Department of Cooperatives official Md Abul Khayer and his associates have been slammed with fines worth Tk 24.6 million once again for manipulating share price of a single stock--Crystal Insurance. This is not the first time he has been found guilty of the offense. Mr Khayer and his family
Stocks extended the winning streak for the second straight session on Sunday, the first trading day after Eid holidays, driven by investors' buying interest in selective blue chip shares. Market analysts said the market reacted positively to the recent developments on the political front over next
The country's pharmaceutical industry has great potential to grow further, with the rising income and aged population and expansion of export markets, but it has not yet built capacity to explore fund-raising options, including IPO. Of as many as 200 local companies, only 19 firms of the industr
Dhaka Stock Exchange (DSE) has closed higher on the first trading day after a 10-day Eid-ul-Azha break, recovering from the pre-holiday volatility. The benchmark DSEX index gained 14.91 points to close at 4,724, compared with 4,709 points at the last trading session on Jun 4. On Sunday, trading b
Stocks opened with a mixed trend on Sunday, the opening session after a 10-day Eid vacation. The market remained closed from June 5 to June 14, including weekly holidays on the occasion of Eid-ul-Azha. Following the previous session's upward trend, Dhaka bourse opened on a positive note while the
Prime Bank shows the second highest return on equity (ROE) among well-performing banks in its latest annual report but the stock still trades at the lowest price-to-earnings (P/E) ratio among listed banks on the bourses. It posted an ROE of 6.27 per cent in 2019, meaning it generated a profit of T
Trading on the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) resumes today (Sunday) after a 10-day Eid vacation. The market remained closed from June 5 to June 14 on the occasion of Eid-ul-Azha, the second largest religious festival of the Muslims. Trading on the bourses will
Despite the turmoil and uncertainties in the political landscape, Marico Bangladesh has reported a record profit and revenue for the year ended in March this year. The revenue of the India-based multinational company grew 12.3 per cent year-on-year to Tk 16.31 billion while profit jumped 28.2 per
Trading and official activities on the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) will resume tomorrow (Sunday) after a 10-day Eid holiday. The market remained closed from June 5 to June 14, including weekly holidays on the occasion of Eid-ul-Azha, the second largest religious
An association of retail investors has demanded that undeclared income be allowed for investment in stocks to save the moribund equity market. The market index tumbled to a five-year low while market capitalisation has been reduced by around Tk 1.2 trillion since the formation of the interim gover
The securities regulator has formed a four-member body to probe whether five companies, including three from Beximco Group, are compliant to protect the interest of investors and the capital market. The companies are BEXIMCO, Beximco Pharmaceuticals, Shinepukur Ceramics, Ratanpur Steel Re-Ro
The country’s stock markets closed on a positive note on the last trading day on Wednesday before the Eid-ul-Azha holidays, with key indices rising in Dhaka and Chattogram and most company shares posting gains. At the Dhaka Stock Exchange (DSE), the benchmark index DSEX increased by 44 point
Trading at the Dhaka and Chattogram stock exchanges began on a positive note on Wednesday, the fourth working day of the week, with most listed companies witnessing price increases. At the Dhaka Stock Exchange (DSE), the benchmark index DSEX rose by 25 points. The other two indices also edged up -
