BASSETERRE St. Kitts, February 6th, 2012 -- Welcome to the Eastern Caribbean Securities Exchange’s daily update for 2 February 2012 providing the latest trading information and financial tips for the investor. On the Eastern Caribbean Securities Market today, 500 St Kitts Nevis Anguilla National Bank Ltd shares traded at $2.42 per share, an increase of $0.07 or 2.98% on it previous market close; 40 Cable & Wireless St Kitts & Nevis Ltd shares traded odd lot at a price of $5.58 per share; 45 Grenada Electricity Services Ltd shares also traded odd lot at a price of $11.00 per share and 228,000 units of the Grenada Electricity Services Ltd bond, trading symbol GES191217, traded at 7.00%.
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 ……................................... $5.58
Dominica Electricity Services .….......................................................…. $3.00
East Caribbean Financial Holding Company ……............................. $11.30
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 …...........................................….. $2.42
St Lucia Electricity Services …........................................................….. $12.50
S. L. Horsford & Company .................................................................….. $1.80
Trinidad Cement Limited …….................................................................. $3.40
TDC …...................................................................................................….. $1.55
And today's financial tip:
What is a stock option plan?
This is an arrangement within a company whereby employees are allowed to buy a specific number of shares in the company at a specified time in the future. The price at which shares are bought under a stock option plan is usually the market price at the time that the options were given.
Join us next time for the Eastern Caribbean Securities Exchange trading report.
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