Stocks
U.S. Stock reveals losing performance in Past Week
Reviewing the U.S. Stock Markets, the Nasdaq Composite, recorded a decent drop of 31 points, reaching a closing value of 16,745 points by the end of the week. Similarly, the S&P 500 index showed a negative trend, losing 2 point to settle at 5,344 points. Meanwhile, DJIA Index experienced a notable loss, sheding 240 points during the week and concluding at 39,497 points after a week of losing.
In contrast, Russell 3000 Index saw a loss in week performance, with a slight drop of 1 point to reach 3,042 points by the end of the week.
Moving to Russell 2000 Index, demonstrated a notable loss of 29 points, ending the week at 2,080 points.
Stocks
DSE on Negative amidst Sluggish Turnover
Dhaka Stock Market DSE, Bourse on the first working day of the week, 15th September, ended with a mixed performance in Indices and hike in Turnover from the previous working session. This information is known from DSE sources.
668 crore 95 lakh taka shares were traded on this day. 64 crore 43 lakh less tradings were done in DSE today compared to the previous workday, 12th September, Shares worth Tk 733 crores 39 lakh shares were traded last time, Thursday.
The benchmark DSEX lost 14.74 points or 5,726 The Shariah-based index DSES gained 1 point or 1,246 and the blue-chip index DS30 decreased by 15.22 points or 2,085.
Of the issues traded, 169 advanced, 182 declined and 46 remained unchanged.
SK Trims & Industries Limited ranked top gainer on DSE, the share price increased by Tk 1.70 paisa or 10.00 percent. On this day, the share was last traded at Tk 18.70 paisa.
Trust Bank 1st Mutual Fund ranked top loser on the DSE, the unit price dropped by Tk 0.40 paisa or 9.30 percent. On this day, the unit was last traded at Tk 3.90 paisa.
DSE topped on trade is Linde Bangladesh Limited 42 crore 32 lakh takas of company shares have been traded.
A total of 32 companies’ shares were traded in the Block on Dhaka Stock Exchange. A total of 69 lakh 16 thousand 672 shares of the companies were traded. The financial value of which is 37 crore 43 lakh taka.
Stocks
6 Mutual Funds Announce their Dividends
6 Mutual Funds from Dhaka Stock Exchange (DSE) have disclosed their Dividends for the year ended June 30, 2024. This source is known from the DSE official website.
The Funds Dividends Declaration are therefore given below
EXIM Bank 1st Mutual Fund: has recommended no Dividend for the year ended June 30, 2024. Record Date: October 6, 2024.
It has reported EPU loss of Tk 1.91 paisa, and Consolidated NAV per unit at market price of Tk. 8.16, NAV per unit at cost price of Tk. 11.28 for the year ended June 30, 2024.
First Bangladesh Fixed Income Fund: has recommended no Dividend for the year ended June 30, 2024. Record Date: October 6, 2024.
It has reported EPU loss of Tk 1.82 paisa, and Consolidated NAV per unit at market price of Tk. 8.32, NAV per unit at cost price of Tk. 11.15 for the year ended June 30, 2024.
First Janata Bank Mutual Fund: has recommended no Dividend for the year ended June 30, 2024. Record Date: October 6, 2024.
It has reported EPU loss of Tk 2.24 paisa, and Consolidated NAV per unit at market price of Tk. 7.54, NAV per unit at cost price of Tk. 11.25 for the year ended June 30, 2024.
IFIC Bank 1st Mutual Fund: has recommended no Dividend for the year ended June 30, 2024. Record Date: October 6, 2024.
It has reported EPU loss of Tk 1.79 paisa, and Consolidated NAV per unit at market price of Tk. 8.19, NAV per unit at cost price of Tk. 11.52 for the year ended June 30, 2024.
Trust Bank 1st Mutual Fund: has recommended no Dividend for the year ended June 30, 2024. Record Date: October 6, 2024.
It has reported EPU loss of Tk 1.96 paisa, and Consolidated NAV per unit at market price of Tk. 8.16, NAV per unit at cost price of Tk. 11.35 for the year ended June 30, 2024.
EBL First Mutual Fund: has recommended no Dividend for the year ended June 30, 2024. Record Date: October 6, 2024.
It has reported EPU loss of Tk 1.89 paisa, and Consolidated NAV per unit at market price of Tk. 7.88, NAV per unit at cost price of Tk. 11.28 for the year ended June 30, 2024.
Stocks
U.S. Stock Indices in the Green on the Previous Week
Reviewing the U.S. Stock Markets, the Nasdaq Composite, recorded a decent gain of 993 points, reaching a closing value of 17,683 points by the end of the week. Similarly, the S&P 500 index showed a positive trend, adding 218 points to settle at 5,626 points. Meanwhile, DJIA Index experienced a notable hike, adding 1,048 points during the week and concluding at 41,393 points after a week of gaining.
In contrast, Russell 3000 Index saw a gainin week performance, with a slight gain of 125 point to reach 3,077 points by the end of the week.
Moving to Russell 2000 Index, demonstrated a notable hike of 91 points, ending the week at 2,182 points.