Stock market updates

*Prices only represent the average Wholesale Farmgate and Retail Prices at the above mentioned markets and are NOT prices set by the Guyana Marketing Corporation or Ministry of Agriculture.

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 461’s trading results showed consideration of $2,354,250 from 172,000 shares traded in 8 transactions as compared to session 460 which showed consideration of $8,736,516 from 605,193 shares traded in 16 transactions.  The stocks active this week were DIH and DDL.

Banks DIH Limited’s (DIH) four trades totalling 132,000 shares represented 76.74% of the total shares traded.  DIH’s shares were traded at a Mean Weighted Average Price (MWAP) of $14.5, which showed an increase of $0.2 from its previous close of $14.3. DIH’s trades contributed 81.20% ($1,911,583) of the total consideration. DIH’s first trade of 24,179 shares was at $14.4, while its second to fourth trades totalling 107,821 shares were at $14.5.

Demerara Distillers Limited’s (DDL) four trades totalling 40,000 shares represented 23.26% of the total shares traded.  DDL’s shares were traded at a Mean Weighted Average Price (MWAP) of $11.1, which showed an