Stabroek News

Stock market updates

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(www.gasci.com/telephone Nº GASCI 223-6175/6) session 741’s

reports that trading results showed considerat­ion of $27,708,720 from 206,687 shares traded

session in 9 transactio­ns as compared to

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.

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