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Marginal loss in DSEX

Dhaka bourse closed the week with a marginal loss in terms of both index and turnover value, as investors adopted a cautious stance following a standoff between the central bank and the securities regulator.During the week, the large-cap companies having significant influence on the broad index saw price correction, which...

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IBTRA organised a 5-day training programme on 'Managerial Functions and Leadership'

Islami Bank Training and Research Academy (IBTRA) organised a 5-day training programme on 'Managerial Functions and Leadership'. Mohammed Monirul Moula, Managing Director & CEO of the bank, addressed the concluding session of the training on Thursday as the chief guest. Md. Omar Faruk Khan, Additional Managing Director of the bank,...

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MNCs see price correction

Most of the listed multinational companies (MNCs) witnessed price correction amid volatility this week.Of the 12 listed MNCs, 10 companies saw their share prices decline between 0.4 per cent and 7.5 per cent on the Dhaka Stock Exchange (DSE).On the other hand, share prices of only two companies -- Reckitt...

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News Briefs 18-09-2021

CAPM declares Unit Fund NAVCAPM Company Limited has declared the Net Asset Value (NAV) of CAPM Unit Fund. The total NAV of CAPM Unit Fund stood at Tk 182,375,409.49 on the basis of cost price and Tk 208,090,574.05 on the basis of market price at the close of the operations...

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Hyundai Heavy Industries shares jump above IPO price on debut

SEOUL, Sept 17 (Reuters): Hyundai Heavy Industries' shares closed 86 per cent above their initial public offering (IPO) price on their trading debut in South Korea on Friday.The shipbuilder, one of the largest in the world, raised $935 million from its IPO, with much of the proceeds set to fund...

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World stocks diverge as traders close out tough week

LONDON, Sept 17 (AFP): Stock markets were mixed Friday after a painful few days as traders tracked Delta variant developments, Chinese regulatory crackdowns, disappointing economic data and brewing geopolitical tensions.Asia's main indices closed out the week higher while Europe was lower after another tepid overnight lead from Wall Street, which...

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HK proposes allowing SPAC listings restricted to professional investors

HONG KONG, Sept 17 (Reuters): The Stock Exchange of Hong Kong, on Friday, proposed changing its rules to allow Special Purpose Acquisition Companies (SPACs) to list, a bid to tap the frenzy for such investment vehicles in the United States earlier this year.The proposal is open for public consultation, with...

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