Stocks
BSEC Chief Urges Bangladesh Bank’s Active Role in Strengthening Stock Market Dynamics
The Chairman of the Bangladesh Securities and Exchange Commission (BSEC), Professor Shibli Rubayat-ul Islam, has urged the collaboration of the Bangladesh Bank to enhance liquidity in the country’s stock market.
This proposal was made during the New Year’s exchange of greetings between the heads of the two regulatory bodies, discussing pivotal issues related to the stock market’s dynamics. The meeting focused on strategies to bolster the capital market, particularly addressing the challenges and opportunities prevalent in the current economic landscape.
In the discussions held during the auspicious occasion of the new year, the leaders delved into the intricacies of augmenting liquidity in the stock market and fostering overall economic growth. Their dialogue encompassed various facets of the financial sector, with a special emphasis on analyzing the current state of the economy durng the general election. Both entities expressed a shared commitment to ensuring the stability and progress of the financial market, outlining plans for comprehensive discussions on the economic outlook in the upcoming days.
BSEC spokesperson Mohammad Rezaul Karim provided insights into the meeting, emphasizing that the dialogue aimed at fortifying the financial market’s resilience and facilitating collaborative efforts for sustained economic development. Chairman Shibli Rubayat-ul Islam reassured stakeholders that, during the election, the stock market in Bangladesh would remain robust and continue contributing to the nation’s economic progress.
As the financial regulatory bodies embark on collaborative endeavors to address liquidity challenges, their unified vision is poised to shape the economic landscape positively. The discussions align with the shared goal of ensuring the stock market’s stability and its pivotal role in propelling Bangladesh towards sustained economic prosperity.
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.
