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Posted: Friday 15 August, 2014 at 10:57 AM

ECSE Daily News Report: August 14th, 2014

By: ECSE, Press Release

    BASSETERRE St. Kitts, August 15th, 2014  --  Welcome to the Eastern Caribbean Securities Exchange’s daily update for 14 August 2014 providing the latest trading information and financial tips for the investor.

     

    There were no trades on the Eastern Caribbean Securities Market today.
     
    On the Regional Government Securities Market, the Government of Grenada’s 91-day Treasury bill auctioned on the ECSE’s primary market platform raised $20.0 million. The competitive uniform price methodology used, resulted in a discount rate of 6.0%.
     
    Here are the latest closing prices for the equities listed on the ECSE:
     
    The Bank of Nevis Limited …...................................................….. $2.40
     
    Cable & Wireless St Kitts & Nevis Limited …….............................. $4.10
     
    Dominica Electricity Services Limited .…...................................…. $4.00
     
    East Caribbean Financial Holding Company Ltd ……....................... $6.00
     
    FirstCaribbean International Bank ……........................................... $6.00
     
    Grenada Electricity Services Limited …...................................….. $10.00
     
    Grenreal Property Corporation Limited ……..................................... $5.40
     
    Republic Bank (Grenada) Limited …….. ........................................$45.00
     
    St Kitts Nevis Anguilla National Bank Limited ……........................... $2.20
     
    St Lucia Electricity Services Limited ……...................................... $24.00
     
    S. L. Horsford & Company Limited ……........................................... $1.80
     
    Trinidad Cement Limited …….......................................................... $3.40
     
    TDC ….....................................................................................….. $1.50
     
    And today's financial tip:
     
    When is a commitment made?
     
    In financial markets, a trader is said to have a commitment when he assumes the obligation to accept or make delivery on a futures contract.
     
    Join us next time for the Eastern Caribbean Securities Exchange trading report.



     
     
     
     
     
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