Singer Bangladesh, a home appliance manufacturer and marketer, yesterday said it is going to invest Tk 680 crore to establish a new manufacturing facility to cater to the growing demand for home appliances. Following the company’s disclosure, its shares closed 1.67 per cent higher at Tk 170 yesterday at the Dhaka Stock Exchange. Singer Bangladesh said ... Read more
dhaka stock exchange
DSE turnover hits 8-month high
The turnover of the Dhaka Stock Exchange on Wednesday hit eight-month high with a straight three trading-session gain amid fresh fund injection by the investors following the reported Bangladesh Bank move to release fund for the stock market within next month. The turnover of the DSE advanced to Tk 752.30 crore
DSE gets four new directors
Four members of the Dhaka Stock Exchange were elected as new directors of the bourse on Monday. Two hundred members, out of the total 240, cast their vote in the elections.
DSE wants clarification of govt position
The Dhaka Stock Exchange on Sunday requested the finance minister to clarify the government’s position on the scope for investing undisclosed money in the capital market. DSE president Rakibur Rahman made the request at a post-budget press briefing at the bourse’s office in the city.
Eight to vie for DSE elections today
The elections to the four posts of directors of the Dhaka Stock Exchange will be held today. Eight DSE members — Sharif Anowar Hossain of Sahidullah Securities, Mohammad Shamim Afzal of Desa Securities, Azizul Hoque of B & B Enterprise,
Foreign investment in DSE hits 4-yr high
The monthly foreign investment in the Dhaka Stock Exchange hit a four-year high in May as the net investment of the overseas investors was Tk 198.36 crore in the month. The foreign investors bought share worth Tk 274.52 crore in May while sold share worth Tk 76.16 crore.
CPD not giving true picture over fund allocation: DSE
The Dhaka Stock Exchange on Tuesday differed with the Centre for Policy Dialogue on the latter’s statement that the government’s move to allocate Tk 900 crore for compensating small-scale investors was due to lack of proper governance. ‘The CPD’s statement is not giving the true
BSEC to count bourses’ accounts till March 31 for revaluation
The Bangladesh Securities and Exchange Commission has asked the Dhaka and Chittagong stock exchanges to complete revaluation of the burses for demutualisation on the basis of the accounts ended on March 31. The BSEC in a meeting on Sunday asked top officials
DSE appoints Dutch firm for revaluation
The Dhaka Stock Exchange has decided to appoint KPMG, a Netherlands-based international audit firm, for revaluation of the bourse before its demutualisation. The DSE took the decision at a board meeting on Wednesday. Khaled Rahim, a senior consultant of KPMG, was also appointed
DSE seeks Tk 5,000cr fund for ailing market
PRE-BUDGET MEETING FY 2013-14 DSE seeks Tk 5,000cr fund for ailing market The Dhaka Stock Exchange, country’s premier bourse, on Sunday demanded that the National Board of Revenue allow tax exemption facility for five years for the organisation after its demutualisation. DSE also urged the government to form a fund of Tk 5,000 crore
12 aspirants get BSEC NOCs
The Bangladesh Securities and Exchange Commission on Thursday issued no objection certificates to 12 Dhaka Stock Exchange members keen to vie for the posts of the four directors of the bourse. Earlier on Sunday, the DSE election commission submitted their
DSE moves to appoint consultant for demutualisation
The Dhaka Stock Exchange on Monday decided to float tender for appointing a consultant for demutualisation of the bourse. The decision of floating the tender for consultant — a merchant bank or any foreign investment bank — was made at a DSE board meeting
Monthly revenue collection from DSE hits fresh 4yr low
The government’s tax collection from the Dhaka Stock Exchange in April declined to Tk 3.22 crore, the lowest since May 2009, due to continuous decline in the turnover of the bourse thanks to the prolonged political crisis across the country. This was 81.73 per cent less than the Tk 17.66 crore the government had received in ... Read more
DSE seeks 50pc cut in income tax for new retail investors
The Dhaka Stock Exchange on Saturday demanded introduction of a new scheme allowing 50 per cent rebate on income tax for new small-scale investors with investment up to Tk 1 lakh in initial public offerings or securities at the secondary market. The scheme will have to a lock-in period for three years and
Dhaka stocks in red for third week
Dhaka stocks ended in the red for the third straight week amid slight increase of turnover as investors remained sceptical about the political uncertainty and poor performance of the listed companies. DSEX, the benchmark general index of Dhaka Stock Exchange,
DSE forms cell to help 15-member committee
Dhaka Stock Exchange in a board meeting on Tuesday formed a seven-member demutualisation cell to support the 15-strong committee it had formed last year to complete the bourse’s demutualisation process, according to a DSE office order issued on Thursday. The DSE made the move after the parliament had passed the
Stocks drop for 2nd week
Dhaka stocks declined for the second week in last week amid fall of turnover as most of the investors became inactive after making some profit in the previous week. DSEX, the benchmark general index of Dhaka Stock Exchange, lost 1.90 per cent or 67.70 points to close at 3,503.56 points.
Stocks end flat for 2nd day with high turnover
Dhaka stocks ended flat for the second day on Thursday, the last trading session of the week, amid increased turnover as the investors’ confidence in the stock market remained shaky due to the instability on the political front. DSEX, the benchmark general index of the Dhaka Stock Exchange,
Lotus Kamal, family move to sell off CMC Kamal stakes
Ruling Awami League lawmaker AHM Mustafa Kamal and his family members have moved to sell off their entire shares in the much-talked-about CMC Kamal Textile Mills Ltd, which is listed with the Dhaka Stock Exchange, to a local group of companies. Mustafa Kamal, who is commonly known as Lotus Kamal,
Dhaka stocks end flat amid low turnover
Dhaka stocks ended flat on Wednesday with a declining turnover amid volatile trading as investors took a cautious approach with an eye on the recent political developments. The benchmark general index of the Dhaka Stock Exchange, DSEX, gained 0.03 per cent, or 1.18 points, to finish at 3,572.68 points on the day.