The Jamaica Stock Exchange, All Jamaica Composite Index fell in the past week, the decline could not erase the big bounce the market enjoyed at the end of the prior week. The Junior Market Index slipped, but it still held on to a fraction of the 63 points it gained in the previous week, resulting in the TOP 10 lists ending with lots of price movements during the week.
Four stocks gained and five fell in the Junior Market TOP10 and the Main Market TOP10 had only one stock gaining and 8 declined.
As was the case in the previous week, Guardian Holdings hold the number one position in all markets and All JSE TOP10 compiled from all listed ordinary stocks on the JSE, with Pulse Investments in the number 2 spot for the Main Market and is not far away from the number one spot. This closeness may be due to uncertainty with the company’s perceived leadership. This list is more exacting than the Junior and Main Market TOP10, with 20 stocks. For a third week, Elite Diagnostics holds the number one spot in the Junior Market followed by AMG Packaging.
In the Junior Market ICTOP10, Elite Diagnostic rose 11 percent to $2.05 and Lumber Depot popped 4 percent higher to $2.70. Access Financial shed 12 percent to close at $17.50, AMG Packaging and Jamaican Teas shed 4 percent to close at $2.76 and $2.13 respectively.
In Main Market ICTOP10 activity, Pulse Investments inched 3 percent higher to $1.19. Key Insurance fell 15 percent to $2.07, followed by JMMB Group and Margaritaville down 4 percent to $21.60 and $14.50 respectively.
The average PE for the JSE Main Market ICTOP 10 stands at 4.8, well below the market average of 14.4 and the Junior Market TOP10 sits at 7.6, more than half the market, with an average of 12.9.
The Main Market ICTOP10 is projected to gain an average of 325 percent by May 2025, based on 2024 forecasted earnings and provide better values than the Junior Market with the potential to achieve a 175 percent gain over the same period.
In the Main Market ICTOP 10, a total of 17 of the most highly valued stocks representing 33 percent of the Main Market have PEs between 15 to 108, with an average of 28 and 21 excluding the highest PE ratios and a PE of 24 for the top half of the market with the highest values and 18 excluding the stocks with overweight values.
In the Junior Market IC TOP10 are 11 stocks, 23 percent of the market, with PEs ranging from 15 to 29 with an average of 21 and a PE of 17 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.
The market closed with trading of 127,010,636 shares with a value of $430,363,473 well above 9,196,916 units at $27,433,897 on Thursday. Trading averaged 2,822,459 shares at $9,563,633 up from 204,376 units at $609,642 on Thursday with the month to date, averaging 704,140 stock units at $2,243,278 compared to 188,874 stock units at $462,652 on the previous day and November with an average of 309,920 shares at $766,307.
The Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and five with lower offers.
Indies Pharma rose 12 cents to $3.30 in an exchange of 41,303 stocks, Iron Rock Insurance advanced 38 cents to finish at $3.86 with investors dealing in 11 stock units, KLE Group shed 15 cents and ended at $1.01 after a transfer of 12,000 shares. Lumber Depot fell 8 cents to close at $2.70 with 38,000 units crossing the exchange, Medical Disposables increased 28 cents to close at $1.98 with a transfer of 1,201 stocks, Paramount Trading slipped 19 cents to end at $1.05 with investors swapping 403 stock units and Regency Petroleum gained 16 cents to $3.12 with 262,451 shares switching owners.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close of trading, 488,159,035 shares were exchanged in all three markets, up from 26,160,587 units on Thursday, with the value of stock units traded on the Junior and Main markets amounted to $3.43 billion, which is greater than the $210.17 million on the previous day and the JSE USD market closed with an exchange of 376,670 shares for US$19,813 down from 2,290,277 units at US$68,443 on Thursday.
The market’s PE ratio, the most popular measure used in valuing stocks, ended at 13.8 based on 2024-25 projected earnings and 20.6 based on 2023-24 historical earnings. The ICInsider.com PE ratio chart and other more detailed daily charts provide investors with regularly updated information to help decision-making. The PE ratio chart covers all the Jamaica Stock Exchange listed ordinary shares, grouped by industry, thus allowing for easy comparisons within a sector and the overall market. The earnings per share (EPS) and PE ratios are based on 2024 and 2024 actual or projected earnings, excluding major one time income or expense.
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.
Trading ended on Thursday with an exchange of 9,196,916 shares for $27,433,897 down from 13,162,541 stock units at $33,001,212 on Wednesday.
The Junior Market ended trading with an average PE Ratio of 13, based on last traded prices in conjunction with earnings that are projected by ICInsider.com for financial years ending around August 2025.
Jetcon Corporation increased 8 cents to $1.28 with investors dealing in just 625 units, KLE Group popped 11 cents to end at $1.16 with 153 stock units clearing the market, Knutsford Express advanced $2.10 to close at $12.60 with traders dealing in 220 units. Lasco Financial rallied 7 cents and ended at $1.54 with 572 stocks switching owners, Lumber Depot rose 25 cents to close at $2.78 with 21,865 shares crossing the market, Medical Disposables fell 27 cents to finish at $1.70 with an exchange of 26,500 stock units. Regency Petroleum shed 14 cents and ended at $2.96 with 246,410 shares changing hands and Stationery and Office Supplies declined 12 cents to $1.47 after a transfer of 18,377 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close of the market, the JSE Combined Market Index dropped 659.81 points to 332,409.97, the All Jamaican Composite Index sank 1,110.73 points to 367,813.65, the JSE Main Index declined 718.62 points to close at 320,088.81, the Junior Market Index popped 3.82 points to close at 3,669.96, and the JSE USD Market Index lost 6.66 points to end the day at 259.86.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.8 based on 2024-25 earnings and 20.4 based on 202-24 historical earnings. The ICInsider.com PE ratio chart and other more detailed daily charts provide investors with regularly updated information to help decision-making. The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market. The earnings per share (EPS) and PE ratios are based on 2024 and 2024 actual or projected earnings, excluding one-time major time income or expense.
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.by 
The market closed, with trading of 13,162,541 shares for $33,001,212 up solidly from 4,036,639 stock units at $8,176,246 on Tuesday. Trading ended with an average of 292,501 shares at $733,360 up from 85,886 stocks at $173,963 on Tuesday with the month to date, averaging 183,891 stock units at $415,405 compared with 132,444 stock units at $264,794 on the previous day and with an average of 309,920 shares at $766,307 in November.
At the close of the market, CAC 2000 climbed 12 cents in closing at $2.55 with 66 stock units crossing the market, Cargo Handlers dipped 39 cents to $12 after an exchange of 1,641 shares, while Consolidated Bakeries lost 19 cents to close at $2 with 7,165 stocks changing hands. Derrimon Trading skidded 10 cents to end at $1.86 with 17,153 units passing through the market, Dolla Financial sank 10 cents to $2.90 after 7,780,944 shares were traded, Dolphin Cove fell 12 cents and ended at $19.55 with investors trading 4,408 stock units. Elite Diagnostic shed 11 cents in closing at $1.90 after an exchange of 100 stocks, Everything Fresh declined 12 cents and ended at $2.11 with investors dealing in 204,416 units, Express Catering sank 9 cents to $3.20 after a transfer of 29,728 stocks. Fontana slipped 14 cents to end at $8.05 with 36,063 units clearing the market,
Fosrich dipped 9 cents to finish at $2.11 as 267,286 shares switched owners, Indies Pharma popped 21 cents to close at $3.40 with investors trading 14,202 stocks. Jetcon Corporation rallied 10 cents to $1.20 in an exchange of 18,927 shares, Knutsford Express sank $1 to finish at $10.50 in the trading of 11,557 stock units, Lasco Financial slipped 7 cents to $1.47 after investors exchanged 1,416 stocks. Lumber Depot fell 16 cents in closing at $2.53 with a transfer of 13,291 units, Regency Petroleum skidded 8 cents to close at $3.10 and closed after an exchange of 503,789 shares, Tropical Battery rose 7 cents to end at $2.58 with 62,433 units changing hands and tTech sank 18 cents in closing at $2.02 with 6,082 stocks crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close of the market, the JSE Combined Market Index slipped 839.30 points to 333,069.78, the All Jamaican Composite Index sank 1,400.46 points to 368,924.38, the JSE Main Index fell 520.23 points to close at 320,807.43, the Junior Market Index slipped 47.61 points to finish at 3,666.14 and the JSE USD Market Index shed 0.22 points to 265.50.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.8 on 2024-25 projected earnings and 20.2 based on 2023-24 historical earnings. The ICInsider.com PE ratio chart and other more detailed daily charts provide investors with regularly updated information to help decision-making. The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market. The earnings per share (EPS) and PE ratios are based on 2023-4 and 2024-25 actual or projected earnings, excluding any major one time income or expense.
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.
The market closed with trading of 4,036,639 shares for $8,176,246 down from 8,545,502 stock units at $16,979,195 on Monday. Trading ended with an average of 85,886 shares at $173,963 compared with 178,031 stock units at $353,733 on Monday with trading month to date, averaging 132,444 stock units at $264,794 compared to November with an average of 309,920 shares at $766,307.
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.
Honey Bun rose 15 cents to end at $8.60 with 9,364 shares being traded by the close of the market. ISP Finance rallied 93 cents in closing at $23.93 with traders dealing in 526 units, Jetcon Corporation skidded 10 cents to close at $1.10 in an exchange of 38,465 stocks, JFP Ltd sank 7 cents to finish at 93 cents with investors trading 13,626 stock units. Knutsford Express slipped 50 cents to $11.50 with 4,601 shares crossing the exchange, Medical Disposables increased 25 cents to end at $1.95 with a transfer of 1,000 stocks and Paramount Trading popped 15 cents in closing at $1.27 with 23,586 units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close of the market, the JSE Combined Market Index skidded 378.86 points to 333,909.08, the All Jamaican Composite Index shed 842.57 points to conclude trading at 370,324.84, the JSE Main Index dipped 540.20 points to 321,327.66, the Junior Market Index increased 19.17 points to wrap up trading at 3,713.75, and the JSE USD Market Index popped 0.69 points to end trading at 266.74.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.91 based on 2024-25 earnings and 20.6 based on 2023-24 historical earnings.
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.
The market closed with an exchange of 8,545,502 shares with a valued at $16,979,195, down from 11,969,953 stock units at $29,144,541 on Friday. Trading averaged 178,031 shares at $353,733 down from 272,044 stocks at $662,376 on Friday compared to November that averaged 309,920 shares at $766,307.
At the close of the market, AMG Packaging dipped 14 cents to end at $2.73 after 45,276 shares were traded, Blue Power increased by 7 cents to end at $4.37 with investors dealing in 91,449 stocks, CAC 2000 popped 42 cents in closing at $2.43 with 200 shares switching owners. Cargo Handlers climbed 39 cents to close at $12.39 with investors trading 163 stocks, Consolidated Bakeries lost 14 cents to finish at $2.02 with 11,282 shares changing hands, Dolphin Cove slipped 13 cents to end at $19.67 with investors trading 14,254 stocks. Elite Diagnostic rose 16 cents to $2.01 after a transfer of 226 units, Everything Fresh sank 13 cents to $2.10 after 99,960 stock units changed hands, Express Catering declined 20 cents and ended at $3.25 after an exchange of 2,817 shares. Future Energy slipped 12 cents to $3.78 with investors trading 648,383 units, Honey Bun rallied 8 cents to finish at $8.45 with 3,952 stocks passing through the market, Image Plus dipped 11 cents to end at $1.50 with investors swapping 48,871 stock units. 
Iron Rock Insurance fell 9 cents to $3.80 with 80,221 shares being traded, Jamaican Teas shed 12 cents in closing at $2.10 in an exchange of 131,741 stocks, Knutsford Express skidded 59 cents to finish at $12 with 10,252 units crossing the market. Lasco Financial lost 16 cents and ended at $1.53 with traders dealing in 166,438 stock units, Mailpac Group sank 10 cents to close at $2.60 as investors exchanged 264,824 shares, Main Event dropped 17 cents to end at $10.80 with 11,000 stocks crossing the market. Paramount Trading gained 7 cents to close at $1.12 with a transfer of 26,793 units and tTech climbed 20 cents to $2.20 after an exchange of 50 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.