Stocks
Adani dropped from the list of the world’s top 20 richest people
The rapid rise of the Adani Group led by Indian billionaire Gautam Adani caught the attention of the entire world.
But after the US research agency Hindenburg report, the empire built by Adani seems to be falling at the same pace. Adani, who was in the 3rd position in the list of the world’s richest people, is now not even in the top 20.
On 3 February (Friday), the Indian industrialist was dropped from the list of the top 20 richest people in the world. Adani, the owner of $59 billion in assets, was in the 21st position.
According to the Times of India report, Adani came down to number 11 on January 31.
Adani’s loss of billions of dollars has brought Mukesh Ambani back to the position of India’s richest man.
According to Bloomberg data, Ambani, who owns $80.7 billion, has once again emerged as the top Indian richest man.
On the other hand, according to the report, the capital of seven companies of Adani Group registered in the stock market has decreased by 100 billion dollars in just 6 days.
Due to this shock, Adani Enterprises has withdrawn its follow-on public (FPO) from the stock market. It has been informed on their behalf that the investors in the FPO will be returned in full.
On January 24 of this year, US firm Hindenburg Research in a report accused Adani Group of financial fraud and manipulation. However, Adani Group rejected Hindenburg’s allegation.
After that, Adani Group collapsed in the stock market.
One of the Listed Companies, Phoenix Insurance Company Limited has recommended 15 percent cash Dividend to its investors for the Financial Year ending December 31, 2022.
This source is known from DSE.
The Company has reported EPS of Tk 2.02 paisa, NAV per share of Tk 37.10 for the year ended December 31, 2022, as against EPS of Tk 2.20 paisa.
The Annual General Meeting (AGM) of the company will be held on May 31 through the digital platform. The record date for this has been fixed at April 17.
/NR
One of the Listed Companies, Central Insurance Company Limited has recommended 15 percent cash Dividend to its investors for the Financial Year ending December 31, 2022.
This source is known from DSE.
The Company has reported EPS of Tk 2.03 paisa, NAV per share of Tk 49.48 for the year ended December 31, 2022, as against EPS of Tk 2.41 paisa.
The Annual General Meeting (AGM) of the company will be held on May 28 through the digital platform. The record date for this has been fixed at April 16.
/NR
Dhaka Stock Exchange DSE, Bourses on the second working day of the week, March 20, ended with price index & turnover drops.
This information is known from DSE sources.
344 crores 66 lakh shares were traded in DSE on this day. 107 crores 62 lakhs less trading was done in DSE today compared to the previous workday, 19 March, Shares worth Tk 452 crores 29 lakh shares were traded in DSE last time, Sunday.
The benchmark index DSEX dropped 3.15 points or 6,204. The Shariah-based index DSES lost 2.95 points or 1,349, and the blue-chip index DS30 shed 1.96 points or 2,215.
Of the issues traded, 51 advanced, 35 declined, and 234 remained unchanged.
Chartered Life Insurance Company Limited ranked top gainer on DSE, the share price increased by Tk 1.9 paisa or 3.12 percent. On this day, the share was last traded at Tk 62.80 paisa.
On the other hand, AL-Haj Textile Mills Ltd ranked top loser on the DSE, the share price dropped by Tk 19.6 paisa or 10.00 percent. On this day, the share was last traded at Tk 176.40 paisa.
DSE topped on trade Sea Pearl Beach Resort & Spa Limited 14 crores 96 lakh 47 thousand takas of shares of the company have been traded.
A total of 43 companies’ shares were traded in the Block on Dhaka Stock Exchange, 1 crore 8 lakh 2 thousand 642 shares of the companies were traded. The financial value of which is 108 crore 33 lakh taka.
