SME board's investment rules: A conundrum

Dhaka, Nov. 25 -- The Small Capital Platform Index -- DSMEX -- plummeted 40 per cent or 898 points to 1,346 over the three months to November 23 after the securities regulator had revised the minimum ... Read More

Energy sector faces bleak prospect of escaping spell of declines

Dhaka, Nov. 21 -- The operations of fuel and power companies depend entirely on imports, and so when taka loses its value against dollar, pricier fuel in the global market gets even pricier, pushing s... Read More

Weekly market review: Stocks lose more ground amid sour sentiment

Dhaka, Nov. 19 -- Stocks witnessed yet another downbeat week, with the benchmark index plunging deeper into the red as investors, reeling from market turbulence, raced to sell off their holdings to av... Read More

Summit Power's profit plummets on fuel price hike, foreign exchange loss

Dhaka, Nov. 16 -- Summit Power, the country's largest private sector power producer, has reported a 21 per cent fall year-on-year in earnings per share in the first quarter of the current fiscal year ... Read More

Overpriced Orion Infusion plunges as disclosure jolts investors to reality

Dhaka, Nov. 15 -- Orion Infusion's stock plunged 12.58 per cent on Monday, becoming the day's worst loser, after soaring 'abnormally' by 12 times in the past five months. The stock skyrocketed from j... Read More

Titas registers quarterly operating loss for the first time since 2008 listing

Dhaka, Nov. 14 -- Titas Gas Transmission & Distribution Company has reported operating losses for the July-September quarter of FY23 for the first time since it was listed with the stock market in 200... Read More

Beximco Pharma's profit drops in Q1 even as revenue up

Dhaka, Nov. 12 -- Beximco Pharmaceuticals witnessed a 4.7 per cent drop in net profit in the first quarter (Q1) of the current financial year on the back of higher raw materials costs and sharp deprec... Read More

Eastern Cables returns to profit after losses in 19 quarters

Dhaka, Nov. 10 -- Eastern Cables, the state-run wire maker, reported to have gained a profit of Tk 8.98 million in the fiscal year 2021-22, even after incurring losses in the first three quarters amou... Read More

Meghna Cement makes a turnaround gaining profit of Tk 55.87m in FY22

Dhaka, Nov. 9 -- Meghna Cement Mills, a concern of Bashundhara Group, gained Tk 55.87 million in profit in the fiscal 2021-22 ended in June, a turnaround from Covid-induced losses the year before. As... Read More

Walton gets severe blow in July-Sept as consumers' purchasing power erodes

Dhaka, Nov. 8 -- Walton Hi-Tech Industries PLC, the most valued local company in terms of market capitalisation, went into the red in the first quarter of the fiscal 2022-23, ended in September, for c... Read More