Real trouble brews for real estate, subsectors
The real estate sector and its subsectors are struggling to maintain their growth due to the economic slowdown induced by the coronavirus pandemic, exemplified by a slump in earnings by most of the listed companies connected to construction.
26 July 2020, 18:00 PM
BATBC stands tall when most make steep fall
British American Tobacco’s profit grew a whopping 69 per cent in the second quarter of 2020 on the back of lower operating costs whereas most companies bled because of the coronavirus pandemic.
23 July 2020, 18:00 PM
Govt move to use surplus funds of state-run firms to spook stock investors: analysts
The government’s decision to use the surplus funds of state-run companies, including listed ones, is eroding investor confidence as the move will reduce profits of the companies, according to market analysts.
21 July 2020, 18:00 PM
Eastern Bank’s profits rise on higher loan recovery, low NPL
Eastern Bank’s profits grew at a handsome rate in 2019 thanks to a higher recovery from written-off and classified loans, new client acquisition and deeper penetration both in retail and SME segments despite it being a challenging year for almost every financial institution.
19 July 2020, 18:00 PM
Sunlife Insurance holding on to dear life
While others have been slowly but surely drawing in new clients, one insurer has been showcasing a dismal performance to such an extent that its gross premium in 2018 reached half of what it was five years back.
16 July 2020, 18:00 PM
DSE board spots irregularities in bourse’s HR operations
The board of directors of the Dhaka Stock Exchange (DSE) has reported irregularities in posting and paying employees at the bourse that have ultimately increased costs amid decreased output.
14 July 2020, 18:00 PM
Mixed quarter for the pharma sector
Pharmaceutical companies in Bangladesh witnessed a slump in profits during the third quarter (January-March) of fiscal 2019-20 following reduced sales of prescription medicine amid the ongoing coronavirus pandemic.
13 July 2020, 18:00 PM
There is much to salvage from 2020 still
Companies must innovate, manage expenditure meticulously and ensure the safety of employees to survive in the post-pandemic era, said a top executive of Berger Paints Bangladesh.
11 July 2020, 18:00 PM
Investors can’t snap up enough pharma stocks
Pharmaceuticals turned out to be the most attractive sector in the stock market yesterday thanks to the continuation of the industry’s solid business amid the coronavirus pandemic.
7 July 2020, 18:00 PM
BSEC gets tough on minimum shareholding by directors
The Bangladesh Securities and Exchange Commission (BSEC) is taking strict measures to maintain minimum shareholding among directors of listed companies in a bid to revive the country’s stock index.
6 July 2020, 18:00 PM
CVO Petrochemical left to stew amid raw material supply choke-off
Stock investors of CVO Petrochemical Refinery have been in a flap as the company has announced to close operations for at least three months due to a shortage of condensate, a gas by-product used as a key raw material by refineries.
5 July 2020, 18:00 PM
State-run companies not paying dividend to govt
The government is being deprived of hundreds of crores of taka every year in dividend income from listed state-run companies as no shares are issued against the government’s investment in those companies.
4 July 2020, 18:00 PM
Listed banks bleed in H1. But the market is not too fussed.
Most banks’ operating profits declined 20 to 30 per cent in the first half of 2020 because of the paralysed economy but the fall did not reflect properly in their stock prices owing to the floor price.
2 July 2020, 18:00 PM
When regulatory intervention does more harm than good
A decade ago, a verbal directive from the regulator to stop the practice of forced-sale hit the stock market hard and the impacts are still being felt these days.
30 June 2020, 18:00 PM
Bank Asia ushering in the future of banking this year
Bank Asia is set to form a neobank, a thoroughly novel concept for Bangladesh, within December, in a move that can change the face of banking in the country.
30 June 2020, 18:00 PM
Beximco, Indian Oil team up to grab a slice of fast-growing LPG pie
At a time when most companies are grappling with the economic fallout of the global coronavirus pandemic, local giant Beximco Group, it seems, is doing rather well for itself.
30 June 2020, 18:00 PM
Banks ready to invest Tk 1,650cr in stocks once floor price is lifted
Fourteen banks have together formed a Tk 1,650 crore fund to invest in the stock market but they are now waiting for the lifting of the floor price that the market watchdog set for all stocks earlier.
29 June 2020, 18:00 PM
Sonali Paper is back on DSE mainboard. But its return is not without controversy.
Small capital-based Sonali Paper & Board Mill’s re-listing on the mainboard of the Dhaka Stock Exchange has raised questions as the regulator granted an exemption to it to pave the way for the resumption of its trading.
29 June 2020, 18:00 PM
Bourse braces for its biggest IPO yet
Robi is set to come up with the country’s biggest-ever initial public offering yet within a couple of months, in what can be viewed as finally some good news for the depressed bourse.
28 June 2020, 18:00 PM
Liquidity management to be a big challenge in post-pandemic period
Liquidity management in the banking sector will become a challenging task in the near future due to the coronavirus fallout, said Mominul Islam, managing director of IPDC Finance.
21 June 2020, 18:00 PM