The stock market of the country is returning to the upward trend from the decline. After an uptrend on the first two working days of the week, the third trading day on Tuesday started with an upward trend. The price index is bullish due to increase in share and unit prices of most of the companies. Along with that, the transaction is showing a very good speed.
In the first half-hour trading, the main price index of the main stock market Dhaka Stock Exchange (DSE) increased by more than 30 points. More than 250 companies have been included in the price hike list. And the transaction was more than 250 crore rupees.
Another stock market Chittagong Stock Exchange (CSE) also has more companies in the price increase list. As a result, the price index is also in an upward trend. Along with that, good speed is seen in transactions.
On this day, trading in the stock market started by increasing the share prices of most of the companies. As a result, the main index of DSE increased by 13 points after the start of trading. The upward trend of the index is seen increasing as the trading hours progress.
As of 10:44 a.m. till writing this report, 268 companies’ shares and units are on the list of price hikes in DSE. On the contrary, the price of 73 has decreased. And 33 prices remain unchanged.
The main index of DSE increased by 41 points. Among the other two indices, the DSE-30 index rose by 11 points. And DSE Shariah index rose by 3 points. So far 310 crore 7 lakh taka has been traded in DSE.
Another stock market Chittagong Stock Exchange (CSE) general index CASPI decreased by 74 points. 2 Crore 41 Lakh Tk. Of the 71 institutions that participated in the transaction, 58 increased, 10 decreased and 3 remained unchanged.
MAS/SNR/GKS
In half an hour, the transaction exceeded two and a half million rupees – 2024-05-08 01:43:40
Innovative Swiss Army Knife Design: Removing a Traditional Feature for a Modern Twist
Victorinox Introduces Bladeless Swiss Army Knife Model
The iconic Swiss Army Knife manufacturer is in the process of developing a new model that eliminates the blade component to overcome regulatory obstacles hindering the accessibility of multitools with knives.
In an interview with Swiss media outlet Blick, Victorinox CEO Carl Elsener expressed his concerns about the escalating knife regulations worldwide, citing the rising violence as a primary reason for the restrictions.
Elsener revealed, “We are actively working on pocket tools that do not include blades. For instance, I have a unique tool designed for cyclists in mind.”
He further explained, “While we already offer a tool tailored for golfers, cyclists may require specialized tools that do not necessarily include a blade. The presence of a blade can sometimes evoke a weapon-like perception in certain markets.” The upcoming tool variants are intended to complement the traditional Swiss Army Knives rather than replace them.
Addressing Knife Restrictions in Various Countries
Elsener highlighted the stringent regulations in several countries that prohibit the general public from carrying pocketknives or blades unless they are essential for work or outdoor pursuits.
He elaborated, “In regions like the UK or certain Asian countries, carrying a knife is often restricted to individuals who require it for occupational or outdoor activities. However, in urban settings such as schools, cinemas, or shopping areas, the use of pocket knives is severely limited.”
For instance, in the UK, knives can only be carried if they feature a folding blade that is less than three inches long.
Impact of 9/11 on Knife Regulations
The aftermath of the September 11, 2001, terrorist attacks in the US led to a surge in knife restrictions, resulting in a significant decline of over 30% in pocketknife sales for Victorinox.
Elsener reflected on this period, stating, “The events of 9/11 served as a stark reminder that we should not rely solely on a single business sector.” This realization prompted the company to diversify its product offerings.
Founded in 1884 by Karl Elsener, Victorinox introduced the original Swiss Army Knife in 1897. The company later acquired Wenger, a competitor in the Swiss Army Knife market, in 2005, expanding its focus to include watches and travel accessories.
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Innovative Swiss Army Knife Design: Removing a Traditional Feature for a Modern Twist
Analysis of Trading Volume and Investor Types in TFEX SET50 Index Options on May 7, 2024
The Futures Exchange (TFEX) report summarizes the trading volume of SET50 Index Call Options and SET50 Index Put Options, broken down by investor type, on May 7, 2024, as follows:
SET50 Index Call Options
(Unit: number of contracts)
Net buying and selling institutions 696 516 180 Foreign 1,113 1,391 -278 Domestic 4,715 4,617 98
SET50 Indexing Options
(Unit: number of contracts)
Net buying and selling institutions 566 392 174 Foreign 1,088 1,378 -290 Domestic 4,139 4,023 116
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Analysis of Trading Volume and Investor Types in TFEX SET50 Index Options on May 7, 2024