Stocks
Weekly Dhaka Bourse Performed Mixed
Weekly Dhaka Stock Exchange, DSE, Dhaka Bourse has seen a hike in Turnover, on the other hand drop in Indices & Market Capitalization. This information was disclosed in the weekly market review from the DSE.
According to sources, (5 working days) the turnover of DSE lost by Tk 1 thousand 214 crore 91 lakh (January 21 – January 25). At the same time, the market capitalization has decreased by 32 thousand 938 crore 60 lakh 87 thousand 701 taka.
The benchmark index ‘DSEX’ lost by 180.35 points or 0.71 percent, in the outgoing week. At the end of the week, the index stands at 6,156 points. The Shariah-based index ‘DSES’ dropped 36.01 points or 2.59 percent and therefore the index stands at 1,352 points. The blue-chip index ‘DS30’ decreased by 15.10 points or 0.71 percent, hence the index stands at 2,114 points.
Shares and units worth 2 thousand 16 crore 46 lakh taka were traded in Dhaka Stock Exchange. At the end of the week, the market capitalization stood at 7 lakh 80 thousand 849 crore 63 lakh 10 thousand 673 taka.
Shares and units of 407 companies were traded on Bourse during the week. Of these, 14 shares were unchanged, 308 companies declined, and 74 companies advanced.
BD Thai ALuminium Limited has ranked at the top of weekly trading on DSE. It is known that 4 crore 20 lakh 25 thousand 880 shares of the company were traded throughout the week. Its market value is 138 crore 68 lakh takas.
Khan Brothers PP Woven Bag Industries Limited ranked at the top of weekly gainers on DSE. It is known that the share traded a total of Tk 59 crore 98 lakh, which is an average of 11 crore 99 lakh per day. The share has risen 49.62 percent to its highest price.
GSP Finance Company (Bangladesh) Limited has ranked at the top of weekly losers on DSE. It is known the shares traded a total of Tk 31 lakh, which is an average of 6 lakh shares per day. The share has dropped 40.59 percent lowest in the last week.
Asif Mahmood, Chairman of ADN Telecom Ltd., extends a warm welcome to Shibli Rubayat-Ul-Islam, Chairman of the Bangladesh Securities and Exchange Commission (BSEC), on his reappointment.
Md. Maruf, serving as an Independent Director at ADN Telecom Ltd., and Md. Mostafijur Rahman, Assistant Manager at ADN Telecom Ltd., were also in attendance at the event. This occasion served as an opportunity for industry leaders to express their support for Shibli Rubayat-Ul-Islam’s continued leadership at the BSEC, highlighting his contributions to the regulatory landscape of Bangladesh’s securities market.
Furthermore, Asif Mahmood emphasized the importance of stability and continuity in regulatory leadership for fostering investor confidence and promoting sustainable growth in the securities sector. He expressed optimism about the future initiatives under Shibli Rubayat-Ul-Islam’s guidance, aimed at further strengthening the country’s capital markets.
The reappointment of Shibli Rubayat Ul Islam as Chairman of BSEC comes at a critical juncture, as Bangladesh’s securities market continues to evolve and expand, with increasing participation from domestic and international investors.
Dhaka Stock Exchange DSE, Bourse on the first working day of the week, 12th May, ended with a drop in Indices and hike in Turnover from the previous working session. This information is known from DSE sources.
985 crore 88 lakh taka shares were traded on this day. 74 crore 50 lakh more tradings were done in DSE today compared to the previous workday, 9th May , Shares worth Tk 911 crores 37 lakh shares were traded last time, Thursday.
The benchmark DSEX added 35.67 points or 5,696 The Shariah-based index DSES gained 7.89 points or 1,250, and the blue-chip index DS30 increased by 11.36 points or 2,026.
Of the issues traded, 93 advanced, 258 declined and 41 remained unchanged.
Padma Life Insurance Limited ranked top gainer on DSE, the share price increased by Tk 2.50 paisa or 10 percent. On this day, the share was last traded at Tk 27.50 paisa. Also Trust Islami Life Insurance ranked top gainer on DSE, the share price increased by Tk 4.40 paisa or 10 percent. On this day, the share was last traded at Tk 48.40 paisa
GQ Ballpen Industries Limited ranked top loser on the DSE, the share price dropped by Tk 4.3 paisa or 2.99 percent. On this day, the share was last traded at Tk 139.20 paisa.
DSE topped on trade is Asiatic Laboratories Limited 47 crore 6 lakh takas of company shares have been traded.
A total of 47 companies’ shares were traded in the Block on Dhaka Stock Exchange. A total of 66 lakh 66 thousand 55 shares of the companies were traded. The financial value of which is 41 crore 29 lakh taka
The Dhaka Stock Exchange (DSE) and the DSE Brokers Association (DBA) have expressed gratitude towards Prime Minister Sheikh Hasina for her directive to list government companies in the capital market, a move hailed as timely and positive.
The directive was issued during the recent meeting of the Executive Committee of the National Economic Council (Ecnec) last Thursday.
Dr. Hafiz Muhammad Hasan Babu, Chairman of DSE, described the directive as a significant step towards enhancing the dynamics of the capital market. He emphasized that besides invigorating the capital market, this move would also attract foreign investment and promote sustainable development.
Despite previous efforts, government institutions had not been listed in the stock exchange, according to a notification issued by the DSE. The Prime Minister’s directive is seen as a pivotal step towards revitalizing and expanding the economy.
Dr. Babu further remarked, “The listing of reputable companies in the capital market, as directed by the Prime Minister, will greatly benefit the country’s economy. It will also enhance investor confidence.”
Similarly, the DBA released a notification applauding the Prime Minister’s directive, terming it as positive and timely for the capital market.
Saiful Islam, President of DBA, expressed optimism about the directive’s potential to accelerate the country’s capital market and overall economy. He pledged support to relevant government departments and regulatory bodies in implementing the directive, ensuring its positive impact on the economy, including the capital market.
