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Asiatic Laboratories bidding to begin Monday

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Asiatic Laboratories

Drug & Medicine manufacturing company, Asiatic Laboratories Ltd, is coming to the stock market through book building. The company’s bidding (auction) date has been fixed. Bidding for the company will begin Monday, October 10, at 3 pm and then continue until 3 pm on Thursday, October 13.

This information is collected from DSE sources.

The stock market regulator Bangladesh Securities and Exchange Commission, BSEC has given access to the company for bidding on August 31. The company will raise Tk 95 crore from the stock market.

As per book building method IPO rules, shares reserved for institutional investors will be sold first. Shares will be sold to regular investors in the IPO at the price at which the sale of the reserved shares will be completed, 30pc or 20 takas, whichever is lower, than the price (cut-off price).

According to sources, the net asset value (NAV) per share of the company after revaluation was Tk 56 61 paisa as per the audited financial report for the financial year ending June 30, 2021. And excluding revaluation, the company’s net asset value per share (NAV) was Tk 35 48 paisa. The five-year weighted average earnings per share (EPS) was Tk 3.21 paisa.

Based on the conditions laid down by the BSEC for approval of the IPO, the company cannot declare, approve or distribute any dividend prior to listing.

 

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Indices Dips Amidst Turnover Surge in DSE

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Bourse dse turnover indices stock market

Dhaka Stock Exchange DSE, Bourse on the last working day of the week, 16th May, ended with a drop in Indices and hike in Turnover from the previous working session. This information is known from DSE sources.

676 crore 79 lakh taka shares were traded on this day. 150 crore 46 lakh more tradings were done in DSE today compared to the previous workday, 15th May , Shares worth Tk 526 crores 33 lakh shares were traded last time, Wednesday.

The benchmark DSEX lost 9.98 points or 5,517 The Shariah-based index DSES dropped 0.80 points or 1,212, and the blue-chip index DS30 decreased by 3.79 points or 1,973.

Of the issues traded, 122 advanced, 215 declined and 57 remained unchanged.

MBL 1st Mutual Fund ranked top gainer on DSE, the share price increased by Tk 0.50 paisa or 10 percent. On this day, the share was last traded at Tk 5.50 paisa.

Sonali Paper & Board Mills Limited ranked top loser on the DSE, the share price dropped by Tk 11.80 paisa or 3.00 percent. On this day, the share was last traded at Tk 382.50 paisa.

DSE topped on trade is Asiatic Laboratories Limited 46 crore 23 lakh takas of company shares have been traded.

A total of 43 companies’ shares were traded in the Block on Dhaka Stock Exchange. A total of 3 crore 22 lakh 1 thousand 792 shares of the companies were traded. The financial value of which is 49 crore 85 lakh taka

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Indices Negative, Sluggish Turnover: DSE Insights

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turnover dse index bourse stock indices

Dhaka Stock Exchange DSE, Bourse on the fourth  working day of the week, 15th May, ended with a drop in Indices and Turnover from the previous working session. This information is known from DSE sources.

526 crore 33 lakh taka shares were traded on this day. 138 crore 3 lakh less tradings were done in DSE today compared to the previous workday, 14th May , Shares worth Tk 664 crores 36 lakh shares were traded last time, Tuesday.

The benchmark DSEX lost 58.22 points or 5,527 The Shariah-based index DSES dropped 12.79 points or 1,212, and the blue-chip index DS30 decreased by 14.14 points or 1,977.

Of the issues traded, 61 advanced, 301 declined and 33 remained unchanged.

Reliance One the first scheme of Reliance Insurance Mutual Fund ranked top gainer on DSE, the share price increased by Tk 1.50 paisa or 8.77 percent. On this day, the share was last traded at Tk 18.60 paisa.

Bay Leasing & Investment Limited ranked top loser on the DSE, the share price dropped by Tk 0.30 paisa or 3.00 percent. On this day, the share was last traded at Tk 9.70 paisa.

DSE topped on trade is Alif Industries Limited 19 crore 21 lakh takas of company shares have been traded.

A total of 45 companies’ shares were traded in the Block on Dhaka Stock Exchange. A total of 68 lakh 31 thousand 91 shares of the companies were traded. The financial value of which is 37 crore 38 lakh taka

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Indices Dips 2nd Day Straight, Leading 343 Companies Fall

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dse bourse indices turnover stock market

Dhaka Stock Exchange DSE, Bourse on the third working day of the week, 14th May, ended with a drop in Indices and Turnover from the previous working session. This information is known from DSE sources.

664 crore 36 lakh taka shares were traded on this day. 17 crore 86 lakh less tradings were done in DSE today compared to the previous workday, 9th May , Shares worth Tk 968 crores 2 lakh shares were traded last time, Monday.

The benchmark DSEX lost 81.14 points or 5,585 The Shariah-based index DSES dropped 15.76 points or 1,225, and the blue-chip index DS30 decreased by 26.04 points or 1,991.

Of the issues traded, 31 advanced, 343 declined and 25 remained unchanged.

Reliance One the first scheme of Reliance Insurance Mutual Fund ranked top gainer on DSE, the share price increased by Tk 1.50 paisa or 9.55 percent. On this day, the share was last traded at Tk 17.10 paisa.

Union Insurance Company Limited ranked top loser on the DSE, the share price dropped by Tk 4.00 paisa or 9.32 percent. On this day, the share was last traded at Tk 38.90 paisa.

DSE topped on trade is eGeneration Limited 28 crore 18 lakh takas of company shares have been traded.

A total of 45 companies’ shares were traded in the Block on Dhaka Stock Exchange. A total of 74 lakh 95 thousand 900 shares of the companies were traded. The financial value of which is 34 crore 92 lakh taka

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