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 October 19, 2020

Turnover rises moderately on DSE

Dhaka bourse on Sunday closed flat amid choppy trading as investors were busy at both sides of the trading fence. On the day, turnover rose moderately on Dhaka Stock Exchange (DSE) following investors’ increased participations mainly observed in insurance sector. The insurers also dominated the day’s gainers chart as out of top ten gainers nine were from insurance sector. Share prices of those nine companies rose ranging from 9.11 per cent to 10 per cent per share. The market opened the session with a sharp rise and the DSE broad DSEX crossed 4900-point mark within half an hour.Of the sectors which witnessed price appreciation, general insurance advanced 4.0 per cent, followed by financial institutions 2.2 per cent, pharmaceuticals & chemicals 0.6 per cent and bank 0.3 per cent. Of the sectors which witnessed price correction, textile declined 1.9 per cent, telecommunication 1.5 per cent, engineering 0.8 per cent, fuel & power 0.56 per cent and mutual fund 2.4 per cent. Investors’ concentration was concentrated mostly on general insurance sector which grabbed 35 per cent of the market turnover followed by pharmaceuticals & chemicals 9.9 per cent, engineering 7.9 per cent and bank 6.2 per cent. Bangladesh Submarine Cable Company topped the turnover chart with a value Tk 234 million followed by Continental Insurance Tk 216 million, Asia Pacific General Insurance Company Tk 211 million, Beximco Pharmaceuticals Tk 183 million and Bangladesh General Insurance Company Tk 160 million. Nitol Insurance Company was the number one gainer with a rise of 10 per cent prTk 5.3 to close at Tk 58.30 each. Keya Cosmetics was the worst loser after declining 6.67 per cent to close at Tk 7.0 each. On Chittagong Stock Exchange (CSE), the benchmark index CASPI rose marginally and settled at 13933.55 points with a riseof 0.36 per cent or 50.16 points. Of 263 issues traded, 93 advanced, 120 declined and remaining 50 were unchanged.

Source: https://today.thefinancialexpress.com.bd/stock-corporate/turnover-rises-moderately-on-dse-1603036006

87 entities get BASIS Outsourcing Award

Some 87 entities were recognised at ‘6th BASIS Outsourcing Award 2020’ for their outstanding performance in outsourcing industry in last one year. The awards were given in five categories-seven each in outsourcing organisation and start-up categories, 16 in export excellence, 54 at district level and three in women category, said a press release. Bangladesh Association of Software and Information Services (BASIS) organised the outsourcing award ceremony at a hotel in the city’s Kurmitola area on Saturday evening after a five-year break.The BASIS president said, “Currently, Bangladesh ranks second in the world in readymade garment (RMG) export but due to the fourth industrial revolution, cheap labour will no longer be an advantage for us.” Relying on just RMG export will not be enough, he said. MrKabir also noted that BASIS Outsourcing Award-2020 was organised to encourage individuals and organisations in achieving the government’s target of earning US$5.0 billion by 2025.

Source: https://today.thefinancialexpress.com.bd/trade-market/87-entities-get-basis-outsourcing-award-1603034766

SIBL holds Q3 Business Conference

Social Islami Bank Limited (SIBL) arranged a two-day long Business Conference of the 3rd Quarter of 2020 to evaluate the business position of the Bank through virtual platform recently. Mr. Quazi Osman Ali, Managing Director and CEO of the Bank, was present in the programme as the Chief Guest and inaugurated the conference. Abu Naser Chowdhury, Md. SirajulHoque and Md. ShamsulHoque, Deputy Managing Directors, and Mr. Abdul Hannan Khan, Company Secretary, Mr. KaziObaidul Al- Faruk, Head of HRD were also present in the programme.

Source: https://today.thefinancialexpress.com.bd/stock-corporate/sibl-holds-q3-business-confce-1603036059

IBBL wins two VISA awards

Islami Bank Bangladesh Limited has won the ‘Excellence in Product Innovation’ and ‘Excellence in Prepaid Card Business’ awards conferred by VISA, a global payment service provider. These two awards are given in recognition of instant virtual VISA card generation and maximum transactions through this card through Cellfin App of IBBL. VISA awarded IBBL on the basis of business performance from July 2019 to June 2020 among its partner organizations. The award was announced at the ‘VISA Leadership Conclave’ held on October 15 in the digital platform.

Source: https://today.thefinancialexpress.com.bd/stock-corporate/ibbl-wins-two-visa-awards-1603036250

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
DJIA$ 28,606.31
↑ 112.11↑ 0.39 %
FTSE100$ 5,919.58↑ 87.06↑ 1.49 %
Nikkei 225$ 23,691.71↓281.08↓1.20%

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$ 40.73↓0.15↓0.37 % %
Crude Oil (Brent)$ 42.80↓0.13↓0.30 % %
Gold Spot$ 1,902.44↑3.15↑0.17% %

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
USD 1BDT 84.8000
GBP 1BDT 109.5446
EUR 1BDT 99.4026
INR 1BDT 1.1547





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