Dhaka April 25, 2024, 5:42 pm
Some greedy asset managers have grossly violated mutual fund rules and regulations through non-transparent, poor or ill investments in non-listed companies
The firms submitted no returns in last 15 years
Investors have long been passing hard times for lack of good governance in the stock market
After hitting fresh 42-month, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened on positive note amid low trading activities
DSE main index loses 1,533 points since Jan 24 last
DSEX, the prime index of the Dhaka Stock Exchange, went down by 62.25 points or 1.35 percent to close at nearly 40 months low at 4,533 since August 31, 2016
The stock market exposure of banks declined to 14 percent from 20 percent on a solo basis, 25 percent from 32 percent on a consolidated basis
The brokers will invest the fund in shares of the listed companies, which have the record of disbursing at least 10 percent cash dividend
Tenure extension of mutual funds without the opinion of majority unit holders drove the firm to sue the Bangladesh Securities and Exchange Commission
Stocks keep gaining riding on GP
Low operational costs, rising interest rates on deposits help push up earnings
Aramco is the world’s most profitable company with a planned dividend of $75 billion next year, more than five times larger than the payout by Apple, the biggest of any S&P 500 company
Poor turnover continues to hit tax collection hard
Worsening financial performance of the companies pushed the profitability indicators of NBFI market into negative territory
The IFC will use the bond proceeds to finance the Pran Group in boosting their agro-processing capacities and expand their rural distribution reach
Shares declined Monday in Asia as investors watched for the latest developments in the China-U.S. trade war saga.
The outstanding amount of privately offered corporate bonds stood at Tk 372.12 billion in the last seven years.
Backed by the World Bank Group’s private sector lending arm International Finance Corporation, the taka-denominated bond is part of a plan to raise funds to invest in private infrastructure projects and public-private partner
Portfolio investment negative in Oct
DSE daily turnover dips 20pc
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