Stock / Bangladesh

Stocks open week on negative note

Stocks open week on negative note

Stocks witnessed a downturn in the early hours of trading on Sunday as investors were mostly in selling mode amid the prevailing volatility in the market. Market analysts blamed the rising interest rates that made fixed-income instruments more lucrative as compared to stock market returns while a


Middle East tensions roil stocks

Middle East tensions roil stocks

Stocks witnessed a sharp fall in the outgoing week after Eid holiday, as jittery investors fled risky assets, fearing that escalating Israel-Iran tensions will have a significant impact on the country's economy. Apart from the potential global crisis, the rising interest rates in the country promp

Dutch-Bangla Bank soars on DSE upon record earnings

Dutch-Bangla Bank soars on DSE upon record earnings

Dutch-Bangla Bank Ltd (DBBL) rose 7.20 per cent on the Dhaka Stock Exchange (DSE) on Thursday as investors were buoyed by its 42 per cent year-on-year profit growth in 2023. DBBL secured a profit of Tk 8.02 billion last year, highest since its listing in the stock market in 2001, riding on high in

Stocks sink to 3-year low in market rout

Stocks sink to 3-year low in market rout

The stock market witnessed yet another massive setback on Thursday, with the key index of the Dhaka bourse sinking below 5,700-mark for the first time in nearly three years. The market has already been bearish since the removal of the floor price while macroeconomic uncertainties stemming

Dutch-Bangla Bank records Tk 8.02b profit in 2023

Dutch-Bangla Bank records Tk 8.02b profit in 2023

Dutch-Bangla Bank Ltd (DBBL) made a record profit of Tk 8.02 billion in 2023 – the highest since listing with the stock market in 2001 – riding on higher interest income and earnings from government securities. The listed bank’s profit rose by 42 per cent compared to the previous

Stocks open higher after two-day slump

Stocks open higher after two-day slump

Stocks witnessed a positive trend in early trading on Wednesday, after a two-day slump, as bargain hunters put fresh bets on lucrative shares in anticipation of a potential turnaround. Price hikes of large-cap stocks such as Pubali Bank, Grameenphone, Walton, Best Holdings, Robi, Beacon Pharma, an

Stocks witness volatility in early trading

Stocks witness volatility in early trading

After a major setback in the previous day, stocks witnessed volatility in early trading on Tuesday as investors cautiously trading shares amid prevailing uncertainties. The market opened sharply lower and the prime index of the DSE plummeted 27 points within the first 30 minutes of trading. Howeve

Best Holdings to be listed on DSEX

Best Holdings to be listed on DSEX

The Dhaka Stock Exchange (DSE) incorporated newly-listed Best Holdings, from the travel and leisure sector, into the broad index (DSEX) after it met all the criteria linked to investor trading. The indices committee of the DSE selected this company after reviewing the performance of the firm for t

Stocks plunge on first day after Eid break

Stocks plunge on first day after Eid break

The stock market witnessed a big fall on Monday, the first trading day after Eid break, with the key index sinking below 5,800-mark once again, as investors went for panic sell-offs to avoid further losses. The bourses remained closed for five days, from April 10 to April 14, on the occasion of th

Renata buoyant on DSE after disclosure of drug export to US

Renata buoyant on DSE after disclosure of drug export to US

Renata rose by Tk 10.8 per share on the Dhaka Stock Exchange (DSE) on Monday after the disclosure of its first direct export of medicines to the US market. One of the leading drug makers, it had lost nearly 39 per cent of its market value since the floor price removal on February 6. The company r