Stocks
DBA to Seize Expanded Opportunities for Market Development: BSEC Chief
The DSE Brokers Association of Bangladesh (DBA) will have greater opportunities to enhance the market following the commencement of operations at their new office in the DSE Tower. This statement was made by Professor Shibli Rubayat-Ul-Islam, Chairman of the Bangladesh Securities and Exchange Commission (BSEC).
On Wednesday, June 5, at the inauguration ceremony of the DBA’s new office located in the DSE Tower in Nikunja, Dhaka, Professor Rubayat-Ul-Islam emphasized the expanded scope for market development that the new premises will provide.
Highlighting the strong leadership and significant role of the DBA in the stock market, the BSEC Chairman remarked that the DBA is a well-established and powerful organization led by skilled and competent stock brokers. He underscored the indispensable role the DBA plays in the capital market. He further noted that the new office, equipped with all modern amenities, will enable the DBA to undertake broader initiatives for market improvement.
During his speech, Professor Rubayat-Ul-Islam also outlined various government measures aimed at market development. He called on all stakeholders to work positively from their respective positions to foster growth. The BSEC Chairman assured continued support from his commission for any development activities undertaken by the DBA and wished the association further progress and success.
At the inauguration of the new office of the DSE Brokers Association of Bangladesh (DBA), President Saiful Islam pointed out that while the economy has seen significant growth over the past 15 years, the capital market has not progressed at the same pace. Speaking at the event held at the DSE Tower in Nikunja, Dhaka, he expressed optimism about receiving substantial support from the BSEC Chairman, who has been appointed for a second term.
“We are hopeful of receiving maximum cooperation from the Chairman for market development,” stated Saiful Islam. He assured collaborative efforts involving the government, regulatory bodies, and market intermediaries to ensure overall progress in the capital market. He also extended his gratitude to all the guests attending the ceremony.
The new office address of the DBA is: DSE Tower, Level-6, Room No. 89, House-46, Road-21, Nikunja-2, Dhaka-1229.
The event was graced by several notable figures including BSEC Commissioners Dr. Sheikh Shamsuddin Ahmed and Md. Mohsin Chowdhury, CMSF Chairman Md. Nojibur Rahman, Dhaka Stock Exchange Chairman Professor Dr. Hafiz Md. Hasan Babu, along with DSE directors, DBA members, DSE trade holders, and other prominent personalities from the capital market.
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.
