FE Today Logo
Search date: 23-05-2019 Return to current date: Click here

Stocks edge up after two-day slump

Stocks posted a marginal gain on Wednesday amid sluggish trading activities, as investors showed their buying appetite on sector-specific shares.Market analysts said the stocks rebounded after the news that the Investment Corporation of Bangladesh (ICB) received Tk 7.60 billion on the day from the central bank under the capital market...

Read more

Ten most-traded cos capture 29pc turnover

Ten most-traded companies captured more than 29 per cent transaction of the Dhaka Stock Exchange (DSE) on Wednesday while Fortune Shoes topped the chart.Market insiders said investors continued to show their appetite on Fortune Shoes shares after the company posted a 35 per cent earnings growth in January-March, 2019 quarter...

Read more

EBL reappoints Managing Director

Ali Reza Iftekhar Eastern Bank Limited (EBL) has reappointed its Managing Director and CEO Ali Reza Iftekhar for another three years. He has been serving EBL in this position since 2007, said a statement. In a career of 34 years, Iftekhar has held important positions in local private and international...

Read more

New AMD of UCB

Syed Faridul Islam Mr. Syed Faridul Islam has recently joined United Commercial Bank Limited as the Additional Managing Director. Prior to joining UCB, he was the Deputy Managing Director & Chief Risk Officer of Prime Bank looking after on Credit, Information Security, Credit administration and Risk Management division of the...

Read more

Tazmeem elected Director of Ctg Chamber

Tazmeem Mostafa Mr Tazmeem Mostafa Chowdhury, Director of Standard Bank Capital Management Limited, has been elected as the Director of Chattogram Chamber of Commerce & Industry, said a statement.He is also Managing Director of Shawon Shipping Lines Ltd and Managing Director of Invoca Bangladesh Ltd.He is the eldest son of...

Read more

RutiRuji inks MoU with Shohoz

RutiRuji, the digital platform for blue/grey collar and unconventional jobseekers has recently signed a Memorandum of Understanding (MOU) with Shohoz, one of the leading ride sharing & online ticket providers of Bangladesh. The MOU signing ceremony took place at RutiRuji premises in Gulshan of the capital. Under this MOU, Shohoz...

Read more

US stocks dip, Qualcomm takes a beating

NEW YORK, May 22, (AFP): Wall Street stocks dipped early Wednesday amid lingering unease over the US-China trade conflict and as chip maker Qualcomm took a beating after a court ruled it violated antitrust law.About 15 minutes into trading, all three major indexes had shed 0.3 percent, with the Dow...

Read more

Sensex, nifty resume upmove a day ahead of election results

Indian equity benchmarks resumed the upmove after day's break in Wednesday's session a day ahead of outcome of general election due today (Thursday), reports NDTV Online. The benchmarks have gained in four out of the last five sessions. Earlier in the day, the S&P BSE Sensex rose as much as...

Read more

News Briefs(23-05-2019)

Nagad brings 'Eid Bonus' campaign "Nagad", the digital financial service of Bangladesh Postal Department has announced bonuses during the holy month of Ramadan for every digital KYC registration and hourly cash in. Customers will also be able to enjoy special offers as Eid bonus. The customer with highest amount of...

Read more

An awareness programme

An awareness programme on "Anti-Money Laundering and Combating Financing of Terrorism" was held on Wednesday at Bank Asia Tower at Karwan Bazar in the city. A Rouf Chowdhury, Chairman of Bank Asia, Mohd. Safwan Choudhury, Vice Chairman, Rumee A Hossain, Chairman of Board Executive Committee, Md. Nazrul Huda, Chairman of...

Read more

Islamic Bank CIBAFI Award 2019

Sheikh Saleh Abdullah Kamel, Chairman of Board of Directors, CIBAFI handed over the World's Best Islamic Bank CIBAFI Award 2019 to Professor Md. Nazmul Hassan, PhD, Chairman and Md. Mahbub ul Alam, Managing Director and CEO of IBBL at the Annual General Meeting of CIBAFI in Jeddah, KSA recently

Read more

NRB Bank inaugurates 116th Agent Outlet

NRB Bank Limited inaugurated its 116th Agent Outlet at Baliati Jomider Bari, Saturia, Manikgonj recently. Md. Khurshed Alam (5th from left), Deputy Managing Director of the Bank, formally inaugurated the outlet as the chief guest of the ceremony

Read more

Agreement signs between Aftab Feed Products and AAA Finance & Investment

An agreement was signed between Aftab Feed Products Ltd. and AAA Finance & Investment Ltd on Wednesday in order to appoint AAA Finance & Investment Ltd. as Issue Manager. Aftab Feed Products Ltd., a concern of Jahurul Islam Group will raise fund through IPO under book-building method. Khwaja Arif Ahmed,...

Read more