Telecom shares has suddenly topped transactions at the Dhaka Stock Exchange (DSE) following remarks by the Bangladesh Bank governor advocating for reduced taxes on investments in the sector. The index stood at 5,156 points on the previous trading day, and total transactions were Tk 3.71 billion according to bdnews24.com. "We need to increase investment in the telecom sector to ensure uninterrupted internet and reduce call drops. The telecom sector generally holds a modest 4.0 per cent to 5.0 per cent share, with transaction values ranging between Tk 3.0 million and Tk 4.0 million. The banking sector followed the telecom sector in Monday's transactions with Tk 412.3 million, while the pharmaceuticals and chemicals sector was third with Tk 406 million.

Source: bd News24 January 13, 2025 16:22 UTC