Stocks continued to fall for the third consecutive session on Tuesday with the key index of the major bourse dipping below 5,800-mark after four days.Market operators said the investors followed cautious stance amid ongoing quarterly earnings disclosures while choppy trading sessions prompted them to cash in on stocks."The market continued...
Read moreShares of six listed companies lost prices ranging from 0.82 per cent to 6.25 per cent on Tuesday, after the securities regulator forming an enquiry committee due to the recent unusual price hike of the issues.Recently, the prices of shares of these companies rose up to 96 per cent during...
Read moreShare price of Jute Spinners, a "Z" category company, is soaring despite the company's production suspended nearly two years since June 2016.Within three consecutive sessions, the company's share price jumped more than 14.22 per cent or Tk 22.40 each to reach at Tk 179.90 on Monday. The company's share price...
Read moreThe bonded warehouse licence of Golden Son Limited has been temporarily restored, following an interim order of Customs Excise and Vat Appellate Tribunal.Earlier, Customs Bond Commissionerate imposed a penalty of above Tk 2.7 million and cancelled the bonded warehouse licence of the company.The actions were taken due to 'illegal' transfer...
Read moreGrameephone (GP), the largest market-cap listed company, dominated the Dhaka bourse's transaction chart Tuesday, while ten top-traded companies accounted for 32 per cent of the total transaction.Market insiders said investors rushed to bag profit on GP shares as the company's first quarter earnings failed to meet investors' expectation, taking the...
Read moreThe DevoTech, a technology platform rising from Bangladesh, launched its official journey at the DevoTech Technology Park in Gulshan, Dhaka on Tuesday, according to a statement. Minister for Information, Hasanul Huq Inu, MP, Political Adviser to the Prime Minister of Bangladesh, H T Imam, Minister for Post, Telecommunication and Information...
Read moreBSEC chairman gets two-year extension The government has extended the tenure of Bangladesh Securities and Exchange Commission (BSEC) Chairman Professor M. Khairul Hossain for two more years. Ministry of Public Administration on Tuesday issued a circular, extending the tenure for the second time. "The tenure of contractual appointment of Professor...
Read moreUnited Commercial Bank Ltd Additional Managing Director, HRMD Arif Quadri, senior executives and officials from different branches and related divisions of the bank's head office pose for a photograph during a five-day workshop on 'Credit Management' at the bank's Learning & Development Centre in the city recently
Read moreAmantex Limited signed recently an issue management agreement with ICB Capital Limited and LankaBangla Investments to raise capital through book building method. Aman Group Chairman Rafiqul Islam, Chief Executive Officer of ICB Capital Management Md. Sohel Rahman and Chief Executive Officer of LankaBangla Investment Jabed Ahsan Patwari seen present on...
Read morePresident of The Institute of Chartered Accountants of Bangladesh (ICAB) Dewan Nurul Islam FCA, Vice President Mahmudul Hasan Khusru FCA and Secretary Major General Muhammad Imrul Quayes, ndc, psc (Retd.) seen at a career counselling seminar titled 'Career Excellence Chartered Accountancy: Pathway to Business Leadership' organised by ICAB at North...
Read more© 2024 - All Rights with The Financial Express
