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Businesses' worry over interest instability prompts the central bank to weigh playing the morality card to peg bank lending rate within 14 per cent, in an exigent paradigm shift. Officials say the Bangladesh Bank (BB) is now considering applying 'moral suasion' on the commercial banks to keep the maximum lending rate within 14 per cent on the money market.

Market ends the day in red for the 6th consecutive day. The broad market DSEX index went down by 37.63 points (-0.69%) to close at 5,393.65 points at the day's end. Market movement today was driven by negative changes in the market cap of Travel & Leisure, Food & Allied, and Financial Institutions scrips amid positive change in the market cap of Jute.

The government has approved the Annual Development Programme of BDT 2.65 tn for fiscal 2024-25. The decision was made in a meeting at the National Economic Council in Dhaka today, presided over by Prime Minister Sheikh Hasina.

Market starts the week in red. The broad market DSEX index went down by 86.14 points (-1.56%) to close at 5,431.28 points at the day's end. Market movement today was driven by negative changes in the market cap of Travel & Leisure, Paper & Printing, and Bank scrips.

It is to be noted that the auction of 10-Year Treasury Bond will take place on 21st May 2024. You can participate in the auction by contacting our customer service.

Hongkong and Shanghai Banking Corporation Limited in Bangladesh organised an event on Sunday titled ‘HSBC Economic Outlook: A Perspective on Bangladesh’ highlighting the latest global and Asian market developments and sharing a perspective on Bangladesh. HSBC expects Bangladesh’s GDP growth of 5.9 per cent for this coming fiscal year, and 6.3 per cent for fiscal year thereafter. Frederic added that the average incremental GDP in the next four years would be over USD 60 bn which is more than the predicted incremental GDP of many other Asian peer.

Market closes in red amid an increase in turnover. The broad market DSEX index went down by 9.98 points (-0.18%) to close at 5,517.42 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 Life Insurance, Food & Allied, and Cement scrips.

Market closes the third consecutive week in negative. The broad market DSEX index went down by 143.63 points to close at 5,517.42 (-2.54%) points at the day's end. Market movement this week was driven by negative changes in the market cap of Pharmaceuticals & Chemicals, Bank, and Food & Allied scrips amid positive changes in the market cap of Fuel & Power, Life Insurance, and Financial Institutions scrips.

Prime Minister Sheikh Hasina has directed the National Board of Revenue (NBR) not to increase taxes on food, agro-related items, and fertilisers in the upcoming budget. Given the country's high food inflation while the NBR plans to reduce corporate tax for non-listed companies by 2.5% to 25%, with conditions requiring transactions through banking channels.

Market ends in red for the third consecutive trading session. The broad market DSEX index went down by 58.22 points (-1.04%) to close at 5,527.40 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 Life Insurance, Mutual Fund, and Fuel & Power scrips.

The World Bank has opened a new financing window that will enable Bangladesh to access 10% of the undisbursed amount of its loan portfolio with the global lender for emergency use during a crisis. The amount would be USD 847 mn if the volume of pledged loans in the pipeline for the last fiscal year is considered, officials of the Economic Relations Division (ERD) estimated.

Market ends in red amid decline in turnover. The broad market DSEX index went down by 81.14 points (-1.43%) to close at 5,585.62 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 Bank and miscellaneous scrips.

High-level negotiations may take off within days for signing a multidimensional cooperation deal called Economic Partnership Agreement (EPA) between Bangladesh and Japan principally to boost the bilateral trade. Bangladesh is expecting to strike the EPA with Japan by December 2025 capping the process that got underway with a joint study group (JSG) report released in 2023.

Market ends in red. The broad market DSEX index went down by 29.96 points (-0.53%) to close at 5,666.76 points at the day's end. Market movement today was driven by negative changes in the market cap of Travel & Leisure, Bank, and Jute scrips amid positive changes in the market cap of Financial Institutions, Paper & Printing, and General Insurance scrips.

Bangladesh is likely to receive Euro 232.5 mn more in loans and grants from Germany mainly for promotion of renewable energies and to fight against climate change impacts. Under the Bangladesh-German Development Cooperation Negotiations 2024, Germany has offered Euro 232.5 mn (equivalent to over BDT 27.0 bn) in assistance, according to officials in the Economic Relations Division (ERD).