EASTERN
CARIBBEAN
Approximately 19000 shares changed ownership on the
ECSE. This resulted from trading in 5 equity securities,
of which 3 advanced while 2 declined. S L Horsford was
the lead advancer trading-up 25 cents to close at $2.00,
an increase of 14.3%. And Dominica Electricity Services
led the decliners, trading down 5 cents to close the
week at $1.95, representing a decline of 1.7%.
On the Regional Government
Securities Market, the Government of St. Vincent auctioned
91-day Treasury bill issue in the sum of EC$20 million
on February 10, 2010. The maximum discount rate for
the Treasury bill was 5.82% and the minimum bid amount
to participate in the auction was $5,000.
In other news, CMMB
extended an invitation to the general investing public
to attend its Market Outlook Seminar at the NIC conference
room from 9-11 am on Tuesday 9th February 2010. The
seminar focused on recent economic trends and significant
events with implications for our economies as well
as projected market outlook for fixed income and equities
in each of these different markets. Register free
by emailing seminars@mycmmb.com
TRINIDAD
On the TTSE, all the major 3 indices posted gains
as advancers' outnumbered decliners, 10 to 2. Market
volume resulted from trading in 19 stocks, totaling
1.8 million units valued at over TT$28.9 million.
Trinidad Cement emerged volume leader, also advancing
by 13 cents to close at $3.85. National Flour Mills
was the lead advancer.
JAMAICA
Over in Jamaica all the major indices closed in negative
territory except the JSE Select which advanced by
8 points. Of the 35 stocks which traded, 13 advanced
, 13 declined, while 9 stocks remained unchanged as
overall market volume exceeded 10 million units valued
at over J$100 million. Jamaica Broilers led the advancers
while Capital & Credit Financial Group recorded
the largest decline.
BARBADOS
Activity picked-up on the Barbados Stock Exchange,
as over 100000 shares crossed the floor. This resulted
from trading in 8 securities. First Caribbean Bank
emerged volume leader and One Caribbean Media recorded
the largest price movement declining by 88 cents to
close at $3.10.
INTERNATIONAL
On the international front, US stocks fell for a fourth
straight week, as concern grew that widening budget
deficits in Europe will extend the global economic
downturn and fears increase that a new crisis may
be developing.
|
