Stocks
Weekly Bourse on Red
Weekly Dhaka Stock Exchange, DSE, Dhaka Bourse has seen a dropped in turnover, market capitalization and index. This information was disclosed in the weekly market review from the DSE
According to sources, the market capitalization of DSE dropped by Tk 3 thousand 202 crore 45 lakh 60 thousand 988 (12 February – 16 February) At the same time, the turnover has lost by 1 thousand 132 crore 47 lakh 10 thousand 333 taka.
The benchmark index ‘DSEX’ dropped 37.10 points or 0.59 percent, in the outgoing week. At the end of the week, the index stands at 6,246 points. The Shariah-based index ‘DSES’ shed 5.27 points or 0.38 percent and therefore the index stands at 1,366 points. The blue-chip index ‘DS30’ lost 11.16 points or 0.50 percent, hence the index stands at 2,224 points.
Shares and units worth 2 thousand 111 crore 19 lakh 68 thousand 839 taka were traded in Dhaka Stock Exchange. At the end of the week, the market capitalization stood at 7 lakh 63 thousand 848 crore 69 lakh 90 thousand 940 taka.
Shares and units of 400 companies were traded on DSE during the week. Of these, 197 shares were unchanged. 151 companies declined, while 27 companies advanced.
Bangladesh Shipping Corporation has ranked at the top of weekly trading on DSE. It is known that 1 crore 4 lakh 13 thousand 668 shares of the company were traded throughout the week. Its market value is 143 crore 81 lakh 77 thousand takas.
Al-Haj Textile Mills Limited has ranked at the top of weekly gainers on DSE. It is known that the share traded a total of Tk 42 crore 34 lakh 9 thousand, which is an average of 8 crore 46 lakh 81 thousand 800 taka per day. The share has risen 15.12 pc to its highest price.
ICB AMCL CMSF Golden Jubilee has ranked at the top of weekly losers on DSE. It is known the share traded a total of Tk 16 lakh 37 thousand, which is an average of 3 lakh 27 thousand 400 share per day. The share has dropped 24.24 percent lowest in the last week.
/NR
One of the listed companies, Standard Ceramic Industries Limited, discloses its financial reports for the second quarter, (October-December 22). This source is known from DSE.
The company’s earnings per share (EPS) was loss Tk 1.33 paisa in Q2 of the current financial year. EPS was loss Tk 4.33 paisa during the same period last year. As of December 31, 2022, net asset value (NAVPS) was Tk 2.33 paisa.
The company reported EPS has been decreased due to reduction in sales and gross profit.
/NR
South Asian Bourse or Stock Markets saw growth last week. Among them, the hike 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 hiked 1,464 points during the week. At the end of the week, the index stood at 58,991 points. On the other hand, the Nifty-50 index of the country’s National Stock Exchange rose by 414 points last week. At the end of the week, the index stood at 17,359 points.
Pakistan Stock Exchange Index ‘KSE 100’ earned 58 points last week. After a week of gaining, the index settled at 40,000 points.
On the hand The Sri Lankan stock market hiked, the Colombo Stock Exchange index ‘ASPI’ lost 118 points in a week. After a week the index settled at 9,301 points.
Bhutan’s stock market index ‘BSI’ hiked by 68 point and the index stood at 1,195 points throughout the whole week. Nepal’s ‘NEPSE’ lost 7 points last week, as the index stands at 1,908 points.
BSEC: Bangladesh Securities and Exchange Commission Chairman Professor Shibli Rubayat-Ul-Islam have told that the capital market is marching forwards to its desired goal.
The roadshows organized in many global nations to bring in foreign investment through this market and are getting good results. Foreign investors are inquiring about many issues. BSEC Chairman also said ‘Bangladesh is moving in the right direction. If we continue like this, we will certainly be able to achieve the goal of becoming a developed country.’ He said this while addressing the Chief Guest at the Iftar Mahfil organized by the Capital Market Journalists Forum (CMJF) on Friday (March 31).
BSEC Commissioner Professor Dr. was present as a guest at the event. Sheikh Shamsuddin Ahmed, commissioner. Mizanur Rahman, Dhaka Stock Exchange (DSE) Chairman Prof. Dr. Hafiz Muhammad Hasan Babu, Director Professor Abdullah Al Mahmud, Rubaba Daula, Shakeel Rizvi, Sharif Anwar, Former BSEC Commissioner Arif Khan, Bangladesh Merchant Bankers Association (BMBA) President Chaedur Rahman, DSE Brokers Association President Richard De Rosario, CCBL Managing Director Farhad Ahmed. , Executive Director of BSEC Mohammad Rezaul Karim, Former Director of DSE Minhaj Mannan Imon, Anwar Hossain, Acting Managing Director AKM Saifur Rahman, Acting Managing Director of CSE Ghulam Farooq, President of ERF Refayet Ullah Mridha, General Secretary Abul Kasem and others were present. President of the organization Ziaur Rahman presided over the program and General Secretary Abu Ali conducted the event.
Dhaka Stock Exchange (DSE) Chairman Prof. Dr. Hafiz Muhammad Hasan Babu said ‘we need big and institutional investors in the market, so we will try to associate or connect more institutional investors with our capital markets. We will go to many of the big investors who are still observing the market. We will try to bring them to the capital market. We will do whatever support they need to approach to the capital market.
CMJF President Ziaur Rahman demanded free access of journalists to all government institutions and establishments and the repeal of the Digital Securities Act. He said that independent and responsible journalism is essential for the sake of capital market and economic development.
