DFCC Isnt the average price wrong?

tj · 1 DFCC Isnt the average price wrong? Wed Aug 24, 2011 2:40 am

tj

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Traded Price (Rs.) Trade Volume Value
136 11 1,496
135.5 100 13,550
135.5 4,000.00 542,000
135.5 86 11,653
136 500 68,000
136.5 400 54,600
136 1 136
137 200 27,400
137 200 27,400
137 4,000.00 548,000
137 200 27,400
137 100 13,700
137 200 27,400
137 200 27,400
137 5,000.00 685,000
137 100 13,700
138 100 13,800
137 800 109,600
137.1 100 13,710
138 100 13,800
Total 16398 2,239,745

Avg price 136.59
I took the above transaction data from CSE site. Accordingly average price is 136.60
Can some one please tell me how they have disclosed average price is 135.60.
Simply looking at transacted prices you can see it cannot be 135.6.
Have i done a mistake?

TJ
i have attached the excel file also if the numbers are not clear

Slstock · 2 Re: DFCC Isnt the average price wrong? Wed Aug 24, 2011 3:05 am

Slstock

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The whole day Average price maybe different from Closing Price.

AT CSE closing price is "the calculation of average closing price for each security taking into consideration the last one hour’s trading from the last trade."

Hope this clears the confusion

windi5 · 3 Re: DFCC Isnt the average price wrong? Wed Aug 24, 2011 8:57 am

windi5

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What is this newshow. He talks about DFCC,u are talking about a DVD. Very Happy

MarketW · 4 Re: DFCC Isnt the average price wrong? Wed Aug 24, 2011 9:52 am

MarketW

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ALL HAS GONE CRAZY.....lol affraid

tj · 5 Re: DFCC Isnt the average price wrong? Wed Aug 24, 2011 10:28 am

tj

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@slstock

Thank you for the explanation. I was not aware of this. I thought it was the average for the day.

TJ

Chinwi · 6 Re: DFCC Isnt the average price wrong? Wed Aug 24, 2011 10:35 am

Chinwi

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windi5 wrote:What is this newshow. He talks about DFCC,u are talking about a DVD.

Don't you know ?
Medium DVD PLC - IPO opening tomorrow, offered @ 20.00 rupees. .
DFCC got it @ 2.50 at the Private Placement.

I hope it will trade over 100.00 in the market. - The best Blue film maker.
The prospectus says the IPO shareholders will get chances to become film-stars.

Slstock · 7 Re: DFCC Isnt the average price wrong? Wed Aug 24, 2011 10:42 am

Slstock

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Chinwi wrote:

windi5 wrote:What is this newshow. He talks about DFCC,u are talking about a DVD.

Don't you know ?
Medium DVD PLC - IPO opening tomorrow, offered @ 20.00 rupees. .
DFCC got it @ 2.50 at the Private Placement.

I hope it will trade over 100.00 in the market. - The best Blue film maker.
The prospectus says the IPO shareholders will get chances to become film-stars.