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Both Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) finished higher on Monday as some investors were active in the market ahead of monetary policy statement.The broader DSEX of DSE closed the day with 26.81 points up at 5,160.75. The blue-chip DS30 and the Shariah DSES also followed the …
Read More »5pc source tax for savings tools up to Tk 5 lakh: Kamal
Finance Minister AHM Mustafa Kamal today said that five percent tax at source would be applicable to all types of savings certificates, including family savings certificates, up to Taka 5 lakh investment to facilitate the small savers and pensioners.
Read More »Stocks today witnessed upward trends as major indices of both Dhaka and Chittagong Stock Exchanges rose up on higher activities of some large-cap securities. The broader DSEX of DSE closed the day with 26.81 points up at 5,160.75. The blue-chip DS30 and the Shariah DSES also followed the same trend with 4.75 points up at 1,844.30 and with 10.04 points up at 1,186.53. At DSE, out of the day’s 353 securities, prices of 242 securities closed higher against 93 losing issues. The day’s trade value at DSE increased to Taka 437.77 crore from Sunday’s Taka 406 crore. But, the daily trade fell to 14.46 crore share from 15.47 crore share of the previous session. The major gaining issues were DSHGARME, Monno Ceramics, SEMLFBSLGF, Sonar Bangladesh Insurance and Intech. The major losing issues were VAMLRBBF, Emerald Oil, VAMLBDMF1, NCCBLMF1 and EBL1STMF. Fortune topped the turnover list followed by UPGDCL, BSC, Square Pharma and Monno Ceramics. The Chittagong Stock Exchange (CSE) closed the day of the week with upward trends with its major CASPI 78.18 points up at 15,794.96. At CSE, 276 issues were traded. Of those, 179 closed higher and 75 closed lower.
The country’s economy is expanding with a steady GDP growth rate of 8.1 percent, but it fails to ensure full implementation of the budget as the project works are often delayed resulting in rise in expenditure.
Read More »Stocks witness upward trend on large-cap vibe
Stocks today witnessed upward trends as major indices of both Dhaka and Chittagong Stock Exchanges rose up on higher activities of some large-cap securities.
Read More »Asia markets down as US-China trade talks loom
Asia markets were mostly down Monday, with investors cautious ahead of US-China talks in Shanghai this week and amid more civil unrest in Hong Kong.
Read More »Forced labour to high finance: Hong Kong investor’s unlikely journey
Exiled to the Gobi Desert at the age of 15, Weijian Shan’s days were marked by gnawing hunger and back-breaking forced labour. But his sense of hope was kept alive by an unlikely source — insecticide manuals.
Read More »Cautious hopes before new round of US-China trade talks
US trade negotiators return to China this week for a fresh round of talks in a new city, but experts warn a change of air is unlikely to quickly solve an impasse between the world’s two biggest economies.
Read More »After a year of Trump pressure, US Fed struggles to communicate
For the first time since the Great Recession a decade ago, the US Federal Reserve is poised to cut interest rates, shoring up America’s defenses as the global economy weakens.
Read More »Businesses won’t be harassed: NBR
National Board of Revenue (NBR) Chairman Md Mosharraf Hossain Bhuiyan on Saturday assured the business community that they would not face any harassment by the officials during the implementation of the new Value Added Tax (VAT) Act.
Read More »53 business entities get over 6000 acres land in BSMSN
Bangladesh Economic Zones Authority (BEZA) has already allocated over 6,000 acres of land among the 53 business houses in the Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN) in Chattogram for setting up their factories.
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