Stocks
South Asian Stocks Shows Volatile Performance on the Outgoing Week
South Asian Stocks:
A review of South Asian markets shows that India’s Bombay Stock Exchange (BSE) index BSE Sensex has dived 62 points during the week. At the end of the week, the index stood at 64,886 points. On the other hand, the Nifty-50 index of the country’s National Stock Exchange dropped by 45 points last week. At the end of the week, the index stood at 19,265 points.
Pakistan Stock Exchange Index ‘KSE 100’, the worst performer of the week, shed 537 points last week. After a week of losing, the index settled at 47,683 points.
On the hand The Sri Lankan stock market hiked, the Colombo Stock Exchange index ‘ASPI’ decreased by 196 points in a week. After a week the index settled at 11,207 points.
Bhutan’s stock market index ‘BSI’ has stable points hence the index stood at 1,423 points throughout the whole week. Nepal’s ‘NEPSE’ lost by 20 points last week, as the index stands at 2,013 points.
Weekly Dhaka Stock Exchange, DSE, Dhaka Bourse has seen a hike in Turnover, Index & Market Capitalization. This information was disclosed in the weekly market review from the DSE.
According to sources, (5 working days) the turnover of DSE hiked by Tk 700 crore 28 lakh (20 August – 24 August). At the same time, the market capitalization has also gained by 1 thousand 888 crore 94 lakh 85 thousand 021 taka.
The benchmark index ‘DSEX’ added by 25.26 points or 0.40 percent, in the outgoing week. At the end of the week, the index stands at 6,280 points.
One of the Listed Companies, Apex Foods Limited has recommended 20% 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. 8.91 for the year ending June 30, 2023. The Net Asset Value (NAV) per share stands at Tk. 136.20.
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 26.
One of the Listed Companies, Apex Spinning & Knitting Mills Limited has recommended 20% 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. 3.51 for the year ending June 30, 2023. The Net Asset Value (NAV) per share stands at Tk. 64.37.
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 26.
Dhaka Stock Exchange DSE, Bourse on the third working day of the week, October 3, ended with price Index drop & turnover hike. This information is known from DSE sources.
497 crores 17 lakh shares were traded on this day. 31 crore 23 lakh more trading was done in DSE today compared to the previous workday, 2 October, Shares worth Tk 465 crores 93 lakh shares were traded last time, Monday.
The benchmark DSEX lost 10.49 points or 6,262 The Shariah-based index DSES dropped 0.80 points or 1,356, and the blue-chip index DS30 decreased by 0.08points or 2,134.
Of the issues traded, 38 advanced, 109 declined and 155 remained unchanged.
Deshbandhu Polymer Limited ranked top gainer on DSE, the share price increased by Tk 4.20 paisa or 18.34 percent. On this day, the share was last traded at Tk 27.10 paisa
Union Insurance Company Ltd ranked top loser on the DSE, the share price dropped by Tk 6.10 paisa or 9.01 percent. On this day, the share was last traded at Tk 61.60 paisa.
DSE topped on trade is LafargeHolcim Bangladesh Ltd 30 crore 82 lakh takas of shares of the company have been traded.
A total of 68 companies’ shares were traded in the Block on Dhaka Stock Exchange, 1 crore 50 thousand 69 lakh 394 shares of the companies were traded. The financial value of which is 44 crore 65 lakh taka.
