Dhaka, Bangladesh (BBN)- Bangladesh Export Import Company Ltd (Beximco) dominated the week’s top turnover chart last week on the Dhaka Stock Exchange (DSE) that ended on Thursday. A total of 58.49 million share worth BDT 2.48 billion changing hands during the week. All five trading sessions in the last week, Beximco dominated top turnover chart. Daily average turnover for the company was BDT 497 million. The week’s closing price of Beximco share was BDT 43.1, registering an increase of...
Dhaka, Bangladesh (BBN)- Bangladesh Bank (BB) Governor Dr Atiur Rahman has asked the BASIC Bank board...
New York (BBN)-US clothing store Gap is bringing its brand to India with the aim of opening 40...
Hong Kong (BBN)- Fitch Ratings has assigned Bangladesh Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) of 'BB-'. The Outlooks on the Long-Term IDRs are Stable. Fitch has also assigned a Short-Term Foreign Currency IDR of 'B' and a Country Ceiling of 'BB-'.Bangladesh's ratings reflect a balance between high, stable real gross domestic product (GDP) growth and strong external balances, and weak structural features indicating significant political and banking sector risk, the...
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Dhaka, Bangladesh (BBN)-Bangladesh’s stocks closed slightly higher on Monday after two sessions fall as investors took position on some selected stocks amid cautious stance.DSEX, the prime index of the Dhaka Stock Exchange (DSE), ended at 4,554.97 points, gaining 5.45 points or 0.11 percent amid choppy trading.The DS30, comprising blue chips gained 8.85 points or 0.51 percent to close at 1,722.68 points.The DSE Shariah Index went up by 7.54 points or 0.71 percent to close at 1,064.91 points.DSE...
China (BBN)-European and Asian stocks rose as investors weighed whether policy makers will add stimulus amid manufacturing data from China to Germany.
The dollar held gains versus the euro while oil and copper fell.
The Stoxx Europe 600 Index added 0.2 percent by 8:01 a.m. in London as the MSCI Asia Pacific Index (MXAP) advanced 0.2 percent.
China’s benchmark stock index increased to a one-week high. Standard & Poor’s 500 Index futures were little changed after the gauge reached a...
Dhaka, Bangladesh (BBN) - The Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) witnessed positive trend in early hours of trading on Monday, the second trading day of the week.DSEX, the prime index of the DSE went up by 15.96 points or 0.35 percent to stand at 4,565.48 points after first 30 minutes of trade when the report was filed at 11am.The DS30 index, comprising blue chips advanced 8.44 points or 0.49 percent to reach at 1,722.26 points. The DSE Shariah Index (DSES) gained 5.29...
Dhaka, Bangladesh (BBN)- LankaBangla Securities Ltd (LBSL) launched Order Management System (OMS) with Chittagong Stock Exchange (CSE) through API to provide direct market access (DMA) facility to the dealers as well as investors. “This is the first time in Bangladesh to provide DMA through broker house instead of exchange provided application,” said a statement. It offers multi-channel e-trading to its customers (web, mobile, and client server) and advantages of multi asset class (Equity,...
Dhaka, Bangladesh (BBN)- The Bangladesh Bank (BB) withdrew BDT 26.77 billion from the market through reverse REPO on Sunday, officials said.
Seven bids of 1-day tenor amounting total of BDT 26.77 billion were received and all the bids were accepted. The rate of interest of reverse REPO was 5.25 percent.
On the other hand, the central bank injected fund worth BDT 2.96 billion in the market through providing assured liquidity support to the banks on the same day.
Ten primary dealers (PDs) and...
Dhaka, Bangladesh (BBN)- Share trading of Tung Hai Knitting and Dyeing will begin at the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) on Monday under ‘N’ category, officials said.
Tung Hai Knitting and Dyeing is the 36th listed firm under the ‘textile’ sector in the Dhaka bourse while is the 31st listed company in the CSE under the ‘textile & clothing’ sector.
The DSE trading code for the company is “TUNGHAI” and DSE company code is 17463 while CSE scrip Id is 12051 and...
Dhaka, Bangladesh (BBN)- The government borrowed BDT 15.50 billion through issuing of its treasury bills (T-bills) on Sunday, officials said.
Total 42 bids of BDT 18.7092 billion for 91-Day T-bills and 98 bids of BDT 36.5738 billion for 182-Day T-bills were offered.
Of those, 19 bids of BDT 8.00 billion for 91-Day T-bills and 38 bids of BDT 7.50 billion for 182-Day T-bills were accepted.
The range of the implicit yield of the accepted bid was 6.50-6.70 percent and 7.00-7.29 percent...
Dhaka, Bangladesh (BBN)- Bangladesh’s stocks closed lower for the second straight sessions on Sunday with turnover dipped below BDT 5.0 billion-mark as investors followed cautious stance.DSEX, the prime index of the Dhaka Stock Exchange (DSE) ended at 4,549.52 points, shedding 28.47 points or 0.62 percent.The DS30, comprising blue chips lost 12.64 points or 0.82 percent to close at 1,713.82 points. The DSE Shariah Index declined 8.75 points or 0.73 percent to close at 1,057.37 points. DSE...
Dhaka, Bangladesh (BBN)- The Bangladesh Bank (BB) withdrew BDT 31.98 billion from the market through reverse REPO auction on Thursday, officials said.
Eight bids of 3-day tenor amounting total of BDT 31.98 billion were received and all the bids were accepted. The rate of interest of reverse REPO was 5.25 percent.
BBN/SSR/AD-30Aug14-12:37 am (BST)
Dhaka, Bangladesh (BBN)- The 29th Governors' Symposium of the South East Asia, New Zealand, Australia (SEANZA), a forum of the central banks of 20 countries, will be held at the Radisson Blu Water Garden in the capital Dhaka on Saturday.
Bangladesh Bank Governor Dr Atiur Rahman will inaugurate the day-long symposium at 9am, a central bank statement said.
Dr Atiur Rahman will readout the key note styled "Macroeconomic Environment and Financial Sector Stability: Vulnerability and Managing Crisis"....
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Sept 01, 2014