Stocks
DSE to begin trading on ATB this October
Exchanging on the alternative trading board (ATB) of Dhaka bourse is tend to begin at the end of this month as all preparations to this end have already been finished.
At first, the trading shall commence with the listing of 4 securities, according to Dhaka Stock Exchange (DSE) officials.
“The companies are working to dematerialize (demat) their shares. We are hoping the trade of the securities on ATB to start from October 20-25,” said DSE managing director M Shaifur Rahman Mazumdar.
He said the ATB rules are now in the process of printing and the DSE is accelerating other jobs to start the trading on the board.
“We are hoping the trade shall begin through the listing of 3 companies and one debt securities,” said the DSE official.
The Bangladesh Securities and Exchange Commission (BSEC) previously approved the rules for the ATB to facilitate the growth of non-listed companies, any kind of bonds, debenture, Sukuk, open-end mutual funds and alternative investment funds.
The regulator paved the way for the ATB in order to diversify the country’s stock market along with enhancing the exchange’s revenue income.
As per the rules, the companies will not raise funds through ATB.
“Their shares will be traded on the ATB. The brokerage firms will help transfer the shares which will be listed on the ATB,” said the DSE managing director Mr. Rahman.
Presently, there are two boards on the premier bourse. They are main board and SME board.
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
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.
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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