QWI Investments took 36% of trades

QWI Investments led trading with 36 percent of total volume for 5.21 million shares and traded as high as $1.09, following the posting of half year results showing a major about turn in the profit from a big loss of $576 million last year to a profit of $171 million for the half year, but the stock closed the day at $1 with a miniscule rise after 14,404,463 shares traded for $119,739,515 compared to 13,252,508 units at $91,030,300 on Tuesday.
In the private bond market, Guardian Holdings 2025 Bond traded 104,000 units at $101.28 each.
Guardian Holdings was relisted on the Main market of the Exchange but did not trade but closed with the bid at $669.52, well above the JS$586 it is listed at in Trinidad.
The market recorded more gains at the close on Wednesday after an exchange of 9 percent more shares with a 32 percent higher value than on Tuesday, leading the All Jamaican Composite Index to advance 985.41 points to 445,922.36, the Main Index rose 816.03 points to 405,873.26 and the JSE Financial Index gained 0.11 points to settle at 99.45.
A total of 50 securities traded compared to 48 on Tuesday, with prices of 17 stocks rising, 20 declining and 13 remaining unchanged. The PE Ratio, based on ICInsider.com’s forecast of 2021-22 earnings, averages 16.2.
Wigton Windfarm was the second major trading stock with 11.5 percent for 1.65 million units, Mayberry Investments followed with 10.6 percent for 1.52 million units, Transjamaican Highway controlled 8.2 percent, with 1.18 million units and Sagicor Select Financial Fund ended with 7.9 percent after 1.14 million units change hands.
Trading averaged 288,089 units at $2,394,790, compared to an average of 276,094 shares at $1,896,465 on Tuesday. Month to date trading averages 434,530 units at $5,986,780, in contrast to 512,262 units at $7,972,309 on Tuesday. April averaged 234,200 units at $1,772,561.
Investor’s Choice bid-offer indicator reading has fifteen stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Caribbean Cement declined $2 to $88 with 41,807 shares changing hands, Carreras gained 54 cents in closing at $9.69 after switching ownership of 33,186 shares, Eppley Caribbean Property Fund rose 76 cents to $40.76 with the transfer of 920 units. Grace Kennedy rose 50 cents to $88.50 in an exchange of 59,837 shares, Jamaica Broilers lost 20 cents to close at $30.80 in trading 9,151 stocks. Jamaica Producers shed $2.50 to end at $27.50 after clearing the market with 265,026 units, Mayberry Investments rose 95 cents to close at $6.20 with 1,522,489 shares changing hands. Mayberry Jamaican Equities ended 70 cents higher at $7.90 with the swapping of 2,700 stocks, NCB Financial slipped 50 cents to close at $138.50 after exchanging 70,300 shares, PanJam Investment advanced $1.25 to $62.25 with 23,397 stocks changing hands. Proven Investments shed 98 cents to close at $37.02 after exchanging 40,040 shares, Salada Foods gained 48 cents to end at a 52 weeks’ high of $9.98 in switching ownership of 352,739 stock units. Scotia Group picked up 20 cents in closing at $42 after clearing the market with 670,305 shares, Seprod fell $2 to $78 in transferring 340,678 stock units, Supreme Ventures shed 45 cents to close at $17.50 in an exchange of 67,054 stocks.
In the preference segment, Eppley 7.50% preference shares rose $2.16 to $9.35 with an exchange of just one share.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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