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 May 10, 2022

 DSE turnover exceeds Tk 12b mark

Daily trade turnover on Dhaka Stock Exchange (DSE) crossed Tk 12 billion mark on Monday, after nearly three months, as buoyant investors put fresh funds on stocks anticipating positive momentum ahead. Turnover stood at Tk 12.08 billion on the country’s premier bourse, up by 24 per cent over previous day’s tally of Tk 9.72 billion. It was the highest single-day transaction since February 16, 2022, when turnover totaled Tk 12.13 billion, as the participation of investors increased in the market after the Eid break. Along with rising turnover, DSEX, the key index of the DSE, went up by 28.66 points or 0.42 per cent to settle at 6,698. The core index added 55 points in the past two consecutive sessions. Two other indices also closed higher. The DSE Shariah Index (DSES) rose 6.71 points to close at 1,454 and the DSE 30 Index, comprising blue chips, saw a fractional gain of 0.14 point to finish at 2,449. The Chittagong Stock Exchange (CSE) also kept rising with the CSE All Share Price Index – CASPI -gaining 44 points to settle at 19,639 and the Selective Categories Index – CSCX – advancing 26 points to close at 11,783. Of the issues traded, 178 advanced, 92 declined, and 32 issues remained unchanged on the CSE.

Source: https://today.thefinancialexpress.com.bd/stock-corporate/dse-turnover-exceeds-tk-12b-mark-1652113000

Bangladesh seeks diversified investment from US

Bangladesh has urged the US businesses to diversify their investment in Bangladesh going beyond the energy sector. About 90% of current US investment in Bangladesh is in the energy sector. The US entrepreneurs expressed their interest to invest in the Bangladesh ICT sector as we have some 6.5 lakh freelancers. This is good news. They earlier were not interested to invest in Bangladesh. Entrepreneurs of the United States are now investing in the energy sector, but I informed them about many other potential sectors and our promising economic zones.

Source: https://www.tbsnews.net/economy/bangladesh-seeks-diversified-investment-us-416286

Exports booming despite gloomy global outlook

Earnings from merchandised exports from Bangladesh soared 51.18 per cent year-on-year in April to $4.73 billion helped by higher shipment of garments, home textiles and footwear. The higher flow of export receipts continues despite persisting global uncertainties emanating from the Russian-Ukraine war, dragging supply chain disruptions, and higher inflationary pressures. In fact, exports from Bangladesh have been posting stellar growth since September, sending monthly receipts above $4 billion for the first time in the country’s history, as demand rebounded in the western economies in keeping with the receding coronavirus pandemic. Earnings hit an all-time high of $4.9 billion in December and the momentum continued in the subsequent months. From July to April, apparel shipment, which accounts for about 85 per cent of the national exports, swelled by 35.98 per cent to $35.36 billion. Of the total, $19.24 billion came from knitwear shipments, up 37.49 per cent, and $16.11 billion from woven shipments, a rise of 34.23 per cent.

Source: https://www.thedailystar.net/business/economy/news/exports-booming-despite-gloomy-global-outlook-3020161

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
DJIA$ 32,245.70
↓ 653.67↓ 1.99 %
FTSE100$ 7,216.58↓ 171.36↓ 2.32 %
Nikkei 225$ 25,996.88↓ 322.46↓ 1.23 %

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$ 101.56↓ 1.53↓ 1.48 %
Crude Oil (Brent)$ 104.36↓ 1.58↓ 1.49 %
Gold Spot$ 1,864.23↑ 10.06↑ 0.54 %

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
USD 1BDT 86.4500
GBP 1BDT 106.6879
EUR 1BDT 91.2480

*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