Barbados Stock Exchange Report For 1st Half 2008

The first six months of 2008 was characterized by a 50% decline in trading volume coupled with a marginal increase in value traded. In analyzing the performance of the market over the period it is necessary to take into account the impact which take-over transactions have had over this period. In 2007, the CIBC Investments (Cayman) Limited take-over of FirstCaribbean International Bank accounted for 129,828,740 of the total share volume (91%) and $424,539,980 of the value traded (90%). By comparison in 2008 the take-over transactions of Barbados Farms Limited and Barbados Shipping & Trading and Company Limited collectively accounted for 55,930,449 (79%) of the total volume and $419,840,608.00 (85%) of the total value of the shares traded.

Click here to download the 1st Half Report for 2008.