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Insurance leads stocks' gain | The Daily Star

Insurance leads stocks’ gain
Star Business Report
Star Business Report
Insurance stocks led the capital market yesterday thanks to a regulatory order to abide by rules, including maintaining the minimum paid-up capital requirement.
The DSEX, the Dhaka Stock Exchange s (DSE) benchmark index, rose 19 points, or 0.32 per cent, to 5,820 yesterday.
Among the listed 49 insurance stocks, 46 advanced and the rest remained unchanged.
The Insurance Development and Regulatory Authority (IDRA) issued an order on January 17 asking all insurance companies to raise sponsor shareholdings to 60 per cent and maintain a minimum paid-up capital of Tk 30 crore to 40 crore.
The regulator also asked them to inform of compliance within 30 working days. ....

Robi Axiata , National Bank , Dhaka Stock Exchange , Beximco Pharmaceuticals , Padma Oil Company , Chittagong Stock Exchange , Insurance Development , Regulatory Authority , Dhaka Electric Supply Company Desco , Eenergypac Power Generation , Summit Power , Oil Company , Delta Spinners , Dhaka Electric Supply Company , Zeal Bangla Sugar , தேசிய வங்கி , டாக்கா ஸ்டாக் பரிமாற்றம் , பத்மா எண்ணெய் நிறுவனம் , சிட்டகாங் ஸ்டாக் பரிமாற்றம் , காப்பீடு வளர்ச்சி , ஒழுங்குமுறை அதிகாரம் , உச்சிமாநாடு பவர் , எண்ணெய் நிறுவனம் , டெல்டா ஸ்பின்னர்கள் , டாக்கா மின்சார விநியோகி நிறுவனம் , வைராக்கியம் பங்களா சர்க்கரை ,

Nearly half the state-run entities running at a loss

The seven loss-incurring companies deal with producing sugar, motorcycles, hotel services, cables and glass sheets.
A big number of government run companies are not giving any dividends for many years so the stocks are providing nothing to their investors, said stock investor Abdul Alim.
Renwick Jajneswar and Usmania Glass did not provide any dividend for the last two years.
Moreover, Shyampur Sugar and Zeal Bangla Sugar have not paid any dividends in at least for the past two decades, the DSE data shows.
The state-run sugar mills are 60 years old but their economic lifespan ended at least 30 years ago, said Sanat Kumar Saha, chairman of the Bangladesh Sugar and Food Industries Corporation (BSFIC). ....

Bangladesh General , Abu Ahmed , Abdul Alim , Renwick Jajneswar , Sanat Kumar Saha , Meghna Petroleum , Dhaka Stock Exchange , Padma Oil , Food Industries Corporation , Rupali Bank , Jamuna Oil , Bangladesh Shipping Corporation , National Tubes , Usmania Glass , Shyampur Sugar , Zeal Bangla Sugar , Bangladesh Sugar , Zeal Bangla , Titas Gas , Bangladesh Submarine , Eastern Lubricants , Prof Abu Ahmed , பங்களாதேஷ் ஜநரல் , அப்துல் ஆலிம் , ரென்விக் ஜஜ்னேஸ்வர் , சனத் குமார் சஹா ,