery closing at a 52 weeks’ high and One Great Studio at a 52 weeks’ low.

The market closed with trading of 5,623,176 shares valued at $13,644,131 up from 2,983,475 units at $5,327,523 on Monday. The day’s trading ended with an average of 130,772 shares at $317,305 up from 67,806 stocks at $121,080 on Monday with a month to date average of 98,927 stock units at $218,065 compared to January with an average of 350,850 shares at $615,775.
Jamaican Teas led trading with 1.62 million shares for 28.8 percent of total volume followed by Dolla Financial which ended with 671,762 stock units for 11.9 percent of the day’s trade and Lumber Depot with 601,830 stocks for 10.7 percent of the volume traded.
At the close of trading, the Junior Market Index fell 36.58 points to wrap up trading at 3,739.20, just 0.1 percent ahead of the 2024 close. The Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and five with lower offers.
The market ended trading with an average PE Ratio of 13.4, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close of a low keyed trading day, Access Financial skidded 95 cents to finish at $17.05 with traders dealing in just 331 stocks, Blue Power sank 7 cents and ended at $5.55 in an exchange of 1,106 units, CAC 2000 shed 50 cents to end at $2.23 with 4,458 shares crossing the market. Consolidated Bakeries popped 18 cents in closing at $1.87 in an exchange of 642 stock units, Elite Diagnostic fell 14 cents to close at $1.70 with 45,957 shares being traded, Express Catering gained 32 cents to end at $3.30 with a transfer of 2,070 units. Fontana slipped 53 cents to $8.70 after an exchange of 27,064 stocks, Fosrich sank 11 cents to end at $2.24 with investors dealing in 46,397 stock units, Honey Bun dipped 9 cents to $8.20 with 3,640 shares crossing the exchange. Indies Pharma lost 8 cents to finish at $3.52 with 14,050 units being traded, Iron Rock Insurance declined 6 cents to close at $4.14 after an exchange of 464 stocks, Jamaican Teas rose 31 cents to close at $2.40 with investors trading 1,620,714 stock units. JFP Ltd dropped 6 cents to 85 cents with 87,205 shares switching owners, Main Event rallied 59 cents to finish at $11.39 as investors exchanged 4,560 stock units, Medical Disposables increased 44 cents and ended at $2.30 after a transfer of 26,106 units. One Great Studio shed 5 cents to end at a 52 weeks’ low of 51 cents with 95,591 stocks changing hands, Spur Tree Spices fell 15 cents in closing at $1.65 with an exchange of 162,633 shares and Stationery and Office Supplies dipped 14 cents to close at $1.55 with 32,990 stocks crossing the market.

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

JSE Main and Junior Market plunge


The Main and Junior Markets suffered big declines in trading on the Jamaica Stock Exchange on Tuesday following a sharp rise in the volume and value of stocks traded over Monday’s activities with trading resulting in the prices of 38 shares rising, 45 declining and 30 remaining firm.

At the close of the market, the JSE Combined Market Index declined 3,130.40 points to 345,367.15, the All Jamaican Composite Index dropped 4,149.71 points to wrap up trading at 384,794.91, the JSE Main Index sank 2,999.25 points to settle at 333,119.15, the Junior Market Index dipped 36.58 points to 3,739.20 and the JSE USD Market Index climbed 1.90 points to end at 243.41.
At the close of trading, 23,414,907 shares were exchanged in all three markets, up from 8,400,039 units on Monday, with the value of stocks traded on the Junior and Main markets amounted to $275.32 million, up from $39.95 million on the previous day and the JSE USD market closed with an exchange of 28,644 shares for US$13,387 compared to 169,339 units at US$9,714 on Monday.
In Main Market activity, Kingston Wharves led with 7.33 million shares followed by Transjamaican Highway with 3.78 million stocks and Sagicor Select Financial Fund with 1.66 million units.
In Junior Market trading, Jamaican Teas led with 1.62 million shares followed by Dolla Financial with 671,762 stocks and Lumber Depot with 601,830 units.
In the preference segment, Jamaica Public Service 7% sank $4.50 to close at $36 and 138 Student Living preference share increased $3 to $227.
The market’s PE ratio, the most popular measure used to value stocks, ended at 14 based on 2024-25 earnings and 20.1 based on 2023-24 historical earnings. The ICInsider.com PE ratio chart and the other more detailed daily charts cover all the 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.

Junior Market holds 2025 gains in slippage


Trading plunged sharply on the Junior Market of the Jamaica Stock Exchange on Monday, at the commencement of trading for February, with an 85 percent decline in the volume of stocks traded and an 87 percent drop in value compared with that on Friday following trading in 44 securities as was the case on Friday and ending with prices of 12 rising, 20 declining and 12 closing unchanged, with the market index slipping after crossing 3,800 points in the early morning session, with the movement remaining positive for the year to date.

The market closed with trading of 2,983,475 shares for $5,327,523 compared with 19,286,403 units at $40,628,456 on Friday.
Trading averaged 67,806 shares at $121,080, compared with 438,327 stocks at $923,374 on Friday and an average of 350,850 shares at a value of $615,775 for January.
Kintyre Holdings led trading with 451,123 shares for 15.1 percent of total volume followed by One Great Studio which ended with 437,158 stock units for 14.7 percent of the day’s trade and EduFocal with 418,499 stocks for 14 percent of the volume traded. At the close of trading, the Junior Market Index sank 10.47 points in closing at 3,775.78. The Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and five 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 of trading, Access Financial dropped 55 cents to $18 with investors trading just 136 stock units, Blue Power popped 7 cents and ended at $5.62 after an exchange of 20,827 shares, CAC 2000 rallied 34 cents to close at $2.73 with trading in 1,225 units. Consolidated Bakeries lost 22 cents in closing at $1.69 with 12,500 stocks passing through the market, Elite Diagnostic gained 8 cents after ending at $1.84 with investors trading 43,495 shares, Everything Fresh rallied 5 cents to close at $2.09 with 4,825 units changing hands, Express Catering dipped 7 cents to close at $2.98 after an exchange of 22,698 stocks. Fontana climbed 13 cents to $9.23 with 2,358 units crossing the market, Fosrich shed 5 cents and ended at $2.35 as investors exchanged 14,477 shares. Future Energy sank 9 cents to close at $3.50 with 47,703 stocks switching owners, Honey Bun rose 21 cents to finish at $8.29 after 26,622 shares passed through the market.  Image Plus sank 5 cents to close at $1.39 with investors dealing in 370,035 stock units, Indies Pharma shed 10 cents and ended at $3.60 in transferring 1,262 units. Jamaican Teas declined 13 cents to close at $2.09 with 120,128 stocks crossing the exchange, Knutsford Express sank $1.48 to end at $12.82 with traders dealing in 3,292 stock units, Main Event slipped 60 cents to $10.80 in an exchange of 14,113 shares and Tropical Battery advanced 25 cents and ended at $2.98 trading 164,824 stocks. Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Main Market rallies, Juniors fall


Trading levels dropped sharply on Monday compared with Friday on the Jamaica Stock Exchange and ended with rising stocks pushing the Main Market indices higher at the close at the same time that the Junior Market and JSE USD Market Indices declined with prices of 30 shares rising, 54 declining and 28 remaining firm.

At the close of the market, the JSE Combined Market Index climbed 1,741.14 points to 348,497.55, the All Jamaican Composite Index advanced 2,550.43 points to end at 388,944.62, while the JSE Main Index rose 1,899.29 points to end at 336,118.40, the Junior Market Index lost 10.47 points to close at 3,775.78 after trading above 3,800 points in the morning session and the JSE USD market slipped 3.46 points to end at 241.51.
At the close of trading, 8,400,039 shares were exchanged in all three markets, down from 40,699,662 units on Friday, with the value of stocks traded on the Junior and Main markets amounted to just $39.95 million, down from $253.59 million on the previous day and the JSE USD market closed with an exchange of 169,339 shares for US$9,714 well short of the 249,958 units at US$17,257 on Friday.
In Main Market activity, Transjamaican Highway led trading with 1.76 million shares followed by Radio Jamaica with 1.10 million stocks and Wigton Energy with 423,488 units.
In Junior Market trading, Kintyre Holdings led with 451,123 shares followed by One Great Studio with 437,158 stocks and EduFocal with 418,499 units.
In the preference segment, Jamaica Public Service 7% sank $2.50 in closing at $41, 138 Student Living preference share lost $20.38 to close at $224 and Productive Business Solutions 10.5% preference share dropped $63 to finish at $1,050.
The market’s PE ratio, the most popular measure used to value stocks, ended at 14 based on 2024-25 projected earnings and 20.4 based on estimated 2024 earnings. The ICInsider.com PE ratio chart and the other more detailed daily charts provide investors with regularly updated information to help in decision-making. The PE ratio chart covers all the ordinary shares that  are listed on the Jamaica Stock Exchange grouped into industries, allowing for an easy comparison 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.

Big changes for ICTOP10 stocks


Junior Market stocks gained 4 percent for the week and 1.4 percent for January while the Main Market rose by half a percent for the week and finished down at the close of the first month of the year. The changes resulted in 5 stocks producing solid gains and three with notable losses for Junior Market ICTOP10 while the Main Market TOP10 had two gains as five stocks fell.

In the Junior Market ICTOP10, Lumber Depot jumped 15 percent to close at $2.94, AMG Packaging rose 10 percent to $3.26 followed by Access Financial and Limners and Bards with an increase of 9 percent to close at $18.55 and $1.31 respectively while Jamaican Teas gained 7 percent to finish trading at $2.22. Caribbean Assurance Brokers declined by 10 percent to $2.49, Express Catering lost 9 percent to close at $3.05 and Caribbean Flavours fell 5 percent in ending at $1.30.
The JSE TOP10, compiled from all listed ordinary stocks on the JSE, had two changes with JMMB Group and AMG Packaging falling out and replaced by Jamaica Broilers and Lasco Distributors.
Lumber Depot dropped out of the Junior Market ICTOP10 following the B gain during the week and is replaced by Cargo Handlers. Jamaica Broilers returns to the Main Market ICTOP10 with JMMB Group falling out.
The average PE for the JSE Main Market ICTOP 10 sits at just 5.5, well below the market average of 14.5 and the Junior Market TOP10 stands at 8.4, more than half of the market, with an average of 13.7.
Based on the earnings projected estimates for 2024, the Main Market ICTOP10 is projected to gain an average of 278 percent by May 2025, providing better values than the Junior Market, projected to achieve a 151 percent increase for the same time.
In the Main Market ICTOP 10, there are 16 stocks with the highest values representing 30 percent of the Main Market, with PEs between 15 to 105, with an average of 30 and 23 excluding the highest PE ratios and a PE of 24 for the top half of the market with the highest values and 19 excluding the stocks with overweight values.
In the Junior Market IC TOP10 are 15 stocks, 31 percent of the market, with 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.
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.

Gains for Junior Market stocks in January


Stocks of the Jamaican Stock Exchange fledgling market, closed the first month of the year higher than it started, with the Junior Market closing two consecutive days above the 2024 close, following trading in 44 securities down from 46 on Thursday, ending with prices of 22 rising, 9 declining and 13 closing unchanged with a 35 percent jump in the volume of stocks traded, with a 79 percent greater value than on Thursday.

The market closed with trading of 19,286,403 shares for $40,628,456 up from 14,337,567 stock units for $22,756,450 on Thursday.
Trading averaged 438,327 shares at $923,374 well above the 311,686 stocks at $494,705 on Thursday with a month to date average of 350,850 stock units at $615,775 compared with 346,715 shares at $601,238 on the previous day and December with an average of 326,483 shares at $898,324.
Lasco Financial led trading with 7.03 million shares for 36.4 percent of total volume followed by Stationery and Office Supplies that ended with 2.58 million stocks for 13.4 percent of the day’s trade, Regency Petroleum closed with 2.08 million stocks for 10.8 percent of the volume traded, Future Energy closed with 1.28 million units for 6.6 percent of market share, Jamaican Teas ended with 1.20 million units for 6.2 percent of the day’s trade and Fosrich with 1.17 million units for 6.1 percent of the traded volume.
At the close of trading, the Junior Market Index advanced 41.28 points to end at 3,786.25 above the 2024 close, the third time for the month. The Investor’s Choice bid-offer indicator shows three 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 13.7, 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 of a day of winner outnumbering losers by a wide margin, Access Financial gained $2 to end at $18.55 with an exchange of 22,256 shares, AMG Packaging rose 11 cents to $3.26 with 2,314 stocks crossing the market, CAC 2000 rallied 44 cents to finish at $2.39 in an exchange of 10,011 shares. Cargo Handlers increased 50 cents and ended at $11.50 with traders dealing in 1,524 stock units, Dolphin Cove popped 7 cents to close at $19.56 as investors exchanged 8,012 shares, Everything Fresh advanced 6 cents in closing at $2.04 in trading 129,239 units. Express Catering skidded 18 cents to $3.05 after it closed with 68,690 stocks changing hands, Fontana sank 15 cents to close at $9.10 in an exchange of 27,986 stock units, Indies Pharma shed 13 cents and ended at $3.70 with investors swapping 531,979 shares. JFP Ltd climbed 9 cents to finish at 94 cents after an exchange of 127,362 stock units, KLE Group popped 19 cents to end at $1.29 with investors dealing in 27 units, Knutsford Express gained $1.55 in closing at $14.30 after 22,556 stocks were traded. Limners and Bards rose 9 cents to $1.31 with investors trading 46,495 units, Regency Petroleum climbed 43 cents to close at $3.48 in switching ownership of 2,084,804 stocks and Stationery and Office Supplies increased 20 cents to finish at $1.72 with investors trading 2,584,246 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.