The net foreign fund in the Dhaka Stock Exchange (DSE) continued to remain negative for five consecutive months till August as the foreign investors were reluctant to put fresh stakes.Market insiders said that fears over political uncertainty ahead of national election coupled with depreciation of the taka against the US...
Read moreStocks finished marginally lower on Monday, with key index of the major bourse dipping below 5,600-mark, as investors went on selling spree in late hours.Brokers said the market edged lower for the third straight day as some investors continued to book profit on financial issues.Accordingly, banking witnessed the highest correction...
Read moreSinger Bangladesh Limited has received the Superbrands recognition for performing above and beyond other brands in Bangladesh, according to a statement. Superbrands is an international organisation, operating in 88 countries, to pay tribute to the world's leading brands, as selected by a council of experts and consumers of the respective...
Read moreTosrifa Industries has informed that its dyeing project, which was financed by funds collected through initial public offering (IPO), has got natural gas connection."After completion of gas boiler erection the dyeing unit will run its operation by natural gas from Titas Gas Transmission and Distribution Company immediately," said an official...
Read morePragati Life Insurance Limited and CARE Bangladesh signed an agreement to jointly introduce a micro life and health insurance for the rural households, according to a statement. The agreement was signed by Md. Jalalul Azim, CEO of Pragati Life Insurance Limited, and Zia Choudhury, Country Director of CARE Bangladesh, in...
Read moreSuspension of tradingTrading of the units of CAPM BDBL Mutual Fund 01, CAPM IBBL Islamic Mutual Fund and SEML Lecture Equity Management Fund will remain suspended on its record date, today (Tuesday). Trading of the units of the funds will resume on September 05, 2018.Disbursement of dividendPragati Insurance Ltd: The...
Read moreDSE NEWSSpot tradingTrading of the shares of United Power Generation & Distribution Company Ltd. will be allowed only in the spot market from today (Tuesday) to September 05, 2018 as the record date of the company is on September 06, 2018.Change of addressIFIC Bank Ltd.: The company has informed that...
Read moreMUMBAI, Sept 3 (Reuters): Indian markets fell sharply on Monday after a set of fund managers raised fresh concerns over an April circular from the market regulator related to tighter rules on foreign funds ownership by entities of Indian origin, which they said could lead to massive dollar outflows from...
Read moreTOKYO, Sept 3 (Reuters): Asian stocks dropped for the third consecutive session on Monday, hit by worries over further escalation of the U.S-China trade war and unstable emerging market currencies.MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.7 per cent while Japan's Nikkei shed 0.6 per cent though trade...
Read moreLONDON, Sept 3 (Reuters): The world's 300 largest pension funds grew assets under management by 15.1 per cent in 2017 to reach a combined value of $18.1 trillion, a study on Monday showed.The growth was more than double 2016's 6.1 per cent increase, research from Willis Towers Watson's Thinking Ahead...
Read morePresident and Managing Director of Bank Asia Md. Arfan Ali and Founder and Managing Director of Shohoz.com Maliha M Quadir exchanging documents of a memorandum of understanding on providing online ticketing services to mass community through the bank's agent banking network at a function at the bank's corporate office in...
Read moreManaging Director of Al-Arafah Islami Bank Limited Md. Habibur Rahman posing for a photograph at a day-long training workshop on 'Internal Control and Compliance Risk Management in Branches' held at the bank's training & research institute on Monday
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