$

TT-Clean: 77.1 | TK BC-Selling: 78.1
TK OD-Sight: 76.88 TK | TC-Selling: 78.1 TK

TT-Clean: 77.1 | TK BC-Selling: 78.1
TK OD-Sight: 76.88 TK | TC-Selling: 78.1 TK

£

TT-Clean: 77.1 | TK BC-Selling: 78.1
TK OD-Sight: 76.88 TK | TC-Selling: 78.1 TK

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Rate last updated: 02/01/2014 11:15:04 AM

Issue 55, October 15, 2017

Money Market

Parameters Current Period Earlier Period Change
Average Call Money Rate 3.86%
(Oct 11 ’17)
3.88%
(Oct 04 ’17)
0.02%
Call Money Lending (Crore BDT) 8,094.00
(Oct 11 ’17)
8,422.00
(Oct 04 ’17)
3.89%
Prices Weighted Average Deposit Rate 4.93%
(Aug ’17)
4.89%
(Jul ’17)
0.04%
Weighted Average Lending Rate 9.46%
(Aug ’17)
9.51%
(Jul ’17)
0.05%
Spread 4.53%
(Aug ’17)
4.62%
(Jul ’17)
0.09%
YoY Private Sector Credit Growth 17.84%
(Aug ‘17)
16.94%
(Jul ‘17)
1.28%
Classified Loan % Total Outstanding 10.13%
(Jun ’17)
10.53%
(Mar ’17)
0.40%

Major Local Economic Indices

GDP Growth Rate 7.24%
(FY ’17)
7.11%
(FY ’16)
0.13%
Inflation (12 Months Average) 5.45%
(Jul ’17)
5.44%
(Jun ’17)
0.01%
Export 2,034.13
(Sep ’17)
2,255.86
(Sep ’16)
9.83%
Import (C&F) 4,701.20
(Aug ’17)
3,796.60
(Aug ’16)
23.83%
Foreign Remittance 853.73
(Sep ’17)
1,056.64
(Sep ’16)
19.20%
FX Reserve 33,106.38
(Oct 11 ’17)
31,324.63
(Oct 10 ’16)
5.69%

Figures are expressed in Million US$ unless otherwise mentioned

Capital Market

Local DSEX 6,064.41
(Oct 12 ‘17)
6,202.31
(Oct 05 ‘17)
2.22%
CSCX 11,377.84
(Oct 12 ‘17)
11,668.78
(Oct 05 ‘17)
2.49%
CASPI 18,825.92
(Oct 12 ‘17)
19,296.81
(Oct 05 ‘17)
2.44%
Global Nikkei 225 20,699.36
(Oct 13 ’17)
20,699.36
(Oct 06 ’17)
2.25%
Dow Jones Industrial Average 22,881.15
(Oct 13 ’17)
22,768.08
(Oct 06 ’17)
0.5%
FTSE 100 7,552.16
(Oct 13 ’17)
7,522.38
(Oct 06 ’17)
0.40%

Major Global Economic Indices

Type Country Inflation2 GDP Growth Rate1 Unemployment Rate
G8 United States 2.20% 4 2.20% 4.20% 4
Great Britain 2.90% 1.50% 4.30% 2
Euro Zone 1.50% 4 2.30% 9.10% 2
Major
Trade
Partners
China 1.80% 6.90% 3.95%1
India 3.28% 4 5.70% 4.47%4
Germany 1.80% 4 2.10% 3.60% 3
Singapore 0.40% 3 4.60% 4 2.20% 1

1-Jun’17; 2-Jul’17; 3-Aug’17;4-Sep’17

Commodity Market

Crude Oil (Brent) [USD/bbl] 56.86 55.62 2.23%
Gold Spot (USD/t oz.) 1,301.76 1,276.68 1.96%
Wheat (CBOT) [USD/bu] 436.00 443.50 1.69%
Soyabean Oil (CBOT) [USD/lb] 33.67 32.95 2.19%

* Current Period refers to October 6, 2017 & Earlier Period Refers to September 29, 2017

Exchange Rates

EUR-USD Latest EUR to USD exchange rate was 1.1825. Previous week’s rate was 1.1730, change +0.81%
GBP-USD Latest GBP to USD exchange rate 1.3298. Previous week’s rate was 1.3066,change +1.78%.
USD-JPY Current USD-JPY exchange rate is 111.8700. Previous week’s closing price was 112.6500, change -0.69%.
USD-AUD Current AUD to USD exchange rate 0.7883. Previous week’s rate was 0.7767, change +1.49%

Banks News in Capital Market

  • MERCANBANK: A meeting of the Board of Directors will be held on October 16, 2017 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on September 30, 2017.
  • BRACBANK: The Company has announced that they have been informed by its subsidiary bKash that they have (bKash) entered into a non-binding ‘Summary of Terms’ under which a strategic investor may acquire a minority shareholding in bKash. The proposed acquisition however remains subject to satisfactory due diligence, negotiation, completion of a definitive share acquisition agreement and compliance with all applicable Regulatory Requirements
  • MTB: Mr. A F M Mahfuz-Ul-Hassan, one of the Sponsors of the Company, has expressed his intention to sell 50,000 shares out of his total holding of 86,741 shares of the Company at prevailing market price (in the Public Market) through Stock Exchange within October 31, 2017
  • SIBL: Mr. Md. Shah Alam and Mrs. Zohra Alam, both are Sponsors of the Company, have further reported that they have completed their sale of 1,72,000 shares and 82,800 shares respectively at prevailing market price through Stock Exchange as announced earlier

Week in History

  • October 8, 1974 – Franklin National Bank collapses due to fraud and mismanagement; at the time it is the largest bank failure in the history of the United States
  • October 9, 2012 – Members of the Pakistani Taliban make a failed attempt to assassinate an outspoken schoolgirl, Malala Yousafzai.
  • October 10, 2010 – The Netherlands Antilles are dissolved as a country
  • October 11, 1986 – U.S. President Ronald Reagan and Soviet leader Mikhail Gorbachev meet in Reykjavík, Iceland, in an effort to continue discussions about scaling back their intermediate missile arsenals in Europe
  • October 12, 1999 – The former Autonomous Soviet Republic of Abkhazia declares its independence from Georgia
  • October 13, 1990 – End of the Lebanese Civil War
  • October 14, 1994 – The Palestinian leader, Yasser Arafat, The Prime Minister of Israel, Yitzhak Rabin, and the Foreign Minister of Israel, Shimon Peres, receive the Nobel Peace Prize the Oslo Accords and the framing of the future Palestinian Self Government.

Disclaimer: This Document has been prepared and issued by R&D, DBL on the basis of the public information available in the market, sources of data believed to be reliable. All reasonable care has been taken to ensure that the facts & information stated in the Document are accurate as on the date mentioned herein.