Stocks plummeted on Sunday, pushing the benchmark index down to one-month low, as risk-averse investors went on a selling spree in large-cap sectors' shares.DSEX, the prime index of the Dhaka Stock Exchange (DSE), dipped 48.18 points or 0.82 per cent to settle at more-than-one-month low of 5,763.Market analysts said banking,...
Read moreSome listed multinational companies (MNCs) have witnessed a continuous rise in their share prices over the last 10 sessions.The share prices rose as high as 34.73 per cent from January 27 to February 10 on the Dhaka Stock Exchange (DSE).LafargeHolcim Bangladesh, however, bucked the trend as it saw price correction...
Read moreMidland Bank Limited has opened its Rajshahi Branch at Boalia recently, said a statement. Ahsan-uz Zaman, Managing Director & CEO of the bank, along with AHM Khairuzzaman Liton, Mayor of Rajshahi City Corporation, and AFM Shahinul Islam, General Manager, Bangladesh Bank, Rajshahi Office, formally inaugurated the branch at New Market...
Read moreThe United Power Generation dominated the Dhaka bourse's turnover chart on Sunday while ten most traded companies captured more than 32 per cent of transactions.Market analysts said the investors continued to show their buying appetite for United Power Generation & Distribution Company's shares as it posted modest earnings growth for...
Read moreDP World, one of the world's largest port operators, is launching its first hyperloop project in India, its chairman told CNBC on Sunday.Last year, DP World, UAE's state-owned port operator, signed a partnership with Virgin Hyperloop One to develop a cargo transporter. Now it's revealed its first project destination will...
Read moreModhumoti Bank holds 'Business Dev Meeting'Modhumoti Bank Limited held a 'Business Development Meeting' for bank branches located in Dhaka and its nearby areas at its head office in the city recently. Md Shafiul Azam, Managing Director & CEO of the bank, inaugurated the programme where the management has given strategic...
Read moreDSE NEWSRecommendation of dividendPrime Insurance Company Ltd.: The board of directors has recommended 10 per cent cash dividend for the year ended on December 31, 2018. The AGM of the company will be held on March 31, 2019 at 11:00 am at Hotel Purbani Ltd., Dilkusha, Dhaka. The record date...
Read moreMd Shafiul Azam, Managing Director & CEO of Modhumoti Bank Limited, and Kazi Ahsan Khalil, Deputy Managing Director, posing with senior officials of the bank at a 'Business Development Meeting' for bank branches located in Dhaka and its nearby areas at its head office in the city recently
Read moreRumee A Hossain, chairman, Board Executive Committee of Bank Asia Ltd. and director of Bank Asia Foundation, Md Arfan Ali, president and managing director, and other officials posing with the meritorious students from Cumilla-Noakhali region who received higher education scholarship from the bank at a ceremony organised by the Bank...
Read moreMd Rafiqual Alam Bhuiyan, Deputy Managing Director of Pragati Life Insurance Limited, handing over a cheque for Tk 4,985,208 to Aneeq Hossain Chowdhury, Head of Shared Services of Grameenphone, as death claim of its employee (Area Manager) late Mozammel Hoque Molla under Group Insurance Policy recently
Read moreLutful Habib, Acting Head, Retail Banking, Standard Chartered Bank, and James P McDonald, General Manager of InterContinental Dhaka, exchanging documents of an (MoU) on behalf of their respective organisations recently. Under the MoU, the bank's Signature, Platinum, Titanium credit card and Priority banking debit card holders will now be able...
Read moreThe name of 'CAPM Venture Capital & Finance Limited (CVCFL)' has been changed to 'CVC Finance Limited' through a programme at its head office in the city on Saturday. Chairman of the company Mahmud Hussain, Managing Director Mustafizur Rahman and other officials seen cutting a cake at the programme
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