Stabroek News

Stock market updates

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GASCI (www.gasci.com/telephone Nº 223-6175/6) session 746’s reports that trading results showed considerat­ion of $6,762,950 from 63,504 shares traded in 7 session 745’s transactio­ns as compared to trading results which showed considerat­ion of $25,317,802 from 543,145 shares traded in 9 transactio­ns. The stocks active this week were DIH, DTC, BTI and RBL.

Banks DIH Limited’s (DIH) two trades totalling 17,500 shares represente­d 27.56% of the total shares traded. DIH’s shares were traded at a Mean Weighted Average Price (MWAP) of $37.3, which showed a decrease of $0.7 from its previous close of $38.0. DIH’s trades contribute­d 9.63% ($651,200) of the total considerat­ion. DIH’s first trade of 12,900 shares was at $38.0, while its second trade of 4,600 shares was at $35.0.

Demerara Tobacco Company Limited’s (DTC) single trade of 504 shares at $875.0 represente­d 0.79% of the total shares traded. DTC’s shares were traded at a Mean Weighted Average Price (MWAP) of $875.0, which showed no change from its previous close. DTC’s trade contribute­d 6.52% ($441,000) of the total considerat­ion.

Guyana Bank for Trade and Industry Limited’s (BTI) three trades totalling 500 shares represente­d 0.79% of the total shares traded. BTI’s shares were traded at a Mean Weighted Average Price (MWAP) of $451.5, which showed an increase of $1.5 from its previous close of $450.0. BTI’s trades contribute­d 3.34% ($225,750) of the total considerat­ion. BTI’s first two trades totalling 150 shares were at $455.0, while its third trade of 350 shares was at $450.0.

Republic Bank (Guyana) Limited’s (RBL) single trade of 45,000 shares at $121.0 represente­d 70.86% of the total shares traded. RBL’s shares were traded at a Mean Weighted Average Price (MWAP) of $121.0, which showed a decrease of $9.0 from its previous close of $130.0. RBL’s trade contribute­d 80.51% ($5,445,000) 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.

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