Stocks make strong turnaround on earning declarations
Dhaka stocks, which ended Monday flat and witnessed fall in the previous few trading sessions, made a strong turnaround on Tuesday on earning declarations.
DSEX, the benchmark index of Dhaka Stock Exchange (DSE), rose substantially by 1.25 percent or 56.52 points to reach at 4562.96 after falling down to the psychological support level of 4,500 points.
The blue-chip DS30 also followed the general index with 1.30
percent or 21.44 points rise to 1668.98 when the Shariah DSES index eased up by 0.77 percent of 7.74 points to finish the day at 1010.59.
DSE up, CSE down at opening
Share price index at the country’s premier bourse, Dhaka Stock Exchange (DSE) witnessed positive trend while that of Chittagong Stock Exchange (CSE) saw downtrend in early hours of trading on Tuesday, the third trading day of the week.
The DSE benchmark index, DSEX gained 1.51 points or 0.03 percent to reach 4650.26 at 11:15 am. Of the issues traded till then, 137 gained, 55 declined and 38 remained unchanged.
Meanwhile, the...
Showkat nominated CSE Director
Showkat Hossain FCA has been nominated by the government as an Independent Director of the Chittagong Stock Exchange (CSE) recently.
Hossain is also President of the Institute of Chartered Accountants of Bangladesh (ICAB) and a Partner of Hoda Vasi Chowdhury & Co. Chartered Accountants, an independent correspondent firm to Deloitte Touche Tohmatsu.
The Chittagong born Chartered Accountant is currently holding the post of Directo...
Hossain is also President of the Institute of Chartered Accountants of Bangladesh (ICAB) and a Partner of Hoda Vasi Chowdhury & Co. Chartered Accountants, an independent correspondent firm to Deloitte Touche Tohmatsu.
The Chittagong born Chartered Accountant is currently holding the post of Directo...
Newly elected CSE Board visits BSEC
The newly elected Board of Directors of Chittagong Stock Exchange Limited led by CSE Chairman Dr. Muhammad Abdul Mazid made a courtesy visit to BSEC Chairman on Wednesday.
BSEC Chairman Professor Dr. M. Khairul Hossain along with four members Professor Md. Helal Uddin Nizami, Md. Amzad Hossain, Arif Khan, Md. Abdul Salam Sikhder and all executive directors of BSEC welcomed the board of directors of CSE. In this visit they have discussed about to open CSE broker house branches, derivatives market...
BSEC Chairman Professor Dr. M. Khairul Hossain along with four members Professor Md. Helal Uddin Nizami, Md. Amzad Hossain, Arif Khan, Md. Abdul Salam Sikhder and all executive directors of BSEC welcomed the board of directors of CSE. In this visit they have discussed about to open CSE broker house branches, derivatives market...
Week opens Dhaka stock with month-high turnover
Dhaka stock market started this week on Sunday maintaining the gaining streak that took the daily trade value to 30-day high of taka 619.51 crore.
The previous highest daily transaction value of shares on Dhaka Stock Exchange (DSE) was taka 715.90 crore on December 12, 2013, which started declining later and hovered below 500-crore mark until Sunday.
The total transaction of shares also rose to 12.82 crore at the close on Sunday, which was also the highest since December 23.
DSEX, the benchmark index of DSE, had s...
The total transaction of shares also rose to 12.82 crore at the close on Sunday, which was also the highest since December 23.
DSEX, the benchmark index of DSE, had s...
Time-frame extended by 1 year to revitalise stock market
Bangladesh Bank (BB) extended the time- frame by one year for adjustment of “single borrower exposure limit” by the commercial banks for financing the operations of their brokerage houses and merchant banks.
BB’s initiative came as a year-end initiative to revitalise the share market by allowing banks maintain their higher stock market exposure for one more year, which will help maintain a steady demand on the market, reports BSS.
The central bank in a circular on Monday said that subsidiaries of banks cr...
The central bank in a circular on Monday said that subsidiaries of banks cr...
