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 July 26, 2021

DSEX soars in post-Eid session to reach record high

The prime index of the Dhaka Stock Exchange (DSEX) hit a record high on Sunday, the first session after Eid vacation, as buying binge added strength to the equity indices despite virus worries. The market remained shut for five days from July 20 to 24 due to Eid-ul-Azha while trading time reduced to three hours in line with the banks during the government-enforced latest strict lockdown. After crossing the 6,400-mark in the in the previous session, the market opened higher and persisted till the closure although saw some profit booking sell pressure during the session. DSEX, the prime index of the DSE, went up by 19.17 points or 0.29 per cent to settle at 6,424, the highest since its inception in 2013. The DSEX was introduced more than eight years back on January 27, 2013, designed by Standard and Poor’s (S&P) based on the free-float methodology, replacing the then key index – DGEN. However, the all-time high DGEN was 8,918 recorded on December 5, 2010, when the market saw a bull run before a crash.The blue chip index DS30, a group of 30 prominent companies, also rose 14.10 points to settle at an all-time high at 2,336, highest since its inception on January 27, 2013. The DSE Shariah Index also advanced 6.08 points to close at 1,393.Fu-Wang Ceramic was the day’s best performer, posting a gain of 9.95 per cent while Familytex (BD) was the worst loser, losing 9.43 per cent after a ‘abnormal’ hike in the recent weeks. The port city bourse, Chittagong Stock Exchange, also ended higher with its CSE All Share Price Index – CASPI -gaining 103 points to settle at 18,673 and the Selective Categories Index – CSCX -advancing 69 points to finish at 11,216.

Source: https://today.thefinancialexpress.com.bd/stock-corporate/dsex-soars-in-post-eid-session-to-reach-record-high-1627230982

New MD joins DSE

Newly appointed managing director Tarique Amin Bhuiyan on Sunday joined the Dhaka Stock Exchange (DSE), according to a release. The board of the premier bourse DSE decided to appoint Mr. Bhuiyan at a meeting held on July 04, 2021. Later, the Bangladesh Securities and Exchange Commission (BSEC) accorded its approval to his appointment on July 05, 2021. Mr. Bhuiyan obtained his Master of Business Administration (MBA) from IBA, University of Dhaka.He held important positions in various organizations including ING, St. George and Westpac & global consulting companies like TCS, Accenture & Infosys etc. He also served the BRAC Bank as the Chief Information Officer (CIO) and as the Founding Chief Executive Officer (CEO) at mobile money transfer company bkash.

Source: https://today.thefinancialexpress.com.bd/stock-corporate/new-md-joins-dse-1627231086

BD keeps investment doors open despite pandemic

Bangladesh Economic Zones Authority (BEZA) Executive Chairman Shaikh Yusuf Harun said the Bangladesh government continues investment services despite pandemic to allure investors to come with their new ventures here. Despite slow investment flow across the world, Shaikh Yusuf Harun said, Bangladesh is becoming a centre of global business community which will help the country achieve Vision-2041. He said that very low labour cost, skilled manpower, favourable government policies, uninterrupted electricity supply, high productivity and political stability are turning Bangladesh into a global investment hub despite the Covid-19 pandemic.The BEZA chief said, investment in different countries is becoming difficult, but Bangladesh has kept its investment doors open.He said Bangladesh will become a developed country in 2041 and for this, orgranisations like BEZA would have to work as per their targets. Mr Harun said BEZA has set a target to create jobs for around one crore people by establishing 100 economic zones across the country. It has also set a target to earn an additional $40 billion by exporting goods from the economic zones, he added. He said that the BEZA governing board has already approved the location and amount of land in 97 economic zones, of which 68 are public economic zones and 29 are private economic zones.

Source: https://today.thefinancialexpress.com.bd/stock-corporate/bd-keeps-investment-doors-open-despite-pandemic-1627231226

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
DJIA$ 35,061.55
↑ 238.20↑ 0.68 %
FTSE100$ 7,027.58↑ 59.28↑ 0.85 %
Nikkei 225$ 27,883.04↑335.04↑1.22%

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$ 71.62↓0.45↓0.62%
Crude Oil (Brent)$ 73.70 ↓0.40↓0.54%
Gold Spot$ 1,806.38↑4.23↑0.23%

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
USD 1BDT 84.8010
GBP 1BDT 116.8219
EUR 1BDT 100.1415





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