BASSETERRE St. Kitts, March 9th 2012 - Welcome to the Eastern Caribbean Securities Exchange’s daily update for 8 March 2012

providing the latest trading information and financial tips for the investor.

On the Eastern Caribbean Securities Market today, 208 East Caribbean Financial Holding Co Ltd shares traded at $11.20 per share, unchanged from its previous market close; also 33 East Caribbean Financial Holding Co Ltd shares traded odd lot at a price of $11.20 per share; and, 2,205 St Kitts Nevis Anguilla National Bank Ltd shares traded at a low of $2.40 and at a high of $2.42, closing at $2.40 per share, a decrease of $0.09 or 3.6% from its previous market close; also 2,000 St Kitts Nevis Anguilla National Bank Ltd crossed the market.

Here are the latest closing prices for the equities listed on the ECSE:

The Bank of Nevis Limited …….. $5.62
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 …….. $2.40
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 organizations issue debt?

In order to obtain money for expansion and the development of goods and services organizations may raise money using a range of financial instruments for short, medium and long-term periods.

When an organisation issues debt its repayment conditions are usually more manageable than the repayment conditions offered by banks.

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

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