TRADING REPORT
December 16, 2011
There was no activity today on the Regular Market.
There was no activity today on the Odd-Lot Market.
INDICESTODAY'S TRADING / LAST TRADING / CHANGES
December 16, 2011 / December 15, 2011
Local / 3,291.23 / 3,291.23 / -
Cross-list / 1,158.24 / 1,158.24 / -
Composite / 729.13 / 729.13 / -
MARKET CAPITALISATION (in millions)
TODAY'S TRADING / LAST TRADING / CHANGES
December 16, 2011 / December 15, 2011
Local / 9,508.99 / 9,508.99 / -
Cross-list / 1,913.37 / 1,913.37 / -
Composite / 11,430.31 / 11,430.31 / -
MUTUAL FUNDS
December 16, 2011ENDED / NAME OF FUND / NAV / OFFER / BID / NAV CHANGE
09-Dec-11 / BNB CAPITAL GROWTH FUND / w / 1.2381 / 0.0046
09-Dec-11 / BNB INCOME FUND -* / w / 1.3189 / 0.0011
09-Dec-11 / BNB PROPERTY FUND / w / 1.6477 / 0.0012
08-Dec-11 / CLICO BALANCED FUND INC. / w / 1.182 / 0.0030
09-Dec-11 / FORTRESS CARIBBEAN GROWTH FUND / w / 4.5200 / 4.5200 / 4.5200 / 0.0583
09-Dec-11 / FORTRESS HIGH INTEREST FUND - ACC. / w / 1.7044 / 0.0007
09-Dec-11 / FORTRESS HIGH INTEREST FUND - DIST. / w / 1.0093 / 0.0004
31-Oct-11 / ROYAL FIDELITY SELECT BALANCED FUND / m / 4.5211 / 4.5211 / 4.43070 / -0.0341
31-Oct-11 / ROYAL FIDELITY STRATEGIC GROWTH FUND / m / 0.8540 / 0.8540 / 0.8369 / 0.0070
31-Oct-11 / ROYAL FIDELITY PREMIUM INCOME FUND / m / 1.2023 / 1.2023 / 1.1783 / 0.0033
09-Dec-11 / SAGICOR GLOBAL BALANCED FUND / w / 2.09 / 0.00
09-Dec-11 / SAGICOR SELECT GROWTH FUND / w / 1.07 / 0.00
09-Dec-11 / SAGICOR PREFERRED INCOME FUND -* / w / 1.06 / 0.01
* 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
Insurance Corporation of Barbados Limited - Directors have declared an interim dividend of seven (7) cents per share to be paid on December 19th, 2011 to Shareholders on record at close of business on December 8th, 2011.
Banks Holdings Limited - Directors have declared a dividend of nine (9) cents per share to be paid on December 19th, 2011 to Shareholders on record at close of business on December 5th, 2011.
Fortress Caribbean Property Fund - Directors have declared a dividend of two (2) cents per share to be paid on December 20th, 2011 to Shareholders on record at close of business on December 16th, 2011.
Light and Power Holdings Limited 5.5% Preference - Directors have declared a dividend of thirteen point seven five (13.75) cents per share to be paid on December 31st, 2011 to Shareholders on record at close of business on November 29th, 2011.
FirstCaribbean International Bank Limited – Directors have declared that a final dividend will be paid to Shareholders on record at close of business on December 13th, 2011. The dividend rate and payment date will be announced in a subsequent notice.
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
The Barbados Stock Exchange Inc. wishes to advise that our offices will be closing at 12:00 p.m. on the following date:
· Friday December 16th, 2011 – Staff Function
In light of the above, we wish to inform you of the following change in the trading times for this day:
· Pre-open: 8:30 a.m. to 9:00 a.m.
· Market Open: 9:00 a.m. to 11:15 a.m.
· Market Close: 11:15 a.m.
We apologize for any inconvenience caused and take this opportunity to wish each of you the very best for the holiday season.
8th Avenue Belleville, ST. MICHAEL. BARBADOS. TEL:436-9871/72 FAX 429-8942 website: www.bse.com.bb /SHARE SUMMARY INFORMATION /
Friday December 16, 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 / $0.50 / $1.25 / 10,000 / 4,000
BICO Limited / 08-Sep-11 / $1.86 / $1.86 / $1.50 / 4,456
Banks Holdings Ltd. -* / 25-Nov-11 / $3.29 / $3.29 / $3.30 / $3.79 / 3,000 / 3,850
Barbados Dairy Industries Ltd. / 21-May-10 / $5.29 / $5.29 / $3.00 / $5.25 / 6,296 / 6,286
Barbados Farms Ltd. / 29-Sep-11 / $1.50 / $1.50 / $1.20 / $2.00 / 22,000 / 33,417
Barbados National Bank Inc. / 12-Apr-11 / $5.50 / $5.50 / $5.20 / 16,800
Barbados Shipping & Trading Co. Ltd. - *+* / 18-Oct-10 / $7.58 / $7.58
Cable and Wireless Barbados Ltd / 05-Oct-11 / $5.34 / $5.34 / $4.00 / $5.34 / 5,000 / 13,837
Cave Shepherd and Co. Ltd. / 02-Dec-11 / $4.60 / $4.60 / $4.20 / $5.00 / 44,400 / 10,000
FirstCaribbean International Bank -* / 28-Oct-11 / $3.13 / $3.13 / $2.50 / $3.13 / 1,000 / 120,935
Fortress Caribbean Property Fund -* / 09-Dec-11 / $1.00 / $1.00 / $0.75 / $1.00 / 10,000 / 15,001
Goddard Enterprises Ltd. / 06-Dec-11 / $6.00 / $6.00 / $5.00 / $6.25 / 1,190 / 3,020
Insurance Corporation Of Barbados Ltd. -* / 07-Oct-11 / $2.99 / $2.99 / $2.70 / $2.75 / 10,000 / 1,921
Jamaica Money Market Brokers Limited / 24-Oct-11 / $0.10 / $0.10 / $0.15 / $0.39 / 40,000 / 6,840
Light and Power Holdings Ltd 5.5% Pref -* / 06-Jul-10 / $3.11 / $3.11 / $3.11 / 4,000
Light and Power Holdings Ltd. / 28-Nov-11 / $25.70 / $25.70 / $25.70 / 1,000
Neal And Massy Holdings Ltd. / 17-Nov-11 / $13.60 / $13.60 / $13.60 / $15.75 / 11,821 / 1,100
One Caribbean Media Limited / 07-Oct-11 / $3.20 / $3.20 / $2.95 / $3.20 / 1,000 / 16,728
Sagicor Financial Corporation Pref 6.5% / 20-Jul-11 / $2.00 / $2.00 / $2.00 / 10,000
Sagicor Financial Corporation / 21-Nov-11 / $2.87 / $2.87 / $2.00 / $2.83 / 5,000 / 27,998
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 / $2.00 / 1,100
West India Biscuit Co. Ltd. / 20-Apr-11 / $10.00 / $10.00 / $10.00 / 2,093
TOTAL SHARES BOUGHT & SOLD / -
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 / $104.50 / 10,000
Barbados Government T/Note 6% 2012 / $102.50 / 40,000
Barbados Government T/Note 7.50% 2012 / 09-Nov-11 / $100.00 / 1,000
Barbados Government T/Note 7.75% 2013 / $107.50 / 10,000
Barbados Government T/Note 8% 2014 / 14-Dec-10 / $105.00 / 1,000
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. / 12-Dec-11 / $3.29 / $3.29 / $3.29 / $3.79 / 265 / 1,412
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 / $1.30 / $2.20 / 800 / 390
Barbados National Bank Inc. / 17-Nov-11 / $5.48 / $5.48 / $3.00 / $5.40 / 995 / 600
Barbados Shipping & Trading Co. Ltd. / 01-Mar-11 / $7.30 / $7.30
Cable and Wireless Barbados Ltd / 22-Nov-11 / $5.35 / $5.35 / $4.20 / $5.35 / 50 / 1,167
Cave Shepherd and Co. Ltd. / 14-Dec-11 / $4.60 / $4.60 / $4.29 / $6.56 / 70 / 1,384
FirstCaribbean International Bank / 28-Oct-11 / $3.12 / $3.12 / $3.13 / 524
Fortress Caribbean Property Fund / 06-Sep-11 / $1.10 / $1.10 / $1.10 / 975
Goddard Enterprises Ltd. / 08-Dec-11 / $6.00 / $6.00 / $5.75 / $6.01 / 200 / 850
Insurance Corporation Of Barbados Ltd. / 14-Dec-11 / $2.69 / $2.69 / $2.50 / $2.70 / 210 / 800
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. / 08-Dec-11 / $25.70 / $25.70 / $12.01 / 25
Neal And Massy Holdings Ltd. / 21-Sep-11 / $13.90 / $13.90 / $13.60 / 18
One Caribbean Media Limited / 18-Oct-11 / $3.05 / $3.05 / $3.05 / $3.20 / 31 / 700
Sagicor Financial Corporation Pref 6.5% / $2.00 / $2.00
Sagicor Financial Corporation / 13-Dec-11 / $2.87 / $2.87 / $2.80 / $2.87 / 80 / 60
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 / $10.00 / 200
TOTAL SHARES BOUGHT & SOLD / -
* = Security is Trading X-Div
*+* = Security is Suspended
** = Rights Issued
Week in Review
This week, there was no trading on the Regular Market.
On the Odd-Lot Market this week 953 shares traded.
Odd-Lot Market
Security / VolumeCAVE SHEPHERD & COMPANY LIMITED / 560
INSURANCE CORPORATION OF BARBADOS LIMITED / 200
SAGICOR FINANCIAL CORPORATION / 140
BANKS HOLDINGS LIMITED / 53
Fixed Income Market
Security / VolumeBARBADOS GOVERNMENT DEBENTURE 5.25% 2013 / 20,000
BARBADOS GOVERNMENT DEBENTURE 6.625% 2020 / 2,000
BARBADOS GOVERNMENT T/NOTE 4.25% 2013 / 1,000
BARBADOS GOVERNMENT T/NOTE 6% 2016 / 1,000
INDICES
TODAY'S TRADING / LAST TRADING / CHANGES
December 16, 2011 / December 9, 2011
Local / 3,291.23 / 3,291.23 / -
Cross-list / 1,158.24 / 1,158.24 / -
Composite / 729.13 / 729.13 / -
MARKET CAPITALISATION (in millions)
TODAY'S TRADING / LAST TRADING / CHANGES
December 16, 2011 / December 9, 2011
Local / 9,508.99 / 9,508.99 / -
Cross-list / 1,913.37 / 1,913.37 / -
Composite / 11,430.31 / 11,430.31 / -
BARBADOS STOCK EXCHANGE INC.
8th Avenue, Belleville, ST. MICHAEL. BARBADOS. / TEL:436-9871/72 FAX 429-8942
Advancers/ Decliners for the Week Ending : / December 16th, 2011 / 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
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 / 11.25.2011 / - / 3.29 / 3.29 / - / - / -
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 / 12.02.2011 / - / 4.60 / 4.60 / - / - / -
FirstCaribbean International Bank / 10.28.2011 / - / 3.13 / 3.13 / - / - / -
Fortress Caribbean Property Fund / 12.09.2011 / - / 1.00 / 1.00 / - / - / -
Goddard Enterprises Ltd. / 12.06.2011 / - / 6.00 / 6.00 / - / - / -
Insurance Corporation of B'dos / 10.07.2011 / - / 2.99 / 2.99 / - / - / -
Jamaica Money Market Brokers / 10.24.2011 / - / 0.10 / 0.10 / - / - / -
Light & Power Holdings / 11.28.2011 / - / 25.70 / 25.70 / - / - / -
Neal & Massy / 11.17.2011 / - / 13.60 / 13.60 / - / - / -
One Caribbean Media Limited / 10.07.2011 / - / 3.20 / 3.20 / - / - / -
Sagicor Financial Corp. / 11.21.2011 / - / 2.87 / 2.87 / - / - / -
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 / -
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