Stocks
“Floor Price was given for Investors’ safety”
BSEC: Bangladesh Securities and Exchange Commission Chairman Prof. Shibli Rubayat-Ul-Islam told, ‘We are progressing hard to protect investors. That’s why the floor price were given. If floor price is raised, it will be good for many people.
Whatsoever, compared to the situation in other global markets, we are doing the primary work for the safety of investors.
Prof. Shibli Rubayat-Ul-Islam said these things in the president’s speech at the investment education program at Momo Inn Hotel and Resort in Nowdapara, Bogra on Saturday (March 18).
BSEC Chairman said, we are sincerely trying to protect investors. Banks are closing in countries like America and Switzerland. The government is changing one by one there. England and France are on strike in many places. The airport is closed due to a strike in Germany. In this uncertain situation, we are in a good position in the capital market and banking sector.
He also said, in the future, more large investments and savings will be needed in this country. all in all we are very optimistic. We will do everything as a regulator when it is necessary in this market. here we have no opponent. No one is stopping us here. Everyone is helping us, starting from the Prime Minister’s office. So now we need positive mind participation. Through participation, if the transaction increases, the secondary market will be vibrant.
Regarding long-term investment and finance, he said, the only source of long-term investment and long-term finance is the stock market. That has not been happening for years. We are working on it. If you need long-term finance, you will turn to the capital market. Talked with the governor yesterday. He has repeatedly said that long-term investment responsibilities are largely transferred to the capital market. So our long-term investment, long-term finance, long-term loan and long-term return should only be towards the capital market.
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.
