New blow to BSE

With local share prices on the slide and the number of traded shares falling by almost 12 per cent last year, the Barbados Stock Exchange (BSE) is about to be dealt a double blow – one of which is likely to come at month-end.Barbados Dairy Industries Limited, trading as Pine Hill Dairy, has called a special meeting of its shareholders for May 27 at which it wants them to vote on a resolution to delist from the BSE.Well-informed sources stated that a local conglomerate was also on the verge of seeking to delist from the BSE. (Read this week’s Business Authority for the full story.)