Stocks
European Stocks Shows Negative Result on the Past Week
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 3.69 points to close at 511.42.
The United Kingdom’s FTSE 100, one of the most widely followed indices in Europe, also showed a significant drop, losing 73 points or finishing the session at 8,164.
In Germany, the DAX 30 index, added by 72 points to reach 18,235, while France’s CAC 159 decreased by 9 points to stop at 7,479 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 154 points to 33,154. However, Spain’s IBEX 35, lost by 89 points, to close at 10,943.
One of the Listed companies, pragati Life Insurance Limited has recommended 14% Cash Dividend for the year ended December 31, 2023.
The Annual General Meeting (AGM) of the company will be held on August 22, through the digital platform. The record date for this has been fixed at July 23.
Dhaka Stock Exchange DSE, Bourse on the first working day of the week, 30th June, ended with a drop in Indices and Turnover from the previous working session. This information is known from DSE sources.
712 crore 68 lakh taka shares were traded on this day. 6 crore 85 lakh more tradings were done in DSE today compared to the previous workday, June 27th, Shares worth Tk 705 crores 83 lakh shares were traded last time, Thursday
The benchmark DSEX decreased 27 points or 5,328 The Shariah-based index DSES lost 3.51 points or 1,180 and the blue-chip index DS30 dropped by 12.92 points or 1,909.
Of the issues traded, 92 advanced, 268 declined and 38 remained unchanged.
Bangladesh Lamps ranked top gainer on DSE, the share price increased by Tk 12.20 paisa or 10.00 percent. On this day, the share was last traded at Tk 134.30 paisa.
Bay Leasing & Investment Limited ranked top loser on the DSE, the share price dropped by Tk 0.40 paisa or 5.31 percent. On this day, the share was last traded at Tk 8.90 paisa.
DSE topped on trade is Linde Bangladesh 15 crore 78 lakh takas of company shares have been traded.
A total of 60 companies’ shares were traded in the Block on Dhaka Stock Exchange. A total of 3 crore 10 lakh 82 thousand 415 shares of the companies were traded. The financial value of which is 296 crore 78 akh taka.
Linde Bangladesh Limited, a publicly listed company, has announced its final dividend for the fiscal year ending December 31, 2023. The company stated that it will not distribute any additional dividends beyond the previously declared interim dividend of 1,540%.
This decision was made during the company’s board meeting held on Thursday, June 27, where the financial report for the concluded fiscal year was reviewed and approved.
According to company sources, Linde Bangladesh’s earnings per share (EPS) for the fiscal year stood at EPS 34.54. As of December 31, 2023, the company’s net asset value per share (NAVPS) was Tk 386.80.
The record date for this has been fixed at July 18.
Q1 Financials: The company’s earnings per share (EPS) was Tk 11.50 paisa in Q1 of the current financial year (January – March 24). EPS was Tk 9.22 paisa during the same period last year. As of March 31, 2024, at the end of the first quarter of the fiscal year, the company’s net asset value (NAV) per share stood at Tk 398.34.
