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

Stocks gain as quarterly earnings buoy investor sentiment

The stock market extended a winning streak for the third day in a row on Tuesday, with the key index of the Dhaka bourse crossing 5,200 mark after three weeks amid renewed optimism.The market rally was largely supported by fundamentally-strong stocks, driven by favorable quarterly earnings disclosure of some of...

CVO Petrochemical's profit jumps 47pc on higher sales

CVO Petrochemical Refinery secured a 47 per cent year-on-year growth in profit to Tk 26.68 million in the second quarter (Q2) of FY25, driven by higher sales.The private petrochemical refinery's earnings per share (EPS) stood at Tk 0.96 for the quarter through December, up from Tk 0.66 for the same...

MTB JOINS DHAKA TRAVEL MART 2025 AS BANKING PARTNER

MTB JOINS DHAKA TRAVEL MART 2025 AS BANKING PARTNERMutual Trust Bank joined the 20th international tourism fair -- Dhaka Travel Mart 2025 -- as the banking partner. The Bangladesh Monitor organised the three-day fair. Md. Rozar Ibna Azad, head of brand, MTB, and Dr. Farhad Kamal, managing editor of The...

MERCANTILE BANK HOLDS ANTI-MONEY-LAUNDERING WORKSHOP

MERCANTILE BANK HOLDS ANTI-MONEY-LAUNDERING WORKSHOPMercantile Bank Training Institute recently organised a day-long workshop on "Prevention of Money Laundering & Combating Financing against Terrorism". Officials from various branches and divisions participated in the workshop. Mati Ul Hasan, managing director of the bank, inaugurated the workshop. Javed Tariq, principal of the training...

Summit Alliance Port surges over 14pc on foreign investment hype

FE REPORTSummit Alliance Port Limited's (SAPORTL) share price soared 14.36 per cent in two days as its subsidiary is to get foreign investment.Share price of the off-dock service provider & inland water container terminal operator went up to Tk 23.10 per share on the Dhaka Stock Exchange on Tuesday from...

Executive Committee meeting of Ansar-VDP Unnayan Bank

Executive Committee meeting of Ansar-VDP Unnayan Bank 206th meeting of the Executive Committee of the Board of Directors of Ansar-VDP Unnayan Bank was held on Monday with Chairman of Ansar-VDP Unnayan Bank and Director General of Bangladesh Ansar and Village Defense Party Major General Abdul Motaleb Sazzad Mahmud in the...

Gold hits over 2-month peak as dollar slips, all eyes on Trump

Gold prices surged to over a two-month high on Tuesday as the US dollar weakened, with the precious metal also supported by buying amid uncertainty surrounding Donald Trump's trade policies, reports Reuters.Spot gold climbed 0.4 per cent to $2,719.52 per ounce by 1059 GMT, reaching its highest level since Nov....

RFL displaying 20000 products at DITF

RFL, a leading business conglomerate of the country, is displaying its wide range of products in the largest pavilion of the Dhaka International Trade Fair (DITF). At RFL's pavilion, customers can find a wide range of household products, furniture, bicycles, building materials and electronic products under one roof. It offers...

Oil falls as traders digest Trump tariff reprieve, stronger dollar

LONDON, Jan 21 (Reuters): Oil prices fell on Tuesday as investors assessed US President Donald Trump's plans to apply new tariffs later than expected while boosting oil and gas production in the United States.Brent crude futures were down $1.37, or 1.71 per cent, at $78.78 per barrel at 1315 GMT....