Stocks
11 Individuals and Institutions Honored with BSEC Golden Jubilee Awards
The Bangladesh Securities and Exchange Commission (BSEC) has awarded 11 individuals and institutions in recognition of their contributions to the capital market. The awards were given in four categories: Independence Golden Jubilee and Integrity.
The awards ceremony, titled “Women in Capital Market and Independence Golden Jubilee Awards 2023,” took place on Wednesday evening at the Pan Pacific Sonargaon Hotel in Dhaka.
Professor Shibli Rubayat-Ul-Islam, Chairman of BSEC, presided over the event. Dr. Shirin Sharmin Chaudhury attended as the chief guest, while State Minister for Finance, Wasika Ayesha Khan, was the special guest. BSEC Commissioner Dr. Sheikh Shamsuddin Ahmed delivered the welcome speech, and Commissioner Dr. Rumana Islam gave the vote of thanks.
Award Recipients:
Integrity Category:
- Grades 2-9: Additional Director Mohammad Rakibur Rahman
- Grades 10-16: Personal Officer Samir Ghosh
- Grades 17-20: Office Assistant Md. Sujan Alam
Market Intermediaries:
Stock Brokers:
- 1st Place: IDLC Securities Limited
- 2nd Place: BRAC EPL Stock Brokerage Limited
- 3rd Place: Shanta Securities Limited
Merchant Bankers:
- 1st Place: Prime Bank Investment Limited
- 2nd Place: Islami Bank Capital Management Limited
- 3rd Place: Southeast Bank Capital Services Limited
Asset Management Companies:
- 1st Place: ACACIA SR Investment Management Limited
- 2nd Place: ICB Asset Management Company Limited
Reviewing the U.S. Stock Markets, the Nasdaq Composite, recorded a decent hike of 555 points, reaching a closing value of 17,688 points by the end of the week. Similarly, the S&P 500 index showed a positive trend, gaining 85 point to settle at 5,431 points. Meanwhile, DJIA Index experienced a notable drop, losing 209 points during the week and concluding at 38,589 points after a week of gaining.
In contrast, Russell 3000 Index saw a gain in week performance, with a slight hike of 40 points to reach 3,077 points by the end of the week.
Moving to Russell 2000 Index, demonstrated a notable drop of 20 point, ending the week at 2,006 points.
In the Outgoing week, the European stock market displayed a massive 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 drop of 12.5 points to close at 511.05.
The United Kingdom’s FTSE 100, one of the most widely followed indices in Europe, also showed a significant drop, losing 99 points or finishing the session at 8,146.
In Germany, the DAX 30 index, lost by 555 points to reach 18,002, while France’s CAC 498 decreased by 9 points to stop at 7,503 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 1,995 points to 32,665. However, Spain’s IBEX 35, added by 412 points, to close at 10,992.
A review of South Asian stock markets shows that India’s Bombay Stock Exchange (BSE) index BSE Sensex has added 299 points during the week. At the end of the week, the index stood at 76,992 points. On the other hand, the Nifty-50 index of the country’s National Stock Exchange gained by 175 points last week. At the end of the week, the index stood at 23,465 points.
Pakistan Stock Exchange Index ‘KSE 100’, shed 2,926 points last week. After a week of losing, the index settled at 76,742 points.
On the other hand, The Sri Lankan stock market index adds, and the Colombo Stock Exchange index ‘ASPI’ increased by 208 points in a week. After a week the index settled at 12,314 points.
Bhutan’s stock market index ‘BSI’ added 68 points hence the index stood at 1,515 points throughout the whole week. Nepal’s ‘NEPSE’ gain 35 points, therefore the index stands at 2,112 points.
Hence Dhaka Stock Exchange: The benchmark index ‘DSEX’ dropped by 119.51 points or 2.28 percent, in the outgoing week. At the end of the week, the index stands at 5,117 points.
