Stock Market Updates

GSE (https://guyanastockexchangeinc.com/telephone Nº 223-6175/6) reports that session 1069’s trading results showed consideration of $9,166,600 from 39,110 shares traded in 21 transactions as compared to session 1068’s trading results, which showed consideration of $35,605,782 from 104,845 shares traded in 17 transactions. The stocks active this week were DIH, DBL, DDL, BTI, and SPL.

Banks DIH Limited’s (DIH) nine trades totalling 33,250 shares represented 85.0% of the total shares traded. DIH’s shares were traded at a Mean Weighted Average Price (MWAP) of $125.0, which showed a decrease of $8.0 from its previous close of $133.0. DIH’s trades contributed 45.40% ($4,163,000) of the total consideration. DIH’s first and second trades totalling 1,350 shares were at $130.0, while its third to ninth trades totalling 31,900 shares were at $125.0.

Demerara Bank Limited’s (DBL) single trade of 100 shares at $355.0 represented 0.30% of the total shares traded. DBL’s shares were traded at a Mean Weighted Average Price (MWAP) of $355.0, which showed no change from its previous close. DBL’s trade contributed 0.40% ($35,500) of the total consideration.

Demerara Distillers Limited’s (DDL) two trades totalling 380 shares represented 1.0% of the total shares traded. DDL’s shares were traded at a Mean Weighted Average Price (MWAP) of $205.0, which showed no change from its previous close. DDL’s trades contributed 0.80% ($77,900) of the total consideration Both of DDL’s trades were at $205.0.

Guyana Bank for Trade and Industry Limited’s (BTI) five trades totalling 850 shares represented 2.20% of the total shares traded. BTI’s shares were traded at a Mean Weighted Average Price (MWAP) of $1,507.3, which showed a decrease of $32.7 from its previous close of $1,540.0. BTI’s trades contributed 14.0% ($1,281,200) of the total consideration. BTI’s first two trades totalling 700 shares were at $1,500.0, its third and fourth trades totalling 130 shares were at $1,540.0, while its fifth trade of 20 shares was at $1,550.0.

Sterling Products Limited’s (SPL) four trades totalling 4,530 shares represented 11.50% of the total shares traded. SPL’s shares were traded at a Mean Weighted Average Price (MWAP) of $796.7, which showed a decrease of $3.30 from its previous close of $800.0. SPL’s trades contributed 39.40% ($3,609,000) of the total consideration. SPL’s first two trades totalling 1,500 shares were at $790.0, while its third and fourth trades totalling 3,030 shares were at $800.0.

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

Letter of Acceptance: Also called a Letter of Allotment. If investors apply for shares in a new issue and their application is successful, they will receive a letter of acceptance as evidence of their ownership of the shares in the short term.

Source: Dictionary of Financial and Securities Terms.

Contact Information:

Tel:        223 – 6175/6

 Email:    info@gasci.com

              gasci@networksgy.com

 Website:    www.gasci.com

Notes

1 – Interim Results 

2 – Prospective Dividends

3 – Shows year-end EPS but Interim Dividend

4 – Shows Interim EPS but year-end Dividend

EPS: earnings per share for 12 months period to the date the latest financials have been prepared. These include:

2016 – Final results for CJL and PHI.

2022 – Final results for GSI, HCL and JPS.

2023 – Interim results for CCI and RDL.

2023 – Final results for DIH, CBI, DDL, DTC, BTI, RBL and SPL.

2024 – Interim results for DBL.

As such, some of these EPS calculations are based on un-audited figures. 

P/E Ratio: Price/Earnings Ratio = Last Trade Price/EPS

Dividend yield = Dividends paid in the last 12 months/last trade price.

The market information provided here is provided for informational and educational purposes only and is provided on a time-delayed basis. GASCI does not guarantee the accuracy or completeness of any information contained on this page. Although the information has been obtained by GASCI from sources believed to be reliable, it is provided on an “as is” basis without warranties of any kind. GASCI assumes no responsibility for the consequences of any errors or omissions. GASCI does not make or has not made any recommendation regarding any of the securities issued by any of the companies identified here nor the advisability of investing in securities generally for any particular individual.