The Daily - Antigua Observer Newspaper

Page 6 Saturday March 13, 2010
THE DAILY OBSERVER
CMMB Market Watch
EASTERN CARIBBEAN
On the ECSE, 4,220
shares changed ownership,
while another 2,000 Cable &
Wireless St Kitts & Nevis
shares crossed the floor having
no effect on overall market
activity or prices. Only
four shares traded, Bank of
Nevis being the only share
holding firm from the previous
week. ECFH was the
biggest loser for the week
dropping 3.13 per cent to
Getting from page 5
due dates, interest rates and
other payments for the
same. So, one of the most
effective getting out of debt
tips is to stop using credit
cards and use cash like old
times. If this seems too
unrealistic, you can keep a
single credit card and get
rid of the rest.
Negotiate with Creditors
Sometimes creditors,
and that includes the
credit card companies as
well, are willing to reduce
the overall debt amount if
you assure them that you
will make their payments
within a particular time
frame. So, negotiate with
the creditors and try to
bring down your overall
debt amount.
Opt for Debt
Consolidation
Daily OBSERVER
BINGO
NUMBERS
end the week at $14.53.
The next auction of
the government of St
Vincent and the Grenadines
91 day T-Bills will take place
on Wednesday, March 15.
In other news,
CMMB and First Citizens
Bank hosted a one-day
workshop on Pension Fund
Management, on March 9 in
St Lucia at the St Lucian
Hotel. During the workshop,
participants obtained
Another useful tip
for getting out of debt fast is
to go in for credit card debt
consolidation. Under this,
you can shift all the
impending balances of your
various credit cards under
one credit card. This will
not only make your debt
repayment easy, but also
reduce the interest amount
on the accumulated debt
considerably.
Besides following
the above mentioned getting
out of debt tips, there is
one more thing that you can
do to eliminate your debt,
and that is to supplement
your income. Work overtime,
get a second job, make
money through Internet,
basically do anything which
adds to your income and
helps you to get rid of your
debt fast. (Buzzle.com)
Sponsored By
a thorough understanding
of pension plans.
TRINIDAD
Over in Trinidad, all
three indices on the TTSE
posted gains and market
volume exceeded 1.4 million
units valued at over TT $14
million. This resulted from
trading in 21 stocks of which
five advanced, while
Trinidad Cement Limited
was the sole decliner. Fifteen
shares traded firm including
National Enterprises
Limited which also emerged
volume leader with over 37
per cent ending the week at
$10.11.
JAMAICA
Jamaican indices
advanced last week as a
result of the trading of 35
equity securities. Advancers
outpaced decliners 22 to
nine, while another five
stocks remained unchanged.
Overall market volume
exceeded 99 million units
valued at over J $398 million.
Supreme Ventures
FEATURE
Limited was the volume
leader accounting for nearly
81 per cent of the total shares
traded gaining 8 cents to
close the week at $2.25.
BARBADOS
There was an overall
increase in activity on the
Barbados Stock Exchange as
over 75,000 shares were
traded, despite market
indices closing down for the
week. The top three companies
traded were led by
Sagicor with more than 69
per cent, followed by
Fortress Caribbean Property
Fund and Light and Power
Holdings Limited combining
for an additional 17 per
cent. Sagicor was the lead
advancer closing up nearly 2
per cent to end the week at
$3.11.
INTERNATIONAL
On the international
front, European stocks posted
the biggest weekly gain
since July as investors speculated
that the European
Union will assist Greece
with its finances if required
and a smaller-thanestimated
drop in US jobs
added to evidence the global
economic recovery is accelerating.
And finally in commodities
news, gold futures
rose capping a weekly gain,
on investment demand for
the metal as an alternative to
holding currency.
RURAL WEST BRANCH MEETING
The UPP St John’s Rural West Constituency
Branch will be hosting its monthly branch meeting
at the Constituency Branch Office on
Monday, March 15, starting at 7:30 pm. All members
and prospective members are asked to
attend this meeting.
PURPLE BORDER 852739/ 939719
B-4, N-42, G-55, N-32
13/03/2010