Weekly Caribbean Stock Report
Published:Wednesday | February 15, 2012 | 12:00 AM
February 6-10, 2012
Caribbean stocks ended the week of February 10 lower, as 14,525,713 shares valued at US$6,885,420 crossed the floors of the six stock exchanges across Caricom, with 23 stocks advancing, 57 declining and 46 remaining unchanged.
Stocks were dragged down by weak performances in financials and conglomerates.
Cable & Wireless Jamaica was the volume leader with 4,395,638 shares being traded, Carib Cement posted the largest gain of 24.08% for the week, while on the losing end, Lasco Financial fell 17.92%.
For the week, 10 of the CSX 30 stocks advanced, fourteen declined and six were unchanged. The CSX 30 lost 1.42 points to close the week at 1,300.63, down 1.09% year to date.
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