GASCI reports that session 724’s trading 

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 724’s trading results showed consideration of $655,570 from 1,553 shares traded in 7 transactions as compared to session 723’s trading results, which showed consideration of $47,404,323 from 518,235 shares traded in 16 transactions.  The stocks active this week were DTC, BTI and RBL.

Demerara Tobacco Company Limited’s (DTC) two trades totalling 77 shares represented 4.96% of the total shares traded. DTC’s shares were traded at a Mean Weighted Average Price (MWAP) of $1,000.0, which showed a decrease of $14.0 from its previous close of $1,014.0. DTC’s trades contributed 11.75% ($77,000) of the total consideration. Both of DTC’s trades were at $1,000.0.

Guyana Bank for Trade and Industry Limited’s (BTI) four trades totalling 1,226 shares represented 78.94% of the total shares traded. BTI’s shares were traded at a Mean Weighted Average Price (MWAP) of $445.4, which showed a decrease of $4.6 from its previous close of $450.0. BTI’s trades contributed 83.30% ($546,070) of the total consideration. BTI’s first trade of 100 shares was at $450.0, while its second to fourth trades totalling 1,126 shares were at $445.0.

Republic Bank (Guyana) Limited’s (RBL) single trade of 250 shares at $130.0 represented 16.10% of the total shares traded. RBL’s shares were traded at a Mean Weighted Average Price (MWAP) of $130.0, which showed an increase of $10.0 from its previous close of $120.0. RBL’s trade contributed 4.95% ($32,500) 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

Debenture Stock: Bonds issued with a fixed charge.

Source: Dictionary of Financial and Securities Terms.

Contact Information:

Tel:        223 – 6175/6

 Email:                   info@gasci.com

gasci@networksgy.com

Website:              www.gasci.com

 

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