Stabroek News

Stock market updates

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GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 901’s trading results showed considerat­ion of $13,605,378 from 76,114 shares traded in 38 transactio­ns as compared to session 900’s trading results which showed considerat­ion of $35,707,095 from 340,135 shares traded in 35 transactio­ns. The stocks active this week were DIH, DDL, DTC, BTI and PHI.

Banks DIH Limited’s (DIH) fourteen trades totalling 58,119 shares represente­d 76.36% of the total shares traded. DIH’s shares were traded at a Mean Weighted Average Price (MWAP) of $79.8, which showed a decrease of $0.2 from its previous close of $80.0. DIH’s trades contribute­d 34.08% ($4,636,148) of the total considerat­ion. DIH’s first trade of 6,178 shares was at $79.0, its second to sixth trades totalling 20,000 shares were at $79.8, while its seventh to fourteenth trades totalling 31,941 were at $79.9.

Demerara Distillers Limited’s (DDL) six trades totalling 5,229 shares represente­d 6.87% of the total shares traded. DDL’s shares were traded at a Mean Weighted Average Price (MWAP) of $120.0, which showed no change from its previous close. DDL’s trades contribute­d 4.61% ($627,687) of the total considerat­ion. DDL’s first two trades totalling 1,820 shares were at $120.0, its third and fourth trades totalling 413 shares were at $120.5, while its fifth and sixth trades totalling 2,996 shares were at $120.0.

Demerara Tobacco Company Limited’s (DTC) eight trades totalling 1,767 shares represente­d 2.32% of the total shares traded. DTC’s shares were traded at a Mean Weighted Average Price (MWAP) of $1,037.5, which showed no change from its previous close. DTC’s trades contribute­d 13.47% ($1,833,264) of the total considerat­ion. All of DTC’s trades were at $1,037.5.

Guyana Bank for Trade and Industry Limited’s (BTI) nine trades totalling 8,999 shares represente­d 11.82% of the total shares traded. BTI’s shares were traded at a Mean Weighted Average Price (MWAP) of $721.0, which showed no change from its previous close. BTI’s trades contribute­d 47.69% ($6,488,279) of the total considerat­ion. All of BTI’s trades were at $721.0.

Property Holdings Incorporat­ed’s (PHI) single trade of 2,000 shares at $10.0 represente­d 2.63% of the total shares traded. PHI’s shares were traded at a Mean Weighted Average Price (MWAP) of $10.0, which showed no change from its previous close. PHI’s trade contribute­d 0.15% ($20,000) of the total considerat­ion.

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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