138 Student Living and Consolidated Bakeries jumped 41 and 34 percent respectively, from $5.14 to $7.25 and from $1.49 to $1.99 and fell out ICTOP10 this week at a time CAC2000 jumped 36 percent to $8.25 as the price recovered from a 21 percent fall to $6.05 last week.
The moves follow funds previously tied up in the One on One IPO coming back to the market.
Other meaningful ICTOP10 movers this past week, are Iron Rock Insurance and Lasco Manufacturing jumping 11 percent to $3 and $4.55 respectively and Caribbean Cream rising 10 percent to $4.25, while Caribbean Assurance Brokers slipped 8 percent $2.50.
The Main Market ended the week with Productive Business Solutions rising 15 percent to US$1.32, Berger Paints rising 12 percent to $11.45 and Sterling Investment put on 5 percent to $2.90, while VM Investments dipped 4 percent to $5.30.
In the Junior Market ICTOP10 General Accident and Lasco Financial replaced Consolidated Bakeries and Lasco Manufacturing. There was one change in the Main Market with Radio Jamaica replacing 138 Student Living.
The average PE for the JSE Main Market TOP 10 is 6.2, well below the market average of 14, while the Junior Market Top 10 PE sits at six versus the market at 12.8. The Junior Market is projected to rise by 240 percent and the Main Market TOP10 is projected to gain an average of 233 percent each by May 2023.
ICTOP10 focuses on likely yearly winners, accordingly, the list includes some of the best companies in the market but not always. 
ICInsider.com ranks stocks based on projected earnings to highlight winners from the rest, allowing investors to focus on potential winning stocks and helping to remove emotions in selecting stocks for investments that often result in costly mistakes.
IC TOP10 stocks are likely to deliver the best returns up to the end of May 2023 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 and result 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.
Trading ended with 117,261 shares being exchanged for US$13,332, down from 954,744 units at US$59,481 on Thursday. The average volume traded was 13,029 units at US$1,481 versus 159,124 shares at US$9,914 on Thursday, with the month to date averaging 54,622 shares at US$8,321 versus 56,947 units at US$8,704 on the previous trading day. July ended with an average of 49,665 units for US$3,449.
Proven Investments increased 2.4 cents to close at 21.4 US cents after exchanging 925 stock units, Sygnus Credit Investments USD share rose 0.86 of a cent to 11.97 US cents after trading 5,160 shares, Sygnus Real Estate Finance USD share dipped 0.05 of one cent to 12.45 US cents in exchanging 1,394 stocks and Transjamaican Highway rallied 0.05 of a cent to close at 0.9 of one US cent after trading 69,856 units.
Overall, 954,744 shares were traded for US$59,481 compared to 819,705 units at US$242,568 Wednesday. Trading averaged 159,124 units at US$9,914, versus 102,463 shares at US$30,321 on Wednesday, with a month to date average of 56,947 shares at US$8,704 versus 52,992 units at US$8,657 on the previous trading day. July ended with an average of 49,665 units for US$3,449.
At the close, First Rock Real Estate USD share remained at 4 US cents in an exchange of 41,225 shares, Productive Business Solutions climbed 5 cents to end at US$1.20 after a transfer of 4,819 stock units, Proven Investments lost 1 cent in closing at a 52 weeks’ low of 19 US cents, with 193,028 units changing hands. Sterling Investments ended at 2.09 US cents, with investors transferring 2,840 stocks and Transjamaican Highway closed at 0.85 of a US cent in exchanging 708,836 stock units.
Trading of 819,705 shares for US$242,568 were exchanged compared to 475,683 units at US$98,429 on Tuesday. Trading averaged 102,463 units at US$30,321, versus 67,955 shares at US$14,061 on Tuesday, with month to date average of 52,992 shares at US$8,657 versus 50,299 units at US$7,478 on the previous trading day. July ended with an average of 49,665 units for US$3,449.
Transjamaican Highway shed 0.1 of a cent to close at 0.85 US cents in exchanging 27,222 stocks.
The disclosure that Dolla Financial corresponded with Access Financial to explore merger talks, put new life into the former TOP10 stock, with increased buying in the stock this past week. Trading picked up with 115,359 units being exchanged during the week, up from 38,162 units the previous week, with the stock moving from $25 at the end of last week to $27.50 this past week.
The Junior Market ICTOP10 welcomed Consolidated Bakeries, with projected earnings per share of 22 cents, with the company appearing to be breaking the old practice of limited revenue growth and small profits. See the latest profile of the company with full reporting and its prospects for the current year. General Accident says goodbye to the ICTOP10 following the recovery in the price. There were no changes in the Main market. 
ICInsider.com ranks stocks based on projected earnings to highlight winners from the rest, allowing investors to focus on potential winning stocks and helping to remove emotions in selecting stocks for investments that often result in costly mistakes.
Overall, 796,890 shares were traded for US$32,729 compared to 394,179 units at US$26,302 on Thursday. Trading averaged 88,543 units at US$3,637, versus 32,848 shares at US$2,192 on Thursday, with month to date average of 48,732 shares at US$7,360 versus 45,865 units at US$7,629 on the previous trading day. July ended with an average of 49,665 units for US$3,449.
Proven Investments lost 0.7 of a cent to close at 21.3 US cents with a transfer of 10,819 units. Sterling Investments advanced 0.04 of a cent in closing at 2.09 US cents in an exchange of 5,042 stocks, Sygnus Credit Investments USD share rose 0.01 of a cent to 12 US cents after trading 12,308 shares and Transjamaican Highway dipped 0.12 of a cent to end at 0.83 of one US cent, with 61,104 units changing hands.
Sygnus Credit Investments USD share climbed 0.79 of one cent to 11.99 US cents with an exchange of 1,857 units. Sygnus Real Estate Finance USD share increased 1.85 cents in closing at 12.5 US cents and exchanging ten stocks and Transjamaican Highway shed 0.01 of a cent to close at 0.95 of one US cent with investors transferring 3,179 stock units.
The JSE US Denominated Equities Index lost 6.98 points to end at 208.31.
Proven Investments remained at 21.2 US cents with investors transferring 1,244,860 stocks, Sterling Investments ended at 2.05 US cents with an exchange of 5,000 stocks, Sygnus Credit Investments USD share declined 0.01 of a cent to close at 11.2 US cents, with 34,015 shares crossing the market and Transjamaican Highway dipped 0.02 of a cent in closing at 0.96 of one US cent with the swapping of 125,074 units.
A total of 340,214 shares were traded for US$68,279, up from 138,969 units at US$22,959 on Monday. Trading averaged 37,802 units at US$7,587 compared to 13,897 shares at US$2,296 on Monday. Trading month to date averages 35,080 shares at US$6,157 versus 34,822 units at US$6,022 on the previous day. July averaged 49,665 units for US$3,449.
Proven Investments dropped 0.81 of a cent to end at 21.2 US cents with the swapping of 312,596 units, Sygnus Credit Investments Jamaican dollar share after the last trading in late November last year, rose 0.17 of a cent to 13 US cents in exchanging three shares, Sygnus Credit Investments USD share popped 0.01 of a cent to 11.21 US cents, with 1,500 stock units changing hands and Transjamaican Highway advanced 0.12 of a cent to 0.98 of one US cent, with 14,939 stocks clearing the market.
Investors exchanged 138,969 shares for US$22,959 versus 983,310 units at US$145,667 on Friday. The average trade on Monday was 13,897 units at US$2,296, down from 81,943 shares at US$12,139 on Friday, with a month to date average of 34,822 shares at US$6,022 versus 37,284 units at US$6,460 the previous day. July ended with an average of 49,665 units for US$3,449.
Sterling Investments rallied 0.05 of a cent to 2.05 US cents, with 5,400 stock units crossing the exchange, Sygnus Credit Investments USD share remained at 11.2 US cents, with 7,100 stocks crossing the market. Sygnus Real Estate Finance USD share dropped 1.85 cents to 10.65 US cents with the swapping of 1,000 units and Transjamaican Highway shed 0.11 of a cent to end at 0.86 of one US cent, with 3,000 shares crossing the market.