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

Listed MNCs witness mixed price trend in 2017

Share prices of listed multinational companies (MNCs) witnessed mixed performances in price return in the just concluding calendar year compared to the corresponding year.Currently, a total of 11 multinational companies are listed with the Dhaka Stock Exchange (DSE) which account for nearly 25 per cent of the total market capitalisation,...

DSEX exceeds 6,300-mark again

Dhaka stocks witnessed yet another bullish session Wednesday, extending the gaining streak for the sixth straight session, as optimistic investors continued their buying appetite on large-cap stocks.Dealers said the market maintained the upward trend as investors continued their buying spree on sector-wise stocks, especially banking, engineering and fuel & power...

Jute Spinner's share price soaring

Share price of Jute Spinners, a "Z" category company, is soaring despite the company's production remained suspended for more than one and a half years.Meanwhile, share prices of Dulamia Cotton, Dragon Sweater and Rupali Life Insurance are also rising without any undisclosed price sensitive information.However, the companies informed the DSE...

United Power dominates DSE transaction chart for 2nd day

United Power Generation & Distribution Company Ltd dominated the turnover chart on Dhaka bourse for the second day in a row Wednesday while top 10 traded companies grabbed nearly 31 per cent of the total transaction.Market insiders said investors continued their buying appetite on United Power's shares ahead of record...

DSE/CSE News in Brief (04-01-2018)

DSE NewsUpdates on bonus share AFC Agro Biotech Ltd: AFC Agro Biotech Ltd. has informed that the bonus shares of the company for the year ended on 30 June 2017 have already been credited to the respective shareholders' BO A/Cs on 26 December 2017.Active Fine Chemicals Ltd: Active Fine Chemicals...

News Briefs (04-01-2018)

BAMDA arranges seminarA seminar on Treasury Management: Money Market & ALM was held in the city recently. Bangladesh Money Market Dealers Association (BAMDA) arranged the seminar. Anis A. Khan, immediate-past chairman of Association of Bankers Bangladesh Ltd & Managing Director & CEO of Mutual Trust Bank Limited was present as...

World stocks smash new records

LONDON, Jan 3 (Reuters): World stocks hit fresh highs on Wednesday with European markets joining the party as early indications suggest 2018 will be another year of synchronised global growth led by a shining European economy. After its biggest one-day gain in more than two weeks on Tuesday, in the...

Correction (04-01-2018)

A report titled ‘DBBL to issue Tk 5.0b bond’ published on Page 9 on December 29 issue of The Financial Express carried an inadvertent mistake. The news item mentioned the government owns 87 per cent stake in the bank. Actually, sponsors/promoters and directors of the bank own 87 per cent...

Finance Minister AMA Muhith handing over a death claim cheque

Finance Minister AMA Muhith handing over a death claim cheque for Tk 2.78 million to the nominee of a policy-holder of National Life Insurance Ltd (NLI) in an event held under the Insurance Fair which took place in Sylhet recently. The NLI policy-holder expired depositing an amount of Tk 1.1...

A seminar on Treasury Management: Money Market & ALM

A seminar on Treasury Management: Money Market & ALM was held in the city recently. Bangladesh Money Market Dealers Association (BAMDA) arranged the seminar. Anis A. Khan, immediate-past chairman of Association of Bankers Bangladesh Ltd & Managing Director & CEO of Mutual Trust Bank Limited was present as the chief...

Islami Bank Bangladesh Limited inaugurated its agent banking outlet at Shantirhat

Islami Bank Bangladesh Limited inaugurated its agent banking outlet at Shantirhat of Patiya Upazila of Chittagong on Wednesday. Shamsul Hoque Chowdhury, MP of Chittagong-12 constituency inaugurated the outlet as chief guest. Major General (Rtd.) Engr. Abdul Matin, Chairman, Executive Committee of IBBL was present as guest of honour.

Bank Asia provided scholarships to 23 meritorious students as a part of its CSR activities

Bank Asia provided scholarships to 23 meritorious students as a part of its CSR activities recently. Chairman of the bank and Bank Asia Foundation, A Rouf Chowdhury handed over the scholarships to the students at a function held at Malkhanagor Degree College auditorium in Munshiganj. President & Managing Director of...

Southeast Bank Limited and Daffodil International University signs agreement

Southeast Bank Limited and Daffodil International University (DIU) signed an agreement in the city recently. Senior Executive Vice President and Head of International Division of Southeast Bank Syed Faisal Omar and Treasurer of DIU Hamidul Haque Khan signed the agreement on behalf of their respective organisations. Under the agreement, students...

NRB Bank Limited opened its 36th branch at Kazirhat

NRB Bank Limited opened its 36th branch at Kazirhat in Shariatpur recently. Lawmaker BM Muzammel Haque inaugurated the branch as the chief guest. Managing Director & CEO of NRB Bank Md Mehmood Husain was also present on the occasion.

23rd AGM of Hamid Fabrics Limited

The 23rd Annual General Meeting (AGM) of Hamid Fabrics Limited was held at Trust Milonayaton in the city on Wednesday. Chairman of the Board of Directors AHM Mozammel Hoque presided over the programme. Managing Director Abdullah Al Mahmud and other high-ups attended the function. The AGM approved 15 per cent...