$

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 June 28, 2021

Stocks plunge as panic grips investors

Shares on the Dhaka Stock Exchange plunged yesterday as uncertainty over the course of the pandemic and the future of the economy gripped investors following the announcement of a countrywide shutdown from July 1. The DSEX, the benchmark index of the premier bourse, closed 100 points, or 1.64 per cent, down at 5,992. This was the first time since April 2 that the index shed 100 points.The massive dip pushed the key index of the DSE below 6,000 after 14 sessions. Shares on the Chittagong Stock Exchange also declined.The profits of the listed companies dropped 30 to 35 per cent last year due to the two-month-long closure of factories. Among all the sectors, textile rose 1.62 per cent as the garment industry would be out of the purview of the curb. Life insurance advanced 1 per cent. General insurance dropped 4.71 per cent, and mutual funds fell 3.32 per cent, according to the daily market update of the UCB Stock Brokerage Ltd.The CASPI, the general index of the Chittagong Stock Exchange, dropped 297 points to 17,359. Among 311 stocks traded, 58 advanced, 241 dropped, and 12 remained unchanged.

Source: https://www.thedailystar.net/business/economy/stock/news/stocks-plunge-panic-grips-investors-2119593

Islami Bank approves 10pc cash dividend

The 38th Annual General Meeting of Islami Bank Bangladesh Limited was held on Sunday on a virtual platform. Professor Md. Nazmul Hassan, Ph.D, Chairman of the bank. The meeting approved 10 per cent cash dividend for the shareholders as well as Financial Statements of the bank for the year ended on December 31, 2020.

Source: https://today.thefinancialexpress.com.bd/stock-corporate/islami-bank-approves-10pc-cash-dividend-1624816691

BEPZA signs MoU with fire service to expedite OSS

With a view to simplifying fire safety services in the factories of EPZs, Bangladesh Export Processing Zones Authority (BEPZA) and Bangladesh Fire Service and Civil Defence (FSCD) signed a Memorandum of Understanding (MoU) at BEPZA Complex. BEPZA signed the MoU with the Department of Fire Service and Civil Defence as a part of making the One Stop Service more effective for the EPZ investors.

Source: https://today.thefinancialexpress.com.bd/trade-market/bepza-signs-mou-with-fire-service-to-expedite-oss-1624815810

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
DJIA$ 34,433.84
↑ 237.02↑ 0.69 %
FTSE100$ 7,136.07↑ 26.10↑ 0.37 %
Nikkei 225$ 29,046.28↓ 19.90↓ 0.07%

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$ 74.01↓0.04↓0.05%
Crude Oil (Brent)$ 76.08↓0.10↓0.13%
Gold Spot$ 1,780.14↓1.30↓0.07%

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
USD 1BDT 84.9500
GBP 1BDT 117.9106
EUR 1BDT 101.4048

*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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