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Chartered Life retained top gainer on DSE

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Chartered Life Insurance Company Limited ranked top ten gainers on Dhaka Stock Exchange, DSE today, November 23, the share price increased by 5 taka 40 paisa or 9.96pc. On this day, the share was last traded at 59 taka 60 paisa.

This information is known from DSE sources.

According to the data, the firm traded 1 lakh 76 thousand 940 shares in 3 thousand 665 times.

2nd on the list is Advent Pharma Ltd. Today the price of the company’s share price increased by 2 taka 20 paisa or 9.73pc. The share was last traded at 24 taka 80 paisa.

And the 3rd on the list is Sonali Aansh Industries Limited. Today the company share price has increased by 50 taka 10 paisa or 7.36pc. The share was last traded at 731 taka 10 paisa.

Other companies on the gainer list are Bangladesh General Insurance Company, Monno Agro & General Machinery, Pragati Life Insurance, Sonali Paper & Board Mills, Kay & Que (Bangladesh), Popular Life Insurance Company & Information Services Network.

/NR

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Economy

DSE, DBA Commends PM’s Directive for Govt. Listing

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The Dhaka Stock Exchange (DSE) and the DSE Brokers Association (DBA) have expressed gratitude towards Prime Minister Sheikh Hasina for her directive to list government companies in the capital market, a move hailed as timely and positive.

The directive was issued during the recent meeting of the Executive Committee of the National Economic Council (Ecnec) last Thursday.

Dr. Hafiz Muhammad Hasan Babu, Chairman of DSE, described the directive as a significant step towards enhancing the dynamics of the capital market. He emphasized that besides invigorating the capital market, this move would also attract foreign investment and promote sustainable development.

Despite previous efforts, government institutions had not been listed in the stock exchange, according to a notification issued by the DSE. The Prime Minister’s directive is seen as a pivotal step towards revitalizing and expanding the economy.

Dr. Babu further remarked, “The listing of reputable companies in the capital market, as directed by the Prime Minister, will greatly benefit the country’s economy. It will also enhance investor confidence.”

Similarly, the DBA released a notification applauding the Prime Minister’s directive, terming it as positive and timely for the capital market.

Saiful Islam, President of DBA, expressed optimism about the directive’s potential to accelerate the country’s capital market and overall economy. He pledged support to relevant government departments and regulatory bodies in implementing the directive, ensuring its positive impact on the economy, including the capital market.

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Phoenix Insurance releases their Q1 Financials

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Phoenix Insurance

One of the listed companies, Phoenix Insurance Company Limited discloses its financial reports for the first quarter, (January – March 24).

The company’s earnings per share (EPS) was Tk 0.48 paisa in Q1 of the current financial year (January – March 24). EPS was Tk 0.67 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 35.27.

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Sena Kalyan Insurance reveals their Q1 financials

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Sena Kalyan Insurance

One of the listed companies, Sena Kalyan Insurance Company Limited discloses its financial reports for the first quarter, (January – March 24).

The company’s earnings per share (EPS) was Tk 0.92 paisa in Q1 of the current financial year (January – March 24). EPS was Tk 0.67 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 23.13.

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