Stocks
DSE to begin trading on ATB this October
Exchanging on the alternative trading board (ATB) of Dhaka bourse is tend to begin at the end of this month as all preparations to this end have already been finished.
At first, the trading shall commence with the listing of 4 securities, according to Dhaka Stock Exchange (DSE) officials.
“The companies are working to dematerialize (demat) their shares. We are hoping the trade of the securities on ATB to start from October 20-25,” said DSE managing director M Shaifur Rahman Mazumdar.
He said the ATB rules are now in the process of printing and the DSE is accelerating other jobs to start the trading on the board.
“We are hoping the trade shall begin through the listing of 3 companies and one debt securities,” said the DSE official.
The Bangladesh Securities and Exchange Commission (BSEC) previously approved the rules for the ATB to facilitate the growth of non-listed companies, any kind of bonds, debenture, Sukuk, open-end mutual funds and alternative investment funds.
The regulator paved the way for the ATB in order to diversify the country’s stock market along with enhancing the exchange’s revenue income.
As per the rules, the companies will not raise funds through ATB.
“Their shares will be traded on the ATB. The brokerage firms will help transfer the shares which will be listed on the ATB,” said the DSE managing director Mr. Rahman.
Presently, there are two boards on the premier bourse. They are main board and SME board.
Dhaka Stock Exchange DSE, Bourse on the second working day of the week, 6th May, ended with a hike in Indices and Turnover from the previous working session. This information is known from DSE sources.
1 thousand 95 crore 64 lakh taka shares were traded on this day. 277 crore 88 lakh more tradings were done in DSE today compared to the previous workday, 5th May , Shares worth Tk 817 crores 76 lakh shares were traded last time, Sunday.
The benchmark DSEX added 34.95 points or 5,727 The Shariah-based index DSES gained 10.51 points or 1,261, and the blue-chip index DS30 increased by 13.35 points or 2,046.
Of the issues traded, 252 advanced, 86 declined and 58 remained unchanged.
Esquare Knit Composite PLC Limited ranked top gainer on DSE, the share price increased by Tk 2.20 paisa or 10.00 percent. On this day, the share was last traded at Tk 24.20 paisa.
Shyamour Sugar Mills Limited ranked top loser on the DSE, the share price dropped by Tk 5.30 paisa or 2.99 percent. On this day, the share was last traded at Tk 171.80 paisa.
DSE topped on trade is Orion Infusion Limited 45 crore 37 lakh takas of company shares have been traded.
A total of 48 companies’ shares were traded in the Block on Dhaka Stock Exchange. A total of 12 crore 95 lakh 90 thousand 855 shares of the companies were traded. The financial value of which is 137 crore 67 lakh taka
One of the listed companies, Rahima Food Corporation Limited discloses its financial reports for the third quarter, (January – March 24).
The company’s earnings per share (EPS) was loss Tk 0.34 paisa in Q3 of the current financial year (January – March 24). EPS was Tk 0.81 paisa during the same period last year. As of March 31, 2024, at the end of the third quarter of the fiscal year, the company’s net asset value (NAV) per share stood at Tk 10.14.
One of the listed companies, DBH Finance PLC discloses its financial reports for the first quarter, (January – March 24).
The company’s earnings per share (EPS) was Tk 0.87 paisa in Q1 of the current financial year (January – March 24). EPS was Tk 1.81 (restated) paisa during the same period last year. As of March 31, 2024, at the end of the first quarter of the fiscal year, the company’s net asset value (NAV) per share stood at Tk 44.50.
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