Stocks
Weekly U.S. Stock Market Reports Diverse Performance
Reviewing the U.S. Stock Markets, the Nasdaq Composite, recorded a decent hike of 43 points, reaching a closing value of 17,732 points by the end of the week. Similarly, the S&P 500 index showed a negative trend, gaining 4 point to settle at 5,460 points. Meanwhile, DJIA Index experienced a notable drop, losing 32 points during the week and concluding at 39,150 points after a week of gaining.
In contrast, Russell 3000 Index saw a gain in week performance, with a slight hike of 2 points to reach 3,099 points by the end of the week.
Moving to Russell 2000 Index, demonstrated a notable hike of 25 point, ending the week at 2,047 points.
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.
