Why are investors leaving the stock market?

Stock investors in Bangladesh are leaving the share market as they are losing their hard-earned money because of the persisting fall of the indices driven by the prolonged economic crisis, the worsening health of the banking industry, and rising interest and exchange rates.
19 May 2024, 00:30 AM

SS Steel sees profit shrivel as it expands footprint

SS Steel Ltd has registered higher turnover thanks to increased sales ever since the steelmaker started acquiring several companies in 2020, but its overall profit has dropped.
18 May 2024, 18:00 PM

5 banks to seek offshore banking deposits at NY campaign

The leading banks will arrange a dinner for expatriate Bangladeshis at New York LaGuardia Airport Marriott
18 May 2024, 14:27 PM

Dhaka Bank’s Q1 profit highest in 4 years

The bank's profit rose 26% year-on-year to Tk 60.39 crore in Jan-Mar period of 2024
16 May 2024, 12:37 PM

Stocks drop for three straight days

The stock market continued to plunge for a third consecutive day yesterday as risk-averse investors sold shares apprehending that the economy would turn for the worse in the coming days.
15 May 2024, 13:50 PM

BATB's profit drops as for high inflation deters smokers

British American Tobacco Bangladesh (BATB) saw a drop in its profits and sales in the January-March period of 2024, reasoning that people had cut back on smoking cigarettes amidst high inflationary pressure.
14 May 2024, 18:00 PM

LafargeHolcim’s profit drops for first time since 2022's Q1

The cement maker’s turnover fell 3%, profit 15% in Jan-Mar
13 May 2024, 13:17 PM

Russell T Ahmed reelected as BASIS president

Russell T Ahmed has been reelected as the president of the Bangladesh Association of Software and Information Services (BASIS) for a two-year term..M Rashidul Hasan was elected as senior vice president of the apex tread body of Bangladesh's ICT industry..It elected two other vice pre
11 May 2024, 11:35 AM

bKash's profit surged in 2023

Mobile financial service provider bKash logged a massive 504 percent year-on-year rise in profit in 2023.
9 May 2024, 18:00 PM

PM instructs inclusion of public companies in capital market

Prime Minister Sheikh Hasina today directed the Finance Division to take effective steps to enlist state-owned companies in the country's share market
9 May 2024, 13:35 PM

‘Bangladesh economy showing resilience’

The first-ever Purchasing Managers' Index shows slower expansion at 62.2 in April
9 May 2024, 10:39 AM

Stocks fall amid profit booking

The prime index of the DSE decreased 0.6% before closing the day at 5,690.78
8 May 2024, 12:22 PM

DSE seeks knowledge from Nasdaq, Swedish stock exchange

Cooperation is sought for product development, technology upgradation, monitoring and financial literacy
8 May 2024, 11:24 AM

Shipping Corporation's profit down 27% in July-March

State-owned Bangladesh Shipping Corporation (BSC) has witnessed a year-on-year drop in both revenue, generated from renting out its seven vessels, and associated profit in the first nine months of this fiscal year of 2023-24.
7 May 2024, 18:00 PM

Crawling peg system: A welcome step but will it be enough to boost reserves?

The crawling peg system for the taka is a delayed and, perhaps, inadequate response to the bleeding of forex reserves. Some economists suggest the central bank should go beyond this formula and open the exchange rate to market forces to stop the continuous erosion of reserves. Either way, exporters and remitters will celebrate more flexibility in the exchange rate.
7 May 2024, 13:35 PM

Dhaka stocks break five-day gaining streak

The DSEX fell 1.74 points to 5,725.28
7 May 2024, 11:40 AM

Stock's turnover crosses Tk 1,000 crore after three months

It hit Tk 1,095 crore, up by 34% from the previous day
6 May 2024, 11:45 AM

Marico’s sales growth hits 7-year low

Sales grew for Indian consumer goods company Marico Bangladesh in the 12 months of fiscal year (FY) 2023-24, which ended on March 31 this year as per their books.
30 April 2024, 18:00 PM

Capital gain tax on stock trading unlikely: BSEC chairman

Prof Shibli Rubayat-Ul Islam says in a meeting with capital market journalists
30 April 2024, 16:05 PM

Dhaka Bank’s 2023 profit up 4%

Dhaka Bank registered a 4 percent year-on-year growth in profit to Tk 173 crore in 2023.
29 April 2024, 15:10 PM