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, 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
One of the listed companies, Asia Insurance Limited discloses its financial reports for the first quarter, (January – March 24).
The company’s earnings per share (EPS) was Tk 0.37 paisa in Q1 of the current financial year (January – March 24). EPS was Tk 0.21 (restated) paisa during the same period last year. As of March 31, 2024, at the end of the first quarter of the fiscal year, the company’s net asset value (NAV) per share stood at Tk 27.87.
One of the listed companies, Uttara Bank PLC discloses its financial reports for the first quarter, (January – March 24).
The company’s earnings per share (EPS) was Tk 0.77 paisa in Q1 of the current financial year (January – March 24). EPS was Tk 0.75 (restated) paisa during the same period last year. As of March 31, 2024, at the end of the first quarter of the fiscal year, the company’s net asset value (NAV) per share stood at Tk 31.82.
