Stock Market

Stocks today closed the first session of the week with downward trend due to price fall mainly in large-cap securities.

The Bangladesh Securities and Exchange Commission has asked the Dhaka Stock Exchange Limited and the Central Depository Bangladesh Limited to distribute 5 per cent of their profits to their employees in accordance with the labour law.

Bitcoin, shares of Tesla, and a high-flying exchange traded fund (ETF) fell on Tuesday, retreating from recent rallies in a volatile session that gave investors a gut check.

The securities regulator sees no bar in implementing its directive recently issued to settle investors’ claims for unclaimed or unpaid or unsettled dividends.

M Asheq Rahman’s academic qualification, professional experience and competency do not meet the fit and proper criteria of the Dhaka Stock Exchange (Board and administration) Regulation, 2013

Tokyo stocks opened higher on Tuesday as investors kept a bullish outlook with Japan preparing to start vaccinations against the coronavirus, fuelling hopes for economic normalisation.

The board of directors of British American Tobacco has recommended 300 per cent final cash dividend and 200 per cent stock dividend for the year ended on December 31, 2020.

Major US stock indexes registered all-time closing highs on Monday amid optimism over US fiscal stimulus, and bitcoin jumped after Tesla revealed it had purchased $1.5 billion of the cryptocurrency and would soon accept it as a form of payment.

There are plans to hold similar roadshows in London, Rome, Toronto, New York, Hong Kong, Singapore, Shanghai and Tokyo

Both the stock markets were down further today due to mainly price fall in large-cap securities despite higher transactions.