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Search date: 03-02-2026 Return to current date: Click here

Bank stocks propel market on hopes of post-poll recovery

The Dhaka bourse closed Monday's session with a moderate rise in the broad index, extending the gaining streak for the second consecutive session, mainly driven by the banking sector.From the very beginning of the day's session, investors' buoyancy was visible through the movement of the broad index and turnover value....

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Singer's losses widen, but investors bet on new plant payoff

Singer Bangladesh's stock surged 2.31 per cent to Tk 84.2 per share on Monday despite its recent disclosure of a hefty annual loss in 2025 on the back of soaring finance costs.The multinational electronics and home appliance manufacturer reported a loss of Tk 2.25 billion for 2025, up from a...

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Meghna Condensed Milk faces going concern risk as liabilities exceed assets

Meghna Condensed Milk, a sister concern of the local conglomerate Meghna Group, risks going out of business as its liabilities have exceeded its assets, said auditors.In the latest auditor's report, the auditor flagged multiple irregularities and limitations in audit evidence, including inadequate books of accounts, unsupported balances, and non-compliance with...

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MIDLAND BANK RECEIVES LICENCE FROM MASTERCARD

Md. Ahsan-uz-Zaman, managing director & CEO of Midland Bank, received a Mastercard affiliated membership licence from Syed Mohammad Kamal, country manager of Mastercard Bangladesh, at a ceremony held at the bank's head office in Dhaka on Sunday. This partnership establishes Midland Bank as a Mastercard-affiliated member, enabling the bank to...

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SAMMILITO ISLAMI BANK HOLDS FOURTH BOARD MEETING

The fourth meeting of the board of directors of Sammilito Islami Bank was held on Monday at City Centre, Motijheel. Md Ayub Mia, chairman of Sammilito Islami Bank, chaired the meeting. Members of the bank's board of directors were present at the meeting, along with the executive director of the...

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NCC BANK'S ANNUAL BUSINESS CONFERENCE-2026

NCC Bank's two-day annual business conference concluded at the Sea Pearl Beach Resort in Cox's Bazar with the objective of accelerating the bank's business growth through the expansion of service coverage. The event was inaugurated by Md. Nurun Newaz Salim, chairman of the bank, as the chief guest. The ceremony...

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RUPALI BANK HOLDS BUSINESS REVIEW MEETING IN BARISHAL-

Rupali Bank PLC held a review meeting on the progress of business operations of the branches under its Barishal Divisional office on Monday. Managing Director of the bank Kazi Md Wahidul Islam was present as the chief guest at the meeting held at the Bangladesh Rice Research Institute in Barishal....

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European shares flat as defensives limit commodities slump

The STOXX 600 index was flat on Monday, as losses in commodity-linked stocks were offset by gains in defensives such as consumer staples stocks, while investors also assessed several earnings reports to gauge the health of corporate Europe, reports Reuters.The pan-European STOXX 600 was flat at 1017 GMT after falling...

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Reliance leads partial recovery in Indian stocks from budget day selloff

India's equity benchmarks advanced on Monday, led by gains in infrastructure stocks and bargain hunting in heavyweight Reliance Industries, as markets partially recovered from damage taken after the federal budget, reports Reuters.The Nifty 50 rose 1.06 per cent to 25,088.4, while the BSE Sensex added 1.17 per cent to 81,666.46....

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