South Asian Stock Markets hiked on the outgoing week
South Asian Stock Markets fell last week. Among them, the biggest hike was in the stock markets of India.
A review of South Asian markets shows that India’s Bombay Stock Exchange (BSE) index BSE Sensex has gained 320 points during the week. At the end of the week, the index stood at 61,002 points. On the other hand, the Nifty-50 index of the country’s National Stock Exchange rose by 88 points last week. At the end of the week, the index stood at 17,944 points.
Pakistan Stock Exchange Index ‘KSE 100’ dropped 623 points last week. After a week of decline, the index settled at 41,118 points.
The Sri Lankan stock market also suffered a big fall last week. The Colombo Stock Exchange index ‘ASPI’ dropped by 131 points in a week. After a week of decline, the index settled at 8,848 points.
Bhutan’s stock market index ‘BSI’ rose by 6 points and Nepal’s ‘NEPSE’ dropped 112 points last week.
Index on Negative, Turnover shows slight Gain on DSE
Dhaka Stock Exchange DSE, Bourses on the first working day of the week, March 27, ended with price index drops & turnover hikes.
This information is known from DSE sources.
317 crores 60 lakh shares were traded in DSE on this day. 30 crores 62 lakhs more trading was done in DSE today compared to the previous workday, 23 March, Shares worth Tk 286 crores 97 lakh shares were traded in DSE last time, Thursday.
The benchmark index DSEX dropped 11.38 points or 6,203. The Shariah-based index DSES shed 3.56 points or 1,349, and the blue-chip index DS30 lost 2.60 points or 2,215.
Of the issues traded, 28 advanced, 72 declined, and 183 remained unchanged.
Legacy Footwear Limited ranked top gainer on DSE, the share price increased by Tk 5.6 paisa or 9.96 percent. On this day, the share was last traded at Tk 61.80 paisa.
On the other hand, Islamui Commercial Insurance Company Ltd ranked top loser on the DSE, the share price dropped by Tk 1.3 paisa or 4.71 percent. On this day, the share was last traded at Tk 26.30 paisa.
DSE topped on trade Unique Hotel & Resorts PLC 41 crores 52 lakh 86 thousand takas of shares of the company have been traded.
A total of 52 companies’ shares were traded in the Block on Dhaka Stock Exchange, 25 lakh 74 thousand 877 shares of the companies were traded. The financial value of which is 18 crore 76 lakh taka.
Salvo Chemical discloses Q2 Financials
One of the listed companies, Salvo Chemical Industry 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 Tk 0.37 paisa in Q2 of the current financial year. EPS was Tk 0.80 paisa during the same period last year. As of December 31, 2022, net asset value (NAVPS) was loss of Tk 15.42 paisa.
The company reported EPS has been decreased due to increase in costs because of high raw material price in local and import prices, currency devaluation and increase in energy price which adversely affected overall profitability of the Company.
Prime Islami Life Insurance releases its Dividends
One of the Listed Companies, Prime Islami Life Insurance Limited has recommended 2 percent cash Dividend to its investors for the Financial Year ending December 31, 2022.
This source is known from DSE.
The Annual General Meeting (AGM) of the company will be held on May 29 through the digital platform. The record date for this has been fixed at April 17.
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- Salvo Chemical discloses Q2 Financials
- Prime Islami Life Insurance releases its Dividends
- Midland Bank briefs on Q3 Financials
- United Finance declares its Dividends
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