Bangladesh

APEXTANRY News:    The company has informed that the Board of Directors of the company has decided to purchase 56,945 additional ordinary shares of CDBL at a cost of Tk. 34,16,700.00 (at rate of Tk.60.00 per share including premium of Tk. 50.00 per share). METROSPIN News:    Al-Haj Abdul Ali and Mr. Mohd. Ferdous Kawser Masud, both are Sponsors/Directors of the company, have further reported that they have completed their sale of 5,99,100 and 5,36,400 shares respectively at prevailing market price through Stock Exchange as announced earlier. BDFINANCE News:    (Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 30th September 2010 (July'10 to Sep'10), the company has reported net profit after tax of Tk. 65.09 million with EPS of Tk. 14.78 as against Tk. 0.27 million and Tk. 0.06 (restated) respectively for the same period of the previous year. It is to be noted that income from investment in securities was Tk. 72.87 m...

Grameenphone shares entered on the country's secondary share market on Monday after a long wait but the prices were not as high as some shareholders had expected them. Prices of the biggest-ever IPO in Bangladesh's history opened at Tk 160 on the Dhaka Stock Exchange, surged to Tk 195 at one point before ending on Tk 177.30. Prices of GP shares opened a bit higher on the Chittagong Stock Exchange at Tk 200 but didn't move up any further. It went as low as Tk 162.50 but closed a bit higher at Tk 176.50 with the turnover amounting to Tk 236.861 million. Meanwhile, the floating caused the prime bourse's key index to cross the 4000 mark to touch a new high. A total of 312,501 lots of shares were handed to investors during the IPO with each lot containing 200 shares. "Out of the day's 764 points, GP accounted for 717 points alone," DSE chief executive told the media.