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Weekly Bourse Shrinks

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DSE Bourse Index Capitalization Weekly hikes bull market

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

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Weekly US Stock Market Report Shows Diverse Performance

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On Thursday, a rally contributed to the recovery of U.S. stock indexes following a mostly negative performance the previous week. The NASDAQ’s increase of over 1% brought it within four-tenths of a percentage point below its record closing high established on November 19, 2021. Both the S&P 500 and the Dow extended their record highs set 11 days earlier.

The substantial daily gains on Thursday were driven by a stronger-than-expected earnings report from a major semiconductor company. The NASDAQ experienced its most significant surge in 12 months, rising nearly 3.0%, while the S&P 500 recorded its largest increase in 13 months at 2.1%.

Reviewing the U.S. Stock Markets, the Nasdaq Composite, recorded a decent gain of 278 points, reaching a closing value of 16,274 points by the end of the week. Similarly, the S&P 500 index showed a positive trend, adding 49 points to settle at 5,088 points. Meanwhile, DJIA Index experienced a notable hike, losing 44 points during the week and concluding at 39,087 points after a week of gain.

In contrast, Russell 3000 Index saw a hike in week performance, with a slight gain of 31 points to reach 2,944 points by the end of the week.

Moving to Russell 2000 Index, demonstrated a notable hike of 60 points, ending the week at 2,076 points.

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Weekly European Stocks Shows Mixed Result

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European Stock Market

In the Outgoing week, the European stock market displayed a varied 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 slight hike of 0.33 points to close at 497.58.

The United Kingdom’s FTSE 100, one of the most widely followed indices in Europe, also showed a significant drop, lost 24 points or finishing the session at 7,682.

In Germany, the DAX 30 index, added by 316 points to reach 17,735, while France’s CAC 40 decreased by 32 points to stop at 7,934 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 234 points to 32,934. However, Spain’s IBEX 35, lost by 66 points, to close at 10,064.

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South Asian Stock reports varied performance on the Outgoing Week

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A review of South Asian stock markets shows that India’s Bombay Stock Exchange (BSE) index BSE Sensex has added 718 points during the week. At the end of the week, the index stood at 73,860 points. On the other hand, the Nifty-50 index of the country’s National Stock Exchange gained by 183 points last week. At the end of the week, the index stood at 22,395 points.

Pakistan Stock Exchange Index ‘KSE 100’, added 2,560 points last week. After a week of gaining, the index settled at 65,486 points.

On the other hand, The Sri Lankan stock market index hiked, and the Colombo Stock Exchange index ‘ASPI’ increased by 36 points in a week. After a week the index settled at 10,691 points.

Bhutan’s stock market index ‘BSI’ dropped 26 points hence the index stood at 1,430 points throughout the whole week. Nepal’s ‘NEPSE’ lost 33 points, therefore the index stands at 1,932 points.

Hence Dhaka Stock Exchange: The benchmark index ‘DSEX’ lost by 19.42 points or 0.31 percent, in the outgoing week. At the end of the week, the index stands at 6,254 points

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