Stocks
BD offers Highest Return on Investment: BSEC Chairman in response to Al-Jazeera
BSEC Chairman Professor Shibli Rubayat-Ul Islam said that Bangladesh gives the highest return on investment compared to other countries in the global markets.
He address the above information in an interview given to the international news media Al-Jazeera on Monday (March 6) in Doha, the capital of Qatar.
Professor Shibli Rubayat-Ul-Islam gave this interview at the end of the roadshow titled ‘The Rise of Bengal Tiger: Potentials of Trade and Investment in Bangladesh’ at the Investment Summit 2023 in Doha where Prime Minister Sheikh Hasina was present as the chief guest at the investment summit.
BSEC Chairman added, ‘Bangladesh wants to fascinate investments from Qatar. Since Bangladesh gives the highest return on investment compared to other global markets. Presently, Bangladesh is the most suitable place for investment.’
Pointing to the growing trade relationship between Qatar & Bangladesh, BSEC Chairman said that the ties between Bangladesh and Qatar are getting stronger every day. Remittances from Qatar to Bangladesh are increasing rapidly. In the last 24 years, the export-import of goods between Bangladesh and Qatar has increased many times. We hope that the commercial relations between both nations will likely increase due to the information being presented about Bangladesh through today’s event.
Professor Shibli Rubayat-Ul-Islam told, we have signed an agreement to import liquefied natural gas from Qatar to the private sector. Bangladesh’s government also wants to import natural gas and oil from Qatar.
Pointing to the foreign investors, he concluded that there is huge potential for investment in Bangladesh. Many investment opportunities await here and that’s why I am calling on expatriates and foreign investors staying in Qatar to invest in Bangladesh.
Dhaka Stock Market DSE, Bourse on the second working day of the week, 30th September, ended with a negative performance in Indices and a hike in Turnover from the previous working session. This information is known from DSE sources.
503 crore 90 lakh taka shares were traded on this day. 22 crore 58 lakh more tradings were done in DSE today compared to the previous workday, 29th September, Shares worth Tk 481 crores 31 lakh shares were traded last time, Sunday.
The benchmark DSEX lost 33.61 points or 5,624 The Shariah-based index DSES dropped 7.36 point or 1,263 and the blue-chip index DS30 decreased by 9.57 points or 2,053.
Of the issues traded, 72 advanced, 299 declined and 25 remained unchanged.
Shahjibazar Power Company Limited ranked top gainer on DSE, the share price increased by Tk 4.00 paisa or 9.76 percent. On this day, the share was last traded at Tk 45.00 paisa.
Dhaka Electric Supply Company Limited ranked top loser on the DSE, the share price dropped by Tk 1.80 paisa or 7.56 percent. On this day, the share was last traded at Tk 22.00 paisa.
DSE topped on trade is Pragati Life Insurance Limited 25 crore 35 lakh takas of company shares have been traded.
A total of 27 companies’ shares were traded in the Block on Dhaka Stock Exchange. A total of 1 crore 50 lakh 42 thousand 956 shares of the companies were traded. The financial value of which is 65 crore 60 lakh taka
One of the Listed companies, National Polymer Limited has recommended 10.50% Cash Dividend for the year ended June 30, 2024.
It has reported Consolidated EPS of Tk 2.27 paisa, and Consolidated NAV per share of Tk 30.63 for the year ended March 31, 2024.
The Annual General Meeting (AGM) of the company will be held on December 18, through the digital platform. The record date for this has been fixed at October 22.
The Company also discloses its financial reports for the second quarter, (April – June 24).
As per the company’s consolidated life revenue account for April to June 2024, the excess of total income over total expenses, including claims (surplus), stood at Tk 1,394.24 million. This marks a significant increase from the surplus of Tk 823.68 million during the same period in 2023.
For the first half of 2024, from January to June, the company reported a surplus of Tk 2,177.57 million, compared to Tk 1,290.39 million in the corresponding period of the previous year.
Additionally, the Life Insurance Fund balance as of June 30, 2024, reached Tk 55,188.62 million, showing a net increase of Tk 5,892.25 million from Tk 49,296.37 million on June 30, 2023.
One of the Listed companies, Beacon Pharmaceuticals PLC has recommended 20% Cash dividend and 10% Cash Dividend to Sponsor Shareholder and Directors for the year ended June 30, 2024.
It has reported EPS of Tk 2.26 paisa, and NAV per share of Tk. 26.37 for the year ended June 30, 2024.
The Annual General Meeting (AGM) of the company will be held on December 23, through the digital platform. The record date for this has been fixed at October 27.
