Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 711’s trading results showed consideration of $8,697,638 from 239,692 shares traded in 8 transactions as compared to session 710’s trading results, which showed consideration of $37,993,646 from 384,128 shares traded in 16 transactions.  The stocks active this week were DIH, DDL, DTC and BTI.

Banks DIH Limited’s (DIH) three trades totalling 14,226 shares represented 5.94% of the total shares traded. DIH’s shares were traded at a Mean Weighted Average Price (MWAP) of $29.1, which showed an increase of $0.1 from its previous close of $29.0. DIH’s trades contributed 4.75% ($413,554) of the total consideration. DIH’s first two trades totalling 13,226 shares were at $29.0, while its third trade of 1,000 shares was at $30.0.

Demerara Distillers Limited’s (DDL) two trades totalling 219,466 shares represented 91.56% of the total shares traded. DDL’s shares were traded at a Mean Weighted Average Price (MWAP) of $24.0, which showed no change from its previous close. DDL’s trades contributed 60.56% ($5,267,184) of the total consideration. Both of DDL’s trades were at $24.0.

Demerara Tobacco Company Limited’s (DTC) single trade of 1,000 shares at $1,016.9 represented 0.42% of the total shares traded. DTC’s shares were traded at a Mean Weighted Average Price (MWAP) of $1,016.9, which showed a decrease of $0.1 from its previous close of $1,017.0. DTC’s trade contributed 11.69% ($1,016,900) of the total consideration.

Guyana Bank for Trade and Industry Limited’s (BTI) two trades totalling 5,000 shares represented 2.08% of the total shares traded. BTI’s shares were traded at a Mean Weighted Average Price (MWAP) of $400.0, which showed no change from its previous close. BTI’s trades contributed 23.00% ($2,000,000) of the total consideration. Both of BTI’s trades were at $400.0.

 

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

Custody: The storing and safekeeping of securities together with maintaining accurate records of ownership. The term also implies management of those securities such as the collection of dividends.

Source: Dictionary of Financial and Securities Terms.

Contact Information: Tel: 223 – 6175/6

Email: info@gasci.com

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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.