Jul 2014 Financial News

Sagicor the volume leader on the BSE

Jul 31, 2014

SAGICOR Financial Corporation was the most actively traded security on the Barbados market during the first quarter of this year.

The Barbados Stock Exchange report in trading for the three months January to March 2014, revealed that Sagicor stock accounted for about 31 per cent of the trades occurring in the three-month period.

The Insurance Corporation of Barbados Limited was the second most actively traded security accounting for nine per cent of the shares which crossed the floor of the Exchange in the three months.

Other companies making up the top five in terms of share volumes traded are Fortress Caribbean Property Fund Limited (Development Fund), Fortress Caribbean Property Fund Limited (Value Fund), and Banks Holdings Limited.

The top five in relation to value for stock traded are Light and Power Holdings Limited, Sagicor Financial Corporation, One Caribbean Media, Banks Holdings Limited, and Goddard Enterprises Limited.

Earlier this week the BSE said that a total of 2.09 million shares, comprising 1.2 million on the Regular market and 895 000 on the Put Through market, were traded for a value of $6.4 million.

The BSE said there was no trading activity recorded for the Junior or Block Trade Markets for the quarter, although the Put Through Market recorded an increase of 67 per cent in terms of volume and a nine per cent dip in relation value.

Source:
Barbados Advocate
Thursday July 31, 2014

http://www.barbadosadvocate.com/newsitem.asp?more=business&NewsID=37863