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Posted: Wednesday 7 March, 2012 at 9:52 AM

ECSE daily news report : March 6th, 2012

Press Release (ECSE)

    BASSETERRE St. Kitts, March 7th, 2012  -- Welcome to the Eastern Caribbean Securities Exchange’s daily update for 6 March 2012 providing the latest trading information and financial tips for the investor. On the Eastern Caribbean Securities Market today, 10,000 TDC shares crossed the market.

     

    Here are the latest closing prices for the equities listed on the ECSE:
    The Bank of Nevis Limited ……............................................................... $5.75
    Cable & Wireless St Kitts & Nevis Limited …..................................….. $5.50
    Dominica Electricity Services .…........................................................…. $3.00
    East Caribbean Financial Holding Company ….............................….. $11.20
    FirstCaribbean International Bank ……................................................... $5.50
    Grenada Electricity Services Limited …..........................................….. $11.00
    Grenreal Property Corporation Limited ….........................................….. $5.40
    Republic Bank (Grenada) Limited ……................................................. $55.00
    St Kitts Nevis Anguilla National Bank …............................................….. $2.47
    St Lucia Electricity Services …........................................................….. $12.50
    S. L. Horsford & Company ….............................................................….. $1.80
    Trinidad Cement Limited …................................................................….. $3.40
    TDC ……..................................................................................................... $1.50

     

    And today's financial tip:
    What is meant by initial public offering?

     

    The primary or first issue of an organisation’s securities to the public is known as an initial public offering. All members of the community eighteen year and older, with money to invest can participate in an initial public offering.

     

    Join us next time for the Eastern Caribbean Securities Exchange trading report.

     

     

     

     

     

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