Stock market updates
reports that trading results showed consideration of $3,227,483 from 37,385 shares traded in 9 transactions as compared to trading results which showed consideration of $4,869,575 from 10,948 shares traded in 8 transactions. The stocks active this week were DIH, DDL and BTI.
Banks DIH Limited’s (DIH) three trades totaling 15,625 shares represented 41.79% of the total shares traded. DIH’s shares were traded at a Mean Weighted Average Price (MWAP) of $35.0, which showed no change from its previous close. DIH’s trades contributed 16.94% ($546,875) of the total consideration. All of DIH’s trades were at $35.0.
Demerara Distillers Limited’s (DDL) four trades totaling 16,760 shares represented 44.84% of the total shares traded. DDL’s shares were traded at a Mean Weighted Average Price (MWAP) of $25.7, which showed an increase of $0.1 from its previous close of $25.6. DDL’s trades contributed 13.34% ($430,608) of the total consideration. DDL’s first, second and third trades totaling 12,880 shares were at $25.6, while its fourth trade of 3,880 shares was at $26.0.
Guyana Bank for Trade and Industry Limited’s (BTI) two trades totalling 5,000 shares represented 13.37% of the total shares traded. BTI’s shares were traded at a Mean Weighted Average Price (MWAP) of $450.0, which showed no change from its previous close. BTI’s trades contributed 69.72% ($2,250,000) of the total consideration. Both of BTI’s trades were at $450.0.
Best bid: The highest price that a buyer is willing to pay for a security. The lowest price at which a seller is offering to sell securities.
TERM OF THE WEEK
Process by which a mutual organisation such as a building society or insurance company converts into a limited liability company. Contact Information: Tel: 223 – 6175/6 Email: info@gasci.com gasci@networksgy.com Website: www.gasci.com