The Dhaka bourse slipped into the red zone again on Wednesday, after a single-day break, with investors going on a selling 'frenzy' throughout the trading session. DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), settled the day 0.74 per cent or 38.70 points lower at 5139.99. Amid price...
Read moreFarzanah Chowdhury (centre, right), the outgoing president of Entrepreneur Organisation (EO) Bangladesh and MD & CEO of Green Delta Insurance, handing over the President's Cup to Tahsin Aman (left), the new president of EO Bangladesh, for 2019-20
Read moreTen most traded companies accounted for 30.5 per cent of transactions on the Dhaka Stock Exchange (DSE) on Wednesday, with the United Power Generation & Distribution Company generating the highest turnover. The ten companies posted a combined turnover of Tk 1.40 billion while the total turnover of DSE stood at...
Read moreDr Jamaluddin Ahmed Jamaluddin joins as Janata Bank chairmanDr Jamaluddin Ahmed, FCA has been appointed as the chairman of the Board of Directors of Janata Bank Limited. Prior to this appointment, he was one of the directors on the board of Bangladesh Bank. He also served as a director of...
Read moreLONDON, Aug 28 (Reuters): The euro area's government bond yields edged back towards record lows on Wednesday as a key part of the US Treasury curve inverted further, fuelling concern that a recession is coming.Italy's bond yields steadied after posting their biggest one-day fall in almost two months on Tuesday...
Read moreNEW YORK, Aug 28 (AFP): Wall Street sank at the open on Wednesday as US bond yields fell further, fueling recession fears, and as Britain's prime minister suspended parliament, making a chaotic no-deal Brexit more likely and sinking the pound.But share prices recovered about 30-minutes into the trading session.Yields on...
Read moreTOKYO, Aug 28 (Reuters): Japanese shares posted slim gains on Wednesday, led by buying in defensives such as telecommunications and consumer-linked firms, though concerns about Sino-US relations capped gains.The Nikkei share average rose 0.15 per cent to 20,487.22, drawing some support from higher Wall Street futures but still not far...
Read moreTOKYO, Aug 28 (Reuters): Asian shares eked out cautious gains on Wednesday, as higher Wall Street futures provided some relief after an overnight US selloff, though deeper worries about the global economy and trade continue to weigh on market sentiment.Japan's Nikkei rose 0.21 per cent, Australia's shares climbed 0.41 per...
Read moreIndian shares were largely unchanged in volatile trading on Wednesday, in line with broader Asia, as worries about a global recession kept investors away from making fresh bets, reports Reuters.The broader NSE index was up 0.01 per cent at 11,108.15 as of 0403 GMT, while the benchmark BSE index was...
Read moreSaudi Arabia's stock market fell sharply on Wednesday with all its banking shares dropping as receding fund inflows dampened investor appetite on a day when second phase of Saudi stocks joined the MSCI emerging markets index, reports Reuters.EFG Hermes said in a note on Wednesday the investment case for Saudi...
Read moreDSE NEWSDisbursement of cash dividend Janata Insurance Company Ltd.: The company has informed that cash dividend warrants has been disbursed for the year ended on December 31, 2018.Category changeJanata Insurance Company Ltd.: The company will be placed in 'A' category from existing 'B' category with effect from Wednesday as the...
Read moreMd Golam Faruque, Managing Director and CEO of South Bangla Agriculture & Commerce Bank Limited (seated, 3rd from left), and other senior officials posing with the participants of a training workshop on 'Credit Appraisal & Finance' at its head office in the city recently
Read moreSajjad Hussain, DMD & CAMLCO of AB Bank Ltd. (seated, 5th from left), along with other senior executives posing with the participants of a training programme on 'Anti-Money Laundering & Combating Financing of Terrorism' at the bank's Training Academy in the city recently
Read moreMd Ahsan-uz Zaman, Managing Director & CEO of Midland Bank (seated, 3rd from left), and MM Monirul Alam, Managing Director & CEO of Guardian Life Insurance Limited (4th from left), signing a memorandum of understanding (MoU) at the board room of the bank at Gulshan in the city on Wednesday
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