Finance News: Latest Financial News, Finance News today in Bangladesh

Stocks stay afloat as banks keep gaining

Stocks witnessed yet another bullish session on Monday, extending the winning streak for the fourth day, the last session before a five-day Eid-ul-Azha vacation.Trading and official activities on bourses will remain closed from August 21 to August 25 on the occasion of Eid-ul-Azha, including the weekly holidays.Market operators said the...

BSEC warns 24 cos, officials of ensuring compliance

The Bangladesh Securities and Exchange Commission (BSEC) issued warning letters against 24 companies and their top officials in July last for non-compliance of the securities laws. The securities regulator asked them to ensure compliance of all the securities-related laws in future.Before issuing the letters, the BSEC sought explanations from the...

Midas Financing's share price soaring sans PSI

The share price of Midas Financing is soaring having no undisclosed price sensitive information (PSI).The non-bank financial institution's share price jumped 49 per cent or Tk 10.10 each within five trading days to close at Tk 30.80 on Monday.Following the recent abnormal price hike of the company's share, the Dhaka...

Ten cos clinch 27pc turnover of DSE

Top ten traded companies captured more than 27 per cent transaction of the Dhaka bourse on Monday with four banks among the top ten most traded stocks.Market insiders said the banking sector attracted the investors most as they find an alternative to low-cap stocks and junks, which were facing a...

News Briefs-(21-8-2018)

DBBL partners with WWBWith support from MetLife Foundation, Women's World Banking (WWB) has partnered with Dutch-Bangla Bank Limited (DBBL) to increase the usage of mobile financial services by low-income women in Bangladesh. As the pace of innovation in the financial services industry grows, women are in danger of falling further...

DSE/CSE News in Brief (21-8-2018)

DSE NEWSDisbursement of dividend Berger Paints Bangladesh Ltd.: The company has informed that it has disbursed the cash dividend for the year ended on March 31, 2018 to the respective shareholders' bank accounts through BEFTN.Resumption of tradingNational Life Insurance Company Ltd.: Trading of the shares of the company will resume...

Wall Street mostly up ahead of US-China talks

NEW YORK, Aug 20 (AFP): Wall Street stocks were mostly higher early Monday on hopes that impending US-China trade talks will avert greater conflict between the two countries.About 40 minutes into trading, the Dow Jones Industrial Average was at 25,778.83, up 0.4 per cent.The broad-based S&P 500 rose 0.2 per...

Italy's Atlantia takes fresh hit to share price

ROME, Aug 20 (AFP): Italian infrastructure group Atlantia took a fresh hit on the Milan stock market on Monday, with its share price falling by more than nine per cent.At 08:15 GMT the shares had lost 9.33 per cent of their value, erasing a minor rally it had staged at...

Correction (21-8-2018)

A report titled 'Dragon Sweater recommends 20 per cent dividend' published in FE's Monday's issue carried wrong information. The company actually recommended 5.0 per cent cash and 20 per cent stock dividend. We regret the inadvertent mistake.

Documents being exchanged after signing an agreement between Premier Bank Limited and SSL Wireless

The documents being exchanged after signing an agreement between Premier Bank Limited and SSL Wireless in presence of the bank's Additional Managing Director Abdul Jabber Chowdhury and SSL Chief Operating Officer Ashish Chakraborty in the capital recently. Under the deal, subscribers from across the country will be able to pay...

DMD and Chief Business Officer of DBBL Md. Monzur Mofiz

DMD and Chief Business Officer of Dutch-Bangla Bank Limited (DBBL) Md. Monzur Mofiz, Director of Strategic Partnerships and Business Development at Women's World Banking Gil Lacson, VP of Strategic Partnerships and Business Development at Women's World Banking Anna Gincherman, and Head of Communications at MetLife Samina Yasmin seen at an...

NRB Bank Limited A. K. M. Kamal Uddin

Head of Corporate Banking of NRB Bank Limited A. K. M. Kamal Uddin and General Manager & Company Secretary (additional charge) of Titas Gas Transmission & Distribution Company Limited Mahmudur Rab exchanging documents after signing an agreement on behalf of their respective companies at Titas Bhaban in the city recently....

NRB Global Bank Md. Golam Sarwar

Additional Managing Director of NRB Global Bank Md. Golam Sarwar and General Manager & Company Secretary (additional charge) of Titas Gas Transmission & Distribution Company Limited Mahmudur Rab exchanging documents after signing an MoU on behalf of their respective organisations in the city recently, in presence of Managing Director of...