Dhaka June 8, 2025, 6:02 am
Stocks witnessed downward trend in early trading on Monday as some proposals of the budget made investors upset
UK-listed firms will become the first foreign companies to be able to list in mainland China under a new stock link, the Treasury has said.
The market operators and experts have expressed their mixed reaction to the measures announced for the country's capital market in the budget proposed for the fiscal year (FY) 2019-20.
Stocks extended the gaining streak into the third consecutive week that ended on Thursday as investors collected large-cap shares in the run-up to the budget amid high expectation.
The People's Bank of China (PBOC), China's central bank, on Thursday pumped 100 billion yuan (about 14.51 billion US dollars) into the financial system through open market operations.
Ten most traded firms accounted for more than 24 per cent of transactions on the Dhaka Stock Exchange (DSE) on Wednesday, with the BBS Cables making it to the top of the turnover chart.
Asia Insurance Limited has approved 10.0 per cent cash dividend for the year ended on December 31, 2018.
The securities regulator has approved the draft prospectus of the CWT Emerging Bangladesh First Growth Fund.
The DSE trading code for the company is "SILCOPHL" and the DSE company code is 18495 while the CSE scrip ID is 13035 and the scrip code "SILCOPHL".
Stocks continued its losing streak for the second consecutive week that ended on Thursday, reflecting a lack of investors' confidence in the likelihood of a turnaround.
Ten most-traded companies captured one-fourth transaction of the Dhaka Stock Exchange (DSE) Monday while Fortune Shoes topped the chart for the six straight sessions.
Market analysts said investors mostly adopted cautious stance in the holy month of Ramadan while some others sold their shares after a number of companies reported disappointing quarterly earnings.
Boss Dara Khosrowshahi was among those who rang the opening bell of the New York Stock Exchange to begin trading.
Asian shares were mixed in thin trading on Friday after a discouraging day on Wall Street. News reports highlighting obstacles in the way of a China-US trade deal also weighed on sentiment.
The prices of most of the shares on bourses witnessed upward trend in early trading on Tuesday as some investors are active on sector-wise issues.
Stocks rebounded in the outgoing week, snapping a 13-week losing streak, as the securities regulator took a series of market-supportive measures.
Finance minister, AHM Mustafa Kamal, said he does not see any major problem in the prevailing trend in the capital market.
The Financial Reporting Council (FRC) has asked all listed companies and respective auditors to prepare 'accurate' and 'truthful' financial statements.
Market analysts cited some reasons including presence of a strong placement market, dearth of quality stocks, lack of investors' confidence, shortage of liquidity for the erosion in stock prices.
He said this at a pre-budget meeting held at the NBR headquarters against a backdrop of the confusion arisen after publication of a news story that stated, "NBR would make TIN obligatory to open BO accounts."
