Stock Market

The key index of the Dhaka Stock Exchange (DSE) nosedived more than 2.53 per cent yesterday due to pressure stemming from panic sales by general investors.

Earnings per share (EPS) of most listed power generation companies in private sector under ‘fuel & power’ sector showed better performance in first half (H1) of the current financial year despite the coronavirus pandemic.

This process would help in deducing the accuracy of the information provided by companies applying for IPOs

The Bangladesh Securities and Exchange Commission has moved to allow companies intending to raise capital through initial public offering to keep 15 per cent of IPO shares and sell them to anybody the firms wish before the IPO approval.

In 2020, the operator logged in a profit of Tk 3,718.7 crore, up 7.7 per cent year-on-year

Profit and sales up in Oct-Dec

Stocks witnessed a big jolt on Tuesday, with the key index of the Dhaka Stock Exchange (DSE) tumbling below 5,700-mark, as investors went on sell-offs on large-cap stocks.

The securities regulator has asked both the bourses to submit a detailed plan within 15 days regarding the issuance of new TREC (Trading Right Entitlement Certificate).

Stocks ended marginally lower on Sunday, snapping a three-day positive session, as investors mostly followed cautious stance amid persistent profit-booking tendency.

Asian markets mostly rose Monday, rebounding from a sell-off at the end of last week as investors keep tabs on the progress of Joe Biden’s new US economic rescue package.