Stocks
US Stock Markets Show Resilience: Dow and S&P 500 Post Second Weekly Gains
During the ongoing earnings season, both the Dow and the S&P 500 registered their second consecutive weekly gains, while the NASDAQ experienced a slight decline. As of Friday, during the second week of the earnings season, approximately 75% of the S&P 500 companies had surpassed the analysts’ predictions for their quarterly net income, as reported by FactSet.
On Friday, the Dow Jones Industrial Average recorded a marginal gain of 0.01%, achieving its 10th consecutive day of positive trading. The primary driving force behind this ongoing positive streak for the Dow was the strong financial performance reported by several companies within the 30-stock index during the quarterly earnings season. Thanks to these positive results, the Dow has seen an overall increase of more than 4% throughout this 10-day period.
Reviewing the US Stock Markets, the Nasdaq Composite, recorded a decent loss of 23 points, reaching a closing value of 14,090 points by the end of the week. Similarly, the S&P 500 index showed a positive trend, adding 31 points to settle at 4,536 points. Meanwhile, DJIA Index experienced a notable surge, adding by 718 points during the week and concluding at 35,227 points after a week of gain.
In contrast, Russell 3000 Index saw a gain in week performance, with a hike of 20 points to reach 2,611 points by the end of the week.
Moving to Russell 2000 Index, demonstrated a notable added of 29 points, ending the week at a steady 1,960 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
