Parent company of C&W Jamaica now owns over 91% of the shares.
Cable & Wireless accounted for just over 95 percent or 80 million units of the total volume traded on Tuesday, as the parent company prepared for the company to exit the Jamaica Stock Exchange on April 11.
Overall trading was much higher than on Monday as 84,503,992 units valued at $180,560,263 changed hands versus 5,325,114 units valued at $49,013,253 that was exchanged, on Monday.
The main market closed with 27 securities changing hands, 13 rose, 10 declined and 4 traded firm leading to the JSE All Jamaican Composite Index recovering 3,026.80 of the near 7,000 points lost on Monday to end at 322,429.21. The JSE Index regained 2,757.76 of the more than 6,000 points plunge on Monday to close at 293,769.46.
In market activity, Barita Investments closed at $9, with 188,546 shares, Berger Paints ended 17 cents higher at $17.73, with 9,009 stock units, Cable & Wireless concluded trading 20 cents higher at $1.45, with 80,371,757 units, Carreras finished 15 cents higher at $10.50, with 1,686,921 shares, Caribbean Cement settled with a loss of 2.37 cents at $35.53, with 3,100 shares. 
Ciboney Group ended trading 4 cents higher at $0.14, with 303,300 shares, Grace Kennedy traded 96 cents higher at $48.96, with 3,207 stock units, Jamaica Broilers finished trading with a loss of 49 cents at $20.01, with 64,399 units, Jamaica Producers closed 11 cents higher at $15.50, with 30,710 shares. Jamaica Stock Exchange ended 3 cents higher at $7, with 8,500 shares, JMMB Group concluded trading 21 cents higher at $26.21, with 100,691 shares, Kingston Wharves settled 2 cents higher at $38.52, with 100 units, Mayberry Investments ended trading with a loss of 42 cents at $6, with 15,000 shares. NCB Financial Group traded with a loss of 49 cents at $97.51, with 2,411 shares, 1834 Investments finished trading at $1.19, with 8,341 shares, PanJam Investment ended with a loss of 5 cents at $42.95, with 7,280 units, Portland JSX concluded trading at $8.50, with 152,700 shares. Pulse Investments finished 35 cents higher at $1.95, with 34,000 shares, 
Radio Jamaica settled 1 cent higher at $1.10, with 214,060 shares, Sagicor Group ended trading with a loss of 15 cents at $37.36, with 67,657 stock units, Sagicor Real Estate Fund ended trading with a loss of 10 cents at $15.20, with 32,190 shares, Scotia Group finished trading with a loss of 1.50 cents at $50.50, with 544,473 shares. Seprod closed at $35.50, with 29,572 shares, Supreme Ventures concluded trading with a loss of 4 cents at $11.85, with 6,600 stock units, Victoria Mutual Investments finished 12 cents higher at $4.17, with 19,427 units and Wisynco Group settled 35 cents higher at $10.35, with 499,541 shares trading. In the main market preference segment, Jamaica Money Market 7.5% traded with a loss of 4 cents at $1.95, with 100,500 stock units changing hands.
Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “JSE majors recover 3,000 points – Tuesday.”
Trading on Monday were slightly higher than on Friday but with a much lower value as 5,325,114 units valued at $49,013,253 were exchanged, compared with 5,136,325 units valued at $124,111,209, on the main market of the Jamaica Stock Exchange. 
The Junior Market slipped again on Monday by 17.10 points to close at 2,935.86 after an adverse advance, decline ratio 1 to 2. 
The average volume and value for the month to date, amounts to 204,255 units at $846,336 compared to 198,056 units at $860,035 on the prior trading day. March closed with an average of 149,999 units valued at $623,819, for each security traded.
FosRich Group finished trading at $2.50, with 8,383 shares. Honey Bun concluded trading at $4.65, with 1,000 shares, Iron Rock finished at $3, with 8,060 shares, Jetcon Corporation traded at $4.10, with 13,000 units, Key Insurance finished trading with a loss of 82 cents at $3.03, with 2,950,680 shares. Knutsford Express ended at $14, with 12,199 shares, Lasco Distributors concluded trading 5 cents higher at $4.10, with 196,900 stock units, Lasco Financial finished 68 cents higher at $5.63, with 1,747 units, Lasco Manufacturing fell 14 cents to $4, with 34,493 shares trading, Paramount Trading finished trading with a loss of 2 cents at $3.08, after exchanging 24,271 stock units and Stationery and Office closed at $5.55, with 16,146 units changing hands.
The Jamaican dollar has been trading within a band of J$125 to 130 to the US dollar, a situation Wynter sees as likely to be the norm for sometime to come. Wynter who was speaking at special briefing on Friday, indicated that Jamaicans had better start getting used to this new development as there is enough foreign currency available in the system. A development which he things the new foreign exchange auction B-Fxitt, that the central bank manages has helped to foster with much more transparency in the market aided by market intelligence by both buyers and sellers as well as the central bank. But the new B-Fxitt is not the only factor at play. Not only that, according to the governor even as the bank cut the compulsory take form dealers by 10 percentage points, BOJ has not suffered lower intake as a result of increased flows, some of which Wynter attributes to the selling of US dollars by locals to go into more profitable form of local investments. Government’s tight fiscal discipline has gone a long way to creating and environment of stability within the economy and among the business sector.
So where is the stock market in all of this? The junior market is up 8 percent year to date, but main market stocks have just crawled a mere 3 percent, the latter wont being performing so poorly much longer. This short term chart shows two channels that the market is trading within. The market is trading closer to the upper resistance line shown in red. The lower blue line has been steering the market slightly side wards with an upward bias. A very important feature, which is not shown in the attached chart, is an extremely bullish formation shown on a longer term chart. That chart shows the market now caught up in a wedge formation with the top being around 335,000 points using the all Jamaica Composite index. With the recent market moves, it appears that the wedge is going to give way and herald a huge rise upwards in the market and that in going to happen within a few weeks, probably after first quarter results are released starting in late April.
Trading on the Jamaica Stock Exchange main market ended at a another record close, with JSE All Jamaican Composite Index increasing by 763.78 points in a record closing high of 326,087.70 and the JSE Index gaining 695.89 points to a record closing high of 297,102.76. 
Trading resulted in an average of 190,234 shares valued at $4,596,711, for each security traded, compared to 419,737 shares valued at $15,695,578 on Thursday. The average for the month to date is 1,240,308 shares with a value of $6,425,698 and previously 1,510,327 shares with a value of $7,058,809. In contrast, March closed with an average of 626,526 units with an average value at $20,492,207 for each security traded.
Trading levels dipped sharply lower on Friday, compared to Thursday with a volume of 5,136,325 units valued at $124,111,209, down from the 11,332,892 units traded for $423,780,603 on the main market of the Jamaica Stock Exchange. 
The Junior Market slipped again on Friday by 5.49 points to close at 2,952.96 even as advancing stocks beat out declining stocks by almost a 2 to 1 ratio. 
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows just 6 stocks ending with the bid higher than the last selling price and 7 with lower offers, suggesting the continuation of fluidity in price changes.
The US dollar market closed on Thursday with 11,628 units valued at US$2,565 as Margaritaville traded 237 units to gain 5 US cents to 25 US cents and 
Grace Kennedy traded 7.8 million shares for $380 million accounting for 69 percent of the overall market volume of 11,332,892 units for $423,780,603 on the main market of the Jamaica Stock Exchange on Thursday. 
Radio Jamaica settled 1 cent higher at $1.05, with 92,144 shares, 