Stocks fall for sixth straight day
Shares on the Dhaka Stock Exchange (DSE) fell for the sixth consecutive day yesterday thanks mainly to the price erosion of several large-cap scrips.
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Shares on the Dhaka Stock Exchange (DSE) fell for the sixth consecutive day yesterday thanks mainly to the price erosion of several large-cap scrips.
The key stock index in Bangladesh dropped 1.52 percent yesterday, the first trading session after the floor price restrictions for all except 35 companies were lifted, amid nervousness among investors.
In a filing on the Dhaka Stock Exchange, Shepherd Industries said its board has decided to hold an extraordinary general meeting to approve the draft scheme of amalgamation/merger.
The stock market is witnessing a rise in foreign investments as the dollar market in Bangladesh started to become stable after months of volatility. According to Dhaka Stock Exchange (DSE) data, foreign investors bought more shares than they sold in April this year, which increased their net investment in the market to Tk81 crore compared to just Tk3 crore in March.
Shepherd Industries Limited has decided to change its name to Shepherd Industries PLC.