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Search date: 22-03-2019 Return to current date: Click here

Index sinks below 5,600-mark as sell-off continues

The prime index of the Dhaka Stock Exchange (DSE) dipped below 5,600-mark on Thursday as worried investors continued to sell their stocks.DSEX, the prime index of the DSE, went down by 30.40 points or 0.54 per cent to finish at 5,570. It was the lowest level of DSEX since January...

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Singer tops DSE turnover chart

Ten most traded companies accounted for 32 per cent of the transactions on the Dhaka Stock Exchange (DSE) on Thursday, with Singer Bangladesh making its way to the top of the turnover chart.Market analysts said investors were active on Singer Bangladesh shares throughout the day just ahead of its record...

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Asian shares rise after US Fed keeps rates on hold

Shares in Asia mostly rose on Thursday after the US Federal Reserve announced it was keeping interest rates on hold, and indicated that no more rate hikes would be coming in 2019, reports CNBC.Mainland Chinese shares gained on the day, as the Shanghai composite advanced 0.35 per cent and the...

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Islamic Finance declares 14.50pc div

The board of directors of Islamic Finance & Investment Ltd. has recommended 10 per cent cash and 4.5 per cent stock dividend for the year ended on December 31, 2018.The final approval of dividend will come at the annual general meeting (AGM) to be held in Dhaka on May 05,...

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News Briefs(22-3-2019)

IDCOL, IDLC to raise Tk 5025m term loan for SEZThe Infrastructure Development Company Limited (IDCOL) and the IDLC Finance Limited (IDLC) has been recently mandated by Sirajganj Economic Zone Limited (SEZ) to raise Tk 5025 million term loan for the development of the first phase of the economic zone to...

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Stocks have room to run, but global economy must pick up first

JP Morgan says there's still room for a global run-up in equities - but "the most important thing" is whether the world economy responds to efforts to spur its growth, reports CNBC.Stocks have recovered significantly in the United States and China and moved higher in Europe following last year's global...

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DSE/CSE News in Brief (22-03-2019)

Board meetingPrime Bank: As per Regulation 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Prime Bank has announced that a meeting of its Board of Directors will be held on March 28, 2019 at 3:00pm to consider, among others, audited financial statements of the company for the year...

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Dr Mohammad Haider Ali Miah

Dr Mohammad Haider Ali Miah, Managing Director & CEO of the Export Import Bank of Bangladesh Limited, and Md Miarul Haque, Country Manager of DHL Worldwide Express (BD) Pvt. Ltd., exchanging documents after signing an agreement between the two organisations in the city recently

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Arif Khan

Arif Khan, CEO & Managing Director of IDLC Finance Limited, Mahmood Malik, Executive Director & CEO of IDCOL, and Mahmud Hasan Khan, Vice Chairman of Sirajganj Economic Zone Limited, signing a term sheet in the city recently for raising Tk 5025 million term loan for the development of the first...

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Dr Md Salim Uddin

Dr Md Salim Uddin, Chairman, Executive Committee of Islami Bank Bangladesh Limited, and Chairman of Bangladesh House Building Finance Corporation, presenting a keynote paper on 'Sustainable Development Goal (SDG): A Universal Call for Transforming the World' at a seminar organised by the Chattogram Regional Committee of the Institute of Chartered...

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Faruq M Ahmed

Faruq M Ahmed, Managing Director & CEO of Trust Bank Limited, and Brigadier General Ashfaque Iqbal, Principal of the Dhaka Residential Model College, exchanging documents after signing an agreement on online tuition fees collection through 't-cash' and cards recently

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Mamun-Ur-Rashid

Managing Director & CEO of Standard Bank Ltd. Mamun-Ur-Rashid, Deputy Managing Director Md Motaleb Hossain and Chairman & Managing Director of Prime Group of Industries MA Awal seen at the signing ceremony of an agreement recently under which employees of Prime Group will get their salaries through savings account of...

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