BUSINESS: ECSE Trading Report

Summary trading report for the week ending Friday, 6 December 2013
On the Eastern Caribbean Securities Market this week the following securities traded:
• 936 East Caribbean Financial Holding Company Ltd shares traded at $7.37 per share,
• 1,050 Grenada Electricity Services Limited shares traded at $11.00 per share,
• 100 Republic Bank (Grenada) Limited shares traded at $45.50 per share, down $7.00 or
13.33% on its last traded price,
• 1,600 St Lucia Electricity Services Limited shares traded at $25.00 per share and
• 44 East Caribbean Financial Holding Company Ltd shares traded odd lot at a price of
$7.37 per share.
Regional Government Securities Market (RGSM) On the Regional Government Securities Market, the Government of Antigua and Barbuda’s 180-day Treasury bill auctioned on the ECSE’s primary market platform raised $9.4 million. The competitive uniform price methodology used, resulted in a discount rate of 6.0%.
The next auction on the Regional Government Securities Market will be that of the Government of Dominica’s 91-day Treasury bill, which will take place on 12 December 2013 using the primary market platform of the Eastern Caribbean Securities Exchange. Bidding for this auction commences at 9:00 am and ends at 12:00 pm.
On the Eastern Caribbean Securities Market today, Friday Dec 6, 2013, 806 East Caribbean Financial Holding

Company shares traded at $7.37 per share, unchanged from its previous traded price and 44 East

Caribbean Financial Holding Company shares traded odd lot at a price of $7.37 per share.

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 …….. $4.24
Dominica Electricity Services .……. $4.00
East Caribbean Financial Holding Company …….. $7.37
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 …….. $2.20
St Lucia Electricity Services …….. $25.00
S. L. Horsford & Company …….. $1.80
Trinidad Cement Limited …….. $3.40
TDC …….. $1.50

And today’s financial tip:

What is currency risk?
Currency risk is the risk experienced by business operations or investments when exchange rates
change. For example, someone with investments in Jamaica would experience a loss if the
exchange rate of the Jamaican dollar decreased in value to the EC dollar. On the other hand, the
investor experiences a gain or profit if the exchange rate of the Jamaican dollar increased in
value to the EC dollar.

More information on the securities available for sale and other issues can be obtained at the ECSE’s website at www.ecseonline.com, or by contacting a broker dealer.

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

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