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

Daily Business News Flash June 21, 2021

Stocks rise despite floor price removal

The country’s stock market rose yesterday thanks to a boost in confidence among institutional investors, despite the removal of floor prices of all listed companies. The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), rose by 16 points, or 0.27 per cent, to 6,069. The market regulator had initially lifted the floor price of 66 companies in April. On March 19 last year, the BSEC imposed floor prices for all stocks by calculating their average prices of the preceding five days of trade to stop the index from falling amid the pandemic. Although most market analysts and foreign investors criticised the decision, general investors welcomed it and repeatedly urged for the policy to be retained. Turnover, an important indicator of the market, dropped 0.64 per cent, to Tk 1,835 crore. At the DSE, 156 companies advanced, 179 declined, and 38 remained unchanged. Monno Fabrics topped the gainers’ list, rising 10 per cent, followed by National Feed Mills, Salvo Chemical Industry, Monospool Paper Manufacturing Company and Tamijuddin Textile Mills. Royal Tulip Sea Pearl Beach Resort & Spa shed the most, dropping 9.98 per cent, followed by SK Trims and Industries, Samata Leather Complex, Prime Finance First Mutual Fund and Central Insurance. Chittagong Stock Exchange also advanced yesterday. The CASPI, the general index of the port city bourse, rose 12.89 points, or 0.07 per cent, to 17,583. Among 304 stocks to witness trade, 117 advanced, 151 fell, and 36 remained unchanged.

Source: https://www.thedailystar.net/business/economy/news/stocks-rise-despite-floor-price-removal-2114973

16 mw rooftop solar power plant opens at KEPZ in Ctg

The Korean EPZ (KEPZ) in Chattagram has initiated operations of the country’s largest 16 megawatt (MW) solar rooftop power plant Sunday. This is the first such rooftop solar power plant in any EPZ (export processing zone) across the country. This plant was built under net metering system through which the owner built the plant at its own cost and sales the access electricity to national power grid. Renewable energy will be the main source of energy in future, said Mr Hamid, while speaking on the occasion. Around 40 per cent of the country’s total electricity generation will come from renewable energy sources by 2041. Currently 730 MW, or around 3.65 per cent of the country’s total electricity generation comes from renewable energy. Ambassador of Korean Republic in Bangladesh Lee Jang Keun and KEPZ chairman Kihak Sung also spoke on the occasion.

Source: https://today.thefinancialexpress.com.bd/trade-market/16-mw-rooftop-solar-power-plant-opens-at-kepz-in-ctg-1624204939

SIBL opens ten agent banking outlets

Social Islami Bank Limited inaugurated ten new agent banking outlets at Ghaniar Char Bazar, Rajar Bazar, Ratanpur Bazar, Kurbanpur Bazar (Cumilla), Maizbag Bazar (Mymensingh), Fakira Bazar (Cox’s Bazar), Jirtoli Bazar, Lemuya Bazar (Noakhali), Thakur Bari More Bazar (Narsingdi) and Char Lorance Bazar (Laxmipur) recently through a virtual platform.

Source: https://today.thefinancialexpress.com.bd/stock-corporate/sibl-opens-ten-agent-banking-outlets-1624204150

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
DJIA$ 33,290.08
↓ 533.37↓ 1.58 %
FTSE100$ 7,017.47↓ 135.96↓ 1.90 %
Nikkei 225$ 27,873.91↓ 1,090.17↓ 3.76 %

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$ 72.04↑ 0.43↑ 0.60 %
Crude Oil (Brent)$ 73.88↑ 0.37↑ 0.50 %
Gold Spot$ 1,774.31↑ 10.15↑ 0.58 %

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
USD 1BDT 84.8000
GBP 1BDT 117.1003
EUR 1BDT 100.5728





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