Stocks witnessed yet another downbeat session on Tuesday, extending the losing streak for the fourth straight session, as investors continued their selling binge.Market operators said the premier bourse witnessed another downward trend amid a continuous selling pressure on banking stocks.The banking sector posted the highest loss of 1.47 per cent...
Read moreThe securities regulator has approved the IPO (initial public offering) proposal of Genex Infosys for raising a capital worth Tk 200 million from the market.The approval came on Tuesday at a meeting held at the office of the Bangladesh Securities and Exchange Commission (BSEC).As per the BSEC approval, Genex Infosys...
Read moreTop 10 companies grabbed nearly 32 per cent transaction of the Dhaka bourse on Tuesday while Khulna Power Company Ltd (KPCL) topped the list for third straight session.Market insiders said investors were mostly active on Khulna Power's shares for the three consecutive sessions amid higher dividend expectation.In the last one...
Read moreMd. Monitur Rahman IFIC Bank gets new DMDMd. Monitur Rahman recently joined IFIC Bank Limited as Deputy Managing Director and Chief of Operations & Information Technology. Prior to joining IFIC Bank, he held the position of Head, Country Technology at Standard Chartered Bank, Bangladesh. He spent 25 years of his...
Read moreDSE NEWSRecommendation of dividendRupali Life Insurance Company Ltd.: The company has recommended 8.0 per cent Cash and 4.0 per cent stock dividend for the year ended on December 31, 2017. The AGM will be held on October 17, 2018 at 10:00am at Institute of Diploma Engineers Bangladesh, Muktijuddah Smriti Milanayaton,...
Read moreManaging Director & CEO of Dhaka Bank Limited Syed Mahbubur Rahman and Founder, Managing Director & CEO of Praava Health Sylvana Q. Sinha exchanging documents of a memorandum of understanding in the capital recently. Under this agreement, Dhaka Bank employees will enjoy 20 per cent discount and all Dhaka Bank...
Read moreManaging Director & CEO of Social Islami Bank Limited (SIBL) Quazi Osman Ali inaugurating the new premises of Moulvibazar Branch at Moulvibazar Trade Center in Dhaka recently in presence of President of Moulvibazar Chamber of Commerce Al-hajj Enayet Ullah, businessmen and senior executives of the bank
Read moreUS stocks were set to open lower on Tuesday, as declines in heavyweights such as Nike and Facebook added to worries over trade negotiations between United States and other major economies, following the Labor Day weekend, reports Reuters.Nike dropped 3.1 per cent in premarket trading as calls for a boycott...
Read moreManaging Director and CEO of Islami Bank Bangladesh Limited Md. Mahbub ul Alam addressing a workshop on Audit Conduction and Compliance as chief guest at Islami Bank Tower in the city recently
Read moreManaging Director of First Security Islami Bank Limited (FSIBL) Syed Waseque Md. Ali posing for a photograph at the 44th foundation course of trainee assistant officers of the bank at FSIBL Training Institute in the city on Tuesday
Read moreHONG KONG, Sept 4 (AFP): Asian markets mostly rose on Tuesday following recent losses but investors moved cautiously as they await the latest developments in Donald Trump's trade disputes with China and Canada.With US markets closed Monday for the Labor Day holiday, there were few catalysts to drive business but...
Read moreLONDON, Sept 4 (AFP): European stock markets slid on Tuesday awaiting the return of Wall Street, though London losses were capped by a weak pound, analysts said.Asian equities mostly rose following recent falls but investors moved cautiously as they await the latest developments in US President Donald Trump's trade disputes...
Read moreIndian shares were little changed on Tuesday amid concerns of foreign fund outflows after the rupee hit a new low in its recent record-setting spree, while gains in IT stocks on the back of a weaker currency underpinned the market, reports Reuters.The currency, which declined to a fresh trough of...
Read moreCOLOMBO, Sept 4 (Reuters): Sri Lankan shares rose for a fifth straight session on Tuesday and marked their highest close in more than three weeks, led by gains in banking and beverage stocks.However, trading volume was low as investors stayed on the sidelines for want of fresh triggers. The day's...
Read moreManaging Director of Bangladesh Development Bank Limited (BDBL) Manjur Ahmed posing for a photograph at a five-day basic training course for 28 newly appointed IT officers at the bank's training institute at Karwan Bazar in the city recently
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