Textile issues grab 16.30pc of market turnover on DSE

Broad index of Dhaka Stock Exchange (DSE) on Wednesday rose marginally and broke the losing streak of previous three sessions riding on some large cap companies.On the day, the market saw another decline in turnover value which dropped below Tk 9.0 billion following investors’ lower participation in transactions.Meanwhile, textile sector grabbed 16.30 per cent of the total market turnover followed by miscellaneous 14.20 per cent, engineering 13.6 per cent, and pharmaceuticals & chemicals 10.80 per cent.The premier bourse opened the day’s session positively but the DSE broad index DSEX lost some points at the very beginning.Soon later, the DSEX displayed a slow upward trend which continued till midsession. After the midsession, the broad index saw no major correction and closed the session marginally higher.At the end of the session, the core index settled at 6948.67 with a rise of 0.44 per cent or 30.76 points.The shariah based index DSES advanced 0.22 per cent or 3.32 points to close at 1498.55 points.The DS30 index comprising blue chip securities closed at 2550.50 points with a rise of 0.55 per cent or 14.13 points.

Source: https://today.thefinancialexpress.com.bd/stock-corporate/textile-issues-grab-1630pc-of-market-turnover-on-dse-1645633658

 BB, BRAC Bank launch ‘Entrepreneurship Development Programme’

The BRAC Bank Ltd launched a special training programme for potential entrepreneurs in cottage, micro, small and medium enterprises (CMSMEs) sector to fortify their managerial skills and scaling up respective businesses.The skill development programme will be facilitated by the private commercial bank under the supervision and technical assistance from Bangladesh Bank.The special grooming initiative titled “Entrepreneurship Development Programme” was formally launched at a ceremony held at Hotel InterContinental in the city Wednesday.

Source: https://today.thefinancialexpress.com.bd/stock-corporate/bb-brac-bank-launch-entrepreneurship-development-programme-1645633815

 Southeast Bank launches 3 Agent Banking outlets

Southeast Bank Limited formally launched 3 Agent Banking outlets at Kalihati, Tangail; Shalikha, Magura and South Keranigonj, Dhaka. Its main objective is to uphold the trend of financial inclusion and spread banking services at every corner of the country.All kinds of modern and technology backed Conventional and ‘Tijarah’-Islamic Banking Services will be provided from Southeast Bank Agent Banking “Shagotom”.

Source: https://today.thefinancialexpress.com.bd/stock-corporate/stocks-rebound-after-single-day-break-1644337739