Hvar, the island in Adriatic Sea, is the longest and the sunniest Croatian island and one of the most beautiful islands in the world. It is a part of the central Dalmatian archipelago with the area of 299.6 sq km (length 68.2 km, width up to 10.5 km) and population of 10,648 inhabitants (2011).
The bid price is the highest price a buyer is willing to pay for a share of stock, and the ask price is the minimum the seller is willing to accept. The ask price is usually higher than the bid price. The difference between the bid and ask prices is the bid-ask spread, which narrows or widens depending on the trading volume. Stock exchanges typically use automated systems to match the bid and ask prices and fill orders.
The selling volume at the bid lowered the price. When a transaction occurs at the ask price it is known as ask volume. Assume someone is offering (Offer and Ask are used interchangeably) 100 shares at $10.01 and someone is also offering 100 shares at $10.02. When a trader buys 100 shares $10.01, that offer will disappear and the new offer will be the higher price of $10.02. The buying volume at the offer pushed up the price.