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

Stocks snap losing streak as major sectors surge

Stocks ended higher on Monday, snapping a two-day losing streak, as some investors showed their buying appetite on large-cap sectors.Market insiders said most of the investors showed their buying spree on banking, food, financial institutions and pharma issues, taking the market in the green territory.Accordingly, the food & allied sector...

List more cos having good fundamentals

Speakers at a seminar on Monday stressed the need for listing more companies having good fundamentals with the country's stock exchanges to enhance the depth of the capital market.They also laid emphasis on investors' awareness and increased participation of institutional investors for further growth of the capital market and the...

Evince Textiles to invest Tk 704m for expansion

Evince Textiles, which was placed in 'Z' category on September 24 from 'A' category due to 'no' dividend declaration for the year ended on June 30, 2018, has decided to invest about Tk 703.7 million for BMRE of its existing project.Of the total amount, Tk 554.10 million or 79 per...

Al-Arafah Islami Bank opens 163rd branch at Rangamati

Al-Arafah Islami Bank Limited opened the 163rd branch of the bank at Rangamati recently, according to a statement. Former State Minister for Chittagong Hill Tracts Affairs Dipankar Talukdar inaugurated the new branch as chief guest. Chairman of the bank Abdus Samad Labu presided over the ceremony. Vice Chairman Md. Abdus...

News Briefs-(09-10-2018)

Imtiaz U Ahmed SJIBL gets new DMDMr. Imtiaz U Ahmed has recently been promoted to the capacity of Deputy Managing Director of Shahjalal Islami Bank Limited (SJIBL). Prior to this promotion, he was working as SEVP & Head of Foreign Exchange Branch of the bank. With around 16 years of...

DSE/CSE News in Brief (9-10-2018)

DSE NEWSBoard meetingAdvent Pharma Limited: As per Regulation 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the company has informed that a meeting of the board of directors will be held on October 18, 2018 at 3:00 pm to consider, among others, audited financial statements of the company for...

42nd anniversary programmes of IFIC Bank

Managing Director and CEO of IFIC Bank Shah A Sarwar, cultural personality Ramendu Majumdar and senior executives of the bank inaugurating the bank's 42nd anniversary programmes at the head office at IFIC Tower in the capital on Monday

Eleash Mridha disclosing achievement of BRC certificate

Managing Director of PRAN Group Eleash Mridha disclosing the company's recent achievement of British Retail Consortium (BRC) certificate at a press conference at PRAN Center in the capital on Monday