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DSE turnover hits 14-month high

Stocks witnessed a marginal correction on Monday, snapping recent rally, as investors booked quick-profit, particularly on financial issues.Market analysts said stocks returned to the red as a section of investors opted for booking profit on stocks which saw sharp gain in recent price upsurge.Banking sector witnessed the highest correction, losing...

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'Rupali' app to help boost fish production

The ACI Agribusiness is developing a digital platform called 'Rupali', an android application, under a project to help farmers and other stakeholders get advice and information about aquaculture at their fingertips. The project will initially target five southwestern districts-Bagerhat, Khulna, Gopalganj, Satkhira and Jessore-the first three have fish productivity below...

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DSE restructures two price indices

The Dhaka Stock Exchange (DSE) has restructured two price indices and added 15 companies to the benchmark index, DSEX, a move that will help gauge the market more accurately.The DSE reconstituted the indices in line with DSE Bangladesh Index Methodology designed by S&P Dow Jones Indices, a global leader in...

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Walton IPO road show today

Walton Hi-Tech Industries Limited (WHIL) will hold IPO (initial public offering) road show for eligible institutional investors today (Tuesday) as part of going public under book building method.At the road show, the company will present detailed information about the company as per public issue rules.The road show will be held...

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ICSB urges commerce minister to incorporate its recommendations on proposed Companies Act

The Institute of Chartered Secretaries of Bangladesh (ICSB) has urged the Commerce Minister to incorporate ICSB's recommendations on the proposed Companies Act within shortest period of time.The ICSB plea was made on Monday when the Council Members of ICSB led by its president Mohammad Sanaullah FCS called on Tipu Munshi,...

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Wall Street opens lower after Citi results, China trade data

US stocks opened lower on Monday in broad-based declines after Citigroup posted an unexpected fall in revenue, adding to fears of a sharper slowdown in global economic growth that resurfaced after data showed an unexpected drop in China's trade, reports Reuters.The Dow Jones Industrial Average .DJI fell 115.42 points, or...

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News Briefs (15-1-2019)

MTB inks deal with Falcon ConsortiumMutual Trust Bank Limited (MTB) and Falcon Consortium have recently signed an agreement for operation and maintenance of MTB Air Lounge at Shah Amanat International Airport (SAIA), Domestic Terminal, Chattogram. The lounge, which was formally inaugurated recently is fulfilling a long-felt need of MTB customers...

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DSE/CSE News in Brief (15-1-2019)

DSE NEWSDisbursement of dividendM.I. Cement Factory Ltd.: The company has disbursed the cash dividend for the year ended on June 30, 2018 to the respective shareholders' Bank Accounts through BEFTN system.Miracle Industries Limited: The bonus shares of the company for the year ended on June 30, 2018 have already been...

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MTB and Falcon Consortium signs agreement

Mutual Trust Bank Limited (MTB) and Falcon Consortium have recently signed an agreement for operation and maintenance of MTB Air Lounge at Shah Amanat International Airport (SAIA), Domestic Terminal, Chattogram. Mahfuz Ahmed & Sayed A. Amin, Joint Venture Partners of Falcon Consortium and Anis A. Khan, Managing Director & CEO...

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Annual Business Conference-2019 of NCC Bank

The two-day long "Annual Business Conference-2019" of NCC Bank Ltd ended recently at Royal Tulip Beach Resort in Cox's Bazar. Md. Nurun Newaz Salim, Chairman of the Bank, inaugurated the conference as chief guest and Sohela Hossain, Vice chairman of the Bank, graced the occasion as special guest. Mosleh Uddin...

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Annual Conference 2019 of Rupali Insurance Company

Mostafa Golam Quddus, Chairman of Rupali Insurance Company Limited, P. K. Roy, FCA, Chief Executive Officer, Mohd. Alamgir, Additional Managing Director and Fauzia Quamrun Tania, Deputy Managing Director seen in the Annual Conference, 2019 held recently in Imperial Convention Center at Malibagh Chowdhury Para in the city

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