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Sunlife Insurance Entrepreneurs to Sell Over 1.10m Shares, Valued at Tk 580m

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Sunlife Insurance

Eight entrepreneurs and directors of Sunlife Insurance listed in stock market have announced the sale of a total of 1 crore 10 lakh 28 thousand 281 shares they collectively hold, with a current market value exceeding BDT 58 crore 33 lakh 96 thousand 65 taka. This information comes from sources at the Dhaka Stock Exchange (DSE).

According to sources, Zahid Maleque, the sponsor of the company, plans to sell a total of 29 lakh 58 thousand shares. Other entrepreneurs, Mustaque Ahmed 7 lakh 94 thousand 672 shares, Shabana Maleque (7 lakh 15 thousand 213 shares, Kazi Aktar Hamid 7 lakh 76 thousand 378 shares, Rubina Hamid 17 lakh 56 thousand 760 shares, Rahat Maleque 30 lakh 49 thousand 800 shares, Saidur Rahman Khan 2 lakh 50 thousand 29 shares, and Advocate Shaila Ferdous 7 lakh 17 thousand 429 shares also intend to sell their shares. In total, these eight entrepreneurs and directors will sell 1 crore 10 lakh 28 thousand 281 shares with a current market value of Tk 58 crore 33 lakh 96 thousand 65.

These entrepreneurs and directors will be able to sell the mentioned quantity of shares in the block market of Dhaka Stock Exchange (DSE) within the next 30 working days.

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Bullish Market Skyrockets

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dse bourse indices turnover

Dhaka Stock Market DSE, Bourse on the last working day of the week, 25th July, ended with a hike in Indices and Turnover from the previous working session. This information is known from DSE sources.

497 crore 34 lakh taka shares were traded on this day. 337 crore 97 lakh more tradings were done in DSE today compared to the previous workday, July 24th, Shares worth Tk 159 crores 37 lakh shares were traded last time, Wednesday.

The benchmark DSEX increased 62.81 points or 5,413 The Shariah-based index DSES added 13.81 points or 1,183 and the blue-chip index DS30 gained by 24.25 points or 1,932.

Of the issues traded, 286 advanced, 66 declined and 40 remained unchanged.

Techno Drugs Limited ranked top gainer on DSE, the share price increased by Tk 3.80 paisa or 9.87 percent. On this day, the share was last traded at Tk 42.30 paisa.

Rangpur Foundry Limited ranked top loser on the DSE, the share price dropped by Tk 5.40 paisa or 2.98 percent. On this day, the share was last traded at Tk 175.70 paisa.

DSE topped on trade is Square Pharmaceuticals PLC 35 crore 9 lakh takas of company shares have been traded.

A total of 28 companies’ shares were traded in the Block on Dhaka Stock Exchange. A total of 82 lakh 94 thousand 29 shares of the companies were traded. The financial value of which is 21 crore 92 lakh taka

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Eastland Insurance releases Q2 Financials

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Eastland Insurance r

One of the listed companies, Eastland Insurance Company Limited discloses its financial reports for the second quarter, (April – June 24).

The company’s earnings per share (EPS) Tk 0.27 paisa in Q2 of the current financial year (April – June 24). EPS was Tk. 0.41 for January-June 2024 as against Tk. 1.47 for the same period last year. EPS  was Tk 0.80 paisa during the same period last year. NAV per share was Tk. 20.85  as of June 30, 2024.

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Shahjalal Islami Bank reveals unchanged Q2 Financials

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One of the listed companies, Shahjalal Islami Bank PLC discloses its financial reports for the second quarter, (April – June 24).

The company’s Consolidated earnings per share (EPS) Tk 1.50 paisa in Q2 of the current financial year (April – June 24). Consolidated EPS was Tk. 1.50 for January-June 2024 as against Tk. 1.47 for the same period last year. EPS  was Tk 0.80 paisa during the same period last year. Consolidated NAV per share was Tk. 20.85 as of June 30, 2024.

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