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

Stocks nudge higher, turnover slumps 21pc

Stocks posted a modest gain on Sunday, the first trading session after nine-day Eid holiday, as investors were active on June-ending shares. Trading and official activities on the bourses remained closed for nine days from August 9 to August 17, including weekly holidays, on the occasion of Eid-ul-Azha.The presence of...

Khulna Power generates highest turnover

Ten most-traded companies captured more than 31 per cent transactions on the Dhaka Stock Exchange Sunday.Khulna Power Company topped the list.Market analysts said investors showed their appetite on Khulna Power shares amid higher dividend expectations as the company's year ended in June.According to statistics available with the DSE, about 4.05...

Dhaka Bank, bKash ink deal

Dhaka Bank Limited has signed an agreement recently at Amari Dhaka for providing automated payment services to bKash Ltd, said a statement. Mr. Emranul Huq, Additional Managing Director of Dhaka Bank Ltd. and Mr. Moinuddin Mohammed Rahgir, Chief Financial Officer of bKash Ltd. have signed the agreement while Mr. Syed...

IFIC Bank observes Nat'l Mourning Day

IFIC Bank observed the National Mourning Day and the 44th Martyrdom anniversary of Father of the National Bangabandhu Sheikh Mujibur Rahman by arranging a discussion programme and Milad Mahfil at IFIC Tower on Thursday, said a statement. Acting Managing Director Mr. Shah Md. Moinuddin chaired the event while Deputy Managing...

News Briefs (19-08-2019)

Ahmed Saifuddin Chowdhury BGIC MD re-appointedThe service of Mr. Ahmed Saifuddin Chowdhury, Managing Director & CEO of Bangladesh General Insurance Company Ltd. (BGIC), has been renewed for further period of 3 (three) years (2019-22) for the 3rd consecutive term. He joined BGIC, Head Office at Dhaka in 1986 and was...

Islami Bank Bangladesh Limited Cox's Bazar and Ramu Branches

Islami Bank Bangladesh Limited Cox's Bazar and Ramu Branches organised a conference of its Rural Development Scheme (RDS) at a local auditorium of Cox's Bazar recently. Professor Md. Nazmul Hassan, Ph.D, Chairman of the Bank, addressed the conference as chief guest. Md. Mahbub ul Alam, Managing Director & CEO of...

Rise of closing auctions stirs worries in European stock markets

LONDON (Reuters): The final five minutes of trading have become the busiest time of day for stock market traders in Europe.Aside from an initial burst of activity after the open in the morning followed by a brief flurry when Wall Street opens, a growing portion of the daily equity volumes...

BASIC Bank Limited observed the National Mourning Day

BASIC Bank Limited observed the National Mourning Day and the 44th martyrdom anniversary of Father of the Nation Bangabandhu Sheikh Mujibur Rahman by arranging a Quran khatam, Doa and Milad Mahfil at Bank's Training Institute at Motijheel, Dhaka on Thursday. Alauddin A. Majid, Chairman, Md. Rafiqul Alam, Managing Director, Deputy...

Debashish Chakraborty

Debashish Chakraborty, managing director of Bangladesh House Building Finance Corporation (BHBFC), along with other officials placing floral wreath at the portrait of Bangabandhu Sheikh Mujibur Rahman to mark the observance of National Mourning Day on Thursday