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 first working day of the week, 19th May, ended with a drop in Indices and Turnover from the previous working session. This information is known from DSE sources.
409 crore 18 lakh taka shares were traded on this day. 267 crore 60 lakh less tradings were done in DSE today compared to the previous workday, 16th May , Shares worth Tk 676 crores 79 lakh shares were traded last time, Thursday
The benchmark DSEX lost 86.13 points or 5,431 The Shariah-based index DSES dropped 20.52 points or 1,191, and the blue-chip index DS30 decreased by 25.55 points or 1,948.
Of the issues traded, 22 advanced, 347 declined and 19 remained unchanged.
Shepherd Industries PLC ranked top gainer on DSE, the share price increased by Tk 1.30 paisa or 9.35 percent. On this day, the share was last traded at Tk 15.20 paisa.
Desh General Insurance Company Limited ranked top loser on the DSE, the share price dropped by Tk 0.90 paisa or 3.00 percent. On this day, the share was last traded at Tk 29.10 paisa.
DSE topped on trade is Beach Hatchery Limited 18 crore 94 lakh takas of company shares have been traded.
A total of 53 companies’ shares were traded in the Block on Dhaka Stock Exchange. A total of 1 crore 32 lakh 72 thousand 812 shares of the companies were traded. The financial value of which is 41 crore 57 lakh taka
Dhaka Stock Exchange DSE, Bourse on the last working day of the week, 16th May, ended with a drop in Indices and hike in Turnover from the previous working session. This information is known from DSE sources.
676 crore 79 lakh taka shares were traded on this day. 150 crore 46 lakh more tradings were done in DSE today compared to the previous workday, 15th May , Shares worth Tk 526 crores 33 lakh shares were traded last time, Wednesday.
The benchmark DSEX lost 9.98 points or 5,517 The Shariah-based index DSES dropped 0.80 points or 1,212, and the blue-chip index DS30 decreased by 3.79 points or 1,973.
Of the issues traded, 122 advanced, 215 declined and 57 remained unchanged.
MBL 1st Mutual Fund ranked top gainer on DSE, the share price increased by Tk 0.50 paisa or 10 percent. On this day, the share was last traded at Tk 5.50 paisa.
Sonali Paper & Board Mills Limited ranked top loser on the DSE, the share price dropped by Tk 11.80 paisa or 3.00 percent. On this day, the share was last traded at Tk 382.50 paisa.
DSE topped on trade is Asiatic Laboratories Limited 46 crore 23 lakh takas of company shares have been traded.
A total of 43 companies’ shares were traded in the Block on Dhaka Stock Exchange. A total of 3 crore 22 lakh 1 thousand 792 shares of the companies were traded. The financial value of which is 49 crore 85 lakh taka
Dhaka Stock Exchange DSE, Bourse on the fourth working day of the week, 15th May, ended with a drop in Indices and Turnover from the previous working session. This information is known from DSE sources.
526 crore 33 lakh taka shares were traded on this day. 138 crore 3 lakh less tradings were done in DSE today compared to the previous workday, 14th May , Shares worth Tk 664 crores 36 lakh shares were traded last time, Tuesday.
The benchmark DSEX lost 58.22 points or 5,527 The Shariah-based index DSES dropped 12.79 points or 1,212, and the blue-chip index DS30 decreased by 14.14 points or 1,977.
Of the issues traded, 61 advanced, 301 declined and 33 remained unchanged.
Reliance One the first scheme of Reliance Insurance Mutual Fund ranked top gainer on DSE, the share price increased by Tk 1.50 paisa or 8.77 percent. On this day, the share was last traded at Tk 18.60 paisa.
Bay Leasing & Investment Limited ranked top loser on the DSE, the share price dropped by Tk 0.30 paisa or 3.00 percent. On this day, the share was last traded at Tk 9.70 paisa.
DSE topped on trade is Alif Industries Limited 19 crore 21 lakh takas of company shares have been traded.
A total of 45 companies’ shares were traded in the Block on Dhaka Stock Exchange. A total of 68 lakh 31 thousand 91 shares of the companies were traded. The financial value of which is 37 crore 38 lakh taka
