No price sensitive info, yet six cos see abnormal price surge
Despite no undisclosed price sensitive information (PSI), six listed companies have continued to rally abnormally on the Dhaka Stock Exchange (DSE) over the past two months, raising concerns over speculative trading activity.The companies -- GQ Ball Pen, Sonali Paper & Board Mills, Dulamia Cotton Spinning Mills, Monospool Bangladesh, Magura Multiplex,...
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DSE warns investors against rising stock market scams on social media
The Dhaka Stock Exchange (DSE) has sounded an alarm over rising incidents of stock market fraud carried out through social media platforms, urging investors to remain alert.Various groups are defrauding people by creating WhatsApp groups using the name, logo, and office address of the prime bourse, and by promising extraordinary...
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Forbes Asia spotlights Pathao in ‘100 to Watch’
Pathao has been named to Forbes Asia's "100 to Watch 2025," a list that spotlights the most promising and dynamic companies shaping the future of the Asia-Pacific region. This recognition comes at a special moment for us, as we prepare to celebrate our 10-year anniversary this October, says the company...
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Prime Bank disburses agri loans to farmers
Prime Bank PLC disbursed open agricultural loans to farmers at Madhukhali upazila in Faridpur on Tuesday as part of its continuous efforts to accelerate the growth and development of the agriculture sector. During the event, Prime Bank recognised and honoured eight farmers with crests for their exemplary record of timely...
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Southeast Bank Green School celebrates achievement
Southeast Bank Green School held a special recognition ceremony on Tuesday to honour its students for their outstanding results in the Edexcel O-Level examinations, session 2025-26. The event, hosted by the Southeast Bank PLC, marked a historic milestone as the very first batch of students graduated successfully. Chairman of Southeast...
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Global Insurance approves 10% cash dividend
The 25th Annual General Meeting (AGM) of Global Insurance PLC was held recently with Chairman Sayeed Ahmed presiding over the meeting. At the meeting, the Directors' Report and audited financial statements for the year ended 31st December 2024 were presented and duly adopted. The shareholders unanimously approved 10% Cash Dividend...
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Al-Arafah Islami Bank holds training workshop-
Al-Arafah Islami Bank held a training workshop on investment classification and provisioning reports recently. Deputy Managing Directors Md Asaduzzaman Bhuiyan and S M Abu Jafar attended the workshop as special guests. Al-Arafah Islami Bank Training Institute (AIBTI) Principal Md Abdur Rahim Duari presided over the workshop. Some 52 investment officers...
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Rupali Bank holds 27th SMT meeting
Rupali Bank PLC held the 27th meeting of the Senior Management Team (SMT) at the bank's head office on Tuesday. The meeting was presided over by SMT Chairman and Managing Director of the bank Kazi Md. Wahidul Islam. Deputy Managing Directors Parsoma Alam, Hasan Tanvir, Md. Harunur Rashid, along with...
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Korean Air purchases over 100 Boeing aircraft
SEOUL, Aug 26 (AFP): Korean Air said Tuesday it will purchase more than 100 Boeing aircraft in the largest deal in South Korea's aviation history, just hours after the country's president met US President Donald Trump in Washington."Korean Air announced its intent to purchase 103 next-generation aircraft from Boeing," the...
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Wall Street subdued after Trump's latest attack on Fed
Wall Street's main indexes were flat on Tuesday, pressured by a rise in Treasury bond yields as President Donald Trump's decision to fire a central bank governor renewed concerns about the Federal Reserve's independence, reports Reuters.Investors also awaited Nvidia's results and a key inflation report later this week for more...
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Asian stocks down after Trump Fed firing, tariff threats
HONG KONG, Aug 26 (AFP): Asian stocks retreated Tuesday after a series of market-rattling announcements by US President Donald Trump, including an unusual move to fire a central bank official and threats to impose export controls on microchips.Traders had been riding a wave of confidence since Friday's speech by US...
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Nvidia set for $260b price swing after earnings, options indicate
NEW YORK, Aug 26 (Reuters): Options traders are pricing in about a $260 billion swing in Nvidia's market value following the chipmaker's second-quarter earnings expected on Wednesday, US options market data showed.Nvidia options implied a roughly 6 per cent swing for the shares in either direction following the results, which...
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