The stock market continued its downward trend for the second straight session on Monday as the selling pressure on multinational companies persisted. Market analysts said the index fell as shaky investors opted to book profit on stocks, particularly multinational companies (MNCs), which saw sharp gains in recent days.Among the MNCs,...
Read moreThe JMI Group has forayed into the booming LPG business and now looks to grab a significant portion of the market share by utilising investments from foreign and local sources.The conglomerate, having businesses especially in healthcare sector, has initiated an integrated LPG (liquefied petroleum gas) business and the JMI Industrial...
Read moreThe Bashundhara Paper Mills has set up a new European brand automated tissue machine using the IPO fund, its board of directors has announced.Bashundhara Paper Mills, a concern of the country's leading business conglomerate Bashundhara Group, raised a capital of Tk 2.0 billion by floating more than 26 million ordinary...
Read moreIPDC Finance has revised down the offer price for the rights shares to be issued to the existing shareholders.As per the revised decision, the offer price for the rights issues will now be Tk 12 each, including a premium of Tk 2.0, instead of Tk 13 previously declared by the...
Read moreMd Nazimuddoula Premier Bank gets new DMDThe Premier Bank Limited has recently appointed Md Nazimuddoula as its Deputy Managing Director and Chief Human Resources Officer. Prior to his new assignment, Mr Nazimuddoula served at Shahjalal Islami Bank Limited and led a number of functional divisions. He has 31 years of...
Read moreDSE NEWSRecommendation of dividendGreen Delta Insurance Ltd.: The board of directors has recommended 10 per cent cash and 10 per cent stock 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 Trust Milonayaton, 545,...
Read moreMarkets in Asia were mixed on Monday with investors watching out for developments on the US-China trade situation, as negotiations are set to continue in Beijing later this week, reports CNBC.The mainland Chinese markets, which were offline much of last week due to the Lunar New Year holidays, saw gains...
Read moreEuropean stocks jumped higher on Monday, with market participants looking ahead to a fresh round of US-China trade talks this week, reports CNBC.The pan-European Stoxx 600 was up around 0.8 per cent during mid-afternoon trade, with all sectors and major bourses in positive territory.Banks were the best performers Monday, with...
Read moreManaging Director of Square Toiletries Limited Anjan Chowdhury and other officials seen at the company's Annual Sales Conference- 2019 held at a hotel in Cox's Bazar recently
Read moreMd Harun Or Rashid, Managing Director of Bangladesh Telecommunication Company Ltd. (BTCL), and Kamal Quadir, Chief Executive Officer of bKash, exchanging documents of an agreement at a ceremony held at the BTCL head office recently. Under the agreement, customers can pay BTCL bill through bKash across the country
Read moreChairman of Takaful Islami Insurance Limited Anwer Hossain Khan presiding over the 100th meeting of its Board of Directors at a city hotel recently
Read more© 2024 - All Rights with The Financial Express
