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 469’s trading results showed consideration of $12,794,079 from 520,826 shares traded in 21 transactions as compared to session 468 which showed consideration of $27,835,818 from 167,638 shares traded in 17 transactions.  The stocks active this week were DIH, DBL, DDL, BTI, PHI, RBL and SPL.

Banks DIH Limited’s (DIH) three trades totalling 65,344 shares represented 12.55% of the total shares traded.  DIH’s shares were traded at a Mean Weighted Average Price (MWAP) of $16.2, which showed no change from its previous close. DIH’s trades contributed 8.27% ($1,058,573) of the total consideration. All of DIH’s trades were at $16.2.
Demerara Bank Limited’s (DBL) six trades totalling 439,022 shares represented 84.29% of the total shares traded.  DBL’s shares were traded at a Mean Weighted Average Price (MWAP) of $25.1, which showed an increase of $0.1 from its previous close of $25.0. DBL’s trades contributed 86.14% ($11,020,550) of the total consideration. DBL’s first trade of 5,000 shares was at $27.0, its second trade of 350,000 shares was at $25.1, while its third to sixth trades totalling 84,022 shares were at $25.0.

Demerara Distillers Limited’s (DDL) three trades totalling 9,980 shares represented 1.92% of the total shares traded.  DDL’s shares were traded at a Mean Weighted Average Price (MWAP) of $12.2, which showed an