Stock market updates

 

 

 

 

 

 

 

 

 

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 699’s trading results showed consideration of $969,259 from 32,338 shares traded in 7 transactions as compared to session 698’s trading results, which showed consideration of $4,692,041 from 85,431 shares traded in 6 transactions.  The stocks active this week were DBL, DDL, BTI and RBL.

Demerara Bank Limited’s (DBL) three trades totalling 8,710 shares represented 26.93% of the total shares traded. DBL’s shares were traded at a Mean Weighted Average Price (MWAP) of $35.5, which showed a decrease of $0.5 from its previous close of $36.0. DBL’s trades contributed 31.90% ($309,205) of the total consideration. All of DBL’s trades were at $35.5.

Demerara Distillers Limited’s (DDL) single trade of 23,334 shares at $23.5 represented 72.16% of the total shares traded. DDL’s shares were traded at a Mean Weighted Average Price (MWAP) of $23.5, which showed a decrease of $0.5 from its previous close of $24.0. DDL’s trade contributed 56.57% ($548,349) of the total consideration.

Guyana Bank for Trade and Industry Limited’s (BTI) two trades totalling 237 shares represented 0.73% of the total shares traded. BTI’s shares were traded at a Mean Weighted Average Price (MWAP) of $448.0, which showed a decrease of $1.5 from its previous close of $449.5. BTI’s trades contributed 10.95% ($106,176) of the total consideration. Both of BTI’s trades were at $448.0.

Republic Bank (Guyana) Limited’s (RBL) single trade of 57 shares at $97.0 represented 0.18% of the total shares traded. RBL’s shares were traded at a Mean Weighted Average Price (MWAP) of $97.0, which showed no change from its previous close. RBL’s trade contributed 0.58% ($5,529) 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

Currency Futures: Contracts calling for delivery of a specific amount of a foreign currency at a specified future date in return for a given amount of, say, US Dollars.

Source: Dictionary of Financial and Securities Terms.   

Contact Information: Tel: 223–6175/6

Email:  info@gasci.com

gasci@networksgy.com

Website: www.gasci.com

The market information provided here is provided for informational and educational purposes only and is provided on a time-delayed basis. GASCI does not guarantee the accuracy or completeness of any information contained on this page. Although the information has been obtained by GASCI from sources believed to be reliable, it is provided on an “as is” basis without warranties of any kind. GASCI assumes no responsibility for the consequences of any errors or omissions. GASCI does not make or has not made any recommendation regarding any of the securities issued by any of the companies identified here nor the advisability of investing in securities generally for any particular individual.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1 – Interim Results 

2 – Prospective Dividends

3 – Shows year-end EPS but Interim Dividend

4 – Shows Interim EPS but year-end Dividend

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

2005 – Final results for GTI.

2013 – Final results for CJL.

2015 – Final results for BTI and GSI.

2016 – Interim results for DIH, DTC, CCI, CBI, DDL, HCL, JPS, PHI, RDL

and SPL.

2016 – Final Results for 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.

 

 

 

Comments  

Manufacturing sector at standstill – Ramsay Ali

The unchanging dilemma of an uncompetitive   local manufacturing sector continues to be manifested in the persistence of high electricity costs coupled with a notoriously unreliable power supply system and high costs of imported raw material inputs, among other things, Former President of the Guyana Manufacturing & Services Association (GMSA) Ramsay Ali who is also Chief Executive Officer of Sterling Products Ltd.

Sterling Products seeking 10,000 acres for coconut cultivation

With the global coconut industry now offering numerous potentially lucrative opportunities to the manufacturing and agro-processing sectors, the local company, Sterling Products Ltd is signalling its intention to utilize the sector to enhance its own expansion and diversification programmes.

Backing away from a garbage crisis

It had always appeared to be the case that the assurance given the citizenry by Town Clerk Royston King in a statement last week that following the withdrawal of services by City Hall’s substantive service providers, Cevons Waste Management and Puran Brothers, the City was putting in place contingency measures to manage, in an environmental friendly manner, the city’s waste disposal, was little more than just another example of the municipality getting ahead of itself.

China Railway gets major T&T road project

(Trinidad Guardian) China Railway Construction Corporation (CRCC) has been awarded a $221.7 million contract by the National infrastructure Development Company (Nidco) to build the controversial Curepe Interchange, the state company’s chairman Herbert George has confirmed.

Kitco Market Data

Gold Prices for the three-day period ending Thursday August 17, 2017           Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.

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