Stocks
‘World Investor Week’ to begin on 3 October
The 6th annual World Investor Week is scheduled to begin on Monday, 3 October on the premises of the Bangladesh Securities and Exchange Commission, BSEC, and continue till 9 October.
The International Organization of Securities Commissions (IOSCO) will launch the program and the BSEC, along with the capital market stakeholders, will observe to stress the importance of investors’ knowledge about the capital market, and their protection.
The key messages of the campaign will be based on two themes: investor resilience and sustainable finance. These messages complement those of previous editions, such as fraud and scam prevention, and crypto assets.
Abdur Rauf Talukder, governor of the Bangladesh Bank, will attend the inauguration ceremony as chief guest, while BSEC Chairman Professor Shibli Rubayat-Ul-Islam will preside over it. Sheikh Mohammad Salim Ullah, secretary of the Financial Institutions Division, will attend as a special guest.
The IOSCO is a leading international policy forum and a global standard setter for securities regulators. The organization’s membership regulates more than 95pc of the world’s securities markets in some 130 jurisdictions, and it continues to expand.
Ashley Alder, chair of the IOSCO board and the chief executive officer of the Hong Kong Securities and Futures Commission welcomes this 6th edition of the IOSCO World Investor Week.
“During the last two years, we have seen a growing number of retail investors participating in securities markets, in the context of the global pandemic. Those investors are facing new challenges, such as inflationary pressures and the uncertainties deriving from geopolitical tensions,” he said.
“Financial education and investor protection play a critical role in enhancing investor resilience and confidence to participate in financial markets on a properly informed basis,” he added.
Stocks
Indices Negative Amidst Turnover Hikes
Dhaka Stock Market DSE, Bourse on the second working day of the week, 30th September, ended with a negative performance in Indices and a hike in Turnover from the previous working session. This information is known from DSE sources.
503 crore 90 lakh taka shares were traded on this day. 22 crore 58 lakh more tradings were done in DSE today compared to the previous workday, 29th September, Shares worth Tk 481 crores 31 lakh shares were traded last time, Sunday.
The benchmark DSEX lost 33.61 points or 5,624 The Shariah-based index DSES dropped 7.36 point or 1,263 and the blue-chip index DS30 decreased by 9.57 points or 2,053.
Of the issues traded, 72 advanced, 299 declined and 25 remained unchanged.
Shahjibazar Power Company Limited ranked top gainer on DSE, the share price increased by Tk 4.00 paisa or 9.76 percent. On this day, the share was last traded at Tk 45.00 paisa.
Dhaka Electric Supply Company Limited ranked top loser on the DSE, the share price dropped by Tk 1.80 paisa or 7.56 percent. On this day, the share was last traded at Tk 22.00 paisa.
DSE topped on trade is Pragati Life Insurance Limited 25 crore 35 lakh takas of company shares have been traded.
A total of 27 companies’ shares were traded in the Block on Dhaka Stock Exchange. A total of 1 crore 50 lakh 42 thousand 956 shares of the companies were traded. The financial value of which is 65 crore 60 lakh taka
Stocks
National Polymer Announce Their Dividends & Q2 Financials
One of the Listed companies, National Polymer Limited has recommended 10.50% Cash Dividend for the year ended June 30, 2024.
It has reported Consolidated EPS of Tk 2.27 paisa, and Consolidated NAV per share of Tk 30.63 for the year ended March 31, 2024.
The Annual General Meeting (AGM) of the company will be held on December 18, through the digital platform. The record date for this has been fixed at October 22.
The Company also discloses its financial reports for the second quarter, (April – June 24).
As per the company’s consolidated life revenue account for April to June 2024, the excess of total income over total expenses, including claims (surplus), stood at Tk 1,394.24 million. This marks a significant increase from the surplus of Tk 823.68 million during the same period in 2023.
For the first half of 2024, from January to June, the company reported a surplus of Tk 2,177.57 million, compared to Tk 1,290.39 million in the corresponding period of the previous year.
Additionally, the Life Insurance Fund balance as of June 30, 2024, reached Tk 55,188.62 million, showing a net increase of Tk 5,892.25 million from Tk 49,296.37 million on June 30, 2023.
Stocks
Beacon Pharma Declares Their Dividends
One of the Listed companies, Beacon Pharmaceuticals PLC has recommended 20% Cash dividend and 10% Cash Dividend to Sponsor Shareholder and Directors for the year ended June 30, 2024.
It has reported EPS of Tk 2.26 paisa, and NAV per share of Tk. 26.37 for the year ended June 30, 2024.
The Annual General Meeting (AGM) of the company will be held on December 23, through the digital platform. The record date for this has been fixed at October 27.
You must be logged in to post a comment Login