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Stocks end flat on virus worry

Stocks closed nearly flat on Thursday after remaining steady in the previous two days, as an extension of lockdown and the rising trend of coronavirus cases prompted investors to adopt a cautious stance. The market opened on a positive note and the key index climbed more than 40 points within...

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Jamuna Bank Limited has signed an agreement with Era-Infotech Limited at the head office of the bank in the city recently.

Jamuna Bank Limited has signed an agreement with Era-Infotech Limited at the head office of the bank in the city recently. Mirza Elias Uddin Ahmed, Managing Director & CEO of Jamuna Bank, and Md. Serajul Islam, Chief Executive Officer of Era-Infotech Ltd. signed the agreement.

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CSE revises Shariah Index--

FE REPORTThe Chittagong Stock Exchange (CSE) has revised its Shariah Index on the basis of half-yearly performance of the listed companies.According to the revision, 13 new companies have been added to the index while eight companies dropped from it. The new index will be effective from July 4, the CSE...

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Union Bank Limited has opened its Kadamtoli Branch in Chattogram recently.

Union Bank Limited has opened its Kadamtoli Branch in Chattogram recently. ABM Mokammel Hoque Chowdhury, Managing Director of the bank, inaugurated the Kadamtoli Branch as the chief guest through a video conference from the Head Office of the bank in Dhaka.

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10pc fund to be raised through public offer

The board of directors of Mercantile Bank has now decided to issue 'Mercantile Bank Perpetual Bond' of Tk 7.0 billion in a revised manner in order to comply with the securities regulator's latest directive.As per the revised manner, the bank will raise Tk 6.30 billion (90 per cent) through private...

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News Briefs (18-06-2021)

Hong Kong tycoon Richard Li's FWD files for US listingHONG KONG, June 17: Hong Kong tycoon Richard Li's insurer FWD said it has lodged an application to regulators for an initial public offering (IPO) in the United States. The company did not disclose the size of the IPO, but the...

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DSE/CSE News in Brief (18-06-2021)

Board meetingsSamata Leather Complex Ltd: A board meeting of the company will be held on June 22, 2021 at 4:30 PM to consider, among others, un-audited financial statements of the company for the second quarter period ended on December 31, 2020.Popular Life Insurance Company Limited: A board meeting of the...

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Breaking ranks, Norway signals four rate hikes by mid-2022

OSLO, June 17 (Reuters): Norway's central bank said on Thursday it expected to raise interest rates four times by mid-2022 as the economy shakes off the effects of COVID-19, breaking ranks with the still ultra-loose policy outlook of counterparts in other developed nations.A day after the Federal Reserve signalled U.S...

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Britain, pressed by airlines, may ease rules for vaccinated travellers

LONDON, June 17 (Reuters): Britain is considering easing travel rules for double vaccinated people, a move that would placate airlines which are threatening legal action against the government's curbs on trips abroad. Airlines are desperate for restrictions to be relaxed in time for July and the peak season when they...

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