Prime Minister Sheikh Hasina on Sunday stressed the need for making well-thought-out investment in the capital market and not to do anything whimsically based on rumours.“Financial literacy is essential to protect people from whimsical investment in the capital market,” she…
Category: Stocks
Stocks remain bullish
Stock remained bullish on Wednesday despite moderate fall in daily transaction.The broader index at Dhaka Stock Exchange (DSE) gained 11.17 points to end the day at 5027.91 after reaching 25-month high on Tuesday.Like previous session, the DS30 and the DSES…
Muhith rejects plea for fund to help negative equity holders
Dhaka – Finance Minister AMA Muhith on Wednesday turned down an appeal of the stock brokers to provide fund for helping negative equity holders in the stock market. “No fund will be provided to the stock market for negative equity…
Stocks end week on high note
Dhaka Stock Exchange (DSE) and Chittagong stock Exchange (CSE) ended the week on a high on Thursday, continuing the previous session’s gain.The turnover both in terms of value and volume also rose on the concluding day of the week.The Dhaka…
DSE index reaches 13-month high
The benchmark price index of Dhaka Stock Exchange (DSE) reached at 13-month high on Tuesday on higher trade which drove the total volume of the shares nearly ten-month high.DSEX, the major price index of DSE, added 28.81 points at close…
Stocks extend gaining streak to open week
Stocks extended the gaining streak on Sunday to open week in positive mode when all the market indicators closed the session in green. The stock market also finished last three sessions of previous week upward.The DSEX index of Dhaka Stock…
Share falls further on sell pressure
Share prices fell further at the country’s twin stock exchanges due to increasing sell pressure from investors who were either booking profit or repositioning ahead of December closure.Dhaka Stock Exchange (DSE) saw 189 securities closing lower while 84 gaining marginally…
Stocks down further as major sectors dip
Stocks finished on Wednesday down trend further after previous two consecutive days upward trend as major sectors closing the session with falling trend at both the Dhaka and Chittagong Stock exchanges.Among the falling major sectors were pharmaceutical and chemical, engineering…
Asian shares tumble as Trump gains
Hong Kong (AP/UNB): The latest on developments in financial markets (All times local): 10:30 a.m. Share benchmarks are tumbling across Asia after Donald Trump gained the lead in electoral votes, with 123 to Hillary Clinton’s 97 as of 9 p.m.…
BD capital market base, stability established: Finance Minister
Dhaka – Finance Minister AMA Muhith said that stability and base has already been established in the capital market, which is a positive sign to escalate the market forward. The minister said this at a programme- ‘Seminar on Bangladesh capital…
Only AL govt paid attention to capital markets: Muhith
Dhaka: Finance Minister AMA Muhith on Wednesday claimed that the Awami League-led government is the only one to have paid attention to the country’s stock market. “None but the Awami League paid attention to the country’s capital market. But unfortunately…
Stock markets – DSE, CSE end higher on Wednesday
Dhaka – Share prices at the country’s both bourses– Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) — ended high on Wednesday.
Asia markets boosted by energy rally, Samsung tumbles
Dhaka – Energy shares led a rally in Asian stock markets Tuesday after Russia said it would join OPEC in limiting oil output, but Samsung tumbled after it called an unprecedented halt to sales of its troubled Galaxy Note 7…
Stocks continue upsurge
Dhaka – Stock markets on Wednesday continued the upward trend when the large-cap securities of the market advanced further on active buying. All the major sectors, including ceramics, IT, food and allied, engineering and financial institution, maintained price indices in…
DSE trading crosses Tk 600 crore
The daily trade value at Dhaka Stock Exchange (DSE) crossed Taka 600-crore mark on Wednesday on bullish trading when most issues closed higher.The turnover value surged to Taka 614.12 crore at the end of Wednesday’s session, which was the highest…
Bayer confirms Monsanto takeover with $66bn bid
German pharmaceuticals giant Bayer has agreed to buy American GMO company Monsanto for $128 a share. The acquisition values Monsanto’s equity at about $56 billion, but including debt, the deal is worth nearly $66 billion. The deal is the largest…
Asian stocks slump, pound slid on worries about UK economy
South Korea (AP/UNB) – Asian stock markets slumped on Wednesday while the British pound hit a new 31-year low. Investors worried about the effect of Britain’s decision to leave the European Union on the U.K. real estate market following the…
Markets reel as world absorbs shock of UK vote for Brexit
London, (AP/UNB) – Britain has jumped. Now it is wildly searching for the parachute. The U.K.’s unprecedented decision to leave the European Union sent shockwaves through the country and around the world Friday, rocking financial markets, toppling Prime Minister David…
Stocks recover on higher transactions
Dhaka – Stock market ended flat on Tuesday, with showing marginal increase in price indices and market activities, bss news agency reported. The market began the week on Sunday downward and continued sinking till the close of the next trading…
New Year sees turbulent start to financial markets
Geneva (Kanaga Raja) — The uneasy calm that had reigned in the financial markets in late 2015 gave way to a turbulent start this year, witnessing one of the worst stock market sell-offs since the 2008 financial crisis, the Bank…
Asian stocks plummet as oil drops below $28 a barrel
Asian stocks fell sharply Wednesday as oil sank below $28 a barrel to its lowest level in more than 12 years. The Hang Seng in Hong Kong plunged 3.8%, while Japan’s Nikkei lost 3%.
Asian stocks retreat amid oil plunge below $30
Jeremy Herron Dani Burger Stocks tumbled around the world, with U.S. equities sinking to their lowest levels since August, and bonds and gold jumped as oil’s plunge below $30 sent markets reeling. Treasuries extended gains as economic data and earnings…
PM pins hope on more robust relations with India
Dhaka, – Prime Minister Sheikh Hasina on Sunday pinned on robust Indo-Bangla relation in all socio-economic areas saying the two countries need to come forward with liberal mentality and sink narrowness to boost up ties. Bangladesh and India should strengthen…
Grameenphone shares crashed
Shares of the largest telecoms operator, Grameenphone (GP), are in a freefall on gloomy market sentiments over the news of a planned tie-up between its rivals, mobile number portability facility just around the bend, and fresh registration of SIM cards.One…
Ctg Stock Exchange Index revised as per performance
Dhaka – The CSE-30 index has been revised on the basis of performance of the CSE-listed companies. The new index will be effective from September 20.. CSE 30 index is reviewed twice in a year, says a press release on…
Chick Textiles officials convicted in 1996 share scam
A Special Tribunal on Monday imprisoned two top officials of Chick Textiles for their share market scam of 1996. Judge Humayun Kabir of the Special Tribunal sentenced Chick Textiles Managing Director Md Maksud Rasul and its director Iftekar Mohammad to…
Economic destabilisation, rigging of Shanghai Stock Market?
By Prof Michel Chossudovsky he dramatic collapse of the Shanghai stock exchange has been presented to public opinion as the result of a spontaneous ‘market mechanism’, triggered by weaknesses in China’s economy. The Western media consensus in chorus (WSJ, Bloomberg,…
China shares fail to lift on the central bank’s rate cut
Chinese shares continued to lose ground despite the central bank’s latest effort to reassure traders. The mainland’s benchmark Shanghai Composite was down 1.1% to 2,930.23 points after a volatile open earlier. The index had already fallen about 16% this week,…
Dow Jones plunges over 1,000 points as Wall Street hit by record China slump
By VICE News China’s economy continues to tank, and state media dubbed today’s stock market plunge “Black Monday.” This saw China’s main index — the Shanghai Composite — close at 8.5 percent down, after experiencing its worst day since August…
DSE recorded slight gain this week
Broad index at the country’s premier bourse — Dhaka Stock Exchange (DSE) — ended the week with slight gain as the investors are still maintaining cautious behaviour. The daily average turnover at the DSE was Tk 563.93 crore, a fall…