Stocks
DSE Witnessed a Week of Uncertainty and Unease
Weekly Dhaka Stock Exchange, DSE, Dhaka Bourse has seen a massive drop in Turnover, Index on the other hand Market Capitalization showed a gaining performance. This information was disclosed in the weekly market review from the DSE.
According to sources, (5 working days) the turnover of DSE dropped by Tk 292 crore 82 lakh (30 July – 3 August). At the same time, the market capitalization has gained by 17 thousand 471 crore 70 lakh 91 thousand 188 taka.
The benchmark index ‘DSEX’ lost by 9.65 points or 0.15 percent, in the outgoing week. At the end of the week, the index stands at 6,329 points. The Shariah-based index ‘DSES’ dropped 1.03 points or 0.07 percent and therefore the index stands at 1,372 points. The blue-chip index ‘DS30’ decreased 7.34 points or 0.34 percent, hence the index stands at 2,152 points.
Shares and units worth 2 thousand 963 crore 86 lakh taka were traded in Dhaka Stock Exchange. At the end of the week, the market capitalization stood at 7 lakh 81 thousand 370 crore 53 lakh 90 thousand 426 taka.
Shares and units of 403 companies were traded on Bourse during the week. Of these, 216 shares were unchanged, 96 companies declined, and 76 companies advanced.
Fu Wang Food Limited has ranked at the top of weekly trading on DSE. It is known that 3 crore 85 lakh 75 thousand 295 shares of the company were traded throughout the week. Its market value is 140 crore 98 lakh takas.
Libra Infusion Limited has ranked at the top of weekly gainers on DSE. It is known that the share traded a total of Tk 13 crore 41 lakh, which is an average of 2 crore 68 lakh per day. The share has risen 15.92 to its highest price.
Meghna Insurance Company Limited has ranked at the top of weekly losers on DSE. It is known the share traded a total of Tk 29 crore 51 lakh, which is an average of 5 crore 90 lakh shares per day. The share has dropped 15.02 percent lowest in the last week.
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4 Listed Companies, NRB Bank, Bank Asia, Dhaka Bank & Midland Bank PLC Declares their Dividends for the year ended December 2023. This Information is Known from DSE Sources.
NRB Bank: has recommended 10% Cash Dividend for the General Securities Holders other than Sponsors and Directors and 6% Cash Dividend for the Sponsors and Directors for the year ended December 31, 2023.
In terms of financial performance, The Company has also reported Consolidated EPS of Tk. 1.35 for the year ended December 31, 2023. Consolidated NAV per share of Tk. 13.78 paisa.
The Annual General Meeting (AGM) of the company will be held on June 27, through the digital platform. The record date for this has been fixed at June 2.
Bank Asia: has recommended 15% Cash Dividend for the year ended December 31, 2023.
In terms of financial performance, The Company has also reported Consolidated EPS of Tk. 1.79 for the year ended December 31, 2023. Consolidated NAV per share of Tk. 25.22 paisa.
The Annual General Meeting (AGM) of the company will be held on June 23, through the digital platform. The record date for this has been fixed at May 20.
Dhaka Bank: has recommended 10% Cash Dividend for the year ended December 31, 2023.
In terms of financial performance, The Company has also reported Consolidated EPS of Tk. 1.66 for the year ended December 31, 2023. Consolidated NAV per share of Tk. 22.26 paisa.
The Annual General Meeting (AGM) of the company will be held on June 25, through the digital platform. The record date for this has been fixed at May 19.
Midland Bank: has recommended 5% Cash Dividend for the year ended December 31, 2023.
In terms of financial performance, The Company has also reported Consolidated EPS of Tk. 1.77 for the year ended December 31, 2023. Consolidated NAV per share of Tk. 14.31 paisa.
The Annual General Meeting (AGM) of the company will be held on June 13, through the digital platform. The record date for this has been fixed at May 20.
One of the Listed companies, Pragati Insurance Limited has recommended 20% Cash Dividend & 7% stock Dividend for the year ended December 31, 2023.
In terms of financial performance, The Company has also reported EPS of Tk. 5.36 for the year ended December 31, 2023. NAV per share of Tk. 58.97 paisa.
The Annual General Meeting (AGM) of the company will be held on June 26, through the digital platform. The record date for this has been fixed at May 27.
One of the listed companies, Crystal Insurance Company Limited discloses its financial reports for the first quarter, (January – March 24).
The company’s earnings per share (EPS) was Tk 0.91 paisa in Q1 of the current financial year (January – March 24). EPS was Tk 0.89 paisa during the same period last year. NAV per share was Tk. 24.88 as of March 31, 2024.
