Stock Market Updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 882’s trading results showed consideration of $39,773,340 from 452,302 shares traded in 17 transactions as compared to session 881’s trading results which showed consideration of $4,210,448 from 41,333 shares traded in 13 transactions. The stocks active this week were DIH, DBL and RBL.

Banks DIH Limited’s (DIH) eleven trades totalling 262,269 shares represented 57.98% of the total shares traded. DIH’s shares were traded at a Mean Weighted Average Price (MWAP) of $80.0, which showed no change from its previous close. DIH’s trades contributed 52.75% ($20,981,270) of the total consideration. DIH’s first three trades totalling 2,500 shares were at $79.9, while its fourth to eleventh trades totalling 259,769 shares were at $80.0.

Demerara Bank Limited’s (DBL) five trades totalling 184,660 shares represented 40.83% of the total shares traded. DBL’s shares were traded at a Mean Weighted Average Price (MWAP) of $91.0, which showed an increase of $6.0 from its previous close of $85.0. DBL’s trades contributed 42.25% ($16,804,060) of the total consideration. All of DBL’s trades were at $91.0.

Republic Bank (Guyana) Limited’s (RBL) single trade of 5,373 shares at $370.0 represented 1.19% of the total shares traded. RBL’s shares were traded at a Mean Weighted Average Price (MWAP) of $370.0, which showed no change from its previous close. RBL’s trade contributed 5.00% ($1,988,010) 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

Fixed Assets: The assets of a company acquired for long-term use within the company, for example, buildings, plant and equipment.

Source: Dictionary of Financial and Securities Terms.

Contact Information: Tel:               223 – 6175/6

                                     Email:            info@gasci.com

                                                            gasci@networksgy.com

 Website:       www.gasci.com