The Dhaka bourse on Thursday turned overly upbeat just a day after it showed the highest correction of the prime index in about five years without any significant change on economic or geo-political front. A majority of the stocks recovered from the heavy loss that they endured the day before for
The International Finance Corporation (IFC) has committed to providing a US$58 million long-term loan to Renata PLC, a leading pharmaceutical company in Bangladesh. The aim is to bolster the country's pharmaceutical sector and its capacity to deliver essential healthcare products. This financing
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
The Dhaka Stock Exchange (DSE) has rallied to regain 100 points in a day as indices rose sharply in a recovery following a sector-wide decline on Wednesday caused by the India-Pakistan conflict in the region. The DSE price index knocked up 99.85 points to post 4,902 at the close on Thursday. Altho
Reckitt Benckiser (Bangladesh) posted a marginal 1.1 percent year-on-year increase in profit to Tk 153.35 million for the first quarter of 2025, supported by an 11.05 percent year-on-year growth in revenue. The earnings per share (EPS) of the multinational producer of toiletries and pharmaceutical
The main market in Bangladesh witnessed rapid erosion of stocks than in Pakistan and India on Wednesday over fear of possible spill-over impacts of further escalation of the conflict between the two countries. Investors in Bangladesh seem to have gone into a panic, having learnt that India struck n
The yield on two-year Bangladesh Government Treasury Bonds (BGTBs) dropped significantly on Tuesday as banks expressed increased interest in investing their excess liquidity in the securities. The cut off yield, generally known as interest rate, on the BGTBs came down to 11.97 per cent on the day
The shrimp fry producer Beach Hatchery posted a 214 percent year-on-year surge in profit to Tk 77.9 million for the January- March quarter of FY25, driven by higher revenue and a reduction in operating expenses. Its earnings per share (EPS) jumped to Tk 1.88 for the third quarter of FY25 from Tk 0
DBH Finance secured a "moderate" 2.4 per cent year-on-year increase in profit to Tk 1,008 million in 2024, a year marked by economic and political upheavals, having kept non-performing loans (NPLs) remarkably low. "Our growth is not bad in consideration of the overall situation," said Managing D
The key index of Dhaka Stock Exchange (DSE) has avoided a big dip, thanks to fundamental banks and mutual funds, which contributed heavily to trading. The DSEX, the benchmark index, shed 12.94 points on Tuesday, closing at 4951 points. It had hit 4,964 points on Monday. Trading began on a negativ
Stocks opened higher on Tuesday, as bargain hunters continued buying lucrative shares after a recent price fall. Following the previous day’s gain, the market opened on a positive note as anticipation of a probable market recovery built up surrounding the earnings declarations of the listed
Pubali Bank wants to raise Tk 15 billion through subordinated bonds to strengthen capital base under Basel-III compliance as per the Bangladesh Bank's December 2014 guidelines on risk-based capital adequacy. The bond issuance is subject to the approval of the regulatory authorities concerned- Bang
The Dhaka Stock Exchange (DSE) has revoked the TREC licence of Tristar Securities only 44 months after it was issued due to the firm's failure to maintain the required capital. However, the owner of Tristar Securities, Md. Zillur Rahman Mridha told The Financial Express that he intentionally chos
