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MEFD January 2006

Published: Friday March 3rd, 2006

Indications are that the Bahamian economy continued to register growth in January 2006, supported by tourism and real estate investments and private sector demand.

In other domestic developments, the market capitalisation of the 19 companies listed on The Bahamas International Security Exchange (BISX) was boosted by the addition of Consolidated Water's Bahamian Depository Receipts (BDRs). The initial quoted price was $4.38 per share, which resulted in a market capitalisation of $8.8 million for this issue.