Stocks extended the winning streak for a second straight week that ended on Thursday, with smart investors putting fresh bets on heavyweight banking shares amid positive expectations.Of the five trading days during the week, the first session closed lower while the last four sessions saw gains.Week on week, the benchmark...
Read moreDhaka Bank Limited signed an agreement with RAK Ceramics (Bangladesh) Limited for payroll banking services at the bank’s corporate head office in the city recently.Emranul Huq, Managing Director & CEO of Dhaka Bank, and SAK Ekramuzzaman, Managing Director of RAK Ceramics, signed the agreement while Mustafa Husain, EVP & Manager...
Read moreTwo new mudaraba perpetual bonds -- IBBL 2nd Mudaraba Perpetual Bond and SJIBL Mudaraba Perpetual Bond -- will open for public subscription tomorrow (Sunday).The subscription through the electronic subscription system of the stock exchanges will continue until December 02, according to Dhaka Stock Exchange (DSE).The Islami Bank Bangladesh Limited (IBBL)...
Read moreSocial Islami Bank Limited inaugurated its 96th sub-branch at Uttarkhan in Dhaka recently. Deputy Managing Director Md Shamsul Hoque inaugurated the sub-branch through a virtual platform
Read moreCAPM 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 143,035,412.93 on the basis of cost price and Tk 161,804,331.30 on the basis of market price at the close of the operations...
Read moreGlobal corporate dividends are set to reach a record high this year, as a rebound in business activity and a rise in consumer demand boosted profits for most sectors which were hit by the pandemic last year, reports Reuters.According to a Reuters analysis of Refinitiv data for 3,394 global companies...
Read moreHONG KONG, Nov 19 (Reuters): Asian shares sat out a global rally on Friday as disappointing earnings from Chinese e-commerce giant Alibaba reinforced worry about slowing growth in the world's second-largest economy, even as European and US share futures indicated gains.Elsewhere, Turkey's lira could not break far from Thursday's record...
Read moreBEIJING, Nov 19 (Reuters): China's central bank and banking and insurance regulator issued draft rules on Friday on the issuance of perpetual bonds by country's insurance companies.The new rules aims to improve the capital replenishment and risk resistance of insurance firms, and to protect the interests of investors, the People's...
Read more© 2024 - All Rights with The Financial Express
