Stocks
Strong Momentum in European Stocks: FTSE MIB and IBEX 35 Post Solid Increases
In the Outgoing week, the European stock market displayed a gain 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 gain of 4.57 points to close at 465.40.
The United Kingdom’s FTSE 100, one of the most widely followed indices in Europe, also showed a significant gain, adding 229 points or finishing the session at 7,663.
In Germany, the DAX 30 index, added 72 points to reach 16,177, while France’s CAC 40 also added by 58 points to stop at 7,432 at the end of the trading day.
Italy’s FTSE MIB, which covers the top 40 stocks traded on the Milan Stock Exchange, increased 192 points to 28,855. However, Spain’s IBEX 35, gained by 133 points, to close at 9,531.
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.
