FE Today Logo
Search date: 07-05-2018 Return to current date: Click here

Banking shares weigh down major index

Stocks finished slightly lower Sunday, extending the losing spell for the third day in a row, as investors went on late hours selling spree, mainly banking stocks.Market operators said the market edged down as investors continued to sell banking shares while some were busy rebalancing their portfolios based on the...

Read more

Govt's earning from DSE doubles in April

The government's revenue earnings from the Dhaka bourse marked a 112 per cent rise month-on-month in April, 2018 with the increased trade volume.Market operators said the government earnings from the Dhaka bourse rose substantially during the month compared to March on the back of increased trading volume coupled with significant...

Read more

Mozaffar Spinning cuts 50pc production for overhauling

Mozaffar Hossain Spinning Mills Limited (MHSML) has decided to make a partial shutdown of the production capacity due to construction works."The company has informed that under BMRE, (Ring) construction works of Mozaffar Hossain Spinning Mills are ongoing and shipments of some machinery are already done," said an official disclosure on...

Read more

Apex Foods share price soaring sans PSI

The share price of Apex Foods is soaring without any price sensitive information (PSI). The price went up further by 2.78 per cent on Sunday.In the last one month, the company's share price jumped more than 13 per cent or Tk 31.40 each to close at Tk 272.30 on Sunday....

Read more

SBAC Bank gets Golden Globe Tigers Award

South Bangla Agriculture & Commerce (SBAC) Bank Ltd has got "The Golden Globe Tigers Award 2018" for excellence and leadership in branding and marketing in the individual and organisation category of service excellence, according to a statement. Md. Golam Faruque, Managing Director and CEO of South Bangla Agriculture & Commerce...

Read more

Romania Food starts exporting to Singapore, Malaysia

Romania Food & Beverage Ltd., an enterprise of Bengal Group of Industries, recently started exporting to Singapore and Malaysia as a part of market expansion strategy in 2018, according to a statement. Romania Food made their footprint globally and currently exporting to Mauritius, King Saudi Arabia, Oman, Bhutan, Kuwait and...

Read more

News Briefs--(7-5-2018)

Board meetingsEastern Bank: A board meeting of the company will be held on May 09 to consider, among others, un-audited financial statements for the first quarter (Q1) period ended on March 31, 2018.Uttara Bank: A board meeting will be held on May 09 to consider, among others, un-audited financial statements...

Read more

DSE/CSE News in Brief (7-5-2018)

DSE NEWSTrustee committee meetingMBL 1st Mutual Fund: A meeting of the trustee of the fund will be held on May 14, 2018 at 2:45 pm to consider, among others, audited financial statements of the fund for the year ended on March 31, 2018.AIBL 1st Islamic Mutual Fund: A meeting of...

Read more

"Creating Awareness and Open Loan Distribution Ceremony to the Tk 10 Account Holders"

United Commercial Bank Limited (UCB) organises a programme titled "Creating Awareness and Open Loan Distribution Ceremony to the Tk 10 Account Holders" as a lead bank in Maizdee Court Sadar recently. Md. Abdur Rahim, Executive Director, SMESPD, Bangladesh Bank; Adv. Shihab Uddin Shahin, UP Chairman, Sadar, Noakhali; Mohammad Mamdudur Rashid,...

Read more

President of the Permanent Council of the Islamic Solidarity Fund of OIC Ambassador Nasser bin Abdullah bin Hamdan Al Zaabi visited SIBL

President of the Permanent Council of the Islamic Solidarity Fund of OIC Ambassador Nasser bin Abdullah bin Hamdan Al Zaabi visited Social Islami Bank Limited (SIBL) on Sunday as the bank arranged a meeting with the delegates of OIC (Organisation of Islamic Cooperation). SIBL Chairman Professor Md. Anwarul Azim Arif,...

Read more

Sebi holds back HDFC Mutual Fund IPO

MUMBAI, May 6 (Business Standard): The Securities and Exchange Board of India (Sebi) has put the much-awaited initial public offer (IPO) of equity from HDFC Mutual Fund on hold.The processing status for IPOs on Sebi's website states this one is being "kept in abeyance for examination of past violations". On...

Read more

Deputy Managing Director of Prime Bank Limited Syed Faridul Islam receiving 'Financial Branding Award'

Deputy Managing Director of Prime Bank Limited Syed Faridul Islam receiving 'Financial Branding Award' for its excellent services for the year 2017 from Expatriates' Welfare and Overseas Employment Minister Nurul Islam BSc at a function organised by Centre for NRB in the city recently

Read more