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South Asian Stocks Perfomed Mixed on the Outgoing Week

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South Asian Bourse or Stock Markets saw mixed performance last week.

A review of South Asian markets shows that India’s Bombay Stock Exchange (BSE) index BSE Sensex has dropped 58 points during the week. At the end of the week, the index stood at 61,054 points. On the other hand, the Nifty-50 index of the country’s National Stock Exchange rose by 4 points last week. At the end of the week, the index stood at 18,069 points.

Pakistan Stock Exchange Index ‘KSE 100’ earned 661 points last week. After a week of gaining, the index settled at 42,241 points.

On the hand The Sri Lankan stock market dropped, the Colombo Stock Exchange index ‘ASPI’ shrinks by 153 points in a week. After a week the index settled at 8,830 points.

Bhutan’s stock market index ‘BSI’ rose by 2 points and the index stood at 1,265 points throughout the whole week. Nepal’s ‘NEPSE’ fall by 20 points last week, as the index stands at 1,869 points.

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Desco releases Q3 Financials

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Dhaka Electric Supply desco

One of the listed companies, Dhaka Electric Supply Company (Desco) Limited discloses its financial reports for the first quarter, (January – March 24).

The company’s earnings per share (EPS) was loss Tk 1.89 paisa in Q1 of the current financial year (January – March 24). EPS was loss Tk 3.65 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 43.51.

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Unilever Reveals Drops in EPS for the Q1 Financials

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Unilever

One of the listed companies, Unilever Consumer Care Limited discloses its financial reports for the first quarter, (January – March 24).

The company’s earnings per share (EPS) was Tk 11.61 paisa in Q1 of the current financial year (January – March 24). EPS was Tk 16.72 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 133.82.

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United Power releases Q3 Financials

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united power

One of the listed companies, United Power Generation & Distribution CompanyLimited discloses its financial reports for the third quarter, (January – March 24).

The company’s earnings per share (EPS) was Tk 5.39 paisa in Q3 of the current financial year (January – March 24). EPS was Tk 4.28 paisa during the same period last year. NAV per share was Tk. 58.45 as on March 31, 2024

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