Stock / Bangladesh

United Power gets back gas but price fight isn't over yet

United Power gets back gas but price fight isn't over yet

Gas supply to a plant of the United Power Generation & Distribution Company (UPGDC) has been resumed two weeks after suspension as the government, under pressure to meet rising energy demand, agreed to address a dispute over gas pricing. The 82 MW plant located in the Dhaka Export Processing Zone


Stocks open with gains in key indices

Stocks open with gains in key indices

Trading in both the Dhaka and Chattogram stock exchanges began with gains in all major indices on Tuesday, the second working day of the week. At the Dhaka Stock Exchange (DSE), the benchmark index DSEX rose by 12 points. The Shariah-based index DSES increased by 4.0 points, while the blue-chip i

IDLC Finance's profit up 43pc on gains from T-bonds

IDLC Finance's profit up 43pc on gains from T-bonds

IDLC Finance reported a profit of Tk 508.77 million for the first quarter of 2025, a year-on-year surge of more than 43.6 per cent, driven by gains from Treasury bonds and reduced provision. The earnings per share (EPS) rose to Tk 1.22 for the first quarter of 2025 from Tk 0.85 for the same perio

Stock market opens week with downturn on both bourses

Stock market opens week with downturn on both bourses

Bangladesh’s stock markets began the first trading day of the week with a decline, as all major indices in both Dhaka and Chattogram opened lower on Monday. At the Dhaka Stock Exchange (DSE), the benchmark index DSEX dropped by 2.0 points. The Shariah-based DSES index fell by 1.0 point, whil

Paramount Insurance profit up 5pc on cost cuts

Paramount Insurance profit up 5pc on cost cuts

Listed non-life insurance company Paramount Insurance showed a 5 per cent year-on-year increase in profit to Tk 4.81 million in its first quarter (January-March) of 2025, supported by lower management and commission costs. The earnings per share (EPS) rose to Tk 1.18 for the first quarter of 2025