The Main and Junior Market indices slipped marginally during the week with the ICTOP10 stocks having mixed results with Express Catering and Iron Rock Insurance gaining 8 percent to close at $2.35 and $4.30 respectively in the Junior Market while Limners and Bards, AMG Packaging lost 10 percent to close at $1.20 and $2.96 respectively and Access Financial lost 4 percent to close at $17.
In the Main Market ICTOP10, Scotia Group gained 13 percent to end at $62.00, Jamaica Broilers rose 4 percent in closing at $38.60 and Caribbean Producers declined 6 percent to $8.45.
The All JSE TOP10, compiled from all listed ordinary stocks on the JSE, had one change with Jamaica Broilers falling out and AMG Packaging replacing it.
Jamaica Broilers dropped out of the Main Market ICTOP10 with JMMB Group returning after a week’s absence.
The average PE for the JSE Main Market ICTOP 10 sits at just 5.5, well below the market average of 14.4 and the Junior Market TOP10 stands at 8.4, more than half of the market, with an average of 13.3.
Based on the earnings projected estimates for 2024, the Main Market ICTOP10 is projected to gain an average of 274 percent by May 2025, providing better values than the Junior Market, projected to achieve a 154 percent increase for the same time.
In the Main Market ICTOP 10, there are 15 stocks with the highest values representing 29 percent of the Main Market, with PEs between 15 to 105, with an average of 30 and 21 excluding the highest PE ratios and a PE of 24 for the top half of the market with the highest values and 19 excluding the stocks with overweight values.
In the Junior Market IC TOP10 are 14 stocks, 29 percent of the market, with PEs ranging from 15 to 33 with an average of 20 and a PE of 18 for half of the market with the highest PEs.
ICTOP10 focuses on likely yearly winners, accordingly, the list includes some of the best companies in the market, but this is not always so.
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.
The market closed with trading of 4,903,746 shares for $16,541,029 up from 3,452,756 stock units at $8,835,555 on Thursday.
The Junior Market ended trading with an average PE Ratio of 13.3, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
Indies Pharma dropped 47 cents to close at $3.51 with investors trading 41,612 stock units, Jamaican Teas lost 11 cents to finish at $2.08 with 5,840 shares changing hands. KLE Group slipped 20 cents to finish at $1.10 with investors dealing in 10,000 stock units, Limners and Bards shed 7 cents and ended at $1.20 with 104,327 stock units switching owners, Medical Disposables declined 17 cents to end at $1.69 with traders dealing in 40 units and Paramount Trading rose 15 cents in closing at $1.15 in an exchange of 137,051 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading resulted in 3,452,756 shares being swapped for $8,835,555 from 17,765,539 units at $35,405,562 on Wednesday.
At the close of trading on a day of low price movements dominating trading, Access Financial shed 40 cents to close at $17.25 with 315 stock units passing through the exchange, AMG Packaging sank 31 cents to end at $2.97 after a transfer of 2,617 shares, Cargo Handlers rose 5 cents and ended at $12.65 in trading 392 stocks, Caribbean Flavours rallied 6 cents to close at $1.38 after the transferring of 391 units. Consolidated Bakeries slipped 5 cents to end at $1.92 with 2,390 shares crossing the exchange, Derrimon Trading climbed 8 cents to $1.89 with 1,304 units crossing the market. Fontana declined 51 cents to close at $7.60 with a transfer of 258,599 stocks, Indies Pharma increased 51 cents to finish at $3.98 with investors dealing only in two units, Knutsford Express popped $2.43 and ended at $12.98 with 4,581 stocks crossing the market. 
Limners and Bards advanced 7 cents to $1.27 with investors trading 141,622 shares, Main Event fell 69 cents to end at $10.80 in an exchange of 119,557 stock units, Medical Disposables rose 17 cents to close at $1.86 with 16 shares changing hands. Paramount Trading slipped 14 cents to close at $1 after an exchange of 267,322 units, Regency Petroleum rallied 7 cents and ended at $3.12 in trading 65,988 stock units and Stationery and Office Supplies rallied 6 cents in closing at $1.55 after an exchange of 1,053,081 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with trading of 17,765,539 shares for $35,405,562 compared with 4,244,720 units at $7,567,571 on Tuesday.
At the close, the Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and two with lower offers.
Future Energy climbed 7 cents to $3.56 with 84,404 shares clearing the market, Honey Bun skidded 14 cents to end at $8.32 with traders dealing in 53,320 stock units, Indies Pharma sank 59 cents in closing at $3.47 with an exchange of 477,188 shares. Knutsford Express dropped $2.43 to close at $10.55 after the trading of 5,131 stocks, Lasco Financial shed 18 cents and ended at $1.52 after 2,001,331 units passed through the market, Lumber Depot rallied 8 cents to finish at $2.60 with investors dealing in 16,918 stock units and tTech popped 10 cents and ended at $2 with a transfer of 100 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with trading of 4,244,720 shares for $7,567,571 compared with 5,783,575 units at $8,946,780 on Monday.
The Junior Market ended trading with an average PE Ratio of 13.3, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around August 2025.
JFP Ltd rose 7 cents to 93 cents with 5,224 units crossing the market, Lasco Financial rallied 15 cents and ended at $1.70 with an exchange of 2,369,560 stock units, Main Event gained 62 cents to close at $11.49 with 5 shares being traded. Medical Disposables sank 26 cents to close at $1.63 in an exchange of 1,413 units, Stationery and Office Supplies popped 9 cents to end at $1.55 with investors trading 24,392 stocks, Tropical Battery advanced 10 cents to finish at $2.60 with 19,569 stock units switching owners and tTech declined 9 cents and ended at $1.90 with traders dealing in 18,711 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with trading of 5,783,575 shares for $8,946,780 down from 10,298,749 stock units at $15,816,287 on Friday.
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.
GWest Corporation rallied 9 cents to 96 cents with investors trading 38,824 stocks, Honey Bun shed 34 cents and ended at $8.06 with 3,999 stock units passing through the market, Indies Pharma increased 52 cents to close at $4.08 as investors exchanged 8,237 shares. JFP Ltd lost 10 cents to finish at 86 cents with 373,990 stocks crossing the market, Knutsford Express climbed $1.40 to end at $13 after a transfer of 1,104 units, Limners and Bards sank 13 cents to close at $1.20 with investors dealing in 777,058 stock units. Main Event dipped 62 cents to $10.87 trading 3,965 shares, Medical Disposables rose 24 cents to finish at $1.89 after an exchange of 526 stock units, Regency Petroleum slipped 10 cents and ended at $3 with 94,635 units clearing the market and Tropical Battery dropped 9 cents to end at $2.50 after an exchange of 290,621 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with trading of 10,298,749 shares for $15,816,287 compared with 31,160,385 stock units at $41,334,468 on Thursday. Trading averaged 234,062 stocks at $359,461 compared to 677,400 shares for $898,575 on Thursday with the month to date, averaging 334,927 stock units at $603,852 compared with 344,021 shares at $625,888 on the previous day and December that ended with an average of 326,483 stock units at $898,324.
The Junior Market ended trading with an average PE Ratio of 12.9, based on the last traded prices of stocks with earnings projected by ICInsider.com for financial years ending around August 2025.
Express Catering slipped 14 cents to $3.11 with investors swapping 1,947 stock units, Fosrich lost 10 cents to end at $2.15 with 210,984 stocks crossing the exchange, GWest Corporation dipped 9 cents to finish at 87 cents with 491,713 shares switching owners. Honey Bun fell 10 cents to close at $8.40 with 21,884 units clearing the market, Medical Disposables skidded 23 cents to finish at $1.65 in trading 10,763 stock units, Regency Petroleum declined 8 cents and ended at $3.10 after an exchange of 55,064 stock units. Stationery and Office Supplies shed 7 cents to close at $1.49 with investors trading 416,145 shares and tTech popped 45 cents to finish at $2.03 after a transfer of just 28 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with trading of 31,160,385 shares for $41,334,468 compared with just 2,502,820 units for just $4,773,077 on Wednesday.
The Junior Market ended trading with an average PE Ratio of 12.9, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
GWest Corporation rose 10 cents and ended at 96 cents with 11,305,076 shares switching owners. Honey Bun rallied 15 cents to close at $8.50 as 7,435 stocks passed through the market, Indies Pharma skidded 56 cents to finish at $3.60 in an exchange of 111,666 units, ISP Finance sank 90 cents to end at $24.05 with investors trading 10 stock units. KLE Group slid 8 cents to $1.20 with 779 shares crossing the market, Paramount Trading popped 14 cents to end at $1.17 with investors trading 14,148 stock units and Regency Petroleum gained 8 cents to close at $3.18 in an exchange of 445,688 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with trading of 2,502,820 shares for $4,773,077, down from 4,711,914 stock units at $7,694,366 on Tuesday.
The Junior Market ended trading with an average PE Ratio of 13, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
Lumber Depot sank 7 cents and ended at $2.52 after an exchange of 22,580 shares. Main Event increased 69 cents to finish at $11.50 with 493 units passing through the market, Medical Disposables climbed 23 cents to close at $1.88 with an exchange of 14,004 stocks, Omni Industries rose 7 cents to end at $1.08 to close with an exchange of 26,630 stock units. Paramount Trading shed 11 cents to close at $1.03 as investors traded 32,108 shares, Regency Petroleum dropped 9 cents to $3.10 after a transfer of 14,234 units and tTech skidded 33 cents to end at $1.58 with 10,030 stocks crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The Investor’s Choice bid-offer flashed negative indicators at the close with just two stocks ending with bids higher than their last selling prices and seven with lower offers.
The Junior Market ended trading with an average PE Ratio of 12.9, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around August 2025.
KLE Group rallied 20 cents in closing at $1.30 with investors swapping 101 shares. Knutsford Express dipped $1.04 to finish at $11.75 in an exchange of 3,049 stock units, Main Event lost 99 cents and ended at $10.81 with 50,194 stocks passing through the market, Regency Petroleum advanced 9 cents to close at $3.19 with investors trading 236,241 shares. Spur Tree Spices popped 23 cents to $1.90 after an exchange of 80,828 stock units and tTech increased 21 cents to finish at $1.91 with a transfer of 3,058 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.