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

Important Business News Extracts April 16, 2020

DSE market PE ratio hits 10-year low

The overall market price-earnings ratio of Dhaka Stock Exchange reached rock bottom at 10.58, a 10 years low as of March 25 this year amid free-fall of stock prices. The overall market PE ratio stood at 10.58 on March 25 this year, the last trading day before the government-announced lockdown, according to statistics available with the prime bourse. The overall market PE ratio hit the highest level at 30.58 in 2010, when the market saw a wild trend before the crashing. The DSE key index lost 1,522 points, wiping out market capitalisation of Tk 1,015 billion in the past 12 months since March 25 of last year. The year-long depressed capital market also sent at least 92 issues below their face value of Tk 10 in the DSE as of March 25, 2020. The fundamentally strong securities were not spared from the relentless fall in the share prices during the period under review. Currently, the banking issues are the cheapest among the all sectors as its PE ratio stood at only 6.20 as of March 25, this year, followed by telecom sector 9.50, power 9.60, engineering 12.90 and pharmaceuticals 15.20.

Source: https://today.thefinancialexpress.com.bd/stock-corporate/dse-market-pe-ratio-hits-10-year-low-1586963774

City Bank donates food items to poor

City Bank provided food support to the poor who have come under major food safety related threat due to ongoing coronavirus situation. The bank is providing food bags, each weighing 18 kilograms, containing 10 kgs of rice and other food essentials to 20 thousand families through 8 centres across the country. It is estimated that some 100,000 people will receive good support for one week through this initiative. Besides, some 3000 families of 13 districts under Dhaka Range of Bangladesh Police are receiving the relief bags from City Bank through Uttaran Foundation, a social organisation founded by Habibur Rahman, DIG of Dhaka Range. Moreover, 2000 middle class families living in the outskirts of Gulshan are receiving same through DC Gulshan of DMP, while DC Ramna is leading another initiative to send City Bank relief bags to 500 families of tannery workers in Hazaribag area.

Source: https://today.thefinancialexpress.com.bd/stock-corporate/city-bank-donates-food-items-to-poor-1586963831

LafargeHolcim Bangladesh distributed necessary food items

LafargeHolcim Bangladesh distributed necessary food items among the contractor’s employees of its Surma Plant at Chhatak, Sunamganj. The company will cover around 600 such employees in first phase under this project. Harpal Singh, Plant Manager, Surma Plant, was present during the food distribution.

Source: https://today.thefinancialexpress.com.bd/stock-corporate/lafargeholcim-bangladesh-distributed-necessary-food-items-1586964063

PRAN-RFL Group distributes foods among poor

PRAN-RFL Group, one of the business conglomerates of the country, has continued its food support to the helpless and poor people, who have become affected by the lockdown due to coronavirus outbreak. In the second phase, the group will provide dried food items among 40 thousand families of more than 20 districts of the country including the capital. .

Source: https://today.thefinancialexpress.com.bd/trade-market/pran-rfl-group-distributes-foods-among-poor-1586964278

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
↑ 445.41↑ 1.86 %
FTSE1005597.65↓ 193.66↓ 3.34 %
Nikkei 22519277.49↓ 272.62↓ 1.93 %

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$ 19.87↑ 0.00↑ 0.00 %
Crude Oil (Brent)$ 27.95↑ 0.26↑ 0.94 %
Gold Spot$ 1715.75↓ 1.28↓ 0.07 %

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
USD 1BDT 83.1300
GBP 1BDT 104.261
EUR 1BDT 90.8641
INR 1BDT 1.09465





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