Connect with us

Stocks

Weekly US Stock Market Report Shows Diverse Performance

Published

on

us stock

Major US stock indexes experienced a notable decline, ranging from 1% to 2%, erasing much of the previous week’s gains. This shift marked a reversal from the prior week, with the NASDAQ performing less favorably than the S&P 500 and the Dow. This underperformance was partly attributed to significant midweek drops in some of the market’s prominent technology stocks.

Furthermore, a U.S. small-cap stock benchmark saw a substantial 3.6% decline for the week, extending its recent trend of lagging behind larger assets. Over the period since the end of July, the Russell 2000 Index has recorded a 7.6% decrease, in contrast to the 2.9% decline observed in a large-cap benchmark, the S&P 500.

Reviewing the US Stock Markets, the Nasdaq Composite, recorded a decent drop of 53 points, reaching a closing value of 13,708 points by the end of the week. Similarly, the S&P 500 index showed a negative trend, losing 7 points to settle at 4,450 points. Meanwhile, DJIA Index experienced a notable shed, adding by 42 points during the week and concluding at 34,618 points after a week of gains.

In contrast, Russell 3000 Index saw a loss in week performance, with a loss of 4 points to reach 2,553 points by the end of the week.

Moving to Russell 2000 Index, demonstrated a notable drop of 104 points, ending the week at a steady 1,847 points.

Share this

Stocks

DSE Break Thru 3-Days Losing Streak Despite Sluggish Turnover

Published

on

Bourse dse turnover indices stock market

Dhaka Stock Exchange DSE, Bourse on the fourth working day of the week, 12th June, ended with a hike in Indices and drop Turnover from the previous working session. This information is known from DSE sources.

350 crore 79 lakh taka shares were traded on this day. 80 crore 84 lakh less tradings were done in DSE today compared to the previous workday, June 11th, Shares worth Tk 431 crores 64 lakh shares were traded last time, Tuesday

The benchmark DSEX increased 13.17 points or 5,083 The Shariah-based index DSES added 7.13 points or 1,100, and the blue-chip index DS30 gained by 9.12 points or 1,812.

Of the issues traded, 161 advanced, 168 declined and 66 remained unchanged.

Samata Leather Complex Limited ranked top gainer on DSE, the share price increased by Tk 4.40 paisa or 9.98 percent. On this day, the share was last traded at Tk 48.50 paisa.

Delta Life Insurance Company Limited ranked top loser on the DSE, the share price dropped by Tk 2.90 paisa or 3.68 percent. On this day, the share was last traded at Tk 75.80 paisa.

DSE topped on trade is Unilever Consumer Care (Bangladesh) Limited 17 crore 87 lakh takas of company shares have been traded.

A total of 45 companies’ shares were traded in the Block on Dhaka Stock Exchange. A total of 80 lakh 76 thousand 693 shares of the companies were traded. The financial value of which is 50 crore 38 lakh taka

Share this
Continue Reading

Stocks

Popular Life Insurance announce their Dividends

Published

on

One of the Listed companies, Popular Life Insurance Limited has recommended 37% Cash Dividend for the year ended December 31, 2023.

In terms of financial performance, The Company has also reported Consolidated EPS  of Tk. 3.70 for the year ended December 31, 2023. NAV per share of Tk. 91.20.

The Annual General Meeting (AGM) of the company will be held on September 24, through the digital platform. The record date for this has been fixed at July 25.

Share this
Continue Reading

Stocks

Indices on 3-Day Losing Streak

Published

on

dse indices turnover dhaka stock exchange dhaka bourse share market

Dhaka Stock Exchange DSE, Bourse on the third working day of the week, 11th June, ended with a drop in Indices and hike Turnover from the previous working session. This information is known from DSE sources.

431 crore 64 lakh taka shares were traded on this day. 112 crore 86 lakh more tradings were done in DSE today compared to the previous workday, June 10th, Shares worth Tk 318 crores 78 lakh shares were traded last time, Monday

The benchmark DSEX decreased 35.87 points or 5,070 The Shariah-based index DSES lost 9.87 points or 1,093, and the blue-chip index DS30 lost by 8.72 points or 1,803.

Of the issues traded, 51 advanced, 308 declined and 35 remained unchanged.

Sunlife Insurance Company Limited ranked top gainer on DSE, the share price increased by Tk 4.00 paisa or 7.52 percent. On this day, the share was last traded at Tk 57.20 paisa.

Eastland Insurance Company Limited ranked top loser on the DSE, the share price dropped by Tk 0.60 paisa or 3.00 percent. On this day, the share was last traded at Tk 19.40 paisa.

DSE topped on trade is Beacon Pharmaceuticals Limited 72 crore 35 lakh takas of company shares have been traded.

A total of 46 companies’ shares were traded in the Block on Dhaka Stock Exchange. A total of 43 lakh 57 thousand 887 shares of the companies were traded. The financial value of which is 31 crore 81 lakh taka

Share this
Continue Reading