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BGMEA, KOFOTI Signs to Promote Trade & Investment

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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.

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Indices Dips Amidst Turnover Surge in DSE

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Bourse dse turnover indices stock market

Dhaka Stock Exchange DSE, Bourse on the last working day of the week, 16th May, ended with a drop in Indices and hike in Turnover from the previous working session. This information is known from DSE sources.

676 crore 79 lakh taka shares were traded on this day. 150 crore 46 lakh more tradings were done in DSE today compared to the previous workday, 15th May , Shares worth Tk 526 crores 33 lakh shares were traded last time, Wednesday.

The benchmark DSEX lost 9.98 points or 5,517 The Shariah-based index DSES dropped 0.80 points or 1,212, and the blue-chip index DS30 decreased by 3.79 points or 1,973.

Of the issues traded, 122 advanced, 215 declined and 57 remained unchanged.

MBL 1st Mutual Fund ranked top gainer on DSE, the share price increased by Tk 0.50 paisa or 10 percent. On this day, the share was last traded at Tk 5.50 paisa.

Sonali Paper & Board Mills Limited ranked top loser on the DSE, the share price dropped by Tk 11.80 paisa or 3.00 percent. On this day, the share was last traded at Tk 382.50 paisa.

DSE topped on trade is Asiatic Laboratories Limited 46 crore 23 lakh takas of company shares have been traded.

A total of 43 companies’ shares were traded in the Block on Dhaka Stock Exchange. A total of 3 crore 22 lakh 1 thousand 792 shares of the companies were traded. The financial value of which is 49 crore 85 lakh taka

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Indices Negative, Sluggish Turnover: DSE Insights

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turnover dse index bourse stock indices

Dhaka Stock Exchange DSE, Bourse on the fourth  working day of the week, 15th May, ended with a drop in Indices and Turnover from the previous working session. This information is known from DSE sources.

526 crore 33 lakh taka shares were traded on this day. 138 crore 3 lakh less tradings were done in DSE today compared to the previous workday, 14th May , Shares worth Tk 664 crores 36 lakh shares were traded last time, Tuesday.

The benchmark DSEX lost 58.22 points or 5,527 The Shariah-based index DSES dropped 12.79 points or 1,212, and the blue-chip index DS30 decreased by 14.14 points or 1,977.

Of the issues traded, 61 advanced, 301 declined and 33 remained unchanged.

Reliance One the first scheme of Reliance Insurance Mutual Fund ranked top gainer on DSE, the share price increased by Tk 1.50 paisa or 8.77 percent. On this day, the share was last traded at Tk 18.60 paisa.

Bay Leasing & Investment Limited ranked top loser on the DSE, the share price dropped by Tk 0.30 paisa or 3.00 percent. On this day, the share was last traded at Tk 9.70 paisa.

DSE topped on trade is Alif Industries Limited 19 crore 21 lakh takas of company shares have been traded.

A total of 45 companies’ shares were traded in the Block on Dhaka Stock Exchange. A total of 68 lakh 31 thousand 91 shares of the companies were traded. The financial value of which is 37 crore 38 lakh taka

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Indices Dips 2nd Day Straight, Leading 343 Companies Fall

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dse bourse indices turnover stock market

Dhaka Stock Exchange DSE, Bourse on the third working day of the week, 14th May, ended with a drop in Indices and Turnover from the previous working session. This information is known from DSE sources.

664 crore 36 lakh taka shares were traded on this day. 17 crore 86 lakh less tradings were done in DSE today compared to the previous workday, 9th May , Shares worth Tk 968 crores 2 lakh shares were traded last time, Monday.

The benchmark DSEX lost 81.14 points or 5,585 The Shariah-based index DSES dropped 15.76 points or 1,225, and the blue-chip index DS30 decreased by 26.04 points or 1,991.

Of the issues traded, 31 advanced, 343 declined and 25 remained unchanged.

Reliance One the first scheme of Reliance Insurance Mutual Fund ranked top gainer on DSE, the share price increased by Tk 1.50 paisa or 9.55 percent. On this day, the share was last traded at Tk 17.10 paisa.

Union Insurance Company Limited ranked top loser on the DSE, the share price dropped by Tk 4.00 paisa or 9.32 percent. On this day, the share was last traded at Tk 38.90 paisa.

DSE topped on trade is eGeneration Limited 28 crore 18 lakh takas of company shares have been traded.

A total of 45 companies’ shares were traded in the Block on Dhaka Stock Exchange. A total of 74 lakh 95 thousand 900 shares of the companies were traded. The financial value of which is 34 crore 92 lakh taka

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