BSEC Extends Margin Loan Coverage for 6 Listed Companies

Mercantile Bank PLC, listed on the stock market, has declared a 10% cash dividend for investors for the fiscal year ending December 31, 2023. The bank's earnings per share (EPS) decreased by 12.26% to Tk 1.86, compared to Tk 2.12 in the previous fiscal year. As of December 31, 2023, the bank's net asset value per share (NAVPS) stood at Tk 23.91, up from Tk 23.71 in the previous year. Additionally, the bank's

MJL Bangladesh Plc, Corporate Director of Prime Bank Plc, has disclosed plans to purchase 2,02,00,000 shares of Prime Bank from the block market of Dhaka Stock Exchange (DSE) within 30 working days at prevailing market prices, as per DSE sources. Prime Bank, with an authorized capital of Tk 2,500 crore and a paid-up capital of Tk 1,132,280,000, boasts a reserve of Tk 1,963,590,000. The bank's total shares amount

In a landmark achievement, Dutch-Bangla Bank reported a historic profit in 2023, crossing the Tk800 crore milestone for the first time. The bank disclosed a remarkable profit of Tk801 crore, showcasing a remarkable 42% surge from the preceding year. Notably, its earnings per share escalated to Tk10.72 compared to Tk7.57 in the prior year. Reflecting its robust performance, the bank proposed a generous 17.50%

Aamra Networks Ltd, a prominent IT solutions provider, witnessed a notable 39% year-on-year upswing in revenue from its IT support and software segment during the initial nine months of the ongoing fiscal year. Despite a modest 8% overall revenue growth, the company experienced a commendable 11.91% surge in net profit compared to the same period last fiscal year. While revenue from internet and Wi-Fi

The stock market regulator has instructed both the Dhaka and Chattogram bourses to freeze shares owned by sponsors and directors of Achia Sea Foods Ltd due to allegations of providing misleading information about their shareholding. The company's shares held by sponsors and directors surged from 30.69% to 46.60% between June 2023 and December without any declared transactions, prompting the Bangladesh

The Dhaka Stock Exchange (DSE) is heavily reliant on the pharmaceutical sector, which accounted for 20% of total transactions. Despite 291 companies being traded, the pharmaceutical industry's turnover exceeded Tk 103 crore, representing over 19% of the DSE's total turnover. Notably, no other sector surpassed Tk 100 crore in turnover. While textiles and food sectors also saw activity, the pharmaceutical sector's