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BD offers Highest Return on Investment: BSEC Chairman in response to Al-Jazeera

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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.

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Bullish Market Skyrockets

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dse bourse indices turnover

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

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Eastland Insurance releases Q2 Financials

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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.

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Shahjalal Islami Bank reveals unchanged Q2 Financials

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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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