Stock Market

Bangladesh Submarine Cable Company’s earnings per share (EPS) rose 61 per cent year-on-year in nine months that ended in March, 2020 as revenue increased during the period under review.

The government’s move to develop a strong bond market to provide long-term financing through giving some amenities in the proposed budget for 2020-21 fiscal might not bring any positive change due to faulty policy in providing loans from other sectors.

Stocks inched up on Wednesday amid low turnover as investors mostly followed cautious stance due to worsening pandemic situation and floor price limitation.

The trend of investment in the country’s stock market has remained very pessimistic amid the coronavirus pandemic though 14 banks have formed special funds involving around Tk 1,700 crore for investing the funds in the market.

Country’s both the bourses, Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) today closed trading almost flat as investors were mostly inactive amid ongoing COVID-19 pandemic.

Country’s premier bourse, Dhaka Stock Exchange (DSE) today began week posting marginal gain as panicked investors decided to wait and take their stances amid ongoing COVID-19 pandemic.

Stocks ended lower in the post-budget week as investors found nothing special for the capital market development in the proposed budget.

Stock exchanges have reset the lower price limit for the securities to be traded on block board to enhance turnover value without affecting the broad index.

Stocks posted a marginal gain in early trading on Sunday, the first session after the national budget declaration, as investors followed a cautious stance.

Stocks posted a marginal gain in the outgoing week as growing tension over the virus scare and the floor price mechanism kept the market almost dull.