Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 703’s trading results showed consideration of $13,931,813 from 81,189 shares traded in 12 transactions as compared to session 702’s trading results, which showed consideration of $726,505 from 12,560 shares traded in 6 transactions.  The stocks active this week were DIH, DDL, BTI and RBL.

Banks DIH Limited’s (DIH) single trade of 1,000 shares at $27.0 represented 1.23% of the total shares traded. DIH’s shares were traded at a Mean Weighted Average Price (MWAP) of $27.0, which showed no change from its previous close. DIH’s trade contributed 0.19% ($27,000) of the total consideration.

 

Demerara Distillers Limited’s (DDL) two trades totalling 31,667 shares represented 39.00% of the total shares traded. DDL’s shares were traded at a Mean Weighted Average Price (MWAP) of $23.7, which showed a decrease of $0.3 from its previous close of $24.0. DDL’s trades contributed 5.38% ($749,175) of the total consideration. DDL’s first trade of 21,667 shares was at $23.5, while its second trade of 10,000 shares was at $24.0.

Guyana Bank for Trade and Industry Limited’s (BTI) four trades totalling 24,575 shares represented 30.27% of the total shares traded. BTI’s shares were traded at a Mean Weighted Average Price (MWAP) of $439.9, which showed a decrease of $8.1 from its previous close of $448.0. BTI’s trades contributed 77.60% ($10,810,938) of the total consideration. BTI’s first two trades totalling 203 shares were at $448.0, its third trade of 17,000 shares was at $440.0, while is fourth trade of 7,372 shares was at $439.5.

Republic Bank (Guyana) Limited’s (RBL) five trades totalling 23,947 shares represented 29.50% of the total shares traded. RBL’s shares were traded at a Mean Weighted Average Price (MWAP) of $98.0, which showed an increase of $3.0 from its previous close of $95.0. RBL’s trades contributed 16.83% ($2,344,700) of the total consideration.  RBL’s first two trades totalling 6,125 shares were at $95.0, its third trade of 3,437 shares was at $100.0, its fourth trade of 3,875 shares was at $95.0, while its fifth trade of 10,510 shares was at $100.0.

Best bid:  The highest price that a buyer is willing to pay for a security.

Best offer: The lowest price at which a seller is offering to sell securities.

 

TERM OF THE WEEK

Current Exposure: The current obligation outstanding.

 

Source: Dictionary of Financial and Securities Terms.

 

Contact Information: Tel: 223 – 6175/6

 

Email:    info@gasci.com

 

gasci@networksgy.com

 

Website:    www.gasci.com

 

The market information provided here is provided for informational and educational purposes only and is provided on a time-delayed basis. GASCI does not guarantee the accuracy or completeness of any information contained on this page. Although the information has been obtained by GASCI from sources believed to be reliable, it is provided on an “as is” basis without warranties of any kind. GASCI assumes no responsibility for the consequences of any errors or omissions. GASCI does not make or has not made any recommendation regarding any of the securities issued by any of the companies identified here nor the advisability of investing in securities generally for any particular individual.