Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 735’s trading results showed consideration of $2,531,520 from 19,747 shares traded in 12 transactions as compared to session 734’s trading results, which showed consideration of $29,059,205 from 243,721 shares traded in 19 transactions.  The stocks active this week were DIH, DBL, DDL, DTC, BTI and RBL.

Banks DIH Limited’s (DIH) four trades totalling 13,285 shares represented 67.28% of the total shares traded. DIH’s shares were traded at a Mean Weighted Average Price (MWAP) of $34.6, which showed a decrease of $0.4 from its previous close of $35.0. DIH’s trades contributed 18.17% ($459,975) of the total consideration. DIH’s first three trades totalling 8,285 shares were at $35.0, while its fourth trade of 5,000 shares was at $ 34.0.

Demerara Bank Limited’s (DBL) single trade of 2,000 shares at $36.0 represented 10.13% of the total shares traded. DBL’s shares were traded at a Mean Weighted Average Price (MWAP) of $36.0, which showed an increase of $0.5 from its previous close of $35.5. DBL’s trade contributed 2.84% ($72,000) of the total consideration.

Demerara Distillers Limited’s (DDL) single trade of 2,000 shares at $25.6 represented 10.13% of the total shares traded. DDL’s shares were traded at a Mean Weighted Average Price (MWAP) of $25.6, which showed no change from its previous close. DDL’s trade contributed 2.02% ($51,200) of the total consideration.

Demerara Tobacco Company Limited’s (DTC) single trade of 1,695 shares at $1,000.0 represented 8.58% of the total shares traded. DTC’s shares were traded at a Mean Weighted Average Price (MWAP) of $1,000.0, which showed no change from its previous close. DTC’s trade contributed 66.96% ($1,695,000) of the total consideration.

Guyana Bank for Trade and Industry Limited’s (BTI) three trades totalling 580 shares represented 2.94% of the total shares traded. BTI’s shares were traded at a Mean Weighted Average Price (MWAP) of $399.7, which showed a decrease of $0.3 from its previous close of $400.0. BTI’s trades contributed 9.16% ($231,840) of the total consideration. BTI’s first two trades totalling 160 shares were at $399.0, while its third trade of 420 shares was at $400.0.

Republic Bank (Guyana) Limited’s (RBL) two trades totalling 187 shares represented 0.94% 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 $7.0 from its previous close of $108.0. RBL’s trades contributed 0.85% ($21,505) 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

Deferred Share: A class of share where the holder is entitled to a dividend only if the ordinary shareholders have been paid a specified minimum dividend.

 

Source: Dictionary of Financial and Securities Terms.

 

Contact Information:

Tel:        223 – 6175/6

Email:   info@gasci.com

gasci@networksgy.com

Website:             www.gasci.com