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Posted: Wednesday 15 February, 2012 at 9:36 AM

ECSE daily news report:14th.FEB. 2012

Press Release (ECSE)

    BASSETERRE St.Kitts, February 15th, 2012  -- Welcome to the Eastern Caribbean Securities Exchange’s daily update for 14 February 2012 providing the latest trading information and financial tips for the investor. On the Eastern Caribbean Securities Market today, 406 Dominica Electricity Services Ltd shares traded at $3.00 per share, holding firm on its previous market close.

     

    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 …...................................................................................................….. $1.50

     

    And today's financial tip:
    Why do public companies produce an Annual Report?
    Public companies are legally required to report their financial results on an annual basis. This report, known as an Annual Report, includes the balance sheet, income statement, cash flow statement, description of company operations and comments on the company’s future prospects.

     

    The purpose of this requirement is to ensure that the company’s Board of Directors and senior managers are held accountable to shareholders for their management of the company.

     

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

     

     

     

     

     

     

     

     

     

     

     

     

     

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