Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 391’s trading results showed consideration of $1,017,509 from 66,961 shares traded in 9 transactions as compared to session 390 which showed consideration of $913,478 from 73,842 shares traded in 11 transactions. The stocks active during this week’s session were DIH, DBL, DDL and RBL.

Banks DIH Limited’s (DIH) four trades totalling 22,467 shares represented 33.56% of the total shares traded.  DIH’s shares were traded at a Mean Weighted Average Price (MWAP) of $11.7, which showed a decrease of $0.1 from its previous close of $11.8.  DIH’s trades contributed 25.83% ($262,864) of the total consideration. All of DIH’s trades were at $11.7.

Demerara Bank Limited’s (DBL) three trades totalling 33,494 shares represented 50.02% of the total shares traded. DBL’s shares were traded at an MWAP of $17.6, which showed a decrease of $2.4 from its previous close of $20.0.  DBL’s trades contributed 57.95% ($589,645) of the total consideration. DBL’s first trade of 5,000 shares was at $17.7, its second trade of 25,000 shares was at 17.6, while its third trade of 3,494 shares was at $17.5.

Demerara Distillers Limited’s (DDL) single trade of 10,000 shares at $10.4 represented 14.93% of the total shares traded.  DDL’s shares were traded at MWAP of $10.4, which showed an increase of $0.1 from its previous close of $10.3.  DDL’s trade contributed 10.22% ($104,000) of the total consideration.

Republic Bank (Guyana) Limited’s (RBL) single trade of 1,000 shares at $61.0 represented 1.49% of the total shares traded.  RBL’s shares were traded at MWAP of $61.0, which showed a decrease of $2.5 from its previous close of $63.5. RBL’s trade contributed 6.00% ($61,000) of the total consideration.

NOTES:

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.

Notes

1 – Interim results

2 – Prospective

3 – Shows year-end EPS but Interim Dividend

EPS: earnings per share for the 12-month period to the date the latest financials have been prepared. These include:

2005 – Final results for GTI.

2008 – Final results for PHI.

2010 – Interim results for TCL, CCI, DDL, DTC, BTI, GSI, JPS, and SPL.

2010 – Final results for DIH, CBI, DBL, and RBL.

As such, some of these EPS calculations are based on un-audited figures.

P/E Ratio: Price/Earnings Ratio = Last Trade Price/EPS

Dividend yield = Dividends paid in the last 12 months/last trade price.

TERM OF THE WEEK

Dividend: A share of profits of a company paid out to its shareholders