Stocks
DSE Extends Congrats to Finance Professionals in Election Victory
Dhaka Stock Exchange (DSE) extends heartfelt congratulations to the 15 distinguished individuals associated with the country’s financial market, who secured significant victories in the 12th National Parliament Election. Among the elected representatives are prominent figures from diverse backgrounds, including shareholders, treasurers, chairpersons of leading security firms, and individuals contributing significantly to the financial sector.
The elected representatives include Salman Fazlur Rahman, Chairman of Beximco Securities Limited, MP; Zahid Maleque, MP, shareholder of BD Sunlife Securities Limited; Saber Hossain Chowdhury, MP, Managing Director of HR Securities and Investment Limited; A.K. Azad, MP, shareholder of Shahjalal Islami Bank Securities Limited; Abdur Rahman, MP, Managing Director of ARC Securities Limited; Ahsanul Islam, MP, Chairman of Mona Financial Consultancy and Securities Limited; Abdus Salam Murshedy, MP, Chairman of Treasure Securities Limited; Shirajul Islam Mollah, MP, Managing Director of Trustee Securities Limited; Abdul Momin Mondol, MP, Managing Director of Mondol Securities Limited; AFM Bahauddin Nasim, MP, DIrector of BNB Securities Limited; S.A.K. Ekramuzzaman, MP, Director of RAK Capital Limited; Anowar Hossain Khan, MP, Managing Director of Anowar Khan Modern Securities Limited; Nizam Uddin Hazari, MP, Managing Director of Snigdha Equities Limited; H.M. Ibrahim, MP, Agrani Insurance Securities Limited; and Shakib Al Hasan, MP, Director of Monarch Holdings Limited.
Expressing congratulations, Dr. Hafiz Mohammad Hasan Babu, Chairman of DSE, acknowledged the pivotal role of these elected representatives in the nation’s economic development. He highlighted their multifaceted contributions as advisers, ministers, distinguished industrialists, and ambassadors for financial education in the country. Dr. Hasan Babu expressed confidence that their expertise and collaboration with the honorable Prime Minister Sheikh Hasina would continue to play a crucial role in shaping the future of Bangladesh’s financial market.
Furthermore, Dr. Hasan Babu emphasized the importance of the Dhaka Stock Exchange in the country’s economic growth, particularly as a key contributor to the government’s Smart Bangladesh vision. He urged the elected representatives to bring forth innovative ideas and insights to transform the Dhaka Stock Exchange into a Smart Financial Market, aligning with the Prime Minister’s vision for a Smart Economy.
This victory not only reflects the extensive involvement of these representatives in the economic development of the country over the past 15 years but also positions them as influential figures capable of furthering the growth of Bangladesh’s financial market. Dr. Hasan Babu believes that with their insightful guidance and innovative thinking, Dhaka Stock Exchange can emerge as a leader in the Asian financial landscape under the Prime Minister’s unwavering support
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
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.
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.
