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

Stocks snap three-day losing streak as GP rebounds

Stocks rebounded on Wednesday, snapping a three-day losing streak, as some investors showed their buying appetite for major sector shares.Market analysts said bargain hunters took position on stocks which suffered losses due to recent price correction, taking the market to the green territory.Grameenphone, which shed more than 4.0 per cent...

BSEC fines company, two individuals Tk 23m

The securities regulator has imposed an aggregate amount of penalty -- Tk 23 million -- on a company and two individuals for their 'direct and indirect' involvement in the price hike of shares of a listed company.The decision was taken at a meeting of the Bangladesh Securities and Exchange Commission...

LankaBangla recommends 15pc div

The board of directors of LankaBangla Finance has recommended 15 per cent cash dividend for the year ended on December 31, 2018.The final approval of dividend will come at the annual general meeting (AGM) to be held on March 27 in Dhaka, said an official disclosure on Wednesday. The record...

Top ten cos account for 29pc turnover on DSE

Fortune Shoes dominated the turnover chart of the Dhaka bourse for the second straight session on Wednesday while ten most traded companies grabbed more than 29 per cent of total transactions.Market analysts said investors continued to show their buying appetite for Fortune Shoes shares as it posted 41.25 per cent...

European markets move higher amid US-China trade deal hopes

European stocks were higher on Wednesday morning, amid renewed optimism the world's two largest economies might be able to resolve their long-running trade dispute, reports CNBC.The pan-European Stoxx-600 was up around 0.3 percent during mid-morning deals, with most sectors and major bourses in positive territory.Europe's chemicals stocks led the gains...

News Briefs-(14-2-2019)

Ahmed Shayan Fazlur Rahman IFIC Bank gets new vice chairmanAhmed Shayan Fazlur Rahman, an eminent young businessman, has recently been elected the Vice Chairman of IFIC Bank Limited. He represents the Beximco Group as Executive Director, the largest conglomerate in Bangladesh. He has completed his BBA with distinction from American...

DSE/CSE News in Brief (14-2-2019)

DSE NEWSRecommendation of dividendNCCBL Mutual Fund-1: The trustee committee of the fund has recommended 6.0 per cent cash dividend based on net income for the year ended on December 31, 2018. The record date is March 07, 2019. The fund has also reported EPU of Tk. 0.6540, NAV per unit...

Agreement between Mercantile Bank and FDS Bangladesh

AKM Shaheed Reza, Chairman of Mercantile Bank Limited, Kazi Masihur Rahman, Managing Director & CEO of the bank, Raju Mohan Duryani, Managing Director of FDS Bangladesh Limited, and other officials seen at the signing ceremony of an agreement between the bank and the FDS for re-implementation of Temenos T24 R18...

UCB and ControlCase LLC

Suresh Dadlani, President of ControlCase LLC, handing over the PCI-DSS Certificate of Compliance to Mohammed Shawkat Jamil, Managing Director of UCB, at the Corporate Office of the bank in the city recently

Prof Dr Mojib Uddin Ahmed

Prof Dr Mojib Uddin Ahmed, Chairman of the Board of Directors of the Investment Corporation of Bangladesh (ICB), its Managing Director Kazi Sanaul Hoq and Deputy Managing Director Md Mosaddake-Ul-Alam posing with the meritorious children of the employees of ICB at a scholarship giving ceremony held under 'Pension and Welfare...

'Bank Guarantee Module in CBS'

Khondoker Nayeemul Kabir, Deputy Managing Director of NCC Bank, and other officials posing with the participants of a daylong workshop on 'Bank Guarantee Module in CBS' held at NCC Bank Training Institute recently