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

Stocks snap four-day gaining streak

Stocks slipped into the red Wednesday, snapping a four-day gaining streak, as investors were cautious ahead of announcement of the central bank's next monetary policy statement.The Bangladesh Bank (BB) is scheduled to unveil the monetary policy statement (MPS) for the January-June period of the current fiscal year next week. Brokers...

Q2 EPS of BBS Cables jumps by 160pc

BBS Cables Limited, a sister concern of Bangladesh Building Systems, has posted 160 per cent rise in earnings per share (EPS) for the October-December period of 2017, compared to the corresponding period the previous year.According to un-audited second quarter (Q2) financial reports, the company's EPS was Tk 2.16 for the...

Marico's April-Dec EPS posts 8.78pc growth

The board of directors of Marico Bangladesh has declared 250 per cent second interim cash dividend based on financials for the period of nine months ended on December 31, 2017.The record date for entitlement of the interim cash dividend is February 12, says a disclosure posted on the Dhaka Stock...

Alif Industries share trading resumes on CSE today

The share trading of Alif Industries will resume on Chittagong Stock Exchange (CSE) today (Thursday) after its upgrade from the over-the-counter (OTC) market, a CSE official said.Shares of the company have already been traded on the Dhaka Stock Exchange (DSE) since December 28 after making a comeback from the OTC...

Large-cap stocks rule turnover chart

Ten top-traded companies accounted for more than 33 per cent of transactions on the country's premier bourse DSE on Wednesday with large-cap issues continuing to dominate the turnover chart.Market insiders said fundamentally-sound issues like Square Pharmaceuticals, Grameenphone and Beximco Pharmaceuticals continued to attract investors who are anticipating positive quarterly earnings...

City Bank signs deal to implement VEEFIN for Supply Chain Finance

City Bank signed an agreement with Infini Systems to implement VEEFIN, a solution for Supply Chain Finance, recently, said a press release. VEEFIN will enable City Bank to facilitate easy and instant finance to the suppliers and distributors of large corporate, through seamless supply chain finance transactions.Under this agreement, City...

News Briefs(25-01-2018)

Confidence Cement holds general meetingCHITTAGONG, Jan 24: The fourth special general meeting of the listed company Confidence Cement Ltd was held at the company's factory premises at Madam Bibirhat at Sitakunda in Chittagong on Wednesday. Presided over by its chairman Engineer Rezaul Karim, the meeting dropped some sections of the...

DSE/CSE News in Brief (25-01-2018)

DSE NEWSDisbursement of dividend Alif Industries Limited: Alif Industries Limited has informed that it has credited bonus share for the year ended on June 30, 2017 to the respective shareholders' BO Accounts on January 24, 2018.Board meetingDeshbandhu Polymer Limited: As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations,...

UCB donated a vehicle to 'Proyash'

United Commercial Bank Limited (UCB) donated on Tuesday a vehicle to 'Proyash', an institute of special needs run by Bangladesh Army, under the bank’s CSR activities. Managing Director of UCB A.E. Abdul Muhaimen handed over the vehicle to Col Md Shahidul Alam, Executive Director & Principal of Proyash.

Prime Bank distributs blankets among cold-hit people

Md. Touhidul Alam Khan, Deputy Managing Director of Prime Bank, has distributed blankets recently among cold-hit people at Purbo Khan-Bari Jam-E-Masjid in Niguary village under Gaffargaon upazila of Mymensingh district.

Bank Asia distributs blankets and sweater among cold-stricken people

As a part of corporate social responsibility, Bank Asia distributed one thousand blankets and sweater among cold-stricken people in Panchagarh and Dinajpur districts recently. Representatives of Bank Asia in association with local dignitaries distributed the warm clothes.