Stocks
DSE to Close for 5 Days During Eid, Pohela Boishakh Festive
On the occasion of the upcoming holy Eid-ul-Fitr and Pohela Boishakh, the country’s main stock exchange, Dhaka Stock Exchange (DSE), will remain closed for a total of 5 days. Among them, there will be a weekly holiday for 2 days. This was stated in a press release sent from the DSE on Tuesday (April 9).
According to the statement, considering 30 days, the holiday will start from tomorrow, Wednesday. It will end on Sunday, April 14. On the occasion of Pohela Boishakh, the stock exchange will remain closed on Sunday. As a result, trading will resume in the money market on April 15, after a 5-day closure.
It was also reported that trading in the stock market was going on as usual from 9 am to 1:40 pm during Ramadan. Additionally, the post-closing session lasted from 1:40 pm to 2:00 pm. However, after the end of Ramadan, the main stock market of the country will return to its previous schedule.
According to the DSE, trading in the money market will start at the usual time from 10 am to 2:20 pm from April 15. The post-closing session will be from 2:20 pm to 2:30 pm. However, office hours will be from 9 am to 4 pm from morning to evening.
2 Listed Companies, Fu-wang Foods & Fu-wang Ceramic Industry Limited disclose their third-quarter financials for the year ended (January 2024 – March 2024). This source is known from DSE.
Fu-Wang Foods: The company’s earnings per share (EPS) was Tk 0.04 paisa in Q3 of the current financial year (January – March 24). EPS was Tk 0.03 paisa during the same period last year. NAV per share was Tk. 2.45 on March 31, 2024.
Fu-wang Ceramic: The company’s earnings per share (EPS) was Tk 0.06 paisa in Q3 of the current financial year (January – March 24). EPS was Tk 0.13 paisa during the same period last year. NAV per share was Tk. 11.97 on March 31, 2024.
One of the Listed companies, National Credit & Commerce (NCC) Bank PLC has recommended 12% Cash Dividend for the year ended December 31, 2023.
In terms of financial performance, The Company has also reported Consolidated EPS of Tk. 2.07 for the year ended December 31, 2023. NAV per share of Tk. 21.82 paisa.
The Annual General Meeting (AGM) of the company will be held on August 1, through the digital platform. The record date for this has been fixed at June 2.
One of the Listed companies, Rupali Bank PLC has recommended No Dividend for the year ended December 31, 2023.
In terms of financial performance, The Company has also reported Consolidated EPS of Tk. 1.35 for the year ended December 31, 2023. NAV per share of Tk. 36.90 paisa.
The Annual General Meeting (AGM) of the company will be held on July 30, through the digital platform. The record date for this has been fixed at June 12.
