Shares of Indian tobacco companies fell on Thursday after the government imposed a new tax on cigarettes, making them costlier for an estimated 100 million smokers in the world's most populous country. ITC, maker of Gold Flake and the market leader, dropped 4.4 per cent, while Godfrey Phillips Ind
Bangladesh’s capital market closed the week on Thursday with marginal gains in key indices on both the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE), although overall turnover declined and prices of most listed companies fell. At the end of the session, the DSE’s b
Ten state-owned enterprises (SoEs) and multinational companies (MNCs) have agreed in principle to offload a portion of their shares on the stock market, following board-level approvals or renewed commitment to seeking them. The move is part of the government's broader effort to deepen the capital
The Bangladesh Securities and Exchange Commission (BSEC) and the newly elected executive committee of the Bangladesh Merchant Bankers Association (BMBA) have committed to work together in enhancing the country’s capital market. During a courtesy meeting held on Wednesday at the BSEC building
The managing director of Square Pharmaceuticals, Tapan Chowdhury, is set to buy 2 million shares of the company at the current market price, according to a market filing on Monday. Shares would be purchased from both the main board and block market of the Dhaka Stock Exchange (DSE) within the next
