Stock Market Updates
GSE (https://guyanastockexchangeinc.com/telephone Nº 223-6175/6) reports that session 1063’s trading results showed consideration of $10,764,446 from 43,822 shares traded in 40 transactions as compared to session 1062’s trading results, which showed consideration of $7,033,448 from 30,947 shares traded in 19 transactions. The stocks active this week were DIH, CCI, DDL, DTC, BTI, GSI, PHI and RBL.
Banks DIH Limited’s (DIH) ten trades totalling 27,986 shares represented 63.86% of the total shares traded. DIH’s shares were traded at a Mean Weighted Average Price (MWAP) of $138.4, which showed a decrease of $1.6 from its previous close of $140.0. DIH’s trades contributed 35.99% ($3,874,290) of the total consideration. DIH’s first trade of 550 shares was at $135.0, its second trade of 1,000 shares was at $139.0, its third to fifth trades totalling 13,280 shares were at $140.0, its sixth trade of 10,000 shares was at $136.0, while its seventh to tenth trades totalling 3,156 shares were at $140.0.
Caribbean Container Incorporated’s (CCI) three trades totalling 800 shares represented 1.82% of the total shares traded. CCI’s shares were traded at a Mean Weighted Average Price (MWAP) of $200.0, which showed no change from its previous close. CCI’s trades contributed 1.49% ($160,000) of the total consideration. All of CCI’s trades were at $200.0.
Demerara Distillers Limited’s (DDL) seven trades totalling 2,621 shares represented 5.98% of the total shares traded. DDL’s shares were traded at a Mean Weighted Average Price (MWAP) of $205.7, which showed a decrease of $2.3 from its previous close of $208.0. DDL’s trades contributed 5.01% ($539,098) of the total consideration. DDL’s first trade of 937 shares was at $208.0, its second trade of 80 shares was at $201.0, its third and fourth trades totalling 520 shares were at $200.0, its fifth trade of 450 shares was at $205.0, while its sixth and seventh trades totalling 634 shares were at $208.0.
Demerara Tobacco Company Limited’s (DTC) ten trades totalling 1,524 shares represented 3.48% of the total shares traded. DTC’s shares were traded at a Mean Weighted Average Price (MWAP) of $2,577.1, which showed a decrease of $2.9 from its previous close of $2,580.0. DTC’s trades contributed 36.49% ($3,927,560) of the total consideration. DTC’s first three trades totalling 73 shares were at $2,580.0, its fourth and fifth trades totalling 640 shares were at $2,575.0, its sixth to eighth trades totalling 231 shares were at $2,580.0, while its ninth and tenth trades totalling 580 shares were at $2,578.0.
Guyana Bank for Trade and Industry Limited’s (BTI) two trades totalling 100 shares represented 0.23% of the total shares traded. BTI’s shares were traded at a Mean Weighted Average Price (MWAP) of $1,620.0, which showed a decrease of $15.0 from its previous close of $1,635.0. BTI’s trades contributed 1.50% ($162,000) of the total consideration. Both of BTI’s trades were at $1,620.0.
Guyana Stockfeeds Incorporated’s (GSI) two trades totalling 121 shares represented 0.28% of the total shares traded. GSI’s shares were traded at a Mean Weighted Average Price (MWAP) of $110.0, which showed no change from its previous close. GSI’s trades contributed 0.12% ($13,310) of the total consideration. Both of GSI’s trades were at $110.0.
Property Holdings Incorporated’s (PHI) two trades totalling 6,007 shares represented 13.71% of the total shares traded. PHI’s shares were traded at a Mean Weighted Average Price (MWAP) of $14.0, which showed no change from its previous close. PHI’s trades contributed 0.78% ($84,098) of the total consideration. Both of PHI’s trades were at $14.0.
Republic Bank (Guyana) Limited’s (RBL) four trades totalling 4,663 shares represented 10.64% of the total shares traded. RBL’s shares were traded at a Mean Weighted Average Price (MWAP) of $429.8, which showed a decrease of $0.2 from its previous close of $430.0. RBL’s trades contributed 18.62% ($2,004,090) of the total consideration. RBL’s first three trades totalling 1,000 shares were at $429.0, while its fourth trade of 3,663 shares was at $430.0.
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.
Notes
1 - Interim Results
2 - Prospective Dividends
3 - Shows year-end EPS but Interim Dividend
4 - Shows Interim EPS but year-end Dividend
EPS: earnings per share for 12 months period to the date the latest financials have been prepared. These include:
2016 - Final results for CJL and PHI.
The market information provided here is provided for informational and educational purposes only and is provided on a time-delayed basis. GASCI does not guarantee the accuracy or completeness of any information contained on this page. Although the information has been obtained by GASCI from sources believed to be reliable, it is provided on an "as is" basis without warranties of any kind. GASCI assumes no responsibility for the consequences of any errors or omissions. GASCI does not make or has not made any recommendation regarding any of the securities issued by any of the companies identified here nor the advisability of investing in securities generally for any particular individual.
From 1B
mostly Middle-Eastern clutch of petro giants that include oil behemoths like Saudi Arabia and Kuwait, ever seeking to hold a strategic advantage in the battle for control over oil supplies. It is in this cauldron of ‘high level’ petro politics that Guyana now appears to find itself.
Recently, Guyana was named by the International Energy Agency (IEA) as one of four countries, all non-members of the Organization of Petroleum Exporting Countries (OPEC), that will drive nearterm global oil and liquids production to offset voluntary production cuts by OPEC, the United States Energy Agency (EIA) forecasted last week. The envisaged likely boost in supplies has come as the OPEC member countries and their allies, known as OPEC+ - Azerbaijan, Bahrain, Brunei, Kazakhstan and Malaysia agreed to extend voluntary output cuts at 2.2 million barrels of oil per day in a bid to secure higher prices. Simply put, it amounts to a high stakes game to impact global oil prices through supply manipulation. The U.S., Canada, Brazil and Guyana account for more than 80% of global supply growth in the EIA’s current forecast. Petroleum liquids production by members of OPEC + is expected to fall by 1 million barrels per day (bpd) in 2024, while non-members’ supply is expected to increase by1.4 million bpd, with the United States being the biggest producer in the group, according to the EIA.