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Search date: 13-05-2019 Return to current date: Click here

Stocks dip amid choppy trading

Stocks slipped back into the red on Sunday, after a single-session break, as investors booked profits with cautious positioning.Market analysts said the investors mostly followed cautious stance in the month of holy Ramadan while some selling shares after poor quarterly earnings declaration by a number of companies.The government took a...

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DSE to unearth reasons for ACI subsidiary's loss

The country's premier bourse has asked its chief regulatory officer (CRO) to submit a report by probing into the reasons of chronic loss of Swapno, a subsidiary of ACI Limited.The concerned committee of the Dhaka Stock Exchange (DSE) took the decision on Sunday as the ACI's explanation regarding continuous loss...

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Two cos to raise capital through SME Platform

Two small cap companies namely Krishibid Seed and Annex Suites have taken initiatives to raise capital through SME Platform of the country's premier bourse.As part of the process of raising capital, both the companies have signed agreement with their issue manager-- MTB Capital.The Dhaka Stock Exchange (DSE) formally launched the...

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V-Next platform launched

The 2nd China-Bangladesh Capital Market Cooperation Seminar took place at Shenzhen Stock Exchange recently to increase Chinese investment in Bangladeshi market.Shenzhen Stock Exchange is the world's 8th largest stock exchange.Besides, for increasing Chinese investment in Bangladesh, V-Next platform has been launched in the seminar. With the help of this platform,...

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Ten most-traded companies capture 30pc turnover

Ten most-traded companies captured more than 30 per cent transaction of the Dhaka Stock Exchange (DSE) Sunday while Fortune Shoes topped the chart for fifth straight session.Market analysts said investors continued to show their appetite on Fortune Shoes shares after the company posted a 35 per cent earnings growth in...

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Islamic Finance to issue bond worth Tk 3.0b

The board of directors of Islamic Finance & Investment has approved to issue IFIL Mudaraba non-convertible fully redeemable subordinated bond of Tk 3.0 billion, said an official disclosure on Sunday.The company will issue the bond only for raising fund subject to the approval of the regulatory authorities - Bangladesh Bank...

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A Rouf Chowdhury re-elected as chairman of Bank Asia

Mr. A. Rouf Chowdhury has been re-elected as Chairman of Bank Asia at a meeting of the Board of Directors of the Bank held recently.He is the main promoter of Bank Asia, said a statement.Mr. Chowdhury is an eminent businessperson and industrialist of the country. He is the Chairman of...

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News Briefs (13-05-2019)

Premier Bank's 20th AGM heldThe Premier Bank Limited has approved 15.50 per cent dividend for their shareholders. In the 20th Annual General Meeting held in International Convention City, this dividend has been declared. As the president of the ceremony, Dr. H. B. M. Iqbal, the Chairman of the Bank informed...

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20th Annual General Meeting of Premier Bank

Chairman of Premier Bank, Dr. H. B. M. Iqbal, Vice Chairman Moin Iqbal, Advisor Muhammed Ali and Managing Director & CEO M. Reazul Karim, FCMA seen along with directors in the 20th Annual General Meeting of the bank held in International Convention City on Sunday

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IBCF organises national seminar

Islamic Banks Consultative Forum (IBCF) organised a national seminar on "Welfare Banking & Cash Waqf" at Pan Pacific Sonargaon Hotel, Dhaka recently. Prof. Dr. Khairul Hossain, Chairman of Bangladesh Securities and Exchange Commission, was present in the programme as the chief guest while Professor Anwarul Azim Arif, Chairman of Social...

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NRB Bank launched Debit Card for Agent Banking Customers

Md. Mehmood Husain, Managing Director & CEO of NRB Bank Limited, launched Debit Card for Agent Banking Customers at Corporate Head Office recently. By using this ATM card, NRB Bank Agent Banking Customers will be able to withdraw money from any bank's ATM Booth without any charge

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