Dhaka June 8, 2025, 6:03 am
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.
The price of shares of Monno Jute Stafflers continued to soar unusually as its share price jumped 5.0 per cent further, exceeding Tk 4,000 per share on Monday.
The company reported that its earnings per share or EPS increased to Tk 8 in the April-June period from Tk 5.87 a year ago, according to an exchange filing.
The finance ministry issued a notification in this regard on Sunday, a joint secretary of the Financial Institutions Division said.
The US Commerce Department removed the ban shortly after ZTE deposited $400 million in a US bank escrow account as part of a settlement reached last month. The settlement also included a $1 billion penalty that ZTE paid to th
The market started on positive note and the key index of the prime bourse rose more than 20 points within first 25 minutes of trading. Rest of the session went down steadily.
Stocks finished almost flat last week that ended Thursday as investors booked some profits with cautious positioning.
Following the last two days’ positive trend, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened on positive note amid rising trading activities.
The approval came at a meeting at Bangladesh Securities and Exchange Commission (BSEC) on Tuesday.
Prices of most of the shares on both bourses jumped at the opening session on Wednesday after the Dhaka Stock Exchange (DSE) scaled Tk 10-billion mark on Tuesday.
The annual general meeting (AGM) will be held on September 4. Venue and time will be notified later. The record date is on July 31.
Following the previous day’s upward movement, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher amid rising trading activities.
Following the previous three days’ fall, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened on positive note amid rising trading activities.
DSE officials said two brokerage houses failed to execute settlement of 123 companies’ shares with Central Depository Bangladesh Limited (CDBL) which were traded on Monday