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

Stocks extend winning streak for fourth day

Stocks witnessed yet another positive session Sunday, extending the gaining streak for the fourth straight session, as a group of investors continued their buying appetite on sector specific issues.Market operators said the winning spell extended as a section of investors remained active on the lucrative price level in sector specific...

CAPM IBBL Islamic MF makes debut today

Trading of the units of CAPM IBBL Islamic Mutual Fund, a closed-end mutual fund will commence today (Monday) under "A" category, officials said.Public subscription of the CAPM IBBL Islamic Mutual Fund remained opened from December 10 to December 18 last year to raise Tk 300 million through initial public offering...

Share price of Savar Refractories soaring sans PSI

Share price of Savar Refractories is soaring without any price sensitive information (PSI). The company's price surged further by 8.17 per cent on Sunday.In the last five trading days, the Z-category company's share price soared more than 22.52 per cent or Tk 36 each to settle at Tk 195.90 Sunday...

National Tubes leads DSE turnover chart

Ten top-traded companies captured more than 26 per cent of transactions on the country's premier bourse Sunday.National Tubes dominated the chart.Market operators said the investors were active on National Tubes' shares throughout the trading session amid positive expectation in days ahead. Recently, the board of directors of the state-run company...

ONE Bank holds scholarship distribution ceremony

ONE Bank Limited, as a part of its CSR activities arranged a scholarship distribution ceremony for the financially insecured but meritorious students of various educational institutions of Rajshahi, Sirajgonj, Rangpur and Bogra District at Pouro Shahid Titu Auditorium, Bogra on Sunday, according to a statement.Sayeed H. Chowdhury, Chairman of the...

New ED of BB

Sheikh Mozaffar Hossain Mr. Sheikh Mozaffar Hossain has been promoted to the post of Executive Director of Bangladesh Bank. He joined Bangladesh Bank in 1988 as an Assistant Director. During his long career, he performed in various departments of Bangladesh Bank including Agricultural Credit, Foreign Exchange Policy and Financial Institutions,...

DSE/CSE News in Brief (05-03-2018)

DSE NEWSQuery ResponseSavar Refractories Limited: In response to a DSE query, Savar Refractories Limited has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike of shares.Dividend DisbursementMarico Bangladesh: Marico Bangladesh Ltd. has informed that it has disbursed 2nd Interim Cash Dividend based...

Five of India's top 10 companies lose Rs 266b in market cap, SBI most hit

Five of the 10 most valued Indian companies saw a combined erosion of Rs 266.41 billion in market valuation last week, with the country's largest lender State Bank of India (SBI) taking the steepest hit, reports Business Standard.The other firms which witnessed a decline in their market capitalisation (m-cap) for...

"Main Branch" of Mercantile Bank shifted on new premises

The "Main Branch" of Mercantile Bank Limited was shifted on new premises at 63 Dilkusha C/A, Motijheel Sunday. AKM Shaheed Reza, Chairman of the Bank inaugurated the branch as the chief guest. Md. Abdul Hannan, Vice Chairman; Md. Anwarul Haque, Chairman, Executive Committee; Shahidul Ahsan, Chairman, Mercantile Bank Foundation; Al-Haj...

Southeast Bank signs MoU with Notre Dame College

Southeast Bank Limited signed a Memorandum of Understanding (MoU) with Notre Dame College on "Tuition Fees Collection" recently. SM Mainuddin Chowdhury, Additional Managing Director, Southeast Bank Limited and Dr. Father Hemanto Pius Rozario, CSC, Principal signed the MoU on behalf of their respective organizations.

Annual Picnic and Prize distribution cremoney of Pragati Insurance

Annual Picnic and Prize distribution cremoney of Pragati Insurance Limited was held at The Golden Land, Kacha Rosh- Rangamatia, Kaliakor, Gazipur recently. Minister for Liberation War Affairs AKM Mozammel Haque, MP, was present on the occasion as the chief guest. Md. Rezaul Karim, Managing Director of Pragati Insurance Limited presided...

Md Anwar Hossain handing over cheque against fire insurance claims

Chief Executive Officer of Agrani Insurance Company Limited Md Anwar Hossain handing over a cheque against fire insurance claims to proprietor of M/s Badshah Enterprise Md Badshah Miah, a client of Jamalpur Branch of the company recently.