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Search date: 04-06-2022 Return to current date: Click here

Stocks bounce back after four weeks of losses

The equities benchmark index bounced back in the week to Thursday after four consecutive weeks of losses as the Dhaka bourse tried to recover from sell-off with the increased participation of investors. This week saw all the five trading days end higher and the market turnover also went up as...

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Ten cos grab 28pc of weekly DSE turnover

The ten most-traded stocks accounted for 28 per cent of the weekly market turnover on the Dhaka Stock Exchange (DSE) this week.Beximco topped the turnover chart as it generated a turnover of Tk 2.59 billion, which was 6.61 per cent of the week's total turnover, according to the DSE data.The...

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LankaBangla Finance AGM approves 10pc cash dividend

The 25th Annual General Meeting of LankaBangla Finance Limited was held on a digital platform recently. Chairman of the company Mohammad A. Moyeen, presided over the meeting and welcomed the shareholders in the AGM, said a statement.The shareholders have approved the Audited Financial Statements of the company for the year...

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9th AGM of NRBC Bank held

The 9th annual general meeting (AGM) of NRBC Bank Limited was held on Thursday on a digital platform. Parvez Tamal, Chairman of the board of directors of the bank, presided over the meeting while Managing Director & CEO Golam Awlia was present. The AGM unanimously approved 7.5 per cent stock...

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US stocks fall as market frets over solid May jobs growth

NEW YORK, June 3 (AFP): Wall Street stocks dropped early Friday following a solid jobs report that was seen as confirming the Federal Reserve's efforts to contain inflation.American employers added a greater-than-expected 390,000 jobs last month as unemployment held steady at 3.6 percent, the government reported Friday.Investors had been especially...

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News Briefs (2022-06-04)

CAPM declares Unit Fund NAVCAPM Company Limited has declared the Net Asset Value (NAV) of CAPM Unit Fund. The total NAV of CAPM Unit Fund stood at Tk 83,708,975.70 ON the basis of cost price and Tk 96,472,848.40 on the basis of market price at the close of the operations...

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Merrill Lynch to pay $15.2m to mutual fund customers

NEW YORK, June 3 (Reuters): Bank of America Corp's Merrill Lynch unit will pay more than $15.2 million to thousands of customers who it steered automatically into buying costlier mutual fund shares than they were eligible for, a US regulator said on Thursday.The Financial Industry Regulatory Authority said Merrill did...

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Asia stocks rise

SINGAPORE, June 3 (CNBC): Shares in Asia-Pacific rose on Friday as several major regional markets were closed for a holiday and investors looked ahead to the release of US jobs data for May.Japanese stocks led gains among the region's major markets, with the Nikkei 225 gaining 1.27 per cent on...

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