GASCI reports that session 716’s trading results

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 716’s trading results showed consideration of $8,840,485 from 179,273 shares traded in 10 transactions as compared to session 715’s trading results, which showed consideration of $11,416,955 from 270,360 shares traded in 12 transactions.  The stocks active this week were DIH, DDL, DTC and RBL.

Banks DIH Limited’s (DIH) six trades totalling 142,539 shares represented 79.51% of the total shares traded. DIH’s shares were traded at a Mean Weighted Average Price (MWAP) of $35.0, which showed no change from its previous close. DIH’s trades contributed 56.44% ($4,989,135) of the total consideration. DIH’s first trade of 2,700 shares was at $35.1, while its second to sixth trades totalling 139,839 shares were at $35.0.

Demerara Distillers Limited’s (DDL) two trades totalling 24,734 shares represented 13.80% of the total shares traded. DDL’s shares were traded at a Mean Weighted Average Price (MWAP) of $25.2, which showed an increase of $0.2 from its previous close of $25.0. DDL’s trades contributed 7.04% ($622,350) of the total consideration. DDL’s first trade of 20,000 shares was at $25.2, while its second trade of 4,734 shares was at $25.0.

Demerara Tobacco Company Limited’s (DTC) single trade of 2,000 shares at $1,014.5 represented 1.11% of the total shares traded. DTC’s shares were traded at a Mean Weighted Average Price (MWAP) of $1,014.5, which showed a decrease of $0.5 from its previous close of $1,015.0. DTC’s trade contributed 22.95% ($2,029,000) of the total consideration.

Republic Bank (Guyana) Limited’s (RBL) single trade of 10,000 shares at $120.0 represented 5.58% of the total shares traded. RBL’s shares were traded at a Mean Weighted Average Price (MWAP) of $120.0, which showed a decrease of $2.0 from its previous close of $122.0. RBL’s trade contributed 13.57% ($1,200,000) 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

Customer – Private: A customer who is assumed financially unsophisticated and therefore receives more protection from the Conduct of Business Rules.

 

Source: Dictionary of Financial and Securities Terms.   

 

 

Contact Information: Tel:                223 – 6175/6

Email:            info@gasci.com

gasci@networksgy.com

Website:        www.gasci.com