Stock / Bangladesh

4 of Kattali Textile fined for not letting auditor work

4 of Kattali Textile fined for not letting auditor work

The securities regulator has penalised four of the top brass of Kattali Textile, including its chairman, with fines worth Tk 40 million for non-cooperation during a special audit of the company. The Bangladesh Securities and Exchange Commission (BSEC) imposed the fines upon hearing from the accuse


Dhaka bourse edges up amid mixed performance of blue chips

Dhaka bourse edges up amid mixed performance of blue chips

Large-cap companies on Tuesday showed mixed performance as investors were active on both sides of the trading fence, leading to a marginal gain of the broad index of the Dhaka Stock Exchange (DSE). The market opened the day's session with a positive note and the DSE broad index DSEX exhibited vola

NRB Bank makes trading debut Tuesday

NRB Bank makes trading debut Tuesday

NRB Bank Ltd will make its share trading debut on Tuesday (February 27) on the stock exchanges under the 'N' category. NRB Bank, a fourth-generation private commercial bank, received regulatory approval from the Bangladesh Securities and Exchange Commission (BSEC) on November 9 last year and raise

Dhaka bourse edges up, ending 7-day losing trend

Dhaka bourse edges up, ending 7-day losing trend

The stock market managed to close higher on Thursday, snapping a seven-day losing streak, as investors sought bargain hunting opportunities in sector-specific lucrative stocks. The recovery of the market index was mostly driven by Square Pharma, Uttara Bank, Bangladesh Monospool Paper, Paper Proce

Dhaka bourse loses half of gains seen after removal of floor

Dhaka bourse loses half of gains seen after removal of floor

After the removal of the floor price, 189 stocks, out of 357 listed companies, have traded below the floor price level, as investors' optimism has been gradually fading away. Among the stocks, IPD Finance lost 41 per cent, closely followed by GSP Finance, Bay Leasing, Ring Shine Textile, and Malek

DSE turnover slumps below Tk 8b-mark

DSE turnover slumps below Tk 8b-mark

Stocks extended the losing streak for the seventh straight day on Tuesday, with turnover falling below the Tk 8.0 billion mark after three weeks as investors mostly followed a cautious stance. Turnover, the crucial indicator of the market, stood at Tk 7.65 billion, which was 6.5 per cent lower tha

City General Ins, Crystal Ins post higher profit

City General Ins, Crystal Ins post higher profit

Two general insurers -- City General Insurance and Crystal Insurance -- have recorded significant profit growth in 2023, buoyed by improved underwriting performance and higher interest income. The City General Insurance witnessed a 34 per cent surge in profit year-on-year to Tk 206 million in 2023

DSE key index sheds 188 points in six days

DSE key index sheds 188 points in six days

Stocks extended the losing streak for the sixth straight day on Monday, with falling turnover, as risk-averse investors continued to bag profit on quick-gaining shares. Following the previous five days’ downturn, the market opened on a positive note, and the key index rose around 28 points w

Prime Bank Investment launches 4 tailor-made products

Prime Bank Investment launches 4 tailor-made products

Prime Bank Investment on Sunday unveiled four discretionary products for its clients, striving to set new standards to ensure inclusivity in the capital market. The products --Shariah, Women, Probashi, and Youth-- were launched through a ceremony held at a city hotel, according to a press release.

Newly-labeled Z stocks plunge on DSE

Newly-labeled Z stocks plunge on DSE

All 22 stocks newly labeled as Z category securities lost value on the Dhaka Stock Exchange (DSE) on Sunday. Market insiders believe the stock market watchdog has reduced the scope of manipulation by downgrading non-performing shares to junk category. Since Z category stocks do not qualify for ma

Aamra Networks’ rights subscription begins Mar 24

Aamra Networks’ rights subscription begins Mar 24

Rights shares subscription of Aamra Networks is set to begin on March 24, aimed at raising nearly Tk 930 million for network expansion and loan repayment. The subscription period for the IT firm will be continued until April 18 while the record date for entitlement of rights issues has been fixed