Ten winning Junior Market stocks gained an average of 8.2 percent, the ten losing stocks averaged 10.9 percent. The market index declined by 2.56 percent to close the week at 3,149.92, down 82.71 points from 3,232.63 at the close of the previous week.
Caribbean Cream rose modestly during the week and slipped from the IC TOP10 listing and allowing Access Financial to enter the ICTOP10. Looking forward, the ICTOP10 listing that is compiled by ICInsider.com is headed by the currently suspended, Kintyre Holdings, projected to rise 1,076 percent. Two other stocks are projected to gain well over 300 percent and Omni Industries appears on both the weekly gainers list as well as the forecast.
CAC 2000 bouncing off a 52 weeks low led the winning stocks, with a rise of 28.57 percent, while Derrimon Trading led declining stocks. Limners and Bards rose 16.36 percent, and Edufocal advanced by 11.11 percent. GWEST Corporation added 9.68 percent, Omni Industries gained 6.52 percent and ISP Finance Services rounded out the top six with a rise of 2.92 percent.
Derrimon Trading Company fell by 21.26 percent, the week’s weakest performer. One on One Educational Services declined by 15.29 percent, followed by Mailpac Group at 12.31 percent. Fosrich Company lost 10.83 percent, Dolphin Cove dropped 10.57 percent and Express Catering fell 9.6 percent.
The ICInsider.com forecast based on 2026-27 earnings ranks the top ten Junior Market stocks by projected gain. Kintyre Holdings tops the list with a projected gain of 1,076 percent, more than double the next stock. While the potential gains may seem large, the stock rebounded early in the year to a high of 83 cents before dropping back to just 17 cents, following selling pressure that came from new shareholders who were paid for entities sold by share-based payments. The stock has fallen sharply this year and the Jamaica Stock Exchange suspended its trading in July over delays in filing audited financial statements. 
The group expects to enjoy a boost in revenues from expanded Visual Vibes advertising sites.
Caribbean Assurance Brokers is second, with a projected gain of 476 percent, as the stock is expected to benefit from lower costs and a boost in third quarter revenues and profit. Of note and a vote of confidence, two directors acquired more than 2.3 million shares between August and September. RA Williams follows in fourth place at 171 percent, but remains undervalued having posted outstanding first quarter results even as they embark on adding new product line to the business. MFS Capital Partners is fifth, with projected gains of 157 percent, 
the company recently announced expansion of its business in new locations and acquired a stationery and office supply business. Fontana is next, with a projected gain of 148 percent and Paramount Trading, with a projected gain of 135 percent, Omni Industries and Everything Fresh are projected to gain 133 percent and highly overlooked Access Financial sits at tenth place with 132 percent.
Cost of sales jumped 81 percent to $363.7 million in the 2024 third quarter from $200.8 million in 2023 and increased 46.2 percent to $895.5 million from $612.6 million for the nine months to September 2023.
Shareholder’s Equity 
At the close of trading, the JSE Combined Market Index climbed 1,917.96 points to 330,802.68, the All Jamaican Composite Index skidded 2,566.82 points to 354,970.18, the JSE Main Index fell 2,262.58 points to conclude trading at 317,393.96. The Junior Market Index advanced by 34.92 points to 3,806.11 and the JSE USD Market Index dipped 1.23 points to wrap up trading at 234.97.
In the preference segment, Jamaica Public Service 7% sank $6.49 to close at $41.50. JMMB Group 7% preference share slipped 90 cents to $2.34 and 138 Student Living preference share rallied $44.71 in closing at $180.45.
The chart should be used in making rational decisions when investing in stocks close to the average for the sector, 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.
At the close of trading, 137,437,210 shares were exchanged in all three markets, up sharply from 13,481,892 units on Friday, with the value of stocks traded on the Junior and Main markets jumped to $397.68 million, well above the $63.38 million that was exchanged on the previous day and the JSE USD market closed trading of 24,785 shares at US$735 down from 727,558 stock units at US$21,301 on Thursday.
At the close, the JSE Combined Market Index dived 1,769.31 points to finish trading at 331,364.99, the All Jamaican Composite Index shed 624.47 points to close at 356,196.59, the JSE Main Index dropped 1,389.45 points to end at 318,562.02. The Junior Market Index skidded 62.76 points to 3,728.49 and the JSE USD Market Index rose 3.15 points to settle at 236.53.
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.
Investors looking for the best dividend paying stocks on the Jamaica Stock Exchange should take the above factors into consideration. It is also a good factor to consider when buying stocks that are likely to increase in value over time.
The company reported earnings of $5.54 and that would suggest an annual dividend of $2.20 which would translate to a dividend yield of 6.7 percent with 2024 likely to be higher.
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 value of stocks traded on the Junior and Main markets surged to $527.23 million compared with a mere $48.29 million on Thursday. The JSE USD market closed after 159,494 shares were traded, for US$2,742 compared to 6,525 units at US$320 on Thursday.
the JSE Main Index rallied by 812.63 points to end trading at 316,798.45. The Junior Market Index rallied 45.75 points to end the day at 3,728.14 and the JSE USD Market Index skidded 2.03 points to wrap up trading at 221.10.
The net asset value of each company is reported as a guide to quickly assess the value of stocks based on this measure. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
The Main Market slipped a bit to end the first half of January, with a modest loss but technical indicator points to it heading towards the 460,000 points level on the All Jamaica Composite Index, soon. The Junior Market is up 2.4 percent since the 2020 close and is a few points away from the level reached at the close of March 5 last year, having surpassed the April high, as the bullish golden cross takes full hold on the market to launch a big rally.
The stock gained 50 cents at the close on Friday but traded as high as $5 during the week and moved from fifth spot last week to ninth position on the 2020/21 TOP10 list. Jamaican Teas gained 25 percent since December and seems poised to move higher as interest in the stock grows since the announcement of a three for one stock split late last year. An indication of increased interest is the exchange of 4 million shares on Friday. The stock moved from the fourth position last week to seventh this past week as it gained 24 percent for the week.
The current TOP 10 report is based on earnings for 2020/21 as there are substantial gains ahead, for many stocks in the listings.
The PE ratio for the Junior Market Top 10 stocks average a mere 7.6 at just 52 percent of the market average. The Main Market TOP 10 stocks trade at a PE of 9.2 or 56 percent of the PE of that market.
The Jamaica Stock Market has moved from the best performing in the world in 2018 to one of the worse performing in 2020. The fall from grace had to do far less with local factors but more so with global developments. Nevertheless, Main Market listed 
The Junior Market suffered badly, with ten stocks losing upwards of 39 percent out of a list of 33 stocks that declined for the year. The Junior Market was partially saved by two stocks, one that was listed in December 2019 and one listed in the last half of 2020. Mailpac was listed in December 2019 and rose 36 percent in 2020, followed by Tropical Battery by 28 percent as the two leading Junior Market winners. With tax losses as the only major asset of worth, Ciboney came in third and more than doubled with a rise of 118 percent. The Main Market had 32 stocks declining during the year, with losses going as high as 63 percent.
In 2020, both of the Jamaica Stock Exchange major markets were down, with the Junior Market just edging out the Main Market index with a lower decline of 21 percent versus 22.6 percent. Even though 2020 was not a great year, some investors made money by buying stocks at rock bottom prices when many investors were dumping earlier in the year.
Since bottoming in March, the Junior Market is up 30 percent and the Main Market 16.6 percent by the end of the year. There are strong signals pointing to an upward move for both markets as they transitioned from a consolidating phase when investors were assessing developments in the economy and the stock market to a more bullish state since the latter months of 2020.