TRADING REPORT
May 26, 2017
Two securities declined as 2,100 shares traded on the Regular Market, with a total value of $9,325.00. One Caribbean Media Limited was the volume leader trading 1,100 shares at $6.45 to close down five (5) cents. They were followed by Cable and Wireless Barbados Limited which traded 1,000 shares.
Regular Market
Security / Volume / High / Low / MarketPrice / Advance/
Decline
One Caribbean Media Limited / 1,100 / $6.45 / $6.45 / $6.45 / -$0.05
Cable and Wireless Barbados Limited / 1,000 / $2.23 / $2.23 / $2.23 / -$0.02
Deposit Receipts
Security / Previous Close / Current Close / Advance/Decline
EMERA DEPOSIT RECEIPT / $17.42 / $17.56 / $0.14
INDICES
INDEX / TODAY'S TRADING / LAST TRADING / CHANGESMay 26, 2017 / May 25, 2017
Local / 2,902.37 / 2,903.54 / (1.16)
Cross-list / 995.01 / 999.92 / (4.90)
Composite / 692.91 / 693.49 / (0.58)
MARKET CAPITALISATION (in millions) / TODAY'S TRADING / LAST TRADING / CHANGES
May 26, 2017 / May 25, 2017
Local / 6,303.58 / 6,306.11 / (2.53)
Cross-list / 671.67 / 674.98 / (3.31)
Composite / 6,975.25 / 6,981.09 / (5.84)
MUTUAL FUNDS
ENDED / NAME OF FUND / NAV / OFFER / BID / NAV CHANGE
19-May-17 / REPUBLIC CAPITAL GROWTH FUND / w / 1.6577 / 0.0032
19-May-17 / REPUBLIC INCOME FUND -* / w / 1.5877 / 0.0016
19-May-17 / REPUBLIC PROPERTY FUND / w / 1.1679 / -0.0014
19-May-17 / FORTRESS CARIBBEAN GROWTH FUND / w / 5.5076 / 5.5076 / 5.5076 / -0.0248
19-May-17 / FORTRESS HIGH INTEREST FUND - ACC. / w / 1.9425 / -0.0038
19-May-17 / FORTRESS HIGH INTEREST FUND - DIST. / w / 1.0019 / -0.0021
30-Apr-17 / ROYAL FIDELITY SELECT BALANCED FUND / m / 5.1353 / 5.1353 / 5.0326 / 0.0213
30-Apr-17 / ROYAL FIDELITY STRATEGIC GROWTH FUND / m / 0.9096 / 0.9096 / 0.8914 / 0.0038
30-Apr-17 / ROYAL FIDELITY PREMIUM INCOME FUND / m / 1.5807 / 1.5807 / 1.5491 / 0.0083
19-May-17 / SAGICOR GLOBAL BALANCED FUND / w / 2.44 / 0.00
19-May-17 / SAGICOR SELECT GROWTH FUND / w / 1.33 / -0.01
19-May-17 / SAGICOR PREFERRED INCOME FUND -* / w / 1.07 / 0.00
* Indicates the Fund is currently ex-div
NOTES: QUOTATIONS AND NET ASSET VALUE PER SHARE ARE SUPPLIED BY THE FUND MANAGEMENT. THE OFFERING PRICE INCLUDES NET ASSET VALUE PLUS ENTRY COSTS.
m = monthly valuation, q = quarterly valuation, w = weekly
NEWS
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BSE NOTICE
Removal of Volume Trading Limits - The Barbados Stock Exchange (BSE) wishes to advise that effective February 6th, 2017, in conjunction with the launch of the new STT Avvento Trading Software, the BSE will no longer utilize trading limits to determine the share price that marks the Board at the end of the trading day. Share prices will continue to be determined by the Volume Weighted Average Price (VWAP) methodology. The VWAP represents the total value of shares traded in a particular stock on a given day, divided by the total volume of shares traded in that stock on that day to give a volume weighted average of the price of the shareon that particular day. In addition, the BSE has expanded the range of the Price Stabilization Rule, from 10% to 15%.
ANNUAL GENERAL MEETING
Sagicor Financial Corporation Limited – Due to unforeseen postal delays, Directors have fixed the revised record date of May 11th, 2017 for the determination of Shareholders entitled receive notice of the Annual General Meeting of the Company. Notice is hereby given that the Annual General Meeting of the Company previously scheduled to be held on May 4th, 2017 will now be held on June 16th, 2017.
DIVIDEND NOTICE
West India Biscuit Company Limited - Directors have declared an interim dividend of twenty-five (25) cents per share to be paid on June 9th, 2017 to Shareholders on record at close of business on May 30th, 2017.
8th Avenue Belleville, ST. MICHAEL. BARBADOS. TEL:436-9871/72 FAX 429-8942 website: www.bse.com.bb /SHARE SUMMARY INFORMATION /
Friday May 26, 2017 /
Company / Last Trade Date / Volume / High / Low / Last Close / Current Close / Price Change / Bid Price / Ask Price / Bid Size / Ask Size /
ABV Investments Incorporated / 26-Apr-17 / $0.05 / $0.05 / $0.05 / $0.15 / 10,000 / 12,000
BICO Limited / 27-Mar-17 / $2.19 / $2.19 / $2.25 / 4,000
Banks Holdings Limited / 23-May-17 / $7.10 / $7.10 / $7.10 / 25,734
Barbados Dairy Industries Limited / 16-May-17 / $2.50 / $2.50 / $2.52 / $5.25 / 4,000 / 11,638
Barbados Farms Limited / 24-Mar-17 / $0.35 / $0.35 / $0.30 / $0.50 / 6,470 / 6,682
Cable and Wireless Barbados Limited / 26-May-17 / 1,000 / $2.23 / $2.23 / $2.25 / $2.23 / -$0.02 / $2.20 / $2.23 / 864 / 1,378
Cave Shepherd and Company Limited / 25-May-17 / $3.46 / $3.46 / $3.46 / $3.48 / 47 / 400
FirstCaribbean International Bank / 24-May-17 / $2.44 / $2.44 / $2.47 / $2.50 / 1,000 / 1,292
Fortress Caribbean Property Fund - Dev Fund / 25-May-17 / $0.13 / $0.13 / $0.13 / 10,513
Fortress Caribbean Property Fund - Value Fund / 25-May-17 / $0.51 / $0.51 / $0.51 / 10,513
Goddard Enterprises Limited / 25-May-17 / $9.56 / $9.56 / $9.55 / 250
Insurance Corporation of Barbados Limited / 23-May-17 / $3.75 / $3.75 / $3.75 / $4.25 / 3,310 / 12,872
JMMB Group Limited / 21-Feb-17 / $0.15 / $0.15 / $0.15 / 49,200
One Caribbean Media Limited / 26-May-17 / 1,100 / $6.45 / $6.45 / $6.50 / $6.45 / -$0.05 / $6.55 / 1,950
Sagicor Financial Corporation Pref 6.5% / 23-Jun-16 / $2.26 / $2.26
Sagicor Financial Corporation Limited / 25-May-17 / $2.45 / $2.45 / $2.42 / $2.45 / 3,000 / 3,135
The West Indies Rum Distilleries Limited / 26-Apr-17 / $10.23 / $10.23
West India Biscuit Company Limited / 02-May-17 / $17.35 / $17.35 / $17.35 / 1,000
Emera Deposit Receipt / $17.42 / $17.56 / $0.14
TOTAL SHARES BOUGHT & SOLD / 2,100
Junior Market
TOTAL SHARES BOUGHT & SOLD / -
Fixed Income
Barbados Government Debenture 6.875% 2020 / 24-May-17 / $99.25 / $100.00 / 15,000 / 144,000
Barbados Government Debenture 6.875% 2023 / 22-May-17 / $98.75 / $102.00 / 18,000 / 18,000
Barbados Government Debenture 7% 2024 / $100.00 / 50,000
Barbados Government Debenture 7% 2027 / $98.75 / $107.00 / 50,000 / 50,000
Barbados Government Debenture 7.125% 2026 / 22-May-17 / $98.00 / $99.00 / 50,000 / 73,000
Barbados Government Debenture 7.25% 2026 / $105.00 / 30,000
Barbados Government Debenture 7.25% 2029 / $100.00 / 16,000
Barbados Government Debenture 7.375% 2027 / 22-May-17 / $99.25 / $100.00 / 5,000 / 80,000
Barbados Government Debenture 7.375% 2029 / $99.25 / $100.00 / 12,000 / 12,000
Barbados Government Debenture 7.50% 2026 / 09-Nov-16 / $98.00 / $100.00 / 10,000 / 50,000
Barbados Government T/Note 6.25% 2021 / 20-Apr-17 / $100.00 / 10,000
Barbados Government T/Note 6.625% 2019 / 18-Apr-16 / $98.75 / $104.00 / 28,000 / 28,000
TOTAL SHARES BOUGHT & SOLD / -
* = Security is Trading X-Div
*+* = Security is Suspended
** = Rights Issued
Week in Review
This week, the Regular Market traded a total volume of 120,749 shares. The top three companies traded were Fortress Caribbean Property Fund - Development Fund with 30,000, Fortress Caribbean Property Fund - Value Fund with 30,000 and FirstCaribbean International Bank with 18,538 shares.
Regular Market
Security / VolumeFORTRESS CARIBBEAN PROPERTY FUND - DEV FUND / 30,000
FORTRESS CARIBBEAN PROPERTY FUND - VALUE FUND / 30,000
FIRSTCARIBBEAN INTERNATIONAL BANK / 18,538
SAGICOR FINANCIAL CORPORATION LIMITED / 15,290
BANKS HOLDINGS LIMITED** / 8,740
CAVE SHEPHERD AND COMPANY LIMITED / 5,000
CABLE AND WIRELESS BARBADOS LIMITED / 4,873
GODDARD ENTERPRISES LIMITED / 4,200
ONE CARIBBEAN MEDIA LIMITED / 2,608
INSURANCE CORPORATION OF BARBADOS LIMITED / 1,500
** It should be noted that these transactions represent the trades pursuant to SLU Beverages Limited's offer for Banks Holdings Limited.
Fixed Income Market
Security / VolumeBARBADOS GOVERNMENT DEBENTURE 7.125% 2026 / 10,000
BARBADOS GOVERNMENT DEBENTURE 6.875% 2020 / 6,000
BARBADOS GOVERNMENT DEBENTURE 7% 2023 / 4,000
BARBADOS GOVERNMENT DEBENTURE 7.375% 2027 / 4,000
BARBADOS GOVERNMENT DEBENTURE 6.875% 2023 / 3,000
BARBADOS GOVERNMENT DEBENTURE 7.75% 2033 / 3,000
BARBADOS GOVERNMENT DEBENTURE 6.125% 2021 / 2,000
BARBADOS GOVERNMENT DEBENTURE 6.25% 2022 / 1,000
BARBADOS GOVERNMENT DEBENTURE 7% 2024 / 1,000
BARBADOS GOVERNMENT T/NOTE 5.5% 2020 / 9,000
BARBADOS GOVERNMENT T/NOTE 6.25% 2024 / 2,000
INDICES
TODAY'S TRADING / LAST TRADING / CHANGES
May 26, 2017 / May 19, 2017
Local / 2,902.37 / 2,907.99 / (5.62)
Cross-list / 995.01 / 1,014.63 / (19.62)
Composite / 692.91 / 695.44 / (2.53)
MARKET CAPITALISATION (in millions)
TODAY'S TRADING / LAST TRADING / CHANGES
May 26, 2017 / May 19, 2017
Local / 6,303.58 / 6,315.78 / (12.21)
Cross-list / 671.67 / 684.92 / (13.24)
Composite / 6,975.25 / 7,000.70 / (25.45)
BARBADOS STOCK EXCHANGE INC.
8th Avenue, Belleville, ST. MICHAEL. BARBADOS. / TEL:436-9871/72 FAX 429-8942
Advancers/ Decliners for the Week Ending : / May 26th, 2017 / WEBSITE: www.bse.com.bb
SECURITY / LAST / THIS
LAST / WEEK'S / WEEK'S / WEEK'S / WEEK'S / WEEK'S
TRADING DATE / VOLUME / CLOSE / CLOSE / CHGE / HIGH / LOW
mm.dd.yyyy
ABV Investments Incorporated / 04.26.2017 / - / 0.05 / 0.05 / - / - / -
BICO Limited / 03.27.2017 / - / 2.19 / 2.19 / - / - / -
Banks Holdings Limited / 05.23.2017 / 8,740 / 7.10 / 7.10 / - / 7.10 / 7.10
B'dos Dairy Industries Limited / 05.16.2017 / - / 2.50 / 2.50 / - / - / -
B'dos Farms Limited / 03.24.2017 / - / 0.35 / 0.35 / - / - / -
Cable & Wireless (B'dos) Limited / 05.26.2017 / 4,873 / 2.35 / 2.23 / (0.12) / 2.30 / 2.23
Cave Shepherd & Company Ltd. / 05.25.2017 / 5,000 / 3.46 / 3.46 / - / 3.46 / 3.46
FirstCaribbean International Bank / 05.24.2017 / 18,538 / 2.44 / 2.44 / - / 2.50 / 2.44
Fortress Caribbean Property Fund - Dev Fund / 05.25.2017 / 30,000 / 0.13 / 0.13 / - / 0.13 / 0.13
Fortress Caribbean Property Fund - Val Fund / 05.25.2017 / 30,000 / 0.51 / 0.51 / - / 0.51 / 0.51
Goddard Enterprises Limited / 05.25.2017 / 4,200 / 9.50 / 9.56 / 0.06 / 9.56 / 9.51
Insurance Corporation of B'dos Ltd. / 05.23.2017 / 1,500 / 3.75 / 3.75 / - / 3.75 / 3.75
JMMB Group Limited / 02.21.2017 / - / 0.15 / 0.15 / - / - / -
One Caribbean Media Limited / 05.26.2017 / 2,608 / 6.65 / 6.45 / (0.20) / 6.65 / 6.45
Sagicor Financial Corporation Limited / 05.25.2017 / 15,290 / 2.45 / 2.45 / - / 2.45 / 2.45
The West Indies Rum Distillery Limited / 04.26.2017 / - / 10.23 / 10.23 / - / - / -
West India Biscuit Company Limited / 05.02.2017 / - / 17.35 / 17.35 / - / - / -
Emera Deposit Receipt / - / - / 16.91 / 17.56 / 0.65 / - / -
PREFERRED
Sagicor Financial Corporation - SFC 6.5% / 06.23.2016 / - / 2.26 / 2.26 / - / - / -
TOTAL SHARES BOUGHT & SOLD / 120,749
** Traded at its closing prices