Stock

Price hikes of large-cap stocks help market to open higher

Price hikes of large-cap stocks help market to open higher

Stocks witnessed a positive trend in the early hours of trading on Sunday as bargain hunters favoured taking positions in lucrative issues in anticipation of a potential turnaround. Price hikes of large-cap stocks such as BAT Bangladesh, GP, Power Grid, Square Pharma and Walton helped the market t

Stocks end higher after reappointment of BSEC chief

Stocks end higher after reappointment of BSEC chief

Stocks ended higher on Sunday, snapping a recent bearish vibe, as the news of the reappointment of the stock market regulator chairman has boosted the investors’ confidence to some extent. Professor Shibli Rubayat-Ul Islam has been reappointed as the chairman of the Bangladesh Securities and

3 held for spreading capital market misinformation

3 held for spreading capital market misinformation

Three people involved in spreading wrong information about the country’s capital market using social media platforms have been arrested by the special branch of Dhaka Metropolitan Police (DMP). Chief of DMP’s Detective Branch (DB) Harun-or-Rashid disclosed the information on Satur

Strong dollar, higher costs eat into JMI Syringes profit

Strong dollar, higher costs eat into JMI Syringes profit

JMI Syringes & Medical Devices' net profit plunged by 54 per cent year on year to Tk 15.12 million in nine months through March this year owing to strong dollar and higher import costs. The supplier of medical equipment, especially syringes, to the government, had made a Tk 32.53 million pro

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