Stocks
DSEX inches up amid fair increase in turnover
With investors’ increased appetite for a wide range of stocks that have been in a remedy stage for the last couple of sessions, DSEX, the broad-based index of the Dhaka Stock Exchange (DSE) inched up 0.14pc on Tuesday to close at 6,537 points.
The blue-chip index DS30 and Shariah index DSES inched down as investors booked profits from most of the selective stocks after some quick gains in a week.
“The market has been witnessing jerky rides as investors are watchful due to recent upward momentum in the market,” wrote EBL Securities in its daily market commentary.
Moreover, investors were unable to settle for particular sector-specific stocks since they were focusing on reshuffling their portfolios due to having expectations from the upcoming earnings declarations, it added.
Meanwhile, the Dhaka bourse also observed a slight increase in participation while the total turnover increased by 8.8pc to Tk1,480 crore.
Pharmaceuticals, miscellaneous, and engineering sectors contributed a maximum of 20.2pc, 19.7pc, and 10.4pc of the daily turnover respectively.
Most of the sectors displayed mixed returns, while jute, ceramic, and IT, having comparatively smaller market capitalizations, gained the most – 7.4pc, 2pc, and 1.8pc respectively.
Services and real estate, cement, and pharmaceuticals suffered the highest corrections of 1.9pc, 0.6pc, and 0.5pc respectively.
As many as 129 scrips advanced in the DSE against declines of 108, while the price of 140 scrips remained unchanged.
CSCX and CASPI, the broad-based indices in the Chittagong Stock Exchange, closed 0.2pc higher while turnover in the port-city bourse increased by 25pc to Tk35 crore.
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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