Stocks extend losing streak amid dull trading
Stocks fell for the sixth session in a row on Monday amid continued volatility with lackluster trading.Market insiders said stocks extended losses as investors' confidence continues to erode amid ongoing bearish market trend.After hitting 17-month low in the previous day, the key index of the major bourse rose sharply by...
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Eclectic, expansionary portfolios bring gleaning success for MTB
Skilled human resources and tech-savvy banking products have yielded significant returns for Mutual Trust Bank (MTB) in the last consecutive five years.According to MTB top officials, eclectic and expansionary portfolios of the bank also played an important role to spur the steady growth.
The technology products of MTB include ATM,...
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Low-cap cos' share prices continue to soar sans PSI
The share prices of some low-cap companies continued to soar 'abnormally' in a bearish market, despite having no price sensitive information (PSI).The share prices of Monno Jute Stafflers, Zeal Bangla Sugar Mills, BD Autocars, Imam Button Industries, Ambee Pharmaceuticals, Alif Industries and Safko Spinning Mills are soaring without any PSI.These...
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News Briefs-(5-6-2018)
Credit rating resultsBata Shoe: Credit Rating Agency of Bangladesh Limited (CRAB) has announced the entity rating of the company as "AAA" with a stable outlook based on audited financial statements of the company up to December 31, 2017, management provided information, bank liability position as on December 31, 2017 and...
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ONE Bank re-elects chairman, vice chairman, EC chairman
The board of directors of ONE Bank Limited has re-elected Sayeed H. Chowdhury as its chairman for another one-year term from May 31, 2018. The board has also re-elected Asoke Das Gupta as its vice chairman and Zahur Ullah as the chairman of the executive committee (EC), according to a...
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DSE/CSE News in Brief (5-6-2018)
DSE NEWSDisbursement of dividendUnited Ins: The company has informed that cash dividend for the year ended on December 31, 2017 has been disbursed to the respective shareholders' bank accounts through BEFTN on May 28, 2018.UCB: The company has informed that cash dividend for the year ended on December 31, 2017...
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The documents of agreement being exchanged between Dhaka Bank Limited and DESCO
The documents of an agreement being exchanged between Dhaka Bank Limited and Dhaka Electric Supply Company Limited (DESCO) after signing it by SEVP and Head of Corporate Banking Division of Dhaka Bank Ltd. Md. Ziaur Rahman and DESCO Company Secretary S. M. Zamil Hussain on behalf of their respective companies...
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CEO of Prime Insurance Company Ltd Mohammodi Khanam receiving a trophy
CEO of Prime Insurance Company Ltd Mohammodi Khanam receiving a trophy as the winner of best product innovation in general insurance from Director of Insurance & Allied Businesses PwC, India Amit Roy at the Emerging Asia Insurance Awards & Conclave, 2018 at Hotel Rembrandt, Bangkok recently, awarded by Indian Chamber...
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