Stocks
BSEC, BIDA to hold Roadshow in Japan after Eid
BSEC: The Bangladesh Securities and Exchange Commission and BIDA: Bangladesh Investment Development Authority are engaging to hold a roadshow in Japan to reach out to non-resident Bangladeshi investors and attract foreign investment.
The roadshow, titled “The Rise of the Bengal Tiger: Potentials of Trade and Investment in Bangladesh,” will be held on 27 April at the Westin Ballroom Tokyo.
Prime Minister Sheikh Hasina is scheduled to attend the programme which will be chaired by BSEC Chairman Professor Shibli Rubayat-Ul-Islam.
The roadshow will bring together various groups of people, including dignitaries, delegates, investors, and business leaders from both Bangladesh and Japan, with the goal of building sustainable growth partnerships.
According to sources in the BSEC, the Japan External Trade Organisation and the Japan-Bangladesh Committee for Commercial and Economic Cooperation will jointly organise the show.
Besides ministers, advisers to the prime minister, and government authorities, business leaders from various sectors will also be included in the Bangladesh delegation.
Prior, the roadshow was scheduled for November, but it was cancelled at the last minute.
The BSEC is organising roadshows in different countries of the world to attract foreign investment and encourage NRBs to invest in Bangladesh. In line with that, the roadshow is now being organised in Japan.
Roadshows are attended by various institutional and individual investors and stakeholders.
The attendees are briefed on the investment opportunities in Bangladesh, various development activities, investment-friendly policies of the government, the situation of the capital market, the overall economy of Bangladesh, and the cooperation of the government on foreign direct investment.
In addition, various investment-related information is presented to make expatriates interested in investing in the capital market.
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.
