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

Stocks extend losses amid poor turnover

Stocks extended the losing streak for the nine straight sessions Monday amid sluggish turnover as investors mostly refrained from injecting fresh funds into the market ahead of Ramadan.Analysts said the ongoing pessimism coupled with disappointing earnings results kept investors mostly inactive, taking the market in the red zone further.They said...

Singer launches sales campaign ahead of FIFA World Cup

Consumer electronics and home appliances brand Singer Monday launched a two-month campaign, targeting the upcoming FIFA World Cup 2018 in Russia.Singer Bangladesh chairman Gavin J Walker opened the campaign styled 'SINGER -Late Korlei Hobe Deri, Bishwa Cupe Ek Hajar LED TV Free' at a city hotel. Managing director and CEO...

CSE holds trainings for market players

CHATTOGRAM, May 14: Chittagong Stock Exchange Ltd (CSE) and Bangladesh Institute of Capital Market (BICM) jointly organised training programmes on Financial Statement Analysis on Friday and on Technical Analysis on Saturday at the CSE conference hall in the city.Capital market intermediaries and investors joined the training to enhance their knowledge...

Western Marine tops DSE turnover for third day

Ten top-traded companies captured more than 31 per cent transactions on the Dhaka Stock Exchange (DSE) Monday with Western Marine Shipyard dominating the chart for three consecutive sessions.Brokers said the investors remained active on Western Marine shares in continuation of the previous two sessions, following a remour that the company...

Premier Bank approves 15pc stock dividend

The 19th annual general meeting (AGM) of Premier Bank Limited has approved 15 per cent stock dividend for the year ended on December 31, 2017, according to a statement.Bank Chairman Dr. H. B. M. Iqbal as well as the directors and shareholders were present at the AGM held in the...

Bank Asia approves 12.5pc stock dividend

Bank Asia approved 12.5 per cent stock dividend for the year 2017 at the 19th annual general meeting (AGM) of the bank at Dhaka Officers Club in the city on Monday, according to a statement. Chairman of the bank A Rouf Chowdhury presided over the meeting. With 12.5 per cent...

Jamuna Bank holds NRB customer get-together, CSR seminar in UAE

Recently Jamuna Bank Limited organised a NRB customer get-together & CSR seminar in Ajman, UAE recently. Chairman of Jamuna Bank Foundation Nur Mohammed inaugurated the event as the chief guest, according to a statement. Md. Sirajul Islam Varosha and Ismail Hossain Siraji, Directors of the board Jamuna Bank Ltd. were...

News Briefs(15-5-2018)

BSEC approves ML Dyeing IPOBangladesh Securities and Exchange Commission (BSEC) has approved the initial public offering (IPO) of ML Dyeing, which will raise Tk 200 million from the market. The approval came from a commission meeting held on Monday, presided over by BSEC Chairman M Khairul Hossain. As per the...

DSE/CSE News in Brief (15-5-2018)

DSE NEWSTrading & Office hours of DSE during RamadanDuring the month of Holy "Ramadan" of Hijri 1439, the trading of DSE will start at 10:00 am and continue till 2:00 pm. DSE office will remain open from 9:00 am to 3:30 pm.Takaful Islami Ins elects chairmanTakaful Islami Insurance Limited has...

Touhidul Alam Khan poses with the students of London Grace International School

Deputy Managing Director & Chief Business Officer of Prime Bank Ltd Md. Touhidul Alam Khan poses with the students of London Grace International School of Mohammadpur at the School Banking Conference 2018, which was arranged by Bangladesh Bank recently

Urmi Group and IDLC Finance exchanging documents of agreement

CEO & Managing Director of IDLC Finance Limited Arif Khan and Managing Director of Fakhruddin Textile Mills Limited, a concern of Urmi Group, Asif Ashraf exchanging documents of an agreement as IDLC Investments inks IPO deal with Fakhruddin Textile Mills Limited while IDLC Investments Ltd MD Md Moniruzzaman was present

Inauguration of Jubilee Road Branch of Union Bank

Managing Director of Union Bank Ltd Omar Farooque inaugurating the Jubilee Road Branch of the bank as the chief guest recently where Deputy Managing Director Md. Nazrul Islam, Presidium Member, Jatiya Party & President, Chattogram Mohanagor Jatiya Party Mohammed Solaiman Alam Seth were special guests