TRADING REPORT
October 14, 2011
One security traded firmas 1,000shares traded on the Regular Market, with a total value of $6,000.00. Goddard Enterprises Limitedwas the sole security trading 1,000shares at $6.00.
Regular Market
Security / Volume / High / Low / Price / Advance/Decline
GODDARD ENTERPRISES LIMITED / 1,000 / $6.00 / $6.00 / $6.00 / $0.00
There was no trading today on the Odd-Lot Market.
INDICESTODAY'S TRADING / LAST TRADING / CHANGES
October 14, 2011 / October 13, 2011
Local / 3,291.92 / 3,291.92 / -
Cross-list / 1,158.24 / 1,158.24 / -
Composite / 729.23 / 729.23 / -
MARKET CAPITALISATION (in millions)
TODAY'S TRADING / LAST TRADING / CHANGES
October 14, 2011 / October 13, 2011
Local / 9,337.74 / 9,337.74 / -
Cross-list / 1,913.37 / 1,913.37 / -
Composite / 11,259.06 / 11,259.06 / -
MUTUAL FUNDS
October 14,2011ENDED / NAME OF FUND / NAV / OFFER / BID / NAV CHANGE
07-Oct-11 / BNB CAPITAL GROWTH FUND / w / 1.2367 / -0.0161
07-Oct-11 / BNB INCOME FUND -* / w / 1.3096 / -0.0046
07-Oct-11 / BNB PROPERTY FUND / w / 1.6500 / 0.0738
06-Oct-11 / CLICO BALANCED FUND INC. / w / 1.191 / -0.0010
07-Oct-11 / FORTRESS CARIBBEAN GROWTH FUND / w / 4.4758 / 4.4758 / 4.4758 / -0.0135
07-Oct-11 / FORTRESS HIGH INTEREST FUND - ACC. / w / 1.6889 / -0.0004
07-Oct-11 / FORTRESS HIGH INTEREST FUND - DIST. / w / 1.0001 / -0.0003
31-Aug-11 / ROYAL FIDELITY SELECT BALANCED FUND / m / 4.6496 / 4.6496 / 4.5560 / -0.0712
31-Aug-11 / ROYAL FIDELITY STRATEGIC GROWTH FUND / m / 0.8574 / 0.8574 / 0.8400 / -0.0200
31-Aug-11 / ROYAL FIDELITY PREMIUM INCOME FUND / m / 1.1902 / 1.1902 / 1.1664 / 0.0046
23-Sep-11 / SAGICOR GLOBAL BALANCED FUND / w / 2.13 / -0.04
23-Sep-11 / SAGICOR SELECT GROWTH FUND / w / 1.05 / -0.04
23-Sep-11 / SAGICOR PREFERRED INCOME FUND -* / w / 1.08 / 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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DIVIDEND DECLARATION
Sagicor Financial Corporation - Directors have declared an interim dividend of two (2) US cents to be paid on November 15th, 2011 to Shareholders on record at close of business on October 17th, 2011.
Sagicor Financial Corporation 6.5% Pref - Directors have declared an interim dividend of two point one two (2.12) US cents to be paid on November 15th, 2011 to Shareholders on record at close of business on October 17th, 2011.
MATERIAL NOTICE
FirstCaribbean International Bank Limited - Notice is hereby given that, on October 7, 2011 FirstCaribbean International Bank Limited announced the following four appointments to its Executive Management Committee (EMC):
- The current General Counsel & Corporate Secretary Mrs. Ella Hoyos assumes the role of Managing Director, Human Resources.
- The Managing Director, Operations, Mr. Minish Parikh, assumes the role of Chief Administrative Officer; and
- Chief Internal Auditor Ms. Donna Graham, and Managing Director of Technology, Mr. Derek Wilson, will now be members of the Bank's EMC.
TRADING SUSPENSION
Barbados Shipping & Trading Company Limited - Pursuant to the application for a Certificate of Amalgamation by Barbados Shipping Trading Company Limited, the company's shares have been suspended from trading.
BSE NOTICE
FINANCIAL SERVICES COMMISSION
SECURITIES ACT CAP 318A
FINANCIAL SERVICES COMMISSION ACT 2010-21
AMENDMENT TO THE RULES OF THE BARBADOS STOCK EXCHANGE INC.
Notice is hereby given in accordance with section 33(2) of the Securities Act Cap. 318A (“Securities Act”) and Section 51(1)(a) of the Financial Services Commission Act 2010-21 that the Barbados Stock Exchange Inc. has filed a copy of proposed amendments to its Rules pursuant to Section 33(1) of the Securities Act.
In accordance with Section 33(2) of the Securities Act any interested persons who wish to comment on the proposed amendments must submit written comments to the Financial Services Commission within thirty (30) business days from the date of publication of this Notice.
Comments may be submitted by hand, post or to e-mail address under the subject heading “Proposed BSE Rules” and must be addressed as follows:
Chief Executive Officer
Financial Services Commission
34 Warrens Industrial Park
Warrens
St. Michael
An electronic copy of the Rules may be obtained from the Offices of the Financial Services Commission or Barbados Stock Exchange Inc. Alternately a copy may be viewed and downloaded from the website of the BSE
Ian Carrington
Chief Executive Officer
FINANCIAL SERVICES COMMISSION
8th Avenue Belleville, ST. MICHAEL. BARBADOS. TEL:436-9871/72 FAX 429-8942 website:SHARE SUMMARY INFORMATION
Friday October 14, 2011
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 / 05-Oct-11 / $11.75 / $11.75
Almond Resorts Inc. / 08-Sep-11 / $1.25 / $1.25 / $1.45 / 3,500
BICO Limited / 08-Sep-11 / $1.86 / $1.86 / $1.50 / 4,456
Banks Holdings Ltd. / 10-Oct-11 / $3.30 / $3.30 / $3.10 / $3.80 / 2,000 / 6,060
Barbados Dairy Industries Ltd. / 21-May-10 / $5.29 / $5.29 / $5.25 / 6,286
Barbados Farms Ltd. / 29-Sep-11 / $1.50 / $1.50 / $2.00 / 30,780
Barbados National Bank Inc. / 12-Apr-11 / $5.50 / $5.50 / $5.45 / 20,312
Barbados Shipping & Trading Co. Ltd. / 18-Oct-10 / $7.58 / $7.58
Cable and Wireless Barbados Ltd / 05-Oct-11 / $5.34 / $5.34 / $5.00 / $5.34 / 5,000 / 14,537
Cave Shepherd and Co. Ltd. / 28-Sep-11 / $4.60 / $4.60 / $4.36 / $5.00 / 6,570 / 10,000
FirstCaribbean International Bank / 07-Oct-11 / $3.13 / $3.13 / $2.50 / $3.13 / 1,000 / 37,701
Fortress Caribbean Property Fund / 15-Sep-11 / $1.05 / $1.05 / $1.05 / 15,357
Goddard Enterprises Ltd. / 14-Oct-11 / 1,000 / $6.00 / $6.00 / $6.00 / $6.00 / $0.00 / $6.00 / $6.14 / 4,444 / 1,000
Insurance Corporation Of Barbados Ltd. / 07-Oct-11 / $2.99 / $2.99 / $2.70 / $3.00 / 10,000 / 12,050
Jamaica Money Market Brokers Limited / 24-Jun-11 / $0.10 / $0.10 / $0.13 / $0.38 / 9,840 / 30,000
Light and Power Holdings Ltd 5.5% Pref / 06-Jul-10 / $3.11 / $3.11 / $3.11 / 4,000
Light and Power Holdings Ltd. / 30-Aug-11 / $25.70 / $25.70 / $25.70 / 1,000
Neal And Massy Holdings Ltd. / 04-Oct-11 / $13.60 / $13.60 / $13.90 / 14,178
One Caribbean Media Limited / 07-Oct-11 / $3.20 / $3.20 / $2.95 / 1,000
Sagicor Financial Corporation Pref 6.5% -* / 20-Jul-11 / $2.00 / $2.00
Sagicor Financial Corporation -* / 12-Oct-11 / $2.83 / $2.83 / $2.41 / $2.83 / 10,000 / 2,209
The West Indies Rum Distilleries Ltd. / 22-Jul-11 / $8.00 / $8.00 / $6.00 / 1,000
Trinidad Cement Ltd. / 22-Jun-11 / $0.80 / $0.80 / $0.80 / 10,000
West India Biscuit Co. Ltd. / 20-Apr-11 / $10.00 / $10.00 / $10.00 / 2,093
TOTAL SHARES BOUGHT & SOLD / 1,000
Junior Market
Royal Fidelity TIGRS A Fund / 26-Aug-11 / $10.75 / $10.75 / $10.75 / 200
Royal Fidelity TIGRS A1 Fund / $10.00 / $10.00 / $10.00 / 1,900
Fixed Income
Barbados Government Debenture 8% 2012 / $108.00 / 10,000
Barbados Government T/Note 6% 2012 / $102.50 / 40,000
Barbados Government T/Note 7.50% 2012 / 28-Dec-10 / $106.50 / 10,000
Odd-Lot
ANSA McAl (Barbados) Ltd / 29-Nov-10 / $14.70 / $14.70
Almond Resorts Inc. / 14-Dec-10 / $1.75 / $1.75 / $1.75 / 847
BICO Limited / 12-Apr-11 / $1.50 / $1.50
Banks Holdings Ltd. / 30-Aug-11 / $3.80 / $3.80 / $3.80 / 1,160
Barbados Dairy Industries Ltd. / 31-Jan-11 / $6.00 / $6.00 / $4.80 / $6.00 / 500 / 200
Barbados Farms Ltd. / 05-Jul-11 / $2.45 / $2.45 / $2.20 / 390
Barbados National Bank Inc. / 24-May-11 / $5.50 / $5.50 / $3.00 / $5.45 / 995 / 200
Barbados Shipping & Trading Co. Ltd. / 01-Mar-11 / $7.30 / $7.30
Cable and Wireless Barbados Ltd / 11-Oct-11 / $5.35 / $5.35 / $4.20 / $5.35 / 50 / 1,426
Cave Shepherd and Co. Ltd. / 28-Sep-11 / $4.60 / $4.60 / $4.60 / $6.56 / 18 / 1,384
FirstCaribbean International Bank / 28-Jul-11 / $3.13 / $3.13 / $3.12 / 416
Fortress Caribbean Property Fund / 06-Sep-11 / $1.10 / $1.10 / $1.10 / 975
Goddard Enterprises Ltd. / 27-Sep-11 / $6.00 / $6.00
Insurance Corporation Of Barbados Ltd. / 11-Oct-11 / $3.00 / $3.00 / $3.01 / 999
Jamaica Money Market Brokers Limited / 22-Nov-10 / $0.10 / $0.10
Light And Power Holdings Ltd 5.5% Pref / 20-Jul-11 / $3.11 / $3.11
Light and Power Holdings Ltd. / 26-Aug-11 / $25.70 / $25.70 / $12.01 / $25.70 / 25 / 124
Neal And Massy Holdings Ltd. / 21-Sep-11 / $13.90 / $13.90 / $14.20 / 93
One Caribbean Media Limited / 12-Aug-11 / $3.05 / $3.05 / $3.05 / $5.70 / 550 / 300
Sagicor Financial Corporation Pref 6.5% / $2.00 / $2.00
Sagicor Financial Corporation / 12-Oct-11 / $2.70 / $2.70 / $2.00 / $2.70 / 419 / 1,163
The West Indies Rum Distilleries Ltd. / 22-Aug-11 / $8.20 / $8.20
Trinidad Cement Ltd. / 08-Oct-08 / $2.50 / $2.50 / $1.50 / 967
West India Biscuit Co. Ltd. / 04-Mar-11 / $10.00 / $10.00 / $9.16 / 50
TOTAL SHARES BOUGHT & SOLD / -
* = Security is Trading X-Div
*+* = Security is Suspended
** = Rights Issued
Week inReview
This week, the Regular Market traded a total volume of 12,771shares. Thethree companies traded wereBanks Holdings Limited with 9,700, Sagicor Financial Corporationwith 2,071and Goddard Enterprises Limited with 1,000 shares.
Regular Market
Security / VolumeBANKS HOLDINGS LIMITED / 9,700
SAGICOR FINANCIAL CORPORATION / 2,071
GODDARD ENTERPRISES LIMITED / 1,000
On the Odd-Lot Market this week 531shares traded.
Odd-Lot Market
Security / VolumeSAGICOR FINANCIAL CORPORATION / 307
INSURANCE CORPORATION OF BARBADOS LIMITED / 174
CABLE & WIRELESS (BARBADOS) LIMITED / 50
Put-Through Market
Security / VolumeSAGICOR FINANCIAL CORPORATION / 97,637
Fixed Income Market
Security / VolumeBARBADOS GOVERNMENT T/NOTE 4.25% 2013 / 1,000
INDICES
TODAY'S TRADING / LAST TRADING / CHANGES
October 14, 2011 / October 7, 2011
Local / 3,291.92 / 3,308.52 / (16.60)
Cross-list / 1,158.24 / 1,158.24 / -
Composite / 729.23 / 731.56 / (2.33)
MARKET CAPITALISATION (in millions)
TODAY'S TRADING / LAST TRADING / CHANGES
October 14, 2011 / October 7, 2011
Local / 9,337.74 / 9,370.82 / (33.08)
Cross-list / 1,913.37 / 1,913.37 / -
Composite / 11,259.06 / 11,292.14 / (33.08)
BARBADOS STOCK EXCHANGE INC.
8th Avenue, Belleville, ST. MICHAEL. BARBADOS. / TEL:436-9871/72 FAX 429-8942
Advancers/ Decliners for the Week Ending : / October 14th, 2011 / 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
ANSA McAL (Barbados) Ltd. / 10.05.2011 / - / 11.75 / 11.75 / - / - / -
Almond Resorts Inc. / 09.08.2011 / - / 1.25 / 1.25 / - / - / -
BICO Limited / 09.08.2011 / - / 1.86 / 1.86 / - / - / -
Banks Holdings / 10.10.2011 / 9,700 / 3.81 / 3.30 / (0.51) / 3.30 / 3.30
B'dos Dairy Ind. / 05.21.2010 / - / 5.29 / 5.29 / - / - / -
B'dos Farms / 09.29.2011 / - / 1.50 / 1.50 / - / - / -
B'dos National Bank Inc. / 04.12.2011 / - / 5.50 / 5.50 / - / - / -
B'dos Shipping & Trading / 10.18.2010 / - / 7.58 / 7.58 / - / - / -
C&W BARBADOS / 10.05.2011 / - / 5.34 / 5.34 / - / - / -
Cave Shepherd / 09.28.2011 / - / 4.60 / 4.60 / - / - / -
FirstCaribbean International Bank / 10.07.2011 / - / 3.13 / 3.13 / - / - / -
Fortress Caribbean Property Fund / 09.15.2011 / - / 1.05 / 1.05 / - / - / -
Goddard Enterprises Ltd. / 10.14.2011 / 1,000 / 6.00 / 6.00 / - / 6.00 / 6.00
Insurance Corporation of B'dos / 10.07.2011 / - / 2.99 / 2.99 / - / - / -
Jamaica Money Market Brokers / 06.24.2011 / - / 0.10 / 0.10 / - / - / -
Light & Power Holdings / 08.30.2011 / - / 25.70 / 25.70 / - / - / -
Neal & Massy / 10.04.2011 / - / 13.60 / 13.60 / - / - / -
One Caribbean Media Limited / 10.07.2011 / - / 3.20 / 3.20 / - / - / -
Sagicor Financial Corp. / 10.12.2011 / 2,071 / 2.83 / 2.83 / - / 2.83 / 2.83
The West Indies Rum Distillery Limited / 07.22.2011 / - / 8.00 / 8.00 / - / - / -
Trinidad Cement Ltd / 06.22.2011 / - / 0.80 / 0.80 / - / - / -
West India Biscuit Co. / 04.20.2011 / - / 10.00 / 10.00 / - / - / -
PREFERRED
LPH 5.5% / 07.06.2010 / - / 3.11 / 3.11 / - / - / -
SFC 6.5% / 07.20.2011 / - / 2.00 / 2.00 / - / - / -
TOTAL SHARES BOUGHT & SOLD / 12,771
JUNIOR MARKET
Royal Fidelity TIGRS A Fund / 08.26.2011 / - / 10.75 / 10.75 / - / - / -
Royal Fidelity TIGRS A1 Fund / 01.00.1900 / - / 10.00 / 10.00 / - / - / -
TOTAL SHARES BOUGHT & SOLD / -
** Traded at its closing prices