The equity benchmark index extended its winning streak for the fourth consecutive week, buoyed by strong buying in heavyweight bank stocks amid easing domestic and geopolitical tensions. Market analysts said improved macroeconomic indicators, including robust foreign exchange reserves, rising ex
Stocks opened higher on Monday as buoyant investors put fresh bets on heavyweight bank stocks amid easing local and geopolitical tensions. The improving macroeconomic factors, supported by healthy foreign exchange reserves, rising exports, and record remittance inflows have boosted investors senti
Appreciation in the market value witnessed by blue chip companies played a pivotal role in the rising turnover and return from the broad index of the premier bourse over the last one month. The market recovery, driven by fundamentally-strong stocks, is a development in the positive direction after
Distrust, not the liquidity crisis, among customers is the main problem badly impacting the banking industry, Chairman of Dhaka Bank PLC Abdul Hai Sarker says. In an exclusive interview with The Financial Express (FE) given ahead of the private commercial bank's 30th founding anniversary, which is
The taskforce of the country's capital market has recommended forming a seven-member oversight body to ensure accountability of the securities regulator and to keep the finance ministry from unnecessarily interfering in regulatory affairs. The oversight body may consist of the heads of the cen
Trading began with an upward trend at both the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) on Thursday, the last working day of the week, as most company shares witnessed price gains. In the first hour of trading, DSE’s key index, DSEX, advanced by 10 points. Among the ot
Trading began with an upward trend at both the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) on Thursday, the last working day of the week, as most company shares witnessed price gains. In the first hour of trading, DSE’s key index, DSEX, advanced by 10 points. Among the ot
Rahima Food Corporation has suspended coconut oil production due to low market demand, without concerns over impacts on revenue as the segment constitutes less than 1 per cent of the company's sales. "We will have an insignificant impact on revenue, as currently very little income comes from cocon
Citizens Bank PLC, the country's newest private commercial bank (PCB), plans to offer a range of loan and deposit products aimed at bringing more unbanked people into the banking network while ensuring full compliance with regulatory requirements, said Chowdhury Mohammed Hanif Shoeb, Chairman of th
The auction of 14-day Treasury Bills (T-bills) resumed on Wednesday after nearly one and a half years, aiming to partially address the government's budget deficit. "The government prefers short-term rather than long-term borrowing from the banking system to manage its funds efficiently," a senior
Seventeen non-life insurance companies will also undergo special audits as the regulator has identified them as high-risk after a similar measure taken for poorly-regulated life insurance companies. The Insurance Development and Regulatory Authority (IDRA) has already appointed auditors to 15 li
Trading at both the Dhaka and Chattogram stock exchanges began with gains in indices on Wednesday, the third working day of the week, as share prices of most listed companies increased. During the first hour of trading, the benchmark index of the Dhaka Stock Exchange (DSE), the DSEX, rose by 26 po
FAS Finance & Investment offers no good news to investors as the non-bank financial institution (NBFI) reported a bigger loss -- Tk 3.19 billion - for 2024, compared to the year before. The poor performance, however, was no surprise as the company's financial results for the nine months through Se
