Stocks rained down on the JSE market


Falling stocks rained down on the Jamaica Stock Exchange on Tuesday as the market pulled back from the month end run up on Monday and closed with a fall in the volume and the value of stocks exchanged, than on Monday, resulting in a sizable drop in the Junior Market index, the Main Market major indices declined sharply and the JSE USD Market dropped. At the end of trading prices of 21 shares rose, 66 declined and 32 remained firm.

The JSE Combined Market Index sank 4,245.54 points to 337,769.85, as the All Jamaican Composite Index dropped 4,984.16 points to 378,196.07, the JSE Main Index declined 3,402.63 points to wrap up trading at 326,701.66, the Junior Market Index sank 138.45 points to end at 3,535.49 and the JSE USD Market Index skidded 8.51 points to 216.33.
At the close of trading, 28,957,821 shares were exchanged in all three markets, down from 56,767,722 units on Monday, with the value of stocks traded on the Junior and Main markets amounting to $110.59 million, down from $475.56 million on the previous day and the JSE USD market closed with an exchange of 161,911 shares for US$40,305 compared to 815,187 units at US$28,912 on Monday.
In Main Market activity, Transjamaican Highway led trading with 15.83 million shares followed by Radio Jamaica with 2.37 million stocks and Sagicor Select Financial Fund with 1.31 million units.
In Junior Market trading, Jamaican Teas led with 1.85 million shares followed by Dolla Financial with 907,116 stocks and JFP Ltd with 372,308 units.
In the preference segment, Eppley 7.75% preference share sank $2.45 to end at $18, Jamaica Public Service 7% declined $5 to $40, 138 Student Living preference share dived $33 to finish at $200 and Sygnus Credit Investments C10.5% dipped $6.05 and ended at $91.
The market’s PE ratio, the most popular measure used to value stocks, ended at 12.8 based on 2024-25 earnings and 20.2 based on 2024 historical earnings. The ICInsider.com PE ratio chart and the other more detailed daily charts provide investors with regularly updated information to help decision-making. The PE ratio chart covers all ordinary shares listed on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market. The earnings per share (EPS) and PE ratios are based on 2024 and 2025 actual or projected earnings, excluding any major one time income or expense.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The chart should be used in making rational decisions when investing in stocks close to the sector average, 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 net asset value of each company is incorporated into the chart. Investors can use this measure in assessing stock values. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends that are paid or are due to be paid and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.

5 Junior Market stocks close at 1 year highs


Trading activity closed out March on the Junior Market of the Jamaica Stock Exchange on Monday, with five stocks hitting 52 weeks’ closing highs, one ending at a 52 weeks’ closing low and one with an intraday 52 weeks’ low, following a 75 percent jump in the volume of stocks traded, valued 134 percent more than on Friday following trading in 46 securities, similar to Friday. Trading ended with prices of 21 stocks rising, 15 declining and 10 closing unchanged, resulting in the market index climbing to close the first quarter of the year down 1.6 percent.

Fosrich, Gwest Corporation, Indies Pharma, Jamaican Teas as well as Regency Petroleum all closed at 52 weeks’ highs. ISP Finance ended at a 52 weeks’ closing low and Paramount Trading hit a 52 weeks’ intraday low of 80 cents.
The market closed with trading of 20,549,503 shares for $46,764,453, up sharply from 11,738,756 stock units at $19,977,567 on Friday.
Trading averaged 446,728 shares at $1,016,619, well above the 255,190 stocks exchanged at $434,295 on Friday, with the month to date, averaging 307,021 units at $759,432 in line with 299,183 stock units at $745,004 on the previous day and February with an average of 246,071 shares at $454,487.
Future Energy led trading with 4.0 million shares for 19.5 percent of total volume followed by ONE on ONE Educational which ended with 2.89 million stocks for 14.1 percent of the day’s trade, Derrimon Trading closed with 2.73 million stocks for 13.3 percent of the volume traded, Mailpac Group with 1.52 million units for 7.4 percent of the stocks that were traded, Indies Pharma with 1.23 million units for 6 percent of the total volume and Regency Petroleum with 1.19 million units for 5.8 percent of market share.
At the close of trading, the Junior Market Index rose by a solid 70.39 points to close at 3,673.94. The Investor’s Choice bid-offer indicator shows nine stocks ending with bids higher than their last selling prices and two with lower offers.
The Junior Market ended trading with an average PE Ratio of 14.9, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close of the market, Access Financial sank 15 cents to close at $16.40 as investors exchanged 8,662 shares, AMG Packaging slipped 38 cents to $2.72 with 49,955 stocks crossing the market, Caribbean Flavours fell 5 cents to end at $1.24 in switching ownership of 7,246 units. Dolla Financial rose 5 cents to $2.65 with investors swapping 365,802 shares, Dolphin Cove declined $1.38 to finish at $16.11 in an exchange of 5,826 stocks. Fontana advanced 6 cents and ended at $9.49, with investors trading 155,159 units. Fosrich popped 35 cents to a 52 weeks’ high of $2.80 after an exchange of 725,890 shares, Future Energy rallied 10 cents and ended at $3.30 after trading of 3,997,895 stocks, GWest Corporation increased 15 cents to close at a 52 weeks’ high of $1.24 with 39,183 units clearing the market. Honey Bun lost 10 cents in closing at $7.90 with traders dealing in 33,358 shares, Image Plus climbed 8 cents to finish at $1.21 after an exchange of 1,051,220 stocks, Indies Pharma gained 34 cents to end at a 52 weeks. High of $4.17 with investors trading 1,227,483 units. ISP Finance skidded $1.03 to a 52 weeks’ low of $15 in an exchange of 2,931 shares, Jamaican Teas popped 26 cents and ended at $2.79 with investors dealing in 438,694 stocks, Jetcon Corporation climbed 14 cents in closing at $1.15 with a transfer of 60,853 units. Knutsford Express rose 69 cents to finish at $14.49 with 9,888 shares crossing the exchange, Limners and Bards rallied 5 cents to end at $1.19 after a transfer of 1,100 stocks, Mailpac Group increased 19 cents to close at $2.50 after closing with an exchange of 1,519,761 shares. Medical Disposables sank 13 cents to $1.75 with an exchange of 6,774 shares, Omni Industries advanced 11 cents and ended at $1.02 after 48,288 stocks passed through the market, Regency Petroleum gained 25 cents to close at $3.60 with 1,194,355 units changing hands and Tropical Battery dipped 10 cents to end at $2.40 in trading 5,219 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

NCB, JMMB, SVL pushed JSE Main and Junior Markets sharply higher


The Jamaica Stock Exchange could not repeat the surge in trading on the market by Barita Investments and Transjamaican Highway on Friday and ended with a fall in the volume and value of stocks exchanged on Monday, with sharp price gains in NCB Financial, JMMG Group and Supreme Ventures along with others with lesser gains, resulted in a sharp rise for the Main Market and the Junior Market, consistent with end of month moves. The JSE USD Market declined moderately. At the close, the prices of 53 shares rose, 31 declined and 28 remained firm.

The JSE Combined Market Index surged by 4,678.69 points to end at 342,015.39, the All Jamaican Composite Index jumped 5,173.84 points to end at 383,180.23, the JSE Main Index climbed 4,365.05 points to finish at 330,104.29, the Junior Market Index popped 70.39 points to end trading at 3,673.94 and the JSE USD Market Index declined 2.04 points to 224.84.
At the close of trading, 56,767,722 shares were exchanged in all three markets, down from 223,671,543 units on Friday, with the value of stocks traded on the Junior and Main markets amounted to $475.56 million, well below the $4.28 billion on the previous day and the JSE USD market closed with an exchange of 815,187 shares for US$28,912 compared to 386,163 units at US$29,928 on Friday.
In Main Market activity, Wigton Energy led trading with 15.17 million shares, followed by Transjamaican Highway with 5.60 million stocks fresh from investors’ accounts being credited with new shares following the closure of the recent public share issue and Supreme Ventures with 4.08 million units.
In Junior Market trading, Future Energy led with 4.0 million shares followed by ONE on ONE Educational with 2.89 million stocks and Derrimon Trading with 2.73 million units.
In the preference segment, Eppley 7.75% preference share rallied $1.10 in closing at $21, 138 Student Living preference share increased $33 to $233 and Sygnus Credit Investments C10.5% dipped $1.45 to end at $97.
The market’s PE ratio, a frequently used measure to value stocks, ended at 15 based on 2024-25 earnings and 20.7 using 2024 historical earnings. The ICInsider.com PE ratio chart and the other more detailed daily charts provide investors with regularly updated information to help decision-making. The PE ratio chart covers all the ordinary shares on the Jamaica Stock Exchange and are grouped by industry, allowing investors to made easy comparisons within a sector and the overall market. The earnings per share (EPS) and PE ratios are based on 2024 and 2025 actual or projected earnings, excluding any major one time income or expense.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The chart should be used in making rational decisions when investing in stocks close to the sector average, 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 net asset value of each company is incorporated into the chart. Investors can use this measure in assessing stock values. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends that are paid or are due to be paid and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.

Junior Market rallies into weekend


Activity on the Junior Market of the Jamaica Stock Exchange closed on Friday, with the volume declining 11 percent, with 19 percent lower value than Thursday following trading in 46 securities compared with 45 on Thursday and ending with prices of 22 rising, 11 declining and 13 closing unchanged.

The market closed with trading of 11,738,756 shares for $19,977,567 compared with 13,245,591 units at $24,563,567 on Thursday.
Trading averaged 255,190 shares at $434,295, down from 294,34 units at $545,857 on Thursday, with a month to date average of 299,183 stock units at $745,004 compared to 301,798 stock units at $763,470 on the previous day and February with an average of 246,071 shares at $454,487.
ONE on ONE Educational led trading with 2.51 million shares for 21.3 percent of total volume followed by Derrimon Trading ending with 1.56 million stocks for 13.3 percent of the day’s trade, Lasco Financial closed with 1.52 million units for 13 percent of the volume traded, Jamaican Teas closed with 1.46 million units for 12.4 percent of the overall volume and RA Williams ended with 1.05 million units for 8.9 percent of market share.
At the close of trading, the Junior Market Index gained 17.42 points to conclude trading at 3,603.55 and rose 131.67 points or 3.8 percent for the week.
The Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and five with lower offers.
The Junior Market ended trading with an average PE Ratio of 14.6, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close, Access Financial climbed 16 cents to close at $16.55 with investors dealing in just 264 stock units, Blue Power dipped 49 cents to $5.10 after an exchange of 3,259 stocks, CAC 2000 rose 16 cents in closing at $2.65 with 2,745 shares crossing the market. Cargo Handlers rallied 74 cents to end at $11.24 after a transfer of 328 stock units, Caribbean Assurance Brokers popped 14 cents to finish at $2.78 in switching ownership of 3,450 shares, Caribbean Cream gained 17 cents and ended at $2.60 with 5,348 units crossing the market. Dolla Financial sank 15 cents to $2.60 with an exchange of 189,474 stocks, Dolphin Cove increased $1.39 and ended at $17.49 after 8,541 stock units passed through the market, Elite Diagnostic advanced 9 cents to close at $1.60 with a transfer of 14,289 shares. Fontana dropped 7 cents to finish at $9.43 after an exchange of 72,755 units, Fosrich rose 5 cents to end at $2.45 with investors trading 691,177 stocks, GWest Corporation rallied 13 cents in closing at $1.09 in an exchange of 185,169 stock units. Indies Pharma increased 17 cents to $3.83 with 111,394 shares changing hands, Iron Rock Insurance climbed 87 cents to end at $3.88 in an exchange of 46 stocks, Jamaican Teas popped 5 cents in closing at $2.53 with investors trading 1,457,877 units. Knutsford Express gained 50 cents to close at $13.80 with 5,544 stock units clearing the market, Mailpac Group shed 14 cents to finish at $2.31 in trading 200,245 shares, Medical Disposables advanced 34 cents and ended at $1.88 with 3,008 stock units crossing the exchange. Omni Industries declined 8 cents to end at 91 cents with traders dealing in 30,502 units, RA Williams sank 5 cents to close at 63 cents as investors exchanged 1,048,525 stocks, Spur Tree Spices slipped 5 cents in closing at $1.35 with an exchange of 308,906 units and Stationery and Office Supplies rose 19 cents to finish at $1.60 with investors swapping 7,879 stocks.

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

Heavy trading in 3 stocks on Friday


Heavy trading in shares of Transjamaican, with 104.06 million units followed by JMMB Group 10% preferred shares with 50.87 million stocks and Barita Investments with 50.01 million stock units, pushed trading on the Jamaica Stock Exchange to 223,671,543 shares in all three markets, up marginally from 212,251,283 units on Thursday, with the value of stocks traded on the Junior and Main markets surging to $4.28 billion, well over the $495.52 million on the previous day and the JSE USD market closed with an exchange of 386,163 shares for US$29,928 sliding from 1,881,720 units at US$213,579 on Thursday.

Trading resulted in all major indices in the three markets rising following the prices of 44 shares rising, 31 declining and 32 remaining firm.
At the close of the market, the JSE Combined Market Index gained 1,324.60 points to end trading at 337,336.70, the All Jamaican Composite Index rose 1,461.32 points to close trading at 378,006.39, the JSE Main Index gained 1,254.58 points to end at 325,739.24, the Junior Market Index climbed 17.42 points to 3,603.55 and the JSE USD Market Index jumped 12.51 points to settle at 226.88.
At the close of Main Market activity, Transjamaican Highway led trading with 104.06 million shares followed by JMMB Group 10% preferred shares with 50.87 million stocks and Barita Investments with 50.01 million stock units with a value of $3.67 billion.
In Junior Market trading, ONE on ONE Educational led with 2.51 million shares followed by Derrimon Trading with 1.56 million stocks and Lasco Financial with 1.52 million stock units.
In the preference segment, Sygnus Credit Investments C10.5% sank $1.50 to finish at $99.
The market’s PE ratio, the most popular measure used to value stocks, ended at 12.7 based on 2024-25 earnings and 20.5 based on 2024 historical earnings. The ICInsider.com PE ratio chart and the other more detailed daily charts provide investors with regularly updated information to help in decision-making. The PE ratio chart covers all ordinary shares listed on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market. The earnings per share (EPS) and PE ratios are based on 2024 and 2025 actual or projected earnings, excluding any major one time income or expense.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The chart should be used in making rational decisions when investing in stocks close to the sector average, 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 net asset value of each company is incorporated into the chart. Investors can use this measure in assessing stock values. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends that are paid or are due to be paid and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.

Solid gains for JSE Junior Market   


The Junior Market of the Jamaica Stock Exchange continues its recovery from the fall occasioned by the two public share issues that closed last week, with the market Index popping 46.94 points, up by 1.33 percent to 3,586.13, with trading in 45 securities, up from 44 on Wednesday and ending with prices of 21 rising, 15 declining and nine closing unchanged, with Fontana closing at a 52 weeks’ high of $9.50, Stationery and Office Supplies closing at a 52 weeks’ low of $1.41 and RA Williams trading at an intraday 52 weeks’ low of 57 cents.

The market closed with trading of 13,245,591 shares for $24,563,567 compared to 15,529,234 units at $24,827,930 on Wednesday.
Trading averaged 294,346 shares at $545,857, somewhat lower than the 352,937 stocks at $564,271 on Wednesday, with the month to date, averaging 301,798 stock units at $763,470 in line with 302,258 stock units at $776,903 on the previous day compared to February that ended with an average of 246,071 shares at $454,487.
ONE on ONE Educational led trading with 3.24 million shares for 24.5 percent of total volume followed by Derrimon Trading which ended with 2.68 million stocks for 20.2 percent of the day’s trade, Fosrich closed with 2.61 million stocks for 19.7 percent of the volume traded and Jamaican Teas with 1.90 million units for 14.4 percent of market share.
At the close of trading, the Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than their last selling prices and none with a lower offer.
The Junior Market ended trading with an average PE Ratio of 13.4, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close of the market, AMG Packaging popped 40 cents and ended at $3.10 in an exchange of 7,913 stocks, CAC 2000 rallied 14 cents to $2.49 trading 603 units, Caribbean Assurance Brokers sank 19 cents to close at $2.64 after an exchange of just 164 shares. Caribbean Cream increased 22 cents in closing at $2.43 with investors trading 4,000 stock units, Dolla Financial popped 15 cents to finish at $2.75 with 148,196 shares changing hands, Dolphin Cove dropped $1.79 to end at $16.10 and closed with 4,327 stocks changing hands. Everything Fresh rose 13 cents to $2.03 in an exchange of 284,786 units, Express Catering gained 10 cents to end at $2.88 with 57,724 stock units clearing the market, Fontana advanced 26 cents in closing at a 52 weeks’ high of $9.50 after a transfer of 111,010 shares. Future Energy lost 13 cents to close at $3.17 with traders dealing in 201,691 stocks, GWest Corporation popped 5 cents and ended at 96 cents as investors exchanged 131,026 units, Indies Pharma dipped 23 cents to finish at $3.66 with a transfer of 52,032 stock units. Iron Rock Insurance sank 89 cents to $3.01 with investors dealing in 2,939 shares, Jetcon Corporation dropped 8 cents in closing at $1.01 after an exchange of 355 stocks, Knutsford Express gained $1.27 and ended at $13.30 with investors trading 109 units. Lasco Financial rose 5 cents to end at $1.64 with 9,909 units passing through the market, MFS Capital Partners fell 5 cents to finish at 40 cents with an exchange of 112,602 shares, Paramount Trading declined 5 cents to close at $1 with 61,401 stocks crossing the market. Regency Petroleum rallied 12 cents to $3.37 with 126,349 units switching owners and Stationery and Office Supplies shed 10 cents to finish at a 52 weeks’ low of $1.41 with 292,087 stock units crossing the market.

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

Slippage for JSE Junior Market


After a spirited recovery in the past two days, the market index of the Junior Market of the Jamaica Stock Exchange pulled back moderately on Tuesday, with a fall of just 16.61 points to settle at 3,539.19 on Wednesday. The volume and the value of stocks crossing the market increased 26 percent and 4 percent respectively over Tuesday, following trading in 44 securities as well as Tuesday and ending with prices of 14 rising, 15 declining and 15 closing unchanged, the Investor’s Choice bid-offer indicator shows signs that trading could deliver gains on Thursday, see below.

The market closed with trading of 15,529,234 shares for $24,827,930, up from 12,294,992 stock units at $23,929,634 on Tuesday.
Trading averaged 352,937 shares at $564,271 compared to 279,432 stocks at $543,855 on Tuesday, with trading for the month to date averaging 302,258 stock units at $776,903, just surpassing 299,003 stock units at $790,561 on the prior day and higher than February with an average of 246,071 shares at $454,487.
ONE on ONE Educational led trading with 4.86 million shares for 31.3 percent of total volume followed by Jamaican Teas which ended with 2.27 million stocks for 14.6 percent of the day’s trade, Kintyre Holdings closed with 1.86 million stock units for 12 percent of the volume traded, Fosrich closed with 1.82 million shares for 11.7 percent of traded stocks and Derrimon Trading with 1.47 million shares for 9.4 percent of market share.
At the close of trading, the Junior Market Index slipped 16.61 points to 3,539.19. The Investor’s Choice bid-offer indicator shows nine stocks ending with bids higher than their last selling prices and none with a lower offer.
The Junior Market ended trading with an average PE Ratio of 13.4, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close of the market, AMG Packaging shed 10 cents to $2.70 in an exchange of 31,751 stocks, Blue Power fell 9 cents to $5.60 with 10,476 stocks changing hands, Caribbean Assurance Brokers advanced 16 cents and ended at $2.83 in an exchange of 27,417 shares. Caribbean Cream declined 39 cents to finish at $2.21 with 3,654 stock units crossing the market,
Derrimon Trading popped 13 cents to close at $1.95 with trading of 1,465,602 shares, Dolla Financial lost 5 cents to end at $2.60 with 392,633 stock units clearing the market. Dolphin Cove rallied 89 cents in closing at $17.89 with investors trading 1,290 stocks, GWest Corporation sank 5 cents to 91 cents with 7,383 stock units crossing the market, Indies Pharma increased 7 cents and ended at $3.89 after exchanging 269,013 shares. Iron Rock Insurance dipped 9 cents to end at $3.90 with 500 stock units passing through the market, ISP Finance sank 50 cents to close at $16.02 with 9,498 units crossing the exchange, Jetcon Corporation rallied 9 cents to finish at $1.09 after a transfer of 300 stocks. Knutsford Express skidded $1.42 and ended at $12.03 with 11,160 units switching owners and Tropical Battery rose 13 cents to $2.50 as investors exchanged 79,550 stocks.

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

Rebounding Junior Market


Following the steep sell off of stocks on the Junior Market of the Jamaica Stock Exchange leading up to the public share issues that closed last week, the market made a spirited recovery over the past two days, ending with a 54.28 points jump on Tuesday to close at 3,555.80. The volume of stock traded fell 39 percent as the value dropped 75 percent lower than Monday, following trading in 44 securities down from 46 on Monday and ending with prices of 26 rising, only 10 declining and eight closing unchanged.

The market closed with trading of 12,294,992 shares at $23,929,634, well below the 19,996,597 units at $94,755,148 on Monday.
Trading averaged 279,432 shares at $543,855, down from 434,709 stocks at $2,059,895 on Monday, with the month to date, averaging 299,003 units at $790,561, which is aligned with the 300,346 stock units at $807,495 on the previous day compared with February with an average of 246,071 shares at $454,487.
Jamaican Teas led trading with 4.24 million shares for 34.5 percent of total volume followed by Fosrich which ended with 1.83 million stocks for 14.8 percent of the day’s trade, Kintyre Holdings closed with 1.05 million stock units for 8.5 percent of the volume traded, Derrimon Trading with 1.04 million shares for 8.5 percent of the volume traded and ONE on ONE Educational with 1.04 million stocks for 8.4 percent of market trade.
At the close of trading, the Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and six with lower offers.
The Junior Market ended trading with an average PE Ratio of 13.5, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close of the market, AMG Packaging advanced 22 cents to finish at $2.80 after a transfer of 6,430 stock units, Blue Power popped 32 cents and ended at a 52 weeks; closing high of $5.69 as investors exchanged 31,308 shares, CAC 2000 climbed 20 cents to $2.35 with a transfer of 1,940 stocks. Cargo Handlers slipped $1 to end at $10.50 with 26,249 units passing through the market, Caribbean Assurance Brokers rose 36 cents in closing at $2.67 in an exchange of 12,835 stocks, Derrimon Trading lost 8 cents to close at $1.82 in trading 1,043,198 units. Dolphin Cove skidded 89 cents to $17 with 3,106 shares changing hands, Elite Diagnostic sank 9 cents to finish at $1.51 with investors swapping 65,876 stock units, Express Catering gained 6 cents and ended at $2.76 with 12,565 shares crossing the exchange. Fontana increased 20 cents to end at $9.20 with investors trading 85,529 stocks, Future Energy rallied 9 cents in closing at $3.28 with 155,275 units crossing the market, GWest Corporation rose 9 cents to close at 96 cents with investors dealing in 47,851 stock units. Indies Pharma shed 12 cents to end at $3.82 after an exchange of 23,458 shares, Iron Rock Insurance advanced 19 cents to end at $3.99 with 25 units clearing the market, Jamaican Teas popped 6 cents in closing at $2.45 after an exchange of 4,243,169 stock units. JFP Ltd increased 7 cents to finish at 72 cents with 24,739 stock units crossing the market, Main Event climbed $1.29 and ended at $11.99 with traders dealing in 350 shares, MFS Capital Partners gained 6 cents to close at 46 cents with 1,730 stock units switching owners and Regency Petroleum rallied 9 cents to $3.25 with investors trading 182,437 units.

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

Kintyre heads All JSE ICTOP10


The price of Kintyre Holdings dropped 15 percent during the week to close at a 52 weeks’ low of 28 cents and jumped to the top of the All JSE ICTOP10 with potential gains of 471 percent and pushing Guardian Holdings to the number 2 spot, projected to gains just over 400 percent, with markets declining during the past week with the Main Market falling less than one percent and the Junior Market falling 2.3 percent.

The Transjamaican’s public share issue which is 36 percent oversubscribed, diverted funds away from the secondary market, resulting in the ICTOP10 ending with the prices of just two stocks rising in the Junior Market listing while seven declined. In the Main Market listing three stocks rose and six declined.
In the Junior Market ICTOP10, Express Catering rebounded from a loss of the previous week with an 11 9 percent climb to $2.89 and Iron Rock Insurance just managed to eke out a 3 percent rise to $3.80. and dropped out of the Junior Market ICTOP10 allowing Dolphin Cove to return.
AMG Packaging lost 21 percent to close at $2.30, following an 18 percent drop in the previous week, Kintyre Holdings suffered a 15 percent decline to 28 cents, accompanying heavy selling in the stock. declined 10 percent to $2.60, Caribbean Assurance declined by 14 percent to close at $2.36, Caribbean Flavours fell 10 percent to $1,16, Limners & Bards slipped 7 percent to $1.12 and Dolla Financial lost 3 percent to close the week at $2.66.
In the Main Market ICTOP10, Margaritaville rose 5 percent to $15.50 and VM Investments gained 3 percent to $2.25. $15.
NCB Financial hit an eight and a half year low of $42 after falling 7 percent during the week after trading as low as $40.10, 38 percent below the $65 the new shares were sold at last year to the public, QWI Investments fell 6 percent to 77 cents and Jamaica Broilers dropped 5 percent to $35.24.
The All JSE ICTOP10, compiled from all listed ordinary stocks on the Jamaica Stock Exchange ended the week with Caribbean Producers returning to the All JSE ICTOP10, while Express Catering fell out.
There is one change to the Junior Market ICTOP10 and none in Main Market ICTOP10, with the Junior Market Iron Rock Insurance returning as Dolphin Cove drops out with the B recovery continuing for the stock price following the sharp fall two weeks ago.
The average PE for the JSE Main Market ICTOP 10 sits at just 5.7, well below the market average of 15 and the Junior Market TOP10 stands at 7.6, more than half of the market, with an average of 13.9.
Based on 2024 earnings estimates, the Main Market ICTOP10 is projected to gain an average of 2515 percent by May 2025, providing better values than the Junior Market, that is projected to achieve a 211 percent increase for the same period.
In the Main Market ICTOP 10, there are 18 stocks with the highest values accounting for 35 percent of the Main Market, with PEs between 15 to 42, with an average of 21 and a PE of 20 for the top half of the market with the highest values.
In the Junior Market IC TOP10, 12 stocks or 26 percent of the market have PEs ranging from 15 to 29 with an average of 19 and a PE of 17 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 non-blue chip stocks and in some cases weaker companies that may be oversold and therefore end up on the list. ICInsider.com ranks stocks based on projected earnings, allowing investors to focus on the most undervalued stocks and helping to remove emotions in selecting stocks for investments that often result in costly mistakes.
IC TOP10 stocks will likely deliver the best returns on or around May 2025 and 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 receipt of new information.
Persons who compiled this report may have an interest in securities commented on in this report.

Big trading bounce for Junior Market


Trading jumped on the Junior Market of the Jamaica Stock Exchange on Monday with the volume of stocks changing hands surging 91 percent to 19,996,597 shares worth $94,755,148, up significantly by 877 percent above the 10,451,559 units at just $9,701,596 on Friday, with Fontana chipping in with 8.7 million shares worth just over $78 million, and with trading in 46 securities up from 40 on Friday and resulting in the prices of 24 securities rising, 10 declining and 12 closing unchanged.

Trading averaged 434,709 shares at $2,059,895 up sharply from 261,289 stocks at $242,540 on Friday with a month to date average of 300,346 units at $807,495 slightly above the 289,958 stock units at $710,671 on the previous day and February with an average of 246,071 shares for $454,487.
Fontana led trading with 8.70 million shares for 43.5 percent of total volume followed by ONE on ONE Educational with 3.24 million stocks for 16.2 percent of the day’s trade, Derrimon Trading closed with 2.52 million stock units for 12.6 percent of the volume traded and Kintyre Holdings with 1.49 million units for 7.4 percent of market trade.
At the close of trading, the Junior Market Index settled with a gain of 29.64 points to end at 3,501.52. The Investor’s Choice bid-offer indicator shows eight stocks ending with bids higher than their last selling prices and none with a lower offer.
The Junior Market ended trading with an average PE Ratio of 13.2, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close of the market, Access Financial popped 7 cents to finish at $16.39 with investors swapping 2,141 stock units, AMG Packaging gained 28 cents and ended at $2.58 with an exchange of 39,979 shares at the close of the trading session, CAC 2000 rose 21 cents to $2.15 with 85 units traded. Cargo Handlers rallied 50 cents in closing at $11.50 with investors dealing in 791 stock units, Caribbean Cream increased 15 cents to end at $2.65 in an exchange of 395 shares, Caribbean Flavours climbed 13 cents to close at $1.29 with 76 stocks changing hands. Consolidated Bakeries advanced 7 cents to $2.03 in an exchange of 12,168 units, Derrimon Trading rose 10 cents to close at $1.90 with 2,520,124 stock units clearing the market, Dolphin Cove gained $1.77 to end at $17.89 with an exchange of just 1,355 shares. Elite Diagnostic popped 9 cents in closing at $1.60 with 18,669 stocks crossing the market, Everything Fresh rallied 27 cents to finish at $1.90 in trading 23 units, Express Catering dipped 19 cents and ended at $2.70 after a transfer of 19,412 stock units. Fosrich increased 13 cents to $2.30 with traders dealing in 714,126 shares, Honey Bun climbed 9 cents to close at $7.99 as investors exchanged 21,806 stocks, Indies Pharma advanced 20 cents and ended at $3.94 with a transfer of 280,854 units. ISP Finance sank $3.48 to end at $16.52 after an exchange of 10 stock units, Jamaican Teas rose 9 cents in closing at $2.39 with investors trading 486,960 shares, Mailpac Group rallied 11 cents to finish at $2.49 with 73,613 stock units crossing the exchange. Main Event slipped $1.30 and ended at $10.70 with investors trading 6,050 stocks, Medical Disposables popped 20 cents to $1.55 after an exchange of 255 stock units, ONE on ONE Educational gained 6 cents to end at 93 cents with 3,240,756 shares passing through the market and Paramount Trading lost 9 cents in closing at $1 in the trading of 50,000 stock units.

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