TRADING REPORT
October 27, 2006
One security advanced, twodeclinedand fourtraded firmas 280,553shares crossed the floor on the Regular Market, with a total value of $1,299,284.99. Insurance Corporation of Barbados Limitedwas the volume leader trading 99,000shares at$3.50. They were followed byBarbados National Bank and Fortress Caribbean Property Fund which traded64,550 and 61,770shares respectively.
Regular Market
Security / Volume / High/Low($) / Price ($) / Advance/
Decline
Insurance Corporation of Barbados Limited / 99,000 / 3.50
Barbados National Bank Inc. / 64,550 / 6.80
Fortress Caribbean Property Fund / 61,770 / 1.45
Sagicor Financial Corporation / 29,653 / 4.05/4.00 / 4.01 / -0.04
Light & Power Holdings Limited / 20,480 / 10.50
ANSA McAL (Barbados) Limited / 3,100 / 24.85 / +0.25
Cave Shepherd & Co. Limited / 2,000 / 6.50 / -0.30
Odd-Lot Market
The Odd-Lot Market traded a total volume of6,975shares.
Security / Volume / Price ($)Cable & Wireless (Barbados) Limited / 3,917 / 3.05
Fortress Caribbean Property Fund / 1,800 / 1.45
Sagicor Financial Corporation / 600 / 4.05
Barbados National Bank Inc. / 455 / 6.80
Barbados Farms Limited / 100 / 1.95
FirstCaribbean International Bank / 100 / 3.80
Banks Holdings Limited / 3 / 3.80
INDICES
TODAY'S TRADING / LAST TRADING / CHANGES
October 27,2006 / October 25,2006
Local / 3,810.75 / 3,815.71 / (4.96)
Cross-list / 1,958.29 / 1,958.29 / -
Composite / 958.40 / 959.03 / (0.63)
MARKET CAPITALISATION (in millions)
TODAY'S TRADING / LAST TRADING / CHANGES
October 27,2006 / October 25,2006
Local / 10,267.51 / 10,280.86 / (13.36)
Cross-list / 10,128.40 / 10,128.40 / -
Composite / 20,395.91 / 20,409.26 / (13.36)
MUTUAL FUNDS
October 27, 2006ENDED / NAME OF FUND / NAV / OFFER / BID / NAV CHANGE
20-Oct-06 / BNB CAPITAL GROWTH FUND / w / 1.11 / 0.00
20-Oct-06 / BNB INCOME FUND / w / 1.21 / 0.00
20-Oct-06 / BNB PROPERTY FUND / m / 1.68 / 0.00
15-Sep-06 / CLICO BALANCED FUND INC. / w / 1.16 / 0.00
20-Oct-06 / FORTRESS CARIBBEAN GROWTH FUND / w / 4.06 / 4.14 / 4.06 / 0.00
20-Oct-06 / FORTRESS HIGH INTEREST FUND - ACC. / w / 1.3182 / 0.0000
20-Oct-06 / FORTRESS HIGH INTEREST FUND - DIST. / w / 1.0023 / 0.0000
28-Sep-06 / ROYBAR INVESTMENT CORP. BDS$ / m / 14.92 / 14.92 / 14.63 / -0.23
27-Oct-06 / THE SAGICOR GLOBAL BALANCED FUND / w / 2.01 / 0.01
27-Oct-06 / SAGICOR SELECT GROWTH FUND / w / 1.04 / 0.01
27-Oct-06 / SAGICOR PREFERRED INCOME FUND / w / 1.04 / 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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Sunbeach Communications Inc. – In accordance with section 2.03.2 of the Rules of the Barbados Stock Exchange (BSE), the Board of Directors of the BSE has agreed that effective Tuesday September 28, 2004, trading in the shares of Sunbeach Communications Inc. has been suspended until further notice.
This action was taken as a result of the concerns of the Directors of the BSE regarding the financial position of Sunbeach Communications Inc. as of April 30, 2004.
PUT THROUGH NOTICE
Put-through – Royal Bank of Canada would like to announce a put-through of 874 shares in Sagicor Financial Corporation at $4.30 set to take place on November 7, 2006.
ANNUAL GENERAL MEETING
Bico Limited - Directors have fixed October 30th, 2006 as the record date for determining shareholders entitled to receive notice of the special meeting of the shareholders of the Company, to be held November 22, 2006.
Sagicor Financial Corporation - Directors have declared September 22, 2006 as the record date for determining shareholders entitled to receive notice of the special meeting of the shareholders of the Company, to be held November 8, 2006.
DIVIDEND DECLARATION
Jamaica Money Market Brokers: Directors will meet on Tuesday November 21st 2006 to consider an interim dividend. The details and payment will be disclosed as soon as the Board has made a decision.
Fortress Caribbean Property Fund: Directors have declared an interim dividend of $0.055 per share to be paid on October 31st 2006 to shareholders on record at September 30th 2006.
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BARBADOS STOCK EXCHANGE INC.1st Floor, Carlisle House, Hincks Street ST. MICHAEL. BARBADOS. TEL:436-9871/72 FAX 429-8942
SHARE SUMMARY INFORMATION
Friday October 27, 2006
SECURITY / TRANSACTIONS / PRICE / SIZE
LAST / LAST / CURRENT
TRADING DATE / VOL. / HIGH / LOW / CLOSE / CLOSE / CHGE / BID / ASK / BID / ASK
mm.dd.yyyy
Almond Resorts Inc. / 10.18.2006 / 2.16 / 2.16 / 2.00 / 2.16 / 1,938 / 3,850
Banks Holdings / 09.26.2006 / 3.80 / 3.80 / 3.75 / 3.95 / 3,500 / 1,000
B'dos Dairy Ind. / 07.28.2004 / 7.50 / 7.50 / 7.40 / 7,690
B'dos Farms / 09.29.2006 / 1.87 / 1.87 / 1.86 / 1.95 / 50,000 / 12,000
B'dos National Bank Inc. / 64,550 / 6.80 / 6.80
B'dos Shipping & Trading / 10.25.2006 / 5.50 / 5.50 / 5.25 / 5.50 / 14,968 / 10,000
Bico / 09.22.2006 / 1.80 / 1.80 / 1.80 / 3,330
BWIA (suspended) / 11.14.2003 / 2.50 / 2.50
C&W BARBADOS / 10.24.2006 / 3.03 / 3.03 / 3.15 / 3.20 / 2,120 / 3,000
Cave Shepherd / 2,000 / 6.80 / 6.50 / -0.30 / 6.80 / 1,334
FirstCaribbean International Bank / 10.20.2006 / 3.89 / 3.89 / 3.70 / 42,266
Courts / 09.22.2006 / 4.50 / 4.50 / 4.50 / 14,300
Fortress Caribbean Property Fund / x / 61,770 / 1.45 / 1.45 / 1.50 / 3,266
Goddard Enterprises Ltd. / 10.25.2006 / 5.75 / 5.75 / 5.75 / 10,000
GraceKennedy / 08.30.2006 / 1.80 / 1.80 / 1.80 / 8,540
Insurance Corporation of B'dos / 99,000 / 3.50 / 3.50 / 3.80 / 1,000
Jamaica Money Market Brokers Limited / 10.24.2006 / 0.50 / 0.50 / 0.55 / 48,583
Light & Power Holdings / 20,480 / 10.50 / 10.50 / 10.25 / 10,000
ANSA McAL (Barbados) Ltd. / 3,100 / 24.60 / 24.85 / 0.25
Neal & Massy / 09.21.2005 / 15.72 / 15.72
RBTT Fin. Holdings Ltd. / 10.13.2006 / 9.88 / 9.88 / 10.85 / 6,000
Sagicor Financial Corp. / 29,653 / 4.05 / 4.00 / 4.05 / 4.01 / -0.04 / 4.01 / 4.05 / 90,000 / 2,924
The West Indies Rum Distillery Limited / 10.03.2006 / 9.00 / 9.00 / 9.05 / 11,235
Trinidad Cement Ltd / 06.27.2006 / 2.76 / 2.76 / 2.76 / 1,500
West India Biscuit Co. / 10.18.2006 / 8.20 / 8.20 / 8.35 / 16,142
PREFERRED
LPH 5.5% / 11.25.2003 / 3.00 / 3.00 / 3.10 / 3,000
TOTAL SHARES BOUGHT & SOLD / 280,553
JUNIOR MARKET
Sunbeach Communications Inc. (Suspended) / 09.22.2004 / 0.55
TOTAL SHARES BOUGHT & SOLD / -
BOND MARKET / PRICE / PRICE / SIZE / SIZE
BOND TYPE / BID / ASK / BID / ASK
BG Deb 4.75% 2016 / 82.00 / 86.75 / 1,000 / 35,000
BG Deb 5.25% 2013
BG Deb 5.875% 2018
BG Deb 6.0% 2013
BG Deb 6.25% 2022
BG Deb. 6.5% 2015
BG Deb. 6.5% 2011
BG Deb 6.0% 2020
BG Deb 7.0% 2006
BG Deb 7.0% 2009 / 101.50 / 1,000
BG Deb 7.0% 2017 / 100.00 / 6,000
BG Deb. 7.25% 2009
BG Deb. 7.25% 2025 / 112.00 / 3,000,000
BG Deb. 7.5% 2009
BG Deb. 7.5% 2010
BG Deb. 7.5% 2012
BG Deb. 7.75% 2025
BG Deb. 8.0% 2007
BG Deb. 8.0% 2008 / 100.00 / 80,000
BG Deb. 8.0% 2011 / 100.00 / 100,000
BG Deb. 8.0% 2012 / 100.00 / 100,000
BG Deb 8.25% 2008 / 100.00 / 100,000
BG Deb 8.5% 2008
BG Deb 8.5% 2009 / 105.00 / 20,000
BG Deb 9.0% 2006 / 102.50 / 19,000
BG Deb 9.0% 2007 / 105.00 / 20,000
BG Deb 9.0% 2011
BG Deb 9.25% 2008
BG T/N 4.25% 2013
BG T/N 4.75% 2010
BG T/N 5.0% 2011 / 90.00 / 100.00 / 10,000 / 3,000,000
BG T/N 5.25% 2007
BG T/N 5.625% 2012
BG T/N 7.0% 2006 / 101.00 / 5,000
BG T/N 7.0% 2007
BG T/N 7.0% 2008 / 101.00 / 50,000
BG T/N 7.25% 2014
BG T/N 7.5% 2009
BG T/N 9.0% 2011
BIDC 8.75% 2007
BNB 7% 2008 / 101.00 / 50,000
BTI 8.25% 2015
NHC 7.5% 2009
NHC 7.75% 2010
ODD LOT MARKET / BID / ASK / BID / ASK
Almond Resorts Inc. / 10.25.2006 / 2.00 / 2.09 / 500
Banks Holdings / 3 / 4.00 / 3.80 / 3.80 / 4.00 / 377 / 1,460
B'dos Dairy Ind. / 10.10.2006 / 6.75 / 6.75 / 610
B'dos Farms / 100 / 1.80 / 1.95 / 1.81 / 1.95 / 150 / 49
B'dos National Bank Inc. / 455 / 6.80 / 6.80 / 6.80 / 36
B'dos Shipping & Trading / 10.25.2006 / 5.50 / 5.50 / 1,200
Bico / 10.20.2006 / 1.80
BWIA (suspended) / 09.15.2004
C&W BARBADOS / 3,917 / 3.05 / 3.00 / 3.01 / 3.05 / 3.05 / 1,152
Cave Shepherd / 10.10.2006 / 6.70 / 6.70 / 1,172
FirstCaribbean International Bank / 100 / 3.89 / 3.80 / 3.80 / 296
Courts / 12.28.2005 / 4.40 / 4.40 / 524
Fortress Caribbean Property Fund / 1,800 / 1.47 / 1.45 / 1.50 / 1.45
Goddard Enterprises Ltd. / 10.20.2006 / 6.00 / 6.00 / 582
GraceKennedy / 07.07.2006 / 2.30 / 1.90 / 100
Insurance Corporation of B'dos / 09.27.2006 / 3.80 / 3.59 / 3.80 / 95 / 1,103
Jamaica Money Market Brokers / 10.20.2006 / 0.53 / 0.53 / 290
Light & Power Holdings / 10.11.2006 / 10.13 / 11.00 / 187
ANSA McAL (Barbados) Ltd. / 06.21.2006 / 21.00 / 24.60 / 100
Neal & Massy / 04.04.2005 / 15.72 / 14.15 / 15.72 / 90 / 715
RBTT Fin. Holdings Ltd. / 10.17.2006 / 9.88
Sagicor Financial Corp. / 600 / 4.05 / 4.05 / 4.00 / 4.05 / 415 / 450
The West Indies Rum Distillery Limited / 08.02.2006 / 9.00 / 9.00 / 100
Trinidad Cement Ltd / 08.09.2006 / 2.90
West India Biscuit Co. / 07.27.2005 / 8.35
LPH5.5% / 09.19.2006 / 3.10 / 3.10 / 895
TOTAL SHARES BOUGHT & SOLD / 6,975
X = Security is Trading X-Div
Week in Review
This week, the Regular Market traded a total volume of514,575shares. The top three traded companies were Goddard Enterprises Limited with 99,037 shares, Insurance Corporation of Barbados with 99,000 shares and Sagicor Financial Corporation with90,173shares.
Regular Market
Security / VolumeGoddard Enterprises Limited / 99,037
Insurance Corporation of Barbados Limited / 99,000
Sagicor Financial Corporation / 90,173
Fortress Caribbean Property Fund / 71,770
Barbados National Bank Inc. / 64,550
ANSA McAL (Barbados) Limited / 53,540
Light & Power Holdings Limited / 20,480
Barbados Shipping & Trading Limited / 7,925
Cable & Wireless (Barbados) Limited / 5,100
Cave Shepherd & Co. Limited / 2,000
Jamaica Money Market Brokers Limited / 1,000
On the Odd-Lot Market this week 10,359 shares traded.
Odd-Lot Market
Security / VolumeCable & Wireless (Barbados) Limited / 3,917
Sagicor Financial Corporation / 3,115
Fortress Caribbean Property Fund / 1,800
Barbados Shipping & Trading Limited / 665
Barbados National Bank Inc. / 455
FirstCaribbean International Bank / 204
Almond Resorts Inc. / 100
Barbados Farms Limited / 100
Banks Holdings Limited / 3
Fixed-Income Market
Security / VolumeBarbados Government Debenture 6% 2013 / 6,000
INDICES
TODAY'S TRADING / LAST TRADING / CHANGES
October 27,2006 / October 20,2006
Local / 3,810.75 / 3,816.82 / (6.07)
Cross-list / 1,958.29 / 1,972.44 / (14.15)
Composite / 958.40 / 962.61 / (4.21)
MARKET CAPITALISATION (in millions)
TODAY'S TRADING / LAST TRADING / CHANGES
October 27,2006 / October 20,2006
Local / 10,267.51 / 10,283.86 / (16.36)
Cross-list / 10,128.40 / 10,201.57 / (73.17)
Composite / 20,395.91 / 20,485.43 / (89.53)
BARBADOS STOCK EXCHANGE INC.
1st Floor, Carlisle House, Hincks Street, ST. MICHAEL. BARBADOS. / TEL:436-9871/72 FAX 429-8942
Advancers/ Decliners for the Week Ending : / October 27,2006 / WEBSITE:
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
Almond Resorts Inc. / 10.18.2006 / - / 2.16 / 2.16 / - / - / -
Banks Holdings / 09.26.2006 / - / 3.80 / 3.80 / - / - / -
B'dos Dairy Ind. / 07.28.2004 / - / 7.50 / 7.50 / - / - / -
B'dos Farms / 09.29.2006 / - / 1.87 / 1.87 / - / - / -
B'dos National Bank Inc. / 10.27.2006 / 64,550 / 6.80 / 6.80 / - / 6.80 / 6.80
B'dos Shipping & Trading / 10.25.2006 / 7,925 / 5.50 / 5.50 / - / 5.55 / 5.50
Bico / 09.22.2006 / - / 1.80 / 1.80 / - / - / -
BWIA / 11.14.2003 / - / 2.50 / 2.50 / - / - / -
C&W BARBADOS / 10.24.2006 / 5,100 / 3.05 / 3.03 / (0.02) / 3.05 / 3.03
Cave Shepherd / 10.27.2006 / 2,000 / 6.80 / 6.50 / (0.30) / 6.50 / 6.50
FirstCaribbean International Bank / 10.20.2006 / - / 3.89 / 3.89 / - / - / -
Courts / 09.22.2006 / - / 4.50 / 4.50 / - / - / -
Fortress Caribbean Property Fund / 10.27.2006 / 71,770 / 1.45 / 1.45 / - / 1.45 / 1.45
Goddard Enterprises Ltd. / 10.25.2006 / 99,037 / 5.80 / 5.75 / (0.05) / 5.80 / 5.75
GraceKennedy / 08.30.2006 / - / 1.80 / 1.80 / - / - / -
Insurance Corporation of B'dos / 10.27.2006 / 99,000 / 3.50 / 3.50 / - / 3.50 / 3.50
Jamaica Money Market Brokers / 10.24.2006 / 1,000 / 0.55 / 0.50 / (0.05) / 0.50 / 0.50
Light & Power Holdings / 10.27.2006 / 20,480 / 10.50 / 10.50 / - / 10.50 / 10.50
ANSA McAL (Barbados) Ltd. / 10.27.2006 / 53,540 / 24.60 / 24.85 / 0.25 / 24.85 / 24.60
Neal & Massy / 09.21.2005 / - / 15.72 / 15.72 / - / - / -
RBTT Fin. Holdings Ltd. / 10.13.2006 / - / 9.88 / 9.88 / - / - / -
Sagicor Financial Corp. / 10.27.2006 / 90,173 / 4.04 / 4.01 / (0.03) / 4.05 / 4.00
The West Indies Rum Distillery Limited / 10.03.2006 / - / 9.00 / 9.00 / - / - / -
Trinidad Cement Ltd / 06.27.2006 / - / 2.76 / 2.76 / - / - / -
West India Biscuit Co. / 10.18.2006 / - / 8.20 / 8.20 / - / - / -
PREFERRED
LPH 5.5% / 11.25.2003 / - / 3.00 / 3.00 / - / - / -
TOTAL SHARES BOUGHT & SOLD / 514,575
JUNIOR MARKET
Sunbeach Communications Inc. / 09.22.2004 / - / 0.00 / 0.00 / - / - / -
** Traded at its closing prices