Stocks
Weekly Top Loser: Indo-Bangla Pharmaceuticals
Indo-Bangla Pharmaceuticals Limited has ranked at the top of weekly losers in the bourse, Dhaka Stock Exchange, DSE.
This information is known from the DSE sources.
In the previous working week, the share traded a total of Tk 26 crore 80 lakh 78 thousand, which is an average of 5 crore 36 lakh 15 thousand 600 taka per day. The share has dropped 16.67pc lowest in the last week.
2nd on the list is Desh General Insurance Company Limited, the share traded a total of Tk 32 crore 87 lakh 66 thousand, which is an average of 6 crore 57 lakh 53 thousand 200 per day. The share has dropped 14.58pc lowest in the last week.
3rd on the list is Hakkani Pulp & Paper Mill Limited, the share tarded a total of Tk 13 crore 59 lakh 12 thousand, which is an average of 2 crore 71 lakh 82 thousand 400 per day. The share has dropped 14.37pc lowest in the last week.
Among other companies in the list of top losers whose share has dropped lowest are – Eastern Cables Limited 13.97pc, Samorita Hospital Limited 13.33pc, ADN Telecom Limited 11.80pc, Aamra Technologies Limited 11.63pc, Lub-rref (Bangladesh) Limited 10.97pc, Information Services Network Limited 10.73pc & Doreen Power Generations & Systems Limited 10.69pc.
/NR
Stocks
Indices Negative Amidst Turnover Hikes
Dhaka Stock Market DSE, Bourse on the second working day of the week, 30th September, ended with a negative performance in Indices and a hike in Turnover from the previous working session. This information is known from DSE sources.
503 crore 90 lakh taka shares were traded on this day. 22 crore 58 lakh more tradings were done in DSE today compared to the previous workday, 29th September, Shares worth Tk 481 crores 31 lakh shares were traded last time, Sunday.
The benchmark DSEX lost 33.61 points or 5,624 The Shariah-based index DSES dropped 7.36 point or 1,263 and the blue-chip index DS30 decreased by 9.57 points or 2,053.
Of the issues traded, 72 advanced, 299 declined and 25 remained unchanged.
Shahjibazar Power Company Limited ranked top gainer on DSE, the share price increased by Tk 4.00 paisa or 9.76 percent. On this day, the share was last traded at Tk 45.00 paisa.
Dhaka Electric Supply Company Limited ranked top loser on the DSE, the share price dropped by Tk 1.80 paisa or 7.56 percent. On this day, the share was last traded at Tk 22.00 paisa.
DSE topped on trade is Pragati Life Insurance Limited 25 crore 35 lakh takas of company shares have been traded.
A total of 27 companies’ shares were traded in the Block on Dhaka Stock Exchange. A total of 1 crore 50 lakh 42 thousand 956 shares of the companies were traded. The financial value of which is 65 crore 60 lakh taka
Stocks
National Polymer Announce Their Dividends & Q2 Financials
One of the Listed companies, National Polymer Limited has recommended 10.50% Cash Dividend for the year ended June 30, 2024.
It has reported Consolidated EPS of Tk 2.27 paisa, and Consolidated NAV per share of Tk 30.63 for the year ended March 31, 2024.
The Annual General Meeting (AGM) of the company will be held on December 18, through the digital platform. The record date for this has been fixed at October 22.
The Company also discloses its financial reports for the second quarter, (April – June 24).
As per the company’s consolidated life revenue account for April to June 2024, the excess of total income over total expenses, including claims (surplus), stood at Tk 1,394.24 million. This marks a significant increase from the surplus of Tk 823.68 million during the same period in 2023.
For the first half of 2024, from January to June, the company reported a surplus of Tk 2,177.57 million, compared to Tk 1,290.39 million in the corresponding period of the previous year.
Additionally, the Life Insurance Fund balance as of June 30, 2024, reached Tk 55,188.62 million, showing a net increase of Tk 5,892.25 million from Tk 49,296.37 million on June 30, 2023.
Stocks
Beacon Pharma Declares Their Dividends
One of the Listed companies, Beacon Pharmaceuticals PLC has recommended 20% Cash dividend and 10% Cash Dividend to Sponsor Shareholder and Directors for the year ended June 30, 2024.
It has reported EPS of Tk 2.26 paisa, and NAV per share of Tk. 26.37 for the year ended June 30, 2024.
The Annual General Meeting (AGM) of the company will be held on December 23, through the digital platform. The record date for this has been fixed at October 27.