5:13 pm - Wednesday April 19, 6316
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Stocks fall for ‘unfriendly budget’

Stocks fell 2.03 percent in the first two and a half hours of trading at Dhaka Stock Exchange today as investors went for a selling spree following what they said “unfriendly budget” for the capital market. dse-logo_2DSEX, the key index of the DSE, went down 89 points to stand at 4,307 points till 1:00pm. “Budget cannot be said capital market friendly” LankaBangla Securities, a stockbrokerage, commented on its budget analysis for 2014-15. “Few measures were discouraging. Especially capital gain tax introduction on individual level is...

Stocks continue fall ahead of new budget

Dhaka stocks were edging lower Tuesday as investors awaited the new national budget in two days. All the indicators finished in red, reflecting pre-budget uncertainties those were generated among investors from various speculations about the new fiscal policy and allocation relegating to capital market, BSS reports. DSEX, the major index of Dhaka Stock Exchange, came 0.6 percent or 28.66 points down to 4418.79 when the blue-chip DS30 fell by 13.14 points or 0.80 percent to 1625.32 and the Shariah DSES by 3.68 points or 0.36 percent to 1003.32. The daily trade volume, however, increased slightly to 7.98 crore shares when value fell to Taka 392.27, a contrasting scenario from Monday's transaction when volume declined and value increased.

Stocks make strong turnaround on earning declarations  

Dhaka stocks, which ended Monday flat and witnessed fall in the previous few trading sessions, made a strong turnaround on Tuesday on earning declarations. DSEX, the benchmark index of Dhaka Stock Exchange (DSE), rose substantially by 1.25 percent or 56.52 points to reach at 4562.96 after falling down to the psychological support level of 4,500 points. The blue-chip DS30 also followed the general index with 1.30 percent or 21.44 points rise to 1668.98 when the Shariah DSES index eased up by 0.77 percent of 7.74 points to finish the day at 1010.59. dse cse

DSE up, CSE down at opening

DSC-272x1251Share price index at the country’s premier bourse, Dhaka Stock Exchange (DSE) witnessed positive trend while that of Chittagong Stock Exchange (CSE) saw downtrend in early hours of trading on Tuesday, the third trading day of the week.   The DSE benchmark index, DSEX gained 1.51 points or 0.03 percent to reach 4650.26 at 11:15 am. Of the issues traded till then, 137 gained, 55 declined and 38 remained unchanged.   Meanwhile, the...

Showkat nominated CSE Director

Showkat Hossain FCA has been nominated by the government as an Independent Director of the Chittagong Stock Exchange (CSE) recently. Showkat Hossain FCA (Photo) (1)Hossain is also President of the Institute of Chartered Accountants of Bangladesh (ICAB) and a Partner of Hoda Vasi Chowdhury & Co. Chartered Accountants, an independent correspondent firm to Deloitte Touche Tohmatsu. The Chittagong born Chartered Accountant is currently holding the post of Directo...

Newly elected CSE Board visits BSEC

The newly elected Board of Directors of Chittagong Stock Exchange Limited led by CSE Chairman Dr. Muhammad Abdul Mazid made a courtesy visit to BSEC Chairman on Wednesday. IMG_3230BSEC Chairman Professor Dr. M. Khairul Hossain along with four members Professor Md. Helal Uddin Nizami, Md. Amzad Hossain, Arif Khan, Md. Abdul Salam Sikhder and all executive directors of BSEC welcomed the board of directors of CSE. In this visit they have discussed about to open CSE broker house branches, derivatives market...