The benchmark DSEX index extended its losing streak for a second consecutive session on Sunday, dragged down by cautious trading and a notable decline in turnover, reflecting subdued investor sentiment and risk aversion. The DSEX shed 0.78 per cent to close at 5,086.86 points, marking continued we
Bangladesh’s capital market fell again on Monday as key indices dropped in both Dhaka and Chattogram stock exchanges, with most company shares declining and overall turnover shrinking. At the Dhaka Stock Exchange (DSE), the benchmark DSEX index fell by 40 points. Shariah-based index DSES dro
The securities regulator has formed a nine-member Shariah advisory council to facilitate the issuance of Shariah-compliant securities and promote the development of an Islamic capital market. The Bangladesh Securities and Exchange Commission (BSEC) on Sunday announced the names of the council memb
Kohinoor Chemical posted a record profit of Tk 632 million in FY25, driven by higher sales and a reduction in raw material prices. With that, the company registered more than 24 per cent year-on-year profit growth for the year through June, according to price-sensitive information published on Sun
With some stocks trading around Tk 1 per share, the prime bourse has reduced the smallest allowable price deviation in each transaction for such securities to Tk 0.01 from the existing Tk 0.10. The decision will come into effect on October 29, according to a stock exchange filing on Sunday, aimed
Despite higher revenue, Grameenphone's profit dropped slightly by 0.52 per cent year-on-year to Tk 7.51 billion in July-September this year, due to higher energy costs and operating expenses. The leading telecom operator's revenue stood at Tk 40.10 billion for July-September this year, registering
Mutual Trust Bank (MTB) PLC has intensified its focus on digital transformation to meet the banking needs of the rapidly expanding, technologically adept population more conveniently. As part of the bank's 'physital' (physical and digital) banking approach, the bank has been partnering with fintec
The new margin rules awaiting gazette notification are meant to keep both lenders and borrowers out of the negative equity trap. Some vested quarters opposed them, but the regulator has stayed firm in its position to bring necessary changes in loan facilities for investment in the secondary market
BRAC Bank PLC has reported its highest-ever quarterly profit for the July-September period this year, registering a 50 per cent year-on-year increase. The third-generation commercial bank posted a consolidated profit of Tk 6.30 billion, up from Tk 4.20 billion in the same quarter the previous year
The benchmark equity index of the Dhaka Stock Exchange (DSE) closed in the green this week, recovering from two consecutive weeks of losses, as investors showed renewed buying interest in selective stocks that posted strong earnings growth in their latest financial disclosures. Market analysts poi
Summit Power reported a whopping 88 per cent year-on-year decline in profit to Tk 0.41 billion in FY25 due to the shutdown of nearly half of its plants and an impairment loss of Tk 1.52 billion shown in its financial statements. As the government has shifted its power policy towards renewable ener
Asia Floor Wage Alliance (AFWA) has called for a transparent public investigation into both fires -- Mirpur and Chattogram factories with full disclosure of factory ownership and sourcing brands. Expressing its solidarity with victims and their families, the AFWA, a global coalition of labor and s
Singer Bangladesh's loss escalated 160 per cent year-on-year to Tk 480 million in the third quarter through September this year despite higher sales, due to a significant increase in finance costs. The multinational electronics and home appliance manufacturer has reported negative earnings of Tk 4
