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

Stocks edge higher as GP keeps gaining

Stocks posted a moderate gain on Sunday as some investors continued to show their appetite on selective large-cap shares.DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 20.78 points or 0.41 per cent over the previous session to close at 5,033.The investors were active from the...

Duke of Edinburgh's Award Bangladesh celebrates 10 years

The 10 Years Celebration programme of The Duke of Edinburgh's International Award was held at Gulshan Club in the city recently, a press release said. The celebration programme was graced by the presence of State Minister for Youth and Sports-Md. Zahid Ahsan Russel MP as Chief Guest, British High Commissioner...

BD's most well-funded startup

Shohoz, the largest online destination in the country, has been featured on CB Insights Startup Continent as Bangladesh's number 1 well-funded startup. The startup had started as an online ticketing platform, and now it has expanded its operation to ride-sharing and food delivery services with massive success, according to a...

National Tubes generates highest turnover (2019-09-09)

Ten most-traded companies accounted for more than 32 per cent transactions on the prime bourse Sunday with the National Tubes topped the chart after a long time.The state-run National Tubes was also the day's highest gainer, soaring 9.98 per cent on Sunday over the previous session.Market analysts said investors showed...

KDS recommends 15pc dividend

The board of directors of KDS Accessories Ltd has recommended 10 per cent cash and 5.0 per cent stock dividend for the year ended on June 30, 2019.The final approval of the dividend will come during the annual general meeting (AGM) scheduled to be held on November 7 at 11am...

Al-Arafah Islami Bank holds 5th Bangladesh Junior Science Olympiad 2019

The national round of 'Al-Arafah Islami Bank 5th Junior Science Olympiad-2019' was concluded at University of Asia Pacific Auditorium, in the city recently, said a press release. Architect Yeafesh Osman, Minister of Science and Technology was present as chief guest in the concluding ceremony. Among others, Shabbir Ahmed, Deputy Managing...

Office bearers of Bangladesh Cotton Association

Sultan Reaz Chowdhury Md Pavel Hossain Sultan Reaz Chowdhury and Md Pavel Hossain were elected as the president and secretary of Bangladesh Cotton Association (BCA) respectively, said a statement.The election was held in the city on Saturday. Other office bearers are - vice presidents Nuruzzaman, Zinat Halim, Abdullah...

News Briefs (09-09-2019)

Ashu Khullar Citi South Asia Cluster Head visits BangladeshCiti India CEO and Citi South Asia Cluster Head Ashu Khullar visited Bangladesh recently. During his visit, Mr. Khullar met clients, key stakeholders and community partners. He highlighted the potential of sustainable long-term economic growth of the country. He also emphasised on...

Alex Shteriev

Alex Shteriev, Managing Partner of Beacon Mergers & Acquisitions, Toronto, Canada, and Md. Tabarak Hossain Bhuiyan (Left), Managing Director & CEO of Prime Bank Investment Ltd, signing a MoU on Sunday to work in collaboration with each other

Md. Sirajul Hoque (4th from right- front row)

Md. Sirajul Hoque (4th from right- front row), Deputy Managing Director of Social Islami Bank Limited (SIBL), inaugurating an ATM Booth of the bank at Tukerbazar, Sylhet on Saturday

Another recent inversion could provide support for stocks

NEW YORK, Sept 8 (Reuters): A decline in interest rates on long-term US government bonds below the average stock dividend yield has received less attention than an inverted Treasury yield curve, but it could be a reason stocks find support after a bruising August.After the S&P 500 SPX suffered its...

DSE/CSE News in Brief (09-09-2019)

DSE NEWSResumption of tradingUnited Power Generation & Distribution Company Ltd.: Trading of the shares of the company will resume today (Monday) after record date.Buy intentionBank Asia Ltd.: Mrs. Farhana Haq, one of the sponsor directors of the company, has expressed her intention to buy 85,000 shares of the company at...