Stock Market update
GSI down to $13
Business December 3, 2004
Stabroek News
December 3, 2004
Session 75 trading results showed a consideration of $1,085,481 from shares traded from 14 transactions, compared to the previous week's result of 4,845,139 shares at a total consideration of $25,951,053. Three (3) stocks were active this week namely NBI, DIH and GSI.
Trades in DIH involved 101,882 shares (75.53%) changing hands at a Mean Weighted Average Price, MWAP of $6.7 and adding $678,325 (62.49%) to the total consideration. The stocks begun trading at $6.5 and with two modest gains, worked their way to $7.2 before falling steeply to $6.6 then finally to $6.5.
Trades in GSI involved 19,500 shares (14.45%), trading at a Mean Weighted Average Price, MWAP of $12.6 and adding $245,000 (22.57%) to the total consideration. Shares in GSI begun trading at $12.5, trailing the previous close by $2.4 and improving to $13.0 before the session ended.
Finally, trading in NBI involved 13,513 shares (10.02%), trading at a Mean Weighted Average Price, MWAP of $12, which showed no change from the previous close and added $162,156 (14.94%) to the consideration.
Latest information can be obtained from the website WWW.GASCI.COM or by calling the Stock Exchange on telephone numbers 223-6175-6.