Caribbean Weekly Stock Report

February 13-17, 2012

Caribbean stocks ended lower for a second consecutive week as 16,179,627 shares valued at US$4,644,902 crossed the floors of the six stock exchanges across Caricom, with 68 stocks advancing, 18 declining and 40 remaining unchanged.

Gains in manufacturing and conglomerate stocks were offset by continued weakness in the performance of financial stocks.

Scotia Group Jamaica was the volume leader with 5,632,090 shares being traded, Pan Caribbean Financial posted the largest gain of 12.27 per cent for the week, while on the losing end, Sagicor fell 14.59 per cent.

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