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Search date: 22-05-2018 Return to current date: Click here

Stocks break 13-day slump riding on financial stocks

Stocks got back to green territory Monday, snapping the longest ever 13-session bearish spell, as optimistic investors took position on undervalued shares.Brokers said the market rebounded moderately after substantial losses as investors showed their buying appetite on sector specific stocks, especially banking and non-bank financial issues."Against the backdrop a free...

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Subscription hits 9-time high, lottery on May 30

Bashundhara Paper Mills, a concern of Bashundhara Group, will hold IPO lottery on May 30 to allocate shares among the successful general applicants.The company's initial public offering (IPO) hit more than nine-time higher than the shares earmarked for the general investors, officials said. The lottery programme will be held at...

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Share price of two cos soaring sans PSI

The share prices of two companies -- Queen South Textile and Legacy Footwear -- are soaring without any price sensitive information (PSI).Within four trading sessions, the share price of Queen South Textile jumped more than 30 per cent or Tk 12 each to reach Tk 51.80 on Sunday at the...

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News Briefs-(22-5-2018)

UCB signs deal with Telenor Health Telenor Health and United Commercial Bank Limited (UCB) recently signed an agreement to provide Upay customers with Tonic benefits on usage of Upay. The agreement was signed by Sajid Rahman, CEO of Telenor Health, and A.E.A Muhaimen, MD and CEO of United Commercial Bank...

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DSE/CSE News in Brief (22-5-2018)

DSE NEWSSuspension of tradingTrust Bank Ltd.: Trading of the shares of the company will remain suspended on its record date, today (Tuesday). Trading of the shares of the company will resume tomorrow (Wednesday).Social Islami Bank Ltd.: Trading of the shares of the company will remain suspended on its record date,...

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Indian stocks fall for fifth session

Indian shares ended lower for a fifth straight session on Monday, with the NSE index closing at its lowest level in more than a month, as political turmoil in the southern state of Karnataka unnerved investors, reports Reuters.The broader NSE index closed 0.75 per cent lower at 10,516.70, while the...

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Sri Lankan shares fall to near 1-week closing low

COLOMBO, May 21 (Reuters): Sri Lankan shares declined to a near one-week closing low on Monday, dragged by diversified stocks, as investors waited for more clarity on the political and economic front.But foreign investors bought the island nation's risky assets on a net basis, capping the fall.The Colombo stock index...

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Modhumoti Bank Limited sponsor for Ratna's expedition of Mount Kilimanjaro

Professor Bulbul Sarwar, an eminent poet, writer and translator handing over a flag of Bangladesh to mountaineer Reshma Nahar Ratna at National Press Club in the city on Monday in presence of senior executives of Modhumoti Bank Limited, the sponsor for Ratna's expedition of Mount Kilimanjaro, the highest mountain in...

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Managing Director & CEO of NRB Bank Limited Md. Mehmood Husain handing over a cheque

Managing Director & CEO of NRB Bank Limited Md. Mehmood Husain handing over a cheque to farmer Tuku Sheikh as agri loan at the bank's Bogura branch recently as part of Argi-Loan Disbursement Project while Chief Operating Officer Imran Ahmed FCA, Head of Retail Banking Rahat Shams, Head of SME...

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Diesel generator customer meet of Energypac Power Generation

Chief Services Officer of Energypac Power Generation Ltd. (EPGL) K M Abu Raihan seen along with high officials of different companies from Narayanganj, Rupganj, Narsingdi and Araihazar regions at a diesel generator customer meet recently

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