South Bangla Agriculture & Commerce Bank Limited clocked a 9 per cent year-on-year increase in profit to Tk 59.34 crore in the financial year that ended on December 31.
The number of beneficiary owner's (BO) accounts, which are needed to trade stocks, has fallen over the past seven months due to the thin profits earned from initial public offerings (IPO) and a continuous bear run in the market, analysts say.
Stocks in Bangladesh continued to rise today for the third consecutive day, but a selling spree at the last moment restricted the index to make a big jump.
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