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Posted: Tuesday 18 February, 2014 at 8:38 AM

ECSE Daily News Report (Feb.17th, 2014)

By: ECSE, Press Release

    BASSETERRE St. Kitts, February 18th, 2013  --  Welcome to the Eastern Caribbean Securities Exchange’s daily update for 17 February 2014 providing the latest trading information and financial tips for the investor. There were no trades on the Eastern Caribbean Securities Market today.

     

    Here are the latest closing prices for the equities listed on the ECSE:
     
    The Bank of Nevis Limited …...................................................….. $2.50
     
    Cable & Wireless St Kitts & Nevis Limited …............................….. $4.15
     
    Dominica Electricity Services .…...............................................…. $4.00
     
    East Caribbean Financial Holding Company ……............................. $7.00
     
    FirstCaribbean International Bank ……............................................ $6.00
     
    Grenada Electricity Services Limited …....................................….. $11.00
     
    Grenreal Property Corporation Limited ……...................................... $5.40
     
    Republic Bank (Grenada) Limited ….........................................….. $45.50
     
    St Kitts Nevis Anguilla National Bank ……....................................... $2.23
     
    St Lucia Electricity Services …….................................................. $25.00
     
    S. L. Horsford & Company …....................................................….. $1.80
     
    Trinidad Cement Limited ….......................................................….. $3.40
     
    TDC …....................................................................................….. $1.49
     
    And today's financial tip:
     
    What do we mean by dematerialization?
     
    Dematerialization means a non-material or un-certificated environment. This means that investors will no longer need to hold certificates to confirm proof of ownership. Once you buy shares, you will not be given a certificate but a letter showing confirmation of the proof of ownership. Your shares will be held in electronic form at the Eastern Caribbean Central Securities Registry Ltd. (ECCSR), a subsidiary of the ECSE.
     
    Join us next time for the Eastern Caribbean Securities Exchange trading report.
     
     
     
     
     
     
     
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