Stocks
Index Values Experience Rollercoaster Ride Amidst Dull Turnover
Dhaka Stock Exchange DSE, Bourse on the last working day of the week, March 28th, ended with a hike in Indices and drops in Turnover from the previous working session. This information is known from DSE sources.
411 crore 8 lakh taka shares were traded on this day. 127 crore 71 lahks taka less tradings were done in DSE today compared to the previous workday, 27th March, Shares worth Tk 538 crores 79 lakh shares were traded last time, Wednesday.
The benchmark DSEX added 15.64 points or 5,778 The Shariah-based index DSES gained 2.19 points or 1,254, and the blue-chip index DS30 decreased by 0.98 points or 2,011.
Of the issues traded, 221 advanced, 120 declined and 54 remained unchanged.
IPDC Finance Limited ranked top gainer on DSE, the share price increased by Tk 2.30 paisa or 9.79 percent. On this day, the share was last traded at Tk 25.80 paisa.
Mercantile Islami Insurance PLC ranked top loser on the DSE, the share price dropped by Tk 1.30 paisa or 3.90 percent. On this day, the share was last traded at Tk 31.70 paisa.
DSE topped on trade is Central Pharmaceuticals Limited 24 crore 48 lakh takas of company shares have been traded.
A total of 36 companies’ shares were traded in the Block on the Dhaka Stock Exchange, 37lakh 44 thousand 909 shares of the companies were traded. The financial value of which is 20 crore 48 lakh taka.
In a week marked by varied movements, the U.S. stock markets exhibited a mixed performance. While the Nasdaq Composite soared with a substantial increase of 645 points, closing at 15,927 points, the S&P 500 index showed a contrasting trend, albeit with a modest gain of 132 points, reaching 5,099 points.
The DJIA Index witnessed noteworthy growth, adding 253 points to conclude the week at 38,239 points. Conversely, the Russell 3000 Index experienced a marginal uptick, while the Russell 2000 Index showcased significant gains, ending at 2,916 and 2,002 points, respectively.
Reviewing the U.S. Stock Markets, the Nasdaq Composite, recorded a decent hike of 645 points, reaching a closing value of 15,927 points by the end of the week. Similarly, the S&P 500 index showed a negative trend, adding 132 points to settle at 5,099 points. Meanwhile, DJIA Index experienced a notable hike, adding 253 points during the week and concluding at 38,239 points after a week of gain.
In contrast, Russell 3000 Index saw a losing in week performance, with a slight hike of 76 points to reach 2,916 points by the end of the week.
Moving to Russell 2000 Index, demonstrated a notable gain of 55 points, ending the week at 2,002 points.
In the Outgoing week, the European stock market displayed a surging performance.
Here is the data on the weekly performance of the European Stock Market, The STOXX Europe 600 index, which is considered a leading benchmark for the European market and covers approximately 90 percent of the market capitalization across 17 countries, reported a slight adds of 8.69 points to close at 507.98.
The United Kingdom’s FTSE 100, one of the most widely followed indices in Europe, also showed a significant surge, adding 244 points or finishing the session at 8,139.
In Germany, the DAX 30 index, added by 424 points to reach 18,161, while France’s CAC 40 increased by 66 points to stop at 8,088 at the end of the trading day.
Italy’s FTSE MIB, which covers the top 40 stocks traded on the Milan Stock Exchange, increased by 327 points to 34,249. However, Spain’s IBEX 35, added by 425 points, to close at 11,154.
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.
