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

DSEX crosses 5800-mark after nine months

The prime index of the Dhaka Stock Exchange (DSE) on Sunday crossed the 5,800-mark after nine months as investors showed their buying spree on sector-wise issues.Market analysts said stocks rebounded after a single -session break, as enthusiastic investor poured money anew into stocks amid growing confidence in the market.The local...

Prices of junk stocks continue to soar

Share price of Savar Refractories, a 'Z' category stock, continued to soar despite it reported negative earnings per share and failed to pay dividend over the years.The company's share price soared 73 per cent or Tk 73.70 each in the last one month since December 17, 2018. The Savar Refractorie's...

10 cos snare 21pc of total turnover

Top 10 turnover leaders grabbed 20.40 per cent of the turnover featured by Dhaka Stock Exchange (DSE) on Sunday.On the day the premier bourse DSE featured a turnover of above Tk 9.73 billion. Of Tk 9.73 billion, above Tk 1.99 billion came from transactions of top 10 companies.BBS Cables was...

Western Marine to build country's largest fishing trawler

CHATTOGRAM, Jan 13: Western Marine Shipyard is going to build the largest fishing trawler in Bangladesh for Pacific Eagle Ltd, a concern of renowned JK Group based in Chattogram. The WMShL signed a contract with the Pacific Eagle Ltd on Saturday in the city. Managing Director of the WMShL Sakhawat...

News Briefs (14-1-2019)

BD Finance holds business review meetingBangladesh Finance and Investment Company Limited (BD Finance) organised quarterly business review meeting at its head office in the city recently. Mr. Tarik Morshed, Managing Director & CEO of BD Finance presided over the meeting. Mr. Mohammad Rafiqul Islam, Deputy Managing Director, Mr. A.S.M. Tariqul...

DSE/CSE News in Brief (14-1-2019)

DSE NEWSDisbursement of dividendAFC Agro Biotech Ltd.: The company has credited the bonus shares for the year ended on June 30, 2018 to the respective shareholders' BO Accounts on January 07, 2019.Active Fine Chemicals Limited: The company has credited the bonus shares for the year ended on June 30, 2018...

Strategic Business Conference- 2019 of Mercantile Bank

The Strategic Business Conference- 2019 of Mercantile Bank Limited was held at FARS Hotel & Resorts, Dhaka on Sunday. A.K.M. Shaheed Reza, Chairman of the Board of Directors was the chief guest in the conference while Kazi Masihur Rahman, Managing Director & CEO presided over. A.S.M. Feroz Alam, Vice Chairman;...

Business Policy and Planning Conference 2019 of Southeast Bank

Business Policy and Planning Conference 2019 of Southeast Bank Limited (SEBL) held at BRAC CDM (BCDM), Savar, Dhaka ended on Sunday. Alamgir Kabir, FCA, Chairman of the Southeast Bank along with the Board of the Directors and Advisor attended the conference

Annual Business Conference 2019 of Modhumoti Bank

Two day-long "Annual Business Conference 2019" of Modhumoti Bank Limited was held recently at BCDM Savar. Humayun Kabir, Chairman of the Board of Directors of Modhumoti Bank Limited inaugurated the programme as Chief Guest. Md. Shafiul Azam, Managing Director & CEO seen

Dhaka Bank formally inaugurated its 101st branch

Dhaka Bank Limited formally inaugurated its 101st branch at Sonargaon Janapath Road, Uttara, Dhaka on Sunday. Shitangshu Kumar Sur Chowdhury, Banking Reforms Adviser and Former Deputy Governor, Bangladesh Bank inaugurated the Branch as the Chief Guest. Among others, Reshadur Rahman, Chairman and Md. Amirullah, Vice Chairman of the Board of...

Signing agreement between Bangladesh Rural Electrification Board and NRB Bank

A.K.M. Kamal Uddin, Head of Corporate Banking of NRB Bank Limited, and Md. Hossain Patwary, Director (Finance) of Bangladesh Rural Electrification Board, exchanging documents after signing an agreement on behalf of their respective organisations at Bangladesh Rural Electrification Board, head office on Sunday. Under the agreement NRB Bank Agent Outlets...

Syed Abu Naser Bukhtear Ahmed Chairman of FinExcel

Syed Abu Naser Bukhtear Ahmed, Chairman of Financial Excellence Limited (FinExcel), seen along with the participants of a two-day training on "Credit Risk Management and Analysis of Credit Proposal" at its inaugural session recently