Stocks
Bourse Hikes
Dhaka Stock Exchange DSE, Bourses on the FIRST working day of the week, March 5, ended with price index & turnover hikes.
This information is known from DSE sources.
662 crores 36 lakh shares were traded in DSE on this day. 234 crores 64 lakhs more trading was done in DSE today compared to the previous workday, 2 March, Shares worth Tk 427 crores 72 lakh shares were traded in DSE last time, Thursday.
The benchmark index DSEX hiked 36.45 points or 6,250. The Shariah-based index DSES rose 5.63 points or 1,362, and the blue-chip index DS30 gained 9.55 points or 2,225.
Of the issues traded, 152 advanced, 14 declined, and 174 remained unchanged.
Bangladesh General Insurance Company Limited ranked top gainer on DSE, the share price increased by Tk 5.9 paisa or 9.97 percent. On this day, the share was last traded at Tk 65.10 paisa.
On the other hand, Union Capital Limited ranked top loser on the DSE, the share price dropped by Tk 0.9 paisa or 10 percent. On this day, the share was last traded at Tk 8.10 paisa.
DSE topped on trade Bangladesh Shipping Corporation 48 crores 12 lakh 91 thousand takas of shares of the company have been traded.
A total of 57 companies’ shares were traded in the Block on Dhaka Stock Exchange, 96 lakh 21 thousand 844 shares of the companies were traded. The financial value of which is 93 crore 60 lakh taka.
On the other hand, DSE-SME (Small & Medium Enterprises) Index hiked to 54.96 points which now stood at 1,096 points. The total turnover stops by the end of the day at 3 crore 28 lakh.
ATB (Alternate Trading Board) Platform, LankaBangla Securities Limited turnover stood at 7 lakh 66 thousand.
/NR
“Amidst a dynamic week in the U.S. stock markets, where indices experienced a spectrum of movements, investors were met with a mixed bag of outcomes. While the Nasdaq Composite displayed a robust surge, bolstered by a significant hike of 184 points, other key indices such as the S&P 500 and DJIA demonstrated divergent trends. Despite the S&P 500 showing a negative trajectory, the DJIA Index witnessed a noteworthy ascent, reflecting the market’s resilience to certain headwinds.
However, amidst this volatility, smaller-cap indices like the Russell 3000 and Russell 2000 showcased their own distinct performances, hinting at underlying market dynamics. This nuanced overview encapsulates the multifaceted movements that characterized the U.S. stock markets during the week, offering insights into the varying factors influencing investor sentiment and market behavior.”
Reviewing the U.S. Stock Markets, the Nasdaq Composite, recorded a decent hike of 184 points, reaching a closing value of 16,340 points by the end of the week. Similarly, the S&P 500 index showed a negative trend, adding 95 points to settle at 5,222 points. Meanwhile, DJIA Index experienced a notable hike, adding 837 points during the week and concluding at 39,512 points after a week of gain.
In contrast, Russell 3000 Index saw a gain in week performance, with a slight hike of 52 points to reach 2,986 points by the end of the week.
Moving to Russell 2000 Index, demonstrated a notable gain of 24 points, ending the week at 2,059 points.
In the Outgoing week, the European stock market displayed a gaining performance.
Here is the data on the weekly performance of the European Stock Market, The STOXX Europe 600 index, which is considered a leading benchmark for the European market and covers approximately 90 percent of the market capitalization across 17 countries, reported a added of 15.23 points to close at 520.76.
The United Kingdom’s FTSE 100, one of the most widely followed indices in Europe, also showed a significant surge, adding 220 points or finishing the session at 8,433.
In Germany, the DAX 30 index, gaining by 771 points to reach 18,772, while France’s CAC 40 increased by 262 points to stop at 8,219 at the end of the trading day.
Italy’s FTSE MIB, which covers the top 40 stocks traded on the Milan Stock Exchange, increased by 1,028 points to 34,657. However, Spain’s IBEX 35, added by 251 points, to close at 11,105.
A review of South Asian stock markets shows that India’s Bombay Stock Exchange (BSE) index BSE Sensex has lost 1,214 points during the week. At the end of the week, the index stood at 72,664 points. On the other hand, the Nifty-50 index of the country’s National Stock Exchange gained by 420 points last week. At the end of the week, the index stood at 22,055 points.
Pakistan Stock Exchange Index ‘KSE 100’, adds 1,139 points last week. After a week of gaining, the index settled at 73,110 points.
On the other hand, The Sri Lankan stock market index hiked, and the Colombo Stock Exchange index ‘ASPI’ increased by 114 points in a week. After a week the index settled at 12,518 points.
Bhutan’s stock market index ‘BSI’ adds 9 points hence the index stood at 1,515 points throughout the whole week. Nepal’s ‘NEPSE’ lost 32 points, therefore the index stands at 1,966 points.
Hence Dhaka Stock Exchange: The benchmark index ‘DSEX’ added by 45.4 points or 0.81 percent, in the outgoing week. At the end of the week, the index stands at 5,661 points.
