Budget hopes propel DSEX above 5,500-mark
The benchmark index of the Dhaka Stock Exchange (DSE) surpassed the 5,500-point level for the first time in three and a half months this week, driven by investor optimism over capital market-friendly proposals in the national budget, despite heavy selling pressure following the withdrawal of floor prices on two major...
Read more
FY27 budget measures to boost capital market: DSE
The Dhaka Stock Exchange (DSE) has welcomed a series of initiatives proposed in the national budget for fiscal year 2026-27, saying the measures would help develop the country's capital market and create a more investment-friendly environment.Finance Minister Amir Khosru Mahmud Chowdhury on Thursday proposed several measures considered broadly positive for...
Read more
EM assets rise on Iran peace deal prospects
Emerging market (EM) assets gained on Friday after US President Donald Trump signalled a deal to end the Iran war could be signed as soon as this weekend, reports Reuters. The prospects of an imminent end to the three-month-old conflict pushed oil prices to a two-month low, somewhat easing concerns...
Read more
BRAC BANK SHAREHOLDERS APPROVE 30PC DIVIDEND
BRAC Bank PLC held its 27th Annual General Meeting (AGM) on a virtual platform on Thursday. At the AGM, the shareholders approved a 30% dividend -- 15% in cash and 15% in stock -- for the year 2025. Presided over by BRAC Bank Chairperson Meheriar M. Hasan, the AGM was...
Read more
EBL approves 28pc dividend at 34th AGM
Eastern Bank PLC (EBL) held its 34th Annual General Meeting (AGM) on a digital platform on Thursday. The AGM approved a 28% dividend -- 25% cash and 3% stock dividend -- for the year ended December 31, 2025. EBL Chairman Md. Showkat Ali Chowdhury presided over the AGM attended by...
Read more
UCB HOLDS 43RD ANNUAL GENERAL MEETING
United Commercial Bank PLC (UCB) held its 43rd Annual General Meeting (AGM) at Kurmitola Golf Club in the capital on Thursday. UCB Chairman Sharif Zahir presided over the meeting attended by Independent Director and Vice Chairman Md. Shazzad Hossoin, Director and Chairman of the Executive Committee Md. Tanvir Khan, Independent...
Read more
Global equity funds draw third weekly inflow as investors buy the dip
Global equity funds drew inflows for a third straight week, as investors used a market selloff to add exposure to technology stocks on expectations the AI-driven rally will continue, reports Reuters.Investors bought a net $3.32 billion of global equity funds in the week through June 10, compared with $21.12 billion...
Read more