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

Stocks keep falling for fourth straight week

Stocks witnessed yet another bearish week, extending the losing streak for the four weeks in a row that ended Thursday, as ongoing pessimism kept investors mostly inactive.Dealers said the ongoing pessimism coupled with lack of direction prompted retail investors to sell stocks while institutional investors mostly adopted 'wait-and-see' strategy ahead...

Titas Gas approves 22pc dividend

The 36th annual general meeting (AGM) of Titas Gas Transmission & Distribution Company was held Thursday at Officers' Club in Dhaka for the Fiscal Year (FY) 2016-2017.Nazimuddin Chowdhury, secretary of Energy & Mineral Resources Division & chairman of Titas Board, presided over the AGM where directors and a good number...

Yeakin Polymer now in B-category

Yeakin Polymer will be downgraded to 'B' category from existing 'A' category with effect from Sunday next as the company approved 5.0 per cent stock dividend for the year ended on June 30, 2017."The stock brokers and merchant bankers are requested to abstain from providing loan facilities to their clients...

BAPEX holds 28th AGM

The 28th Annual General Meeting of Bangladesh Petroleum Exploration & Production Company Ltd. (BAPEX) was held at Bangladesh Shooting Sports Federation at Gulshan in the city recently. The shareholders and members of the Board of Directors of the company attended the meeting, with Nazimuddin Chowdhury, Chairman of BAPEX Board and...

Madrid stocks sink on Catalan woes, London hits record

LONDON, Dec 22, 2017 (AFP) - The Spanish stock market sank Friday after a victory for Catalan separatists in a snap poll, but London hit a record peak in a "Santa Rally" before closing early for Christmas.Madrid's benchmark IBEX 35 index of top companies dived by around 1.5 percent in...

Nifty hits 10,500 for first time

The Nifty hit 10, 500 for the first time Friday while the Sensex also hit a fresh all-time high, powered by gains in banking, IT and auto stocks, reports NDTV Online. Higher global markets also boosted sentiments. The Nifty at its day's high hit 10,501 before closing 52 points lower...

NRB Global Bank opens Kalatia branch

NRB Global Bank formally opened its Kalatia Branch as 46th Branch at Keranigonj, Dhaka recently.Mr. Nizam Chowdhury, Chairman of the bank inaugurated the operations of the branch as chief guest.Managing Director (current charge) Md. Golam Sarwar, Head of GSD Zulfiquar Ali Khan, Divisional Heads of Head office, Branch Managers, clients...