Services

Six commissions for reforms in vital state institutions and the national constitution have been formed for rebuilding Bangladesh as a people's ownership-based equitable country, Chief Adviser Prof Muhammad Yunus said Wednesday.

Bangladesh could get USD 3 bn in budgetary support under an Asian Development Bank (ADB) and World Bank (WB) arrangement for energy and power sector reforms and the upcoming status graduation from a least developed country (LDC) to a developing nation in 2026.

Market stays positive amid mixed trends. The broad market DSEX index went up by 11.13 points (0.20%) to close at 5,713.96 points at the day's end. Market movement today was driven by positive changes in the market cap of Paper & Printing, Jute, and Travel & Leisure scrips amid negative changes in the market cap of Life Insurance, Financial Institutions, and Food & Allied scrips.

Foreign-exchange reserves fall further as Bangladesh clears due import payments worth to USD 1.37 bn through the Asian Clearing Union (ACU), but officials dispel any worry about this. After the clearance of import liabilities, the country's gross forex reserves dropped below USD 20 bn mark to USD 19.46 bn as on September 08, 2024 in accordance with the BPM6 calculations of the International Monetary Fund (IMF).

Market snaps the 6-day losing streak. The broad market DSEX index went up by 73.29 points (1.30%) to close at 5,702.83 points at the day's end. Market movement today was driven by positive changes in the market cap of Travel & Leisure, Paper & Printing, and Bank scrips amid negative changes in the market cap of Financial Institutions, Cement, and Services & Real Estate scrips.

Inflation eased in August but remained at over 10%, as higher prices of goods and services continued to strain the purchasing power of consumers. Last month, Consumer Price Index (CPI), which measures changes in the prices paid by consumers over time, stood at 10.49%, according to data released by the Bangladesh Bureau of Statistics (BBS).

DSEX continues to fall, hitting lowest point in 11 days. The broad market DSEX index went down by 49.77 points (-0.88%) to close at 5,629.54 points at the day's end. Market movement today was driven by negative changes in the market cap of Bank, Paper & Printing, and Life Insurance scrips amid positive change in the market cap of Travel & Leisure.

The interim government, led by Chief Adviser Prof Muhammad Yunus, marks completion of one-month honeymoon period on Sunday with a number of decisions taken so far on the reforms front, while more needs to be done on restoring law and order and restoring full public confidence.

Market opens the week lower. The broad market DSEX index went down by 49.34 points (-0.86%) to close at 5,679.31 points at the day's end. Market movement today was driven by negative changes in the market cap of Travel & Leisure, Paper & Printing, and Life Insurance scrips amid positive changes in the market cap of Jute and Treasury Bond.

The Bangladesh Bank has decided to increase the policy rate to 10% in the coming months and also form three separate task forces with local and foreign experts for ensuring the central bank's autonomy and asset recovery against defaulted loans.

Market falls for the 4th consecutive session following potential policy rate hike. The broad market DSEX index went down by 10.42 points (-0.18%) to close at 5,728.65 points at the day's end. Market movement today was driven by negative changes in the market cap of Travel & Leisure, Paper & Printing, and Financial Institutions scrips amid positive changes in the market cap of Bank and Fuel & Power scrips.

Market closes the week in red amid flat turnover. The broad market DSEX index went down by 75.77 points to close at 5,728.65 (-1.31%) points at the day's end. Market movement this week was driven by negative changes in the market cap of Bank, Textile, and Engineering scrips amid positive changes in the market cap of Miscellaneous, Life Insurance, and Fuel & Power scrips.

Market continues to fall as large cap stocks lose market cap. The broad market DSEX index went down by 47.45 points (-0.82%) to close at 5,739.07 points at the day's end. Market movement today was driven by negative changes in the market cap of Travel & Leisure, Bank, and Financial Institutions scrips amid positive changes in the market cap of Fuel & Power and Services & Real Estate scrips.

Dhaka Elevated Expressway (DEE), the country's first road-access-control infrastructure, celebrated one year of inauguration on Tuesday, recording 12.7-million traffic during the period with domination of the lowest-toll-charged vehicles.

Market falls for the 2nd consecutive trading session. The broad market DSEX index went down by 17.19 points (-0.30%) to close at 5,786.52 points at the day's end. Market movement today was driven by negative changes in the market cap of Travel & Leisure, Bank, and Life Insurance scrips amid positive changes in the market cap of Paper & Printing, Engineering, and Jute scrips.