At the midway point for 2021 Jamaican stocks are up just under 7 percent those listed Jamaica Stock Exchange Main Market at the close of trading on Wednesday after the index rebounded as more stocks rose than declined, with an exchange of 26 percent more shares than on Tuesday.
The All Jamaican Composite Index rallied 5,655.18 points to 462,541.00, the JSE Main Index surged 6,000.74 points to end at 425,564.15 and the JSE Financial Index picked up 1.38 points to end at 105.07.
Trading ended with 51 securities compared to 50 on Tuesday, with 27 stocks rising, 11 declining and 13 remaining unchanged. The PE Ratio, a measure that determines an appropriate relative value of each stock, averages 16.9 based on ICInsider.com’s forecast of 2021-22 earnings.
The market closed with 11,971,431 shares trading for $162,261,125 versus 9,510,633 units at $151,206,424 on Tuesday. Sagicor Select Financial Fund led trading with 34.6 percent of total volume for an exchange of 4.15 million shares followed by Wigton Windfarm with 11.7 percent for 1.40 million units, Wisynco Group contributed 11.4 percent with 1.36 million units and QWI Investments 11.2 percent after trading 1.36 million units.
Trading averaged 234,734 units at $3,181,591, compared to 190,213 shares at $3,024,128 on Tuesday. Trading month to date averages 249,610 units at $3,877,606, in contrast to 250,335 units at $3,911,541 on Tuesday. May ended with an average of 439,937 units at $4,698,961.
Investor’s Choice bid-offer indicator reading has twelve stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Barita Investments climbed $3 to $83 with 694,456 shares changing hands, Caribbean Cement rallied 48 cents to $94.98 in transferring 5,540 stock units. Eppley Caribbean Property Fund rose by $1.20 to $46.20 with 88,039 shares crossing the market, First Rock Capital gained 20 cents to end at $15.70 with the swapping of 4,103 stock units. Guardian Holdings surged $49 to $699 in switching ownership of 58,775 units, Jamaica Broilers shed $1.01 in closing at $35.02 after trading 64,951 shares. Jamaica Stock Exchange gained 25 cents to close at $17.25 with 17,600 stocks clearing the market, JMMB Group dipped 27 cents to $37.73 with the swapping of 71,764 stock units, Kingston Wharves spiked $1 to $48 in exchanging 6,029 shares, Margaritaville jumped $1.10 to $14.70 with 11,171 units crossing the market, Mayberry Jamaican Equities shed 57 cents to finish at $8.52 in trading 134,696 shares. NCB Financial declined $2 to $140 with a transfer of 30,450 units, Palace Amusement dropped $50 to $1,450 after exchanging 185 units, PanJam Investment rallied $4 to $69 in switching ownership of 26,674 stock units. 
Proven Investments spiked $1.21 to $35.61 after an exchange of 1,478 shares, Pulse Investments gained 26 cents to finish at $4.36 with 359,704 stocks changing hands, Salada Foods declined $1 to $7 in exchanging 104,473 shares. Scotia Group rose 65 cents to $41.65 in trading 10,367 units, Seprod declined $2.04 to close at $72.45 with a transfer of 4,354 shares. Supreme Ventures rose 85 cents to $20.80 with 17,957 units changing hands and Wisynco Group lost 25 cents to close at $15.50 with the swapping of 1,359,269 shares,
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.