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 Exchange DSE, Bourses on the first working day of the week, April 2, ended with price index hikes & turnover drops.
This information is known from DSE sources.
666 crores 83 lakh shares were traded in DSE on this day. 531 crores 83 lakhs more trading was done in DSE today compared to the previous workday, 30 March, Shares worth Tk 666 crores 83 lakh shares were traded in DSE last time, Thursday.
Of the issues traded, 83 advanced, 46 declined, and 195 remained unchanged.
On the other hand, Miracle Industries Ltd ranked top loser on the DSE, the share price dropped by Tk 1.5 paisa or 5.38 percent. On this day, the share was last traded at Tk 26.40 paisa.
DSE topped on trade Genex Infosys Limtied 36 crores 98 lakh 2 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, 61 lakh 34 thousand 273 shares of the companies were traded. The financial value of which is 30 crore 30 lakh taka.
One of the listed companies, Standard Ceramic Industries Limited, discloses its financial reports for the second quarter, (October-December 22). This source is known from DSE.
The company’s earnings per share (EPS) was loss Tk 1.33 paisa in Q2 of the current financial year. EPS was loss Tk 4.33 paisa during the same period last year. As of December 31, 2022, net asset value (NAVPS) was Tk 2.33 paisa.
The company reported EPS has been decreased due to reduction in sales and gross profit.
/NR
South Asian Bourse or Stock Markets saw growth last week. Among them, the hike was in the stock markets of India and Pakistan.
A review of South Asian markets shows that India’s Bombay Stock Exchange (BSE) index BSE Sensex has hiked 1,464 points during the week. At the end of the week, the index stood at 58,991 points. On the other hand, the Nifty-50 index of the country’s National Stock Exchange rose by 414 points last week. At the end of the week, the index stood at 17,359 points.
Pakistan Stock Exchange Index ‘KSE 100’ earned 58 points last week. After a week of gaining, the index settled at 40,000 points.
On the hand The Sri Lankan stock market hiked, the Colombo Stock Exchange index ‘ASPI’ lost 118 points in a week. After a week the index settled at 9,301 points.
Bhutan’s stock market index ‘BSI’ hiked by 68 point and the index stood at 1,195 points throughout the whole week. Nepal’s ‘NEPSE’ lost 7 points last week, as the index stands at 1,908 points.
