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Stocks crawl back, but turnover dips

The premier bourse returned to green zone on Thursday, breaking a losing streak that wiped 146 points off its benchmark index in the previous five successive sessions.But the turnover dipped down below Tk 4.0 billion-mark amid lower participation of investors in share trading.The day saw most of the major sectors...

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IBBL holds business development conference

A two-day business development conference of Islami Bank Bangladesh Limited began at a city hotel on Thursday, says a press statement. Arastoo Khan, Chairman of the bank, inaugurated the conference as the chief guest. Presided over by Md Abdul Hamid Miah, Managing Director and CEO, the conference was addressed by...

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10 companies grab 33pc turnover on DSE

The top 10 traded companies accounted for 33 per cent of the total turnover on the Dhaka Stock Exchange (DSE) on Thursday, with Square Pharmaceuticals making its way to the top of the gainers' chart.Square Pharma generated a turnover of Tk 290.2 million, contributing 7.6 per cent to the market...

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News Briefs-(12-01-2018)

Mercantile Bank signs agreement with BB on SME fund projectMercantile Bank Limited and Bangladesh Bank (BB) signed an agreement on 'Refinance Scheme for Small and Medium Enterprise Development Project' at Jahangir Alam Conference Centre of Bangladesh Bank on Wednesday. Kazi Masihur Rahman, Managing Director and CEO of Mercantile Bank, and...

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DSE/CSE News in Brief (12-01-2018)

DSE NewsUpdates on bonus shares BEXIMCO Ltd: BEXIMCO Ltd. has informed that has informed that the bonus shares of the company for the year ended 30 June 2017 have already been credited through CDBL to the respective shareholders' BO Accounts on January 10, 2018.CVO Petrochemical Refinery Ltd: CVO Petrochemical Refinery...

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Managing Director and CEO of Mercantile Bank and General Manager of MEDP-2 of Bangladesh Bank sign agreement

Kazi Masihur Rahman, Managing Director and CEO of Mercantile Bank, and Md Abul Bashar, General Manager of Financial Inclusion Department and Project Manager of SMEDP-2 of Bangladesh Bank, sign an agreement on 'Refinance Scheme for Small and Medium Enterprise Development Project' in the city on Wednesday.

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United Commercial Bank held its annual business conference

United Commercial Bank held its annual business conference at a city hotel on Thursday, with State Minister for Land Saifuzzaman Chowdhury as the chief guest.

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First Conference-2018 of regional and corporate branch managers of Pubali Bank Limited

The First Conference-2018 of regional and corporate branch managers of Pubali Bank Limited was held at the bank's head office in the city on Thursday, with its Chairman Habibur Rahman as the chief guest. Md Abdul Halim Chowdhury, Managing Director and CEO of the bank, presided over the event.

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Managing Director of Al-Arafah Islami Bank Ltd distributed certificates among the participants

Managing Director of Al-Arafah Islami Bank Ltd Md Habibur Rahman distributed certificates among the participants of a foundation training course for newly recruited Management Trainee Officers (MTO) in the city on Thursday.

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IFAD Motors Ltd signed an agreement with TVS Motor Company

IFAD Motors Ltd signed an agreement with TVS Motor Company at Bashundhara International Convention Centre in the city on Thursday. Shipping Minister Shajahan Khan, Indian High Commissioner Harsh Vardhan Shringla, IFAD Group Chairman Iftekhar Ahmed Tipu, IFAD Motors Managing Director Taskeen Ahmed and Senior Vice President (international business) of TVS...

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19th AGM of Dhaka Electric Supply Co Ltd

The 19th Annual General Meeting (AGM) of Dhaka Electric Supply Co Ltd (DESCO) was held in the city recently. Additional Secretary of Power Division and Chairman of DESCO Board Md Mahbub-ul-Alam presided over the meeting. The AGM approved 10per cent cash and 5.0 per cent bonus share as dividend.

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