Stocks
Index, Turnover & Market Cap sees hikes on DSE Weekly Reports
Weekly Dhaka Stock Exchange, DSE, Dhaka Bourse has seen a hikes in turnover, market capitalization and indexes. This information was disclosed in the weekly market review from the DSE
According to sources, (4 working days) the market capitalization of DSE hiked by Tk 2 thousand 168 crore 71 lakh 60 thousand 188 (24 April – 27 April). At the same time, the turnover has gained by 1 thousand 523 crore 67 lakh 11 thousand 513 taka.
The benchmark index ‘DSEX’ increased by 45.41 points or 0.73 percent, in the outgoing week. At the end of the week, the index stands at 6,274 points. The Shariah-based index ‘DSES’ gained 13.50 points or 1.00 percent and therefore the index stands at 1,362 points. The blue-chip index ‘DS30’ hiked 5.72 points or 0.26 percent, hence the index stands at 2,208 points.
Shares and units worth 2 thousand 998 crore 70 lakh 79 thousand 465 taka were traded in Dhaka Stock Exchange. At the end of the week, the market capitalization stood at 7 lakh 66 thousand 057 crore 69 lakh 59 thousand 214 taka.
Shares and units of 401 companies were traded on DSE during the week. Of these, 238 shares were unchanged. 33 companies declined, while 113 companies advanced.
Unique Hotel & Resorts PLC has ranked at the top of weekly trading on DSE. It is known that 2 crore 52 lakh 12 thousand 631 shares of the company were traded throughout the week. Its market value is 208 crore 62 lakh 56 thousand takas.
Apex Foods Limited has ranked at the top of weekly gainers on DSE. It is known that the share traded a total of Tk 55 crore 25 lakh 44 thousand, which is an average of 13 crore 81 lakh 36 thousand per day. The share has risen 39.79 pc to its highest price.
Uttara Bank Limited has ranked at the top of weekly losers on DSE. It is known the share traded a total of Tk 7 crore 73 lakh 51 thousand, which is an average of 1 crore 93 lakh 37 thousand 750 shares per day. The share has dropped 12.00 percent lowest in the last week.
/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.
