Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 619’s trading results showed consideration of $17,295,460 from 138,479 shares traded in 13 transactions as compared to session 618’s trading results, which showed consideration of $7,203,570 from 40,636 shares traded in 12 transactions. The stocks active this week were DIH, DBL, DDL, DTC, BTI and RBL.

Banks DIH Limited’s (DIH) two trades totalling 5,625 shares represented 4.06% of the total shares traded. DIH’s shares were traded at a Mean Weighted Average Price (MWAP) of $20.0, which showed no change from its previous close. DIH’s trades contributed 0.65% ($112,500) of the total consideration. Both of DIH’s trades were at $20.0.

Demerara Bank Limited’s (DBL) single trade of 33,800 shares at $36.0 represented 24.41% of the total shares traded. DBL’s shares were traded at a Mean Weighted Average Price (MWAP) of $36.0, which showed no change from its previous close. DBL’s trade contributed 7.04% ($1,216,800) of the total consideration.

20150705market journal Demerara Distillers Limited’s (DDL) two trades totalling 75,467 shares represented 54.50% of the total shares traded. DDL’s shares were traded at a Mean Weighted Average Price (MWAP) of $25.1, which showed a decrease of $0.9 from its previous close of $26.0. DDL’s trades contributed 10.94% ($1,891,396) of the total consideration. DDL’s first trade of 70,746 shares was at $25.0, while its second trade of 4,721 shares was at $26.0.

Demerara Tobacco Company Limited’s (DTC) six trades totalling 12,500 shares represented 9.03% of the total shares traded. DTC’s shares were traded at a Mean Weighted Average Price (MWAP) of $1,016.1, which showed a decrease of $3.9 from its previous close of $1,020.0. DTC’s trades contributed 73.43% ($12,700,000) of the total consideration. DTC’s first five trades totalling 2,500 shares were at $1,000.0, while its sixth trade of 10,000 shares was at $1,020.0.

Guyana Bank for Trade and Industry Limited’s (BTI) single trade of 50 shares at $565.0 represented 0.03% of the total shares traded. BTI’s shares were traded at a Mean Weighted Average Price (MWAP) of $565.0, which showed no change from its previous close. BTI’s trade contributed 0.16% ($28,250) of the total consideration.

Republic Bank (Guyana) Limited’s (RBL) single trade of 11,037 shares at $122.0 represented 7.97% of the total shares traded. RBL’s shares were traded at a Mean Weighted Average Price (MWAP) of $122.0, which showed no change from its previous close. RBL’s trade contributed 7.78% ($1,346,514) of the total consideration.

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.

 

TERM OF THE WEEK

Confirmation: An acknowledgement of a securities transaction between two counterparties.

 

Source: Dictionary of Financial and Securities Terms

 

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  Email:   info@gasci.com

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