Stock / Bangladesh


Stocks gain, but investors remain wary

Stocks gain, but investors remain wary

The benchmark index of the Dhaka Stock Exchange (DSEX) rebounded this week, paring some of the previous week's steep losses as bargain hunters returned to scoop up undervalued blue-chip stocks, even though overall sentiment remained cautious amid escalating Middle East conflict. The week began in

Stocks down at opening after two-day rise

Stocks down at opening after two-day rise

Stocks opened lower on Wednesday, after remaining upbeat for the past two trading days, as cautious investors opted for booking profits on quick-gaining stocks. Market operators said investors mostly remained cautious and closely watching the Middle East war before making any investment decision.

Stocks extend rally on easing geopolitical worries

Stocks extend rally on easing geopolitical worries

Dhaka stocks rallied for a second straight session on Tuesday as signs of easing geopolitical tensions and a sharp decline in global oil prices boosted investor confidence. Market sentiment improved after US President signalled that the war involving Iran could be nearing an end, easing fears of p

SEML Lecture Fund to shift to open-ended scheme

SEML Lecture Fund to shift to open-ended scheme

The securities regulator has approved the conversion of the SEML Lecture Equity Management Fund from a closed-end scheme into an open-ended mutual fund after the completion of its 10-year tenure. The decision was taken at a meeting of the Bangladesh Securities and Exchange Commission (BSEC) held o

United Finance gets BB nod to open Islamic finance window

United Finance gets BB nod to open Islamic finance window

United Finance PLC has received in-principle approval from Bangladesh Bank to open an Islamic Finance Window, allowing the non-bank financial institution to offer Shariah-compliant financial services alongside its existing conventional operations. The company disclosed the development in a regulat

Islami Bank approves US firm as strategic investor in mCash

Islami Bank approves US firm as strategic investor in mCash

The board of Islami Bank Bangladesh PLC has approved a proposal to onboard US-based B100 Holdings LLC as a strategic investor in its mobile financial services subsidiary --- mCash Ltd to support the expansion of digital financial services. The decision was taken at the bank’s 395th board mee

Stocks open higher after previous day’s big fall

Stocks open higher after previous day’s big fall

Stocks opened higher on Monday as bargain hunters favored taking positions in potentially lucrative shares after a major fall in the past few sessions amid the ongoing middle east conflict. The market opened higher, aided by the price appreciation of some large-cap stocks, as opportunistic investo