Stocks
“We need to campaign to widen the bond market and more accessible to all”
President of Federation of Bangladesh Chamber of Commerce and Industry, FBCCI, MD. Jasim Uddin said Banks collect short-term deposits, so they cannot make long-term loans, the apex organization of traders commented that customers are defaulting despite their reluctance.
He further added the issues in a program called ‘Bond Market: The Ultimate Long Term Solution’ at FBCCI’s head office on Tuesday, October 11. Prime Minister’s Adviser on Private Industries and Investments Salman F. Rahman and Bangladesh Securities and Exchange Commission (BSEC) Chairman Prof. Shibli Rubayat-Ul-Islam are present as chief guests on the occasion.
On the occasion, FBCCI president told that banks do not have the potential to provide long-term loans. As a result, defaults are hiking. The world has a 127 trillion bond market. hence, neighboring country India’s corporate bonds account for 16pc of the GDP. Its GDP in Bangladesh is 8pc.
FBCCI President further said, to become a developing country, our export market should reach USD300 billion. That’s why we have no choice but to make our industry bigger. If we have to transform into a developing country, we need to develop these industries. In that case, this top leader advised the businessmen to give importance to the bond market.
“We need to campaign to make the bond market bigger and more accessible to all,” he said. If the bond market is big, we will be able to invest on easy terms.
Dhaka Stock Exchange DSE, Bourses on the last working day of the week, March 23, ended with price index hikes & turnover drops.
This information is known from DSE sources.
286 crores 97 lakh shares were traded in DSE on this day. 41 crores 51 lakhs less trading was done in DSE today compared to the previous workday, 22 March, Shares worth Tk 328 crores 48 lakh shares were traded in DSE last time, Wednesday.
The benchmark index DSEX hiked 8.66 points or 6,206. The Shariah-based index DSES rose 0.75 points or 1,353, and the blue-chip index DS30 gained 2.58 points or 2,218.
Of the issues traded, 74 advanced, 24 declined, and 205 remained unchanged.
Legacy Footwear Limited ranked top gainer on DSE, the share price increased by Tk 5.1 paisa or 9.98 percent. On this day, the share was last traded at Tk 56.20 paisa.
On the other hand, Bengal Windsor Thermoplastics Ltd ranked top loser on the DSE, the share price dropped by Tk 0.5 paisa or 1.68 percent. On this day, the share was last traded at Tk 29.20 paisa.
DSE topped on trade Eastern Housing Limited 34 crores 22 lakh 70 thousand takas of shares of the company have been traded.
A total of 49 companies’ shares were traded in the Block on Dhaka Stock Exchange, 79 lakh 23 thousand 878 shares of the companies were traded. The financial value of which is 37 crore 27 lakh taka.
Dhaka Stock Exchange DSE, Bourses on the fourth working day of the week, March 22, ended with price index & turnover drops.
This information is known from DSE sources.
328 crores 48 lakh shares were traded in DSE on this day. 21 crores 12 lakhs less trading was done in DSE today compared to the previous workday, 21 March, Shares worth Tk 349 crores 61 lakh shares were traded in DSE last time, Tuesday.
The benchmark index DSEX dropped 16.26 points or 6,206. The Shariah-based index DSES lost 3.34 points or 1,352, and the blue-chip index DS30 shed 5.18 points or 2,215.
Of the issues traded, 17 advanced, 82 declined, and 213 remained unchanged.
Legacy Footwear Limited ranked top gainer on DSE, the share price increased by Tk 3.8 paisa or 8.03 percent. On this day, the share was last traded at Tk 51.10 paisa.
On the other hand, Bengal Windsor Thermoplastics Ltd ranked top loser on the DSE, the share price dropped by Tk 2.4 paisa or 7.48 percent. On this day, the share was last traded at Tk 29.70 paisa.
DSE topped on trade Eastern Housing Limited 19 crores 14 lakh 10 thousand takas of shares of the company have been traded.
A total of 53 companies’ shares were traded in the Block on Dhaka Stock Exchange, 73 lakh 24 thousand 180 shares of the companies were traded. The financial value of which is 55 crore 76 lakh taka.
Dhaka Stock Exchange DSE, Bourses on the third working day of the week, March 21, ended with price index & turnover hikes.
This information is known from DSE sources.
349 crores 61 lakh shares were traded in DSE on this day. 4 crores 95 lakhs less trading was done in DSE today compared to the previous workday, 20 March, Shares worth Tk 344 crores 66 lakh shares were traded in DSE last time, Monday.
The benchmark index DSEX hiked 18.72 points or 6,222. The Shariah-based index DSES rose 5.90 points or 1,355, and the blue-chip index DS30 gained 4.80 points or 2,220.
Of the issues traded, 87 advanced, 14 declined, and 224 remained unchanged.
Legacy Footwear Limited ranked top gainer on DSE, the share price increased by Tk 4.3 paisa or 10.00 percent. On this day, the share was last traded at Tk 47.30 paisa.
On the other hand,Renwick Jagneswar & Co (Bd) Ltd ranked top loser on the DSE, the share price dropped by Tk 15.7 paisa or 2.05 percent. On this day, the share was last traded at Tk 750.10 paisa.
DSE topped on trade Sea Pearl Beach Resort & Spa Limited 30 crores 78 lakh 18 thousand takas of shares of the company have been traded.
A total of 51 companies’ shares were traded in the Block on Dhaka Stock Exchange, 45 lakh 77 thousand 172 shares of the companies were traded. The financial value of which is 36 crore 90 lakh taka.
