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

Stocks end flat after volatile trading (2018-10-02)

Stocks ended almost flat on Monday as investors went on late hours selling spree on sector-wise stocks.Market insiders said a section of investors sold shares from food, power and pharma sectors while some took position on financial institutions, engineering and telecommunication stocks, taking the market in the flat territory.Food and...

EBL, Summit Group fix $71.25m interest rate SWAP deal

Eastern Bank Limited (EBL) and Summit Group have fixed an interest rate SWAP derivative deal worth $71.25 million for two power plant projects. They are: Barisal Power Limited and Summit Narayanganj Power Unit II Limited. The rate was fixed at a ceremony held at EBL head office in Dhaka's Gulshan...

BSEC to organise investors' week October 07-11

The securities regulator will organise the 'World Investors Week 2018' during October 7-11 to create awareness among the general investors.The week will be observed in accordance with the declaration of International Organisation of Securities Commissions (IOSCO), a global cooperative of securities regulatory bodies.Finance Minister AMA Muhith is expected to inaugurate...

Net foreign fund in stocks rebounds after five months

Net foreign fund in stocks turned positive last month after remaining negative over the period of last five months as overseas investors were putting fresh funds to take advantage of 'lucrative' price level.The overseas investors bought shares worth Tk 2.47 billion and sold stocks of Tk 2.12 billion, to take...

Summit Alliance recommends 12.50 per cent dividend

The board of directors of Summit Alliance Port Ltd has recommended 12.50 per cent cash dividend for the year ended on June 30, 2018, said an official disclosure on Monday.The final approval of the dividend would come during the annual general meeting (AGM) scheduled to be held on November 10...

Meghna Life Ins approves 20pc dividend

The 21st annual general meeting (AGM) of Meghna Life Insurance Company Limited was held in the city recently, according to a statement. The AGM approved 20 per cent cash dividend for the year 2017. The meeting was presided over by Nizam Uddin Ahmed, Chairman of the company. Among others, directors...

ACCA holds career fair, workshop at DU

A two-day career fair along with knowledge building workshops was organised by ACCA Bangladesh at the Faculty of Business Studies, University of Dhaka recently, according to a statement.The event was inaugurated by Prof. Dr. Kamal Uddin, Treasurer, University of Dhaka, Dr. Reazur Rahman Chowdhury, Chairman, AIS department, University of Dhaka,...

Nikkei index closes at 27-year high

TOKYO, Oct 1 (AFP): Tokyo's benchmark Nikkei index rose to a 27-year high on Monday, boosted by a weak yen and a breakthrough in trade talks between the United States and Canada.The Nikkei 225 index gained 0.52 per cent or 125.72 points to close at 24,245.76 -- the highest since...

News Briefs-(02-10-2018)

M. Shahidul Islam Shahjalal Bank MD takes over M. Shahidul Islam, a prominent and senior banker with more than 34 years of multi-functional experience, took the charge of Managing Director & CEO of Shahjalal Islami Bank Limited on Monday. Earlier, he was the Additional Managing Director (AMD) of the same...

DSE/CSE News in Brief (2-10-2018)

DSE NEWSDisbursement of dividend National Life Insurance Company Ltd.: The company has informed that it has credited the bonus shares for the year ended on December 31, 2017 to the respective shareholders' BO Accounts on October 01, 2018. Cash dividend will be credited in due time.Board meetingContinental Insurance Ltd.: The...

Muhammed Ali and M. Reazul Karim, FCMA inaugurating bank's relocated Rampura branch

Advisor of The Premier Bank Limited Muhammed Ali and Managing Director & CEO M. Reazul Karim, FCMA inaugurating the bank's relocated Rampura branch at Gulzar Commercial Complex, 1/2 West Hajipara of Rampura in Dhaka on Sunday

IIDFC Securities Limited receives a low-cost fund of Tk 21.8 million from ICB

IIDFC Securities Limited receives a low-cost fund of Tk 21.8 million from ICB for supporting affected small investors of the stock market at ICB Head Office in the city recently under Refinance Scheme where Kazi Sanaul Hoq, Managing Director of ICB, Golam Sarwar Bhuiyan, Managing Director of IIDFC, Md. Saifur...

Science and Technology Minister Architect Yeafesh Osman speaking

Science and Technology Minister Architect Yeafesh Osman speaking at the inaugural ceremony of newly constructed building of Institute of Technology Transfer and Innovation at Bangladesh Council of Scientific and Industrial Research (BCSIR) recently where Chairman of BCSIR Md. Faruque Ahmed was present