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

Large cap cos drag DSE index into red

The country's premier bourse closed the Monday's session with a moderate loss and extended the losing streak for the second consecutive session.On the day, the majority number of listed securities including the large cap ones closed in red on the Dhaka Stock Exchange (DSE). The price correction of large cap...

Ahsan H Mansur elected new chair of BRAC Bank's Board

Dr. Ahsan H. Mansur, Independent Director of the BRAC Bank Limited (BBL) Board and an eminent economist of the country, has been elected as the new Chairperson of BBL's Board. He is succeeding Sir Fazle Hasan Abed KCMG, the Founder Chairperson of BRAC Bank. Sir Fazle is retiring from his...

DSE pays homage to Bangabandhu

Dhaka Stock Exchange (DSE) held a doa mahfil at its office on Monday to mark the death anniversary of Bangabandhu Sheikh Mujibur Rahman. DSE director Minhaz Mannan Emon moderated the programme attended by DSE chairman professor Abul Hashem, directors justice Siddiqur Rahman Miah, Waliul Islam, professor M. Kaykobad, and Md....

Beacon Pharma, United Power dominate turnover chart

Top 10 traded companies captured 28.38 per cent of the turnover featured by the Dhaka Stock Exchange (DSE) on Monday.Of the top turnover leaders, Beacon Pharmaceuticals featured a turnover of Tk 232.70 million and grabbed 5.20 per cent of the market turnover.The company's share price advanced 1.20 per cent or...

News Briefs (27-08-2019)

Mercantile Bank Limited recently signed an agreement with Bangladesh Rural Electrification Board (BREB) regarding collection of monthly bill payment of BREB through 'MYCash', mobile financial services of Mercantile Bank Limited. The agreement was signed by Adil Raihan, Deputy Managing Director & CSBO, Mercantile Bank Limited and Md. Asafuddaula, Secretary, BREB...

Khondkar Atique-e-Rabbani FCA

Khondkar Atique-e-Rabbani FCA (4th from right), outgoing president of IIA Bangladesh and Ahmed Raihan Shamsi (3rd from right), Member of IIA Bangladesh (The Institute of Internal Auditors, Bangladesh) seen in the AGM held recently

SIBL opened Dhamairhat Banking Booth

Social Islami Bank Limited (SIBL) opened its Dhamairhat Banking Booth at Rangunia, Chattogram, managed by Roazarhat Branch of the bank recently. Professor Md. Anwarul Azim Arif, the Chairman of the Board of Directors of the bank, inaugurated the banking booth as the Chief Guest. Quazi Osman Ali, Managing Director and...

Ershad Hossain

Ershad Hossain, Managing Director & CEO of City Bank Capital Resources Limited (CBCRL), Mahmud Hasan, Managing Director & CEO of MedRx, and Tanzila Mahmud, Director of MedRx, seen in an "Investors Meet" of MedRx Life Science Limited held recently at Six Seasons Hotel, Dhaka. MedRx Life Science Limited will float...

DSE/CSE News in Brief (27-08-2019)

DSE NEWSDisbursement of dividendPurabi Gen. Insurance Company Ltd.: The company has informed that cash dividend warrants has been disbursed for the year ended on December 31, 2018. The company requested shareholders' who have not provided their exact addresses, to collect their undistributed dividend warrant from company's Share Department.Islami Insurance Bangladesh...

Indian shares rise on government's stimulus boost

Indian shares gained on Monday, led by a surge in financial stocks, as investors cheered the government's decision to withdraw a recent tax surcharge on foreign investors and speed up a $10 billion capital infusion into state-run banks, reports Reuters. The broader NSE index was up 0.7 per cent at...

US stock index futures recover

US stock index futures edged higher on Monday as US President Donald Trump moved to ease trade tensions with China, soothing investor nerves after intense feuding between the world's top two economies last week sent stocks into a tailspin, reports Reuters.The benchmark S&P 500 index .SPX logged its worst run...

Planning Minister MA Mannan,

Planning Minister MA Mannan, MP, addressing a discussion organised by BASIC Bank Limited in the city Sunday marking the 44th anniversary of martyrdom of Father of the Nation Bangabandhu Sheikh Mujibur Rahman and National Mourning Day where Chairman of the board of directors of BASIC Bank Alauddin A. Majid and...

Md Mazadul Hoque,

Md Mazadul Hoque, an official of Social Islami Bank Limited (SIBL) handing over a set of articles, authored by him on economic issues to former governor of Bangladesh Bank Professor Dr. Atiur Rahman recently.