Analysts said overseas investment in the DSE turned negative further as foreign fund managers reluctant to put fresh stakes amid fears over political uncertainty ahead of the national election by the year-end.
The Bangladesh Securities and Exchange Commission (BSEC) approved the CSE’s proposal to inspect the companies on Tuesday.
Bangladesh Shipping Corporation (BSC) has received the first of the six new vessels from China and added to the fleet of the state-owned operator.
The slump caused the banking sector to concede its pole position to telecom. As of yesterday, telecom's market capitalisation stands at Tk 54,090 crore and the banking sector's Tk 53,050 crore.
Stocks witnessed mixed trend in early hour of trading Sunday as investors remained active both sides of trading fence amid ongoing earnings declaration.
The board of directors of Pragati Life Insurance Limited has recommended 15 per cent cash and 10 per cent stock dividend for the year ended on 31 December 2017.
Five banks and British American Tobacco Bangladesh Company Limited (BATBC) have reported increased earnings per share (EPS) for April-June quarter of this year compared to same period of the previous year.
The company will raise a capital worth Tk 300 million by offloading 30 million ordinary shares at an offer price of Tk 10 each under the fixed price method.
The ratio, 17.52 per cent, in 2008-09 was more than the present level -- 16.94 per cent. It reached a record level in FY 2009-10 before collapsing.
The shariah based index DSES declined by 0.16 per cent or 2.03 points to close at 1266.66 points.
The securities regulator has asked Zaheen Spinning, a listed company, to submit revised proposal of issuing rights shares.
The IPO subscription of another pharma company -Silva Pharmaceuticals Limited-will start on July 29 and end on August 05.
Brokers said some investors preferred to take diligent approach while some others continued selling shares, especially banks and financial institutions.
The Chittagong Stock Exchange (CSE) has suspended the share trading of Rahima Food Corporation Limited as its operation remained closed for more than three years.
The market opened on positive note and key index of the premier bourse rose about 26 points in the mid-session. However, late hours selling pressure wiped out most of the gains.
The board of directors has declared the interim cash dividend based on three months financials for the period ended on June 30, 2018.
“This is a very bad sign for the capital market,” said Monzur Morshed Khan, managing director of Trust Bank Investment, a merchant bank.
The approval of the dividend came during the 18th Annual General Meeting (AGM) of the company held recently at IDEB Bhaban in the capital, according to a press statement.
The Bangladesh Securities and Exchange Commission (BSEC) at its meeting on Tuesday approved the ICB's proposal in this regard.
Following the previous flat trading, the DSE and the CSE opened on positive note amid rising trading activities. But, the positive momentum failed to continue as the session progressed.