Monno Ceramic Industries Ltd registered a 1,760 percent year-on-year profit growth to Tk 2.79 crore in the first quarter of the financial year 2023-24.
alongside floorprice, deterioration of macroeconomic indicators fuelled by higher inflation, dwindling foreign exchange reserves, the sharp depreciation of the local currency, and political uncertainty is also responsible
The Mutual Trust Bank perpetual bond, listed under the “N” category, began trading on in the Dhaka Stock Exchange (DSE) on Wednesday.
Energypac Power Generation PLC reported losses in the financial year that ended on June 30.
MJL Bangladesh PLC, one of the leading private lubricant marketers, plans to invest $32.5 million, or Tk 350 crore, to purchase a newly-built tanker and provide rental services to private liquefied petroleum gas (LPG) companies.
The bond will have a face value of Tk 9 lakh for each lot and will be issued for five years at a discount rate of up to 9 percent.
The company made Tk 2.19 crore profit in the same period last year.
The non-bank financial institution said its board has given consent to work on the issuance of bonds.
Richard D’ Rozario, managing director of Global Securities Ltd, has been elected as a director of the Dhaka Stock Exchange (DSE).
The bids were roughly 69.43 times the issue on offer, according to stock exchange data
Last week, the global financial stage witnessed two starkly contrasting approaches to short selling as South Korea and the Philippines charted their courses. South Korea announced a comprehensive ban on short selling activities, effective until June 2024.
The Dhaka Stock Exchange (DSE) has rejected the application of two companies – Al-Amin Chemical Industries and Rangamati Food Products – for transferring their shares from the over-the-counter (OTC) market to its SME platform.
The DSE Brokers Association of Bangladesh (DBA) has urged the government to put the formulation of a Stock Dealer, Stock Broker and Authorized Representative Regulations, 2023 on hold until June next year.
Square Textiles PLC's profit falls 5.98 percent year-on-year to Tk 35.37 crore in the July-September period this year.
Square Pharmaceuticals PLC registered a 9 percent year-on-year growth in profit to Tk 600 crore in July-September this year.
Crown Cement PLC, a listed cement manufacturer, returned to profit in the first quarter of fiscal year (FY) 2024 after incurring a loss in the same quarter of the previous year.
Owners of brokerage houses will not be allowed to serve as chief executive officers (CEOs) according to the draft of a regulation of the Bangladesh Securities and Exchange Commission (BSEC).
Berger Paints Bangladesh Ltd, one of the largest paint makers in the country, said its profit grew in the first half of the current financial year even though overall sales dropped.