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.
Investors exchanged 161,911 shares for US$33,763 compared to 208,910 stock units at US$20,601 on Thursday.
The market closed with an exchange of 208,910 shares for US$20,601 in tumbling from 563,601 stock units at US$138,376 on Wednesday.
Trading ended with an average of 20,891 shares at US$2,060 compared to 46,967 stock units at US$11,531 on Wednesday,
Trading for the month to date averages 50,350 units at US$5,899 after declining from 58,102 stock units at US$6,909 on the preceding day and an average of 599,023 units for US$38,839 in October.
The US Denominated Equities Index popped 1.22 points higher to 298.06. The Investor’s Choice bid-offer indicator shows no stock ended with bids and offers higher or lower than the last selling price.
The PE Ratio, one of the most commonly used measures to determine appropriate stock values, averages 19.2. ICInsider.com compiles the earnings per share and the PE used in this report. The PE ratio is derived by dividing the last traded stock price by the earnings per share for financial years ending around August 2027.
At the close of trading, AS Bryden declined by 0.24 of a cent and ended at 15.75 US cents with a transfer of 638 units, First Rock Real Estate USD share ended at 2 US cents in a change of ownership of 46,000 stocks, Proven Investments advanced 0.38 of one cent to finish at 6.49 US cents after an exchange of 36 shares.
The market closed with an exchange of 563,601 shares for US$138,376 compared to 1,105,110 stock units at US$73,758 on Tuesday.
The day closed with an exchange of 1,105,110 shares for US$73,758 after moving up from 539,157 stock units at US$50,427 on Monday.
Market activity ended with an exchange of 539,157 shares valued at US$50,427, following an increase from 293,051 stock units at US$19,870 on Friday. Trading ended with an average of 44,930 shares at US$4,202 up from 29,305 stock units at US$1,987 on Friday and an average for October valued at 599,023 units for US$38,839.
The market closed with an exchange of 326,949 shares for US$20,128 compared to 320,051 stock units at US$39,583 on Tuesday.