Stocks
South Asian Stocks Perfomed Mixed
South Asian Bourse or Stock Markets saw growth last week. Among them, the hike was in the stock markets of India and Pakistan.
A review of South Asian markets shows that India’s Bombay Stock Exchange (BSE) index BSE Sensex has hiked 841 points during the week. At the end of the week, the index stood at 59,832 points. On the other hand, the Nifty-50 index of the country’s National Stock Exchange rose by 240 points last week. At the end of the week, the index stood at 17,599 points.
Pakistan Stock Exchange Index ‘KSE 100’ earned 49 points last week. After a week of gaining, the index settled at 40,049 points.
On the hand The Sri Lankan stock market hiked, the Colombo Stock Exchange index ‘ASPI’ lost 45 points in a week. After a week the index settled at 9,256 points.
Bhutan’s stock market index ‘BSI’ hiked by 43 point and the index stood at 1,238 points throughout the whole week. Nepal’s ‘NEPSE’ lost 42 points last week, as the index stands at 1,866 points.
One of the listed companies, Bangladesh Shipping Corporation discloses its financial reports for the third quarter, (January – March 24).
The company’s earnings per share (EPS) was loss Tk 4.47 paisa in Q3 of the current financial year (January – March 24). EPS was Tk 4.08 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 95.25.
One of the listed companies, Agrani Insurance Company Ltd discloses its financial reports for the first quarter, (January – March 24).
The company’s Consolidated earnings per share (EPS) was Tk 0.50 paisa in Q1 of the current financial year (January – March 24). Consolidated EPS was Tk 0.48 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 Consolidated net asset value (NAV) per share stood at Tk 20.36.
One of the Listed companies, Dhaka Insurance Limited has recommended 17% Cash Dividend for the year ended December 31, 2023.
In terms of financial performance, The Company has also reported Consolidated EPS of Tk. 2.84 for the year ended December 31, 2023. NAV per share (with revaluation) of Tk. 34.59, NAV per share (without revaluation) of Tk. 23.95.
The Annual General Meeting (AGM) of the company will be held on July 8, through the digital platform. The record date for this has been fixed at June 3.
