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Category Archives: Stock Business

Asia shares drop, dollar firm

Asian shares were mostly down while the dollar held firm on Thursday after strong US service-sector data and comments from a Fed governor boosted confidence in the economy and fanned expectations of a interest rate hike in September, reports  Japan’s Nikkei .N225 share average rose 0.7 percent at 0227 GMT while South Korea’s Kospi reversed earlier gains to drop ... Read More »

Asian stocks near 2015 lows on China economy worry, dollar strong

An index of Asian shares outside Japan fell close to this year’s lows thanks to a deepening selloff in commodities and concerns over slowing growth in China, while the dollar held its ground against a basket of currencies, reports China’s factory activity shrank more than initially estimated in July, contracting by the most in two years as new orders ... Read More »

China shares continue to fall after massive sell-off

BBC Online Shares in mainland China continued their slide on Tuesday, following a massive sell-off the previous day. The Shanghai Composite fell a further 1.7% to 3,663.00, having sunk 8.5% on Monday – its biggest drop in eight years. China has tried to calm investors by reassuring it will implement prudent monetary policy to stabilise markets. The country’s central bank ... Read More »

NYSE technical issues halt exchange for more than three hours

BBC Online A technical glitch forced the New York Stock Exchange to suspend trading for more than three hours on Wednesday in the biggest outage to strike a US financial market in nearly two years, unnerving investors already rattled by the meltdown in Chinese stocks and the Greek debt crisis. The exchange, a unit of Intercontinental Exchange Inc, said the ... Read More »

Dhaka, Ctg stock exchanges closed from July 15 to 20 for Eid holidays

Stock Desk The capital market in Bangladesh will be closed from July 15 to 20 due to the Eid-ul-Fitr. Dhaka and Chittagong stock exchanges on their websites said the bourses would operate on regular schedule from July 21 after the six-day vacation. After the Eid holidays, stocks will be traded on the floors of DSE and CSE between 10:30am and ... Read More »

Freeze on margin loan rules to continue until Dec 31

The stock market regulator has decided to allow the investors, whose equity has turned negative due to margin loan, to continue transactions with their BO account until Dec 31, reports The Bangladesh Securities and Exchanges Commission in a meeting on Monday, decided to extend the previous deadline of June 30 by another six months. In a statement, the regulatory ... Read More »

Share markets: DSE indices loss, CSE gain Key share price indices at the country’s premier bourse, Dhaka Stock Exchange (DSE) experienced marginal loss while Chittagong Stock Exchange (CSE) gained 30 points on Monday. The DSE benchmark index, DSEX dropped 7.48 points or 0.17 per cent to close at 4503.99 on the day. Of the 311 issues traded, 112 gained, 144 declined and 55 remained unchanged. Shares ... Read More »

DSE turnover hits two-month low Turnover on the Dhaka Stock Exchange (DSE) came down below Tk 4.0-billion mark Sunday, hitting more than two months low as investors were reluctant to inject fresh fund in the market. Daily turnover value stood at Tk 3.08 billion, which was 24 per cent lower than the previous day’s Tk 4.06 billion. It was also more than two month ... Read More »

BD stock market starts week after budget on upbeat note

The stock market has opened the week’s trading on an upbeat mood, sucking in the impact of several incentives proposed in the 2015-16 budget. The benchmark index of Dhaka Stock Exchange (DSE), DSEX, gained 26 points to end the day to 4617 with a Tk 6.4 billion turnover on Sunday. Of the traded issues, 146 moved up, 117 dropped and ... Read More »

Budget stock market-friendly: DSE

Economic Correspondent: Dhaka Stock Exchange (DSE) authorities have thought that the proposed national budget for 2015-16 financial year (FY16) is stock market-friendly. Swapan Kumar Bala, Managing Director of country’s prime bourse DSE, made the disclosure through a press briefing on Sunday. More to follow… Read More »