Stocks
Negative Trend reports on Weekly DSE
Weekly Dhaka Stock Exchange, DSE, Dhaka Bourse has seen a drop in Turnover, Market Capitalization & Index . This information was disclosed in the weekly market review from the DSE.
According to sources, (4 working days) the turnover of DSE dropped by Tk 2 thousand 190 crore 48 lakh (24 September – 27 September). At the same time, the market capitalization has decreased by 1 thousand 626 crore 18 lakh 88 thousand 539 taka.
The benchmark index ‘DSEX’ lost by 25.11 points or 0.40 percent, in the outgoing week. At the end of the week, the index stands at 6,284 points. The Shariah-based index ‘DSES’ declined 5.01 points or 0.37 percent and therefore the index stands at 1,359 points. The blue-chip index ‘DS30’ decreased by 5.75 points or 0.27 percent, hence the index stands at 2,140 points.
Shares and units worth 1 thousand 814 crore 33 lakh taka were traded in Dhaka Stock Exchange. At the end of the week, the market capitalization stood at 7 lakh 77 thousand 475 crore 46 lakh 76 thousand 23 taka.
Shares and units of 403 companies were traded on Bourse during the week. Of these, 205 shares were unchanged, 114 companies declined, and 47 companies advanced.
Union Insurance Company Limited has ranked at the top of weekly trading on DSE. It is known that 1 crore 7 lakh 25 thousand 111 shares of the company were traded throughout the week. Its market value is 79 crore 56 lakh takas.
Ambee Pharmaceuticals PLC has ranked at the top of weekly gainers on DSE. It is known that the share traded a total of Tk 10 crore 90 lakh, which is an average of 2 crore 72 lakh per day. The share has risen 14.00 percent to its highest price.
Crystal Insurance Company Limited has ranked at the top of weekly losers on DSE. It is known the share traded a total of Tk 36 crore 51 lakh, which is an average of 9 crore 13 lakh shares per day. The share has dropped 15.85 percent lowest in the last week.
Stocks
Indices Negative Amidst Turnover Hikes
Dhaka Stock Market DSE, Bourse on the second working day of the week, 30th September, ended with a negative performance in Indices and a hike in Turnover from the previous working session. This information is known from DSE sources.
503 crore 90 lakh taka shares were traded on this day. 22 crore 58 lakh more tradings were done in DSE today compared to the previous workday, 29th September, Shares worth Tk 481 crores 31 lakh shares were traded last time, Sunday.
The benchmark DSEX lost 33.61 points or 5,624 The Shariah-based index DSES dropped 7.36 point or 1,263 and the blue-chip index DS30 decreased by 9.57 points or 2,053.
Of the issues traded, 72 advanced, 299 declined and 25 remained unchanged.
Shahjibazar Power Company Limited ranked top gainer on DSE, the share price increased by Tk 4.00 paisa or 9.76 percent. On this day, the share was last traded at Tk 45.00 paisa.
Dhaka Electric Supply Company Limited ranked top loser on the DSE, the share price dropped by Tk 1.80 paisa or 7.56 percent. On this day, the share was last traded at Tk 22.00 paisa.
DSE topped on trade is Pragati Life Insurance Limited 25 crore 35 lakh takas of company shares have been traded.
A total of 27 companies’ shares were traded in the Block on Dhaka Stock Exchange. A total of 1 crore 50 lakh 42 thousand 956 shares of the companies were traded. The financial value of which is 65 crore 60 lakh taka
Stocks
National Polymer Announce Their Dividends & Q2 Financials
One of the Listed companies, National Polymer Limited has recommended 10.50% Cash Dividend for the year ended June 30, 2024.
It has reported Consolidated EPS of Tk 2.27 paisa, and Consolidated NAV per share of Tk 30.63 for the year ended March 31, 2024.
The Annual General Meeting (AGM) of the company will be held on December 18, through the digital platform. The record date for this has been fixed at October 22.
The Company also discloses its financial reports for the second quarter, (April – June 24).
As per the company’s consolidated life revenue account for April to June 2024, the excess of total income over total expenses, including claims (surplus), stood at Tk 1,394.24 million. This marks a significant increase from the surplus of Tk 823.68 million during the same period in 2023.
For the first half of 2024, from January to June, the company reported a surplus of Tk 2,177.57 million, compared to Tk 1,290.39 million in the corresponding period of the previous year.
Additionally, the Life Insurance Fund balance as of June 30, 2024, reached Tk 55,188.62 million, showing a net increase of Tk 5,892.25 million from Tk 49,296.37 million on June 30, 2023.
Stocks
Beacon Pharma Declares Their Dividends
One of the Listed companies, Beacon Pharmaceuticals PLC has recommended 20% Cash dividend and 10% Cash Dividend to Sponsor Shareholder and Directors for the year ended June 30, 2024.
It has reported EPS of Tk 2.26 paisa, and NAV per share of Tk. 26.37 for the year ended June 30, 2024.
The Annual General Meeting (AGM) of the company will be held on December 23, through the digital platform. The record date for this has been fixed at October 27.