Main Market under water in 2025 Juniors above


The Main and Junior markets of the Jamaica Stock Exchange ended the first month of 2025 with gains but the US dollar Market slipped as trading level fell from activities on Thursday, resulting in Main Market major indices falling and closing the month lower than the end of 2024, the Junior Market index ended the month at the highest level for the year to date and higher than the 2024 close and the JSE USD Market declined. At the end of trading the prices of 52 shares rose, 27 declined and 32 remained firm.

At the close of the market, the JSE Combined Market Index increased 1,673.87 points to finish at 346,756.41, the All Jamaican Composite Index rallied 2,039.04 points to 386,394.19, the JSE Main Index gained 1,440.86 points to end at 334,219.11, the Junior Market Index rose 41.28 points to end at 3,786.25 and the JSE USD Market Index fell 2.30 points to 244.97.
At the close of trading, 40,699,662 shares were exchanged in all three markets, down from 47,757,958 units on Thursday, with the value of stocks traded on the Junior and Main markets amounted to $253.59 million, down from the hefty $1.02 billion on the previous day and the JSE USD market closed with an exchange of 249,958 shares for US$17,257 compared to 112,384 units at US$52,111 on Thursday.
In Main Market activity, Wigton Energy led with 8.62 million shares followed by Carreras with 5.13 million stocks and Transjamaican Highway with 2.13 million units.
In Junior Market trading, Lasco Financial led with 7.03 million shares followed by Stationery and Office Supplies with 2.58 million stocks and Regency Petroleum with 2.08 million units.
In the preference segment, Productive Business Solutions 10.5% preference share gained $63 and ended at $1,113.
The market’s PE ratio, the most popular measure used to value stocks, ended at 14.1 on 2023-24 earnings and .20.4 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 and 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.

ONEonONE heads Juniors for a 3rd day


ONE on ONE Educational led trading for a third consecutive day with an exchange of more than 6 million shares on the Junior Market of the Jamaica Stock Exchange on Thursday, with the volume of stocks traded in the overall market falling by 50 percent, with 43 percent lower value than Wednesday following trading in 46 securities down from 44 on Wednesday and ending with prices of 14 rising, 22 declining and 10 closing unchanged, resulting in the Junior Market Index popping 42.46 points to settle at 3,744.97, the second day the market closed positively for 2024.

The market closed with trading of 14,337,567 shares with a value of  $22,756,450, down sharply from 28,526,313 units at $40,209,695 on Wednesday.
Trading averaged 311,686 shares at $494,705 well below 648,325 stocks at $913,857 on Wednesday. trading for the month to date, ended with an average of 346,715 stock units at $601,238 in line with 348,536 stock units at $606,775 on the previous day and December with an average of 326,483 shares at $898,324.
ONE on ONE Educational led trading with 6.29 million shares for 43.8 percent of total volume followed by Lasco Financial with 1.81 million stocks for 12.6 percent of the day’s trade, Jamaican Teas closed with 1.76 million units for 12.3 percent of the traded volume and Derrimon Trading with 1.0 million shares for 7 percent of market share.
At the close of the market activities, the Investor’s Choice bid-offer indicator shows six 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 13.5, 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 market, AMG Packaging sank 11 cents to finish at $3.15 in an exchange of 16,002 stock units, Blue Power declined 7 cents to $5.55 with investors trading 3,939 shares, CAC 2000 fell 44 cents to end at $1.95 with 1,356 units clearing the market. Cargo Handlers dropped $1.49 in closing at $11 with investors trading 13,985 stocks, Dolphin Cove rose 24 cents and ended at $19.49 after 1,522 shares were exchanged, Elite Diagnostic climbed 6 cents to close at $1.76 with a transfer of 15,528 stocks. Express Catering shed 12 cents to $3.23 as investors exchanged 54,354 units, Future Energy increased 9 cents in closing at $3.55 in trading 297,302 stock units, Honey Bun popped 8 cents to close at $8.08 with 11,004 shares changing hands. Indies Pharma lost 13 cents to end at $3.83 with traders dealing in 45,153 stocks, KLE Group skidded 19 cents to finish at $1.10 passed with 30,713 units through the market and Lumber Depot gained 10 cents and ended at $2.90 with investors swapping 159,185 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

 

Grace & NCB push JSE trading


Trading closed Thursday on the Jamaica Stock Exchange with a fall in the volume of stocks exchanged, with a much greater value than on Wednesday, helped significantly by NCB Financial with 9.02 million shares with a value of $451 million and GraceKennedy with 6.0 million stocks valued at $432 million and ending with the Main Market major indices just rising, the Junior Market index climbing and the JSE USD Market climbing relatively higher. At the end of trading the prices of 38 shares rose, 46 declined and 31 remained firm.

At the close of trading, the JSE Combined Market Index rallied 417.09 points to 345,082.54, the All Jamaican Composite Index rose 15.69 points to 384,355.15, the JSE Main Index rose 117.82 points to 332,778.25, the Junior Market Index was up by 42.46 points to 3,744.97 and the JSE USD Market Index rallied 11.04 points to end at 247.27.
A total of 47,757,958 shares were exchanged in all markets, down from 49,116,983 stocks on Wednesday, with the value of trading on the Junior and Main markets amounted to $1.02 billion, up sharply from $215.88 million on the previous day and the JSE USD market closed with an exchange of 112,384 shares for US$52,111 compared to 331,937 units at US$18,427 on Wednesday.
In Main Market activity, NCB Financial led with 9.02 million shares followed by GraceKennedy with 6.0 million stocks and JMMB Group 7.35% – 2028 with 5.18 million units.
In Junior Market trading, ONE on ONE Educational led with 6.29 million shares followed by Lasco Financial with 1.81 million stocks and Jamaican Teas with 1.76 million units.
In the preference segment, Jamaica Public Service 9.5% popped $4 in closing at $2,690, 138 Student Living preference share lost $43.12 to end at $244 and Productive Business Solutions 10.5% preference share slipped $49.99 to close at $1,050.
The market’s PE ratio, the most popular measure used in valuing stocks, ended at 13.9 based on 2024-25 earnings and 20.3 based on 2023-24 historical earnings. The ICInsider.com PE ratio chart and the other more detailed daily charts provide investors with updated information to help decision-making. The PE ratio chart covers all of 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 to assess 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.

One on One dominates Junior Market again


Following on the 40 million shares of One on One Educational changing hands on Tuesday, investors swapped another near 17 million units on Wednesday on the Junior Market of the Jamaica Stock Exchange as trading ended with a much lower volume and value as trading activity closed with a 53 percent decline in the volume of stocks traded, with 54 percent lower value than Tuesday following trading in 44 securities down from 46 on Tuesday and ending with prices of 19 rising, 13 declining and 12 closing unchanged.
he market closed with trading of 28,526,313 shares with a value of $40,209,695, down from 61,169,519 units at $88,035,908 on Tuesday. Trading ended with an average of 648,325 stock units at $913,857 down from 1,329,772 shares for $1,913,824 on Tuesday. Trading ended the month to date, averaging 348,536 units at $606,775 above the 332,851 stock units at $590,709 on the previous day and December with an average of 326,483 shares at $898,324. ONE on ONE Educational led trading with 16.73 million shares for 58.7 percent of total volume followed by Lasco Financial which ended with 4.27 million stocks for 15 percent of the day’s trade, Indies Pharma closed with 1.66 million shares for 5.8 percent of the volume traded and Fosrich with 1.35 million units for 4.7 percent of market trade. At the close of trading, the Junior Market Index advanced 20.90 points to settle at 3,702.51. The Investor’s Choice bid-offer indicator shows two 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 13.7, 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 increased 17 cents in closing at $16.50 with 5,004 shares clearing the market, Blue Power climbed 17 cents to $5.62 as investors exchanged 26,576 stocks, CAC 2000 rose 27 cents to end at $2.39 after investors traded 41,083 shares. Cargo Handlers advanced 49 cents and ended at $12.49 with investors trading 6 stock units, Caribbean Assurance Brokers fell 30 cents to close at $2.50 after an exchange of 301 shares, Caribbean Flavours dropped 13 cents to finish at $1.25 with investors trading 167,656 stock units. Consolidated Bakeries popped 28 cents to $1.91 in an exchange of 95,114 stocks, Express Catering rallied 15 cents in closing at $3.35 with traders dealing in 23,921 stock units, Fontana gained 12 cents to end at $9.28 with 84,554 shares being traded. Fosrich rose 11 cents to finish at $2.39 in trading 1,351,988 stocks, Honey Bun sank 30 cents and ended at $8 after a transfer of 37,901 units, Indies Pharma gained 41 cents to close at $3.96 with investors dealing in 1,656,303 stock units. Knutsford Express popped $1.65 to $12.78 in an exchange of 204 shares and tTech increased 38 cents and ended at $1.96 with 33 stock units crossing the market. Prices of securities trading are those for the last transaction of each stock unless otherwise stated, 

JSE Main & Junior Markets climb


Gains in Main Market and Junior Market stocks lifted the major indices of these markets on the Jamaica Stock Exchange at the close on Wednesday with a fall in the volume of stocks traded, with a moderately lower value than on Tuesday, resulting in prices of 40 shares rising, 35 declining and 37 remaining firm.

At the close of the market, the JSE Combined Market Index rallied 1,190.87 points to 344,665.45, the All Jamaican Composite Index advanced 834.58 points to end at 384,339.46, the JSE Main Index increased 1,088.61 points to settle at 332,660.43, the Junior Market Index popped 20.90 points to 3,702.51 and the JSE USD Market Index dipped 0.34 points to settle at 236.23.
At the close of trading, 49,116,983 shares were exchanged in all three markets, down from 77,472,464 units on Tuesday, with the value of stocks traded on the Junior and Main markets amounted to $215.88 million, down from moderately from $221.78 million on the previous day and the JSE USD market closed with an exchange of 331,937 shares for US$18,427 up from 42,535 units at US$5,597 on Tuesday.
In Main Market activity, JMMB Group 7.25% preference share due 2024 led trading with 4.0 million shares followed by Transjamaican Highway with 3.84 million stocks and Wigton Energy with 2.16 million units.
In Junior Market trading, ONE on ONE Educational led with 16.73 million shares followed by Lasco Financial with 4.27 million stocks and Indies Pharma with 1.66 million units.
In the preference segment, Jamaica Public Service 7% skidded $1.95 and ended at $42, 138 Student Living preference share rose $49.50 to $288, Productive Business Solutions 10.5% preference share advanced $44.99 to finish at $1,100 and Sygnus Credit Investments C10.5% popped $2.20 to end at $104.
The market’s PE ratio, the most popular measure used to value stocks, ended at 14 based on 2024-25 earnings and 20.2 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 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 to assess 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.

One on One controlled Junior Market


Trading activity jumped sharply on the Junior Market of the Jamaica Stock Exchange on Tuesday, with a 1,282 percent surge in the volume of stocks traded. A big jump in the shares of ONE on ONE Educational passed through the market as investors exchanged 40.07 million of the company’s shares, accounting for 65.5 percent of total volume and Lasco Financial ended with 8.07 million stocks for 13.2 percent of the day’s trade.

The value of stocks traded on the market climbed by 763 percent over Monday, with 46 securities traded, the same amount as Monday and ended with prices of 20 rising, 14 declining, and 12 closing firm.
Jamaican Teas closed with 3.39 million stocks for 5.5 percent of the volume traded followed by Lumber Depot with 2.58 million units for 4.2 percent of the day’s trade, Omni Industries ended with 1.37 million units for 2.2 percent of the market share and Derrimon Trading with 1.28 million units for 2.1 percent of market share.
Trading amassed 61,169,519 shares for $88,035,908 up from only 4,427,056 units at $10,204,392 on Monday. Trading for the day averaged 1,329,772 shares at $1,913,824 well above the 96,240 stocks that were exchanged at $221,835 on Monday with the month to date, averaging 332,851 units at $590,709 compared to 275,168 stock units at $514,151 on the previous day and December with an average of 326,483 shares at $898,324.
At the close of trading, the Junior Market Index slipped 10.70 points to wrap up trading at 3,681.61. 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 13.4, based on last traded prices in conjunction with earnings that are projected by ICInsider.com for the financial years that end around August 2025.
At the close of a heavy day of trading, AMG Packaging advanced 26 cents to close at $3.26 in an exchange of 1,697 stocks, Blue Power rose 11 cents to $5.45 with 7,677 units clearing the market, CAC 2000 sank 18 cents to finish at $2.12 after an exchange of a mere five shares. Cargo Handlers shed 49 cents and ended at $12 in trading 1,353 stock units, Consolidated Bakeries sank 29 cents in closing at $1.63 with 13,430 shares crossing the market, Elite Diagnostic slipped 6 cents to end at $1.70 with investors swapping 6,840 stock units. Express Catering lost 15 cents in closing at $3.20 after 16,000 stock units passed through the market, Future Energy rallied 7 cents to $3.45 as investors exchanged 22,720 stock units, Image Plus fell 7 cents to $1.37 with 29,916 shares crossing the market. KLE Group increased 7 cents and ended at $1.29 with investors trading 56,802 stocks, Knutsford Express declined $1.86 to close at $11.13 with 502,509 units crossing the exchange, Lumber Depot climbed 11 cents to finish at $2.79 with investors dealing in 2,582,135 stock units. Medical Disposables popped 17 cents to $1.86 in trading 26,008 shares and Spur Tree Spices dipped 9 cents to end at $1.80 in switching ownership of 107,191 stock units.

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

One on One & LascoFin head JSE trading


The Junior Market, ONE on ONE Educational ended on Tuesday with investors exchanging 40 million of its shares and Lasco Financial followed with 8 million units and swelling with the volume and the value of stocks traded on the Jamaica Stock Exchange, exceeding Monday trading by a wide margin. Trading ended with the Main Market indices dropping, the Junior Market index sinking and the JSE USD Market rising marginally. At the end of trading the prices of 41 shares rose, 45 declined and 30 remained firm.

At the close of the market, the JSE Combined Market Index dropped 3,349.63 points to 343,474.58, the All Jamaican Composite Index sank 4,134.96 points to 383,504.88, the JSE Main Index lost 3,422.55 points to finish at 331,571.82, the Junior Market Index shed 10.70 points to close at 3,681.61 and the JSE USD Market Index rose 0.38 points to finish at 236.57.
At the close of trading, 77,472,464 shares were exchanged in all three markets, up from 18,271,149 units on Monday, with the value of stocks traded on the Junior and Main markets amounted to $221.78 million, up from $74.45 million on the previous day and the JSE USD market closed with an exchange of 42,535 shares for US$5,597 compared to 680,107 units at US$21,934 on Monday.
In Main Market activity, Transjamaican Highway led with 5.91 million shares followed by Sagicor Select Financial Fund with 1.96 million stocks and JMMB Group with 1.36 million units.
In Junior Market trading, ONE on ONE Educational led with 40.07 million shares followed by Lasco Financial with 8.07 million stocks and Jamaican Teas with 3.39 million units.
In the preference segment, Productive Business Solutions 10.5% preference share lost $44.99 and ended at $1,055 and Sygnus Credit Investments C10.5% declined $2.20 to $101.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.9 based on 2024-25 projected 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 of the 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 flirts with the 3,700 mark


Trading activity slipped on the Junior Market of the Jamaica Stock Exchange on Monday, but the market index jumped with a robust gain following a 10 percent fall in the volume of stocks traded with a 38 percent lower value than Friday with trading in 46 securities up from 44 on Friday and ending with prices of 20 rising, 13 declining and 13 closing unchanged as the market flirts once more with the 3,700 points market in sight.

The market ended with the trading of 4,427,056 shares at $10,204,392, down from 4,903,746 stock units at $16,541,029 on Friday.

Trading averaged 96,240 shares at $221,835 compared with 111,449 stocks at $375,932 on Friday with a month to date average of 275,168 units at $514,151 compared with 286,157 stock units at $532,104 on the previous day and December with an average of 326,483 shares at $898,324. Fosrich led trading with 1.07 million shares for 24.2 percent of total volume followed by Jamaican Teas with 859,266 stock units for 19.4 percent of the day’s trade and Kintyre Holdings with 763,668 stocks for 17.3 percent of the volume traded. At the close of trading, the Junior Market Index climbed 59.94 points to close at 3,692.31. The Investor’s Choice bid-offer indicator shows six 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 the trading activity, Access Financial dipped 68 cents and ended at $16.32 with 608 stock units crossing the exchange, Blue Power sank 10 cents to $5.34 in trading of 18 shares, Caribbean Cream rose 19 cents to end at $2.98 after an exchange of a mere 49 units. Derrimon Trading climbed 15 cents in closing at $1.95 with 61,092 stocks clearing the market, Dolphin Cove increased 25 cents to close at $19.25 as investors exchanged 6,425 shares, Fontana popped 22 cents to finish at $9.18 with 265,037 stocks passing through the market. Fosrich advanced 11 cents to $2.25 after a transfer of 1,072,887 units, Future Energy shed 12 cents in closing at $3.38 with 27,682 stock units changing hands, Iron Rock Insurance dipped 10 cents to end at $4.20 with a transfer of 4,710 shares. Jamaican Teas gained 17 cents to finish at $2.25 with 859,266 stock units crossing the market, KLE Group rallied 12 cents and ended at $1.22 with an exchange of just 51 stocks, Limners and Bards rose 7 cents to close at $1.27 with 4,883 units crossing the market. Lumber Depot climbed 13 cents to $2.68 in trading 89,213 shares and Main Event popped 68 cents in closing at $11.48 after an exchange of just 4 units.

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

Big gains for JSE Main & Junior Markets


The Jamaica Stock Exchange closed on Monday with a fall in the volume and value of stocks exchanged, compared to Friday, resulting in Main Market and the Junior Market rallying and the JSE USD Market declining at the end of trading, with the prices of 49 shares rising, 36 declining and 28 remained firm.

At the close of trading, the JSE Combined Market Index rallied 2,703.38 points to 346,824.21, the All Jamaican Composite Index jumped 3,023.20 points to close at 387,639.84, the JSE Main Index climbed 2,377.58 points to end trading at 334,994.37, the Junior Market Index rose 59.94 points to end at 3,692.31 and the JSE USD Market Index slipped 1.25 points to settle at 236.19.At the close of trading, 18,271,149 shares were exchanged in all three markets, down from 19,774,969 units on Friday, with the value of stocks traded on the Junior and Main markets amounted to $74.45 million, just shy of $87.65 million on the previous trading day and the JSE USD market closed with an exchange of 680,107 shares for US$21,934 up from to 145,889 units at US$9,208 on Friday.In Main Market activity, Transjamaican Highway led with 9.17 million shares followed by Wigton Energy with 790,747 stocks and JMMB Group 7.35% – 2028 with 613,148 units.
In Junior Market trading, Fosrich led with 1.07 million shares followed by Jamaican Teas with 859,266 stocks and Kintyre Holdings with 763,668 units.
In the preference segment, Jamaica Public Service 9.5% dropped $4 in closing at $2,686 and 138 Student Living preference share sank $40.87 to $238.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.9 based on 2024-25 estimated earnings and 20.3 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 that are 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.

A week of change for ICTOP10  


The Main and Junior Market indices slipped marginally during the week with the ICTOP10 stocks having mixed results with Express Catering and Iron Rock Insurance gaining 8 percent to close at $2.35 and $4.30 respectively in the Junior Market while Limners and Bards, AMG Packaging lost 10 percent to close at $1.20 and $2.96 respectively and Access Financial lost 4 percent to close at $17.

In the Main Market ICTOP10, Scotia Group gained 13 percent to end at $62.00, Jamaica Broilers rose 4 percent in closing at $38.60 and Caribbean Producers declined 6 percent to $8.45.
The All JSE TOP10, compiled from all listed ordinary stocks on the JSE, had one change with Jamaica Broilers falling out and AMG Packaging replacing it.
Jamaica Broilers dropped out of the Main Market ICTOP10 with JMMB Group returning after a week’s absence.
The average PE for the JSE Main Market ICTOP 10 sits at just 5.5, well below the market average of 14.4 and the Junior Market TOP10 stands at 8.4, more than half of the market, with an average of 13.3.
Based on the earnings projected estimates for 2024, the Main Market ICTOP10 is projected to gain an average of 274 percent by May 2025, providing better values than the Junior Market, projected to achieve a 154 percent increase for the same time.
In the Main Market ICTOP 10, there are 15 stocks with the highest values representing 29 percent of the Main Market, with PEs between 15 to 105, with an average of 30 and 21 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 14 stocks, 29 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.