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

Stocks rocket up after two-day slump

Stocks bounced back strongly on Tuesday from heavy losses in the past two sessions, as bargain hunters started picking sector-specific issues.DSEX, the prime index of Dhaka Stock Exchange (DSE), settled 111 points or 2.24 per cent higher at 5,077, after losing 164 points in the last two trading days.Market analysts...

Fortune tops turnover chart for fifth day

Ten most traded companies accounted for 23 per cent transactions on the Dhaka Stock Exchange (DSE), with the Fortune Shoes making it to top of the chart for the fifth straight session on Tuesday.Market analysts said the investors continued to show their appetite for Fortune shares following the news that...

BSEC to take action against two brokerage firms

The stock market regulator has asked its department concerned to take stern action against two brokerage firms for mismatch between inflow and outflow of their clients' funds deposited in the consolidated customers' accounts.The Bangladesh Securities and Exchange Commission (BSEC) gave the instruction at a meeting on Tuesday.The securities regulator has...

Sensex dives below 38,000-mark

Indices of the Indian stock markets slipped for the fourth consecutive session on Tuesday as weak corporate earnings, hinting at an economic slowdown, kept investors' sentiment muted, reports business-standard.com. Heavy selling in select bluechip stocks like HDFC twins and State Bank of India (down 2.0 per cent each), and Reliance...

Half-yearly Branch Conference of Prime Insurance

Chairperson of the Board of Directors of Prime Insurance Company Limited Md Zakiullah Shahid, Vice-Chairperson Saheda Pervin Trisha, Managing Director and CEO Mohammodi Khanam posing with the heads of branches at the half-yearly Branch Conference of the company held at its head office in the city recently

Livongo boosts price targets on upcoming IPO

Investor interest during Livongo Health Inc.'s IPO road show is apparently hot, prompting the healthcare technology business to boost its price targets by about 13 per cent ahead of Thursday's offering, reports bizjournals.com.The Mountain View-based company plans to raise up to nearly $320 million in an offering that could value...

News Briefs (24-07-2019)

Sheikh Kabir Hossain (L) and Motaleb Hossain Kabir Hossain re-elected chairperson of Sonar Bangla Ins Sheikh Kabir Hossain has been re-elected chairperson of Sonar Bangla Insurance Ltd. and Md Motaleb Hossain elected vice-chairperson of the company. The Board of Directors of the company at its 123rd meeting unanimously elected both...

Minister for Chittagong Hill Tracts Affairs Bir Bahadur Ushwe Sing

Minister for Chittagong Hill Tracts Affairs Bir Bahadur Ushwe Sing (centre) along with Managing Director & CEO of Dutch-Bangla Bank Abul Kashem Md Shirin and other guests inaugurating a new branch of the bank at Aziznagar in Lama, Bandarban, recently

'Syndicated Loan of the Year - Bangladesh Award 2019'

City Bank received the 'Syndicated Loan of the Year - Bangladesh Award 2019' conferred by the Asian Banking and Finance magazine. The photo shows Managing Director and CEO of the bank Mashrur Arefin (left) posing with the award at the award giving ceremony in Singapore recently

Md Golam Sarwar Bhuiyan

Md Golam Sarwar Bhuiyan, Managing Director of IIDFC Limited, and Dr Shagufa Anwar, Chief of Communication and Business Development of the United Hospital Limited, exchanging documents after signing a medical services agreement at the hospital's corporate office in the city recently