Finance News: Latest Financial News, Finance News today in Bangladesh

Number of BO accounts on rise

Around 65,235 new BO accounts were opened in the past five months as investors were more confident in pouring funds into the primary market rather than the secondary one.Guaranteed profit through initial public offerings (IPOs) encouraged the investors to hit the jackpot, brokers said.To trade in the stockmarket and apply...

S. S. Steel tops weekly turnover chart on DSE

S. S. Steel topped the weekly turnover chart of the Dhaka Stock Exchange (DSE) following investors' increased participation. In last week, S. S. Steel featured a total turnover of above Tk 381.80 million and grabbed 10.32 per cent of the exchange's weekly turnover.Of five sessions of last week, the company's...

Islami Bank Bangladesh hosted Iftar Mahfil

Chattogram Region of Islami Bank Bangladesh Limited organised a discussion on `Siam, Taqwah, Sadaqah and Waqf' and hosted Iftar Mahfil recently at Radisson Blu Hotel, Chattogram. Prof. Md. Nazmul Hassan Ph.D, Chairman of the Bank, was present in the programme as the Chief Guest. Prof. Dr. Md. Salim Uddin, FCA,...

IBBL Ctg region holds discussion, Iftar Mahfil

Struggles of transport stocks transmit caution to Wall Street

NEW YORK (Reuters): The index of planes, trains and trucking companies, considered an important stock barometer of the U.S. economy's health, is struggling.The Dow Jones Transportation Average swooned 10.2% in May, a far steeper decline than that of the Dow Jones Industrial Average or the S&P 500. For analysts who...

Parveen Haque Sikder

Parveen Haque Sikder, Member of Parliament and Director & EC Chairperson of National Bank Ltd, offering prayer at an ifter mehfil held at Z.H. Sikder University of Science & Technology premises at Kartikpur, Shariatpur. She also handed over saree, lungi & other dresses among the needy people at different parts...

Hopes of cheaper finance, consumption growth to propel Indian equity market

Prospects of cheaper finance along with a liquidity boost from Reserve Bank of India will sustain the uptrend in equity markets during the coming week, analysts opined, reports Indo-Asian News Service.Accordingly, investors are eyeing a move by the RBI to ease key lending rates to bring down the cost of...