FINANCIAL PORTALS IN BANGLADESH

Investors need the latest and most accurate information in order to stay current with the markets and follow appropriate trading strategies. Financial portals are meant to give clients all the relevant economic, market, industry, and company-specific financial information they need in one place. This information helps the users to better understand the stock market which allows them to make better strategic decisions while investing in shares of various companies.

Financial-Portals-in-Bangladesh

What Is a Financial Portal?

Financial portals are websites or mobile applications that aggregate a wide range of financial data and information on a single platform. They serve as information hubs for users or clients, who are often investors and researchers, by providing the most recent financial data and news necessary for making proper investment decisions and getting proper insights about an investment. Usually, financial portals are cloud-based platforms that are generally customizable, which become an interactive dashboard showing only the relevant data needed by the user. Users can get information from financial portals, which leverage technology to give investors more control over their financial futures and help financial advisors work more efficiently by giving them up-to-date information.

There are many widely used financial portals such as Bloomberg, Investing, Marketwatch, Marketscreener, etc. that provide real-time data, news, and analytics to users all over the world regarding the global financial markets and economy. In addition to providing trading and other brokerage services, many stock brokerage firms also offer financial portals to their clients and other users. Generally, most of the features are free to use, while some portals require premium subscriptions to access some of the special features.

Benefits offered by the Financial Portals

The financial portals generally offer a wide array of features for the benefit of the users. Some common features include:

Real-Time Market Update

The most updated information regarding the stock market including index value, the volume of trades, index movers, top gainer/loser securities, etc. are available on the financial portals during and after the trading hours.

Market Sector Map

The updated performance data of the securities under each sector of the market are available so that users can gauge the overall condition of a particular sector on a particular trading day.

Economic Indicators Data

The most recent published data regarding the leading economic indicators can also be found in the financial portals which helps traders and investors perceive the overall condition of the economy that also influences their investment decisions.

IPO Archive

Many financial portals also provide information on previous, current, and upcoming IPOs, allowing users to stay up to date on the market’s IPOs.

Major Company Fundamentals

The major fundamental and price-sensitive information about the listed companies is also available in financial portals, allowing users to quickly find the most important and up-to-date information about specific security.

Recent Financial Statements

The most recent annual and quarterly financial statements are often available in the financial portals, which help users see the financials of a company for the last few years on a single platform, thus facilitating their analysis.

Historical Price Data

The historical market price data of a particular security can be found very easily using a financial portal. Some financial portals also allow users to download the data as well.

Technical Analysis Charts

The financial portals are mostly used by technical analysts as they offer almost all the tools required for the technical analysis of a particular security.

Recent Market News

It is critical for traders and investors to stay updated on the latest news and announcements concerning the capital markets and the economy. The financial portals help the users by accumulating all the relevant news on a single platform.

Simulated Portfolio

Some of the financial portals also offer simulated portfolio services to their users. Novice users can create their own portfolios using simulated software and track the performance of their portfolios.

Financial Portals in Bangladesh

The financial portals that are currently operating in Bangladesh are:

Amarstock

AmarStock is a stock market and data website or application that provides financial analysis, research, and data visualization services to its users. It offers a choice of free and premium services. The free features include stock screeners, market heat maps, comparison tools, performance indicators, and a wide array of charts. The premium features include real-time quotes, technical studies, interactive advanced charts, stock screening, layout customization, etc. It is designed and developed by AmarStock Limited.

AmarStock - Financial Portal
AmarStock

LankaBangla Financial Portal

LankaBangla Financial portal is a full-fledged financial portal that provides live stock market data of Dhaka Stock Exchange, Financial Statements of all listed companies and mutual funds, Bangladesh money market and macroeconomic data, and global commodity market data. It has been developed by LankaBangla Securities Ltd. which is one of the leading stock brokerage firms in Bangladesh. It offers all of its features for free to its users.

LankaBangla Financial Portal
LankaBangla Financial Portal

Royal Capital Portal

Royal Capital Portal provides comprehensive information on the share market, including real-time stock/fund quotes, prices, performance data, analysis, news, charts, economy, and industry data to its users. It has been developed by Royal Capital Limited which is the top retail stockbroker in Bangladesh with a view to simplifying the stock market-related information to its clients to help them better understand the stock market. It offers all of its features to its users for free.

Royal Capital Portal - KCBD
Royal Capital Portal

StockNow

StockNow is a financial markets platform providing real-time data, charts, financial tools, the latest news, and analysis of the Dhaka Stock Exchange. It offers two types of services; basic free services and VIP-Membership services. The basic free services include trade information, fundamental information, minute charts, basic charts, block trade data, technical charts,s, etc. The VIP-Membership services include unlimited price alarm, fundamental history, unlimited chart history, advanced technical analysis with customizable UI, etc.

StockNow - Financial Portal
StockNow

Comparison of the Financial portals in Bangladesh

The following table shows a comparison of the financial portals that are currently available in Bangladesh based on the common features:

FeaturesAmarStockLankaBanglaRoyal Capital PortalStockNow
Real-time Market UpdateAvailableAvailableAvailableAvailable
Market Sector MapAvailableAvailableAvailableAvailable
Economic Indicators DataNot AvailableAvailableAvailableAvailable
Industry-wise Key FundamentalsNot AvailableNot AvailableAvailableNot Available
DSE Historical Trade StatisticsNot AvailableNot AvailableAvailableNot Available
IPO Archive DataAvailableAvailableAvailableNot Available
Major Company FundamentalsAvailableAvailableAvailableAvailable
Recent Financial StatementsAvailable
(A)*
Available
(A+Q)*
Available
(A+Q)*
Not Available
Historical Price DataNot AvailableAvailableAvailableAvailable
Technical Analysis ChartsAvailableAvailableAvailableAvailable
Recent Market NewsAvailableAvailableAvailableAvailable
Block Trade DataAvailableAvailableNot AvailableAvailable
Simulated PortfolioAvailableNot AvailableNot AvailableAvailable
Mobile ApplicationAvailableNot AvailableNot AvailableAvailable
Premium
Subscription to access all features
RequiredNot RequiredNot RequiredRequired
Comparison of the Financial portals in Bangladesh

*Here A means Annual and Q means Quarter

So you can use any one or all of these according to the features you need for your investment analysis and portfolio management. Note that none of the financial portals provide any buy/sale recommendations. The investment decision solely depends on the discretion of the users.

Rayhan Ahmed

A finance graduate from the University of Dhaka, having an aspiration to build a vibrant career in the capital markets. From my early university days, I developed an immense fascination for the financial services industry. I have a keen interest in equity research, industry research, technical analysis, stock trading, and financial modeling. I believe that working is the best way of learning. Hence, I always chase such opportunities where I can showcase my academic knowledge and skills and thus learn something new that can be useful for my future career.

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