Stock market updates

GASCI (www.gasci.com/telephone No 223-6175/6) reports that session 225’s trading results showed consideration of $6,682,987 from 536,535 shares traded in 15 transactions as compared to session 224 which showed consideration of $407,900 from 13,100 shares traded in 5 transactions. The stocks active during this week’s session were DIH, DBL, DDL and RBL.

Banks DIH Limited’s (DIH) 70,000 shares represented 13.05% of the total shares traded. DIH’s shares were traded at a Mean Weighted Average Price (MWAP) of $9.9, which showed no change from previous close. DIH’s four trades contributed 10.37% ($693,000) of the total consideration. All of DIH’s trades were at $9.9.

Demerara Bank Limited’s (DBL) 448,235 shares represented 83.54% of the total shares traded. DBL’s shares were traded at a Mean Weighted Average Price (MWAP) of $12.8, which showed a decrease of $1.2 from its previous close of $14.0. DBL’s seven trades contributed 85.91% ($5,741,041) of the total consideration. DBL’s first trade crossed the floor at $14.0, the second trade at $13.1, the third at $13.0, the fourth at $11.0, the fifth at $10.2, the sixth at $10.1 and the seventh was at $10.0.

Demerara Distillers Limited’s (DDL) three trades totalling 16,200 shares represented 3.02% of the total shares traded. DDL’s shares were traded at a Mean Weighted Average Price (MWAP) of $8.9, which showed a decrease of $0.1 from its previous close of $9.0. DDL’s trades contributed 2.15% ($143,946) of the total consideration. DDL’s first trade of 2,334 shares crossed the floor at $8.8 while the second and third trades totalling 13,866 shares were at $8.9.

Republic Bank (Guyana) Limited’s (RBL) single trade of 2,100 shares at $50.0 represented 0.39% of the total shares traded. RBL’s shares were traded at a Mean Weighted Average Price (MWAP) of $50.0, which showed no change from its previous close. RBL’s trade contributed 1.57% ($105,000) of the total consideration.