Economic Update

January 14, 2017

Stocks extend winning spell for 11 weeks ‘এ’

 Daily average turnover reaches Tk 14.28b on DSE ৩০ ২০১৬ ১০

‘ ’ ‘ ’
Stocks witnessed yet another bullish week, extending the gaining spell for the eleven
( )।
weeks in a row, as enthusiastic investors continued their buying spree on large-cap
stocks. Source: http://bonikbarta.com/

Source: http://www.thefinancialexpress-bd.com/2017/01/13/59081/Stocks-extend-
winning-spell-for-11-weeks ১২

: , , , , ,
Queue for floating open-end MFs longer than closed-end ones , , , ,
, , ।
 Bangladesh's MF sector following global trend
Source: http://www.dailystockbangladesh.com/
The number of pending proposals to float open-end mutual funds (MFs) has
increased substantially with such MFs more popular than the closed-end ones.

Source: http://www.thefinancialexpress-bd.com/2017/01/13/58998/Queue-for-
floating-open-end-MFs-longer-than-closed-end-ones ( )
( )।

MFs face tough phase in public subscription Source: http://www.dailystockbangladesh.com/58417-2/

Floating new mutual funds on the stock market has become a tough job despite the
recent bullish state of the country’s capital market as none of the last two closed- ১৪
end mutual funds floated in the market in 2016 were subscribed fully by investors.
Source: http://www.sharebazarnews.com/archives/69021
Source: http://www.newagebd.net/article/6907/mfs-face-tough-phase-in-public-
subscription#sthash.vXkGlkYr.dpuf
এ ৩.৪০%

৭৪ ( ) ( )
। ৫০ ৩.৪০ %।
Source:
http://www.sharenews24.com/index.php?page=details&nc=5&news_id=2783 Source: http://www.arthosuchak.com/
 Economic Update
January 14, 2017

‘ ’ July-Nov income tax collection short of target by Tk 26.51b

‘ ’ Income tax collection faced an aggregate shortfall of Tk 26.51 billion against its
‘ ’ । ৩০ target until November of the current fiscal year (FY) mainly due to sluggish trend in
২০১৬ ৩ । ২০১২ corporate tax collection from commercial banks, poor bank interest rates and
। downward trend of investment.

Source: http://bonikbarta.com/ Source: http://www.thefinancialexpress-bd.com/2017/01/13/58997/July-Nov-

income-tax-collection-short-of-target-by-Tk-26.51b

Project to install 60,000 gas prepaid meters in Ctg

৮০
Karnaphuli Gas Distribution Company has undertaken a project to initially install
some 60,000 prepaid meters in different parts of the port city. The project will be Source: http://bonikbarta.com/
launched soon and it is expected to be completed by June 2018 with Japan
International Cooperation Agency's financial support.

Source: http://www.thefinancialexpress-bd.com/2017/01/14/59091/Project-to-
।
install-60,000-gas-prepaid-meters-in-Ctg
২৮৩ ।

Source: http://www.dailystockbangladesh.com/58433-2/
Govt bank borrowing turns negative in H1

The government’s net borrowing from the banking sector turned negative in the first
Upcoming Events
half of this financial year because of a surge in the net investment by clients in the
national savings certificates and bonds.
৩ এ এ
Source: http://www.newagebd.net/article/6908/govt-bank-borrowing-turns-
– ,
negative-in-h1#sthash.y1tIf3ZB.dpuf
।

Source: http://www.sharebazarnews.com/archives/69083
WB cautious on growth

The World Bank has made a cautious growth projection of 6.8 percent for
Companies' AGM/EGM and Record Date in DSE
Bangladesh this year, which is lower than the government's projection of 7.2 percent.

Source: http://www.dsebd.org/Company_AGM.php
Source: http://www.thedailystar.net/business/wb-cautious-growth-1344151