TRADING REPORT
November 13, 2007
One security declined and three traded firm as 35,345 shares traded on the Regular Market, with a total value of $117,053.47. Almond Resorts Inc was the volume leader trading 16,752 shares at $2.14 to close down one (1) cent. They were followed by Sagicor Financial Corporation and Insurance Corporation of Barbados Limited which traded 8,593 and 8,000 shares respectively.
Regular Market
Security / Volume / High / Low / Price / Advance/Decline
Almond Resorts Inc. / 16,752 / $2.14 / $2.14 / $2.14 / -$0.01
Sagicor Financial Corporation / 8,593 / $4.83 / $4.83 / $4.83 / $0.00
Insurance Corporation of Barbados Limited / 8,000 / $3.85 / $3.85 / $3.85 / $0.00
Banks Holdings Limited / 2,000 / $4.45 / $4.45 / $4.45 / $0.00
Odd-Lot Market
The Odd-Lot Market traded a volume of 2,697 shares.
Security / Volume / High / Low / PriceSagicor Financial Corporation / 2,507 / $4.83 / $4.83 / $4.83
Barbados National Bank Inc. / 190 / $6.67 / $6.67 / $6.67
INDICES
TODAY'S TRADING / LAST TRADING / CHANGES
November 13,2007 / November 12,2007
Local / 4,097.63 / 4,097.84 / (0.21)
Cross-list / 2,029.04 / 2,029.04 / -
Composite / 1,021.80 / 1,021.83 / (0.03)
MARKET CAPITALISATION (in millions)
TODAY'S TRADING / LAST TRADING / CHANGES
November 13,2007 / November 12,2007
Local / 11,098.80 / 11,099.36 / (0.56)
Cross-list / 7,580.49 / 7,580.49 / -
Composite / 18,695.67 / 18,696.23 / (0.56)
MUTUAL FUNDS
November 13,2007ENDED / NAME OF FUND / NAV / OFFER / BID / NAV CHANGE
9-Nov-07 / BNB CAPITAL GROWTH FUND / w / 1.28 / 0.00
9-Nov-07 / BNB INCOME FUND * / w / 1.23 / 0.00
9-Nov-07 / BNB PROPERTY FUND / m / 1.71 / 0.00
1-Nov-07 / CLICO BALANCED FUND INC. / w / 1.20 / 0.00
9-Nov-07 / FORTRESS CARIBBEAN GROWTH FUND / w / 4.78 / 4.87 / 4.78 / 0.02
9-Nov-07 / FORTRESS HIGH INTEREST FUND - ACC. / w / 1.4031 / 0.0015
9-Nov-07 / FORTRESS HIGH INTEREST FUND - DIST. * / w / 1.0085 / 0.0011
25-Oct-07 / ROYBAR INVESTMENT CORP. BDS$ ** / m / 4.14 / 4.14 / 4.06 / 0.01
9-Nov-07 / THE SAGICOR GLOBAL BALANCED FUND / w / 2.21 / 0.00
9-Nov-07 / SAGICOR SELECT GROWTH FUND / w / 1.16 / 0.00
9-Nov-07 / SAGICOR PREFERRED INCOME FUND * / w / 1.06 / 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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Barbados Shipping & Trading Limited: The Securities Commission in the exercise of the powers conferred on it by Section 136(2)(c) of the Securities Act 2001-13 makes the following Order as at October 29, 2007:
IT IS HERBY ORDERED THAT:
1. Trading cease as of the date of this Order in respect of the shares of The Barbados Shipping & Trading Company Limited presently traded on the Barbados Stock Exchange;
2. The Barbados Stock Exchange immediately cease and desist facilitating trades in the shares of The Barbados Shipping & Trading Company Limited as of the date of this Order;
3. The Barbados Central Securities Depository Inc. refrain from settlement of trades made in the shares of The Barbados Shipping & Trading Company Limited as of the date of this Order;
4. This Order shall remain in effect until further notice.
AND THE COMMISSION FURTHER GIVES NOTICE that any person affected by this Order may make written application to the Commission to be heard by the Commission within 15 days of the date of this Order.
DIVIDEND DECLARATION
GraceKennedy Limited: Directors have declared an interim dividend of seventy JMD (70) cents per share to be paid on December 10th, 2007 to shareholders on record at close of business on November 19th, 2007.
Barbados Dairy Industries Limited: Directors have declared an interim dividend of fifteen (15) cents per share to be paid on December 12th, 2007 to shareholders on record at close of business on November 28th, 2007.
Insurance Corporation of Barbados Limited: Directors have declared an interim dividend of seven (7) cents per share to be paid on December 5th, 2007 to shareholders on record at close of business on November 21st, 2007.
Banks Holdings Limited: Directors have declared a dividend of sixteen (16) cents per share to be paid on December 7th, 2007 to shareholders on record at close of business on November 21st, 2007.
Barbados National Bank Inc: Directors have declared a final dividend of seventeen (17) cents per share to be paid on December 6th, 2007 to shareholders on record at close of business on November 20th, 2007.
RBTT Financial Holdings Limited: Directors have declared a dividend of sixty (60) cents TT per share to be paid on November 22nd, 2007 to shareholders on record at close of business on November 8th 2007.
Jamaica Money Market Brokers Limited: The Board of Directors of Jamaica Money Market Brokers Limited will meet on Tuesday November 20th, 2007 to consider payment of an interim dividend.
PUT THROUGH MARKET
Put-through – BNB Finance & Trust Corporation would like to announce a put-through of 600 shares in Barbados National Bank Inc at $6.69 set to take place on November 14th, 2007.
Put-through – Sagicor Asset Management Inc would like to announce a put-through of 4,859 shares in Sagicor Financial Corporation at $5.00 set to take place on November 14th, 2007.
1st Floor, Carlisle House, Hincks Street ST. MICHAEL. BARBADOS. TEL:436-9871/72 FAX 429-8942 website: www.bse.com.bb /SHARE SUMMARY INFORMATION /
Tuesday November 13, 2007 /
Company / Last Trade Date / Volume / High / Low / Last Close / Current Close / Price Change / Bid Price / Ask Price / Bid Size / Ask Size /
ANSA McAl (Barbados) Ltd / 26-Sep-07 / $20.14 / $20.14 / $20.00 / 130,549
Almond Resorts Inc. / 13-Nov-07 / 16,752 / $2.14 / $2.14 / $2.15 / $2.14 / -$0.01 / $2.13 / 3,776
BICO Limited / 3-Oct-07 / $1.86 / $1.86 / $1.87 / $2.00 / 2,000 / 10,067
Banks Holdings Ltd. / 13-Nov-07 / 2,000 / $4.45 / $4.45 / $4.45 / $4.45 / $0.00 / $4.20 / $4.45 / 10,533 / 8,533
Barbados Dairy Industries Ltd. / 22-Oct-07 / $7.34 / $7.34 / $7.35 / 1,100
Barbados Farms Ltd. / 27-Aug-07 / $2.21 / $2.21 / $2.43 / 1,051,000
Barbados National Bank Inc. / 2-Jul-07 / $6.69 / $6.69 / $6.65 / 7,000
Barbados Shipping & Trading Co. Ltd. / 10-Oct-07 / $8.80 / $8.80
Cable and Wireless Barbados Ltd / 9-Nov-07 / $4.00 / $4.00 / $3.83 / 1,500
Cave Shepherd and Co. Ltd. / 4-Oct-07 / $6.05 / $6.05 / $5.99 / 4,000
Courts (Barbados) Ltd. / 9-Mar-07 / $6.00 / $6.00
FirstCaribbean International Bank / 6-Nov-07 / $3.99 / $3.99 / $3.80 / $3.99 / 1,000 / 1,547
Fortress Caribbean Property Fund / 12-Nov-07 / $1.50 / $1.50 / $1.46 / $1.55 / 9,857 / 4,000
Goddard Enterprises Ltd. / 2-Nov-07 / $6.35 / $6.35 / $6.30 / $6.45 / 32,000 / 32,000
Grace Kennedy Ltd. / 2-Oct-07 / $1.85 / $1.85 / $1.85 / $2.03 / 1,000 / 2,715
Insurance Corporation Of Barbados Ltd. / 13-Nov-07 / 8,000 / $3.85 / $3.85 / $3.85 / $3.85 / $0.00 / $3.80 / 5,000
Jamaica Money Market Brokers Limited / 29-Dec-06 / $0.55 / $0.55 / $0.50 / 22,615
Light And Power Holdings Ltd 5.5% Pref / 25-Nov-03 / $3.00 / $3.00 / $3.10 / 3,000
Light and Power Holdings Ltd. / 10-Oct-07 / $10.55 / $10.55
Neal And Massey Holdings Ltd. / 18-Oct-07 / $15.17 / $15.17
One Caribbean Media Limited / 11-Oct-07 / $6.25 / $6.25 / $6.19 / 4,930
RBTT Financial Holdings Ltd.- * / 25-Sep-07 / $11.00 / $11.00 / $11.00 / 11,665
Sagicor Financial Corporation / 13-Nov-07 / 8,593 / $4.83 / $4.83 / $4.83 / $4.83 / $0.00 / $4.83 / $4.97 / 16,272 / 7,490
The West Indies Rum Distilleries Ltd. / 7-Aug-07 / $8.50 / $8.50
Trinidad Cement Ltd. / 9-Oct-07 / $2.50 / $2.50 / $2.50 / 5,000
West India Biscuit Co. Ltd. / 13-Sep-07 / $8.60 / $8.60 / $8.60 / $8.90 / 2,000 / 2,000
TOTAL SHARES BOUGHT & SOLD / 35,345
Junior Market
Sunbeach Communication Inc. / 9-Nov-07 / $0.34 / $0.34 / $0.34 / 3,575
Fixed Income
BNB Housing Bond 7%, 2008 / $101.00 / 50,000
Bdos Govt Debenture 4.75%, 2016 / $86.75 / 85,000
Bdos Govt Debenture 6%, 2013 / $98.00 / 4,000
Bdos Govt Debenture 7%, 2009 / $101.50 / 2,000
Bdos Govt Debenture 7.25%, 2025 / $112.00 / 3,000,000
Bdos Govt Debenture 7.75%, 2025 / $103.00 / 25,000
Bdos Govt Debenture 8%, 2011 / $100.00 / $104.00 / 100,000 / 34,000
Bdos Govt Debenture 8%, 2012 / $100.00 / $102.00 / 145,000 / 135,000
Bdos Govt Debenture 8.25%, 2008 / $95.00 / 25,000
Bdos Govt Debenture 8.5%, 2009 / $105.00 / 20,000
Bdos Govt Debenture 9%, 2007 / $105.00 / 20,000
Bdos Govt T/Note 4.25%, 2013 / $99.00 / 10,000,000
Bdos Govt T/Note 4.75%, 2010 / $99.00 / 10,000,000
Bdos Govt T/Note 5%, 2011 / $100.00 / 3,000,000
Bdos Govt T/Note 6%, 2012 / $98.00 / 777,000
Bdos Govt T/Note 6.5%, 2008 / $100.00 / 11,000
Bdos Govt T/Note 7%, 2008 / $101.50 / 15,000
Bdos Govt T/Note 7.5%, 2009 / $102.00 / 24,000
Odd-Lot
ANSA McAl (Barbados) Ltd / 27-Jun-07 / $22.37 / $22.37 / $20.14 / 100
Almond Resorts Inc. / 2-Nov-07 / $2.10 / $2.10 / $2.12 / 208
BICO Limited / 18-Oct-07 / $1.86 / $1.86
Banks Holdings Ltd. / 2-Nov-07 / $4.13 / $4.13 / $4.12 / 500
Barbados Dairy Industries Ltd. / 7-Jun-07 / $6.75 / $6.75 / $7.49 / 500
Barbados Farms Ltd. / 7-Sep-07 / $2.35 / $2.35 / $2.43 / 1,099
Barbados National Bank Inc. / 13-Nov-07 / 190 / $6.67 / $6.67 / $6.67 / $6.67 / $0.00 / $6.67 / 1,411
Barbados Shipping & Trading Co. Ltd. / 3-Oct-07 / $9.00 / $9.00
Cable and Wireless Barbados Ltd / 9-Nov-07 / $3.83 / $3.83 / $3.83 / 435
Cave Shepherd and Co. Ltd. / 8-Nov-07 / $6.01 / $6.01 / $6.02 / 1,129
Courts (Barbados) Ltd. / 8-Mar-07 / $6.00 / $6.00
FirstCaribbean International Bank / 9-Nov-07 / $3.80 / $3.80
Fortress Caribbean Property Fund / 12-Nov-07 / $1.50 / $1.50 / $1.49 / 169
Goddard Enterprises Ltd. / 11-Oct-07 / $6.20 / $6.20 / $6.35 / 83
Grace Kennedy Ltd. / 3-Oct-07 / $1.85 / $1.85
Insurance Corporation Of Barbados Ltd. / 9-Nov-07 / $3.85 / $3.85 / $3.60 / 1,017
Jamaica Money Market Brokers Limited / 25-Sep-07 / $0.53 / $0.53
Light And Power Holdings Ltd 5.5% Pref / 11-Oct-07 / $3.10 / $3.10 / $3.10 / 650
Light and Power Holdings Ltd. / 7-Nov-07 / $10.55 / $10.55 / $11.25 / 759
Neal And Massey Holdings Ltd. / 17-Oct-07 / $15.17 / $15.17
One Caribbean Media Limited / 7-Nov-07 / $6.25 / $6.25 / $6.25 / 344
RBTT Financial Holdings Ltd. / 26-Sep-07 / $11.00 / $11.00 / $10.55 / 80
Sagicor Financial Corporation / 13-Nov-07 / 2,507 / $4.83 / $4.83 / $4.83 / $4.83 / $0.00 / $4.76 / 171
The West Indies Rum Distilleries Ltd. / 6-Mar-07 / $9.05 / $9.05 / $9.00 / 100
Trinidad Cement Ltd. / 9-Aug-06 / $2.90 / $2.90 / $2.50 / 808
West India Biscuit Co. Ltd. / 31-Aug-07 / $8.20 / $8.20 / $8.60 / 300
TOTAL SHARES BOUGHT & SOLD / 2,697
* = Security is Trading X-Div