Stock market update
GBTI PRICE UP $4 Property Holdings comes out of hibernation
Stabroek News
April 9, 2004
Stocks pushed forward again during Monday's trading with results showing a counter-action to the downward price trend experienced in session 39 when shares in DIH and DDL drifted lower than previous weeks.
A total of 316,337 DIH shares exchanged hands on Monday from a total of 386,083 shares traded. This represents 78% of all shares traded garnering $1,825,738 of the total consideration of $2,347,460. Shares in DIH begun trading at $5.8, dropping to $5.7 and finally ending the session at a price of $5.9. The Mean Weighted Average Price, MWAP for DIH shares during session 40 was $5.8.
Another 17.4 % of trade involved 67,246 shares in DDL which were traded at an opening price of $7.0 staying at that price throughout the session and until the final trade of the Company's shares.
1,500 BTI shares were also traded at $30, up $4 from the opening price of $26 whilst 1,000 shares in Property Holdings Inc, PHI changed hands at $6.0.
Trading on the Stock Exchange continues next Wednesday at 10 AM at the offices of GASCI located on the corner of Avenue of the Republic and Robb Street.