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

Major sectors face price corrections on DSE

The Dhaka bourse on Sunday closed marginally lower due to price corrections witnessed by the major sectors.On the day, most of the major sectors declined marginally on the Dhaka Stock Exchange (DSE).The large cap companies such as Grameenphone, MJL Bangladesh and British American Tobacco Bangladesh Company drag the broad index...

Prime Bank signs MoU with Uttara Motors

Prime Bank has recently signed an agreement with Uttara Motors Limited at bank's head office in Dhaka. In presence of Rahel Ahmed, Managing Director & CEO of Prime Bank and Matiur Rahman, Chairman & Managing Director of Uttara Motors Ltd., the agreement was signed by ANM Mahfuz, Head of Consumer...

Pragati Life Ins holds 19th AGM

The 19th Annual General Meeting (AGM) of Pragati Life Insurance Limited was held on Sunday at KIB Auditorium, Khamarbari, Dhaka. The Director of the Company Syed M. Altaf Hussain presided over the meeting. The Shareholders unanimously approved 15 per cent cash dividend and 15 per cent stock dividend for the...

United Power tops gainers' list

United Power Generation & Distribution Company (UPGDC) topped the chart of top 10 gainers following investors' increased participation.The company featured a turnover of Tk 178.60 million on Sunday and grabbed 3.81 per cent of the total turnover featured by the Dhaka Stock Exchange (DSE).The company's share price declined 1.41 per...

SBAC Bank IT Division

South Bangla Agriculture & Commerce (SBAC) Bank IT Division organised a training workshop on 'Awareness of Digital Transformation & Cyber Security' at its head office on Saturday. The Bank's Managing Director and CEO, Md. Golam Faruque and Additional Managing Director Mostafa Jalal Uddin Ahmed seen

Md. Shafiul Azam

Md. Shafiul Azam (8th from right), Managing Director & CEO of Modhumoti Bank Limited, witnessing an MoU signing ceremony with May International Trade Services Limited on Sunday at the bank’s head office premises.Under this agreement, the employees of May International Trade Services Limited will enjoy exclusive benefits of payroll services...

News Briefs (26-08-2019)

CSE-50 index revisedThe Chittagong Stock Exchange (CSE) has revised its CSE-50 index on the basis of the performance of the listed companies. The new index will be effective from September 08, 2019. The new companies which have been included in CSE-50 index are British American Tobacco Bangladesh Company and The...

DSE News in Brief (26-08-2019)

Spot tradingTrading of the units of NLI First Mutual Fund, Southeast Bank 1st Mutual Fund, Green Delta Mutual Fund and DBH First Mutual Fund will be allowed only in the Spot Market from today to August 27, 2019 as the record date of the funds is on August 28, 2019.Withdrawal...

FPI surcharge removal, stimulus measures likely to boost Indian markets: Experts

India's stock markets may see a relief rally this week after the government removed enhanced surcharge on FPIs and also unveiled various measures to jumpstart growth, analysts said, according to Business Standard.Giving in to the demands of overseas investors, Finance Minister Nirmala Sitharaman on Friday announced rollback of enhanced surcharge...

No ready spark seen for lagging US energy shares

NEW YORK, Aug 25 (Reuters): There may be little relief on the horizon for investors in US energy companies, whose shares moved from darlings to dismal performers during Wall Street's record bull run and now face a shaky global economy, doubts about fossil fuel investments and general market skepticism.Energy has...

Bangladesh under 21 Women's Hockey Team

First Security Islami Bank Ltd. sponsored Bangladesh under 21 Women's Hockey Team in Women's Junior AHF Cup Tournament to be held in Singapore. Air Chief Marshal Masihuzzaman Serniabat, BBP, OSP, ndu, psc, Chief of Air Staff and President of Bangladesh Hockey Federation inaugurated a friendly practice match between Bangladesh under...

Managing Director ICB Md Abul Hossain along with other officials

The newly appointed Managing Director of Investment Corporation of Bangladesh (ICB) Md Abul Hossain along with other officials led by Chairman of the Board Directors of ICB Professor Dr. Mojib Uddin Ahmed placing a wreath to the portrait of Father of the Nation Bangabandhu Sheikh Mujibur Rahman at Dhanmondi in...

Two training courses begin Aug 28

A training on "ICT Security Guideline for DSE TREC Holders" will be held on August 28, 2019. The training will begin at 3:30 pm and will end at 5:30 pm. For registration and information, interested persons have to contact to DSE Training Academy, 9/G Building (5th floor), Motijheel C/A, Dhaka-1000...