Stabroek News

Stock market updates

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GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 834’s trading results showed considerat­ion of $4,381,125 from 20,310 shares traded in 17 transactio­ns as compared to session 833’s trading results which showed considerat­ion of $13,060,439 from 108,366 shares traded in 18 transactio­ns. The stocks active this week were DIH, DDL, DTC, BTI, RBL and SPL.

Banks DIH Limited’s (DIH) six trades totalling 8,083 shares represente­d 39.80% of the total shares traded. DIH’s shares were traded at a Mean Weighted Average Price (MWAP) of $76.8, which showed an increase of $1.8 from its previous close of $75.0. DIH’s trades contribute­d 14.16% ($620,357) of the total considerat­ion. DIH’s first two trades totalling 2,483 shares were at $79.0, its third and fourth trades totalling 2,100 shares were at $77.0, while its fifth and sixth trades totalling 3,500 shares were at $75.0.

Demerara Distillers Limited’s (DDL) three trades totalling 2,895 shares represente­d 14.25% of the total shares traded. DDL’s shares were traded at a Mean Weighted Average Price (MWAP) of $81.0, which showed no change from its previous close. DDL’s trades contribute­d 5.35% ($234,495) of the total considerat­ion. All of DDL’s trades were at $81.0.

Demerara Tobacco Company Limited’s (DTC) two trades totalling 260 shares represente­d 1.28% of the total shares traded. DTC’s shares were traded at a Mean Weighted Average Price (MWAP) of $974.0, which showed a decrease of $1.0 from its previous close of $975.0. DTC’s trades contribute­d 5.78% ($253,240) of the total considerat­ion. Both of DTC’s trades were at $974.0.

Guyana Bank for Trade and Industry Limited’s (BTI) four trades totalling 1,672 shares represente­d 8.23% of the total shares traded. BTI’s shares were traded at a Mean Weighted Average Price (MWAP) of $606.1, which showed a decrease of $33.9 from its previous close of $640.0. BTI’s trades contribute­d 23.13% ($1,013,433) of the total considerat­ion. BTI’s first trade of 1,073 shares was at $606.0, its second trade of 160 shares was at $610.0, while its third and fourth trades totalling 439 shares were at $605.0.

Republic Bank (Guyana) Limited’s (RBL) single trade of 7,200 shares at $308.0 represente­d 35.45% of the total shares traded. RBL’s shares were traded at a Mean Weighted Average Price (MWAP) of $308.0, which showed an increase of $33.0 from its previous close of $275.0. RBL’s trade contribute­d 50.62% ($2,217,600) of the total considerat­ion.

Sterling Products Limited’s (SPL) single trade of 200 shares at $210.0 represente­d 0.99% of the total shares traded. SPL’s shares were traded at a Mean Weighted Average Price (MWAP) of $210.0, which showed an increase of $5.0 from its previous close of $205.0. SPL’s trade contribute­d 0.96% ($42,000) 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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