Stock Market

Appreciating the proposed budget for fiscal 2020-21, Dhaka Stock Exchange (DSE) today said it is a cutting-edge, unprecedented and pro-people fiscal plan for the general investors in the capital market.

Stocks witnessed a downturn at opening on Monday amid low turnover as participation of investors subdued due to growing tension over COVID-19 pandemic and floor price limitation.

Covid-19 barred physical movement of officials, making it difficult to execute trading settlements and placing price sensitive information for the DSE and CSE

Asian stocks extended gains on Friday and were poised for their biggest weekly rise since 2011 while the euro hit a 1-1/2 month high as Europe’s central bank surprised with more stimulus, fuelling hopes for a global rebound.

Trading on both the bourses in the country remained dull as the majority of sale orders placed above the ‘floor prices’ kept the buyers aloof in last few sessions.

Stocks witnessed downward trend in early hour of trading on Monday amid mounting fears over coronavirus outbreak as the country is set to emerge a new global hotspot for the virus.

Two key regulatory institutions overseeing Bangladesh’s financial services industry and the capital market will work together to remove barriers borne out of lack of coordination, new head of securities market watchdog has announced.

Bangladesh’s both the bourses –Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) resumed activities today after 66-day of closure rendered by the deadly COVID-19 pandemic.

LafargeHolcim Bangladesh’s net profit surged 46 per cent year-on-year to Tk 522.8 million in the first quarter for January-March, 2020 despite ongoing Covid-19 pandemic.

The Dhaka Stock Exchange (DSE) has sought regulatory approval to resume trading for two hours a day from May 10 amid the ongoing general holiday.