Business

LUCAS STOCK INDEXThe Lucas Stock Index (LSI) recorded a slight gain of 0.30 per cent during the first week of trading in July 2013.  With a mixed trading volume among seven companies, a total of 148,000 stocks in the index changed hands this week.  There was one Climber and one Tumbler, while there was no movement for the stocks of five companies.  The Climber this week was Guyana Bank for Trade and Industry (BTI) which rose 5.56 per cent on the sale of 4,200 shares.  The Tumbler was Demerara Tobacco Company (DTC) which fell by 2.05 percent on the sale of 100 shares.  Sterling Products Limited (SPL) traded 3,000 shares with no change in value.  Equally light trading was seen from Bank DIH (DIH), 3,200 shares and Citizens Bank Incorporated (CBI) 100 shares.  Larger trading volumes from Demerara Bank Limited (DBL), 82,700 shares and Demerara Distillers Limited (DDL), 54,700 shares also saw no change in value.
LUCAS STOCK INDEXThe Lucas Stock Index (LSI) recorded a slight gain of 0.30 per cent during the first week of trading in July 2013. With a mixed trading volume among seven companies, a total of 148,000 stocks in the index changed hands this week. There was one Climber and one Tumbler, while there was no movement for the stocks of five companies. The Climber this week was Guyana Bank for Trade and Industry (BTI) which rose 5.56 per cent on the sale of 4,200 shares. The Tumbler was Demerara Tobacco Company (DTC) which fell by 2.05 percent on the sale of 100 shares. Sterling Products Limited (SPL) traded 3,000 shares with no change in value. Equally light trading was seen from Bank DIH (DIH), 3,200 shares and Citizens Bank Incorporated (CBI) 100 shares. Larger trading volumes from Demerara Bank Limited (DBL), 82,700 shares and Demerara Distillers Limited (DDL), 54,700 shares also saw no change in value.

Are small businesses being shortchanged?

Tax policy There is a tendency to use tax policy and not monetary policy to encourage investment in the country and to persuade foreigners to join the investment effort. 

Miners keeping keen eye on price of gold

As the price of gold tumbled further, yesterday’s Annual General Meeting (AGM) of the Guyana Gold and Diamond Miners Association (GGDMA) was expected to focus on, among other things, likely engagements with government on concessions for the sector in the event it slipped into a free fall.

Laluni’s farm to market road is ‘hell’ to traverse except by tractor and trailer

Potential stifled by constraints at Laluni

Laluni is a microcosm of many farming communities along the Soesdyke/Linden Highway, where farming has been done for almost four decades by groups of migrants from various parts of the country who went there seeking betterment by transforming idle, arable lands into key centres of agricultural production.

The Caliente boutique

The Courtyard Mall and the Caliente

The advent of urban shopping malls in Guyana has accommodated a surfeit of small businesses — retail trade pursuits that include cafeterias, costume jewellery shops and boutiques.

Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 517’s trading results showed consideration of $380,394 from 20,746 shares traded in 10 transactions as compared to session 516 which showed consideration of $15,757,600 from 775,492 shares traded in 18 transactions. 

Marriott, so what!

Tying a makeshift hammock and grabbing a siesta in the shadow of the partially constructed Marriott Hotel would probably by considered be the authorities to be – at the very least – in bad taste

 Lance Hinds

Guyana trailing region in ICT sector – Hinds

Guyana continues to lag behind other Caribbean countries in the Information and Communication Technology Sector (ICT) despite the manifest potential of the sector to contribute to the country’s development, Senior Vice President of the Georgetown Chamber of Commerce and Industry (GCCI) Lance Hinds told a forum at the Pegasus Hotel last week.

Today's Paper

The ePaper edition, on the Web & in stores for Android, iPhone & iPad.

Included free with your web subscription. Learn more.