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

Number of DSE mobile app users now 24,565

FE ReportShare trading through DSE mobile app continued to rise as the number of active users of the application rose to 24,565 as of Thursday.The Dhaka Stock Exchange (DSE) on March 9 last year launched the mobile-based share trading app. The app is available on Google Play Store and offers...

ICB holds 41st AGM

The 41st Annual General Meeting (AGM) of Investment Corporation of Bangladesh (ICB) was held Saturday at Hotel Purbani International Ltd.The meeting was presided over by Prof. Dr. Mojib Uddin Ahmed, Chairman, Board of Directors of the company.The meeting was attended by Managing Director of ICB Kazi Sanaul Hoq and other...

Islami Bank Bangladesh Limited has donated an ambulance

Islami Bank Bangladesh Limited has donated an ambulance to Chittagong City Corporation (CCC) under its CSR activities. Arastoo Khan, Chairman of the bank handed over the key of the ambulance to Md. Shamsuddoha, Chief Executive Officer of CCC recently in Islami Bank Tower. Md. Mahbub-ul-Alam, Additional Managing Director, Abu Reza...

Major sectors suffer as year-end nears

FE ReportMost of the sectors witnessed correction last week that ended Thursday as cautious investors continued their selling binge on sectors-specific issues ahead of year-end.Of the 19 sectors listed with the prime bourse, except corporate bonds, debenture and treasury bonds, the market cap of 16 sectors closed lower while three...

Nahee Aluminum makes debut today

FE ReportNahee Aluminum Composite Panel will make its share trading debut today (Sunday) on the bourses under "N" category, officials said.Nahee Aluminum will be the 36th listed company under the engineering sector which accounts for 5.80 per cent of the total market capitalisation of the Dhaka bourse.Nahee Aluminum, which received...

BMBA names 11-member EC

FE ReportBangladesh Merchant Bankers Association (BMBA) Saturday declared the name of 11-member new executive committee for two-year term as the existing committee's tenure will expire on December 31, 2017.The three-member election committee of the association headed by Mohammad A. Hafiz declared the name of 11-member executive committee at its office...

In the month of Great Victory, Social Islami Bank Limited

In the month of Great Victory, Social Islami Bank Limited (SIBL) organised a blood donation programme recently at the SIBL Foundation Hospital at Panthapath, Dhaka. Md Kamal Uddin, Director of Social Islami Bank Limited inaugurated the programme as the chief guest. The event was presided over by Quazi Osman Ali,...

Kuwait bourse reveals plan to improve liquidity

Kuwait's stock market has announced plans to segment into three in a bid to increase liquidity and improve the issuer's base, reports arabianbusiness.com.Boursa Kuwait said it will be made up of a Premier Market, Main Market and Auction Market and is conducting tests with relevant stakeholders before it officially launches...

The 23rd Annual General Meeting (AGM)

The 23rd Annual General Meeting (AGM) of Appollo Ispat Complex Ltd was held in the city on Saturday. The AGM approved 10 per cent stock dividend for the year ended on June 30, 2017. Md Shohel Amin, Company Secretary (Current Charge), Sk Abul Hassan, Chief Executive Officer, Md. Ansar Ali,...

Beximco Pharma approves 12.50pc cash dividend

Beximco Pharmaceuticals Ltd approved 12.50 per cent cash dividend for the year ended on June 30, 2017.The approval came at its 41st Annual General Meeting (AGM) held at Beximco Industrial Park, Kashimpur in Gazipur on Saturday, according to a statement.The meeting was presided over by Salman F Rahman, Vice-Chairman of...

The 22nd Annual General Meeting (AGM) of Regent Textile Mills

The 22nd Annual General Meeting (AGM) of Regent Textile Mills Ltd was held in Chittagong recently. Chairman of the company Md Yakub Ali presided over the programme. The AGM approved 10 per cent cash dividend for its shareholders.

DSE/CSE News in Brief (24-12-2017)

DSE NewsDividend disbursementVanguard AML BD Finance Mutual Fund One: The Asset Manager of the Mutual Fund has informed that the cash dividend has disbursed for the year ended on September 30, 2017 to the respective unit holders' bank account through BEFTN on December 18, 2017.Withdrawal of authorised representativesKhurshid Securities Ltd:...