TRADING REPORT
September29, 2006
Onesecurity advanced, four declined and twotraded firmas 87,592shares crossed the floor on the Regular Market, with a total value of $389,726.24.Goddard Enterprises Limited was the volume leader trading 30,000shares at a high of $6.09 and a low of $6.00before closing at $6.00. They were followed bySagicor Financial Corporationand Barbados Shipping & Trading Limitedwhich traded20,000 and 10,000shares respectively.
Regular Market
Security / Volume / High/Low($) / Price ($) / Advance/
Decline
Goddard Enterprises Limited / 30,000 / 6.09/6.00 / 6.00
Sagicor Financial Corporation / 20,000 / 3.89
Barbados Shipping & Trading Limited / 10,000 / 5.65/ 5.64 / 5.65 / -0.03
FirstCaribbean International Bank / 9,080 / 3.90 / -0.05
Almond Resorts Inc. / 8,062 / 2.00 / -0.05
Barbados Farms Limited / 7,500 / 1.87 / -0.08
Cable & Wireless (Barbados) Limited / 2,950 / 2.75 / +0.13
Odd-Lot Market
The Odd-Lot Market traded a total volume of3,428shares.
Security / Volume / Price ($)Sagicor Financial Corporation / 2,000 / 3.89
Barbados National Bank Inc. / 700 / 6.80
Goddard Enterprises Limited / 680 / 6.00
Light & Power Holdings Limited / 48 / 10.13
Fixed-Income Market
Security / VolumeBarbados Government Debenture 5.875% 2018 / 10,000
Put-Through Market
Security / VolumeSagicor Financial Corporation / 829
INDICES
TODAY'S TRADING / LAST TRADING / CHANGES
September 29,2006 / September 27,2006
Local / 3,800.89 / 3,825.87 / (24.98)
Cross-list / 1,980.41 / 1,980.41 / -
Composite / 962.49 / 965.74 / (3.25)
MARKET CAPITALISATION (in millions)
TODAY'S TRADING / LAST TRADING / CHANGES
September 29,2006 / September 27,2006
Local / 10,241.61 / 10,308.93 / (67.32)
Cross-list / 10,242.80 / 10,242.80 / -
Composite / 20,484.41 / 20,551.73 / (67.32)
MUTUAL FUNDS
September 29, 2006ENDED / NAME OF FUND / NAV / OFFER / BID / NAV CHANGE
22-Sep-06 / BNB CAPITAL GROWTH FUND / w / 1.12 / 0.00
22-Sep-06 / BNB INCOME FUND / w / 1.22 / 0.00
22-Sep-06 / BNB PROPERTY FUND / m / 1.68 / 0.00
15-Sep-06 / CLICO BALANCED FUND INC. / w / 1.17 / 0.00
22-Sep-06 / FORTRESS CARIBBEAN GROWTH FUND / w / 4.04 / 4.12 / 4.04 / 0.02
22-Sep-06 / FORTRESS HIGH INTEREST FUND - ACC. / w / 1.3147 / 0.0028
22-Sep-06 / FORTRESS HIGH INTEREST FUND - DIST. / w / 1.0332 / 0.0011
31-Aug-06 / ROYBAR INVESTMENT CORP. BDS$ / m / 15.15 / 15.15 / 14.85 / -0.11
29-Sep-06 / THE SAGICOR GLOBAL BALANCED FUND / w / 1.98 / -0.02
29-Sep-06 / SAGICOR SELECT GROWTH FUND / w / 1.03 / -0.01
29-Sep-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 – BNB Finance and Trust would like to announce a put-through of 3,000 shares in Insurance Corporation of Barbados Limited at $3.80 set to take place on October 3, 2006.
ANNUAL GENERAL MEETING
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.
Jamaica Money Market Brokers Limited- Notice is given of the Annual General Meeting of the Company to be held at the Blue Mountain Suite of the KnutsfordCourtHotel, Kingston 5 Jamaica on October 5th 2006 at 10am.
DIVIDEND DECLARATION
Courts Barbados Limited: Directors have declared an interim dividend of five cents per share to shareholders on record at close of business onSeptember 30th 2006.
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 September 29, 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. / 8,062 / 2.05 / 2.00 / -0.05 / 2.00 / 2.16 / 1,938 / 5,000
Banks Holdings / 09.29.2006 / 3.80 / 3.80 / 3.80 / 3.95 / 3,500 / 1,000
B'dos Dairy Ind. / 07.28.2004 / 7.50 / 7.50 / 7.40 / 7,690
B'dos Farms / 7,500 / 1.95 / 1.87 / -0.08 / 1.86 / 50,000
B'dos National Bank Inc. / 09.05.2006 / 6.80 / 6.80 / 6.80 / 8,800
B'dos Shipping & Trading / 10,000 / 5.65 / 5.64 / 5.68 / 5.65 / -0.03 / 5.60 / 5.65 / 2,000 / 6,786
Bico / 09.22.2006 / 1.80 / 1.80
BWIA (suspended) / 11.14.2003 / 2.50 / 2.50
C&W BARBADOS / 2,950 / 2.62 / 2.75 / 0.13 / 2.45 / 2.75 / 10,000 / 7,050
Cave Shepherd / 09.20.2006 / 6.99 / 6.99 / 6.98 / 2,000
FirstCaribbean International Bank / 9,080 / 3.95 / 3.90 / -0.05 / 3.56 / 3.90 / 12,000 / 66,179
Courts / x / 09.22.2006 / 4.50 / 4.50 / 4.05 / 4.50 / 1,000 / 14,300
Fortress Caribbean Property Fund / x / 08.22.2006 / 1.45 / 1.45 / 1.40 / 1.50 / 10,000 / 2,300
Goddard Enterprises Ltd. / 30,000 / 6.09 / 6.00 / 6.00 / 6.00 / 6.08 / 8,922
GraceKennedy / 08.30.2006 / 1.80 / 1.80 / 1.80 / 8,540
Insurance Corporation of B'dos / 09.27.2006 / 3.80 / 3.80 / 3.50 / 3.85 / 20,000 / 16,717
Jamaica Money Market Brokers Limited / 05.23.2006 / 0.55 / 0.55 / 0.50 / 1,000
Light & Power Holdings / 09.01.2006 / 10.13 / 10.13
ANSA McAL (Barbados) Ltd. / 09.29.2006 / 24.60 / 24.60 / 24.60 / 4,750
Neal & Massy / 09.21.2005 / 15.72 / 15.72
RBTT Fin. Holdings Ltd. / 09.12.2006 / 10.00 / 10.00 / 9.88 / 10.85 / 5,000 / 6,000
Sagicor Financial Corp. / 20,000 / 3.89 / 3.89 / 3.60 / 3.89 / 11,068 / 1,194
The West Indies Rum Distillery Limited / 09.23.2005 / 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. / 07.01.2005 / 8.35 / 8.35 / 7.52 / 8.34 / 8,000 / 4,559
PREFERRED
LPH 5.5% / 11.25.2003 / 3.00 / 3.00 / 3.10 / 3,000
TOTAL SHARES BOUGHT & SOLD / 87,592
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 / 82.50 / 7,000
BG Deb 5.25% 2013
BG Deb 5.875% 2018 / 10,000 / 82.50
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
BG Deb. 8.0% 2011 / 100.00 / 100,000
BG Deb. 8.0% 2012 / 100.00 / 100,000
BG Deb 8.25% 2008
BG Deb 8.5% 2008 / 105.00 / 20,000
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 9.25% 2008
BG T/N 4.25% 2013
BG T/N 4.75% 2010 / 91.00 / 40,000
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 / 107.00 / 1,000
NHC 7.5% 2009
NHC 7.75% 2010
ODD LOT MARKET / BID / ASK / BID / ASK
Almond Resorts Inc. / 08.08.2006 / 1.97 / 2.00 / 2.09 / 100 / 500
Banks Holdings / 08.29.2006 / 3.80 / 3.75 / 4.00 / 828 / 816
B'dos Dairy Ind. / 03.07.2006 / 7.50 / 7.49 / 500
B'dos Farms / 07.28.2006 / 1.80 / 1.76 / 1.80 / 350 / 2
B'dos National Bank Inc. / 700 / 6.75 / 6.80 / 6.80 / 75
B'dos Shipping & Trading / 09.13.2006 / 5.30 / 5.30 / 520
Bico / 08.02.2006 / 1.80 / 1.80 / 440
BWIA (suspended) / 09.15.2004
C&W BARBADOS / 08.08.2006 / 2.03 / 2.40 / 415
Cave Shepherd / 08.11.2006 / 6.80 / 7.00 / 2,023
FirstCaribbean International Bank / 08.25.2006 / 3.95 / 3.95 / 486
Courts / 12.28.2005 / 4.40 / 4.40 / 524
Fortress Caribbean Property Fund / 09.22.2006 / 1.50
Goddard Enterprises Ltd. / 680 / 6.20 / 6.00 / 6.20 / 757
GraceKennedy / 07.07.2006 / 2.30
Insurance Corporation of B'dos / 09.27.2006 / 3.80 / 3.59 / 3.80 / 95 / 1,103
Jamaica Money Market Brokers / 06.27.2006 / 0.53 / 0.53 / 800
Light & Power Holdings / 48 / 11.00 / 10.13 / 10.13 / 552
ANSA McAL (Barbados) Ltd. / 06.21.2006 / 21.00 / 22.50 / 11
Neal & Massy / 04.04.2005 / 15.72 / 15.72 / 715
RBTT Fin. Holdings Ltd. / 06.13.2006 / 9.88 / 9.88 / 124
Sagicor Financial Corp. / 2,000 / 3.89 / 3.89 / 3.89 / 3,458
The West Indies Rum Distillery Limited / 08.02.2006 / 9.00 / 8.19 / 27
Trinidad Cement Ltd / 08.09.2006 / 2.90
West India Biscuit Co. / 07.27.2005 / 8.35 / 8.35 / 150
LPH5.5% / 09.19.2006 / 3.10 / 3.10 / 895
TOTAL SHARES BOUGHT & SOLD / 3,428
X = Security is Trading X-Div
Week in Review
This week, the Regular Market traded a total volume of188,037shares. The top three traded companies were Goddard Enterprises Limited with 80,000 shares, Sagicor Financial Corporation with 42,348 shares and Barbados Farms Limited with15,936shares.
Regular Market
Security / VolumeGoddard Enterprises Limited / 80,000
Sagicor Financial Corporation / 42,348
Barbados Farms Limited / 15,936
Almond Resorts Inc. / 15,062
Barbados Shipping & Trading Limited / 10,000
FirstCaribbean International Bank / 9,080
Cable & Wireless (Barbados) Limited / 8,890
Insurance Corporation of Barbados Limited / 3,831
Banks Holdings Limited / 1,640
ANSA McAL (Barbados) Limited / 1,250
On the Odd-Lot Market this week 7,034 shares traded.
Odd-Lot Market
Security / VolumeSagicor Financial Corporation / 5,322
Goddard Enterprises Limited / 798
Barbados National Bank Inc. / 700
Insurance Corporation of Barbados Limited / 166
Light & Power Holdings Limited / 48
Fixed-Income Market
Security / VolumeBarbados Government Debenture 5.875% 2018 / 10,000
Put-Through Market
Security / VolumeSagicor Financial Corporation / 829
INDICES
TODAY'S TRADING / LAST TRADING / CHANGES
September 29,2006 / September 22,2006
Local / 3,800.89 / 3,828.15 / (27.26)
Cross-list / 1,980.41 / 1,980.41 / -
Composite / 962.49 / 966.04 / (3.55)
MARKET CAPITALISATION (in millions)
TODAY'S TRADING / LAST TRADING / CHANGES
September 29,2006 / September 22,2006
Local / 10,241.61 / 10,315.10 / (73.49)
Cross-list / 10,242.80 / 10,242.80 / -
Composite / 20,484.41 / 20,557.90 / (73.49)
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 : / September 29,2006 / 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. / 09.29.2006 / 15,062 / 2.05 / 2.00 / (0.05) / 2.05 / 2.00
Banks Holdings / 09.29.2006 / 1,640 / 3.72 / 3.80 / 0.08 / 3.80 / 3.80
B'dos Dairy Ind. / 07.28.2004 / - / 7.50 / 7.50 / - / - / -
B'dos Farms / 09.29.2006 / 15,936 / 1.81 / 1.87 / 0.06 / 1.95 / 1.87
B'dos National Bank Inc. / 09.05.2006 / - / 6.80 / 6.80 / - / - / -
B'dos Shipping & Trading / 09.29.2006 / 10,000 / 5.68 / 5.65 / (0.03) / 5.65 / 5.64
Bico / 09.22.2006 / - / 1.80 / 1.80 / - / - / -
BWIA / 11.14.2003 / - / 2.50 / 2.50 / - / - / -
C&W BARBADOS / 09.29.2006 / 8,890 / 2.62 / 2.75 / 0.13 / 2.75 / 2.62
Cave Shepherd / 09.20.2006 / - / 6.99 / 6.99 / - / - / -
FirstCaribbean International Bank / 09.29.2006 / 9,080 / 3.95 / 3.90 / (0.05) / 3.90 / 3.90
Courts / 09.22.2006 / - / 4.50 / 4.50 / - / - / -
Fortress Caribbean Property Fund / 08.22.2006 / - / 1.45 / 1.45 / - / - / -
Goddard Enterprises Ltd. / 09.29.2006 / 80,000 / 6.20 / 6.00 / (0.20) / 6.09 / 6.00
GraceKennedy / 08.30.2006 / - / 1.80 / 1.80 / - / - / -
Insurance Corporation of B'dos / 09.27.2006 / 3,831 / 3.80 / 3.80 / - / 3.80 / 3.80
Jamaica Money Market Brokers / 05.23.2006 / - / 0.55 / 0.55 / - / - / -
Light & Power Holdings / 09.01.2006 / - / 10.13 / 10.13 / - / - / -
ANSA McAL (Barbados) Ltd. / 09.29.2006 / 1,250 / 24.45 / 24.60 / 0.15 / 24.60 / 24.60
Neal & Massy / 09.21.2005 / - / 15.72 / 15.72 / - / - / -
RBTT Fin. Holdings Ltd. / 09.12.2006 / - / 10.00 / 10.00 / - / - / -
Sagicor Financial Corp. / 09.29.2006 / 42,348 / 3.90 / 3.89 / (0.01) / 3.89 / 3.82
The West Indies Rum Distillery Limited / 09.23.2005 / - / 9.00 / 9.00 / - / - / -
Trinidad Cement Ltd / 06.27.2006 / - / 2.76 / 2.76 / - / - / -
West India Biscuit Co. / 07.01.2005 / - / 8.35 / 8.35 / - / - / -
PREFERRED
LPH 5.5% / 11.25.2003 / - / 3.00 / 3.00 / - / - / -
TOTAL SHARES BOUGHT & SOLD / 188,037