Stocks posted marginal gain on Wednesday, snapping a four-day losing streak, as investors showed their buying appetite on sector-wise stocks.Market operators said some investors went on buying shares amid positive expectations as the Chinese consortium officially became the strategic partner of the premier bourse on Tuesday.The consortium of the Shenzhen...
Read moreMutual Trust Bank Limited (MTB) has won the ADB Gender Champion Award as part of the Asian Development Bank's Trade Finance Program (TFP) 2018. MTB Vice Chairman Khwaja Nargis Hossain received the award on behalf of the bank at a ceremony in Singapore on Tuesday, according to a statement issued...
Read moreThe government's revenue earnings from the Dhaka bourse fell 37 per cent month-on-month in August this year on the back of falling trade volume and value.Market insiders said sluggish trading activities coupled with lower trading days due to Eid vacation affected the government's earnings from the prime bourse as the...
Read moreThe Chittagong Stock Exchange (CSE) has revised its CSE30 and CSE50 indices based on the performance of the listed companies, said a statement. The new indices will come into effect from September 16 next. The new companies which have been included in CSE30 index are Argon Denims, BRAC Bank, LankaBangla...
Read moreRunner Automobiles has moved to produce motorcycles of 165cc to 500cc based on imported parts and raw materials, said a company statement.The commerce ministry gave its consent to import parts and raw materials on August 30 last.Under a move to diversify the export basket, Runner has set a target of...
Read moreThe share price of National Housing Finance & Investment is soaring without having any undisclosed price sensitive information.Within 12 consecutive trading sessions, the company's share price jumped more than 80 per cent or Tk 36.60 each to reach at Tk 82.10 on Tuesday. Its share price was Tk 45.50 on...
Read moreICB Islamic Bank Limited and the Election Commission (EC) of Bangladesh signed a Memorandum of Understanding (MoU) for verifying the information and documents of the bank clients at the election commission office recently, according to a statement.Senior Vice President & Head of Operations of the bank Moyeenuddin Ahmed and Joint...
Read more3s Agro Services Limited, an agri-input company held their annual conference in Cox's Bazar recently, according to a statement.Asma Ali, Chairperson of the company, welcomed the participants with a motivational speech and thanked all colleagues for contributing towards the growth of the business in the last decade. Syed Sadeque Md...
Read moreXie Wenhai DSE board gets director from Chinese partnerThe Dhaka Stock Exchange (DSE) has got a new director, Xie Wenhai, from its Chinese strategic partner. Shenzhen Stock Exchange (SZSE) and Shanghai Stock Exchange have become the DSE's strategic investors purchasing 25 per cent stake. The board of directors of the...
Read moreCEO and MD of IDLC Finance Limited Arif Khan addressing the inaugural ceremony of a five-day IDLC Theatre Festival in the capital on Tuesday. Cultural Affairs Minister Asaduzzaman Nur also graced the occasion
Read moreDSE NEWSSuspension of tradingUnited Power Generation & Distribution Company Ltd.: Trading of the shares of the company will remain suspended on its record date, today (Thursday). Venue of EGMIPDC Finance Limited: The company has further informed that 14th EGM of the company will be held on September 19, 2018 at...
Read moreTEL AVIV, Sept 5 (Reuters): Israel plans to establish publicly traded funds that will invest in national infrastructure projects and benefit from tax breaks, the head of the Israel Securities Authority said on Wednesday.Private investors have put money into about 50 billion shekels ($14 billion) worth of infrastructure projects in...
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