Listed yarn manufacturer Al-Haj Textile Mills reported a miraculous comeback in its more than one-year-late declaration of FY24 results, showing a profit of Tk 224.55 million after a significant loss in the first nine months of the year. The time to announce even FY25 results has already passed by
Bangladesh’s stock market continued its downward trend for the second consecutive session on Monday, with key indices falling at the Dhaka Stock Exchange (DSE) and losses also recorded at the Chittagong Stock Exchange (CSE). At the DSE, the benchmark DSEX index shed 7 points, while the Shari
The Central Counterparty Bangladesh Limited (CCBL) is yet to begin operations six years after its formation due to resistance from shareholder directors of the exchanges. As per the existing system, the 10-member board of the CCBL consists of five independent directors, four representatives from t
Bangladesh Bank, through a special order, devalued the paid-up capital of three listed banks to zero and cancelled all rights of their shareholders, while the capital market watchdog still expects remedies for investors. According to a Dhaka Stock Exchange (DSE) filing on Wednesday, Bangladesh Ban
Global fund manager Asia Frontier Capital (AFC) anticipates that Bangladesh's capital market will turn around in 2026 after another gloomy year, aided by political stability and macroeconomic recovery. Although Asian frontier markets have significantly outperformed the region for a third consecuti
Bangladesh’s capital market showed mixed trends in the first half of trading on Wednesday, with indices rising at the Dhaka Stock Exchange (DSE) while declining at the Chittagong Stock Exchange (CSE). During the first half of the session, the benchmark DSE index, DSEX, advanced by 14 points.
Most of the unit holders of Beximco Green Sukuk have shown reluctance in converting bonds into shares although four years have passed, fearing losses. In a stock exchange filing on Tuesday, the Investment Corporation of Bangladesh (ICB), the trustee of the debt securities, said only 18 unit holder
The Dhaka Stock Exchange (DSE) has revoked another Trading Right Entitlement Certificate (TREC) licence - SQ Brokerage House Ltd - for violation of trading rules. The prime bourse on Tuesday announced the regulatory decision on its website, stating that the brokerage firm failed to commence tradin
State-run Power Grid has undisclosed liabilities which, if taken into account, would exceed the value of its assets and impair its ability to repay. The company's auditors flagged the liabilities in qualified opinions attached to the FY25 financial statements. To get independent judgements about t
Bangladesh’s stock market opened on a positive note on Tuesday, the third trading day of the week, but the Dhaka Stock Exchange (DSE) failed to hold the gains by the end of the session, while the upward trend continued at the Chittagong Stock Exchange (CSE). At the DSE, the benchmark index D
The board of directors of Bangladesh Shipping Corporation (BSC) has approved a 25 per cent cash dividend for FY25 at its 48th annual general meeting (AGM), held in Chattogram on Monday. Brigadier General (retd) Dr M Shakhawat Hossain, adviser to the Ministry of Shipping and chairman of the BSC boa
State-run Jamuna oil and Meghna Petroleum are at 'high credit risk' as their investments in fixed deposit receipts (FDRs) equivalent to Tk 16.95 billion are stuck with banks facing acute liquidity crises. The banks are Global Islami Bank, Union Bank, First Security Islami Bank, Social Islami Bank,
The number of Bangladeshi firms more than doubled to 16 in terms of reporting on Environmental, Social and Governance (ESG) compliance in the last two years, according to Bloomberg. ESG is the most recognised sustainability matrix worldwide, and the global investment data provider Bloomberg leads
