Stocks
“Floor Price was given for Investors’ safety”
BSEC: Bangladesh Securities and Exchange Commission Chairman Prof. Shibli Rubayat-Ul-Islam told, ‘We are progressing hard to protect investors. That’s why the floor price were given. If floor price is raised, it will be good for many people.
Whatsoever, compared to the situation in other global markets, we are doing the primary work for the safety of investors.
Prof. Shibli Rubayat-Ul-Islam said these things in the president’s speech at the investment education program at Momo Inn Hotel and Resort in Nowdapara, Bogra on Saturday (March 18).
BSEC Chairman said, we are sincerely trying to protect investors. Banks are closing in countries like America and Switzerland. The government is changing one by one there. England and France are on strike in many places. The airport is closed due to a strike in Germany. In this uncertain situation, we are in a good position in the capital market and banking sector.
He also said, in the future, more large investments and savings will be needed in this country. all in all we are very optimistic. We will do everything as a regulator when it is necessary in this market. here we have no opponent. No one is stopping us here. Everyone is helping us, starting from the Prime Minister’s office. So now we need positive mind participation. Through participation, if the transaction increases, the secondary market will be vibrant.
Regarding long-term investment and finance, he said, the only source of long-term investment and long-term finance is the stock market. That has not been happening for years. We are working on it. If you need long-term finance, you will turn to the capital market. Talked with the governor yesterday. He has repeatedly said that long-term investment responsibilities are largely transferred to the capital market. So our long-term investment, long-term finance, long-term loan and long-term return should only be towards the capital market.
Dhaka Stock Exchange DSE, Bourse on the last working day of the week, April 25th, ended with a massive drop in Indices and Turnover from the previous working session. This information is known from DSE sources.
511 crore 43 lakh taka shares were traded on this day. 91 crore 31 lakh less tradings were done in DSE today compared to the previous workday, 23rd April , Shares worth Tk 602 crores 74 lakh shares were traded last time, Wednesday.
The benchmark DSEX lost 60.48 points or 5,518 The Shariah-based index DSES dropped 12.29 points or 1,217, and the blue-chip index DS30 decreased by 10.17 points or 1,974.
Of the issues traded, 69 advanced, 300 declined and 27 remained unchanged.
ADN Telecom Limited ranked top gainer on DSE, the share price increased by Tk 9.60 paisa or 8.66 percent. On this day, the share was last traded at Tk 120.50 paisa.
Bata Shoe Company Bangladesh Limited ranked top loser on the DSE, the share price dropped by Tk 36.9 paisa or 3.77 percent. On this day, the share was last traded at Tk 941.00 paisa.
DSE topped on trade is Orion Infusion Limited 31 crore 69 lakh takas of company shares have been traded.
A total of 35 companies’ shares were traded in the Block on Dhaka Stock Exchange. A total of 26 lakh 36 thousand 734 shares of the companies were traded. The financial value of which is 16 crore 61 lakh taka
One of the Listed companies, Bangladesh National Insurance Company Limited has recommended 20% Cash Dividend for the year ended December 31, 2023.
In terms of financial performance, The Company has also reported EPS of Tk. 4.04 for the year ended December 31, 2023. The Company has also reported NAV per share of Tk 26.28 paisa for the year ended December 31, 2023.
The Annual General Meeting (AGM) of the company will be held on June 25, through the digital platform. The record date for this has been fixed at May 27.
One of the Listed companies, Bata Shoe Limited has recommended 105% Final Cash Dividend (Total 435% Cash Dividend for the year ended December 31, 2023 inclusive of 330% Interim Cash Dividend, which has already been paid) for the year ended December 31, 2023
In terms of financial performance, The Company has also reported EPS of Tk. 29.31 for the year ended December 31, 2023. The Company has also reported NAV per share of Tk 237.93 paisa for the year ended December 31, 2023.
The Annual General Meeting (AGM) of the company will be held on July 16, through the digital platform. The record date for this has been fixed at May 16.
