Stocks
Pakistan, Bangladesh Stock Market Shows Similar Returns
In the first six months of the current year, both the Pakistani and Bangladeshi stock markets have delivered similar returns, as reported by Green Delta Dragon Asset Management. According to the information, Bangladeshi investors have achieved a return of 20.2% from the capital market during the period from January ’23 to June ’23. Similarly, Pakistani investors have also received comparable returns from their country’s stock market.
During the mentioned period, investors from the United States earned the highest returns in the global stock market. Investors in the country have achieved a remarkable return of 15.9% in the past six months. Meanwhile, at the end of June 2023, the New York Stock Exchange’s index, S&P 500, stands at 4,450 points.
Bangladesh ranks fifth in the list of returns provided by Green Delta Asset Management. Investors in the Dhaka Stock Exchange have achieved a return of 20.2% in the past six months. Similarly, the Pakistani stock market has also delivered the same level of returns to investors.
The United Kingdom secures the sixth position in terms of stock market returns. Investors in the UK have gained a return of 10.1% in the past six months. At the end of June, the FTSE 100 index stands at 7,531 points.
On the other hand, Indonesian investors have not received any returns from the country’s stock market, as mentioned in the report by Green Delta Asset Management.
Dhaka Stock Exchange DSE, Bourse on the last working day of the week, September 27, ended with price Index mixed & turnover drops. This information is known from DSE sources.
422 crores 30 lakh shares were traded on this day. 27 crore 71 lakh less trading was done in DSE today compared to the previous workday, 26 September, Shares worth Tk 450 crores 1 lakh shares were traded last time, Tuesday.
The benchmark DSEX added 0.83 points or 6,284 The Shariah-based index DSES lost 0.03 points or 1,359, and the blue-chip index DS30 increased by 1.85 points or 2,140.
Of the issues traded, 70 advanced, 78 declined and 154 remained unchanged.
Apex Foods Limited ranked top gainer on DSE, the share price increased by Tk 34.30 paisa or 8.73 percent. On this day, the share was last traded at Tk 427.10 paisa
Miracle Industries Ltd ranked top loser on the DSE, the share price dropped by Tk 3.00 paisa or 6.06 percent. On this day, the share was last traded at Tk 46.50 paisa.
DSE topped on trade is City General Insurance Company Ltd 42 crore 46 lakh takas of shares of the company have been traded.
A total of 63 companies’ shares were traded in the Block on Dhaka Stock Exchange, 95 lakh 91 thousand 220 shares of the companies were traded. The financial value of which is 43 crore 86 lakh taka.
One of the Listed Companies, Bay Leasing & Investment Limited has recommended no Dividend for the year ended June 30, 2023.
In terms of financial performance, the company has reported Consolidated Earnings Per Share (EPS) loss of Tk. 5.88 for the year ending June 30, 2023. Consolidated Net Asset Value (NAV) per share stands at Tk. 11.93.
The Annual General Meeting (AGM) of the company will be held on November 30 through the digital platform. The record date for this has been fixed at October 18.
One of the Listed Companies, eGeneration Limited has recommended 10% cash Dividend for the year ended June 30, 2023.
In terms of financial performance, the company has reported an Earnings Per Share (EPS) of Tk. 1.45 for the year ending June 30, 2023. The Net Asset Value (NAV) per share stands at Tk. 22.50.
The Annual General Meeting (AGM) of the company will be held on December 26 through the digital platform. The record date for this has been fixed at November 8.
