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 September 27, 2021

Banking, major sectors see profit booking

Stocks ended marginally lower on Sunday, after a single-day break, as cautious investors preferred to book profit on major sector issues in the later part of the session. The market was in a positive territory in the first half of the session, but later half went down steadily amid profit booking on banking, engineering, food, power and telecom sector stocks. DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 13.45 points or 0.18 per cent to settle at 7,237, after gaining 8.75 points in the previous session. Two other indices also edged lower with the DSE 30 Index, comprising blue chips, dropped 7.94 points to finish at 2,665 and the DSE Shariah Index (DSES) shed 6.46 points to close at 1,574. Turnover, a crucial indicator of the market, however, rose to Tk 22.57 billion, which was 22 per cent higher than the previous day’s tally of Tk 18.52 billion.Most of the sectors witnessed dismal performance with engineering saw the highest correction of 0.80 per cent, followed by banking with 0.70 per cent, food 0.40 per cent, pharma 0.40 per cent and telecom 0.20 per cent. On the other hand, IT, cement, miscellaneous, and financial institutions gained 3.20 per cent, 1.10 per cent, 0.60 per cent and 0.10 per cent respectively. Of the 376 issues traded, 230 ended lower, 113 higher and 33 remained unchanged on the DSE trading floor. Orion Pharma was the most traded stock with shares worth Tk 1.42 billion changing hands, followed by Beximco, LafargeHolcim, Shahjibazar Power and Delta Life Insurance. The IT Company Aamra Network was the day’s top gainer, rising 9.92 per cent, followed by Tosrifa Industries (9.90 per cent), Khan Brother PP Woven Bag Industries (9.72 per cent), Evince Textile (9.62 per cent) and Zaheen Spinning (9.52 per cent).The Chittagong Stock Exchange (CSE) also closed marginally lower with the CSE All Share Price Index – CASPI -losing 19 points to settle at 21,126 and the Selective Categories Index – CSCX shedding 10 to finish at 12,676.

Source: https://today.thefinancialexpress.com.bd/stock-corporate/banking-major-sectors-see-profit-booking-1632677721

 MFS transactions on the rise

Transactions through mobile financial services in Bangladesh rose 5.4 per cent year-on-year to Tk 66,387 crore in July as people’s habit to use the cashless mode of payments persists despite the reopening of the economy and easing of coronavirus restrictions. Transactions amounted to Tk 63,000 crore in the same month a year ago and Tk 62,993 crore in June this year, data from the Bangladesh Bank showed.On average, Tk 2,141 crore was transacted every day in July.Inward remittance channelled through MFS providers increased 67 per cent year-on-year to Tk 282 crore in July. The number of registered mobile banking accounts stood at 10.27 crore at the end of July, while active accounts numbered 4.12 crore.

Source: https://www.thedailystar.net/business/economy/news/mfs-transactions-the-rise-2184956

StanChart launches SMART Card

Standard Chartered Ban-gladesh recently announced the launch of Standard Chartered SMART Credit Card. This unique credit card — SMART Card — is designed for the digital-first lifestyle, offering everyday benefits centring around convenient borrowing, digital rewards and self-service capabilities. The SMART Card delivers convenient borrowing, digital rewards and self-service capabilities, offering a range of cash-back, savings and fee waiver privileges that are carefully designed to help clients make the most of their digital-first lifestyle. This unique offering is the first credit card in the market to be manufactured through a carbon-neutral process and bears the Certified Carbon Neutral logo.

Source: https://today.thefinancialexpress.com.bd/trade-market/stanchart-launches-smart-card-1632677301

Orion Pharma leads DSE turnover chart

Orion Pharma dominated the Dhaka Stock Exchange’s turnover chart on Sunday after a long time while ten most-traded stocks accounted for 31 per cent transactions. Market analysts said investors were showing buying interest on large-cap stocks like Orion Pharma, Beximco, LafargeHolcim, Shahjibazar Power and Delta Life Insurance. According to the DSE data, some 17.72 million shares of Orion Pharma were traded, generating a turnover of Tk 1.42 billion, which was 6.29 per cent of the day’s total turnover. The drug maker’s share price closed at Tk 84.40 on Sunday, after hitting more than two-year highest price of Tk 85.30. Its share surged 8.76 per cent on Sunday.The company’s nine months consolidated earnings per share (EPS) stood at Tk 2.98 for July 2020-March 2021 as against Tk 2.75 for July 2019-March 2020. The company’s paid-up capital is Tk 2.34 billion and authorised capital is Tk 5.0 billion while total number of securities is 234 million. Beximco came second on the turnover chart, with shares worth Tk 991 million changing hands. The company’s share rose 2.30 per cent to close at Tk 137.50 each.

Source: https://today.thefinancialexpress.com.bd/stock-corporate/orion-pharma-leads-dse-turnover-chart-1632677766

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
DJIA$ 34,798.00
FTSE100$ 7,051.48↓26.87↓0.38%
Nikkei 225$ 30,307.01↑58.20↑0.19%

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$ 74.91↑0.93↑1.26%
Crude Oil (Brent)$ 79.06 ↑0.97↑1.24%
Gold Spot$ 1,759.41↑8.99↑0.51%

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
USD 1BDT 85.3500
GBP 1BDT 116.7759
EUR 1BDT 100.0131





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