Crown Cement cuts costs, pushes up sales to return to profit

Dhaka, Jan. 30 -- Crown Cement returned to profit in the second quarter of the FY23 ended in December, having suffered losses in the previous two quarters, as it boosted revenue while cutting down cos... Read More

Reasons may vary but latest monetary policy is likely to boost capital market

Dhaka, Jan. 20 -- The Bangladesh Bank's latest monetary policy removing the deposit floor rate is expected to improve the liquidity condition in the stock market, said EBL Securities. Savers will dir... Read More

Sea Pearl Beach Resort takes off on interest waiver, a matter still unsettled

Dhaka, Jan. 18 -- Sea Pearl Beach Resort and Spa has been flying high on the Dhaka Stock Exchange (DSE) as news has been circling around that it would get a big amount of interest waived by state-owne... Read More

Export boom helps Shinepukur Ceramics stay ahead of peers

Dhaka, Jan. 16 -- Shinepukur Ceramics has sustained its profit growth, focusing on exports at a time when the domestic demand slumped. Its export jumped 64 percent in the FY22, making the tableware m... Read More

Weekly market review: Bargain hunting pushes stocks up

Dhaka, Jan. 14 -- Stocks bounced back in the outgoing week that ended on Thursday, with turnover gaining momentum as bargain hunters, buoyed by regulatory moves, chased sector-specific shares. As the... Read More

2023 to be year of recovery for market, with external factors well managed

Dhaka, Jan. 12 -- The wounds that the stock market suffered last year will heal to some extent this year triggering a process of recovery even if businesses take cautionary approaches, said one of the... Read More

Corrupt practices that put strain on 17pc of stock market

Dhaka, Jan. 10 -- As many as 66 stocks trade below the face value of Tk 10, 12 of them entering the list in the last one year. They account for as much as 17 per cent of the stock market, a large eno... Read More

Index Agro forecasts double-digit growth this year, riding on rising demand

Dhaka, Jan. 9 -- Index Agro Industries foresees a double digit growth this year as well, supported by the increasing demand for eggs, meat and chicken. Its revenue rose 13.12 per cent year-on-year to... Read More

WEEKLY MARKET REVIEW: New Year brings no cheer for investors

Dhaka, Jan. 7 -- The benchmark equity index retreated marginally at the end of the first trading week of 2023 as there is no sign of economic pain ending anytime soon. Buying activity remained subdue... Read More

Low turnover strips away 30pc tax revenue in July-Dec

Dhaka, Jan. 6 -- The government's tax revenue from the Dhaka Stock Exchange (DSE) dropped 30 per cent year-on-year to Tk 1,661 million in the first half of the current fiscal year, owing to a plunge i... Read More