Capital machinery imports are recovering slowly as concerns over political uncertainty ease and banks show more willingness to facilitate investments amidst increased liquidity in terms of US dollars and stability in the exchange rate. During the July-January period of this fiscal year (FY), LC openings for capital machinery grew three percent year-on-year to $1,557 million, according to Bangladesh Bank data.
Pharma, engineering stocks faced massive falls
The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), gained 15 points, or 0.23 per cent, to close at 6,366.
The turnover even hit record Tk 530 crore on Jun 21
It hit Tk 1,198 crore, up from the previous day's Tk 976 crore
However, turnover dropped 6%
It ended the day at Tk 1,109 crore
The index rose for nine consecutive days before falling for a day on April 30
It touched Tk 765 crore, highest since Jan 1's Tk 904 crore
Capital machinery imports are recovering slowly as concerns over political uncertainty ease and banks show more willingness to facilitate investments amidst increased liquidity in terms of US dollars and stability in the exchange rate. During the July-January period of this fiscal year (FY), LC openings for capital machinery grew three percent year-on-year to $1,557 million, according to Bangladesh Bank data.
Pharma, engineering stocks faced massive falls
The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), gained 15 points, or 0.23 per cent, to close at 6,366.
The turnover even hit record Tk 530 crore on Jun 21
It hit Tk 1,198 crore, up from the previous day's Tk 976 crore
However, turnover dropped 6%
It ended the day at Tk 1,109 crore
The index rose for nine consecutive days before falling for a day on April 30
It touched Tk 765 crore, highest since Jan 1's Tk 904 crore
It hit Tk 713 crore today, highest since March 6's Tk 727 crore