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Stocks


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H&M shares sink as profits fall

Shares in H&M sank on Thursday after the world’s second-biggest fashion retailer reported a steep drop in quarterly profits and lowered its earnings outlook for the year.

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BSEC moves to upgrade market surveillance system

The Bangladesh Securities and Exchange Commission on Sunday said that it would upgrade its the surveillance system for a better monitoring of the market and the commission sought support from the World Bank to improve the system...

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Stocks gain slightly in past week

Dhaka stocks gained slightly in the past week after decreasing in two consecutive weeks, as a section of investors went for low-priced scrips hoping for quick profits after the price corrections, market operators said...

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World stocks rally

Asian and European stocks markets rallied Thursday, with a record high in Frankfurt, after the Federal Reserve announced a bumper interest-rate cut and pledged further reductions as inflation cools...

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BSEC appoints independent directors to DSE, CSE boards

The Bangladesh Securities and Exchange Commission on Wednesday appointed two independent directors to the board of Dhaka Stock Exchange, and seven independent directors to the board of Chittagong Stock Exchange...

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BSEC to investigate Nafeez’s SEML

The Bangladesh Securities and Exchange Commission has formed a committee to investigate alleged irregularities in Strategic Equity Management Ltd, owned by controversial businessman Chowdhury Nafeez Sarafat and his family members...

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Tariquzzaman resigns as BSEC commissioner

ATM Tariquzzaman, a commissioner of the Bangladesh Securities and Exchange Commission, submitted his resignation letter to the secretary of the Financial Institutions Division on Tuesday...