The JSE Main Market stocks gained close to 3 percent during the past week and those listed on the Junior Market were up just under one percent. The performance of ICTOP10 stocks was vastly different in both markets. The Junior Market TOP10 listings had Elite Diagnostic jumping 11 percent to finish at $1.50, AMG Packaging rising 10 percent to close at $2.74 and Dolla Financial increasing 10 percent to finish at $2.69.
Caribbean Assurance fell 9 percent following the belated reporting of the 2024 results, with a major increase in employee costs pushing the operations into a loss and Caribbean Flavours fell 6 percent to $1.16.
In the Main Market ICTOP10, Guardian Holdings rose 13 percent to $347, but Margaritaville dropped 23 percent to $11, Innovative Energy dipped 5 percent to $1.22 and so did VM investments in closing at $2.18.
At the end of the week, the Junior Marlet ICTOP10 ended with Caribbean Assurance and Dolphin Cove dropping out of the TOP10 and were replaced by Image Plus and Iron Rock Insurance. There are no changes to the Main Market ICTOP10 list. The All JSE ICTOP10 listings remained unchanged, but the order changed markedly, with Guardian Holdings dropping to the number 3 position and 138 Student Living climbing to the top.
The average PE for the JSE Main Market ICTOP 10 is just 5.3, well below the market average of 13.6. The Junior Market TOP10 stands at 7.4, just under half the market’s average of 15.1.
In the Main Market ICTOP 10, 22 stocks with the highest values account for 35 percent of the Main Market, with PE ratios between 15 and 40, with an average of 21 and a PE of 18 for the top half of the market with the highest values.
In the Junior Market IC TOP10, 19 stocks or 40 percent of the market have PEs ranging from 15 to 54, with an average of 23 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 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.
The market closed with an exchange of 6,757,426 shares for US$186,982, up from 218,515 stock units at US$14,425 on Tuesday.
Productive Business Solutions slipped 1 cent to finish at US$1.44 with trading of 2,165 shares. Proven Investments remained at 11 US cents after an exchange of 141,810 stocks, Sterling Investments popped 0.44 of one cent to close at a 52 weeks’ high of 2.4 US cents with a transfer of 156,441 units and Transjamaican Highway advanced 0.72 of one cent in closing at 3 US cents with investors dealing in 6,434,630 stocks.
The market closed with an exchange of 1,023,379 shares for US$89,468, up from 433,666 stock units at US$22,834 on Friday.
Sygnus Real Estate Finance USD share remained at 8.85 US cents with investors swapping 307 units and Transjamaican Highway dropped 0.28 of a cent to end at 2.28 US cents after an exchange of 648,515 stock units.
At the end of the week, the Junior Marlet ICTOP10 main losers were AMG Packaging down 11 percent to close at $2.50, Dolphin Cove falling 10 percent to $12.43 and Elite Diagnostic declining 7 percent to finish at $1.35.
In the All JSE ICTOP10, Express Catering replaced NCB Financial, while Limners and Bards returned to the Junior Market ICTOP10.
ICInsider.com ranks stocks based on projected earnings, allowing investors to focus on the most undervalued stocks and remove emotions in selecting stocks for investments.
The market closed with an exchange of 433,666 shares for US$22,834, down from 870,827 stocks at US$59,277 on Thursday.
Proven Investments rose 0.44 of one cent to close at 11 US cents in trading 111,964 stocks, Sterling Investments ended at 1.96 US cents with a transfer of 2,540 shares. Sygnus Credit Investments remained at 8.8 US cents with investors swapping 28,186 stock units and Transjamaican Highway climbed just 0.18 of a cent to 2.56 US cents after an exchange of 286,032 units.
The market closed with an exchange of 870,827 shares for US$59,277 compared to 3,246,465 stocks at US$123,728 on Wednesday.
Sygnus Credit Investments increased 1.85 cents and ended at 8.8 US cents with 5,392 units crossing the market, Sygnus Real Estate Finance USD share declined 0.15 of one cent to end at 8.85 US cents after an exchange of 30 stocks and Transjamaican Highway shed 0.02 of one cent to close at 2.38 US cents with a transfer of 516,154 shares.
Proven Investments increased by 1 cent to 11 US cents with 394,786 shares crossing the market. Sterling Investments popped 0.01 of a cent to finish at 1.96 US cents after a transfer of 500 stock units, Sygnus Credit Investments slipped 0.05 of one cent and ended at 6.95 US cents with investors trading 2,623 units and Transjamaican Highway fell 0.05 of a cent to close at 2.4 US cents with 2,841,330 shares crossing the exchange.
At the end of the last week the Junior Marlet lost 57.58 points for a 1.7 percent decline during the past week, the Junior Marlet TOP10 stocks outperformed the market prices of 6 stocks rising and just two declining, in contrast, the JSE All Jamaica index fell 1.5 percent with prices of 6 stock declining and just one rising.
Caribbean Assurance rose 8 percent to $2.69, Limners and Bards rallied 5 percent to $1.15 and Kintyre Holdings popped 4 percent higher to close at 28 cents. Elite Diagnostic fell 6 percent to $1.45.
In the Junior Market IC TOP10, 17 stocks or 35 percent of the market have PEs ranging from 15 to 53, with an average of 22 and a PE of 20 for half of the market with the highest PEs.
The market closed with an exchange of 631,514 shares for US$47,545 compared to 2,201,110 stock units at US$192,691 on Tuesday.
Sterling Investments dipped 0.01 of a cent to end at 1.95 US cents in switching ownership of 9,728 shares, Sygnus Credit Investments slipped 0.9 of a cent and ended at 6.1 US cents after 37,253 stock units passed through the market and Transjamaican Highway remained at 2.51 US cents with 528,962 shares crossing the exchange.
The market closed with an exchange of 2,201,110 shares for US$192,691, much lower than 3,997,953 stock units at US$108,139 on Monday.
Sygnus Credit Investments ended at 7 US cents with 141,359 units changing hands and Transjamaican Highway dropped 0.1 of a cent to close at 2.51 US cents as investors exchanged 2,015,743 stocks.