Bangladesh’s stocks bounced back yesterday enabling investors to recoup some of their losses incurred in the previous two days. The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), soared 63 points, or 0.94 per cent, to 6,739 yesterday. The CASPI, the key index at the Chittagong Stock Exchange …
Read More »Textile issues grab 16.30pc of market turnover on DSE
Broad index of Dhaka Stock Exchange (DSE) on Wednesday rose marginally and broke the losing streak of previous three sessions riding on some large cap companies. On the day, the market saw another decline in turnover value which dropped below Tk 9.0 billion following investors’ lower participation in transactions. Meanwhile, …
Read More »Stocks insipid as investors remain cautious
Stocks ended flat for the second consecutive day yesterday as investors kept maintaining their wait-and-see approach amid higher infections of Covid-19. The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), edged up 3 points, or 0.05 per cent, to 7,089 at the end of the day. On the …
Read More »DSE, CSE post marginal rise at opening
Stocks posted a marginal gain at opening on Sunday as investors showed their buying interest on sector-wise issues cautiously ahead of December-end earnings and dividend declarations. Following the previous week’s gain, DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 2.56 points or 0.03 per cent …
Read More »Turnover drops despite stocks rising
Turnover at the Dhaka Stock Exchange (DSE) fell by about 20 per cent yesterday as investors adopted a wait-and-see approach even though major indices continued to move upward. Many investors think the market will drop again if profit-taking ensues and so, they opted for a wait-and-see approach, according to a …
Read More »Stocks flat as investors remain hesitant
Stocks ended almost flat in the outgoing week, as cautious investors opted to book profit after some companies reported lower-than-expected quarterly earnings. The week featured five trading days as usual — the first two days saw massive drop while the market pared the losses in the last three sessions. Week …
Read More »NBR’s revenue from DSE grows by 20.82pc in January
The government revenue earnings from the Dhaka Stock Exchange grew by 20.82 per cent in January compared with that in December of the ongoing fiscal year. In January, tax revenue was Tk 39.69 crore against December’s Tk 32.85 crore. In January of the ongoing fiscal year, tax revenue from the …
Read More »DSE pays Tk 331m taxes through e-TDS
The Dhaka Stock Exchange (DSE) has started availing the electronic tax deducted at source (e-TDS) system to pay taxes to the public exchequer. It paid Tk 331 million under Tax Zone-13 of the National Board of Revenue (NBR) using the e-TDS system. The DSE paid the tax – for the …
Read More »Profit-booking craters stock prices
Stocks slumped on Monday as the risk-averse investors opted for booking profits on major sector issues amid fear of further price erosion. The market started on a positive note, but the morning optimism failed to sustain because of profit booking selling frenzy. DSEX, the prime index of Dhaka Stock Exchange …
Read More »Stocks plunge on Covid scare
The prime index of the domestic stock market plunged yesterday as investors entered a selling spree in the face of rising coronavirus infection rates. Investors are quite shaky now as the number of Covid-linked deaths is growing, according to a stockbroker. “If the number continues to rise, then the government …
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