A majority of listed banks have refrained from making fresh investments in the equity market even if they have not yet exhausted the permissible exposure limit because of pessimism surrounding stocks. The banks, which have already invested substantial amounts of funds, have incurred huge losses du
Shares of Mutual Trust Bank held by one of its sponsors, the late Syed Manzur Elahi, will be equally distributed between his two children, according to a disclosure published on the Dhaka Stock Exchange (DSE) website. Out of his total holding of 34,329,953 shares, a total of 31,266,321 will be tra
Prime Finance & Investment has shown losses more than four times' higher in 2022 to Tk 824 million, compared to the year before. The NBFI has been consistently failing to publish its financial results timely due to a combination of financial distress, regulatory challenges, and internal issues. T
Stocks ended lower on Wednesday as the market remained largely dominated by selling pressure. The benchmark DSEX index of the Dhaka Stock Exchange dropped by 26.3 points, closing at a four-month low of 5,106, compared to 5,132 in the previous session. Dhaka stocks extended their losing streak for
Stocks opened lower on Wednesday as investors reacted negatively to the abrupt gas price hike, amid growing fears that rising gas prices could drive up business costs and fuel inflation. Ignoring concerns from businesses, the government raised the gas price by 33 per cent on average for new consum
