A new managing director has been appointed at Dhaka Stock Exchange on Sunday. 

The stock market dropped yesterday owing to a profit booking tendency, with investors prompted to go for sales by a Bangladesh Bank directive on banks to curb channelling of stimulus funds to unproductive sectors, including the share market.

All three major US stock indexes closed at record highs on Friday after a rocky week in which investors fretted over the Delta coronavirus variant and cheered an economic recovery, while US Treasury yields rose before a Federal Reserve meeting next week.

Stocks closed higher yesterday following a five-day break for Eid-ul-Azha as trading resumed amid the government-imposed coronavirus containment measures.

Asian shares slipped again on Monday while perceived safe haven assets, including the yen and gold, edged higher as investor risk appetite was soured by fears of rising inflation and a relentless surge in coronavirus cases.

Dhaka stocks rose for a fourth consecutive day yesterday with the benchmark DSEX crossing the 6,400-point mark for the first time, bringing cheer to investors just before a five-day Eid holiday beginning today.

Dhaka Stocks continued its rally for the fourth day, with the benchmark index hitting a new level until midday.

The benchmark index of Dhaka Stock Exchange (DSE) rose to its record high yesterday despite technical glitches halting trade at the premier bourse for around one and a half hours.

Shanta Asset Management has recently declared 20.5 per cent (Tk 2.05 per unit) dividend for fiscal 2020-21 for Shanta First Income Unit Fund. 

The dollar hit three-month highs against the euro and world stocks slipped on Wednesday after a jump in US inflation fuelled expectations of a quicker end to Federal Reserve stimulus, while a drop in China’s crude imports dampened oil.

The Bangladesh Securities and Exchange Commission (BSEC) has launched an investigation to understand the circumstances behind abnormally high prices being placed in buy orders for newly listed Sonali Life Insurance.

Sales and profits of LafargeHolcim Bangladesh jumped in the second quarter of 2021 (April to June) thanks to a newly launched business of aggregate and the inclusion of new products in its portfolio.

The Bangladesh Securities and Exchange Commission (BSEC) yesterday gave the go-ahead to Oryza Agro Industries and Master Feed Agrotec to raise funds of Tk 10 crore each from the stock market through its SME board.

The blue-chip index of the Dhaka Stock Exchange is lagging behind the broader index as most investors prefer to bet on low-priced securities and are driven by rumours instead of making investment decisions by examining the fundamentals of companies.

The prime index of the stock market jumped to a three-and-a-half-year high yesterday thanks to increased participation from investors.

An upsurge in new infections caused by the Delta coronavirus variant capped equity and commodity price gains on Monday, with Wall Street tipped to open lower and bond yields holding just above multi-week lows.  

The prime index of Dhaka Stock Exchange (DSE) dropped yesterday despite a rise in prices of blue-chip stocks amid increased purchase by institutional investors.

Junk shares are being traded like hot cakes on the stock exchanges of Bangladesh as rumours are mostly sending such securities to lofty heights rather than performances.

The stock market fell today just after rising for a day.

Chinese medical data group LinkDoc Technology Ltd has shelved plans for an IPO in the United States due to Beijing’s clampdown on overseas listings by domestic firms, according to three sources with direct knowledge of the matter.