IDLC Securities
IDLC Securities

IDLC Securities

Coverage: Bangladesh
IDLC is a leading brokerage firm in Bangladesh and a trusted name to both international & domestic investors with its proven track record of research expertise, quality corporate access, and standards of regulatory compliance and corporate ethics.
Location: Dhaka

Latest from IDLC Securities

Bangladesh: FY23 budget tackles macro challenges with subsidy and tax easing

BDT 6.8 trillion (USD 74 bn) budget, aiming 7.5% GDP growth and 5.6% average inflation. The size of total budget is about 15.2% of FY23f GDP. Increasing subsidy by about 24% from BDT 668bn (USD 7bn) in FY22R to BDT 846 bn (USD 9 bn) in FY23f is an en...
IDLC Securities Shopnil
Shopnil Paul @ IDLC Securities 12 June 2022
Flash Report / Bangladesh

Substantial gas tariff hike for fertilizer; low impact for pharma and consumer

Increased cost of importing LNG to be passed on. Since then the spot price of LNG in the international market increased by c245% (USD 2.37/MMBTU in July 2019 vs USD 8.14/MMBTU in May 2022) forcing the government to hike the tariff. 10-16% gas tariff ...
IDLC Securities Tanay
Tanay Kumar Roy @ IDLC Securities 8 June 2022
Flash Report / Bangladesh

Bangladesh Stock Market: DSE to get the first ETF tracking DS30

Bangladesh’s first ETF is expected to be launched in September 2022, said the DSE Managing Director. Here are some details of it. This ETF will track DS30 – a free-float market cap weighted index composed of 30 Blue-chip shares. DS30 is rebalanced se...
IDLC Securities Shopnil
Shopnil Paul @ IDLC Securities 2 June 2022
Flash Report / Bangladesh

Bangladesh: Regulator changes lower limit of the circuit breaker from 2% to 5%

The stock market regulator, The Bangladesh Securities and Exchange Commission, declared that the lower limit circuit breaker of all stocks is to be changed from 2% to 5%. The new lower circuit breaker is applicable from 21st April 2022 (today). The u...
IDLC Securities Tanay
Tanay Kumar Roy @ IDLC Securities 21 April 2022

BRAC Bank: CY21 — Spread improvement and higher commission income led bottom-line growth

BRAC Bank, our only recommended bank in Bangladesh, reported BDT 5465mn consolidated NPAT (excluding minority interest) in 2021 against BDT 4,418mn reported in 2020, implying c24% YoY growth. The bottom-line of its core-banking business (solo) increa...
IDLC Securities Shopnil
Shopnil Paul @ IDLC Securities 21 March 2022
Flash Report / Bangladesh

Bangladesh stock market: Regulator sets circuit breaker's lower limit at 2%

The stock market regulator, The Bangladesh Securities and Exchange Commission, declared the lower limit circuit breaker of any stock to be 2%. The new lower circuit breaker is applicable from 9th March 2022, Wednesday (today). The upper limit of the ...
IDLC Securities Tanay
Tanay Kumar Roy @ IDLC Securities 9 March 2022