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 481’s trading results showed consideration of $2,867,665 from 125,083 shares traded in 13 transactions as compared to session 480 which showed consideration of $1,786,450 from 55,714 shares traded in 12 transactions.  The stocks active this week were DIH, DBL, DDL, RBL and SPL.

Banks DIH Limited’s (DIH) seven trades totalling 76,513 shares represented 61.17% of the total shares traded.  DIH’s shares were traded at a Mean Weighted Average Price (MWAP) of $16.7, which showed an increase of $0.2 from its previous close of $16.5. DIH’s trades contributed 44.55% ($1,277,465) of the total consideration. DIH’s first trade of 11,157 shares was at $16.5, its second trade of 50,000 shares was at $16.8 while its third to seventh trades totalling 15,356 shares were at $16.5.

Demerara Bank Limited’s (DBL) three trades totalling 32,250 shares represented 25.78% of the total shares traded.  DBL’s shares were traded at a Mean Weighted Average Price (MWAP) of $28.0, which