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Bank Asia declares 20pc dividend

Bank Asia has declared 20% dividend (5% bonus share and 15% cash dividend) for the year 2015 at the 17th Annual General Meeting of the Bank held today (Monday, 18 April, 2016) at Dhaka Lady’s Club in the capital city (Dhaka). Mr. A. Rouf Chowdhury, Chairman of the Bank presided over the meeting. With 5% stock dividend, the paid-up capital of the Bank would increase to Tk. 8.81 billion. Vice Chairmen Mr. pix-finalMohd. Safwan Choudhury and Mr. A.M. Nurul Islam, Chairman of Executive Committee Mr. Rumee A. Hossa...

Stocks close week mixed

Stock market closed week mixed when the broader price indices at the country’s twin bourses finished up, but transaction fell on cautious participation today. DSEX, the broader index of Dhaka Stock Exchange (DSE), ended flat in green at 4408.64, with the blue-chip DS30 following it to end at 1683.35. The Shariah DSES, however, closed flat in green at 1065.98, reports BSS. dseChittagong Stock Exchange (CSE) also ended the week up, with its major CSCX index finishing 13.64 points higher at 8246.60. The daily transaction declined...

Apollo Hospitals to raise Tk 75cr fund thru’ IPO

Under book-building method STS Holdings, which owns Apollo Hospitals Dhaka, will raise fund TK.75cr through Initial public offerings (IPO). Share price will be valued by institutional investors. Company would issue the volume of share. In a road show held yesterday (4 April) in hotel Radisson Blue, STS holdings says above. dsedse Merchant banks, asset management companies, stock dealers, banks, other financial institutions, insurance companies and alternative investment fund managers participated in the event. Company says, it...

Stock extends loss to straight third week

Stocks extended loss to straight third week on Sunday when the indices sunk further to close the week’s first trading session. DSEX, the broader price index of Dhaka Stock Exchange (DSE) lost over 37 points to finish the day at 4435.46 when the blue-chip DS30 and the Shariah DSES followed it to finish down at 1703.77 and 1078.86 respectively, reports BSS. dseMarket analysts attributed the fall to the heavy sell-off in large-cap securities, including BSRM Limited, Orion Pharma and Summit Power. According to the daily market upd...

Ailing mutual fund industry must improve, CSE stresses

Chittagong Stock Exchange (CSE), the 2nd dynamic bourse of the country has arranged a training program on “Comprehensive Equity Research” today at its premises in Dhaka for the Authorized Representatives, investors and different professions in Chittagong. A total of 30 participants from 20 broker offices attended the training. Mr. G Faruque, Acting MD of CSE while speaking his speech in the training said that many market leaders in different sectors are not listed. More efforts should be exerted so that these companies find strong incentives to get listed in the stock market. A raise in tax rate for the non-listed companies should be strongly considered. After the initial shock of bursting the

CSE organizes training on “Equity Research”

Chittagong Stock Exchange, the 2nd dynamic bourse of the country has arranged a training program on “Comprehensive Equity Research” today at its premises in Chittagong for the Authorized Representatives, investors and different professions in Chittagong. A total of 50 participants from 30 broker offices attended the training. Mr. AKM Shahroze Alam, Head of Training and Awareness Department inaugurated the training program and said that CSE from its inception has given utmost importance to educate the investors, stock brokers’ officials for the greater interest of Bangladesh Stock Market development. He said that CSE will arrange in 2016 series of training and awareness program across the country to tap its potential. Our responsibility is to educate the investors and ultimate...
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