Stocks
Trades Controversial in Bourses, Difference in Data
Bourses, Dhaka Stock Exchange, today noticed irregularities in the trades. There is a big difference between the trading platform and the information provided on the website of the bourse, and that brings new controversy about the trades in DSE. This information is known from their related sources.
According to their sources, trading in Dhaka Stock Exchange (DSE) was stopped at 10:58 am on Monday, October 24, due to a technical error. Lately, DSE resumed trading for only 20 minutes from 2:10 PM to 2:30 PM. After the trade, Dhaka Stock Exchange has given the wrong data about the transaction on its website.
Sources told Orthosongbad, that the wrong data was found on the website of the Dhaka Stock Exchange on Monday. According to the data given on the website of DSE, 334 crores 76 lakh takas have been tarded today. They say that there is no match between the trading platform and the information given on DSE’s website.
The investigation showed that the amount of trading on the website of Dhaka Stock Exchange is Tk 334 crore 76 lakh, but the amount of transactions on the trading platform is more.
Related sources told Orthosongbad that the trading platform of DSE today showed the amount of Tk 554 crores. Which is Tk 219 crore 29 lakh more than the data given on their website.
Also, a total of 1 lakh 43 thousand 872 shares of Metro Spinning Mills has been traded, it has been published on the Dhaka Stock Exchange website. On the other hand, the number of Metro Spinning shares traded on the trading platform is 2 lakh 19 thousand 355. Investors question which information is correct. Hence, the share price of the company is shown at 44 taka 80 paisa on both platforms.
Investors are conflicted because of the two types of information on the two platforms. They say the trading platform and DSE’s websites provide different information that causes the conflicts.
As usual, the trading data are updated on the Dhaka Stock Exchange website based on the trading platform information. Hence, there is a big difference in the data of the trading platform and the information of the DSE, the market stakeholders consider Monday’s trading questionable.
The information given on the trading platform shows a transaction of Tk 554 crore. But when the technical glitch occurred in DSE, the transaction till then was slightly more than 200 crores. And after fixing the technical error, it is possible to transact about 300 crore takas in just 15 minutes from 2:10 pm to 2:25 pm, the question remains in the minds of those who were concerned.
When asked to know about the issues, Dhaka Stock Exchange Public Relations Department Officer Deputy General Manager Shafiqur Rahman told Orthosongbad that Tk 334 crore 76 lakh was traded in DSE today. The information provided on the website is correct.
In response to the question of why the transaction amount of Tk 554 crore is being shown on the trading platform, the official of DSE said that he does not know about the transaction of the trading platform, he has to find it out.
∼NR
Dhaka Stock Exchange DSE, Bourse on the last working day of the week, April 18th, ended with a drop in Indices and hike in Turnover from the previous working session. This information is known from DSE sources.
522 crore 51 lakh taka shares were traded on this day. 39 crore 97 lakh more tradings were done in DSE today compared to the previous workday, 17th April , Shares worth Tk 482 crores 53 lakh shares were traded last time, Wednesday.
The benchmark DSEX lost 77.08 points or 5,686 The Shariah-based index DSES dropped 15.85 points or 1,246, and the blue-chip index DS30 decreased by 22.77 points or 1,984.
Of the issues traded, 29 advanced, 342 declined and 24 remained unchanged.
Asiatic laboratories Limited ranked top gainer on DSE, the share price increased by Tk 4.60 paisa or 9.96 percent. On this day, the share was last traded at Tk 50.80 paisa.
Far East Finance & Investment Limited ranked top loser on the DSE, the share price dropped by Tk 0.30 paisa or 6.97 percent. On this day, the share was last traded at Tk 4.00 paisa.
DSE topped on trade is Asiatic Laboratories Limited 39 crore 22 lakh takas of company shares have been traded.
A total of 40 companies’ shares were traded in the Block on Dhaka Stock Exchange. A total of 47 lakh 25 thousand 651 shares of the companies were traded. The financial value of which is 17 crore 46 lakh taka
One of the listed companies, Agni Systems limited discloses its financial reports for the third quarter, (January – March 24).
The company’s earnings per share (EPS) was Tk 0.32 paisa in Q3 of the current financial year (January – March 24). EPS was Tk 0.27 paisa during the same period last year. NAV per share was Tk. 16.37 as of March 31, 2024.
One of the Listed companies, Dutch Bangla Bank PLC has recommended 17.5% Cash Dividends & 17.5% Stock Dividends for the year ended December 31, 2023.
In terms of financial performance, The Company has further informed Consolidated EPS of Tk. 10.72 for the year ended December 31, 2023. The Company has also reported Consolidated NAV per share of Tk. 64.41 for the year ended December 31, 2023.
The Annual General Meeting (AGM) of the company will be taking place on June 09, through the digital platform. The record date for this has been fixed at May 9.
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