Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 257’s trading results showed consideration of $6,360,453 from 570,467 shares traded in 20 transactions as compared to session 256 which showed consideration of $3,844,192 from 234,735 shares traded in 17 transactions. The stocks active during this week’s session were DIH, DBL, DDL, RBL and SPL.

Banks DIH Limited’s (DIH) six trades totalling 32,912 shares represented 5.77% of the total shares traded.

DIH’s shares were traded at a Mean Weighted Average Price (MWAP) of $10.0, which showed no change from its previous close. DIH’s trades contributed 5.17% ($328,929) of the total consideration. DIH’s first four trades totalling 31,000 shares were at $10.0, while its last two trades totalling 1,912 shares were at $9.9.

Demerara Bank Limited’s (DBL) single trade of 2,000 shares at $17.0 represented 0.35% of the total shares traded. DBL’s shares were traded at a Mean Weighted Average Price (MWAP) of $17.0, which showed no change from its previous close. DBL’s trade contributed 0.53% ($34,000) of the total consideration.

Demerara Distillers Limited’s (DDL) seven trades totalling 505,464 shares represented 88.61% of the total shares traded. DDL’s shares were traded at a Mean Weighted Average Price (MWAP) of $9.0, which showed an increase of $0.1 from its previous close of $8.9. DDL’s trades contributed 71.72% ($4,561,609) of the total consideration. DDL’s first four trades totalling 422,970 shares were at $8.9, the fifth trade of 27,764 shares was at $ 9.0, while its final two trades totalling 54,730 shares were at $10.0.

Republic Bank (Guyana) Limited’s (RBL) four trades totalling 17,000 shares represented 2.98% of the total shares traded. RBL’s shares were traded at a Mean Weighted Average Price (MWAP) of $34.4, which showed a decrease of $0.6 from its previous close of $35.0. RBL’s trades contributed 9.20% ($585,000) of the total consideration. RBL’s first trade of 2,000 shares was at $35.0, the second and third trades totalling 10,000 shares were at $34.0, while its last trade of 5,000 shares was at $35.0.

Sterling Products Limited’s (SPL) two trades totalling 13,091 shares represented 2.29% of the total shares traded. SPL’s shares were traded at a Mean Weighted Average Price (MWAP) of $65.0, which showed no change from its previous close. SPL’s trades contributed 13.38% ($850,915) of the total consideration. Both of SPL’s trades were at $65.0.