The DSE Brokers Association (DBA) seeks two more months to ensure the installation of tamper-proof back-office software by all brokers -- a mechanism deemed crucial to prevent digital fraud meant to embezzle investors' money. The deadline after the third-time extension was June 30. The DBA claime
After five straight sessions of gains, the Dhaka Stock Exchange (DSE) posted a marginal correction, with the benchmark index slipping by a single point and overall turnover easing slightly. On Monday, the DSEX index closed at 4,838 points as the session marked a pause following a 162-point rally o
The country’s banks and capital market will remain closed on Tuesday as the new fiscal year 2025-26 begins on the day. Banks and financial institutions will not provide services for their clients due to the bank holiday, as they will complete their book closures on the day. As banks are clo
Stocks witnessed a downward trend in early trading on Monday, the last trading day of the first half (H1) of the calendar year. During the first hour of trading on the Dhaka Stock Exchange (DSE), the benchmark index DSEX dropped by 19 points. The other two indices also posted losses -- Shariah-ba
Titas Gas Transmission and Distribution is going to issue 282.75 million non-cumulative preference shares against funds received from the government earlier as share money deposits. The board of directors on Sunday gave its formal approval for the conversion of deposits worth Tk?2.827 billion into
The insurance regulator proposes changing regulations to empower itself to remove chief executive officers from insurance companies for the abuse of power and corruption. If the recommended reforms to the regulations for the appointment to and removal of CEOs from insurance companies are broug
The country’s stock markets opened the week on Sunday on a positive trajectory, as indices edged up and most companies saw a rise in share prices. During the first hour of trading, the DSEX, the key index of the Dhaka Stock Exchange (DSE), gained 21 points. The Shariah-based DSES index rose
Bay Leasing & Investment's loss surged in 2024 to more than 11 times the amount it had incurred in the first nine months of the year through September, driven by an escalation in provisioning against bad loans. Compared to 2023, the annual loss, Tk 4.39 billion, in 2024 was 5.3 times higher. The n
Following a significant turnaround from prolonged liquidity stress, United Commercial Bank (UCB) now sets its sights on becoming one of Bangladesh's most profitable commercial banks within the next three to four years, said its Managing Director and CEO Mohammad Mamdudur Rashid. In an exclusive in
Olympic Industries is set to purchase an additional 702 decimals of land adjacent to its factories in the Kanchpur and Gazipur areas, at a cost of Tk 212 million, to facilitate its future expansion plans. The company's board of directors approved the decision at a meeting held on Thursday, accordi
The equity benchmark index of the Dhaka Stock Exchange (DSE) surpassed the 4,800 mark this week for the first time in one and a half months, as optimistic investors continued their buying spree in lucrative stocks amid easing local and geopolitical tensions. Market operators said buyers remained d
British American Tobacco Bangladesh Company (BATBC) is going to invest Tk 2.97 billion to expand the capacity of its Savar factory following the closure of its factory in the capital. In a stock exchange filing on Thursday, the tobacco manufacturer said its board approved the investment decision a
Legacy Footwear announced a new contract that it signed with a Chinese company to earn an additional revenue of Tk 366 million a year over the next five years. After the disclosure of the price-sensitive information on Thursday, the stock jumped 9.94 per cent to Tk 58.60 per share on the Dhaka Sto
