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 Market DSE, Bourse on the last working day of the week, 25th July, ended with a hike in Indices and Turnover from the previous working session. This information is known from DSE sources.
497 crore 34 lakh taka shares were traded on this day. 337 crore 97 lakh more tradings were done in DSE today compared to the previous workday, July 24th, Shares worth Tk 159 crores 37 lakh shares were traded last time, Wednesday.
The benchmark DSEX increased 62.81 points or 5,413 The Shariah-based index DSES added 13.81 points or 1,183 and the blue-chip index DS30 gained by 24.25 points or 1,932.
Of the issues traded, 286 advanced, 66 declined and 40 remained unchanged.
Techno Drugs Limited ranked top gainer on DSE, the share price increased by Tk 3.80 paisa or 9.87 percent. On this day, the share was last traded at Tk 42.30 paisa.
Rangpur Foundry Limited ranked top loser on the DSE, the share price dropped by Tk 5.40 paisa or 2.98 percent. On this day, the share was last traded at Tk 175.70 paisa.
DSE topped on trade is Square Pharmaceuticals PLC 35 crore 9 lakh takas of company shares have been traded.
A total of 28 companies’ shares were traded in the Block on Dhaka Stock Exchange. A total of 82 lakh 94 thousand 29 shares of the companies were traded. The financial value of which is 21 crore 92 lakh taka
One of the listed companies, Eastland Insurance Company Limited discloses its financial reports for the second quarter, (April – June 24).
The company’s earnings per share (EPS) Tk 0.27 paisa in Q2 of the current financial year (April – June 24). EPS was Tk. 0.41 for January-June 2024 as against Tk. 1.47 for the same period last year. EPS was Tk 0.80 paisa during the same period last year. NAV per share was Tk. 20.85 as of June 30, 2024.
One of the listed companies, Shahjalal Islami Bank PLC discloses its financial reports for the second quarter, (April – June 24).
The company’s Consolidated earnings per share (EPS) Tk 1.50 paisa in Q2 of the current financial year (April – June 24). Consolidated EPS was Tk. 1.50 for January-June 2024 as against Tk. 1.47 for the same period last year. EPS was Tk 0.80 paisa during the same period last year. Consolidated NAV per share was Tk. 20.85 as of June 30, 2024.
