Todays Capital Market News Clippings. 4 # $ % #&' (&#" Daily Prothom-alo 4 6. %/ Arthosuchak 5 7 0# " " %1% Arthosuchak 5 /#0 9 $!
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1 Todays Capital Market News Clippings June 23, 2016 Sl. No Focus on Bulletin Sources Page No. 1 Stocks ease up after three days Dhaka Tribune 2 2 Airlines charge additional fares as Eid holidays near Dhaka Tribune 2 3 Daily Prothom-alo!" 4 4 # $ % #&' (&#" Daily Prothom-alo 4 5 )# # *+ (,- Arthosuchak 5 6. %/ Arthosuchak 5 7 0# " " %1% Arthosuchak 5 8 $ -&!3 456 %: 8! Arthosuchak 6 9 /#0 9 $!:/;-<& <& 4 '%" = Daily Bonikbarta >? 7 #B (1% -&/0 A> 0" (# 10 8! ( Daily Bonikbarta 8 11 C& ( " # sharebazarnews & $ ' D "E ( : 4)&F sharenews24.com & () $" ( (", sharenews24.com HE E 4I B JK LM sharenews24.com N & O ( (" Daily Janakantha 12 Page 1 of 12
2 1 Stocks ease up after three days Dhaka Tribune Dhaka and Chittagong stock exchanges saw a little rise yesterday after facing ceaseless fall in the past three consecutive trading sessions. DSEX, the broader index of Dhaka Stock Exchange (DSE), ended the fourth session of the week at , only 3.13 points up over Tuesday s close. The Shariah DSES also followed the broader index, with finishing flat in green at The blue-chip DS30, however, was flat in red at close. The selective index ended the day at Chittagong Stock Exchange (CSE) also ended the day in green, with its broader CASPI rising marginally to The daily trade value at DSE was almost static at Tk329 crore, but the trade volume rose marginally to 114.1m shares. At CSE, 8.7m shares changed hands for Tk19.58 crore. Majority of the issues traded advanced on DSE on the day. Out of the traded 321 issues, 140 ended higher when 120 were down. Similarly, 117 securities gained on CSE against 90 lagging ones. The market moved up marginally on moderate rise in the large-cap securities from bank and cement sectors. The falling trend in other major sectors, however, continued as investors remained cautious. The major losing sectors of the day were fuel and power, pharmaceutical and food and allied when the major lagging issues included Zeal Bangla, GHCL, Savar Ref, Meghna Condense Milk and Apex Food. The gainers were DSSL, Delta Spinning, Central Pharmaceuticals, MHSML and Safko Spinning. Acme Lab topped the turnover leaders followed by OAL, NFML, Squire Pharma and DSSL. 2 Airlines charge additional fares as Eid holidays near Dhaka Tribune On the occasion of the upcoming Eid-ul-Fitr, most of the local airlines have been charging extra fares, causing immense sufferings to the frequent travellers. In some cases, airlines management are charging almost double fares comparing with the regular ones. All the airlines have started selling their tickets with double price on their tickets in between June 20 to July 5, alleged regular passengers of different airlines. Passengers of different airlines told the Dhaka Tribune that all the local airliners had also imposed unfair and unjust airfares on their passengers. Ashikur Rahman, a regular passenger of Jessore route, said: I am used to travel frequently to Jessore for business purpose. But this time, all the airlines imposed double fare to make extra bucks, which is very much unfortunate. Page 2 of 12
3 Amiruzzaman, another regular passenger of Jessore route, also came up with the same problem. He said: An AC bus service in between Dhaka and Khulna route is charging an additional Tk200 while airliners are charging almost double ahead of Eid. It is true that the transport owners will incur loss while their buses will return to Dhaka with empty seats. Airlines will also face the same problem in their return flights. But, the bus owners additional charge is much lesser than the airfare, opined Amiruzaman. Industry insiders alleged that the state-run Biman Bangladesh Airlines is also involved in unfair competition by increasing its fair along with the other private airlines. At least Biman should give some discount on airfares ahead of Eid. Rather, they engaged with unhealthy competition with other private airlines, though it s a 100% government s organisation, said Sabbir Hasan, a regular passenger of Dhaka-Chittagong and Sylhet routes. Rejecting the allegation, Sohail Majid, head of Marketing and Sales, Novoair said: The management of the airlines didn t increase regular airfare in any routes because of Eid. As the lowest airfare tickets are sold out, passengers are to buy the higher fare tickets. Kamrul Islam, deputy general manager (DGM) of US-Bangla Airlines told the Dhaka Tribune that the sales department of the airlines was selling the tickets according to segment system. Now, we don t have any more the lowest segment tickets as they are sold out. Only higher segment tickets still remain available. That is why most of the passengers facing this problem while purchasing tickets, he explained. However, all the airlines have announced a special discount offer for the return flight before and after Eid to attract the passengers. As there are less Dhaka bound passengers now just before Eid, all the airlines have offered a ticket in between Tk1,880 and Tk2,000. The same offer will remain open from July 8 to 14 from Dhaka to different destinations. US-Bangla airlines announced a discount fare at Tk1,999 from July 1 to 7 from Jessore-Dhaka, Rajshahi-Dhaka, Barisal-Dhaka, Syedpur-Dhaka destinations while this fare would be applicable from July 8 to 14. Novoair also announced the discount official fare at Tk1,800 on the same routes while Biman offered Tk2, 000 on the same routes. On the holy occasion of Eid, additional flights will be introduced in 5 domestic routes by Novoair. The 5 routes are-saidpur, Jessore, Cox s Bazar, Rajshahi and Barisal. Page 3 of 12
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12 : # P &L"8 LM B[ & 43 U B[ W# (" '%. (. "E VO '$ ( ' $ # (" &% QU "E '$ 15 N & O ( (" Daily Janakantha y < M (#) N & /P (& D (f ( (" '% (ft" (& (. "E D '$ ( (" % : ) &L"8 %" O ( O "E # Ll )8 $ (% $ (%, /P M ( ( (" % #"& 8!!" "& 8! (& UD "E ( (" % : ) &L"8 %" ( OO "E &" 5!. "E ( (" " 3 % (f Q ( O "E ( (" % # "E D '$ ( (" " A 3 % (f D ( "E ( (" % %1 (& 0& "E W ( D '$ ( (" % Disclaimers: All news of the webpage is collected from different daily newspapers of Bangladesh & presented for information purposes only. We can't guarantee the accuracy of the information contained. SJIBSL will not be responsible for any consequences that might arise from the use of the information available on this website. If you encounter questionable material in sites to which we have linked, please us and we will consider removing the link. Page 12 of 12
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