Stock / Bangladesh

Islami Bank sets sights on top spot after stunning comeback

Islami Bank sets sights on top spot after stunning comeback

After narrowly escaping a liquidity collapse triggered by massive loan irregularities linked to the S Alam Group, Islami Bank Bangladesh PLC is now on a determined path to reclaim its past glory -- aiming to become the country's leading commercial bank once again. In an exclusive interview with Th


Stocks log biggest single-week gain in 10 months

Stocks log biggest single-week gain in 10 months

The benchmark index of the Dhaka Stock Exchange (DSEX) surged 3.56 per cent this week, marking its biggest weekly gain in 10 months, as investor sentiment remained buoyant despite concerns over US tariff hikes. The rally came amid fears surrounding the United States' proposed 35 per cent reciproca

Indo-Bangla Pharma eyes exports to offset business woes

Indo-Bangla Pharma eyes exports to offset business woes

Loss-making drug manufacturer Indo-Bangla Pharmaceuticals has announced a plan to export medicines to Afghanistan for what it claims is to overcome difficulties to access dollars to import raw materials. If the plan is translated into action, Afghanistan will be the first export destination of pro

Stocks break 5,000 barrier amid signs of economic turnaround

Stocks break 5,000 barrier amid signs of economic turnaround

Stocks extended rally for the sixth straight session on Wednesday, with the key index of the Dhaka bourse surpassing the 5,000-point threshold after three months, defying worries over proposed higher-than-expected US tariff imposition. Improving macroeconomic indicators seem to have helped offset

Yield on 2-yr BGTBs falls

Yield on 2-yr BGTBs falls

The yield on two-year Bangladesh Government Treasury Bonds (BGTBs) dropped significantly on Tuesday as banks showed increased willingness to invest their excess liquidity in risk-free securities. The cut-off yield, generally known as the interest rate, on the BGTBs declined to 11.60 per cent on th