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

Click to Close

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

Daily Business News Flash April 25, 2023

Stocks continue rising trend after eid holidays

Stocks in Bangladesh rose on the first day after eid holidays today and maintained its upward trend for the seventh consecutive sessions. The DSEX, the benchmark index of the premier bourse in Bangladesh, up 23 points, or 0.37 per cent, to close the day at 6,252.The DS30, the blue-chip index, increased 0.46 per cent to 2,213 and the DSES, the shariah-compliant index, increased 0.46 per cent to 1,354. Of the traded securities, 87 advanced, 38 declined and 202 did not show any price movement.Heidelberg Cement increased mostly by increasing 9.99 per cent followed by Stylecraft that 9.94 per cent, Khan Brothers PP Woven Bag 9.84 per cent and National Feed Mills 9.34 per cent.The stocks on the Chattogram Stock Exchange also rose today. The Caspi, the all-share price index of the bourse in the port city, up 62 points to close at 18,416. Of the issues, 55 rose, 19 retreated and 60 did not see any price movement. Turnover at the Chattogram bourse fell 48 per cent from the last trading session to hit Tk 4 crore.

Source: https://www.thedailystar.net/business/news/stocks-continue-rising-trend-after-eid-holidays-3303381

Agriculture exports fall short of target

In the last nine months, only $687 million worth of agricultural products were exported, which is 28% less than the corresponding period last year, and also one-third of the $1 billion target, according to the Export Promotion Bureau (EPB) statistics.Agro-product exporters said a big portion of the export basket was aromatic rice. To control volatility in the local rice market, the commerce ministry banned the export of aromatic rice in July last on the Ministry of Food’s recommendation.According to the EPB, the export value of agro-products – including aromatic rice, vegetables, spices, dry food, and tobacco – in the first nine months (July-March) of the last financial year was $958 million. The export of these goods fell to $687 million in the same period of the current fiscal, shrinking by 28.31%.Apart from this, around 30% of the agro-product exported was rice which has witnessed a 45.58% decline up until now this year. Export value under this category has fallen to $304 million, although it was $559.49 million during the same period of the last financial year.

Source: https://www.tbsnews.net/economy/agriculture-exports-fall-short-target-620906

Apparel exports to Japan cross billion-dollar mark

Bangladesh’s ready-made garment (RMG) exports to Japan sustained a robust growth of over 43 per cent to cross the billion-dollar mark during the first nine months of the current fiscal year (FY). Shipments to the destination country witnessed a decline for two consecutive fiscal years beginning 2019-20 and bounced back in the last fiscal. Bangladesh exported apparel items worth $1.22 billion to Japan marking a 43.79per cent growth during July-March period in the ongoing FY23, according to data of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA). The earnings were US$849.64 million during the corresponding period of last fiscal. Bangladesh fetched $944.82 million in FY 2020-21. RMG exports to Japan first crossed the billion-dollar mark with $1.091-billion earnings in FY19. Apparel exports, including knit and woven items, to Japan were $478.48 million in FY 2012-13 which was only $74.33 million in FY 2008-09.

Source: https://today.thefinancialexpress.com.bd/first-page/apparel-exports-to-japan-cross-billion-dollar-mark-1682354981

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
↑66.44↑ 0.20%
FTSE100$7,912.20↓1.93↓ 0.02 %
Nikkei 225$28,671.74↑78.22↑0.27%

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$78.82↑ 0.06↑ 0.08%
Crude Oil (Brent)$82.76↑ 0.03↑ 0.04%
Gold Spot$1,994.07↑4.93↑0.25%

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
USD 1BDT 106.6500
BDT 106.6500

*World Commodities & Local and Global Stock Indices data are taken from bloomberg.com<

* Exchange Rates are taken from BB website, as on latest update.<




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.

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.

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.

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.

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