Stocks
Weekly Dhaka Bourse Skyrockets with 36% Surge in Avg. Turnover
Weekly Dhaka Stock Exchange, DSE, Dhaka Bourse has seen a hike in Indices, Turnover & Market Capitlization 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 1 thousand 978 crore 99 lakh (May 5 – May 9). At the same time, the market capitalization has increased by 1 thousand 235 crore 4 lakh taka.
The benchmark index ‘DSEX’ added by 45.4 points or 0.81 percent, in the outgoing week. At the end of the week, the index stands at 5,661 points. The Shariah-based index ‘DSES’ gained 10.14 points or 0.82 percent and therefore the index stands at 1,242 points. The blue-chip index ‘DS30’ increased by 7.38 points or 0.37 percent, hence the index stands at 2,015 points.
Shares and units worth 4 thousand 802 crore 72 lakh taka were traded in Dhaka Stock Exchange. At the end of the week, the market capitalization stood at 7 lakh 7 thousand 26 crore 10 lakh taka.
Shares and units of 412 companies were traded on Bourse during the week. Of these, 25 shares were unchanged, 128 companies declined, and 240 companies advanced.
Asiatic Laboratories has ranked at the top of weekly trading on DSE. The Company records an average turnover of 37 crore 82 lakh taka.
Saif Powertec Limited ranked at the top of weekly gainers on DSE. The share has risen 42.46 percent to its highest price.
Uttara Bank PLC has ranked at the top of weekly losers on DSE. The share has dropped 16.15 percent lowest in the last week.
Stocks
Indices Negative Amidst Turnover Hikes
Dhaka Stock Market DSE, Bourse on the second working day of the week, 30th September, ended with a negative performance in Indices and a hike in Turnover from the previous working session. This information is known from DSE sources.
503 crore 90 lakh taka shares were traded on this day. 22 crore 58 lakh more tradings were done in DSE today compared to the previous workday, 29th September, Shares worth Tk 481 crores 31 lakh shares were traded last time, Sunday.
The benchmark DSEX lost 33.61 points or 5,624 The Shariah-based index DSES dropped 7.36 point or 1,263 and the blue-chip index DS30 decreased by 9.57 points or 2,053.
Of the issues traded, 72 advanced, 299 declined and 25 remained unchanged.
Shahjibazar Power Company Limited ranked top gainer on DSE, the share price increased by Tk 4.00 paisa or 9.76 percent. On this day, the share was last traded at Tk 45.00 paisa.
Dhaka Electric Supply Company Limited ranked top loser on the DSE, the share price dropped by Tk 1.80 paisa or 7.56 percent. On this day, the share was last traded at Tk 22.00 paisa.
DSE topped on trade is Pragati Life Insurance Limited 25 crore 35 lakh takas of company shares have been traded.
A total of 27 companies’ shares were traded in the Block on Dhaka Stock Exchange. A total of 1 crore 50 lakh 42 thousand 956 shares of the companies were traded. The financial value of which is 65 crore 60 lakh taka
Stocks
National Polymer Announce Their Dividends & Q2 Financials
One of the Listed companies, National Polymer Limited has recommended 10.50% Cash Dividend for the year ended June 30, 2024.
It has reported Consolidated EPS of Tk 2.27 paisa, and Consolidated NAV per share of Tk 30.63 for the year ended March 31, 2024.
The Annual General Meeting (AGM) of the company will be held on December 18, through the digital platform. The record date for this has been fixed at October 22.
The Company also discloses its financial reports for the second quarter, (April – June 24).
As per the company’s consolidated life revenue account for April to June 2024, the excess of total income over total expenses, including claims (surplus), stood at Tk 1,394.24 million. This marks a significant increase from the surplus of Tk 823.68 million during the same period in 2023.
For the first half of 2024, from January to June, the company reported a surplus of Tk 2,177.57 million, compared to Tk 1,290.39 million in the corresponding period of the previous year.
Additionally, the Life Insurance Fund balance as of June 30, 2024, reached Tk 55,188.62 million, showing a net increase of Tk 5,892.25 million from Tk 49,296.37 million on June 30, 2023.
Stocks
Beacon Pharma Declares Their Dividends
One of the Listed companies, Beacon Pharmaceuticals PLC has recommended 20% Cash dividend and 10% Cash Dividend to Sponsor Shareholder and Directors for the year ended June 30, 2024.
It has reported EPS of Tk 2.26 paisa, and NAV per share of Tk. 26.37 for the year ended June 30, 2024.
The Annual General Meeting (AGM) of the company will be held on December 23, through the digital platform. The record date for this has been fixed at October 27.