Tag Archives: Stock

Energypac Power Generation Ltd. to enter securities market

Energypac Power Generation Limited

MNA Business Desk: Energypac Power Generation Limited has received approval for the initial public offering (IPO) through the book-building process. The securities regulator Bangladesh Securities and Exchange Commission (BSEC) it its 734th commission meeting gave the approval for fixing the company’s cut-off price through electronic bidding with BSEC chairman Shibli Rubayat Ul Islam in the chair, according to a press release. Through IPO, Energypac will raise BDT 150 crore from the capital market. The IPO proceeds will be used to expand the LPG business, repay bank loans and meet the cost of the IPO process. According to the consolidated financial ...

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Indian stock market crashes on travel ban, visa suspensions


MNA Business Desk: The Indian stock market crashed on Thursday morning following incessant selling by investors on the United States imposing travel bans as well as India suspending visas amid rising number of COVID-19 cases. At 12:30 pm local time, India’s benchmark indices Sensex and Nifty were down 7.2 per cent each or 2,196 points and 660 points respectively after touching a 23-month and 17-month low, respectively earlier in the day as 148 billion US dollars worth of investor wealth was wiped out. Sensex hit an intra-day low of 32,990.01, a level last seen on April 4, 2018 while Nifty ...

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Enough salt in stock: BSCIC


MNA National Desk: The government today urged all not to get confused with misleading information over salt stock and price being spread by an unscrupulous group saying the current salt reserve is much more than the country needs. “There’s no shortage of salt. At present, the salt stock in the country is much higher than the demand,” said Chairman of Bangladesh Small & Cottage Industries Corporation (BSCIC) Md Mostaque Hassan. He said an unholy syndicate is trying to reap benefits by spreading misleading information through online media. “The people of the country are requested not to get confused.” The BSCIC ...

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Stock markets continue to experience freefall


MNA Business Desk: The core index of the Dhaka bourse fell 133 points or 2.21 per cent on Sunday, the biggest single-day freefall in the last 55 months, as nervous investors sold shares in bulk, fearing further decline. However, it terms of percentage, Sunday’s fall is the 32 months highest fall as DSE core index fell 98 points or 2.34 per cent on April 26, 2015. Market operators said growing political tension coupled with fears of liquidity shortage due to the central bank’s latest directive to slash the limit of banks’ advance-deposit ratio (ADR) kept most of the investors at ...

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The effective ways of trading stock in market


MNA Life Style Desk: As the economy is going down, a stock trader’s life is getting harder. However, a great stock trader will always find a way to make money through stock trading. The more you know about the trading market, the easier it gets for you to make money from it. That’s why even when the economy is not doing so well, a great stock trader will always know what to do, and will also make sure that he’s, or she’s, making profits on his or her invested money. Trading stocks To be able to start trading stocks, you’ll ...

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DSE and CSE restarted downward after Eid


MNA Business Desk: Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) has restarted on Sunday downward as maximum of the stockholders were in selling mode, capturing share price fall in the days ahead. The price directories locked flat when the bourses saw small level of transactions by the cautious buyers. Stock market shut pre-Eid transaction on 30 June upward, upholding a sound rise for the fourth successive session. There were no share exchange at Dhaka and Chittagong stock exchanges in the past nine days as the market stayed locked for Eid-ul-Fitr. DSE initiated the post-Eid period with sharp fall ...

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Share Market – Protecting The Investors


MNA Feature Desk: In the Share Market of Bangladesh, protecting the investors has been a long term issue. During the early ‘90s, the Bangladeshi citizens, who were deprived of employment opportunity and wanted to do some sort of business, received a huge opportunity in the form of Stock Market or commonly known as share market. Many people rushed to invest at Dhaka Stock Exchange and very soon the business of securities exchange became a very prominent sector. Thousands of investors were able to pull handsome amount of profit from this business as many were able to establish themselves in the ...

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