The stock market watchdog has launched an inquiry into the auditing firm, Shiraz Khan Basak & Co., to determine its culpability following the detection of grave irregularities in the pre-IPO financial statements of ACME Pesticides, which were audited by the firm. A primary investigation conducted
National Feed Mill may have overstated its profit in FY25 by tampering with the cost of goods sold and by reducing financial expenses, according to its auditor. The auditor has issued a qualified opinion on the company's financial statements for the year ended June 2025, highlighting significant i
Unilever Consumer Care's profit grew 19 per cent year-on-year to Tk 794 million in 2025, supported by higher sales of Horlicks amid easing inflationary pressure. Sales of Horlicks gradually climbed over the past four consecutive quarters to December last year after a sharp decline in 2024 owing to
The auditor has raised a red flag over the continuation of business of Prime Finance & Investment as the company has been suffering losses for three years and has reported negative retained earnings since 2015. The company could not maintain required provisions due to irregularities and mismanagem
Investors bid up the share price of Northern Jute Manufacturing more than 60 per cent within a month, despite the company being closed for more than five years due to its involvement in the Prasanta Kumar Halder (PK Halder) loan scam. The price of Northern Jute Manufacturing shares was Tk 85.7 eac
The whole process of launching the country's maiden commodity exchange (CX) has come to a halt as the shareholding status of the strategic partner of the Chittagong Stock Exchange (CSE) has created complications. Seven companies have already applied for licences to operate as commodity brokers at
Trading on Bangladesh’s bourses showed a mixed trend in the first half on Wednesday, with the Dhaka Stock Exchange (DSE) posting gains while the Chittagong Stock Exchange (CSE) witnessed a decline in its key index. During the first half of the fourth trading day of the week, the DSE’s
Woven fabric manufacturer Paramount Textile reported more than 19 per cent lower profit of Tk 207.78 million in its second quarter (October-December) of FY26 as its revenue declined amid weaker global demand. According to a disclosure on Tuesday, earnings per share fell to Tk 1.16 in the second qu
Listed non-life insurance company Pioneer Insurance declared a 4.6 per cent lower profit of Tk 446.95 million in 2025, compared to the year before, despite higher revenue. According to a stock exchange filing on Tuesday, the company's earnings per share shrank to Tk 4.57 per share in 2025 from Tk
The stock index witnessed the biggest single-day fall for the first time in six years on Tuesday as panicked investors tried to exit the market amid the intensifying Middle East conflict.Market data subscription Investors were rattled, which was reflected in the intense selling pressure across the
The equity market index plunged 209 points on Tuesday as jittery investors dumped their holdings amid escalating Middle East conflict. The broad index of the Dhaka Stock Exchange, DSEX, fell 208.98 points to close at 5,325, down from 5,534 in the prior session. The DSE index plunged 3.78 per cent
The equity market index plunged 174 points after 2:30 hours of trading on Tuesday as jittery investors dumped their holdings amid escalating Middle East conflict. Markey analysts said the ongoing conflict could drive up the cost of doing business as oil prices are expected to rise further amid the
The market regulator has effectively brought local operations of LR Global Bangladesh Asset Management Company to a halt by cancelling its appointment as asset manager of six close-ended mutual funds, citing serious violations of securities laws and failure to protect investors' interests. The aff
