Financial markets worldwide are responding abruptly to the on-going coronavirus pandemic. The Covid-19 pandemic is likely to produce widespread impacts on financial markets and institutions in almost each affected country. Bangladesh is no exception. Although the stock market is yet to prove its dominance in the market...
The multinational cigarette company- British American Tobacco Bangladesh Company Limited- has posted a 32 percent jump in its cigarette sticks sales in the first quarter of the current financial year. During that period, the company sold 1,671.2 crore sticks across the country, which was 1,263.1 crore at...
Six listed state-owned companies are yet to issue shares against Tk 6,652 crore share money deposits of the government, depriving the government from the ownership and dividend income, observed the Financial Reporting Council. The FRC in a letter to the finance ministry on June 16 described the matter...
Capital market passed yet another gloomy year as the core index of the Dhaka Stock Exchange (DSE) lost 26.56% year-on-year in FY2020, as stocks never encountered this much bad time after its big collapse in 2010-11. The fiscal year 2020 was a complete mess for the stock business and a year...
অপ্রদর্শিত আয়ের টাকা পুঁজিবাজারে বিনিয়োগের যে সুযোগ দেওয়া হয়েছিল এবারের বাজেট প্রস্তাবে, তা আরও শিথিল করা হয়েছে। আগামী অথর্বছরের বাজেট প্রস্তাবে বিনিয়োগের টাকা তিন বছর বাজারে ধরে রাখার (লক-ইন) শর্ত দেওয়া হয়েছিল। দুই বছর কমিয়ে এখন শুধু এক বছর করা হয়েছে। আজ সোমবার অর্থবিল ২০২০ পাস হওয়ার...
Titas Gas Transmission and Distribution Company Limited's earnings per share (EPS) has fallen by 33% in the third quarter (January-March) of FY20 compared to the same period of previous year. Senior officials at the company told Dhaka tribune that the significant fall of earnings had been caused...
Market analysts anticipate the country’s ailing bourse to be rejuvenated as reputed local and multinational companies including a mobile phone operator are set to emerge in stock market amid a global setback in financial activities due to COVID-19 pandemic. Regulators said they by now approved enlistment of...
The Dhaka Stock Exchange said on Sunday that investors whose funds were embezzled by Crest Securities Limited would get back their money soon. The DSE made the comments at a virtual press conference on Sunday. DSE managing director Kazi Sanaul Hoq said that shares of 21,000 investors...
The country's prime bourse, Dhaka Stock Exchange (DSE), has taken initiatives to cut jobs and salaries of its officials. The DSE's board of directors has already formed a five-member committee in this regard. Its independent director, Salma Nasreen, will helm the committee and recommend the next course...
Stocks slipped back into the red on Monday, after a single-day break, as investors mostly followed a cautious stance amid the ongoing virus scare. DSEX, the key index of the Dhaka Stock Exchange, went down by 5.40 points or 0.13 per cent to close at 3,956. Market...