Appollo Ispat drowning in loans
Appollo Ispat Complex Limited, producer of the renowned “Rani Marka Dheu Tin” brand of corrugated iron sheets, is drowning in loans with production shut for over two years.
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Appollo Ispat Complex Limited, producer of the renowned “Rani Marka Dheu Tin” brand of corrugated iron sheets, is drowning in loans with production shut for over two years.
The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), inched up 6 points, or 0.1 per cent, to close at 6,325.
The Bangladesh Securities and Exchange Commission (BSEC) has fined three individuals and one cooperative Tk 2.40 crore for manipulating stocks of an insurance company to gain Tk 10.22 crore.
Stocks plunge 2.5pc on panic sales Star Business Report Star Business Report The key index of the Dhaka Stock Exchange (DSE) nosedived more than 2.53 per cent yesterday due to pressure stemming from panic sales by general investors. The DSEX fell 142 points to 5,504.78, the lowest in one and a half months. "Maybe people have lost confidence although there is no reason for losing faith in the market," said Sharif Anwar Hossain, president of the DSE Brokers Association. "The market is falling as some investors sold off shares and others are following ...