Berger Paints still heads the IC TOP10 Main Market stocks with the potential to gain 580 percent as the company ends 2026 with less than two months to spare, hopefully unaffected by major dislocations.
During the past week the Jamaica Stock Exchange Main Market closed higher, with the JSE Index closing at 387,081.20, up 1,882.17 points, 0.49 percent, from the the close of 385,199.03 a week earlier and 69,094.32 points, up by 21.73 percent, higher than the 2025 close of 317,986.88. ICTOP10 selection, 138 Student Living led the winners for the week with a gain of 44.19 percent, followed by Sagicor Select Manufacturing and Distribution Fund at 20.83 percent.
Looking forward, the ICInsider.com ICTOP10 forecast for Main Market stocks for 2026 to 2027 puts Berger Paints atop the list at 580 percent, well ahead of the rest of the field, with the company expected to record a major bounce in revenues and profit above the hurricane Melissa-battered 2025 results. JMMB Group is second at 431 percent and Sygnus Credit Investments is third at 418 percent flowing from a solid bounce in its 2026 profits compared with 2025 results. Sygnus Credit Investments also appeared among this week’s top six winners, rising 13.59 percent, so the forecast and recent price action point in the same direction.
QWI Investments is fourth at 400 percent, putting four of the top seven at or above that mark. While interest increased recently, following one of the best profit performances since listing in 2019, the forecast for Jamaica Broilers is a 392 per cent gain. Margaritaville is forecast to deliver gains of 264 percent, It was one of the week’s best performers, up by 7.08 percent. Palace Amusement rounds out the top seven at 251 percent, and it too featured among the week’s top gainers with a 16.33 percent rise. Taken together, three of the seven forecast leaders also gained this week.
The ten winners averaged a gain of 16.00 percent, and the ten losers averaged a decline of 6.67 percent.
The six top winners this past week, posted large moves. 138 Student Living surged 44.19 percent, and Sagicor Select Manufacturing and Distribution Fund rose 20.83 percent.
Sagicor Select Financial Fund popped 19.57 percent and Palace Amusement rose 16.33 percent. Sygnus Credit Investments eked out 13.59 percent, and First Rock Real Estate Investments closed up 12.36 percent.
On the downside, the six biggest decliners were led by Mayberry Jamaican Equities, with a fall of 12.03 percent. A.S. Bryden and Sons dropped 10.07 percent, and Jamaica Producers declined 8.78 percent. West Indies Petroleum lost 8.27 percent, Lasco Distributors fell 7.78 percent, and Pulse Investments closed down 5.94 percent.
The gain in the index is the highest since 2019, when the market index rose 34 percent, the year before the COVID pandemic in 2020. the current year seems set to be the third consecutive year of increase for the market index.
Kingston Properties appreciated 30.85 percent, Sagicor Real Estate Fund ended with a gain of 18.75 percent, General Accident was next after gaining 16.13 percent and surprisingly, RJR Group, the loss maker that is being restructured, rounded out the top ten, gaining 14.04 percent.
Tropical Battery Company was down 20 percent, First Rock Real Estate Investments fell by 18.80 percent, while Wigton Windfarm, suffering from delayed build-out of its new solar power generation plant, suffered a loss of 18.18 percent, and the Jamaica Stock Exchange declined 17.88 percent.
First Rock Real Estate Investments led the winners with a gain of 22.6 percent, followed by Salada Foods with a rise of 16.03 percent, Sagicor Real Estate Fund, the biggest loser, shed 11.68 percent.
Jamaica Broilers Group whose price is expected to recover from the huge collapse earlier this year to deliver gains of 383 percent over the next twelve months. Of note, QWI Investments posted a gain of 6.67 percent this this past week, following increased investors’ interest since reporting a healthy profit in the 2026 fiscal year.
A.S. Bryden & Sons Holdings added 7.22 percent. On the other side, Sagicor Real Estate X Fund declined 11.68 percent to lead the top five losers. Palace Amusement Company fell 8 percent, Kingston Properties lost 7.69 percent, Quantas Advantage declined by 6.88 percent and GraceKennedy slipped by 5.5 percent.
Main market stocks were helped considerably by the market recovering 6.5 percent since early December with the market closing with a bullish tone.
gained 22 percent and Stanley Motta 14 percent followed by the Trinidad based Massy Holdings up 13 percent, in a year when only 13 stocks posted gains in the main market.
The stock has enjoyed regular trading since the announcement of the split with the price reaching a record $3,300 and is now trading in the $2,700 range since releasing half year results with profits and revenues surging 222 percent to $486 million, with a profit of $79 million in the December quarter.
Trading ended, with an exchange of 21,991,278 shares compared with 29,715,470 units on Thursday, with a value of $203.3 million down from $285.4 million on the previous day. Trading on the JSE USD market resulted in investors exchanging US$7,760 versus US$36,261 on Thursday.
The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
Dividends payable and yields for each company are shown in the Main and Junior Markets’ daily report charts that show the closing volume for the bids and offers.

The ICInsider.com PE Ratio chart covers all ordinary shares on the Jamaica Stock Exchange. It shows companies grouped on an industry basis, allowing easy comparisons between the same sector companies and the overall market.
At the same time, the JSE Main Market, while trading above the March 2001 low, is nowhere near the 2020 high and closed out the first quarter marginally down on the 2020 closing.
In the meantime, the JSE Main Market failed to move higher in 2021, ending the first quarter 0.20 percent lower than the December close. It is still a bit lower than the 442,905.76 reached on the All Jamaica Composite Index after the early rebound from the 2020 low of 375,091.09 reached on March 25 last year, or the 438,045.18 reached subsequently on November 30.
The Main Market recorded gains in 16 stocks that beat the market’s average move in 2021, with 26 falling below. Main market stocks with healthy gains are Ciboney with a stunning 142 percent rise, followed by Salada Foods with 125 percent gain aided by a 10 to one stock split, Grace Kennedy 37 percent, First Rock 31 percent and proven Investments 27 percent. Palace Amusement Company that the Covid-19 dislocation has badly hurt is the worst-performing stock with a 51 percent decline, followed by Portland JSX with a loss of 25 percent and Radio Jamaica with 22 percent. Wisynco lost 14 percent and Wigton Windfarm 13 percent.