Bangladesh Stocks End Flat
Business News Bangladesh » Stocks
by BBN Desk
6d ago
Dhaka, Bangladesh (BBN) – Bangladesh’s stocks ended on a flat note on Monday despite the overall market sentiment remains subdued. The prime index of the Dhaka Stock Exchange (DSE) inched up by 2.17 points, settling at 5,485. The blue-chip index DS30, a group of 30 prominent companies, rose by 7.17 points to 1944.29, while the DSES Index, representing Shariah-based companies, decreased by 0.73 to 1,203.43. Turnover, a crucial indicator of the market, increased by 6.43 per cent to BDT 6.62 billion from the previous day. The majority of the stocks saw a price decline, as out of 397 issues traded ..read more
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Bangladesh Stocks End Lower
Business News Bangladesh » Stocks
by BBN Desk
6d ago
BBN file photo Dhaka, Bangladesh (BBN) – Bangladesh’s stocks ended lower on Sunday, the first working day of the week, as risk-averse investors continued reducing their exposure to capital market investments. DSEX, the prime index of the Dhaka Stock Exchange (DSE), declined by 23.99 points to settle at 5,482.79 on the day. The blue-chip index DS30, a group of 30 prominent companies, saw a 5.24-point decrease to 1937.11, while the DSES Index, which represents Shariah-based companies, witnessed a 4.83-point decrease to 1,202.70 until the end of the session. Turnover, one of the crucial indicat ..read more
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Bangladesh Stocks End Lower
Business News Bangladesh » Stocks
by BBN Desk
1w ago
BBN file photo Dhaka, Bangladesh (BBN) – Bangladesh stocks ended lower on Thursday as risk-averse investors preferred to liquidate their holdings in apprehension of a probable shift in market momentum. The prime index of the Dhaka Stock Exchange (DSE) declined by 61.66 points to settle at 5,506.78 on the day. The blue-chip index DS30, a group of 30 prominent companies, saw a 15.77-point decrease to 1942.36, while the DSES Index, which represents Shariah-based companies, saw an 11.95-point decrease to 1,207.53 till the end. Turnover, a crucial indicator of the market, stood at BDT 6.64 billio ..read more
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Bangladesh’s Stocks See Yet Another Bearish Week
Business News Bangladesh » Stocks
by BBN Desk
1y ago
Retail investors are in despair as DSE witnesses volatility. BBN file photo Dhaka, Bangladesh (BBN) –Bangladesh’s stocks witnessed yet another bearish week to Thursday, the shortened week after Eid vacation, as jittery investors remained in selling mode amid growing macroeconomic worries. This week saw three trading days as the market remained closed for the first two days on the occasion of Eid-ul-Azha and all the three sessions closed in the red. Week on week, DSEX, the key index of Dhaka Stock Exchange (DSE), slipped 42.45 points or 0.67 per cent to settle at 6,324.50. DSEX lost over 52 p ..read more
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Bangladesh’s Stocks End Almost Flat
Business News Bangladesh » Stocks
by BBN Desk
1y ago
BBN file photo Dhaka, Bangladesh (BBN) – Bangladesh’s stocks finished almost flat on Thursday amid persistent bearish sentiment as investors mostly cautious to put fresh funds in stocks ahead of Eid vacation. This was the last trading day before Eid holidays as the market will remain closed from Friday to Monday, including weekly holidays, on the occasion of Eid-ul-Azha. The market moved between positive and negative several times before closing almost flat as the market lacked clear direction. DSEX, the key index of the Dhaka Stock Exchange (DSE), inched up by 0.90 points to settle at 6,368 ..read more
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DSE Up, CSE Down at Opening
Business News Bangladesh » Stocks
by BBN Desk
1y ago
Stocks market Dhaka, Bangladesh (BBN) – Dhaka stocks opened marginally higher on Thursday while the Chittagong Stock Exchange saw a downturn in the early hour of trading. Market operators said most investors remained followed a cautious stance as the energy crisis keeps deepening and power cuts have become frequent across the country over the last few days. The confidence of investors is yet to restore fully due to macroeconomic worries and rising Covid-19 cases in recent days, they said. Following the previous day’s modest fall, DSEX, the prime index of the Dhaka Stock Exchange (DSE), went ..read more
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Bangladesh’s Stocks Back to Losing after Single-Day Break
Business News Bangladesh » Stocks
by BBN Desk
1y ago
BBN file photo Dhaka, Bangladesh (BBN) –The stock market ended slightly lower on Wednesday, after a single-day break, as investors followed a cautious stance amid a global fuel price hike and possible impact on the country’s economy. The market opened on a positive note and the key index rose about 28 points within the first hour of trading. But the rest of the session went down steadily, eventually closing over 6.0 points lower. DSEX, the key index of the Dhaka Stock Exchange (DSE), went down by 6.08 points or 0.09 per cent to settle at 6,366, after gaining over 25 points the previous day ..read more
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Bangladesh’s Stocks Snap Losing Streak despite Lockdown
Business News Bangladesh » Stocks
by BBN Desk
1y ago
Dhaka, Bangladesh (BBN)– Bangladesh’s stocks rebounded in the outgoing week, snapping a four weeks losing streak, as bargain hunters took benefit of the low prices of shares despite ‘strict’ lockdown and reduced trading hours. The week witnessed four trading days as the market remained closed on April 14 due to Pahela Baishakh. Of them, the first session saw sharp fall while last three ended higher. Week-on-week, DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 55.1 points or 1.05 per cent to settle at 5,310, after losing 314 points in the four consecutive weeks. Two other i ..read more
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Bangladesh’s stocks rebound strongly amid renewed optimism
Business News Bangladesh » Stocks
by BBN Desk
1y ago
Dhaka, Bangladesh (BBN)– Bangladesh’s stocks rebounded strongly on Wednesday as investors went on a buying spree on large-cap issues riding on a number of regulatory bold steps to restore discipline in the market. The market opened on a flying note and the key index soared more than 124 points within the first hour of trading. But late hours profit-taking sell-offs eroded some early gains. At the end of the session, DSEX, the prime index of the Dhaka Stock Exchange (DSE), settled at 4,790, gaining 70.57 points or 1.49 per cent, after losing 139 points in the past two sessions. Two other indice ..read more
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Bangladesh’s prime bourse seeks stimulus package to offset Covid-19 fallout
Business News Bangladesh » Stocks
by BBN Desk
1y ago
A view of Dhaka Stock Exchange in Bangladesh. BBN file photo.   Dhaka, Bangladesh (BBN) – Bangladesh’s prime bourse has sought low-cost funds through a financial stimulus package to help offsetting operational expenses of brokerage houses and merchant banks amid the Covid-19 pandemic. A four-member delegation of the Dhaka Stock Exchange (DSE) Limited board of directors, led by its chairman Md. Eunusur Rahman, put forward the request at a meeting at Bangladesh Bank (BB) headquarters in the city on Tuesday, with Governor Fazle Kabir in the chair. The central bank advised the DSE dele ..read more
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