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City Bank Declares 25% Dividends

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City Bank

One of the Listed companies, City Bank Limited has recommended 15% Cash Dividend & 10% Stock Dividends for the year ended December 31, 2023.

In terms of financial performance, The Company has further informed Consolidated EPS of Tk. 5.21 for the year ended December 31, 2023. The Company has also reported Consolidated NAV per share of Tk. 31.42 paisa.

The Annual General Meeting (AGM) of the company will be taking place on May 30, through the digital platform. The record date for this has been fixed at April 23.

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South Asian Stock Reports Diverse Performance in the Recent Week

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A review of South Asian stock markets shows that India’s Bombay Stock Exchange (BSE) index BSE Sensex has added 642 points during the week. At the end of the week, the index stood at 73,730 points. On the other hand, the Nifty-50 index of the country’s National Stock Exchange gained by 272 points last week. At the end of the week, the index stood at 22,419 points.

Pakistan Stock Exchange Index ‘KSE 100’, gained 1,800 points last week. After a week of gaining, the index settled at 72,744 points.

On the other hand, The Sri Lankan stock market index hiked, and the Colombo Stock Exchange index ‘ASPI’ increased by 448 points in a week. After a week the index settled at 12,201 points.

Bhutan’s stock market index ‘BSI’ lost 1 points hence the index stood at 1,525 points throughout the whole week. Nepal’s ‘NEPSE’ lost 7 points, therefore the index stands at 1,965 points.

Hence Dhaka Stock Exchange: The benchmark index ‘DSEX’ lost by 168 points or 2.96 percent, in the outgoing week. At the end of the week, the index stands at 5,518 points.

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Volatile Week on DSE Despite Turnover Surge

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Weekly Dhaka Stock Exchange, DSE, Dhaka Bourse has seen a massive drop in Indices & Market Capitlization on the other hand Turnover hikes throughout the whole week. This information was disclosed in the weekly market review from the DSE.

According to sources, (5 working days) the turnover of DSE added by Tk 852 crore 8 lakh (April 21 – April 25). At the same time, the market capitalization has decreased by 6 thousand 764 crore 1 lakh taka.

The benchmark index ‘DSEX’ lost by 168 points or 2.96 percent, in the outgoing week. At the end of the week, the index stands at 5,518 points. The Shariah-based index ‘DSES’ lost 29.29 points or 2.35 percent and therefore the index stands at 1,217 points. The blue-chip index ‘DS30’ decreased by 10.06 points or 0.51 percent, hence the index stands at 1,974 points.

Shares and units worth 2 thousand 764 crore 90 lakh taka were traded in Dhaka Stock Exchange. At the end of the week, the market capitalization stood at 6 lakh 99 thousand 561 crore 10 lakh taka.

Shares and units of 411 companies were traded on Bourse during the week. Of these, 10 shares were unchanged, 327 companies declined, and 57 companies advanced.

Asiatic Laboraitories Limited has ranked at the top of weekly trading on DSE. The Company records an average turnover of 31 crore 27 lakh taka.

Orion Infusion Limited ranked at the top of weekly gainers on DSE.  The share has risen 22.93 percent to its highest price.

Olympic Accessories Limited has ranked at the top of weekly losers on DSE. The share has dropped 19.86 percent lowest in the last week.

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Bearish Market Drag 300 Companies as Indices Decline

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

511 crore 43 lakh taka shares were traded on this day. 91 crore 31 lakh less tradings were done in DSE today compared to the previous workday, 23rd April , Shares worth Tk 602 crores 74 lakh shares were traded last time, Wednesday.

The benchmark DSEX lost  60.48 points or 5,518 The Shariah-based index DSES dropped 12.29 points or 1,217, and the blue-chip index DS30 decreased by 10.17 points or 1,974.

Of the issues traded, 69 advanced, 300 declined and 27 remained unchanged.

ADN Telecom Limited ranked top gainer on DSE, the share price increased by Tk 9.60 paisa or 8.66 percent. On this day, the share was last traded at Tk 120.50 paisa.

Bata Shoe Company Bangladesh Limited ranked top loser on the DSE, the share price dropped by Tk 36.9 paisa or 3.77 percent. On this day, the share was last traded at Tk 941.00 paisa.

DSE topped on trade is Orion Infusion Limited 31 crore 69 lakh takas of company shares have been traded.

A total of 35 companies’ shares were traded in the Block on Dhaka Stock Exchange. A total of 26 lakh 36 thousand 734 shares of the companies were traded. The financial value of which is 16 crore 61 lakh taka

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