Trading on the Jamaica Stock Exchange’s Main Market was mixed over the past week, with sharp declines among a handful of securities offset by a broad market rally, resulting in the market index rising by just 1.2 percent to end the week at 370,983.96. Against this backdrop, all of the top 10 best performing stocks exceeded gains in the index by a wide margin, with Palace Amusement jumping 40.5 percent and First Rock Real Estate rising by 24.6 percent.
Going forward, ICInsider.com’s forecast of leading Main Market stocks for the twelve months into late 2027 anticipates substantial upside across a group of stocks. Berger Paints tops the list with forecasted appreciation of 597 percent, ahead of Margaritaville with 572 percent and Sygnus Credit Investments with a 496 percent. QWI Investments is projected to gain 433 percent, Jamaica Broilers 402 percent and JMMB Group 382 percent. Further down, 138 Student Living is projected to rise 300 percent, as it recovers from a recent steep fall. Palace Amusement Company is projected to deliver a 239 percent, as good quality movies is expected to be a big pulling card for patrons, Lasco Distributors is projected for 215 percent rise and Caribbean Cement Company 155 percent to round out the ten.
Top Rising Ordinary Shares. On the positive side, Palace Amusement led all rising stocks with an outsized advance of 40.5 percent. 
It was followed by First Rock Real Estate, up 24.6 percent, VM Investments rallied by 20.6 percent. Sygnus Real Estate popped 14.5 percent and Berger Paints rose 12.6 percent. Kingston Properties advanced 12.3 percent while Jamaica Broilers Group rose 11.1 percent. 138 Student Living moved 9.1 percent higher, Barita Investments rose 8.3 percent, and a security trading under the symbol Tropical Battery closed out the top ten with a gain of 7.1 percent.
Top Losers. The sharpest decline came from Margaritaville, which fell 38.59 percent, by far the worst performer on the Main Market for the week. Sagicor Real Estate X Fund followed with an 11.66 percent drop, while the Sagicor Select Financial Fund slid 9.76 percent. 
Eppley lost 9.09 percent, and Caribbean Producers declined by 6.25 percent. Rounding out the bottom half, , Mayberry Jamaican Equities fell by 4.23 percent, Sagicor Select Manufacturing and Distribution Fund shed 4.17 percent, Lasco Manufacturing declined by 3.21 percent, Lasco Distributors dipped 2.94 percent, and Guardian Holdings closed 2.69 percent lower.
Elsewhere, the IC TOP 10 winners recorded gains ranging from a low of 11 percent for the year to the end of August for Scotia Group, up to 127 percent for Transjamaican Highway. NCB Financial followed with a 90 percent increase for the country’s largest banking group.
MPC Caribbean Clean Energy tops ICInsider.com Top 10 Main Market losers, reporting a steep 46.8 percent loss for the year to August, 2026. During this period the company had unrealized fair value losses and slowdown of its wind farming operations. Palace Amusement ended as the second worst performing stock, with a 40 percent, with sharp fall in operating profits. Revenue for the period dropped, following damage caused by Hurricane Melissa to Multiplex in Montego Bay, which has not reopened, but the problem was compounded by lack sufficient quality films during the period to attract sufficient patrons to the cinemas. Sygnus Real Estate Finance slipped 38 percent, with huge losses incurred in 2026 to date. First Rock Real Estate Investments fell sharply 36 percent and VM Investments declined by 34 percent, with underperformance of the investments portfolio, in rounding out the list of the five worst performers.
At the close of trading on Thursday, the JSE Combined Market Index climbed 1712.97 points to close at 335,019.68, the All Jamaican Composite Index climbed by 1,622.28 points to close at 359,057.05, the JSE Main Index rose 1,118.96 points in ending trading at 321,725.63. The Junior Market Index jumped 75.77 points to 3,801.37 and the JSE USD Market Index gained 2.97 points to end the day at 244.14.
At the close of the market, some of the major Main Market stocks that rose are AS Bryden rallied $2.49 to close at $42.99, Caribbean Cement advanced $1.74 to end at $53, Mayberry Group climbed $1.16 in closing at $7.6 and Scotia Group advanced $1.46 and ended at $41.46.
Investors should use the chart to help make rational decisions when investing in stocks close to the average for the sector and 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 moves follow funds previously tied up in the One on One IPO coming back to the market.
In the Junior Market ICTOP10 General Accident and Lasco Financial replaced Consolidated Bakeries and Lasco Manufacturing. There was one change in the Main Market with Radio Jamaica replacing 138 Student Living. 
ICInsider.com ranks stocks based on projected earnings to highlight winners from the rest, allowing investors to focus on potential winning stocks and helping to remove emotions in selecting stocks for investments that often result in costly mistakes.
The disclosure that Dolla Financial corresponded with Access Financial to explore merger talks, put new life into the former TOP10 stock, with increased buying in the stock this past week. Trading picked up with 115,359 units being exchanged during the week, up from 38,162 units the previous week, with the stock moving from $25 at the end of last week to $27.50 this past week.
The Junior Market ICTOP10 welcomed Consolidated Bakeries, with projected earnings per share of 22 cents, with the company appearing to be breaking the old practice of limited revenue growth and small profits. See the latest profile of the company with full reporting and its prospects for the current year. General Accident says goodbye to the ICTOP10 following the recovery in the price. There were no changes in the Main market. 
ICInsider.com ranks stocks based on projected earnings to highlight winners from the rest, allowing investors to focus on potential winning stocks and helping to remove emotions in selecting stocks for investments that often result in costly mistakes.
Investors reacted the first chance they had and drove the prices of both stocks higher on Friday.
The Main Market ended the week with 138 Student Living jumping 23 percent to $5 and is likely to rise further, with the company posting solid results after the market closed, with earnings of 21 cents for the June quarter and 58 cents per share for the nine months to June. Berger Paints rose 8 percent to $11.93, VM Investments popped 4 percent to $5.20 and Guardian Holdings reversed most of the previous week’s gain by dropping a sharp 22 percent from $650 to $506.
ICTOP10 focuses on likely yearly winners, accordingly, the list includes some of the best companies in the market but not always. ICInsider.com ranks stocks based on projected earnings to highlight winners from the rest, allowing investors to focus on potential winning stocks and helping to remove emotions in selecting stocks for investments that often result in costly mistakes.
The shifting of Dolla Financial out of the TOP10 resulted in 
During the week, General Accident reported first quarter results with profit due to shareholders of the parent company rising 36 percent to $49 million, Friday after trading, Lasco Distributors reported profit increasing 12 percent for the full year to $1 billion but the final quarter being up 35 percent to $241 million and Lasco Manufacturing rising 45 percent in the March quarter to $522 million and the full year up 24 percent to $1.7 billion.ICInsider.com upgraded earnings for Lasco Distributors to 50 cents from 45 cents, but the others remain as previously stated. All three stocks are trading below ten times 2022 earnings and therefore have huge potential to appreciate.
Watch these stocks that sit just outside the TOP10 that investors should watch. They include Key Insurance, followed by Caribbean Producers and Scotia Group from the Main Market. In the Junior Market, Iron Rock Insurance, Dolphin Cove, Jetcon Corporation, Stationery and Office Supplies and Lasco Manufacturingreported strong fourth quarter results to March this year.
But Elite is not the only Junior Market stock posting solid gains. Jetcon rose 18 percent to close at $1.30, against a background of one or more investors seeking to buy a sizable number of shares. AMG Packaging and Caribbean Assurance Brokers climbed 16 percent while tTech added 7 percent to close the week at $4. Price movements in Main Market were more subdued than in the Junior Market, with JMMB Group the biggest mover dropping 11 percent from $51.89 to $46.25, followed by Guardian Holdings with a fall of 4 percent.
General Accident returned to the Junior Market TOP10 as tTech dropped out and VM Investments returns to the Top10 Main Market as Jamaica Stock Exchange fell out.
ICInsider.com ranks stocks based on projected earnings to highlight winners from the rest, allowing investors to focus on potential winning stocks and helping to remove emotional attachments to stocks that often result in costly mistakes.
Scotia Group is ICInsider.com’s new stock for the future that comes into the Main Market ICTOP10 at number 9, with projected earnings of $4.47 per share as the group generates increasing income from the sharp hike BOJ induced hike in interest rates on investments.
ICTOP10 focuses on likely yearly winners; accordingly, the list may or may not include the best companies in the market. ICInsider.com ranks stocks based on projected earnings to highlight winners from the rest, allowing investors to focus on potential winning stocks and helping to remove emotional attachments to shares that often result in costly mistakes.