Olympic Industries sees fall in profitability
Profitability of Olympic Industries, the country’s leading biscuit maker, dropped in the first half of the current fiscal year due to increased price of raw materials, leading to a fall in the company’s share price.
27 January 2021, 18:00 PM
Stocks ride on increased liquidity
Although Bangladesh’s stock market is not connected with global markets and does not follow the usual global trends, nowadays it has been different.
23 January 2021, 18:00 PM
Bourses see extensive profit booking
Bourses witnessed widespread profit-booking last week when the insurance stocks rose the most thanks to a regulatory move on minimum shareholding compliance.
23 January 2021, 18:00 PM
BSRM Steel Mills to merge with parent company
BSRM Steel Mills Ltd is set to merge with its parent company BSRM Ltd, a move that will help the country’s leading rod producer cut costs and boost profit.
21 January 2021, 18:00 PM
Beximco to buy majority stake in Sanofi Bangladesh
Beximco Pharmaceuticals is set to acquire 54.6 per cent stake in Sanofi Bangladesh for about Tk 400 crore, as it looks to expand its product base and diversify into new areas.
21 January 2021, 18:00 PM
Kattali Textile didn’t cooperate during audit
Kattali Textile did not cooperate with the auditors while they were looking into the company’s financial reports for the year that ended on June 30, 2020.
20 January 2021, 18:00 PM
DSE market cap hits record high
Stock indices reached a new level yesterday as market capitalisation of the country’s bourses hit an all-time high.
14 January 2021, 18:00 PM
United Air shareholders on the verge of losing everything
Stock investors of United Airways who own 95 per cent of the shares of the defunct airline have been left high and dry after the regulator delisted the company from the main trading board of the exchanges.
13 January 2021, 18:00 PM
Aziz Pipes suspends production for lack of funds
Aziz Pipes, a listed PVC product maker, has suspended production for a temporary period as it could not buy raw materials because of a shortage of funds.
11 January 2021, 18:00 PM
Cement companies see profit rise in Q1 despite pandemic
Most listed cement makers witnessed higher profits in the July-September quarter last year thanks to an increase in demand from the construction sector amid the ongoing coronavirus pandemic.
11 January 2021, 18:00 PM
DSE app goes haywire amid investor influx
Stock investors faced problems executing trade through the Dhaka Stock Exchange (DSE) mobile app last week as the system was caving in to participation influxes.
9 January 2021, 18:00 PM
It’s all about quality
The market was not developed, skill workforce was not in abundance in the country and finance was tight, but Abdul Muktadir was unfazed when he decided to set up a pharmaceutical company two decades ago.
9 January 2021, 18:00 PM
SS Steel to enter ceramics market
SS Steel yesterday announced that it would spend about Tk 200 crore to buy a 75 per cent stake in Southeast Union Ceramic Industries in an effort to expand its product base in the construction sector.
7 January 2021, 18:00 PM
Furniture makers endure tough times amid pandemic
The furniture industry has been left devastated by the ongoing pandemic as people tend to shy away from non-essential items during times of crisis, according to industry insiders.
7 January 2021, 18:00 PM
Delta Spinners asked to reconstitute board
The Bangladesh Securities and Exchange Commission (BSEC) has ordered Delta Spinners to reconstitute its board for having failed to leave Z category within stipulated two years.
6 January 2021, 18:00 PM
Stocks surge on vaccine hopes
The key index of Dhaka Stock Exchange rose by a whopping 216.89 points yesterday to post the second-highest single-day increase in history on news of India’s coronavirus vaccine approval that also boosted hopes for Bangladesh.
3 January 2021, 18:00 PM
Business leaders expect recovery by mid-2021
Several business leaders and entrepreneurs have expressed their hope that Bangladesh’s economy will start to recover from mid-2021 after the Covid-19 vaccine arrives.
31 December 2020, 18:00 PM
Despite jitters, 2020 was a banner year for stocks
Despite all the economic uncertainty amid the ongoing coronavirus pandemic, 2020 saw growing investor confidence in the country’s stock market, which rose by more than 20 per cent this past year.
31 December 2020, 18:00 PM
State-run fuel suppliers’ earnings drop in Q1
Earnings of state-run fuel supplying companies dropped in the July-September period due to a sharp fall in income from bank deposits and in fuel sales amid the Covid-19 outbreak.
30 December 2020, 18:00 PM
Drug-makers stay strong in a tough year
Most of the industries in Bangladesh witnessed drastic fall in profits in the outgoing year due to the protracted pandemic. The pharmaceuticals industry was an exception.
30 December 2020, 18:00 PM