Stocks
DSEX Hikes Amidst Choppy Trading
Dhaka Stock Exchange DSE, Bourse on the second working day of the week, 2nd July, ended with a mixed in Indices and drop in Turnover from the previous working session. This information is known from DSE sources.
440 crore 63 lakh taka shares were traded on this day. 272 crore 5 lakh less tradings were done in DSE today compared to the previous workday, June 30th, Shares worth Tk 712 crores 68 lakh shares were traded last time, Sunday
The benchmark DSEX increased 11.78 points or 5,340 The Shariah-based index DSES lost 2.26 points or 1,177 and the blue-chip index DS30 dropped by 5.01 points or 1,904.
Of the issues traded, 213 advanced, 125 declined and 56 remained unchanged.
Aftab Automobiles Limited ranked top gainer on DSE, the share price increased by Tk 3.00 paisa or 10.00 percent. On this day, the share was last traded at Tk 33.00 paisa.
Islamic Finance & Investment Limited ranked top loser on the DSE, the share price dropped by Tk 0.50 paisa or 5.56 percent. On this day, the share was last traded at Tk 8.50 paisa.
DSE topped on trade is Beach Hatchery Limited 19 crore 70 lakh takas of company shares have been traded.
A total of 48 companies’ shares were traded in the Block on Dhaka Stock Exchange. A total of 80 lakh 9 thousand 285 shares of the companies were traded. The financial value of which is 37 crore 44 lakh taka.
Reviewing the U.S. Stock Markets, the Nasdaq Composite, recorded a decent hike of 620 points, reaching a closing value of 18,352 points by the end of the week. Similarly, the S&P 500 index showed a positive trend, gaining 107 point to settle at 5,567 points. Meanwhile, DJIA Index experienced a notable hike, adding 225 points during the week and concluding at 39,375 points after a week of gaining.
In contrast, Russell 3000 Index saw a gain in week performance, with a slight hike of 51 points to reach 3,150 points by the end of the week.
Moving to Russell 2000 Index, demonstrated a notable drop of 21 points, ending the week at 2,026 points.
In the Outgoing week, the European stock market displayed a gaining 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 gain of 5.18 points to close at 516.60.
The United Kingdom’s FTSE 100, one of the most widely followed indices in Europe, also showed a significant hike, adding 39 points or finishing the session at 8,203.
In Germany, the DAX 30 index, added by 240 points to reach 18,475, while France’s CAC 159 increased by 196 points to stop at 7,675 at the end of the trading day.
Italy’s FTSE MIB, which covers the top 40 stocks traded on the Milan Stock Exchange, increased by 833 points to 33,987. However, Spain’s IBEX 35, added by 80 points, to close at 11,023.
A review of South Asian stock markets shows that India’s Bombay Stock Exchange (BSE) index BSE Sensex has added 964 points during the week. At the end of the week, the index stood at 79,996 points. On the other hand, the Nifty-50 index of the country’s National Stock Exchange gained by 313 points last week. At the end of the week, the index stood at 24,323 points.
Pakistan Stock Exchange Index ‘KSE 100’, shed 194 points last week. After a week of losing, the index settled at 78.863 points.
On the other hand, The Sri Lankan stock market index adds, and the Colombo Stock Exchange index ‘ASPI’ decreased by 124 points in a week. After a week the index settled at 11,947 points.
Bhutan’s stock market index ‘BSI’ lost 15 points hence the index stood at 1,520 points throughout the whole week. Nepal’s ‘NEPSE’ added 68 points, therefore the index stands at 2,119 points.
Hence Dhaka Stock Exchange: The benchmark index ‘DSEX’ gained by 142.15 points or 2.65 percent, in the outgoing week. At the end of the week, the index stands at 5,497 points.
