BASSETERRE St.Kitts December 23rd, 2011 -- Welcome to the Eastern Caribbean Securities Exchange daily update for 22 December 2011 providing the latest trading information and financial tips for the investor. On the Eastern Caribbean Securities Market today, 3,330 Dominica Electricity Services shares traded at $3.00 per share, unchanged from its previous traded price.
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 Hold..ing Company …….. $11.49
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 …................................….. $1.50
Trinidad Cement Limited …...................................….. $3.40
TDC …......................................................................….. $1.55
And today's financial tip:
How are securities traded on the ECSE?
The ECSE provides a primary and a secondary market for trading securities. In the primary market, a public company or government sells its securities for the first time to investors to raise capital to support its operations. The funds generated from this sale of securities go to the issuer. In the secondary market, investors buy and sell securities among themselves.
The proceeds from this trading activity go to the investors, not back to the original issuer. Join us next time for the Eastern Caribbean Securities Exchange trading report.
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