Stocks have continued to lose value as the index and prices are falling every day. The DSEX, the benchmark index of Dhaka Stock Exchange, fell 53.42 points or 1.12 percent yesterday, to finish the day below 4,700, a level unseen in three years. Among many reasons, rampant...
Stocks plunged again yesterday after a two-day rising streak, pushing the turnover on the Dhaka Stock Exchange to a five-month low. Turnover dropped 22.37 percent to Tk 257.08 crore, the lowest since May 15. Most of the stock investors are fearing that the index may fall further,...
Country’s premier bourse, Dhaka Stock Exchange (DSE) ended yesterday’s session with a further dip maintaining the sluggish trend of previous day. Apart from telecom and jute, almost all the sectors, especially the large- cap sectors, registered notable sale that contributed to the further fall in indices. The...
Shares on the Dhaka Stock Exchange fell for the third consecutive day yesterday, pulled down by thin participation of institutional investors amid deepening pessimism among general investors. The DSEX, the benchmark index of the country’s premier bourse, dropped 32.05 points, or 0.65 percent, to stand at 4,862.25....
The 11 listed multinational companies of the Dhaka bourse are bagging higher profits than their local counterparts thanks to their superior skillset, research-based investment and astute management of operational costs. The top five companies with the highest earnings per share (EPS) are multinationals: Bata, Reckitt Benckiser, Linde Bangladesh,...
The net foreign investment on the Dhaka bourse has kept falling for the seventh straight month because of eroding investor confidence and the rising fear of depreciation of the local currency.Their net investment hit Tk 60.36 crore in the negative in September, when foreigners bought shares worth...
Stocks got a downbeat start to the week as investors kept a wary eye on tensions with Iran and on signals from China and the U.S. on prospects for a resolution of their tariffs war. The Shanghai Composite index skidded 1.3% to 2,967.01 in early trading Monday...
The revenue authority plans to buy a total of 300,000 sales monitoring devices this fiscal year to bring all shops under an online network and cut the scope for VAT evasion. The government already gave approval to purchase 100,000 such electronic fiscal devices (EFDs) for Tk 316 crore...
In a move that could further weaken people’s trust in local currency, the federal government may launch a new US dollar-based saving scheme, which will entitle people to claim profits and encash saving instruments at future exchange rates. Depositors will be protected from capital losses caused by...
Asian markets rose Thursday on
bargain-hunting by investors following a week of heavy losses due to anxiety
over the deepening US-China trade war. But tensions remained high, prompting a
rush on safe-haven assets such as bonds, gold and the Japanese yen. Bond yields
plunged on Wednesday as prices climbed, with the...