Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 720’s trading results showed consideration of $14,425,378 from 230,078 shares traded in 4 transactions as compared to session 719’s trading results, which showed consideration of $15,358,441 from 187,067 shares traded in 17 transactions.  The stocks active this week were DIH, DBL and RBL.

Banks DIH Limited’s (DIH) single trade of 128,143 shares at $33.0 represented 55.70% of the total shares traded. DIH’s shares were traded at a Mean Weighted Average Price (MWAP) of $33.0, which showed an increase of $2.8 from its previous close of $30.2. DIH’s trade contributed 29.31% ($4,228,719) of the total consideration.

Demerara Bank Limited’s (DBL) single trade of 10,000 shares at $36.0 represented 4.34% of the total shares traded. DBL’s shares were traded at a Mean Weighted Average Price (MWAP) of $36.0, which showed no change from its previous close. DBL’s trade contributed 2.50% ($360,000) of the total consideration.

Republic Bank (Guyana) Limited’s (RBL) two trades totalling 91,935 shares represented 39.96% of the total shares traded. RBL’s shares were traded at a Mean Weighted Average Price (MWAP) of $107.0, which showed an increase of $2.0 from its previous close of $105.0. RBL’s trades contributed 68.19% ($9,836,659) of the total consideration. RBL’s first trade of 45,871 shares was at $109.0, while its second trade of 46,064 shares was at $105.0.

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

Daylight Exposure: The deliverer of securities or payer of countervalue is exposed to the risk that the counterparty may default on his obligations at some stage during that business day.

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.

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