Over the past two weeks, there are few changes in the IC TOP10 listings with Iron Rock Insurance replaced by Access Financial in the Junior Market, while there were no changes for the main market.
In the Junior Market, CAC 2000 surged 33 percent to $8 and Access Financial and dipped 6 percent to $22, Radio Jamaica fell 6 percent to $2.05, while Jamaica Broilers and Sygnus Credit Investments gained 4 percent.
The average PE for the JSE Main Market TOP 10 is 6.2, well below the market average of 13.5, while the Junior Market Top 10 PE sits at 5.9 versus the market at 12.9, an important indicator of the level of undervaluation of the ICTOP10. The Junior Market is projected to rise by 245 percent and the Main Market TOP10 is projected to gain an average of 238 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, resulting 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.
Overall, 1,374,508 shares were traded, for US$215,103 compared to 427,965 units at US$8,146 on Thursday. Trading averaged 196,358 units at US$30,729 up from 71,328 shares at US$1,358 on Thursday, with a month to date average of 61,447 shares at US$7,275 versus 42,559 units at US$3,992 on the previous trading day. August ended with an average of 53,206 units for US$7,288.
Productive Business Solutions ended at US$1.3225 in an exchange of one stock unit, Proven Investments dipped 0.5 of one cent to 20.5 US cents in transferring 983,453 units. Sygnus Credit Investments USD share gained 1.88 cents to close at 13 US cents with 75,857 stocks clearing the market, Sygnus Real Estate Finance USD share lost 0.05 of a cent in closing at 12.39 US cents after a transfer of 838 shares and Transjamaican Highway rallied 0.06 of a cent to 0.88 of one US cents after exchanging 313,508 stocks.
Overall, 299,966 shares were traded for US$17,613, down from 558,777 units at US$100,540 on Tuesday.
Proven Investments remained at 20 US cents after exchanging 11,166 stock units. Sygnus Credit Investments USD share declined 1.78 cents in ending at 11.12 US cents and trading 10,200 units, Sygnus Real Estate Finance USD share popped 0.01 of a cent to 12.44 US cents in an exchange of 810 shares and Transjamaican Highway dipped 0.01 of a cent to end at 0.89 of one US cent after 71,986 units crossed the exchange.
Investors traded 299,180 shares for US$31,910 versus 398,402 units at US$16,693 on Friday. Trading averaged 29,918 shares at US$3,191 against 56,915 stocks at US$2,385 on Friday, with the month to date averaging 30,045 shares at US$2,618 compared to 30,115 units at US$2,299 on the previous trading day. August ended with an average of 53,206 units for US$7,288.
Sterling Investments dipped 0.01 of a cent to close at 2.08 US cents with an exchange of 30 stock units, Sygnus Credit Investments USD share declined 0.08 of a cent to 12.9 US cents in an exchange of 826 shares. Sygnus Real Estate Finance USD share shed 0.01 of a cent in closing at 12.43 US cents after a transfer of 782 stocks and Transjamaican Highway fell 0.07 of a cent to 0.83 of one US cent, with 200,000 units clearing the market.
A total of 398,402 shares were traded for US$16,693 versus 143,667 units at US$24,695 on Thursday. Trading averaged 56,915 units at US$2,385 compared to 13,061 shares at US$2,245 on Thursday, with a month to date average of 30,115 shares at US$2,299. August ended with an average of 53,206 units for US$7,288.
At the close, First Rock Real Estate USD share ended at 4 US cents with investors transferring 394,539 shares, MPC Caribbean Clean Energy ended at US$1.10, with just one share changing hands, Productive Business Solutions ended at US$1.321 after exchanging one stock unit. Proven Investments remained at 22 US cents, with 3,617 stock units crossing the market and Sygnus Credit Investments USD share shed 0.02 of a cent to 12.98 US cents with the swapping of 200 units.
A total of 143,667 shares were traded, for US$24,695 compared to 403,042 units at US$6,401 on Wednesday. Trading averaged 13,061 units at US$2,245, versus 57,577 shares at US$914 on Wednesday. August ended with an average of 53,206 units for US$7,288.
Proven Investments advanced 2 cents to 22 US cents after a transfer of 307 stocks, Sterling Investments ended at 2.09 US cents in exchanging 411 stock units, Sygnus Credit Investments J$ share ended at 13.23 US cents after an exchange of 10 shares. Sygnus Credit Investments USD share popped 0.9 of a cent in ending at 13 US cents while exchanging 374 stocks, Sygnus Real Estate Finance USD share shed 0.01 of one cent to close at 12.44 US cents with investors transferring 69 units and Transjamaican Highway rallied 0.1 of a cent to end at 0.9 of a US cent with 16,486 stocks in crossing the exchange.
A total of, 403,042 shares were traded for US$6,401, down from 1,000,947 units at US$41,599 on Tuesday. Trading averaged 57,577 units at US$914 versus 90,995 shares at US$3,782 on Tuesday, with a month to date average of 53,206 shares at US$7,288 versus 53,049 units at US$7,517 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 ended unchanged at 4 US cents after trading 6,150 shares, MPC Caribbean Clean Energy increased 10 cents to close at US$1.10, with three stocks changing hands, Productive Business Solutions advanced 4.25 cents to end at US$1.3225 after exchanging three units. Proven Investments remained at 20 US cents after trading 405 stock units, Sygnus Credit Investments USD share dropped 0.9 of a cent to 12.1 US cents, with 23,697 units crossing the market and Transjamaican Highway declined 0.01 of a cent in closing at 0.8 of one US cent after exchanging 372,778 stocks.
Overall, 1,000,947 shares were traded for US$41,599, up from 57,945 units at US$9,558 on Monday. Trading averaged 90,995 units at US$3,782, versus 4,139 shares at US$683 on Monday, with a month to date average of 53,049 shares at US$7,517 versus 50,781 units at US$7,740 on the previous trading day. July ended with an average of 49,665 units for US$3,449.
Proven Investments lost 1.4 cents to end at 20 US cents after exchanging 48,430 shares, Sterling Investments rallied 0.01 of a cent to 2.1 US cents in switching ownership of 701 stock units. Sygnus Credit InvestmentsUSD share increased 1.02 cents in closing at 13 US cents, with 162,373 units clearing the market, Sygnus Real Estate Finance USD share ended at 12.45 US cents, with 101 stocks changing hands, Transjamaican Highway dipped 0.14 of a cent to end at 0.81 of one US cent in trading 688,908 stocks.
Investors exchanged 57,945 shares for US$9,558 compared to 117,261 units atUS$13,332 on Friday. Trading averaged 4,139 units at US$683, versus 13,029 shares at US$1,481 on Friday, with a month to date average of 50,781 shares at US$7,740 down from 54,622 units at US$8,321 on the previous trading day. July ended with an average of 49,665 units for US$3,449.
Proven Investments remained at 21.4 US cents, with 581 shares changing hands, Sterling Investments ended at 2.09 US cents after a transfer of 3,320 stocks. Sygnus Credit Investments USD share rallied 0.01 of a cent to 11.98 US cents with the swapping of 7,067 stock units, Sygnus Credit Investments Ja$ share remained at 13.23 US cents after trading 174 units, Sygnus Real Estate Finance USD share remained at 12.45 US cents after trading 629 stock units and Transjamaican Highway gained 0.05 of a cent to close at 0.95 of one US cent, with 92 units crossing the market.
The moves follow funds previously tied up in the One on One IPO coming back to the market.
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. 
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.