Connect with us

Stocks

Index Hikes, Turnover Drops on DSE

Published

on

DSE Bourse Index Capitalization Weekly hikes bull market

Dhaka Stock Exchange DSE, Bourses on the last working day of the week, January 26, ended with price index hikes & turnover drops.

This information is known from DSE sources.

734 crores 60 lakh shares were traded in DSE on this day. 229 crores 6 Lakh more trading was done in DSE today compared to the previous workday, 25 January, Shares worth Tk 734 crores 60 lakh shares were traded in DSE last time, Wednesday.

The benchmark index DSEX hiked 2.85 points or 6,296. The Shariah-based index DSES rose 2.27 points or 1,374, and the blue-chip index DS30 increased 2.00 points or 2,230.

Of the issues traded, 33 advanced, 136 declined, and 178 remained unchanged.

Eastern Housing Limited ranked top gainer on DSE, the share price increased by Tk 9.2 paisa or 9.92 percent. On this day, the share was last traded at Tk 101.90 paisa.

On the other hand, Intech Limited ranked top loser on the DSE, the share price dropped by Tk 4.7 paisa or 16.32 percent. On this day, the share was last traded at Tk 24.10 paisa.

DSE topped on trade Eastern Housing Limited, 29 crores 66 lakh 94 thousand takas of shares of the company have been traded.

A total of 56 companies’ shares were traded in the Block on Dhaka Stock Exchange, 1 crore 21 lakh 77 thousand 897 shares of the companies were traded. The financial value of which is 48 crore 76 lakh taka.

On the other hand, DSE-SME (Small & Medium Enterprises) Index dropped to 7.73 points which now stood at 1234 points. The total turnover stops by the end of the day at 1 crore 82 lakh.

ATB (Alternate Trading Board) Platform, LankaBangla Securities Limited turnover stood at1 lakh.

/NR

Share this

Stocks

Index Values Experience Rollercoaster Ride Amidst Dull Turnover

Published

on

turnover dse index bourse stock indices

Dhaka Stock Exchange DSE, Bourse on the last working day of the week, March 28th, ended with a hike in Indices and drops in Turnover from the previous working session. This information is known from DSE sources.

411 crore 8 lakh taka shares were traded on this day. 127 crore 71 lahks taka less tradings were done in DSE today compared to the previous workday, 27th March, Shares worth Tk 538 crores 79 lakh shares were traded last time, Wednesday.

The benchmark DSEX added 15.64 points or 5,778 The Shariah-based index DSES gained 2.19 points or 1,254, and the blue-chip index DS30 decreased by 0.98 points or 2,011.

Of the issues traded, 221 advanced, 120 declined and 54 remained unchanged.

IPDC Finance Limited ranked top gainer on DSE, the share price increased by Tk 2.30 paisa or 9.79 percent. On this day, the share was last traded at Tk 25.80 paisa.

Mercantile Islami Insurance PLC ranked top loser on the DSE, the share price dropped by Tk 1.30 paisa or 3.90 percent. On this day, the share was last traded at Tk 31.70 paisa.

DSE topped on trade is Central Pharmaceuticals Limited 24 crore 48 lakh takas of company shares have been traded.

A total of 36 companies’ shares were traded in the Block on the Dhaka Stock Exchange, 37lakh 44 thousand 909 shares of the companies were traded. The financial value of which is 20 crore 48 lakh taka.

Share this
Continue Reading

Stocks

Asian Markets Navigate Uncertainty Over Fed Rate Cuts

Published

on

Asian Markets

Asian investors proceeded cautiously on Thursday following remarks from a Federal Reserve official suggesting a potential delay or reduction in interest rate cuts. Meanwhile, the yen maintained its gains after briefly reaching a 34-year low the previous day.

As a recent market rally begins to lose steam, traders are reassessing the US monetary policy outlook. Above-forecast inflation and economic data have led some to question whether the central bank can adhere to its projection of three rate cuts this year.

Confidence has been further shaken by recent comments from Fed officials. Atlanta president Raphael Bostic reiterated his stance of expecting only one rate cut this year, warning against hasty actions that could disrupt the market. Governor Lisa Cook also urged caution among decision-makers.

The latest remarks came from Fed governor Christopher Waller, who suggested a reduction in the number of rate cuts or delaying them in response to recent data. Waller noted progress in reducing inflation but expressed concern over slowed or stalled progress in recent months.

His comments preceded the release of the personal consumption expenditures (PCE) index, expected to show a slight increase, on Friday. Despite concerns, all three main indexes on Wall Street saw gains, with the S&P 500 reaching another record high.

In Asia, markets were mixed, with Hong Kong, Shanghai, Sydney, and Wellington posting gains while Singapore, Seoul, Taipei, and Jakarta declined. Tokyo saw a decline of over one percent as the yen stabilized after hitting its weakest level since 1990 against the dollar.

A Bank of Japan official’s comments warning of continued accommodative monetary policy contributed to the yen’s slide. Speculation has arisen regarding potential intervention to support the currency, with Vice Finance Minister Masato Kanda expressing readiness to take necessary measures.

Market analysts anticipate heightened anticipation for Bank of Japan intervention, particularly in light of recent yen fluctuations. Concerns persist over potential market disruptions in the absence of intervention before the weekend.

Share this
Continue Reading

Stocks

Asian Tiger Growth Fund releases Q2 Financials

Published

on

Asian Tiger Growth Fund

One of the listed funds, Asian Tiger Sandhani Life Growth Fund discloses its financial reports for the second quarter, (October– December 23).

The company’s earnings per unit (EPU) loss Tk 0.01 paisa in Q2 of the current financial year (October – December 23). EPU was loss Tk 0.17 paisa during the same period last year. NAV per unit at market price was Tk. 10.20 as on December 31, 2023 and cost price was Tk. 11.07 as on December 31, 2023.

Share this
Continue Reading