GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 741’s trading results showed consideration of $27,708,720 from 206,687 shares traded in 9 transactions as compared to session 740’s trading results which showed consideration of $2,328,445 from 11,794 shares traded in 6 transactions. The stocks active this week were BTI and RBL.
Guyana Bank for Trade and Industry Limited’s (BTI) four trades totalling 10,862 shares represented 5.26% of the total shares traded. BTI’s shares were traded at a Mean Weighted Average Price (MWAP) of $445.3, which showed an increase of $25.3 from its previous close of $420.0. BTI’s trades contributed 17.45% ($4,834,720) of the total consideration. BTI’s first two trades totalling 2,634 shares were at $430.0, its third trade of 100 shares was at $445.0, while its fourth trade of 8,128 shares was at $450.0.
Republic Bank (Guyana) Limited’s (RBL) five trades totaling 195,825 shares represented 94.74% of the total shares traded. RBL’s shares were traded at a Mean Weighted Average Price (MWAP) of $116.9, which showed an increase of $1.9 from its previous close of $115.0. RBL’s trades contributed 82.55% ($22,874,000) of the total consideration. RBL’s first three trades totalling 27,900 shares were at $125.0, its fourth trade of 15,025 shares was at $120.0, while its fifth trade of 152,900 shares was 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
Dematerialised: The term used to describe stock which is held in electronic accounts, rather than issue paper certificates.
Source: Dictionary of Financial and Securities Terms.
Tel: 223 – 6175/6