CFAL weekly market RECAP

Trading activity in the local securities market moderately improved as a total volume of 42,655 shares changed hands, amassing a value of $342,748.65. Notwithstanding the increase in trading volume, The BISX All Share Index lost ground this week closing down 6.96 points or 0.385 percent to 1,799.27. Year to date the index extended losses by 267.48 points or 12.94 percent. Six of the nineteen exchange listed companies saw trading activity, ending the week with three price retractions.

Consolidated Water Company BDRs (CWCB) was the chief decliner, retracting $0.69 or 24.82 percent to close at $2.09. FirstCaribbean International Bank decreased $0.10 or 0.86 percent ending the week at $11.50. Doctors Hospital (DHS) rounded out the laggards closing down $0.01 or 0.38 percent to settle at $2.65.

For the a consecutive week, Commonwealth Bank Limited (CBL) traded the highest volume and value this week as twenty-four trades of 22,151 shares crossed the exchange to accumulate a value of $161,702.30.

COMPANY UPDATES & CORPORATE ACTIONS:

* On November 28, 2008, the Board of Directors of Commonwealth Bank Limited (CBL) will pay an extraordinary dividend of $0.05 to all

shareholders of record November 20, 2008.

* The Board of Directors of Bank of the Bahamas International (BOB) announced a dividend payment of $0.16 to shareholders of record

November 17, 2008 to be paid on November 25, 2008.

INTERNATIONAL MARKET OVERVIEW: November 10th, 2008 – November 14th, 2008

US stocks continued to reflect the current state of the economy this week, as the Dow Jones Industrial Average surrendered 446.50 points or 4.99 percent to end the week at 8,497.31. The S&P 500 shed 57.70 points or 6.20 percent this week settling at 873.29 while the NASDAQ Composite Index retracted 130.55 points or 7.92 percent to 1,516.85. In the Euro zone, the Dow Jones Stoxx 50 regressed 144.23 points or 5.54 percent to close at 2,458.31. The Nikkei 225 lost 120.61 points or 1.41 percent to

8,462.39 while the FTSE 100 closed down 131.99 points or 3.02 percent to 4,232.97. In the commodity market Crude Oil continued to lose ground slipping $4.33 or 7.08 percent to $56.81 per barrel. Conversely, Gold continued to advance, gaining $5.42 or 0.74 percent to end the week at $742.45 per ounce.

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