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US, Europe & Asia Bourses falls

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Bourse

The stock market in Asia, Europe and the US fell. The global bourses have fallen mainly due to the increasing fears of a global economic slump.

Even though the stock markets of Asia, Europe and US fell, the stock markets of the UAE, Qatar, Jordan and Lebanon were hiked in the previous week. Aside, the stock markets of Kuwait, Saudi Arabia, Oman and Morocco points dropped.

UK’s FTSE 100 index lost 6.18 points last Friday and Germany’s blue chip index DAX lost 197.78 points. At the same time, France’s CAC 40 index fell by 69.48 points.

Additionally, the capital markets of Denmark, Poland, Germany, Greece, Finland, Switzerland, Spain, Italy, Netherlands, Belgium, Portugal, Austria, Sweden and Ireland have lost points. But then, points have been added in the capital markets of Norway, Hungary and Luxembourg at this time.

The Dow Jones Industrial Average fell 2.11pc or 630 points on the last day of the week. At the same time, the country’s S&P 500 index lost 2.80pc or 104.86 points and the Nasdaq index lost 3.80pc or 420.91 points.

In addition to the US, the capital markets of Argentina, Peru, Brazil, Mexico, Chile and Colombia in the region lost points. On the other hand, the Venezuelan capital market was good at this time.

Previous week Friday, in addition to the US and Europe, the capital markets of Asia also fell. The Nikkei 225 index of Japan, one of Asia’s leading capital markets, fell by 195.19 points on that day. India’s BSE Sensex index fell by 30.81, Vietnam’s Hang Seng index by 272.10 and China’s Shanghai Index by 16.81 points. In addition, the capital markets of Hong Kong, South Korea, Taiwan, Australia, New Zealand, Pakistan, Malaysia, Indonesia, Singapore, Thailand, Sri Lanka and the Philippines also lost points at this time.

 

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Global Heavy Chemicals reveals Q3 Financials

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Global Heavy Chemicals

One of the listed companies, Global Heavy Chemicals Limited discloses its financial reports for the third quarter, (January – March 24).

The company’s earnings per share (EPS) was loss Tk 0.18 paisa in Q3 of the current financial year (January – March 24). EPS was loss Tk 0.53 paisa during the same period last year. NAV per share was Tk. 42.11 as on March 31, 2024.

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Navana Pharma Discloses Q3 Financials

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Navana Pharma

One of the listed companies, Navana Pharmaceuticals PLC discloses its financial reports for the third quarter, (January – March 24).

The company’s earnings per share (EPS) was Tk 1.00 paisa in Q3 of the current financial year (January – March 24). EPS was Tk 1.09 paisa during the same period last year. NAV per share was Tk. 42.11 as on March 31, 2024.

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Northern Insurance EPS Likely Stable for the 1st Quarter

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Northern Islami Insurance

One of the listed companies, Northern Islami Insurance Limited discloses its financial reports for the first quarter, (January – March 24).

The company’s earnings per share (EPS) was Tk 0.70 paisa in Q1 of the current financial year (January – March 24). EPS was Tk 0.69 paisa during the same period last year. NAV per share was loss Tk. 24.69 as of March 31, 2024

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