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

Stocks rebound riding on GP, Square shares

Stocks returned to higher Monday, after a sharp correction in the previous day, supported by large-cap issues.Brokers said the market rebounded as investors are taking position in fundamentally strong large-cap stocks like Grameenphone (GP) and Square Pharmaceuticals. "The index recovered as the largest market-cap company, Grameenphone (GP) and second largest...

Queen South IPO lottery Thursday

The IPO lottery of Queen South Textile Mills will be held on Thursday (February 1) to allocate 15 million ordinary shares among the successful applicants.The lottery programmee will be held at 10:30am at the Auditorium of Institution of Engineers, Bangladesh (IEB) in Dhaka.The IPO result has been published on the...

Ten top-traded cos grab 31pc of turnover

Ten top-traded companies captured nearly 31 per cent transactions on the country's major bourse Monday.Square Pharmaceuticals topped the list for the second straight day.Market insiders said fundamentally-sound issues like GP and Square Pharmaceuticals continued to attract investors who are expecting positive quarterly earnings and dividend declarations in the days ahead.The...

NHFIL re-appoints MD

Khalilur Rahman Md. Khalilur Rahman has been re-appointed for 2nd time as Managing Director of National Housing Finance and Investments Ltd. (NHFIL) for 3 (three) years with effect from 4th February 2018, said a statement. Mr. Rahman joined NHFIL as Additional Managing Director in October 2013. Mr. Rahman has more...

CSE Capital Market & Investment Fair begins February 1

Chittagong, Jan 29: The Chittagong Stock Exchange organises a three day Capital Market and Investment Fair from February 1 in the port city to aware general investors on stock market. The event will be held at GEC Convention Centre in Chittagong. This will be the sixth capital market & investment...

More 28 listed cos disclose Q2 EPS

A total of twenty eight listed companies disclosed their un-audited second quarter (Q2) earnings for October-December period of 2017, according to separate official disclosures on Monday.Of them, earnings per share (EPS) of 18 companies declined while 10 companies increased in October-December quarter of 2017 compared to the same quarter in...

News Briefs-(30-01-2018)

Premier Bank gets new AMDMr. Golam Awlia joined The Premier Bank Limited as Additional Managing Director (AMD) recently. Prior to his joining, he was the Deputy Managing Director (DMD) of United Commercial Bank Ltd (UCBL). Mr. Awlia started his banking career with UCBL as Probationary Officer in 1983. Mr. Awlia...

DSE News in Brief (30-01-2018)

Disbursement of dividend GQ Ball Pen Industries: GQ Ball Pen Industries Ltd. has informed that the cash dividend for the year ended on June 30, 2017 has been dispatched.Usmania Glass Sheet Factory Limited: Usmania Glass Sheet Factory Limited has informed that it has credited bonus share for the year ended...

Green Delta Insurance won ICMAB Best Corporate Awards 2016

Green Delta Insurance won the first prize in Insurance Category at the ICMAB Best Corporate Awards 2016. Managing Director & CEO of Green Delta Insurance, Farzana Chowdhury ACII (UK) received the award from Finance Minister Abul Maal Abdul Muhith MP in a programme held in the city Sunday.

IBBL won ICMAB Best Corporate Award-2016

IBBL won the first position as the Best Corporate in the Banking Sector of ICMAB Best Corporate Award-2016 conferred by ICMAB. Finance Minister Abul Maal Abdul Muhith, MP handed over the award to Md. Abdul Hamid Miah, Managing Director & CEO of the bank on Sunday.

IIDFC inaugurats sixth branch at Narayanganj

Md. Asaduzzaman Khan, Managing Director of Industrial and Infrastructure Development Finance Company Limited (IIDFC) along with others inaugurated the sixth branch of the company at Narayanganj Sunday. High officials of the company, a good number of businessmen and local elites were present on the occasion.

UCB signs agreement with SME Foundation

UCB signed an agreement with SME Foundation to finance the members of Bangla Craft and Fashion Entrepreneurs of Bangladesh (FEAB). Under the agreement, SME Foundation will provide BDT 60 million low cost fund to UCB and UCB will charge single digit interest rate to the targeted entrepreneurs. A E Abdul...

Annual Branch Conference- 2017 of Prime Insurance Company

The Annual Branch Conference- 2017 of Prime Insurance Company Ltd. was held at the head office of the company recently. Chief Executive Officer Mohammodi Khanam presided over the conference while Md Zakiullah Shahid, Chairman of the company was the chief guest. Vice Chairperson of the company Saheda Pervin Trisha was...