LUCAS STOCK INDEX (LSI) The Lucas Stock Index rose 0. 735 percent during the third period of trading in July 2023. Sale of shares was higher this period with 209,344 shares changing hands. Climbers asserted themselves in this period and enabled the LSI to gain nearly G$6.7B in value. The one Tumbler did not have enough power to overtake the five Climbers.
The stock price of Demerara Distillers Limited (DDL) regained some lost ground with an increase in value of 2.593 percent on the sale of 10,971 shares while the stock price of Citizen’s Bank Inc. rose 0.571 percent on the sale of 1,250 shares. Contributing also to the favourable movement of the index were the stocks of Banks DIH (DIH) and Demerara Bank Limited (DBL) whose stock prices moved 0.571 and 0.503 percent on the sale of 62,938 and 33,700 shares respectively. The LSI gained in value also from the stock price of Republic Bank Limited (RBL) which rose 0.192 percent on the sale of 100,100 shares.
The sole Tumbler was Demerara Tobacco Company (DTC) which lost 1.017 percent on the sale of 65 shares.
In the meanwhile, the stock price of Sterling Products Limited (SPL) remained unchanged on the sale of 320 shares.
The LSI closed at 1,603.825.
