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South Asian stocks Shrink on the outgoing week

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South Asian Stock Markets fell last week. Among them, the biggest fall was in the stock markets of India and Pakistan.

A review of South Asian markets shows that India’s Bombay Stock Exchange (BSE) index BSE Sensex has dropped 159 points during the week. At the end of the week, the index stood at 60,682 points. On the other hand, the Nifty-50 index of the country’s National Stock Exchange rose by 2 points last week. At the end of the week, the index stood at 17,856 points.

Pakistan Stock Exchange Index ‘KSE 100’ rose 1270 points last week. After a week of decline, the index settled at 41,741 points.

The Sri Lankan stock market also suffered a big fall last week. The Colombo Stock Exchange index ‘ASPI’ dropped by 250 points in a week.

Bhutan’s stock market index ‘BSI’ dropped 7 points and Nepal’s ‘NEPSE’ hiked 88 points last week.

/NR

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Heidelberg Cement Discloses their Q3 Financials

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Heidelberg Cement

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.

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Matin Spinning Reports Impressive EPS Growth in Q3

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Matin Spinning

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.

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EPS hikes for Prime Bank in Q1

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Prime Bank

One of the listed companies, Prime Bank PLC discloses its financial reports for the first quarter, (January – March 24).

The company’s Consolidated earnings per share (EPS) was Tk 1.16 paisa in Q1 of the current financial year (January – March 24). Consolidated EPS was Tk 0.92 paisa during the same period last year. Consolidated NAV per share was Tk. 31.93 as of March 31, 2024.

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