Stocks
Women’s Participation Key to Stock Market Growth: BSEC Chief
The growth of Bangladesh’s stock market will accelerate with more female investors participating alongside their male counterparts, stated Professor Shibli Rubayat-Ul-Islam, Chairman of the Bangladesh Securities and Exchange Commission (BSEC). He emphasized that women can play a significant role in the country’s economic development by becoming active in the financial market.
Speaking at the “Women in the Stock Market and Golden Jubilee of Independence Awards 2023” event held at the Pan Pacific Sonargaon Hotel in Dhaka on Wednesday evening, he highlighted the potential of women in smart investment from savings. He said that as more women enter the stock market, the greater the market’s growth will be, positively impacting the overall economy.
The BSEC Chairman also remarked that the combined strength of the money market and capital market is essential for a country’s economic progress. He reiterated the need for short to mid-term business activities to be financed through the money market, while long-term investments should be facilitated by the capital market.
The ceremony was presided over by BSEC Chairman Shibli Rubayat Ul Islam, with special guests including State Minister for Finance Wasika Ayesha Khan and Secretary of the Financial Institutions Division of the Ministry of Finance Abdur Rahman Khan. Additionally, BSEC Commissioners Sheikh Shamsuddin Ahmed, Abdul Halim, Rumana Islam, and ATM Tariquzzaman were in attendance.
Dhaka Stock Market DSE, Bourse on the last working day of the week, 25th July, ended with a hike in Indices and Turnover from the previous working session. This information is known from DSE sources.
497 crore 34 lakh taka shares were traded on this day. 337 crore 97 lakh more tradings were done in DSE today compared to the previous workday, July 24th, Shares worth Tk 159 crores 37 lakh shares were traded last time, Wednesday.
The benchmark DSEX increased 62.81 points or 5,413 The Shariah-based index DSES added 13.81 points or 1,183 and the blue-chip index DS30 gained by 24.25 points or 1,932.
Of the issues traded, 286 advanced, 66 declined and 40 remained unchanged.
Techno Drugs Limited ranked top gainer on DSE, the share price increased by Tk 3.80 paisa or 9.87 percent. On this day, the share was last traded at Tk 42.30 paisa.
Rangpur Foundry Limited ranked top loser on the DSE, the share price dropped by Tk 5.40 paisa or 2.98 percent. On this day, the share was last traded at Tk 175.70 paisa.
DSE topped on trade is Square Pharmaceuticals PLC 35 crore 9 lakh takas of company shares have been traded.
A total of 28 companies’ shares were traded in the Block on Dhaka Stock Exchange. A total of 82 lakh 94 thousand 29 shares of the companies were traded. The financial value of which is 21 crore 92 lakh taka
One of the listed companies, Eastland Insurance Company Limited discloses its financial reports for the second quarter, (April – June 24).
The company’s earnings per share (EPS) Tk 0.27 paisa in Q2 of the current financial year (April – June 24). EPS was Tk. 0.41 for January-June 2024 as against Tk. 1.47 for the same period last year. EPS was Tk 0.80 paisa during the same period last year. NAV per share was Tk. 20.85 as of June 30, 2024.
One of the listed companies, Shahjalal Islami Bank PLC discloses its financial reports for the second quarter, (April – June 24).
The company’s Consolidated earnings per share (EPS) Tk 1.50 paisa in Q2 of the current financial year (April – June 24). Consolidated EPS was Tk. 1.50 for January-June 2024 as against Tk. 1.47 for the same period last year. EPS was Tk 0.80 paisa during the same period last year. Consolidated NAV per share was Tk. 20.85 as of June 30, 2024.
