TRADING REPORT

November 18, 2014

Two securities traded firm as 1,298 shares traded on the Regular Market, with a total value of $4,131.02. Sagicor Financial Corporation was the volume leader trading 1,000 shares at $1.75 before closing firm at $1.80. They were followed by The West Indies Rum Distilleries Limited which traded 298 shares.

Regular Market

Security / Volume / High / Low / Market
Price / Advance/
Decline
Sagicor Financial Corporation / 1,000 / $1.75 / $1.75 / $1.80 / $0.00
The West Indies Rum Distilleries Limited / 298 / $7.99 / $7.99 / $8.00 / $0.00

Put Through Market

Security / Volume / Market
Price
GODDARD ENTERPRISES LIMITED / 65,000 / $6.40

Effective October 8th, 2012, the market price of a security listed on the board of the BSE will only change if a quantity of shares traded (in a single trade) is greater than or equal to the threshold amount (volume limit) as stated in the table below.

SECURITY / VOLUME LIMIT / SECURITY / VOLUME LIMIT /
ABV INVESTMENTS INCORPORATED / 3,500 / LIGHT & POWER HOLDINGS LIMITED 5.5% Pref / 100
BANKS HOLDINGS LIMITED / 4,000 / SAGICOR FINANCIAL CORPORATION 6.5% Pref / 7,500
B'DOS DAIRY INDUSTRIES LIMITED / 300 / SAGICOR FINANCIAL CORPORATION / 10,000
B'DOS FARMS LIMITED / 1,500 / THE WEST INDIES RUM DISTILLERY LIMITED / 300
BICO INDUSTRIES LIMITED / 100 / WEST INDIA BISCUIT COMPANY LIMITED / 300
CABLE & WIRELESS (BARBADOS) LIMITED / 9,000 / JAMAICA MONEY MARKET BROKERS LIMITED / 10,000
CAVE SHEPHERD & COMPANY LIMITED / 1,500 / MASSY HOLDINGS LIMITED / 6,500
FIRSTCARIBBEAN INTERNATIONAL LIMITED / 10,000 / ONE CARIBBEAN MEDIA LIMITED / 4,000
FORTRESS CARIBBEAN PROPERTY - DEV FUND / 3,500 / TRINIDAD CEMENT LIMITED / 10,000
FORTRESS CARIBBEAN PROPERTY - VALUE FUND / 3,500 / ROYAL FIDELITY TIGRS A FUND / 100
GODDARD ENTERPRISES LIMITED / 3,500 / ROYAL FIDELITY TIGRS A1 FUND / 100
INSURANCE CORPORATION OF BARBADOS LIMITED / 2,500 / ROYAL FIDELITY TIGRS A2 FUND / 100
LIGHT & POWER HOLDINGS LIMITED / 1,000 / ROYAL FIDELITY TIGRS A3 FUND / 100


INDICES

INDEX / TODAY'S TRADING / LAST TRADING / CHANGES
November 18, 2014 / November 17, 2014
Local / 2,136.21 / 2,136.21 / -
Cross-list / 1,706.54 / 1,706.54 / -
Composite / 611.03 / 611.03 / -
MARKET CAPITALISATION (in millions) / TODAY'S TRADING / LAST TRADING / CHANGES
November 18, 2014 / November 17, 2014
Local / 5,364.64 / 5,364.64 / -
Cross-list / 2,848.07 / 2,848.07 / -
Composite / 8,212.71 / 8,212.71 / -

MUTUAL FUNDS

November 18, 2014
ENDED / NAME OF FUND / NAV / OFFER / BID / NAV CHANGE
14-Nov-14 / REPUBLIC CAPITAL GROWTH FUND / w / 1.5045 / 0.0048
14-Nov-14 / REPUBLIC INCOME FUND -* / w / 1.4736 / 0.0013
14-Nov-14 / REPUBLIC PROPERTY FUND / w / 1.2663 / 0.0000
13-Nov-14 / CLICO BALANCED FUND INC. / w / 1.297 / 0.0020
07-Nov-14 / FORTRESS CARIBBEAN GROWTH FUND / w / 4.8133 / 4.8133 / 4.8133 / 0.0373
07-Nov-14 / FORTRESS HIGH INTEREST FUND - ACC. / w / 1.8441 / 0.0016
07-Nov-14 / FORTRESS HIGH INTEREST FUND - DIST. / w / 1.0040 / 0.0009
31-Oct-14 / ROYAL FIDELITY SELECT BALANCED FUND / m / 4.6667 / 4.6667 / 4.5734 / 0.0136
31-Oct-14 / ROYAL FIDELITY STRATEGIC GROWTH FUND / m / 0.8273 / 0.8273 / 0.8107 / -0.0001
31-Oct-14 / ROYAL FIDELITY PREMIUM INCOME FUND / m / 1.4099 / 1.4099 / 1.3817 / 0.0062
14-Nov-14 / SAGICOR GLOBAL BALANCED FUND / w / 2.28 / 0.00
14-Nov-14 / SAGICOR SELECT GROWTH FUND / w / 1.29 / 0.01
14-Nov-14 / 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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DIVIDEND DECLARATION

Light and Power Holdings Limited - Directors have declared an interim dividend of fourteen (14) cents per share to be paid on December 15th, 2014 to Shareholders on record at close of business on November 23rd, 2014.

Light and Power Holdings Limited 5.5% Pref - Directors have declared a dividend of thirteen point seven five (13.75 cents per share to be paid on December 31st, 2014 to Shareholders on record at close of business on November 23rd, 2014.

Jamaica Money Market Brokers Limited - Directors have declared an interim dividend of sixteen (16) JMD cents per share to be paid on December 16th, 2014 to Shareholders on record at close of business on November 21st, 2014.

Barbados Dairy Industries Limited - Notice is hereby given that the Board of Directors of Barbados Dairy Industries Limited ("the Company") decided, after due consideration, not to pay a dividend on the outstanding shares in the capital of the Company for the financial year ended August 31st, 2014.

8th Avenue Belleville, ST. MICHAEL. BARBADOS. TEL:436-9871/72 FAX 429-8942 website: www.bse.com.bb /
SHARE SUMMARY INFORMATION /
Tuesday November 18, 2014 /
Company / Last Trade Date / Volume / High / Low / Last Close / Current Close / Price Change / Bid Price / Ask Price / Bid Size / Ask Size /
ABV Investments Inc. / 20-Oct-14 / $0.32 / $0.32 / $0.02 / $0.30 / 100,000 / 10,000
BICO Limited / 03-Oct-14 / $1.65 / $1.65 / $1.60 / 1,000
Banks Holdings Ltd. / 06-Nov-14 / $2.90 / $2.90 / $2.88 / 3,000
Barbados Dairy Industries Ltd. / 21-Aug-14 / $1.50 / $1.50 / $1.60 / 803
Barbados Farms Ltd. / 12-Nov-14 / $0.51 / $0.51 / $0.25 / $0.50 / 20,000 / 12,299
Cable and Wireless Barbados Ltd. / 17-Nov-14 / $3.00 / $3.00 / $2.55 / $2.60 / 4 / 4,161
Cave Shepherd and Co. Ltd. / 14-Oct-14 / $2.51 / $2.51 / $2.75 / $3.68 / 10,000 / 4,000
FirstCaribbean International Bank / 12-Nov-14 / $1.80 / $1.80 / $1.80 / $2.38 / 500 / 1,298
Fortress Caribbean Property Fund - Dev Fund / 22-Oct-14 / $0.22 / $0.22 / $0.17 / $0.22 / 10,000 / 16,666
Fortress Caribbean Property Fund - Value Fund / 05-Nov-14 / $0.55 / $0.55 / $0.46 / $0.50 / 1,000 / 9,994
Goddard Enterprises Ltd. / 17-Nov-14 / $6.40 / $6.40 / $6.31 / 21,907
Insurance Corporation Of Barbados Ltd. / 11-Nov-14 / $2.41 / $2.41 / $2.40 / $2.41 / 1,400 / 3,018
Jamaica Money Market Brokers Limited / 05-Nov-14 / $0.15 / $0.15 / $0.10 / $0.30 / 5,000 / 4,550
Light and Power Holdings Ltd 5.5% Pref / 27-May-14 / $3.11 / $3.11 / $3.11 / 1,728
Light and Power Holdings Ltd. / 15-Sep-14 / $25.70 / $25.70 / $25.70 / 100
Massy Holdings Ltd. / 29-Oct-14 / $20.00 / $20.00 / $20.00 / 100
One Caribbean Media Limited / 03-Sep-14 / $6.20 / $6.20 / $6.72 / 4,400
Sagicor Financial Corporation Pref 6.5% / 05-May-14 / $2.26 / $2.26 / $2.26 / 1,589
Sagicor Financial Corporation / 18-Nov-14 / 1,000 / $1.75 / $1.75 / $1.80 / $1.80 / $0.00 / $1.70 / $1.80 / 4,075 / 21,320
The West Indies Rum Distilleries Ltd. / 18-Nov-14 / 298 / $7.99 / $7.99 / $8.00 / $8.00 / $0.00 / $8.00 / 4,870
Trinidad Cement Ltd. / 21-Aug-14 / $0.80 / $0.80 / $2.00 / 1,100
West India Biscuit Co. Ltd. / 26-Aug-14 / $10.46 / $10.46 / $12.00 / 804
TOTAL SHARES BOUGHT & SOLD / 1,298
Junior Market
Royal Fidelity TIGRS A Fund / 21-May-12 / $10.50 / $10.50 / $10.50 / 100
Royal Fidelity TIGRS A1 Fund / $10.00 / $10.00 / $10.50 / 100
Royal Fidelity TIGRS A2 Fund / $10.00 / $10.00 / $10.50 / 100
Royal Fidelity TIGRS A3 Fund / 18-Dec-13 / $10.00 / $10.00 / $10.50 / 100
TOTAL SHARES BOUGHT & SOLD / -
Fixed Income
Barbados Government Debenture 4.75% 2016 / 29-Aug-14 / $101.50 / 15,000
Barbados Government Debenture 7% 2023 / 21-Oct-14 / $95.00 / $98.00 / 10,000 / 72,000
Barbados Government Debenture 7.25% 2028 / 20-Oct-14 / $100.00 / 105,000
Barbados Government Debenture 7.75% 2025 / 16-Sep-14 / $107.00 / 43,000
TOTAL SHARES BOUGHT & SOLD / -
* = Security is Trading X-Div
*+* = Security is Suspended
** = Rights Issued