Stocks
BGMEA, KOFOTI Signs to Promote Trade & Investment
BGMEA, The Bangladesh Garment Manufacturers and Exporters Association, signed a memorandum of understanding, MoU with the Korea Federation of Textile Industries, KOFOTI, to promote trade & investment, particularly in the apparel and textile industries, of both countries.
The MoU includes more cooperation in the areas of exchange of information and discussion of trade issues between Bangladesh and South Korea.
The collaboration also seeks to promote direct or joint venture investments from South Korea to Bangladesh in non-cotton textiles, high-end garment items, woven textiles and garments, skills development and innovation.
BGMEA President Faruque Hassan and KOFOTI Chairman Sang Woon Lee signed the MoU in South Korea’s Seoul Monday, 24 October.
“South Korea is one of the emerging markets for Bangladesh in the East Asian region. As we have identified innovation, diversification and technological up-gradation as the key strategic priorities for our future growth, a collaboration between Bangladesh and South Korea is crucial,” Faruque said.
BGMEA Vice-President Shahidullah Azim, Director Asif Ashraf, Korea Trade-Investment Promotion Agency Director General Jong Won Kim, Korea Fashion Industry Association Vice-President Kim Sung Chan, KOFOTI Executive Vice-Chairman Soyoung JOO, Korea Textile Trade Association General Director Jung-kee Lee, DBL Group Managing Director of MA Jabbar and Hams Group Managing Director Md Shafiqur Rahman were also present.
Dhaka Stock Market DSE, Bourse on the last working day of the week, 25th July, ended with a hike in Indices and Turnover from the previous working session. This information is known from DSE sources.
497 crore 34 lakh taka shares were traded on this day. 337 crore 97 lakh more tradings were done in DSE today compared to the previous workday, July 24th, Shares worth Tk 159 crores 37 lakh shares were traded last time, Wednesday.
The benchmark DSEX increased 62.81 points or 5,413 The Shariah-based index DSES added 13.81 points or 1,183 and the blue-chip index DS30 gained by 24.25 points or 1,932.
Of the issues traded, 286 advanced, 66 declined and 40 remained unchanged.
Techno Drugs Limited ranked top gainer on DSE, the share price increased by Tk 3.80 paisa or 9.87 percent. On this day, the share was last traded at Tk 42.30 paisa.
Rangpur Foundry Limited ranked top loser on the DSE, the share price dropped by Tk 5.40 paisa or 2.98 percent. On this day, the share was last traded at Tk 175.70 paisa.
DSE topped on trade is Square Pharmaceuticals PLC 35 crore 9 lakh takas of company shares have been traded.
A total of 28 companies’ shares were traded in the Block on Dhaka Stock Exchange. A total of 82 lakh 94 thousand 29 shares of the companies were traded. The financial value of which is 21 crore 92 lakh taka
One of the listed companies, Eastland Insurance Company Limited discloses its financial reports for the second quarter, (April – June 24).
The company’s earnings per share (EPS) Tk 0.27 paisa in Q2 of the current financial year (April – June 24). EPS was Tk. 0.41 for January-June 2024 as against Tk. 1.47 for the same period last year. EPS was Tk 0.80 paisa during the same period last year. NAV per share was Tk. 20.85 as of June 30, 2024.
One of the listed companies, Shahjalal Islami Bank PLC discloses its financial reports for the second quarter, (April – June 24).
The company’s Consolidated earnings per share (EPS) Tk 1.50 paisa in Q2 of the current financial year (April – June 24). Consolidated EPS was Tk. 1.50 for January-June 2024 as against Tk. 1.47 for the same period last year. EPS was Tk 0.80 paisa during the same period last year. Consolidated NAV per share was Tk. 20.85 as of June 30, 2024.
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