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Stocks tumble for 3rd straight day

Stocks tumbled for the third straight day on Monday in absence of fresh fund injection while selling of shares for cash dragged the indices further down. The broader index at the Dhaka Stock Exchange (DSE) sank into the red at the last week’s close that extended this week in the past two trading sessions, reports BSS. “Market is following industry specific fundamentals and economic cues. Investors are watching market triggers closely before setting next trade”, said Lanka Bangla Securities Limited (LBSL). dseThe DSEX lost 15.79 points to close the sessio...

Market ends week lower on dull trade

Share trading was predominantly lackluster during the week ending on Thursday as investors were cautious in repositioning and placing orders for secondary shares. The benchmark index DSEX eroded 55 points this week when Dhaka Stock Exchange (DSE) saw low level of activities and experienced a technical glitch that halted trading for nearly two hours on Wednesday, reports BSS. The broader index fluctuated around 4800-point level and finally closed the week at 4808.87, with the two selective DS30 and DSES sliding marginally to 1859.39 and 1191.00 respectively. stock market... </div><!-- .entry-content --> </article><!-- #post-## --> <div class=

MTB Unit Fund declares 9.5pc dividend

The Trustee Committee of the MTB Unit Fund has, following a meeting held on 6th August 2015, declared a cash dividend of 9.5% per unit for Unit Holders of the MTB Unit Fund for FY 2014-2015. Alliance Capital Asset Management Ltd (ACAML) is the Asset Manager of the MTB Unit Fund and Bangladesh dseGeneral Insurance Company (BGIC) is the Trustee. The Unit Holders, whose name appeared in the registers of MTB Unit Fund on 30 June 2015, will be entitled to receive the aforesaid dividend. ACAML is committed to safeguard...

CSE-50 index revised

The CSE-50 index has been revised on the basis of performance of the CSE-listed companies. The new index had been effective from July 30, 2015. CSE 50 index is reviewed twice in a year. The new companies which have been included are ACI Limited and Lafarge Surma Cement Limited. On the cseother hand British American Tobacco BD Limited and Fareast Islami Life Insurance Company Limited were excluded from the previous list. The final 50-index companies are AB Bank, Aftab Automobiles, Al Arafah Islami Bank, Bank Asia, BEXIMCO, Brac Bank, Bangladesh Submarine Cabl...

Islami Bank booms market price by Q2 EPS

Islamic Bank Bangladesh Ltd (IBBL) makes Net profit 246% more than previous year. Hopefully this bank is going upward through it’s standard operational activities. The Investors may expect a handsome return from IBBL. IBBLFurthermore, the reports shows consolidated Net Profit after tax (excluding non-controlling interests) from Jan-15 to June-15 was Tk. 3,395.24 m. with consolidated EPS of Tk. 2.11 as against Tk. 974.06 m. and Tk. 0.61 respectively for the same period of the previous year. Whereas consolidated Net Profit after tax (excluding non-controlling...

Stocks end week delivering low returns

Stock market closed Thursday with moderate gain and delivering low returns against some large-cap securities including pharmaceutical and multinational companies (MNCs). The market opened downward on Sunday and extended a moderate losing wave to the next session as investors went for profit booking on stocks, which showed short rallies in previous week. stock marketThe falling trend was halted at the third session on Tuesday, with increasing participation around pharmaceutical and MNCs securities. The gaining trend continued till the end of...
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