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

Five large-cap issues trigger alarm on DSE

Stocks slipped into the red on Monday, snapping a two-day gaining streak, as cautious investors went on selling binge on major sectors' shares.Meanwhile, trading and official activities on the bourses will remain closed today (Tuesday) on the occasion of Muharram (Ashura).DSEX, the prime index of the Dhaka Stock Exchange (DSE),...

Stylecraft share jumps 86pc in seven weeks

The share price of Stylecraft Ltd soared more than 86 per cent in seven weeks as its share surged further by 1.0 per cent on Monday without having any undisclosed price sensitive information (PSI).The export orientated RMG manufacturer's share price jumped more than Tk 413 each during the period under...

National Tubes grabs top position for 2nd day

Ten most-traded companies captured more than 35 per cent transactions on the prime bourse Monday.National Tubes topped the chart for the second straight session on the day.Market analysts said investors continued to show their appetite for the National Tubes shares ahead of dividend declaration as the company's financial year ended...

Water.org launches WaterCredit Adoption Prog

Water.org, an international development agency, with operations in 13 countries, launched its WaterCredit Adoption Programme in Bangladesh, at La Vita Hall, Lakeshore Hotel Gulshan on Monday, said a statement. The chief guest for the event was M. A. Mannan, MP, Planning Minister. In Bangladesh, Water.org has reached over 1.2 million...

News Briefs (10-09-2019)

NRB Global Bank formally opened its Shyamoli Islamic Banking Branch in Dhaka on Monday. Nizam Chowdhury (4th from right), Chairman of the bank has inaugurated the operations of the branch as chief guest NRB Global Bank opens Shyamoli Islami banking branch NRB Global Bank formally opened its Shyamoli Islamic Banking...

Home Credit to test Hong Kong IPO market as protests convulse city

HONG KONG, Sept 9 (Reuters): Consumer lender Home Credit is poised to offer the biggest test of Hong Kong's capital markets since China's Alibaba delayed plans for a $15 billion listing last month because of the political turmoil engulfing the city.The Prague-based lender, which has a sizeable Chinese business, could...

Saudi Aramco lines up banks, eyes local listing this year

DUBAI, Sept 9 (Reuters): Saudi Aramco is expected to give lead roles to JPMorgan, Morgan Stanley and National Commercial Bank for its planned initial public offering (IPO), a source familiar with the transaction said.It will also likely add Citi, Goldman Sachs, HSBC and Samba Financial Bank to the list of...

DSE/CSE News in Brief (10-09-2019)

DSE NEWSBoard MeetingThe Ibn Sina Pharmaceutical Industry Ltd.: A board meeting of the company will be held on September 19, 2019 at 3:30 pm to consider, among others, audited financial statements of the company for the year ended on June 30, 2019. Transfer IntentionRupali Life Insurance Company Limited: Mr. Mahfuzur...

BRICS

'BRICS, South Asia and Southeast Asia International Commercial Arbitration and Mediation Cooperation Sub-Forum' was held recently in Kunming, China. Mahbuba Rahman Runa, (2nd from left-sitting), General Manager of Bangladesh International Arbitration Centre (BIAC), attended the conference as one of the speakers of the conference. Afrin Ahmed, Working Partner, Jural Acuity...

Tilak Marapana

Tilak Marapana, (Center), Foreign Minister of Sri Lanka, seen with the members of the Management Committee of Commercial Bank of Ceylon PLC, Bangladesh while visiting the Bank's Head Office in Dhaka. Top executives of CBC-Bangladesh were present on the occasion.

H.B.M. Iqbal (4th from left),

H.B.M. Iqbal (4th from left), chairman of Premier Bank Limited, witnessing the distribution of 500 bicycles among the girls students of Z. Rahman Premier Bank School and College, Bhairab under CSR activities. Group CEO of SCA Pacific Pte Ltd, Dr. J.T. Lee from Singapore was also present in the ceremony

Hossain Akhtar

Hossain Akhtar, Group Executive Director and Malik Mehedi Kabir, Head of HR of Anwar Group of Industries receiving award in "Excellence in HR through Technology" on behalf of Anwar Group of Industries at "Bangladesh Best Employer Brand Award-2019" ceremony organised by World HRD Congress held at Pan Pacific Sonargaon, in...