There was no trading on the local stock exchange yesterday because of what has been described as a computer glitch.

Trading will resume on Monday.

Operations Manager of the Guyana Association of Securities Companies and Intermediaries Incorporated (GASCI), Clarence Perry said in a press release that every effort would be made to correct the problem in time for Monday’s trading. GASCI is the administrative agency for the exchange.

Perry told Stabroek News yesterday that orders placed through brokers for trading should not be affected and that shareholders should not lose their priority in which shares would be traded.

This is the first incident of its kind since the start of the stock exchange’s operations on June 30.

Yesterday’s session would have seen two new reporting issuers (stock trading companies) coming on board.

The Guyana Securities Council has recently registered Property Holdings Incorporated and Globe Trust and Investment Company Limited, therefore making them eligible to have their shares traded on the local stock exchange.

Twelve other companies are already on GASCI’s list of reporting issuers.