Stocks extended the losing streak for the third straight session on Thursday, as worried investors continued their selling binge on shares of major sectors.DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 26.80 points or 0.56 per cent to settle at 4,710 over the previous day.Market...
Read moreWata Chemicals, a listed company in the pharmaceuticals & chemicals sector, posted the highest EPS (earnings per share) growth among its local peers in fiscal year (FY) 2018-19.The company's EPS for FY '19 stood at Tk 11.63, registering an increase of 164 per cent over the previous fiscal when the...
Read moreTen most traded companies accounted for nearly 27 per cent of transactions on the prime bourse on Thursday, with Renata generating the highest turnover.Market analysts said investors were active on Renata shares throughout the session following the news of amalgamation of Renata and Renata Oncology.The board of directors of Renata...
Read moreThe 35th annual general meeting (AGM) of The IBN SINA Pharmaceutical Industry Ltd was held at Emmanuelle's Convention Centre in the city on Thursday, said a statement. Shah Abdul Hannan, Chairman of the company, presided over the meeting.The AGM approved 30 per cent cash dividend after evaluating the financial report...
Read moreCountry's leading consumer electronics and home appliance brand Singer has partnered with NTV to initiate a family show 'Singer Family and Fun', says a statement. A memorandum of understanding (MoU) was signed in this regard on Thursday. Managing Director and CEO of Singer Bangladesh Limited MHM Fairoz, NTV's Head of...
Read moreHONG KONG, Nov 14 (Reuters): Alibaba's planned $13.4 billion share sale will be Hong Kong's first paperless stock market listing, a source with knowledge of the matter said, breaking with a long-held tradition of investors placing stock orders in bank branches.Companies carrying out initial public offerings in Hong Kong have...
Read moreThe United Commercial Bank Limited opened its 192nd branch in Boalkhali, Chattogram, on Thursday. The photo shows Director of the bank Nurul Islam Chowdhury (7th from left) along with Managing Director Mohammed Shawkat Jamil (6th from left) inaugurating the branch
Read moreJamuna Bank opens its 136th branch at BSCIC industrial area in Fatulla, Naraynganj, recently. The photo shows Jute & Textile minister Golam Dastagir Gazi (4th from left, front row) along with Managing Director & CEO of Jamuna Bank Mirza Elias Uddin Ahmed inaugurating the branch
Read moreMohiuddin Monem Mohiuddin gets Best Taxpayer Award ASM Mohiuddin Monem, Deputy Managing Director of Abdul Monem Ltd. and Chairman of ServicEngine Ltd., has been honoured with the Best Taxpayer Award for 2018-19. This is the sixth consecutive year he won the award. Mr. Monem praised this initiative taken by the...
Read moreThe first Microenterprise Summit will be held in Dhaka on December 5, says a statement.IPDC Finance Limited, EMK Center, ICCO Cooperation, University of Liberal Arts Bangladesh (ULAB) and Dhaka Tribune have come together to initiate the summit. The main objective of the summit is to foster, promote and coordinate microenterprises...
Read moreCredit ratingPremier Leasing & Finance Limited: ARGUS Credit Rating Services Limited (ACRSL) has announced the rating of the company as "A+" for long term and "ST-2" for short term in consideration of financials of the company up to December 31, 2018 (audited), 1HFY19 (unaudited) and other relevant quantitative as well...
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