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Stock rally carries on


Stock rally carries on
Star Business Report
Star Business Report
The stock market continued to rise for a sixth day yesterday, sans the two-day weekend, while turnover almost doubled thanks to an increase in the participation of investors despite a deterioration of the coronavirus pandemic.
The DSEX, the benchmark index of Dhaka Stock Exchange (DSE), surged by 71 points, or 1.34 per cent, to stand at 5,421.78 yesterday.
Turnover, another important indicator of the market, rose 87 per cent to Tk 1,299 crore.
The scope to make easy money is the most important and biggest reason for the Bangladesh market rally, which is also common in stock markets around the world, said Md Moniruzzaman, managing director of IDLC Investments. ....

Abdullah Quraishi , Mohammad Rahmat Pasha , Robi Axiata , Chittagong Stock Exchange , Dhaka Stock Exchange , Eastern Insurance Company , Beximco Pharmaceuticals , Miracle Industries , Crystal Insurance Company , Provati Insurance Company , Rahmat Pasha , Insurance Company , Anwar Galvanizing , Usmania Glass Sheet Factory , Lankabangla Finance , Continental Insurance , Central Insurance , Sonar Bangla , Stock Exchange , முகமது ரஹ்மத் பாஷா , சிட்டகாங் ஸ்டாக் பரிமாற்றம் , டாக்கா ஸ்டாக் பரிமாற்றம் , கிழக்கு காப்பீடு நிறுவனம் , அதிசயம் தொழில்கள் , படிக காப்பீடு நிறுவனம் , ரஹ்மத் பாஷா ,

Beximco Pharma stocks soar on Sanofi takeover news


Beximco Pharma stocks soar on Sanofi takeover news
Star Business Report
Star Business Report
While investors continued to exhibit a tendency towards profit-booking, stocks of Beximco Pharmaceuticals rose 5.15 per cent to Tk 208.40 yesterday after news broke that it would buy a major stake in Sanofi Bangladesh.
The DSEX, the Dhaka Stock Exchange s (DSE) benchmark index, dropped 20 points, or 0.35 per cent, to 5,815 yesterday.
The local drug company s stock was the most sought-after of the day thanks to the firm s recent announcement that it would buy 54.6 per cent of Sanofi s Bangladesh unit in order to diversify its product base.
The remaining 45.4 per cent shares are owned by the Bangladesh government, according to a disclosure on the DSE website. ....

Bangladesh General , Robi Axiata , Beximco Pharma , Dhaka Stock Exchange , Insurance Company , Eastern Insurance Company , Beximco Pharmaceuticals , Mercantile Insurance Company , Chittagong Stock Exchange , Peoples Insurance Company , Beximco Group , Lankabangla Finance , Shinepukur Ceramics , Eenergypac Power Generation , Nitol Insurance , Shyampur Sugar Mills , Northern Islami , பங்களாதேஷ் ஜநரல் , டாக்கா ஸ்டாக் பரிமாற்றம் , காப்பீடு நிறுவனம் , கிழக்கு காப்பீடு நிறுவனம் , வணிக காப்பீடு நிறுவனம் , சிட்டகாங் ஸ்டாக் பரிமாற்றம் , மக்கள் காப்பீடு நிறுவனம் , ஷியாம்பூர் சர்க்கரை ஆலைகள் , வடக்கு இஸ்லாமி ,