ICTOP10 weekly winner jumps 25%


The Junior Market’s Elite Diagnostic surged 25 percent in the week to close at $1.50, but MFS Partners fell 21 percent to 42 cents, after six stocks rose in the Junior Market and four fell, in a week when the market traded at a 4 year low, going back to May 2021

The Main Market TOP10 ended with only one losing stock, with 138 Student Living, the biggest winner rising 9 percent, followed by Caribbean Producers, up 6 percent to land at $8.02, QWI Investments and NCB Financial both gained 4 percent, while Scotia Group lost 4 percent.
In the Junior Market, AMG Packaging rose 10 percent to $2.30, Kintyre Holdings rallied 7 percent to 29 cents, Access Financial popped 7 percent to $16.68 and Dolla Financial was up 6 percent to $2.48. Expres Catering fell 8 percent to $2.50 and Cargo Handlers declined by 6 percent to $9.75.

There are no new listings in the Main and Junior Market IC TOP10 and the All JSE ICTOP10 for the week.
The average PE for the JSE Main Market ICTOP 10 is just 5.8, well below the market average of 13.5. The Junior Market TOP10 stands at 5.9, less than half the market’s average of 14.1.
In the Main Market, ICTOP10, 16 stocks with the highest values, account for 31 percent of the Main Market, with PE ratios between 15 and 43, with an average of 23 and a PE of 20 for the top half of the market with the highest values.
In the Junior Market IC TOP10, 21 stocks or 44 percent of the market have PEs ranging from 15 to 38, with an average of 21 and a PE of 21 for half of the market with the highest PEs.
ICTOP10 focuses on likely yearly winners. The list includes some of the best companies in the market and others that are not as fancy. Sometimes, weaker companies may be oversold and end up on the list. ICInsider.com ranks stocks based on projected earnings, allowing investors to focus on the most undervalued companies and reduce emotions when making investment decisions.

IC TOP10 stocks that will likely deliver the best returns 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 the receipt of new information.

JSE USD market drops 20% in 2025


The Jamaica Stock Exchange US dollar market dropped nearly 5 percent on Thursday, with the US-Denominated Equities Index plunging 9.85 points to 201.08 for a loss of 20 percent for the year to date. The volume of stocks traded dropped by 89 percent, with a 43 percent lower value than on Wednesday, with an exchange of eight securities, compared with six on Wednesday, with prices of four rising, two declining and two ending unchanged.

The market closed with an exchange of 84,860 shares for US$32,196, down sharply from 782,822 stocks at US$56,379 on Wednesday.
Trading ended with an average of 10,608 shares at US$4,025 relative to 130,470 stocks at US$9,396 on Wednesday, with a month to date average of 756,389 units at US$21,765 compared with 814,882 stocks at US$23,156 on the previous day and May that ended with an average of 71,616 units for US$3,425.
The Investor’s Choice bid-offer indicator shows none ended with a bid higher than the last selling price and two with lower offers.
The PE Ratio, one of the most frequently used measures to determine appropriate stock values, averages 10.1. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with their financial year ending around August 2025.
At the close of mixed trading, AS Bryden shed 3.61 cents to finish at 16 US cents after a transfer of 8,290 shares, First Rock Real Estate USD share increased 0.46 of a cent and ended at 1.93 US cents with 11,250 stocks changing hands, Margaritaville climbed 0.2 of one cent to 8.2 US cents with an exchange of 15 units. Proven Investments popped 0.99 of a cent to close at 11.06 US cents as 20 shares crossed the market, Sygnus Credit Investments rose 0.89 of a cent to 7.89 US cents in an exchange of 1,249 stocks and Transjamaican Highway ended at 2.38 US cents with 49,325 shares clearing the market.
In the preference segment, JMMB Group 7.5% lost 3 cents to end at US$1.97 in trading 14,659 stocks and Sygnus Credit Investments E8.5% remained at US$9.48 with 52 stock units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading jumps on JSE US Dollar Market  


The Jamaica Stock Exchange US dollar market settled lower on Wednesday, as the volume of stocks traded rose by 169 percent and the value 10 percent higher than on Tuesday, as the market closed with trading in six securities, down from eight on Tuesday with prices of three rising, two declining and one ending unchanged.

The market closed with an exchange of 782,822 shares for US$56,379, jumping from 291,466 stock units at US$51,106 on Tuesday.
Trading averaged 130,470 shares at US$9,396, increasing from 36,433 stock units at US$6,388 on Tuesday, with a month to date average of 814,882 units at US$23,156 compared with 857,658 stocks at US$24,016 on the previous day and May that ended with an average of 71,616 units for US$3,425.
The US Denominated Equities Index shed 0.67 points to 210.94. The Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and one with a lower offer.
The PE Ratio, one of the most frequently used measures to determine appropriate stock values, averages 10.1. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025.
At the close of the market, Margaritaville fell 0.2 of one cent to 8 US cents with a transfer of 1,377 shares, Proven Investments gained 0.04 of a cent and ended at 10.07 US cents with 52,839 stocks changing hands, Sygnus Credit Investments dipped 0.5 of a cent to close at 7 US cents with investors swapping 315,000 units and Transjamaican Highway popped 0.01 of one cent to finish at 2.38 US cents with traders switching ownership of 409,230 shares.
In the preference segment, JMMB Group US8.5% rallied 7 cents in closing at US$1.10 after an exchange of 2,723 stock units and Sygnus Credit Investments E8.5% ended at US$9.48 with 1,653 shares clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Declines for ICTOP10 stocks


The Main Market’s Margaritaville jumped 17 percent this past week to close at $12.36 after falling 25 percent in the previous week. All other ICTOP10 stocks declined or closed relatively stable.

At the close of the week, the Main Market TOP10, Caribbean Producers declined by 11 percent to $8.02, Guardian Holdings lost 10 percent to end at $318 and VVM Investments declined by 7 percent to $2. In the Junior Market, Kintyre Holdings fell 10 percent to 27 cents, Access financials dropped 8 percent to $15.51, Limners & Bards lost 6 percent to $1.15, Image Plus declined by 5 percent to 95 cents and Elite Diagnostic slipped 4 percent to $1.20. In the All JSE ICTOP10 listings, Caribbean Producers replaced 138 Student Living.
Limners & Bards fell out of the IC Junior Market TOP10 and is replaced by Cargo Handlers.
The average PE for the JSE Main Market ICTOP 10 is just 5.6, well below the market average of 13.4. The Junior Market TOP10 stands at 5.8, less than half the market’s average of 14.5.
In the Main Market, ICTOP10, 15 stocks with the highest values, account for 29 percent of the Main Market, with PE ratios between 15 and 41, with an average of 24 and a PE of 20 for the top half of the market with the highest values.
In the Junior Market IC TOP10, 20 stocks or 42 percent of the market have PEs ranging from 15 to 39, with an average of 22 and a PE of 22 for half of the market with the highest PEs.
ICTOP10 focuses on likely yearly winners. The list includes some of the best companies in the market and others that are not as fancy. Sometimes, weaker companies may be oversold and end up on the list.  ICInsider.com ranks stocks based on projected earnings, allowing investors to focus on the most undervalued companies and reduce emotions when making investment decisions.
IC TOP10 stocks will likely deliver the best returns 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 the receipt of new information.
Persons who compiled this report may have an interest in securities commented on in this report.

Transjamaican grabs 80% of JSE USD trades


Transjamaican grabs 80 percent of sharply reduced trades on the Jamaica Stock Exchange US dollar market on Monday, with the volume of stocks traded dropping 89 percent, valued 44 percent less than on Friday, following seven securities changing owners, compared with eight on Friday with prices of three advancing, one declining and three ending unchanged.

The market closed with an exchange of just 62,270 shares for US$15,014, tumbling from 575,499 stocks at US$26,595 on Friday.
Trading averaged 8,896 shares at US$2,145 well below 71,937 stocks at US$3,324 on Friday, with a month to date average of 932,315 units at US$25,619, down from 1,012,116 stocks at US$27,647 on the previous day and compared to May which ended with an average of 71,616 units for US$3,425.
The US Denominated Equities Index gained 3.04 points to end at 212.03. The Investor’s Choice bid-offer indicator shows no stock ending with a bid higher than the last selling price and one with a lower offer.
The PE Ratio, one of the most frequently used measures to determine appropriate stock values, averages 10.4. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025.
At the close of the market, Proven Investments remained at 11.01 US cents with investors dealing in 4,955 shares, Sterling Investments dipped 0.01 of one cent to 1.99 US cents after an exchange of 295 stocks and Transjamaican Highway popped 0.02 of one cent and ended at 2.37 US cents with investors trading 50,286 shares.
In the preference segment, JMMB Group 7.5% ended at US$2 with investors exchanging 6,070 stock units, JMMB Group US8.5% popped 1 cent in closing at US$1.01 closing with 606 units, Sygnus Credit Investments US 8% ended at US$9 with investors trading 50 stocks and Sygnus Credit Investments E8.5% rose 28 cents to US$9.48 as traders switched ownership of 8 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Surge in trading on the JSE USD Market


The Jamaica Stock Exchange US dollar market closed on Friday, with the volume of stocks traded rising 273 percent, with no noticeable change in value compared to Thursday, resulting from the exchange of eight securities, compared with eight on Thursday, with prices of four rising, two declining and two ending unchanged.

The market closed with an exchange of 575,499 shares for US$26,595, up from 154,487 stock units at US$26,574 on Thursday.
Trading averaged 71,937 shares at US$3,324 compared to 19,311 stocks at US$3,322 on Thursday, with a month to date average of 1,012,116 stock units at US$27,647 compared with 1,115,150 shares at US$30,313 on the previous day and with May that ended with an average of 71,616 units for US$3,425.
The US Denominated Equities Index lost 2.32 points to close at 208.98, down 17 percent for the year to date. The Investor’s Choice bid-offer indicator shows none ended with a bid higher than the last selling price and one with a lower offer.
The PE Ratio, one of the most frequently used measures to determine appropriate stock values, averages 10.4. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025.
At the close, First Rock Real Estate USD share declined 0.48 of one cent to end at 1.47 US cents, with 10,662 shares crossing the market, Proven Investments rallied 0.5 of a cent to 11.01 US cents in switching ownership of 18,231 stock units, Sterling Investments increased 0.02 of one cent in closing at 2 US cents after 59,404 shares passed through the market. Sygnus Credit Investments climbed 0.35 of a cent to close at 7.35 US cents with investors trading 5,000 units, Sygnus Real Estate Finance USD share ended at 7 US cents, with 663 stocks crossing the exchange and Transjamaican Highway shed 0.03 of a cent to finish at 2.35 US cents with a transfer of 469,511 shares.
In the preference segment, JMMB Group US8.5% remained at US$1 after an exchange of 12,000 stocks and Productive Business Solutions 9.25% rose 52.7 cents to US$11.25 with investors trading 28 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Main Market ICTOP10 steady, Juniors volatile


Action in the ICTOP10 was mostly in the Junior Market, except for the Main Market’s Margaritaville, that fell 25 percent to close at $10. ICTOP10 Main Market stocks were relatively stable at the close of the week, but the Junior Market list bounced around.

At the close of the week, Guardian Holdings rose 4 percent to $355. In the Junior Market, Limners & Bards climbed 13 percent to $1.22, MFS Partners rallied 6 percent to 53 cents, Elite Diagnostic fell 13 percent to $1.25 and AMG Packaging lost 11 percent to close at $2.13.
In the All JSE ICTOP10 listings NCB Financial replaced Scotia Group.
The average PE for the JSE Main Market ICTOP 10 is just 5.9, well below the market average of 13. The Junior Market TOP10 stands at 6, less than half the market’s average of 14.5.
In the Main Market, ICTOP10, 16 stocks with the highest values account for 31 percent of the Main Market, with PE ratios between 15 and 43, with an average of 23 and a PE of 20 for the top half of the market with the highest values.
In the Junior Market IC TOP10, 21 stocks or 44 percent of the market have PEs ranging from 15 to 39, with an average of 22 and a PE of 22 for half of the market with the highest PEs.
ICTOP10 focuses on likely yearly winners. The list includes some of the best companies in the market and others that are not blue chip. Sometimes, they include weaker companies that may be oversold and end up on the list. ICInsider.com ranks stocks based on projected earnings, allowing investors to focus on the most undervalued stocks and remove emotions when selecting stocks for investments.
IC TOP10 stocks that will likely deliver the best returns 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 the receipt of new information.
Persons who compiled this report may have an interest in the securities commented on in this report.

 

Proven dominates JSE USD Market


Proven Investments, investment bankers dominated trading with a 95 percent share of stocks traded on the Jamaica Stock Exchange US dollar market on Tuesday, following a 44 percent rise in the volume of stocks traded, with the value jumping by 141 percent over market activity on Monday. Trading resulted in the exchange of five securities, down from 10 previously, with prices of three rising and two ending unchanged.

The market closed with an exchange of 452,504 shares for US$44,656, increasing from 313,665 stocks at US$18,561 on Monday.
Trading averaged 90,501 shares at US$8,931, jumping from 31,367 stocks at US$1,856 on Monday, with a month to date average of 1,310,465 units at US$34,463, down from 1,419,390 stocks at US$36,742 on the previous day and well above May that ended with an average of 71,616 units for a mere US$3,425.
The US Denominated Equities Index climbed 0.37 points to conclude trading at 211.69. The Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and three with lower offers.
The PE Ratio, one of the most frequently used measures to determine appropriate stock values, averages 10.4. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025.
At the close of a day of moderate trading, Margaritaville ended at 8.2 US cents with investors exchanging 221 shares, Proven Investments rallied 0.24 of one cent to 10.35 US cents with 429,398 stocks crossing the market, Sterling Investments remained at 1.98 US cents after a transfer of 5,039 units. Sygnus Credit Investments rose 0.2 of a cent in closing at 7.2 US cents with traders swapping 3,494 shares and Transjamaican Highway popped 0.06 of a cent to finish at 2.38 US cents after an exchange of 14,352 stock units.

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

Transjamaican Highway trades 77M shares on the JSE USD Market


A surge of trading in Transjamaican Highway, resulted in 77 million shares stocks passing through the Jamaica Stock Exchange US dollar market, pushing the overall trading 76,914,195 shares valued at US$1,740,363 on Thursday, soaring from a mere 371,175 stock units at US$159,855 on Wednesday, following an exchange of 11 securities, up from with eight previously, with prices of three rising, five declining and three ending unchanged.

Trading climbed to an average of 6,992,200 shares at US$158,215 compared to 46,397 stocks at US$19,982 on Wednesday, with a month to date average of 2,081,540 units at US$52,542, rising from just 80,901 stocks at US$9,490 on the previous day and May that ended with an average of 71,616 units for US$3,425.
The US Denominated Equities Index skidded 5.29 points to close trading at 209.08. The Investor’s Choice bid-offer indicator shows no stock ending with a bid higher than the last selling price and one with a lower offer.
The PE Ratio, one of the most frequently used measures to determine appropriate stock values, averages 10.4. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025.
At the close of trading, First Rock Real Estate USD share lost 0.25 of one cent to end at 1.43 US cents with 40,241 shares changing hands, Margaritaville advanced 0.7 of a cent to 8.2 US cents after an exchange of 364 units, Proven Investments dropped 0.51 of one cent in closing at 10.99 US cents with investors trading 16,735 stocks. Sterling Investments popped 0.15 of one cent to finish at 1.98 US cents with 1,920 shares clearing the market, Sygnus Credit Investments shed 0.13 of a cent and ended at 7.2 US cents with investors trading 3,201 stock units, Sygnus Real Estate Finance USD share ended at 6.6 US cents as 90 shares passed through the market and Transjamaican Highway increased 0.04 of one cent to 2.39 US cents with investors trading 76,844,900 stocks.
In the preference segment, JMMB Group 7.5% remained at US$2.01 after an exchange of 42 units, JMMB Group US8.5% ended at US$1 with a transfer of 6,582 stock units. Sygnus Credit Investments US 8% fell 16 cents to finish at US$9.84 as investors exchanged 100 shares and Sygnus Credit Investments E8.5% slipped 60 cents and ended at US$9.40 in trading 20 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Mixed JSE USD Market trading on Tuesday


Trading ended with mixed results on the Jamaica Stock Exchange US dollar market on Tuesday, resulting in exchange of 10 securities, compared to nine on Monday with prices of only one rising, seven declining and two ending unchanged, following a 56 percent decline in the volume of stocks traded, having a 121 percent greater value than on Monday.
The market closed with an exchange of 552,534 shares for US$66,374 compared to 1,260,621 stocks at US$30,005 on Monday. Trading averaged 55,253 shares at US$6,637 compared to 140,069 stocks at US$3,334 on Monday, with a month to date average of 95,429 units at US$5,073 compared with May, with an average of 71,616 units for US$3,425. The US Denominated Equities Index declined 3.62 points to conclude trading at 210.24. The Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and one with a lower offer. The PE Ratio, one of the most frequently used measures to determine appropriate stock values, averages 10.1. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025. At the close of the moderate trading, First Rock Real Estate USD share sank 0.49 of one cent to close at a 52 week low of 1.4 US cents with 3,266 shares passing through the market, Margaritaville dropped 0.7 of a cent to 7.5 US cents with investors trading 3,000 units, Productive Business Solutions shed 5 cents in closing at US$1.20 with 50 stocks clearing the market. Proven Investments lost 0.91 of a cent to finish at 11 US cents with investors swapping 208,990 shares, Sterling Investments dipped 0.14 of a cent and ended at 1.83 US cents with a transfer of 5,291 stock units, Sygnus Credit Investments remained at 7 US cents after traders exchanged 5,637 shares. Sygnus Real Estate Finance USD share sank 0.4 of a cent in closing at 6.6 US cents with 500 stocks changing hands and Transjamaican Highway ended at 2.3 US cents after investors swapped 308,237 units. In the preference segment, JMMB Group 7.5% skidded 5 cents and ended at US$2.01 with 17,544 stock units crossing the market and Sygnus Credit Investments US 8% rallied 15.99 cents to finish at US$10 after the trading of 19 shares. Prices of securities trading are those for the last transaction of each stock unless otherwise stated.