On a day of very low trading, the All Jamaican Composite Index added to the strong gains on Thursday to close 1,130.64 points up to 428,191.40 on Tuesday while the JSE Index advanced 1,027.45 points to close at 390,104.27.
Market activity on the main market of the Jamaica Stock Exchange remained subdued with just 1,509,697 units changing hands for $34,816,059, compared to 3,564,657 units valued $53,154,918 on Thursday.
At the close, the main and US markets had 31 securities traded, compared to 28 on Thursday leading to 10 advancing, 11 declining and 10 closing unchanged.
Barita Investments led trading with a mere 225,658 shares, accounting for 15 percent of total main market volume, followed by Mayberry Jamaican Equities with 184,148 units and 12 percent of the day’s trades and Wisynco Group with 167,463 units for 11 percent of volume traded.
Market activity ended with an average of 53,918 units valued at an average of $1,243,431 for each security traded. In contrast to 132,024 units valued at an average of $1,968,701 on Thursday. The average volume and value for the month to date amounts to 136,995 shares at $2,302,086 for each security, compared to 142,319 shares at $2,375,277 previously. Trading for March resulted in an average of 438,501 shares at $9,851,307, for each security traded.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator ended with the reading showing 11 stocks ending with bids higher than their last selling prices and just 2 closing with lower offers.
In main market activity, Barita Investments lost $1 to close at $39, with an exchange of 225,658 shares, Caribbean Cement dropped $1 to $64 with 37,388 shares changing hands, Grace Kennedy gained 45 cents in trading 21,340 stock units at $60, Jamaica Broilers rose 65 cents to close at $31.65, with an exchange of 10,391 shares. Jamaica Producers fell 26 cents to close at $21, after trading 15,500 stock units, JMMB Group added 90 cents to settle at $31.50, with 5,389 units changing hands. Mayberry Investments recovered 50 cents in trading 3,900 shares, to close at
$8, Mayberry Jamaican Equities climbed $1 with 184,148 units trading, to close at $10. Palace Amusement dropped $200 to close at $1,250 after trading 120 units, Sagicor Group lost 47 cents to $44.53 in an exchange of 30,587 shares. Sagicor Real Estate Fund jumped $1.60 to $10.60, in trading 999,193 shares, Scotia Group rose 30 cents and finished trading 15,798 shares at $50.50 and Sygnus Credit Investments rose 50 cents trading of 59,500 units at $12.
Trading in the US dollar market ended with 65,070 shares trading with a value of US$8,900. JMMB Group 6% preference share traded 2,320 units and closed at US$1.04 Proven Investments traded 5,650 shares at 23 US cents and Sygnus Credit Investments rose 1 cent and ended trading of 57,100 units at 9 US cents leaving the JSE USD Equities Index fell 0.95 points to close at 178.31.
Sagicor Group & CAC jump IC TOP 10

Sagicor Group traded 5m shares on the JSE main market on Friday.
Sagicor Group jumped to $45 at the close of the market for the past week, from $38.15 and CAC 2000 climbed to $12 from a $10 bid to exit IC Insider.com’s TOP 10 stocks.
Investors responded to the release of Sagicor’s 2018 full year results showing earnings of $3.65 per share, pushing the price higher while CAC price dropped too far at the end of the previous week and encouraged buying that pushed the price higher this week. Making way for the stocks moving on are, Sygnus Credit Investments in the main market and Lasco Manufacturing entering the Junior Market list.
Several Junior Market stocks suffered losses this past week, as the market pulled back more than 9 percent for the year to date up to Wednesday and created greater potential gains for a number of stocks.

The three leading Junior Market stocks for the coming week are Caribbean Producers with projected gains of 246 percent, Elite Diagnostic with potential gains of 245 percent and Iron Rock with potential gains of 243 percent.
Victoria Mutual Investments is now the top Main Market stock with 163 percent likely gain, followed by Radio Jamaica with 161 percent and Sterling Investments with potential to gain 153 percent.
Wigton Windfarm, Jamaica’s latest initial public share offer that came to the market this past week remains at number 4 position on the stock list. The stock comes to the market at 50 cents per share and boast a PE of 8.3 times based on normalized earnings for the year to March 2019.
The main market, closed the week with the overall PE at 13 and the Junior Market at just 10. The PE ratio for Junior Market Top 10 stocks average 6.3 and the main market PE is now 8.3. These levels, point to the huge upside for the TOP 10 stocks over the next 12 months.
The TOP 10 stocks now trade at an average discount of 36 percent to the average for the Junior Market Top stocks and main market stocks trade at a discount of 37 percent to the overall market.
TOP 10 stocks are likely to deliver the best returns within a 12 months period. Projected earnings, for each company’s current fiscal year, are
used in determining, the selected stocks. The PE for and projected earnings for each stock are computed to show potential gains for the year, which are ranked in descending order. Potential values will change as stock prices fluctuate and will result in movements of the selection in and out of the lists for most weeks. Earnings per share are revised on an ongoing basis as new information is received that can result in changes in and out of the list.
This report is compiled by persons who may have interest in the securities commented on.
Wigton storms into IC TOP 10

Wigton Windfarm is no 4 on IC Insider.com’s TOP 10
Wigton Windfarm, Jamaica’s latest initial public share offer that will come to the market this week, enters the number 4 position on the IC Insider.com’s TOP 10 main market stock list.
The stock comes to the market at 50 cents per share and boast a PE of 8.3 times, normalized earnings for the year to March 2019. IC Insider sees no great change in earnings going forward, until the present generating capacity for electricity expands.
With a new entrant to the top main market stock list, Grace Kennedy is now out of the top 10. The coming to market of this latest IPO seems to be having a
negative impact on stock prices as investors gather funds to invest in what is proving to be a very popular issue. Reports reaching this publication is that a number of brokerage houses saw heavy traffic of applicants to purchase Wigton’s shares on Friday.
Several Junior Market stocks suffered losses this past week, as the Wigton IPO issue is about to open. Whether they are making a smart move or not will be known in a month or two.
Caribbean Cream slipped in price to $5.29 and Medical Disposables fell from $7.50 to $6.50 and moved back into the Junior Market TOP 10. Everything Fresh moved to $1.49 from $1.41 at the
close of the previous week and Jamaican Teas closed at $4.05, up from the bid price of $3.50 to move out of the top tier of stocks.
The three leading Junior Market stocks for the coming week are Caribbean Producers with projected gains of 281 percent, Elite Diagnostic with potential gains of 238 percent and Iron Rock with potential gains of 224 percent.
Radio Jamaica is now the top Main Market stock with 163 percent likely gain, followed by Victoria Mutual investments with 153 percent and Sterling Investments with potential to gain 151 percent.
The main market, closed the week with the overall PE at 13 and the Junior Market at just 10. The PE ratio for Junior Market Top 10 stocks average 6.4 and the main market PE is now 8.2. These levels, point to the huge upside for the TOP 10 stocks over the next 12 months.
The TOP 10 stocks now trade at an average discount of 36 percent to the average for the Junior Market Top stocks and main market stocks trade at a discount of 37 percent to the overall market.
TOP 10 stocks are likely to deliver the best returns within a 12 months period. Projected earnings, for each company’s current fiscal year, are used in determining, the selected stocks. The PE for and projected earnings for each stock are computed to show potential gains for the year, which are ranked in descending order. Potential values will change as stock prices fluctuate and will result in movements of the selection in and out of the lists for most weeks. Earnings per share are revised on an ongoing basis as new information is received that can result in changes in and out of the list.
This report is compiled by persons who may have interest in the securities commented on.


50 cents to settle at $68, with 1,968 units changing hands. NCB Financial Group recovered the $1.20 lost on Wednesday in trading 64,859 shares, to close at $145, PanJam Investment jumped $3.69 to close at $81.70 after trading 17,858 units, Sagicor Group jumped $5.50 to $45 in an exchange of 77,600 shares. Sagicor Real Estate Fund jumped $1.60 to $10.60, in trading 999,193 shares, Scotia Group fell 30 cents and finished trading 7,881 shares at $50.20, Seprod closed at $42.20 with a loss of 30 cents while trading 48,132 shares. Stanley Motta lost 34 cents and ended at $4.66, in trading 638 shares and Supreme Ventures lost 50 cents in finishing at $26.50, with 43,452 units changing hands.
Mayberry Jamaican Equities rose 90 cents trading 276,530 shares at $9.50, PanJam Investment fell $2 and ended at $79 trading 10,830 units, Sagicor Real Estate Fund dropped $1.30 in an exchange of 146,545 shares to close at a 52 weeks’ low of $9, Seprod closed at $42 with a loss of 50 cents while trading 1,236 shares. Stanley Motta gained 50 cents to end at $5, exchanging 986 shares, Supreme Ventures gave up $1 in finishing at $25, with 34,782 units changing hands Sygnus Credit Investments shed 60 cents in trading 13,800 units to close at $11.40 and Wisynco Group gained 29 cents trading 64,250 units, to close at $11.35.
Trading on the main market of the Jamaica Stock Exchange ended Monday as the JSE All Jamaican Composite Index sank 1,698.05 points to 417,110.99 and the JSE Index dropping 1,543.07 points to close at 380,035.17, with a positive advance decline ratio.
volume, followed by Sagicor Group with 254,940 units with 18 percent of the day’s trades and Carreras with a mere 152,725 units for 11 percent of volume traded.
Jamaica Stock Exchange fell 42 cents to close at $16.58, after trading 47,785 shares, Mayberry Jamaican Equities lost 50 cents trading 5,946 shares at $8.6, Pulse Investments rose 35 cents and finished at $2.95, with 25,000 shares crossing the exchange, Sagicor Group rose 85 cents in trading 254,940 shares to close at $39. Sagicor Real Estate Fund exchanged just 500 shares to close at $10.30, after gaining 80 cents, Supreme Ventures rose $1 and finished at $26, with 46,131 units changing hands and Wisynco Group fell 24 cents trading 603,633 units to close at $11.06.
Trading on the main market of the Jamaica Stock Exchange ended Friday with JSE All Jamaican Composite Index added just 163.58 points to end at 418,809.04 and the JSE Index advanced 148.65 points to 381,578.24, with a decline advance ratio of 7 to 4. 
Jamaica Broilers dropped $1.20 to close at $30, with 57,256 shares changing hands, Jamaica Producers climbed $1.85 to close at $23.40, trading 12,239 shares, Mayberry Investments lost 50 cents trading 7,607 shares at $8.50, NCB Financial took back the 99 cents it lost on Thursday to settle at $145, trading 406,921 units. PanJam Investments lost 70 cents and finished at $81, with 97,266 shares crossing the exchange,
Trading on the main market of the Jamaica Stock Exchange ended Thursday with JSE All Jamaican Composite Index dropping 4,093.70 points to 418,645.45 and the JSE Index diving by 3,720.07 points to 381,429.58 following a decline advance ratio of 5 to 2.
Victoria Mutual Investments with a mere 138,470 units or 9 percent of volume traded.
hands, Jamaica Producers lost 45 cents to close at $21.55, trading 116,272 shares. JMMB Group fell 79 cents to end at $30.01, with an exchange of 33,468 shares, NCB Financial gave back the 99 cents it gained on Wednesday to settle at $144.01, trading 21,081 units, Pulse Investments lost 30 cents and finished at $2.70, with 113,778 shares crossing the exchange. Sagicor Group fell $1.85 in trading 109,632 shares at $37.15, Seprod lost 75 cents to close at $42, with 11,431 shares traded and Supreme Ventures lost $1 and finished at $26, with 44,274 units changing hands.
valued at $3,510,251 on Tuesday. The average volume and value for the month to date amounts to 182,335 shares at $2,500,108 for each security, compared to 198,040 shares at $2,749,721 previously. Trading for March resulted in an average of 438,501 shares at $9,851,307, for each security traded.
$1.50 to close at $22, trading 1,000 shares. JMMB Group added 68 cents to end at $30.80, with an exchange of 8,172 shares, NCB Financial rose 99 cents to settle at $145, trading 28,332 units, Mayberry Jamaican Equities lost 35 cents in trading 10,508 shares, at $9.10. PanJam Investment jumped $1.70 trading 5,746 to close at $81.70, Sagicor Group gained 40 cents in trading 7,193 shares at $39, Seprod rose 60 cents to close at $42.75, with 22,923 shares traded and Supreme Ventures rose 27 cents and finished at $27, with 9,888 units changing hands.
shares, Kingston Wharves gave up $1 to settle at $70, trading 1,986 units, Mayberry Investments gained 50 cents in trading 33,501 shares, at $9. Sagicor Real Estate Fund lost 37 cents in trading 32,500 shares at $10.03, Seprod lost 52 cents to close at $42.15, with 18,647 shares traded, Stanley Motta gained 50 cents and ended at $5, in trading 3,000 shares and Supreme Ventures rose 73 cents and finished at $26.73, with 506,307 units changing hands.