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.
Dhaka Stock Exchange DSE, Bourses on the first working day of the week, March 27, ended with price index drops & turnover hikes.
This information is known from DSE sources.
317 crores 60 lakh shares were traded in DSE on this day. 30 crores 62 lakhs more trading was done in DSE today compared to the previous workday, 23 March, Shares worth Tk 286 crores 97 lakh shares were traded in DSE last time, Thursday.
The benchmark index DSEX dropped 11.38 points or 6,203. The Shariah-based index DSES shed 3.56 points or 1,349, and the blue-chip index DS30 lost 2.60 points or 2,215.
Of the issues traded, 28 advanced, 72 declined, and 183 remained unchanged.
Legacy Footwear Limited ranked top gainer on DSE, the share price increased by Tk 5.6 paisa or 9.96 percent. On this day, the share was last traded at Tk 61.80 paisa.
On the other hand, Islamui Commercial Insurance Company Ltd ranked top loser on the DSE, the share price dropped by Tk 1.3 paisa or 4.71 percent. On this day, the share was last traded at Tk 26.30 paisa.
DSE topped on trade Unique Hotel & Resorts PLC 41 crores 52 lakh 86 thousand takas of shares of the company have been traded.
A total of 52 companies’ shares were traded in the Block on Dhaka Stock Exchange, 25 lakh 74 thousand 877 shares of the companies were traded. The financial value of which is 18 crore 76 lakh taka.
One of the listed companies, Salvo Chemical Industry Limited, discloses its financial reports for the second quarter, (October-December 22). This source is known from DSE.
The company’s earnings per share (EPS) was Tk 0.37 paisa in Q2 of the current financial year. EPS was Tk 0.80 paisa during the same period last year. As of December 31, 2022, net asset value (NAVPS) was loss of Tk 15.42 paisa.
The company reported EPS has been decreased due to increase in costs because of high raw material price in local and import prices, currency devaluation and increase in energy price which adversely affected overall profitability of the Company.
/NR
One of the Listed Companies, Prime Islami Life Insurance Limited has recommended 2 percent cash Dividend to its investors for the Financial Year ending December 31, 2022.
This source is known from DSE.
The Annual General Meeting (AGM) of the company will be held on May 29 through the digital platform. The record date for this has been fixed at April 17.
/NR
