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Stocks end lower despite extended trading time

Stocks ended marginally lower on Wednesday after choppy trading as risk-averse investors opted for booking profit on large-cap stocks.Market insiders said a section of investors went on late hours selling spree, particularly banking, financial institutions and telecom stocks, taking the market in the negative territory.Meanwhile, the trading time extended by...

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Western Marine EGM revises rights issue proposal

CHATTOGRAM, Sept 12: Western Marine Shipyard (WMS) held its seventh extraordinary general meeting (EGM) at the Chittagong Boat Club in the city recently with participation of general shareholders.The company's Chairman Saiful Islam, managing director Sakhawat Hossain and other directors of the board were present in the meeting.Mr. Islam expressed gratitude...

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News Briefs-(13-9-2018)

Trade suspensionTrading of the units of some mutual funds will remain suspended today (Thursday) due to record date. Trading of the units of the funds will resume on Sunday next. The MFs are: AB Bank 1st Mutual Fund, EBL NRB Mutual Fund, PHP 1st Mutual Fund, Popular Life 1st Mutual...

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Top ten traded companies clinch 39pc transaction

Top ten traded companies captured 39 per cent turnover of the major bourse on Wednesday while Khulna Power Company topped the chart for second day in a row.Market insiders said that despite the market closed lower, some investors continued to show their buying appetite on Khulna Power's shares amid higher...

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Midland Bank supports Shishu Bikash Kendra

As part of corporate social responsibility (CSR) in education, Midland Bank Limited (MDB) has provided financial assistance to run yearlong breakfast programme for the students of Shishu Bikash Kendra.Shishu Bikash Kendra is a school operated by ZONTA Club Dhaka III, located at Rayer Bazar in the city, according to a...

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Trade war takes a heavy toll on Chinese stocks

SHANGHAI, Sept 12 (Reuters): It's barely six months into a broadening Sino-US trade war, and the fallout has already driven China's stock markets into the same league as debilitated emerging markets such as Turkey, Argentina and Venezuela.With around a 20 per cent loss so far in 2018, Shanghai's stock market...

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Indian shares inch higher

Indian shares ticked higher on Wednesday after two consecutive sessions of sharp falls, while the rupee fell to a fresh low, stoking fears of an interest rate hike by the central bank at its next meeting in October, reports Reuters.Investors seemed reluctant to take positions as they awaited data on...

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DSE/CSE News in Brief (13-9-2018)

DSE NEWSResumption of trading"Reliance One" the first scheme of Reliance Insurance Mutual Fund: Trading of the units of the fund will resume today (Thursday) after record date.Apex Tannery Limited: Trading of the shares of the company will resume today (Thursday) after record date.Query responsePopular Life Insurance Company Limited: In response...

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'Review of Iron and Steel Market Global Perspective'

Chairman of Executive Committee of Islami Bank Bangladesh Limited and Chairman of Bangladesh House Building Finance Corporation Prof. Dr. Md. Salim Uddin, FCA, FCMA presenting a paper titled 'Review of Iron and Steel Market Global Perspective' in an international conference organised by Steel Group recently at a hotel in Chattogram...

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Md. Liakat Ali Chowdhury presiding over the 19th meeting

Chairman of risk management committee of Al-Arafah Islami Bank Limited Md. Liakat Ali Chowdhury presiding over the 19th meeting of the committee at the head office of the bank recently where Managing Director Md. Habibur Rahman and Executive Vice President and Company Secretary Md. Mahmudur Rahman were present

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