Stabroek News

Stock market updates

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GASCI (www.gasci.com/telephone Nº 223-6175/6) session 762’s reports that trading results showed considerat­ion of $4,685,043 from 25,094 shares traded in session 18 transactio­ns as compared to 761’s

trading results which showed considerat­ion of $20,735,105 from 251,919 shares traded in 30 transactio­ns. The stocks active this week were DIH, DBL, DDL, DTC, BTI and RBL.

Banks DIH Limited’s (DIH) two trades totalling 9,000 shares represente­d 35.87% of the total shares traded. DIH’s shares were traded at a Mean Weighted Average Price (MWAP) of $50.0, which showed an increase of $3.0 from its previous close of $47.0. DIH’s trades contribute­d 9.60% ($450,000) of the total considerat­ion. Both of DIH’s trades were at $50.0.

Demerara Bank Limited’s (DBL) two trades totaling 2,000 shares represente­d 7.97% of the total shares traded. DBL’s shares were traded at a Mean Weighted Average Price (MWAP) of $41.6, which showed an increase of $5.6 from its previous close of $36.0. DBL’s trades contribute­d 1.77% ($83,000) of the total considerat­ion. DBL’s first trade of 1,000 shares was at $40.0, while its second trade of 1,000 shares was at $43.0.

Demerara Distillers Limited’s (DDL) single trade of 4,000 shares at $35.0 represente­d 15.94% of the total shares traded. DDL’s shares were traded at a Mean Weighted Average Price (MWAP) of $35.0, which showed no change from its previous close. DDL’s trade contribute­d 2.99% ($140,000) of the total considerat­ion.

Demerara Tobacco Company Limited’s (DTC) two trades totalling 152 shares represente­d 0.61% of the total shares traded. DTC’s shares were traded at a Mean Weighted Average Price (MWAP) of $900.0, which showed no change from its previous close. DTC’s trades contribute­d 2.92% ($136,800) of the total considerat­ion. Both of DTC’s trades were at $900.0.

Guyana Bank for Trade and Industry Limited’s (BTI) nine trades totalling 7,942 shares represente­d 31.64% of the total shares traded. BTI’s shares were traded at a Mean Weighted Average Price (MWAP) of $448.9, which showed an increase of $8.9 from its previous close of $440.0. BTI’s trades contribute­d 76.10% ($3,565,243) of the total considerat­ion. BTI’s first three trades totaling 2,900 shares were at $445.0, its fourth to sixth trades totaling 4,529 shares were at $452.0, its seventh trade of 383 shares was at $445.0,while its eighth and ninth trades totaling 130 shares were at $440.0.

Republic Bank (Guyana) Limited’s (RBL) two trades totaling 2,000 shares represente­d 7.97% of the total shares traded. RBL’s shares were traded at a Mean Weighted Average Price (MWAP) of $155.0, which showed an increase of $2.0 from its previous close of $153.0. RBL’s trades contribute­d 6.62% ($310,000) of the total considerat­ion. Both of RBL’s trades were at $155.0.

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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