Trading drops on the JSE Main Market


Trading on the Jamaica Stock Exchange Main Market ended on Tuesday, with the volume of stocks traded declining 74 percent and the value 57 percent lower than on Monday, with trading in 56 securities compared with 61 on Monday, with prices of 14 rising, 30 declining and 12 ending unchanged and ending with a minor slippage in the market indices.

The market closed with 8,955,994 shares trading worth $45,557,853 compared with 34,385,915 stock units at $105,788,980 on Monday.
Trading averaged 159,928 shares at $813,533 compared to 563,704 stocks at $1,734,246 on Monday and month to date, an average of 282,146 stock units at $1,288,616 compared with 305,746 shares at $1,380,357 on the previous day and June with an average of 183,242 stock units at $1,532,211.
Transjamaican Highway led trading with 4.52 million shares for 50.5 percent of the total volume, followed by Wigton Energy, which ended with 1.43 million units for 16 percent of the day’s trade and JMMB Group 7.35% – 2028 with 603,691 stocks for 6.7 percent of the volume traded.
The All Jamaican Composite Index increased by just 2.00 points to 355,133.02, the JSE Main Index declined 80.17 points to end at 308,775.28 and the JSE Financial Index slipped 0.33 points to close at 63.01. At the close, the Investor’s Choice bid-offer indicator shows nine stocks ending with bids higher than their last selling prices and five with lower offers.
The Main Market ended trading with an average PE Ratio of 13.4. The JSE Main and the USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with financial year, ending around August 2025.
At the close of the market, Eppley sank $1.34 to finish at $31 with an exchange of 957 stock units, Jamaica Broilers increased 78 cents to $25.78 after a transfer of 47,936 units, JMMB Group dropped 66 cents to end at $18.65 with investors dealing in 85,556 stocks. Massy Holdings lost 50 cents in closing at $76.50 in an exchange of 529 shares, Mayberry Jamaican Equities dipped 40 cents and ended at $10.50 with investors swapping 300 stock units, NCB Financial sank $2.16 to end at a 52 week closing low at $36.34 with an exchange of 333,159 shares. Pan Jamaica fell 45 cents to $50.05 after 3,680 units passed through the market, Proven Investments shed 61 cents and ended at $17.09 after an exchange of 7,279 stocks, Sagicor Group declined 78 cents to finish at $39.51, with 77,938 stock units crossing the market. Sagicor Real Estate Fund popped 87 cents to end at $8 in an exchange of 212 shares and Seprod advanced $1.63 in closing at $81.63, with 4,574 shares changing hands.
In the preference segment, Jamaica Public Service 7% dropped $6.63 to close at $36.62 with a transfer of 10 units. 138 Student Living preference share rose 84 cents to $225.83, with 1 stock unit crossing the market, Productive Business Solutions 10.5% skidded $20 and ended at $1, 060 in switching ownership of 120 shares and Sygnus Credit Investments 10% climbed $4.45 in closing at $108.45 with traders dealing in 17 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

NCB at multi-year low on JSE Main Market


NCB Financial traded just under a million shares with a value of $33 million as the price sank to a new multi-year low of $32 and helped to boost trading, with an 85 percent volume surge on Monday and a 13 percent jump in value over Friday on the Jamaica Stock Exchange Main Market, following trading in 61 securities compared with 60 on Friday, with prices of 22 rising, 26 declining and 13 ending unchanged.

The market closed with trading of 34,385,915 shares at $105,788,980 compared to 18,537,937 stock units at $93,974,345 on Friday.
Trading averaged 563,704 shares at $1,734,246 compared to 308,966 stocks at $1,566,239 on Friday and for the month to date, an average of 305,746 units at $1,380,357, up from 237,033 shares at $1,286,089 on the previous day and June with an average of 183,242 stock units at $1,532,211.
Wigton Energy led trading with 25.57 million shares for 74.3 percent of total volume followed by Transjamaican Highway which ended with 2.69 million stocks for 7.8 percent of the day’s trade, Sagicor Select Manufacturing & Distribution Fund closed with 1.99 million stocks for 5.8 percent of the volume traded and Sagicor Select Financial Fund with 1.24 million units for 3.6 percent of market trade.
The All Jamaican Composite Index dived 5,655.76 points to wrap up trading at 355,131.02, the JSE Main Index sank 4,135.85 points to close at 308,855.45 and the JSE Financial Index slipped 1.13 points to 63.34. At the close, the Investor’s Choice bid-offer indicator shows 11 stocks ending with bids higher than their last selling prices and six with lower offers.
The Main Market ended trading with an average PE Ratio of 13.5. The JSE Main and the USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
At the close, Eppley advanced $5.38 to close at $32.34 after investors exchanged 306 shares, as Eppley Caribbean Property Fund skidded 47 cents to $41.50, with 14 units crossing the market, GraceKennedy popped 50 cents and ended at $71 with investors trading 6,073 shares. Guardian Holdings sank $10 in closing at $310 in an exchange of 617 stocks, Jamaica Broilers shed 84 cents to end at $25 with traders dealing in 2,776 stocks, JMMB Group declined 49 cents to finish at $19.31, with 22,309 shares passing through the market. Margaritaville lost 78 cents to end at $12.50 with investors swapping 5 stock units, NCB Financial dropped $2.45 to end at 52 week low of $38.50 after 912,847 shares passed through the market, Pan Jamaica sank 98 cents in closing at $50.50 with a transfer of 6,970 units. Sagicor Group dropped 70 cents to close at $40.29 after an exchange of 2,156 shares, Scotia Group increased 50 cents and ended at $53 with trading of 203,035 units, Seprod fell $1.65 to finish at $80 after a transfer of 2,158 stocks. Stanley Motta dropped 55 cents and ended at $6.05, with 6,000 stock units changing hands. Sterling Investments fell 44 cents to $3.50 in an exchange of 52,242 shares and Sygnus Real Estate Finance climbed $1.07 in closing at $8.32, with investors dealing in 335 stocks.
In the preference segment, Eppley 7.75% preference share rose 45 cents to finish at $19.85 after an exchange of 250 units, 138 Student Living preference share gained $4.99 to close at $224.99, with 7 stock units clearing the market and Sygnus Credit Investments 10% declined $5.49 to end at $104 with an exchange of 1,507 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

 ICTOP10’s Medical Disposables climbs 14%


In the ICTOP10 this past week, no Main Market stock ended with a price movement of more than three percent. The Junior Market ICTOP10 ended with prices of just two declining, while Medical Disposables, the top performer, jumped 14 percent.

In the ICTOP10, MFS Partners rallied 10 percent to close at 46 cents, followed by Elite Diagnostic after gaining of 8 percent to finish at $1.62, Kintyre Holdings added 7 percent to end at 29 cents and Consolidated Bakeries rose 5 percent to $1.65. Dolla Financial declined by 5 percent to $2.41. There are no new companies in this week’s listings.
The average PE for the JSE Main Market ICTOP 10 is 5.9, well below the market average of 13.6. The Junior Market TOP10 stands at 6, well below half the market’s average of 14.5.
In the Main Market, ICTOP10, 15 stocks with the highest values account for 29 percent of the market, with PE ratios of 15 to 40. The average PE for the market is 24 and 20 for the half with the highest values.
In the Junior Market IC TOP10, 22 stocks representing 46 percent of the market have PEs ranging from 15 to 39, with an average of 21 and 20 for half of the market, with the highest PEs.
ICTOP10 focuses on likely yearly winners. The list includes some of the best as well as newer companies that have not time tested. ICInsider.com ranks companies based on projected earnings for easy assessment in making investment decisions.
IC TOP10 stocks that will likely deliver the best returns are ranked in order of potential gains, computed using projected earnings, allowing investors to focus on the most undervalued companies when making investment decisions.
IC TOP10 stocks that 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 the securities commented on in this report.

Gains for JSE Main Market stocks


Stocks prices bounced for the first time since the start of July in trading on the Jamaica Stock Exchange Main Market on Friday, with gains wiping out the losses on Thursday but only partially ate into Wednesday losses, following trading in 60 securities, up from 57 on Thursday, with prices of 26 securities rising, 19 declining and 15 ending firm, with the volume of stocks traded rising 40 percent and the value remaining static compared with Thursday.

The All Jamaican Composite Index jumped 2,479.15 points to end at 360,786.78, the JSE Main Index climbed 2,138.17 points to close at 312,991.30 and the JSE Financial Index rose 0.41 points to 64.47.
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.
Market activity closed after trading of 18,537,937 share worth $93,974,345 compared with 13,280,166 stock units at $93,569,848 on Thursday.
Trading averaged 308,966 shares at $1,566,239 compared to 232,985 stock units at $1,641,576 on Thursday and month to date, an average of 237,033 units at $1,286,089 compared with 211,495 shares at $1,186,628 on the previous day and June with an average of 183,242 stock units at $1,532,211.
Transjamaican Highway was the leading traded stock with 9.69 million shares for 52.3 percent of total volume, followed by Wigton Energy, with 3.57 million stock units for 19.3 percent of the day’s trade and 138 Student Living closed with 2.07 million units for 11.2 percent of the day’s market share. The Main Market ended trading with an average PE Ratio of 13.6. The JSE Main and the USD Market PE ratios are based on last traded prices and earnings that are projected by ICInsider.com for the listed companies with financial year ending around August 2025.
At the close of the market, Caribbean Cement dipped by 88 cents to close at $84 after 1,919 shares passed through the market, Eppley lost $4.54 to finish trading at $26.96 after an exchange of 6,336 units, Eppley Caribbean Property Fund rallied $3.72 to finish at $41.97 with a mere 2 stocks clearing the market. GraceKennedy popped 45 cents and ended at $70.50 with investors trading 247,494 shares, after trading at an intraday 52 week low of $69.01, Jamaica Broilers gained $1.72 in closing at $25.84 with 12,688 stock units crossing the market, Mayberry Group rose 40 cents to end at $7.60 after an exchange of 5 shares. MPC Caribbean Clean Energy climbed $10.17 in closing at $63.50 after trading of 200 stocks, Pan Jamaica increased 78 cents to $51.48 after a transfer of 30 units, Stanley Motta advanced by 55 cents to finish at $6.60 and closed after 34,661 stocks changed hands. Supreme Ventures slipped 38 cents and ended at $19.30, with 28,229 shares crossing the market and Sygnus Credit Investments popped 35 cents to close at $12.90 in trading 357 stock units.
In the preference segment, Jamaica Public Service 7% climbed $1.55 to end at $43.25, with just 1 stock crossing the exchange, 138 Student Living preference share rose $3 to $220 with traders dealing in 14 units, Productive Business Solutions 10.5% sank $10 in closing at $1,080 as investors exchanged 70 stocks and Sygnus Credit Investments 10% advanced $8.49 to end at $109.49 with a transfer of 22 units.Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE Main Market falls Thursday


Trading on the Jamaica Stock Exchange Main Market ended, with the volume of stocks traded just declining marginally on Thursday, with the value 106 percent more than on Wednesday, following trading in 57 securities compared with 56 on Wednesday, with prices of winning and declining stocks sharing 21 stocks each and 15 ending unchanged, sending the market into a fall.

The All Jamaican Composite Index dropped 1,493.92 points to conclude trading at 358,307.63, the JSE Main Index declined 838.31 points to 310,853.13 and the JSE Financial Index slipped 0.29 points to 64.06.
At the close of the market, the Investor’s Choice bid-offer indicator  is showing nine stocks ending with bids higher than their last selling prices and three with lower offers.
The market closed with 13,280,166 shares trading for $93,569,848 compared with 13,517,427 stock units at $45,330,088 on Wednesday.
Trading averaged 232,985 shares at $1,641,576 compared to 241,383 stocks at $809,466 on Wednesday and month to date, an average of 211,495 units at $1,186,628, more than 200,557 shares at $955,092 on the previous day compared to June with an average of 183,242 stock units at $1,532,211.
Transjamaican Highway led trading with 5.82 million shares for 43.9 percent of total volume followed by Wigton Energy with 1.24 million stocks for 9.3 percent of the day’s trade, Sagicor Select Financial Fund closed with 1.23 million stocks for 9.3 percent of the volume traded, Eppley Caribbean Property Fund with 1.20 million units for 9 percent of stocks trading and QWI Investments with 1.0 million units for 7.6 percent market share.
The Main Market ended trading with an average PE Ratio of 13.6. The JSE Main and the USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with financial year ending around August 2025.
At the close, AS Bryden advanced $2.33 to finish at $26.50 following 541 shares being traded, Berger Paints sank 46 cents to $6.99 with traders dealing in 10,012 stock units, Eppley fell $1.49 to close at $31.50 in exchanging 757 shares. GraceKennedy lost $1.95 to close at $70.05, with 119,910 units crossing the market. Jamaica Broilers popped 52 cents in closing at $24.12 in trading 4,580 stocks, JMMB Group shed 72 cents and ended at $20.12 and closed with an exchange of 11,990 shares. Mayberry Jamaican Equities rallied $1.65 to $10.90 with trading in 274 stock units, MPC Caribbean Clean Energy sank $9.42 in closing at a 52 week low of $53.33 with investors dealing in 285 units, NCB Financial increased 82 cents and ended at $40.89 in an exchange of 11,311 stocks.
Pan Jamaica dropped $1 to close at $50.70 with investors trading 294 shares, Sagicor Group climbed $1.55 to end at $40.95 with 22,909 stock clearing the market, Scotia Group declined 55 cents to finish at $52.50 with an exchange of 42,373 units. Seprod rose 70 cents to $81.70 after 3,648 stock units passed through the market, Supreme Ventures gained 68 cents to end at $19.68 with 88,824 shares crossing the exchange and Sygnus Credit Investments skidded 40 cents in closing at $12.55 with a transfer of 4,699 units.
In the preference segment, Jamaica Public Service 7% popped $5.11 to finish at $41.70 as investors exchanged 84 stocks, Productive Business Solutions 10.5% slipped $35 and ended at $1,090 after a transfer of 110 stock units, Sygnus Credit Investments 10% dipped $8.69 to close at $101 with investors trading 418 shares and Sygnus Credit Investments C10.5% fell $1.50 to $105.99 after an exchange of 140 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading pulls back on JSE Main Market 


Trading pulled back on the Jamaica Stock Exchange Main Market on Wednesday, with 26 percent less funds entering the market and resulting in trading 51 percent more shares than on Tuesday, following trading in 56 securities similar to Tuesday, with prices of 19 rising, 23 declining and 14 ending unchanged.

The market closed with trading of 13,517,427 shares valued at $45,330,088 up from 8,944,979 stock units at $61,640,185 on Tuesday.
Trading ended with an average of 241,383 shares at $809,466 compared to 159,732 stocks, at $1,100,718 on Tuesday and for the month to date, an average of 200,557 units with a value of $955,092 versus June, with an average of 183,242 stock units at $1,532,211.
Wigton Energy led trading with 6.23 million shares for 46.1 percent of total volume, followed by Transjamaican Highway, with 2.75 million stocks for 20.3 percent of the day’s trade, Sagicor Select Manufacturing & Distribution Fund closing with 1.52 million stocks for 11.2 percent of the volume traded and Sagicor Select Financial Fund with 1.10 million units for 8.1 percent of market share.
The All Jamaican Composite Index declined 3,493.96 points to wrap up trading at 359,801.55, the JSE Main Index skidded 2,270.65 points to end at 311,691.44 and the JSE Financial Index fell 0.79 points to close at 64.35. At the close, the Investor’s Choice bid-offer indicator shows 16 stocks ending with bids higher than their last selling prices and seven with lower offers.
The Main Market ended trading with an average PE Ratio of 13.5. The JSE Main and the USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with their financial year ending on or around August 2025.
At the close, AS Bryden rose $4.17 to $24.17, with an exchange of 4,974 shares, while Caribbean Cement rallied $3.78 to $84.98 with investors trading a mere 850 stock units, Eppley popped 99 cents and ended at $32.99 after a transfer of 61 shares. Eppley Caribbean Property Fund fell $3.97 in closing at $38 in switching ownership of 1,399 stocks, Guardian Holdings gained $5.63 to finish at $320 as investors exchanged 3,415 units, Jamaica Broilers declined $2 to close at $23.60 with 39,863 shares clearing the market. JMMB Group advanced 84 cents to $20.84 after an exchange of 19,914 stocks, Mayberry Group lost 50 cents in closing at $7.20 with investors dealing in 11,600 units, Mayberry Jamaican Equities slipped $1.50 to $9.25 in an exchange of 4,000 stock units. NCB Financial sank 93 cents to close at $40.07, with 76,896 shares crossing the market, Sagicor Group shed $1.60 to end at $39.40 after an exchange of 5,684 stocks, Sagicor Real Estate Fund dropped 79 cents to finish at $7.20, with investors trading 211 units. Sterling Investments climbed 63 cents and ended at $3.93 with an exchange of 3,444 stock units, Sygnus Real Estate Finance sank $1.27 to $7.18 after it closed with an exchange of 1,027 shares and Wisynco Group skidded $1.49 to close at $20.50 after trading of 43,001 units.
In the preference segment, Jamaica Public Service 7% dipped $6.66 in closing at $36.59 with a transfer of 281 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE Main Market pullback


Stocks gave back a significant portion of Monday’s gain on the Jamaica Stock Exchange Main Market at the end of market activity on Tuesday, following trading in in 56 securities compared with 59 on Monday, with prices of only 12 rising, 33 declining and 11 ending firm, with the volume of stocks traded declining 73 percent and the value 70 percent lower than the prior day.

The All Jamaican Composite Index dipped 4,571.03 points to 363,295.51, the JSE Main Index fell 3,350.89 points to 313,962.09 while the JSE Financial Index dropped 0.60 points to 65.14. At the close, the Investor’s Choice bid-offer indicator shows nine stocks ending with the bids higher than their last selling prices and six with lower offers.
The market closed with 8,944,979 shares trading with a value of  $61,640,185 compared with 33,243,094 stock units at $207,945,862 on Monday.
Trading averaged 159,732 shares at $1,100,718 compared to 563,442 shares at $3,524,506 on Monday, compared to June with an average of 183,242 stock units at $1,532,211.
Transjamaican Highway led trading with 3.64 million shares for 40.6 percent of the total volume, followed by Sagicor Select Manufacturing & Distribution Fund ended with 1.78 million units for 19.9 percent of the day’s trade and Innovative Energy with 571,848 stocks for 6.4 percent market share.
The Main Market ended trading with an average PE Ratio of 13.6. The JSE Main and the USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
At the close, AS Bryden dropped $4 to close at a 52 week low of $20, with 20,000 shares crossing the market, Caribbean Cement sank $6.80 to $81.20, with investors dealing in 817 stock units, Eppley skidded 50 cents to close at $32, with 1,472 shares being traded. Eppley Caribbean Property Fund increased by $3.47 to finish at $41.97, with 101 stocks changing hands. GraceKennedy lost $1 and ended at $72 after 36,036 shares passed through the market, Guardian Holdings popped $6.37 to end at $314.37 as investors exchanged 219 units. JMMB Group dipped $1.40 in closing at $20 in trading 27,749 stocks, Massy Holdings sank 50 cents to $77 after a transfer of 25,342 shares, Mayberry Group slipped 69 cents and ended at $7.70, with 908 stock units crossing the market. Pan Jamaica fell $1.99 to finish at $52 with a transfer of 30,363 shares, Sagicor Group shed $1.30 to close at $41 with investors swapping 152,496 stock units, Seprod declined $2.20 to end at $81, with 37,050 shares crossing the exchange. Supreme Ventures lost $2.20 in closing at $19, with investors trading 480,971 units and Sygnus Credit Investments skidded 43 cents to $12.95 after an exchange of 37,888 shares.
In the preference segment, Eppley 7.25% preference share sank 79 cents and ended at $18.50 in trading 1,000 stocks. Jamaica Public Service 7% advanced $1.67 to finish at $43.25 in an exchange of 592 units and 138 Student Living preference share dropped $6.25 to close at $217 with traders dealing in 2 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Big leap for JSE Main Market 


The Main Market of the Jamaica Stock Exchange ended on June, with a solid performance on Monday, with the volume of stocks traded rising 91 percent and the value 7 percent more than on Friday, resulting in trading of 59 securities compared with 60 on Friday, with prices of 30 rising, 18 declining and 11 ending unchanged, sending the All Jamaican Composite Index up a robust 6,722.24 points to 367,866.54, the JSE Main Index popping an impressive 4,616.34 points to finish at 317,312.98 and the JSE Financial Index gaining 0.54 points to 65.74.

The market closed with 33,243,094 shares trading worth $207,945,862 compared with 17,403,798 stock units at $193,831,769 on Friday.
Trading averaged 563,442 shares for $3,524,506, up from 290,063 stock units at $3,230,529 on Friday and month to date, an average of 183,242 units at $1,532,211 up from 163,460 shares at $1,428,555 on the previous day and May with an average of 245,284 stock units at $2,050,773.
Wigton Energy led trading with 17.47 million shares for 52.6 percent of total volume followed by Transjamaican Highway, with 6.38 million stocks for 19.2 percent of the day’s trade, Mayberry Group closed with 1.29 million stocks for 3.9 percent of the volume traded, Supreme Ventures ended with 1.13 million units for 3.4 percent of stocks traded and Radio Jamaica with 1.11 million units for 3.3 percent of market share.
At the close, the Investor’s Choice bid-offer indicator shows 14 stocks ending with bids higher than their last selling prices and four with lower offers.
The Main Market ended trading with an average PE Ratio of 13.8. The JSE Main and the USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
At the close, AS Bryden declined $1 to end at $24 as investors traded 3,463 shares, Berger Paints rose 97 cents in closing at $7.47, with 855 stocks clearing the market, Caribbean Cement climbed $6.99 to $88 with investors trading 124,697 shares. Eppley fell 50 cents and ended at $32.50 with an exchange of 1,346 units, Eppley Caribbean Fund popped 50 cents to close at $38.50 with 1,340 stocks passing through the market. Guardian Holdings sank $11 to finish at $308 with investors dealing in 1,435 units. Jamaica Broilers advanced 55 cents and ended at $25.50 after an exchange of 69,676 stocks, JMMB Group gained 55 cents to $21.40 and closed with an exchange of 69,698 shares, Kingston Wharves rallied $3.18 to finish at $32.49 in an exchange of 11,454 stock units. Massy Holdings increased 50 cents to close at $77.50 with investors swapping 320,000 shares, Mayberry Group popped $1.49 to end at $8.39 in switching ownership of 1,290,459 stock units, Mayberry Jamaican Equities advanced 50 cents in closing at $11, with 27,060 units crossing the exchange. NCB Financial rose $1.30 to $41.30 in trading 414,178 stocks, Sagicor Real Estate Fund lost 50 cents and ended at $8 after a transfer of 127,993 units, Scotia Group gained 50 cents to end at $53 after the trading of 65,125 stocks. Seprod rallied $2.20 in closing at $83.20 in an exchange of 80,104 shares, Supreme Ventures increased 60 cents to finish at $21.20 with investors trading 1,129,965 stock units and Wisynco Group climbed 89 cents to close at $21.89 after 337,081 shares passed through the market.
In the preference segment, 138 Student Living preference share increased $4.75 to $223.25 with a transfer of 634 stocks, Productive Business Solutions 10.5% shed $5 and ended at $1,125, with 71 units crossing the market and Sygnus Credit Investments C10.5% dropped $2.51 in closing at $107.49 with traders dealing in 126 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Purity jumps 54% back into ICTOP10


The Junior Market’s Consolidated Bakeries surged 54 percent during the week in recovering from a big fall in the prior week, with investors responding to the company returning to profit in the March quarter following a loss in the 2024 fiscal year.

The Junior Market ICTOP10 ended with 6 stocks rising and only one declining. The Main Market ICTOP 10 ended with four stocks rising and only one declining.
In the Main market, Margaritaville climbed 7 percent to $13.20, 138 Student Living, popped 6 percent to $4.27, followed by QWI Investments, up 4 percent to 78 cents and NCB Financial lost 7 percent to close at a 52 week low of $40.
In the Junior Market, Expres Catering rose 8 percent to $2.69, Dolla Financial rallied 3 percent to $2.55 and Kintyre Holdings, the only loser, shed 7 percent to end at 27 cents.
The Junior Market IC TOP10 saw two additions, following the updated earnings for Consolidated Bakeries, with the stock jumping 54 percent during the week. This follows the first quarter results that resulted in updated earnings of 30 cents per share for 2025 and Medical Disposables makes it with updated projection of 45 cents per share, following B revenue growth and profits in the March quarter. Image Plus and Cargo Handlers dropped out of the Junior Market list. There are no new listings in the Main and the All JSE ICTOP10 for the week.
The average PE for the JSE Main Market ICTOP 10 is just 5.8, well below the market average of 13.6. The Junior Market TOP10 stands at 5, well below half the market’s average of 13.9.
In the Main Market, ICTOP10, 15 stocks with the highest values account for 29 percent of the market, with PE ratios of 15 to 43. The average PE for the market is 24 and 20 for the half with the highest values.
In the Junior Market IC TOP10, 22 stocks representing 46 percent of the market have PEs ranging from 15 to 39, with an average of 21 and 20 for half of the market, with the highest PEs.
ICTOP10 focuses on likely yearly winners. The list includes some of the best as well as newer companies that have not time tested.  ICInsider.com ranks companies based on projected earnings, for easy assessment of companies in making investment decisions.
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.

Trading surges on the JSE Main Market


More than twice the amount of funds fueled trading on the Jamaica Stock Exchange Main Market on Friday, compared to Thursday, resulting in a marginal decline in the volume of stocks traded, following activity in 60 securities compared with 56, with prices of 25 rising, 19 declining and 16 ending unchanged.

The market closed with trading in 17,403,798 shares with a value of $193,831,769 versus 18,495,766 stock units at $94,742,564 on Thursday.
Trading averaged 290,063 shares worth $3,230,529 compared with 330,282 stocks at $1,691,831 on Thursday and for the month to date, an average of 163,460 units at $1,428,555 up from 156,388 shares for $1,327,886 on the previous day and May with an average of 245,284 stock units at $2,050,773.
Sagicor Select Financial Fund led trading with 3.77 million shares for 21.7 percent of total volume followed by Sterling Investments which ended with 2.25 million stocks for 12.9 percent of the day’s trade, Wigton Energy closed with 2.22 million stocks for 12.7 percent of the total traded volume, Transjamaican Highway was next with 1.80 million units for 10.4 percent of the trading and Lasco Manufacturing with 1.75 million units for 10 percent of market share.
The All Jamaican Composite Index climbed 1,819.67 points to finish at 361,144.30, the JSE Main Index rallied 1,349.94 points to 312,696.64 and the JSE Financial Index gained 0.56 points to conclude trading at 65.20. At the close, the Investor’s Choice bid-offer indicator shows six stocks ending with bids higher than their last selling prices and six with lower offers.
The Main Market ended trading with an average PE Ratio of 13.6. The JSE Main and the USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
At the close of the week, Berger Paints fell 98 cents to end at $6.50 as investors exchanged a mere 14 shares, Caribbean Cement slipped 49 cents in closing at $81.01 after trading 9,632 stock units, Guardian Holdings rallied $1 to $319 after an exchange of 249 stocks. Jamaica Broilers rose 97 cents to close at $24.95 in trading 100,096 shares, Jamaica Producers increase 40 cents to end at $24.90 after an exchange of 103,731 stock units, Massy Holdings sank 50 cents to close at $77 with investors trading 64,623 shares. NCB Financial declined $1.50 to $40 in switching ownership of 757,913 stocks, Sagicor Group gained $1 and ended at $42, with 76,840 units crossing the exchange, Sagicor Real Estate Fund rose 39 cents to finish at $8.50, with 500 stock units changing hands. Seprod climbed $1.25 to close at $81 as 10,276 shares passed through the market, Sygnus Credit Investments advanced $1.20 in closing at $13.50 in an exchange of 451,466 stock units and Wisynco Group popped 50 cents to end at $21, with 280,992 shares crossing the market.
In the preference segment, Jamaica Public Service 7% shed 42 cents in closing at $41.58, with an exchange of 24 units, 138 Student Living preference share gained $28.50 to $218.50 with investors dealing in 292,212 stocks, Productive Business Solutions 10.5% lost $10 to finish at $1,130 with a transfer of 130 shares. Sygnus Credit Investments 10% rose $6.69 and ended at $109.69 after trading of just two stock units and Sygnus Credit Investments C10.5% climbed $9.51 to close at $110, with 23,131 units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.