Stock market update
Share prices stablise
Stabroek News
April 23, 2004
The prices for the shares in DIH, DDL and NBI stayed rather flat this week, with purchases stemming the downward drift experienced over the last three weeks. Trading activity centered around DIH, DDL and NBI shares.
A total of 54,391 DIH shares exchanged hands from a total of 73,931 shares traded. This represents 74.3% of all shares traded, garnering $324,093 or 65.3% of the total consideration of $496,293. Shares in DIH begun trading at a price of $5.9 from the previous close and remained at that price throughout the trading session.
Another 14.8% of trades involved 11,000 DDL shares which were traded at the previous session's closing price of $7.0 staying at that price throughout the session and contributing $77,000 to the total consideration.
The remaining 8,000 shares traded were those of NBIC which were traded at a Mean Weighted Average Price (MWAP) of $11.9, the same price as the previous close, generating 19.2% of the total consideration for session 42.
Trading on the Stock Exchange continues next Monday at 10 AM at the offices of GASCI located on the corner of Avenue of the Republic and Robb Street.