GASCI reports that session 728’s trading results

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 728’s trading results showed consideration of $2,849,855 from 22,452 shares traded in 12 transactions as compared to session 727’s trading results, which showed consideration of $33,023,693 from 316,416 shares traded in 11 transactions.  The stocks active this week were DIH, DBL, DTC, BTI and RBL.

Banks DIH Limited’s (DIH) single trade of 5,625 shares at $33.0 represented 25.05% of the total shares traded. DIH’s shares were traded at a Mean Weighted Average Price (MWAP) of $33.0, which showed an increase of $2.3 from its previous close of $30.7. DIH’s trade contributed 6.51% ($185,625) of the total consideration.

Demerara Bank Limited’s (DBL) single trade of 10,000 shares at $38.0 represented 44.54% of the total shares traded. DBL’s shares were traded at a Mean Weighted Average Price (MWAP) of $38.0, which showed no change from its previous close. DBL’s trade contributed 13.33% ($380,000) of the total consideration.

Demerara Tobacco Company Limited’s (DTC) three trades totalling 1,025 shares represented 4.57% of the total shares traded. DTC’s shares were traded at a Mean Weighted Average Price (MWAP) of $990.0, which showed a decrease of $10.0 from its previous close of $1,000.0. DTC’s trades contributed 35.61% ($1,014,750) of the total consideration. All of DTC’s trades were at $990.0.

Guyana Bank for Trade and Industry Limited’s (BTI) five trades totalling 1,825 shares represented 8.13% of the total shares traded. BTI’s shares were traded at a Mean Weighted Average Price (MWAP) of $445.0, which showed no change from its previous close. BTI’s trades contributed 28.50% ($812,125) of the total consideration. All of BTI’s trades were at $445.0.

Republic Bank (Guyana) Limited’s (RBL) two trades totalling 3,977 shares represented 17.71% of the total shares traded. RBL’s shares were traded at a Mean Weighted Average Price (MWAP) of $115.0, which showed an increase of $1.0 from its previous close of $114.0. RBL’s trades contributed 16.05% ($457,355) of the total consideration. Both of RBL’s trades were at $115.0.

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

Default: A breach of the terms of a bond issue, e.g. inability to pay interest when due.

Source: Dictionary of Financial and Securities Terms.   

Contact Information: Tel:                223 – 6175/6

Email:            info@gasci.com

gasci@networksgy.com

Website:        www.gasci.com