Wednesday, April 24, 2024
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HomeNewsCaribbean NewsEastern Caribbean Securities Market

Eastern Caribbean Securities Market

BASSETERRE, St Kitts (ECSE)  – Eastern Caribbean Securities Exchange (ECSE) daily update for April 7, 2020, providing the latest trading information and financial tip for the investor.

On the regional government securities market, the government of Saint Lucia’s 91-day Treasury bill auctioned on the ECSE’s primary market platform raised $11.1 million. The competitive uniform price methodology used, resulted in a discount rate of 3.46972 percent.

There were no trades on the Eastern Caribbean Securities Market April 7, 2020.

Here are the latest closing prices for the equities listed on the ECSE:

  • The Bank of Nevis Ltd …….. $3.50
  • Bank of St Vincent and the Grenadines Ltd …….. $6.60
  • Cable & Wireless St Kitts & Nevis Ltd …….. $3.50
  • Dominica Electricity Services Ltd …….. $4.00
  • East Caribbean Financial Holding Company Ltd …….. $4.49
  • Grenada Co-operative Bank Ltd …….. $8.88
  • Grenada Electricity Services Ltd …….. $10.00
  • Grenreal Property Corporation Ltd …….. $5.40
  • Republic Bank (Grenada) Ltd …….. $45.00
  • St Kitts Nevis Anguilla National Bank Ltd …….. $3.00
  • St Lucia Electricity Services Ltd …….. $20.00
  • L. Horsford & Company Ltd …….. $2.00
  • TDC Ltd …….. $1.30

Today’s financial tip:

What are government securities?

Government securities are financial instruments including treasury bills, notes, and bonds that are issued by a government and sold to the public to pay off maturing debt and raise capital needed to finance government expenditure.

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