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Eastland Insurance Releases Q1 Financials

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One of the listed companies, Eastland Insurance Company Limited discloses its financial reports for the first quarter, (January – March 24).

The company’s earnings per share (EPS) was Tk 0.28 paisa in Q1 of the current financial year (January – March 24). EPS was Tk 0.37 paisa during the same period last year. NAV per share was Tk. 21.64 as on March 31, 2024

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Weekly U.S. Stock Market Report Shows Diverse Performance

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In a mixed week for the U.S. stock markets, the Nasdaq Composite saw a significant uptick, closing with a gain of 235 points at 16,690. Conversely, the S&P 500 managed a slight increase of just 1 point, ending at 5,304, while the DJIA Index experienced a substantial decline of 970 points, finishing at 39,069. The Russell 3000 Index recorded a modest drop of 5 points, closing at 3,026, and the Russell 2000 Index fell by 26 points to end the week at 2,069.

Reviewing the U.S. Stock Markets, the Nasdaq Composite, recorded a decent hike of 235 points, reaching a closing value of 16,690 points by the end of the week. Similarly, the S&P 500 index showed a negative trend, adding 1 point to settle at 5,304 points. Meanwhile, DJIA Index experienced a notable drop, adding 970 points during the week and concluding at 39,069 points after a week of gain.

In contrast, Russell 3000 Index saw a gain in week performance, with a slight drop of 5 points to reach 3,026 points by the end of the week.

Moving to Russell 2000 Index, demonstrated a notable drop of 26 points, ending the week at 2,069 points.

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European Stocks Shows Negative Result on the Outgoing Week

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In the Outgoing week, the European stock market displayed a losing 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 loss of 2.77 points to close at 520.57.

The United Kingdom’s FTSE 100, one of the most widely followed indices in Europe, also showed a significant drop, losing 103 points or finishing the session at 8,317.

In Germany, the DAX 30 index, dip by 75 points to reach 18,693, while France’s CAC 40 decreased by 73 points to stop at 8,094 at the end of the trading day.

Italy’s FTSE MIB, which covers the top 40 stocks traded on the Milan Stock Exchange, decreased by 908 points to 34,490. However, Spain’s IBEX 35, dropped by 81 points, to close at 11,246.

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South Asian Stock reports varied performance in the Past 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 1,493 points during the week. At the end of the week, the index stood at 75,410 points. On the other hand, the Nifty-50 index of the country’s National Stock Exchange gained by 491 points last week. At the end of the week, the index stood at 22,957 points.

Pakistan Stock Exchange Index ‘KSE 100’, adds 683 points last week. After a week of gaining, the index settled at 76,008 points.

On the other hand, The Sri Lankan stock market index hiked, and the Colombo Stock Exchange index ‘ASPI’ increased by 35 points in a week. After a week the index settled at 12,348 points.

Bhutan’s stock market index ‘BSI’ lost 10 points hence the index stood at 1,496 points throughout the whole week. Nepal’s ‘NEPSE’ added 113 points, therefore the index stands at 2,131 points.

Hence Dhaka Stock Exchange: The benchmark index ‘DSEX’ dropped by 205.2 points or 3.72 percent, in the outgoing week. At the end of the week, the index stands at 5,312 points.

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