The Jamaica Stock Exchange Main Market ended the past week, with up and down sharp movements. First Rock Real Estate Investments led the winners with a gain of 37.74 percent, while Pulse Investments led the losers, with a fall of 28.97 percent. Looking ahead, ICInsider.com forecasts gains of between 160 percent and 598 percent over the next twelve months, with an average projected gain of 378 percent for the IC TOP10 Main Market stocks, led by Berger Paints at 598 percent and followed by Margaritaville at 524 percent.
The ten winning stocks this week advanced between 5.97 percent to 37.74 percent, with real estate and insurance companies being prominent. The ten top losers fell between 5.53 percent and 28.97 percent. Financial service sector is heavily represented.
Among the winners, First Rock Real Estate Investments was well ahead of the field at 37.74 percent. followed by Mayberry Jamaican Equities with 20.12 percent. 138 Student Living is next with a rise of 14.46 percent and General Accident Insurance, 14.14 percent. The second half of the table was more modest. Sagicor Select Funds rose 9.30 percent, Sygnus Real Estate Finance 8.67 percent, Berger Paints 8.11 percent, Margaritaville 7.60 percent, Supreme Ventures 6.12 percent and Tropical Battery 5.97 percent. Real estate was a clear theme, with First Rock Real Estate Investments, 138 Student Living and Sygnus Real Estate Finance in the top six.
Declining stocks were heavier in financial and investment. Pulse Investments fell 28.97 percent, the steepest decline of the week, followed by VM Investments at 15 percent and QWI Investments at 11.76 percent. Radio Jamaica lost 10.57 percent and Barita Investments 10.37 percent. 
The remaining five were the Palace Amusement at 9.09 percent, A.S. Bryden at 8.21 percent, Proven Investments at 7.43 percent, Mayberry Group at 6.95 percent and Massy Holdings at 5.53 percent. Six of the ten losers were investment or financial companies, which points to selling pressure in that segment. It is notable that Mayberry Jamaican Equities was among the biggest winners while its related company, Mayberry Group, was among the decliners.
The ICInsider.com forecast for the next twelve months is Bly bullish. Berger Paints is projected to gain 598 percent, followed by Margaritaville at 524 percent and Sygnus Capital at 510 percent, so the top three are all expected to exceed 500 percent. JMMB Group is forecast at 450 percent and QWI Investments at 433 percent. The next five are Iamaica Broilers at 379 percent, Palace Amusement at 300 percent, 138 Student Living at 223 percent, Lasco Distributors at 201 percent and Stanley Motta at 160 percent. Seven of the ten are projected to gain 300 percent or more, and even the lowest projection, for Stanley Motta, is 160 percent. The list mixes financial companies with consumer, property and manufacturing names, so the forecast is not tied to a single sector.
The forecast also overlaps with the past week’s movers. Berger Paints, Margaritaville and 138 Student Living were all winners this week, which suggests recent momentum is consistent with the ICInsider.com forecast. but, QWI Investments and Palace were both among the week’s losers, but are forecast to enjoy gains of 433 percent and 300 percent respectively. Investors may see this week’s declines in those two companies as a potential entry point, though forecasts of this size should be treated with caution given the volatility the Main Market showed this week.
The market closed with an exchange of 345,233 shares for US$22,598 compared to 451,658 stock units at US$30,462 on Wednesday.
Quantas Advantage climbed 1.37 cents to finish at 16.37 US cents with 674 stocks crossing the market. Sterling Investments popped 0.18 of a cent to 2.28 US cents with investors trading 300 units, Sygnus Credit Investments gained 0.07 of a cent to end at 6.6 US cents with a transfer of 21,683 stock units, Sygnus Real Estate Finance USD share remained at 4.6 US cents in an exchange of 4,300 shares and Transjamaican Highway fell 0.03 of a cent to finish at 6.4 US cents after trading of 301,518 stocks.
Quantas Advantage advanced 0.12 of one cent to end at 15 US cents with 900 shares being traded, Sygnus Credit Investments dropped 0.37 of a cent in closing at 6.53 US cents in an exchange of 14,940 units and Transjamaican Highway rallied 0.22 of one cent to 6.43 US cents with 408,117 stocks crossing the market.
The market closed with an exchange of 236,327 shares, down 67 percent from 709,279 stock units on Monday, resulting in a value of US$16,739 after tumbling 62 percent from US$43,937 on Monday.
Proven Investments declined 0.01 of a cent and ended at 5.75 US cents after trading of 4,651 shares. Sterling Investments ended at 2.1 US cents in switching owners of 5,265 stock units, Sygnus Credit Investments rose 0.25 of one cent in closing at 6.9 US cents with investors trading 32,988 shares, Sygnus Real Estate Finance USD share shed 0.39 of a cent to end at 4.6 US cents with 500 units crossing the exchange and Transjamaican Highway dropped 0.23 of one cent in closing at 6.21 US cents in trading 186,689 stocks.
The market closed with an exchange of 1,821,141 shares for US$121,746, well over the 585,996 stock units at US$37,012 on Tuesday.
Proven Investments remained at 6 US cents in an exchange of 10,000 stock units, Quantas Advantage skidded 2.5 cents in closing at a new high of 13.5 US cents with 50,000 shares clearing the market, Sterling Investments ended at 2.28 US cents after an exchange of 1,313 units. Sygnus Credit Investments popped 0.1 of a cent to 7 US cents with investors dealing in 203,053 stocks and Transjamaican Highway rallied 0.2 of one cent to finish at 6.7 US cents after a transfer of 1,451,183 stock units.
The market closed with an exchange of 798,381 shares forUS$86,114 compared to 681,520 stock units at US$106,010on Friday.
Quantas Advantage rose 2 cents to a record of high of 16 US cents following trading in 82,301 stocks, Sterling Investments ended at 2.28 US cents, with 87 shares crossing the exchange, Sygnus Credit Investments rallied 0.06 of one cent to close at 6.79 US cents with investors trading 140,107 stocks and Transjamaican Highway dipped 0.2 of a cent to 6.4 US cents and closed with an exchange of 531,504 units.
At the close, trading ended with an exchange of 681,520 shares for US$106,010, up from 520,462 stock units at US$43,778 on Thursday.
Sygnus Credit Investments fell 0.01 of a cent to 6.73 US cents with investors trading 48,150 stock units, Sygnus Real Estate Finance USD share rallied 0.2 of one cent to finish at 4.99 US cents after a transfer of 20 shares and Transjamaican Highway dipped 0.16 of one cent and ended at 6.6 US cents with investors dealing in 588,285 stocks.
The market closed with an exchange of 393,635 shares for US$34,946, compared to 510,507 stock units at US$35,262 on Friday.
Proven Investments ended at 5.98 US cents in an exchange of 10,605 shares. Sterling Investments ended at 2.28 US cents with investors swapping 78 stock units, Sygnus Credit Investments popped 0.01 of a cent and ended at 6.79 US cents after a transfer of 1,722 shares and Transjamaican Highway remained at 7 US cents with 365,904 stocks crossing the exchange.
Trading ended with an exchange of only 510,507 shares at US$35,262, down precipitously from 7,285,203 stock units at US$558,521 on Thursday.
Trading averages 56,723 shares at US$3,918, well below the 662,291 stock units at US$50,775 on Thursday. Trading month to date, averages 147,912 units at US$12,062, well within Thursday’s range of 154,987 stock units at US$12,694 and compared with August that ended with an average of 115,072 units for US$12,480.
The US Denominated Equities Index slipped 3.48 points to settle at 303.57. The Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and one with a lower offer.
The PE Ratio, one of the most used measures to determine appropriate stock values, averages 16.4. ICInsider.com compiles the earnings per share and the PE used in this report. The PE ratio is derived by dividing the last traded price of a stock by the earnings per share for the financial year ending around August 2027.
At the close, Margaritaville dipped 0.7 of a cent to end at 4.31 US cents with a transfer of 7,500 stocks, Productive Business Solutions climbed 1 cent to 85 US cents as investors exchanged just one unit,
Proven Investments rose 0.42 of one cent to end at 5.98 US cents, with 3,655 shares crossing the market. Quantas Advantage lost 0.05 of one cent in closing at 13.95 US cents in exchanging 1,353 stock units, Sterling Investments remained at 2.28 US cents, after a mere 4 shares passed through the market, Sygnus Credit Investments gained 0.7 of one cent to finish at 6.78 US cents after an exchange of 62,518 units and Transjamaican Highway ended at 7 US cents in trading 435,465 stocks.
In the preference segment, JMMB Group 7.5% remained at US$2 after a transfer of 10 stock units and AS Bryden 6% ended at US$1, with an exchange of just one share.
Prices of securities trading are those for the last transaction. 
The market closed with an exchange of 7,285,203 shares for US$558,521 after surging from 931,250 stock units at US$84,657 on Wednesday. Trading ended with an average of 662,291 shares at US$50,775 after soaring from 186,250 stock units at US$16,931 on Wednesday, with a month to date average of 154,987 units at US$12,694 compared with 101,841 stock units at US$8,705 on the previous day and August that ended with an average of 115,072 units for US$12,480. The US Denominated Equities Index declined 0.06 points to 307.05. The Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and none with a lower offer. The PE Ratio, one of the most used measures to determine appropriate stock values, averages 16.1. ICInsider.com compiles the earnings per share and the PE used in this report. The PE ratio is derived by dividing the last traded price of a stock by the earnings per share for the financial year ending around August 2027. At the close of trading, AS Bryden ended at 16.9 US cents with investors trading 3 units, First Rock Real Estate USD share rose 0.01 of one cent to 1.86 US cents with a transfer of 5,370,004 stocks, MPC Caribbean Clean Energy advanced 0.01 of a cent to close at 23 US cents in switching ownership of 280 shares. 
Productive Business Solutions fell 1 cent and ended at 84 US cents with 416,997 stock units crossing the market, Proven Investments lost 0.42 of a cent to finish at 5.56 US cents with investors dealing in 42,881 shares, Quantas Advantage popped 2 cents to end at 14 US cents after trading of 1,114 units. Sterling Investments climbed 0.08 of a cent in closing at 2.28 US cents with 8,500 stocks crossing the market, Sygnus Credit Investments increased 0.08 of a cent to 6.08 US cents in trading 206,736 stock units, Sygnus Real Estate Finance USD share remained at 4.79 US cents after an exchange of 165 shares and Transjamaican Highway remained at 7 US cents with a transfer of 1,236,023 units. In the preference segment, JMMB Group 7.5% rallied 2 cents and ended at US$2 with 2,500 stocks crossing the exchange.