DSE Weekly Roundup: April 27–30, 2026 — Premier Cement Earnings Surge 481%
Sarah Ali
The Dhaka Stock Exchange wrapped up a shortened trading week on Wednesday, April 30, as May Day shuttered the market on Thursday. Bears dominated most sessions, with losers outnumbering gainers in three out of four trading days. Only Tuesday (April 29) saw a brief reprieve with 189 gainers versus 149 losers. Weekly turnover totaled Tk. 35,959 million across 1.20 billion shares, with Monday's session recording the highest daily turnover at Tk. 9,864 million.
Market Overview
The week kicked off under selling pressure and never quite recovered its footing. Monday saw 248 stocks decline against just 93 gainers, making it the weakest session of the week. Tuesday offered a bounce — 189 gainers to 149 losers — but the rally lost steam quickly. Wednesday and Thursday's replacement session both ended in the red. May Day on Thursday closed the market entirely.
| Date | Gainers | Losers | Unchanged | Volume (M) | Turnover (Tk. Mn) |
|---|---|---|---|---|---|
| Apr 27 (Sun) | 109 | 207 | 80 | 271.5 | 9,199.8 |
| Apr 28 (Mon) | 93 | 248 | 55 | 330.7 | 9,863.7 |
| Apr 29 (Tue) | 189 | 149 | 58 | 300.8 | 8,465.0 |
| Apr 30 (Wed) | 125 | 209 | 62 | 296.2 | 8,430.8 |
Weekly Totals: 1,199.1M shares traded | Tk. 35,959.3 Mn turnover
Q3 Earnings Highlights
Earnings season hit full stride this week with a flood of Q3 results on Wednesday. A few companies stood out — some dramatically.
Winners
- PREMIERCEM (Premier Cement): Q3 EPS Tk. 1.80 vs Tk. 0.31 a year ago — a staggering 481% jump. Nine-month consolidated EPS climbed to Tk. 1.99 from Tk. 0.67. NAV per share rose to Tk. 65.50 from Tk. 64.50.
- BSRMSTEEL (BSRM Steel): Q3 EPS Tk. 6.35 vs Tk. 4.45 (+42.7%). Nine-month EPS Tk. 11.49 vs Tk. 9.12. NOCFPS also improved to Tk. 28.89 from Tk. 23.75, signaling strong operational cash generation.
- TAKAFULINS (Takaful Islami Insurance): Q1 EPS Tk. 0.60 vs Tk. 0.40 (+50%). NAV per share grew to Tk. 19.77 from Tk. 19.00.
- ADNTEL (ADN Telecom): Q3 consolidated EPS Tk. 0.62 vs Tk. 0.55 (+12.7%). NOCFPS improved to Tk. 3.07 from Tk. 2.77 due to better receivables collection.
- GHAIL (Golden Harvest Agro): Losses narrowed. Q3 EPS Tk. (0.11) vs Tk. (0.17) — a 35% improvement. NOCFPS turned positive at Tk. 0.36 vs Tk. 0.18 on better revenue collection.
Laggards
- CROWNCEMNT (Crown Cement): Q3 EPS Tk. 0.91 vs Tk. 2.03 (−55.2%). Nine-month EPS halved to Tk. 1.70 from Tk. 3.56. Cement sector headwinds continue.
- ORIONINFU (Orion Infusion): Q3 EPS Tk. 0.27 vs Tk. 0.37 (−27%). Nine-month EPS barely held at Tk. 1.42 vs Tk. 1.40.
- GENEXIL (GEMINI Sea Food): Q3 consolidated EPS Tk. 0.67 vs Tk. 0.85 (−21.2%).
- MEGHNAPET (Meghna Petroleum): Losses deepened. Q3 EPS Tk. (0.212) vs Tk. (0.21). Nine-month losses widened to Tk. (0.63) from Tk. (0.53). Zero operating cash flow persisted.
Mutual Funds
- RELIANCE1: Q3 EPU Tk. 0.33 vs Tk. (0.02) — turned profitable.
- SEMLFBSLGF: Q3 EPU Tk. 0.35 vs Tk. (0.11) — strong recovery.
- GLDNJMF: Q1 EPU Tk. 0.27 vs Tk. 0.12 — more than doubled.
Price Limit Open Stocks
Wednesday's earnings deluge triggered price limit open (circuit breaker removal) for 16 stocks — a clear sign of heavy institutional and retail repositioning on results day:
- Banking: JAMUNABANK, SBACBANK, STANDBANKL, BANKASIA, UTTARABANK, ISLAMIBANK, MTB
- Insurance: TAKAFULINS, PHENIXINS, SOUTHEASTB, STANDARINS, BGIC, BDFINANCE
- Others: REPUBLIC, MARICO, ICICL
Several banks and insurers saw limit open after releasing Q1 results, suggesting the market is actively re-pricing financial sector stocks based on fresh earnings data.
Board Meetings Scheduled
A busy week for corporate governance updates:
- ROBI: Board meeting scheduled under LR 16(1)
- DBH: Board meeting scheduled under LR 19(1)
- SONARBAINS: Board meetings under both LR 16(1) and 19(1)
- IFIC: Board meetings rescheduled under LR 16(1) and 19(1)
- IDLC, ADVENT, RAHIMAFOOD: Board meetings scheduled
- NORTHRNINS: Board meeting postponed under both LR 16(1) and 19(1)
- WALTONHIL: Spot for EGM announced
- MONNOAGML: Appointed Mr. Rasheed Mymunul Islam as Acting Managing Director
- AIL: Appointed Mr. Md. Kamal Hossain as Company Secretary; authorized CEO to liaise with regulators for proposed transaction
Trading Actions
- CITYBANK: Suspended for record date
- SHAHJABANK: Resumed trading after record date
- TB2Y1127: Suspended for record date
What to Watch Next Week (May 4–8)
- Earnings season continues: More Q3 results expected from large-cap names. Watch for banking sector results — several banks had price limit open this week.
- Board meeting outcomes: ROBI, DBH, SONARBAINS meetings could bring dividend declarations or strategic announcements.
- Cement sector dynamics: PREMIERCEM's blowout quarter vs CROWNCEMNT's decline — diverging fortunes in the same sector. Market may re-rate these names.
- Post-May Day sentiment: Will the shortened week's bearish tone carry over, or will fresh earnings catalysts shift momentum?
- MEGHNAPET turnaround watch: Continued losses and zero cash flow — how much longer can the market support current valuations?
Key Takeaways
- Bears dominated 3 of 4 sessions; only Tuesday saw net buying
- PREMIERCEM stole the show with 481% Q3 EPS growth — the standout result of the week
- BSRMSTEEL delivered solid 43% earnings growth with improving cash flows
- CROWNCEMNT's 55% EPS decline highlights cement sector pressure
- 16 stocks hit price limit open on Wednesday as earnings re-priced financials