Stocks
Stock market is the only platform to raise long-term capital: BSEC
BSEC: Bangladesh Securities and Exchange Commission Chairman Professor Shibli Rubayat-Ul-Islam said that the stock market is being given a complete shape by bringing innovative products.
He stated this in the President’s speech at the ‘Investment Education Conference’ organized jointly by BSEC, Bangladesh Academy for Capital Markets (BASM) and Capital Market Stabilization Fund (CMSF) at a convention center in Sylhet on Saturday (January 21). Expatriate Welfare and Foreign Employment Minister Imran Ahmed was the chief guest at the event.
Professor Shibli Rubayat-Ul-Islam said “we are giving a complete shape to the capital market by bringing all innovative products. Many doors are opening for you in alternative finance and investment. By getting your small investments through bonds or equity, big companies are creating big industries in the country. Thousands of people are getting employment. When employment is created from home to home, there will be no way to stop the development of the country. At this moment employment is the only thing we need. Therefore, the only source of long-term investment is the capital market”.
He said, just as you need businessmen, so businessmen also need you. Traders will benefit through investors, giving good returns to investors. We warn, penalize and fine those who do not file returns. Very soon you will see a beautiful Share market.
Regarding investment education, Professor Shibli Rubyat-Ul-Islam said that all brokers and investors are being trained. Because we realized, when people know and understand, no one can deceive them. There will be no word of trust, our work will also decrease.
He said Bangladesh is now the 41st largest economy in the world. We are assured of food, clothing and shelter. We now have to import heavy industries like oil, iron, copper. Bangladesh is now the second-largest exporter of textiles. As the price of the dollar increases, the product has to be bought at a higher price. The result is inflation. If the supply chain is fixed, the price of the dollar will come down. And if the price goes down, our pressure will also go down.
Dhaka Stock Exchange DSE, Bourse on the fourth working day of the week, April 24th, ended with a mixed in Indices and hike in Turnover from the previous working session. This information is known from DSE sources.
602 crore 74 lakh taka shares were traded on this day. 5 crore 18 lakh more tradings were done in DSE today compared to the previous workday, 23rd April , Shares worth Tk 597 crores 56 lakh shares were traded last time, Tuesday.
The benchmark DSEX lost 54.63 points or 5,578 The Shariah-based index DSES dropped 6.16 points or 1,229, and the blue-chip index DS30 increased by 4.24 points or 1,984.
Of the issues traded, 79 advanced, 274 declined and 41 remained unchanged.
ADN Telecom Limited ranked top gainer on DSE, the share price increased by Tk 10.0 paisa or 9.91 percent. On this day, the share was last traded at Tk 110.90 paisa.
Khulna Printing & Packaging Limited ranked top loser on the DSE, the share price dropped by Tk 2.10 paisa or 9.77 percent. On this day, the share was last traded at Tk 19.40 paisa.
DSE topped on trade is Asiatic Laboratories Limited 35 crore 42 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 31 lakh 41 thousand 990 shares of the companies were traded. The financial value of which is 16 crore 45 lakh taka
One of the listed companies,Heidelberg Cement Bangladesh Limited discloses its financial reports for the first quarter, (January – March 24).
The company’s earnings per share (EPS) was Tk 6.96 paisa in Q1 of the current financial year (January – March 24). EPS was Tk 6.85 paisa during the same period last year. NAV per share was Tk. 74.16 as of March 31, 2024.
One of the listed companies, Matin Spinning Mills PLC discloses its financial reports for the third quarter, (January – March 24).
The company’s earnings per share (EPS) was Tk 0.98 paisa in Q3 of the current financial year (January – March 24). EPS was Tk 0.11 paisa during the same period last year. NAV per share (with revaluation reserves) was Tk. 57.19 as on March 31, 2024.
