$

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

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Daily Business News Flash October 26, 2021

Stocks slump amid panic sales

The key index of the country’s premier bourse yesterday dropped to its lowest point since August 31 due to panic sales among investors influenced by rumours and recent market trends. The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), fell by 482 points, or 6.54 per cent, over the past 11 trading days. The DSEX shed 120 points, or 1.71 per cent, to hit 6,885 yesterday, making it the highest single-day slump since April 11, when the index lost 1.71 per cent correspondingly. Turnover, an important indicator of the market, fell to Tk 1,470 crore yesterday, down from Tk 1,471 a day earlier. In the last 11 trading days, the Dhaka bourse lost Tk 27,152 crore of its capitalisation. The DSEX lost 50 points mainly due to the fall of British American Tobacco Bangladesh (BATBC), Beximco Limited, Summit Power, and Beximco Pharmaceuticals, according to amarstock.com. Shepherd Industries topped the gainers’ list, rising 9.67 per cent, followed by CVO Petrochemicals, Fu-Wang Ceramics, Sonali Paper, and Fortune Shoes. The Chittagong Stock Exchange (CSE) also fell yesterday as the CASPI, the prime index of the port city bourse nosedived by 400 points, or 1.94 per cent, to 20,169.

Source: https://www.thedailystar.net/business/economy/stock/news/stocks-slump-amid-panic-sales-2206546

 German bank to provide 120m euros

ERD Secretary Fatima Yasmin and Carolin Gassner, Director South Asia, KfW Development Bank and Anirban Kundu, Director, KfW Bangladesh signed the loan agreement. The loan will be repaid in 25 years with a grace period of 5 years. The signing ceremony was attended by senior officials from the ERD and the KfW Development Bank. Germany has been providing financial and technical assistance for the socio-economic development of Bangladesh since 1972. The present agreements are a continuation of development cooperation between the two countries.

Source: https://today.thefinancialexpress.com.bd/trade-market/german-bank-to-provide-120m-euros-1635183789

 First Security Islami Bank celebrates 22nd anniversary

First Security Islami Bank Limited celebrated its 22nd anniversary on Monday at a simple ceremony organised at its head office. The bank is providing shariah based modern banking services to clients since its inception. The bank has 193 branches, 122 sub branches, 65 agent banking outlets, 192 own ATM network throughout the country and also providing online banking, internet banking, SMS banking, mobile banking, school banking services.

Source: https://today.thefinancialexpress.com.bd/stock-corporate/first-security-islami-bank-celebrates-22nd-anniversary-1635182526

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
DJIA$ 35,741.15
↑ 64.13 ↑ 0.18 %
FTSE100$ 7,222.82 ↑ 18.27 ↑ 0.25 %
Nikkei 225$ 29,127.39 ↑ 526.98 ↑ 1.84 %

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$ 83.87↑ 0.11↑ 0.13 %
Crude Oil (Brent)$ 86.23↑ 0.24↑ 0.28 %
Gold Spot$ 1,803.01↓ 4.72↓ 0.26 %

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
USD 1BDT 85.6500
GBP 1BDT 117.8116
EUR 1BDT 99.7908

*CURRENCIES AND COMMODITIES ARE TAKEN FROM BLOOMBERG.<

AN IMPORTANT MESSAGE FROM

EMRANUL HUQ

MANAGING DIRECTOR & CEO OF DHAKA BANK LIMITED

Dear Valued Patrons,

At the very onset, let me express my heartiest gratitude for allowing us to serve you and I also wanted to reach out to you directly with an assurance that Dhaka Bank is fully equipped to support you during this difficult time.

Last couple of weeks ago we all were living in a peaceful condition, performing our daily tasks freely and perfectly. Entire economy and business environment was also in a good shape, until COVID-19 put a forceful stoppage to the overall life style and economy of the world. We all know that social distancing and cleanliness are the keys to prevent this pandemic. Hence, we urge your conscious effort to limiting public interaction and suspending wherever possible.

YOUR SAFETY MEANS EVERYTHING TO US
In this current situation, Dhaka Bank and its employees are beside you where we are fully online, either working from home or at our offices under a robust Business Continuity Plan (BCP) to serve you with limited branch banking and a full-fledged alternate delivery channel services.

WE WILL TAKE CARE OF YOUR BANKING NEEDS
Our state of the art Mobile App, Dhaka Bank GO (Click https://bit.ly/2WVfieu) and Internet Banking - Dhaka Bank Direct gives you the freedom of banking online anytime from anywhere. You can check the balance and transfer money to any designated Banks including any Dhaka Bank or bKash Account, make utility bill payments and mobile top-up through our Mobile App and Internet Banking Services. Our ATMs are also running efficiently with availability of sufficient cash for your convenience where you can make cash withdrawals whenever the need arises. Mentionable, the withdrawal of cash from any ATMs within Bangladesh with Dhaka Bank Debit Cards are absolutely free of charges up till April 30, 2020 (Dhaka Bank will bear the cost). Our corporate customers can also use our completely safe and secured online platform Dhaka Bank C-Solution for Payments, Inter Bank Fund Transfers, etc.

Moreover, to fulfill your urgent requirement, we have a limited no. of branches up and running by ensuring all kinds of precautionary and safety measures for you.

GET IN TOUCH IF YOU ARE IN EXTREME EMERGENCY
In case of extreme emergency and facing difficulties in conducting banking transactions, please let us know through our 24/7 Contact Center number 16474 (or, dial +8809678016474 for ISD/Overseas Calls). We are always with you to combat your difficulties.

WE WILL FREQUENTLY UPDATE YOU
As you know we are going through a critical phase and the situation is novel to all of us. We are getting lot of new information from various sources everyday about COVID-19 which will be shared at www.dhakabankltd.com.

Thank you for your trust and continued support to us. I firmly believe that jointly we will be able to combat this situation and win against all the odds.

Please stay home, stay safe and take care of yourself and family.

Best regards,

Emranul Huq
Managing Director & CEO
Dhaka Bank Limited

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