Stocks
US Stock Market Surges with Impressive Performance in the Previous Week
In the latest weekly update, US Stock indexes started the week on a negative note but shifted in a positive direction on Thursday and Friday. Results varied widely, with the NASDAQ posting a 2.5% total return, the S&P 500 adding 0.3%, and the Dow slipping 1.0%.
Investors witnessed a blend of gains and losses across these key benchmarks, reflecting the ever-changing dynamics of the market.
Strong results from selected information technology stocks lifted the NASDAQ to its fifth consecutive week of outperformance relative to the S&P 500 and the Dow. Over that five-week period, the NASDAQ gained 7.5%, the S&P 500 added 1.7%, and the Dow was down 2.1%.
Reviewing the US Stock Markets, the Nasdaq Composite, recorded a decent gain of 265 points, reaching a closing value of 13,240 points by the end of the week. Similarly, the S&P 500 index showed a positive trend, adding 77 points to settle at 4,282 points. Meanwhile, DJIA Index experienced a notable surge, climbing by 669 points during the week and concluding at 33,762 points after a week of gains.
In contrast, Russell 3000 Index saw a gain in week performance, with an increase of 49 points to reach 2,458 points by the end of the week.
Moving to Russell 2000 Index, demonstrated a notable rise of 57 points, ending the week at a steady 1,830 points.
Dhaka Stock Exchange DSE, Bourse on the last working day of the week, September 21, ended with price Index mixed & turnover hikes. This information is known from DSE sources.
735 crores 35 lakh shares were traded on this day. 120 crore 11 lakh less trading was done in DSE today compared to the previous workday, 20 September, Shares worth Tk 855 crores 47 lakh shares were traded last time, Wednesday.
The benchmark DSEX lost 0.88 points or 6,309 The Shariah-based index DSES added 2.97 points or 1,364, and the blue-chip index DS30 increased by 5.20 points or 2,146.
Of the issues traded, 69 advanced, 84 declined and 156 remained unchanged.
BDCOM Online Limited ranked top gainer on DSE, the share price increased by Tk 3.50 paisa or 9.97 percent. On this day, the share was last traded at Tk 38.60 paisa
United Insurance Ltd ranked top loser on the DSE, the share price dropped by Tk 3.50 paisa or 6.09 percent. On this day, the share was last traded at Tk 54.00 paisa.
DSE topped on trade is Union Insurance Company Ltd 25 crore 82 lakh takas of shares of the company have been traded.
A total of 79 companies’ shares were traded in the Block on Dhaka Stock Exchange, 1 crore 61 lakh 74 thousand 101 shares of the companies were traded. The financial value of which is 82 crore 18 lakh taka
Dhaka Stock Exchange DSE, Bourse on the fourth working day of the week, September 20, ended with price Index mixed & turnover hikes. This information is known from DSE sources.
855 crores 47 lakh shares were traded on this day. 43 crore 80 lakh more trading was done in DSE today compared to the previous workday, 19 September, Shares worth Tk 811 crores 66 lakh shares were traded last time, Monday.
The benchmark DSEX lost 0.44 points or 6,310 The Shariah-based index DSES added 1.88 points or 1,361, and the blue-chip index DS30 increased by 1.88 points or 2,140.
Of the issues traded, 78 advanced, 77 declined and 167 remained unchanged.
Aramit Cement Limited ranked top gainer on DSE, the share price increased by Tk 2.30 paisa or 9.96 percent. On this day, the share was last traded at Tk 25.40 paisa
Standard Insurance Ltd ranked top loser on the DSE, the share price dropped by Tk 3.30 paisa or 6.06 percent. On this day, the share was last traded at Tk 51.20 paisa.
DSE topped on trade is Emerald Oil Ltd 43 crore 74 lakh takas of shares of the company have been traded.
A total of 67 companies’ shares were traded in the Block on Dhaka Stock Exchange, 2 crore 88 lakh 65 thousand 768 shares of the companies were traded. The financial value of which is 145 crore 71 lakh taka
Dhaka Stock Exchange DSE, Bourse on the third working day of the week, September 19, ended with price Index mixed & turnover hikes. This information is known from DSE sources.
811 crores 66 lakh shares were traded on this day. 77 crore 5 lakh more trading was done in DSE today compared to the previous workday, 17 September, Shares worth Tk 734 crores 61 lakh shares were traded last time, Monday.
The benchmark DSEX added 0.10 points or 6,311 The Shariah-based index DSES declined 1.62 points or 1,359, and the blue-chip index DS30 increased by 0.44 points or 2,139.
Of the issues traded, 69 advanced, 85 declined and 160 remained unchanged.
Janata Insurance Company Limited ranked top gainer on DSE, the share price increased by Tk 4.20 paisa or 9.98 percent. On this day, the share was last traded at Tk 46.30 paisa
Metro Spinning Ltd ranked top loser on the DSE, the share price dropped by Tk 3. paisa or 9.87 percent. On this day, the share was last traded at Tk 27.40 paisa.
DSE topped on trade is Provati Insurance Company Ltd 32 crore 36 lakh takas of shares of the company have been traded.
A total of 66 companies’ shares were traded in the Block on Dhaka Stock Exchange, 97 lakh 25 thousand 90 shares of the companies were traded. The financial value of which is 38 crore 48 lakh taka
