January 20, 2023
Why firms switching to ‘PLC’ suffix
Delta Brac Housing Finance Corporation, a listed non-bank financial institution in Bangladesh, recently announced that it has decided to change its name by adding PLC as a suffix.
January 17, 2023
Speculative trading drives stocks
While most stocks in Bangladesh remain bearish, some surged in the first half of January fuelled by rumours.
January 10, 2023
How Bangladesh’s stock market remains an outlier
Most of the global stock indices plunged last March when the war between Russia and Ukraine escalated but they took only two months before bouncing back despite the conflict-induced turmoil worldwide.
January 5, 2023
One third of listed banks’ asset quality drops
One-third of the listed banks in Bangladesh, especially the shariah-based lenders, suffered a drop in profits in the last five years due to the deterioration in their asset quality, higher non-performing loans, and the impact of the coronavirus pandemic.
January 3, 2023
When fences eat crops
In another financial felony in Bangladesh, UFS Asset Management has embezzled Tk 158 crore in investors’ funds, according to a probe of the stock market regulator.
December 30, 2022
Stock market in 2022: Some good comes with the bad
Major indices of the stock market in Bangladesh mostly saw decline throughout the outgoing year while turnover also took a plunge amid the gloomy economic scenario.
December 26, 2022
1.7 lakh BO accounts closed in 6 months for stocks gloom
The number of beneficiary owners (BO) accounts has decreased over the last six months in spite of the advent of 60 new stockbrokers in the stock market amidst expectations that the number of investors would increase.
December 25, 2022
Rough ride for stock investors as uncertainty rules the roost
The biggest challenge the stock market faced in the outgoing year was floor price as the artificial mechanism made the whole market illiquid and shattered investors’ confidence amid the gloomy economic trends.
December 21, 2022
Stock brokers in peril for low turnover
Brokerage houses are in dire straits meeting their operating costs as low turnovers are leaving a massive dent in their incomes.
December 11, 2022
ICB could lose Tk 438cr for unusual investment decisions
Unusual investment decisions made by the state-run Investment Corporation of Bangladesh (ICB) could inflict a loss of Tk 438 crore on taxpayers as the funds have either turned into default loans or remained largely unrealised, according to an audit report.