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

DSEX exceeds 4,900-mark again

The benchmark index of the Dhaka Stock Exchange (DSE) exceeded the 4,900 points threshold again on Monday as bargain hunters continued their buying binge on sector-wise issues based on latest corporate declarations.DSEX, the key index of the DSE, went up by 21.69 points or 0.44 per cent to settle at...

Express Ins declares 5.0pc interim dividend

Express Insurance Limited has declared 5.0 per cent interim cash dividend, a-day after the stock market regulator relaxed the obligation for declaring interim cash dividend of listed companies.The board of directors of Express Insurance has declared the interim cash dividend based on nine months un-audited financial statements that ended on...

Mercantile Bank organises virtual session on cyber security awareness

Mercantile Bank Training Institute organised a virtual session on cyber security awareness as part of global cyber security awareness month of October recently. Head of respective divisions of head office and branch heads of Mercantile Bank Limited participated in the virtual session. A total number of seventy officials attended the...

City Bank earnings rise in Q3

Earnings of The City Bank rose significantly for July-September (Q3), 2020 compared to same period of the previous year.The bank has reported its consolidated EPS (earnings per share) of Tk 1.99 for July-September 2020 as against Tk. 0.76 for July-September 2019.The company's consolidated EPS was Tk. 3.04 for January-September, 2020...

MetLife Bangladesh strengthens digital recruitment process for Financial Associates

MetLife Bangladesh has launched an enhanced digital recruitment platform for individuals looking to join the company as Financial Associates. "This unique digital platform will enable candidates to apply for Financial Associate role right from their homes through a website. Candidates will now be able to complete their preliminary training online...

BRAC Bank and ITC SheTrades hold webinar for women entrepreneurs

BRAC Bank, in association with the ITC SheTrades Commonwealth project, arranged a webinar recently for women entrepreneurs on access to fiscal stimulus packages in response to the COVID-19 pandemic, said a statement.The objective was to create awareness and prepare women entrepreneurs for accessing the financial packages declared by the Bangladesh...

BSEC Chairman Professor Shibli Rubayat Ul Islam visited DSE Tower

Bangladesh Securities and Exchange Commission (BSEC) Chairman Professor Shibli Rubayat Ul Islam visited DSE Tower at Nikunja on Monday while Chairman of Dhaka Stock Exchange (DSE) Limited Md Eunusur Rahman, Managing Director Kazi Sanaul Haque and BSEC commissioners were present.

Wall Street set to rebound with focus on White House race

Wall Street’s major indexes were set to bounce back on Monday after their steepest weekly loss since March as investors geared up for an event-packed week centered around the U.S. presidential election. Market participants expect short-term trading turmoil and major long-term policy shifts related to taxes, government spending, trade and...

Prime Bank Investment signs deal with Best Electronics on IPO launching

The Prime Bank Investment Limited (PBIL) signed an MoU with Best Electronics Limited, a concern of Zaman Group, to provide Issue management services for the forthcoming IPO of the company under book-building method, said a statement. M Farhad Hussain FCA, Chairman, PBIL, Syed Asaduzzaman, Managing Director, Best Electronics Limited and...

Sonar Bangla Ins re-elects chairperson, vice-chairperson

The Board of Directors of Sonar Bangla Insurance Ltd. in its 127th meeting unanimously re-elected Sheikh Kabir Hossain as chairperson and Md Motaleb Hossain as vice-chairperson recently. The meeting was held virtually, said a statement. Sheikh Kabir Hossain is also the president of Bangladesh Insurance Association (BIA), and chairman of...

DSE/ CSE News in Brief (03-11-2020)

Board meetingsSonargaon Textiles Ltd: A board meeting of the company will be held on November 12, 2020 at 3:00 PM to consider, among others, un-audited financial statements of the company for the first quarter period ended on September 30, 2020.International Leasing and Financial Services Limited: A board meeting of the...

Asian shares buoyed by upbeat China factory activity, oil drops

SYDNEY, Nov 2 (Reuters): Asian shares bounced off one-month lows on Monday helped by Chinese factory activity expanding at its fastest pace in a decade, while oil prices skidded as many Western countries slid back into coronavirus-driven lockdowns.A major risk event this week is the US presidential elections on Tuesday...

European stocks hesitant in early deals

LONDON, Nov 2 AFP): Europe's major stock markets were hesitant on Monday as dealers tracked increasing coronavirus lockdowns across the region on the eve of the US presidential election.In early morning trade, London's benchmark FTSE 100 index of top companies turned flat at 5,575.35 points, after losing ground at the...

Ant's IPO pushes CICC to No 2 in global league tables for new listings

HONG KONG, Sept 02 (Reuters): China International Capital Corporation (CICC) 3908.HK601995.SS has broken into the world's top two investment banks for new listings for the first time since the global financial crisis due to its role leading in fintech giant Ant Group's 6688.HK688688.SS mega float, Dealogic figures show.League tables published...