DSEX exceeds 5,700-mark ahead of Eid holiday Stocks extended the winning streak on Tuesday with the core index of the Dhaka Stock Exchange (DSE) crossing the 5,700-mark again ahead of Eid holiday. Today (Wednesday) is the last trading day before Eid holiday. However, trading on the bourses will remain closed

A Rouf Chowdhury reelected Bank Asia chairman A Rouf Chowdhury has recently been reelected chairman of Bank Asia at the 453rd meeting of its Board of Directors. Chowdhury is the bank’s main sponsor. He is the chairman of Rangs Group and Sea Resources Group and one of the directors of

Stock profit booking continues A tendency to take out profits continued to prevail in the stock market yesterday as had been in the last couple of days. The DSEX, the Dhaka Stock Exchange’s (DSE) benchmark index, dropped 48.71 points, or 0.83 per cent, to 5,801.72 yesterday. Institutional investors are also

Bank stocks drop for higher provisioning requirement Most banking stocks dropped yesterday, fuelled by apprehensions of a reduction of profits of lenders centring a Bangladesh Bank decision directing them to keep aside extra provisioning. However, the DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), rose 20.59 points, or

BB extends both policy coverage, tenure Considering the Covid-19 pandemic, the central bank has allowed more time for the exporters to realise their export proceeds. The tenure has been extended up to seven months instead of existing six months, and the coverage of the relaxed policy widened to all export