The port city bourse experienced an 11.19 per cent year-on-year decline in profit to Tk 345.33 million in FY23, as revenue earnings dwindled due to low market turnover. The finance income of the Chittagong Stock Exchange (CSE) rose significantly during the reporting period, from the year before. B
Asian shares turned mixed on Monday while gold spiked to all-time peaks above $2,100 at the start of a busy week for economic data that will test market wagers for early and aggressive rate cuts from major central banks next year. In particular, the US November payrolls report on Friday needs to b
Stocks open positive on Thursday as bargain hunters put fresh bets on rumour-based low-cap stocks in anticipation of short-term gains. A section of investors chased for low-performing stocks again such as Aftab Automobiles, Samata Leather, GQ Ball Pen and Shyampur Sugar Mills which topped the gain
Capital Market Stabilisation Fund (CMSF) has backtracked on its decision to disburse loans to market intermediaries in the absence of any legal framework but contemplates giving loans through a scheduled bank. In March, it made the decision to provide cheap loans to boost liquidity in the capital
United Power Generation & Distribution Company saw its profit plunge 38 per cent year-on-year to Tk 1.84 billion in the first quarter through September, mainly due to a significant loss in foreign currency transactions. The leading power generation company's revenue also dropped around 15 per cent
