Stocks
Weekly Bourse Shrinks
Weekly Dhaka Stock Exchange, DSE, Dhaka Bourse has seen a drop in turnover, market capitalization and index. This information was disclosed in the weekly market review from the DSE
According to sources, (5 working days) the market capitalization of DSE dropped by Tk 3 thousand 696 crore 92 lakh 3 thousand 74 (12 March– 16 March) At the same time, the turnover has lost by 44 crore 87 lakh 63 thousand 45 taka.
The benchmark index ‘DSEX’ shed 39.93 points or 0.64 percent, in the outgoing week. At the end of the week, the index stands at 6,220 points. The Shariah-based index ‘DSES’ lost 5.48 points or 0.40 percent and therefore the index stands at 1,356 points. The blue-chip index ‘DS30’ dropped 8.21 points or 0.37 percent, hence the index stands at 2,218 points.
Shares and units worth 2 thousand 540 crore 10 lakh 27 thousand 940 taka were traded in Dhaka Stock Exchange. At the end of the week, the market capitalization stood at 7 lakh 61 thousand 894 crore 67 lakh 4 thousand 16 taka.
Shares and units of 400 companies were traded on DSE during the week. Of these, 222 shares were unchanged. 141 companies declined, while 15 companies advanced.
Rupali Life Insurance Co. Limited has ranked at the top of weekly trading on DSE. It is known that 1 crore 31 lakh 96 thousand 579 shares of the company were traded throughout the week. Its market value is 145 crore 8 akh 30 thousand takas.
Al-Haj Textiles Mills Limited has ranked at the top of weekly gainers on DSE. It is known that the share traded a total of Tk 41 crore 77 lakh 98 thousand, which is an average of8 crore 35 lakh 59 thousand 600 per day. The share has risen 11.86 pc to its highest price.
Bangladesh General Insurance Company Limited has ranked at the top of weekly losers on DSE. It is known the share traded a total of Tk 1 crore 74 thousand, which is an average of 20 lakh 14 thousand 800 shares per day. The share has dropped 15.97 percent lowest in the last week.
/NR
One of the listed companies Hakkani Pulp & Paper Mills Limited from the Dhaka Stock Exchange (DSE), Hosne Ara Begum, a sponsor director has expressed the intention to sell 50,000 shares from her holdings in the company at the prevailing market price in the Chittagong Stock Exchange (CSE).
All the shares will be sold on the block market within the next 30 working days.
As of Persent, Hosne Ara Begum is holding 10,91,666 shares of the company.
The company was listed on the stock exchange in 2001, and its main goals are to manufacture various types of pulp, paper, and tissue products.
The board of the company recommended a 1% cash dividend for its general shareholders other than sponsors or directors, for fiscal 2021-22.
As of 28 February 2023, sponsors and directors held 44.69 percent of the company’s shares, institutional investors 2.87 percent, and general investors 52.44 percent.
The last trading share price of the company at the Dhaka stock exchange was Tk 53.20 till 1:56 pm Tuesday (28 March).
Dhaka Stock Exchange DSE, Bourses on the second working day of the week, March 28, ended with price index & turnover drops.
This information is known from DSE sources.
272 crores 5 lakh shares were traded in DSE on this day. 45 crores 54 lakhs less trading was done in DSE today compared to the previous workday, 27 March, Shares worth Tk 317 crores 60 lakh shares were traded in DSE last time, Monday.
The benchmark index DSEX dropped 11.83 points or 6,193. The Shariah-based index DSES shed 4.06 points or 1,345, and the blue-chip index DS30 lost 4.70 points or 2,205.
Of the issues traded, 28 advanced, 56 declined, and 201 remained unchanged.
Legacy Footwear Limited ranked top gainer on DSE, the share price increased by Tk 6.0 paisa or 9.71 percent. On this day, the share was last traded at Tk 67.80 paisa.
On the other hand, Jute Spinners Ltd ranked top loser on the DSE, the share price dropped by Tk 17.7 paisa or 6.76 percent. On this day, the share was last traded at Tk 246.30 paisa.
DSE topped on trade eastern Housing Limtied 20 crores 42 lakh 72 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, 52 lakh 48 thousand 57 shares of the companies were traded. The financial value of which is 30 crore 71 lakh taka.
One of the Listed Companies, Pioneer Insurance Company Limited has recommended 25 percent cash & 5 percent stock Dividend to its investors for the Financial Year ending December 31, 2022.
This source is known from DSE.
The Company has reported EPS (after tax) of Tk 6.09 paisa, NAV per share of Tk 46.88 for the year ended December 31, 2022, as against EPS of Tk 6.93 paisa (restated).
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 27.
/NR
