Top 10 traded cos capture 42pc market turnover The top 10 turnover leaders on Sunday captured 41.95 per cent of the turnover featured by the Dhaka Stock Exchange (DSE). Three of the turnover leaders were also in the list of top 10 gainers. The companies are Central Pharmaceuticals, Silva Pharmaceuticals

Money Market Parameters Current Period Earlier Period Change Average Call Money Rate 3.67% (Nov 15 ’18) 3.52% (Nov 08 ’18) 0.15% Call Money Lending (Crore BDT) 7,836.39 (Nov 15’18) 7645.20 (Nov 08’18) 2.50% Prices Weighted Average Deposit Rate 5.27% (Nov 15’18) 5.27% (Nov 08’18) 0.00% Weighted Average Lending Rate 9.46%

Cards with magnetic strips to be phased out by Dec The central bank yesterday instructed banks not to issue any credit or debit card with magnetic strips from next year, with a view to safeguarding customers against fraud. Several lenders did not replace their branded magnetic strip cards with ones

Proposed KEZ set to get licence The proposed Kishoreganj Economic Zone (KEZ), a venture of Nitol Niloy Group, is set to obtain licence from the authorities concerned. As per the officials, the zone would be established on 91.63 acres of land in Pakundia Upazilla, next to Bhairab-Kishoreganj highway. It received

Three Banks to open KSA Branches soon Three commercial banks are set to open branches in Saudi Arabia this year as they got the Bangladesh Bank’s go-ahead to this end. As per the Officials, Sonali Bank, Social Islami Bank and Exim Bank will open branches in compliance with the customary