South Bangla Agriculture and Commerce Bank (SBAC) debuted on the stock market yesterday and the price of its shares almost immediately soared by 10 per cent as no one was selling the stock.

Within less than five years of getting listed in the stock market, Nurani Dyeing has kept its factory shut for a long time without informing its investors.

South Bangla Agriculture and Commerce Bank (SBAC) debuted on the stock market today and the price of its sharew soared 10 per cent as most of the time there was no seller of the stock.

Stocks dropped yesterday following a six-day rally as many investors tried to book profits. The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), edged down 10 points, or 0.15 per cent, to 6,617.

The Bangladesh Securities and Exchange Commission (BSEC) yesterday formed a four-member committee to probe the recent unusual price hike of nine listed companies.

Berger Paints Bangladesh’s profit jumped seven times as its business returned to normalcy in the April to June quarter, recouping the losses incurred a year ago owing to the coronavirus pandemic.

Stocks fell today after rising for six consecutive days.

Bangladesh Securities and Exchange Commission (BSEC) today formed a four-member committee to probe nine listed companies' unusual price hike in the recent time.

Global shares treaded water on Monday as sharp falls in gold and oil  prices briefly spooked sentiment, while the US dollar reached four-month  highs on the euro after an upbeat US jobs report lifted bond yields.

Dhaka Stock Exchange (DSE) registered a turnover of Tk 2,939 crore yesterday, its second single-day highest following the record Tk 3,249 crore of December 5, 2010.

Soaring market capitalisation last week pushed Bangladesh’s stock exchange indices to their highest point since inception in 2013 thanks to increased investor participation.

All three Bangladesh stock indexes closed at record highs yesterday after a rocky week when investors were fretting over the Delta coronavirus variant while Bangladesh Bank launched an expansionary monetary policy for the current fiscal year.

Bangladesh’s stock market continued to rise for the last six consecutive trading days thanks to increased participation of investors.

The country’s robust economic growth has not been reflected in the capital market, said Ahmad Kaikaus, the principal secretary of the prime minister.

Stocks ended higher yesterday riding on increased demand for banking stocks, with the benchmark index DSEX of the Dhaka Stock Exchange hitting the 6,500-point mark for the first time.

Stocks ended higher today riding on increased demand for banking stocks with the benchmark index hitting the 6,500-mark for the first time.

European stocks scaled fresh peaks on Monday, driven by dealmaking activity and strong results from Europe’s biggest bank HSBC, with a rebound in Asian stocks also helping set a bright start to August.

The rising pace of the stock market index gained higher speeds after the announcement of another expansionary monetary policy for the current fiscal year amidst the pandemic.

Major stock markets pulled back Friday as worries about the Delta variant of Covid-19 and profit taking offset another round of mostly strong corporate earnings.

The shares of many low-performing companies might have risen to surprising levels at the Dhaka Stock Exchange in the last one year, but it is the firms with strong earnings and dividend records that contributed most to the premier bourse.