$

TT-Clean: 77.1 | TK BC-Selling: 78.1
TK OD-Sight: 76.88 TK | TC-Selling: 78.1 TK

TT-Clean: 77.1 | TK BC-Selling: 78.1
TK OD-Sight: 76.88 TK | TC-Selling: 78.1 TK

£

TT-Clean: 77.1 | TK BC-Selling: 78.1
TK OD-Sight: 76.88 TK | TC-Selling: 78.1 TK

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Rate last updated: 02/01/2014 11:15:04 AM

Daily Business News Flash March 02, 2022

First Chief of Operation of CMSF

Mr. Md. Monowar Hossain FCA has joined as the first Chief of Operation (COO) of Capital Market Stabilisation Fund (CMSF). The CMSF was established by the BSEC (Capital Market Stabilisation Fund) Rules, 2021 (CMSF Rule 2021) by BSEC in exercise of the powers conferred by section 33(1) of the Securities and Exchange Ordinance, 1969. CMSF acts as a custodian of undistributed cash and stock dividend, non-refunded public subscription money and un-allotted rights shares from the issuer of listed securities.Cash and stocks in the fund will be returned back on due claim by the shareholders or investors at any time in the indefinite perpetuity. The CMSF will be utilised to stabilize the capital market ensuring liquidity to the market by buying and selling of listed securities, making investment in other securities, providing loan to market intermediaries, lending and borrowing of listed securities and settlement of investors’ claim.

Source: https://today.thefinancialexpress.com.bd/stock-corporate/first-chief-of-operation-of-cmsf-1646147281

Mr. Sheikh Zaminur made DMD of Janata Bank

Sheikh Md. Zaminur Rahman joined the state-owned Janata Bank Ltd as its deputy managing director (DMD), the bank confirmed in a statement on Tuesday. Earlier he served as DMD of Karmasangsthan Bank. During this stint he performed the duty of managing director (current charge) of the bank for three months. Prior to his new assignment, he was serving as the General Manager of the Information Technology (IT) Division of the Janata Bank Limited. Zaminur started his banking career in 1999 by joining Janata Bank as a Senior Programmer (SPO).He received laurels from the Ministry of Finance, Bangladesh Bank and the Board of Directors of Janata Bank for his role in promoting the use of various modern techniques of IT in the banking sector.

Source: https://today.thefinancialexpress.com.bd/trade-market/sheikh-zaminur-made-dmd-of-janata-bank-1646150672

CRISL wins Triple A Award

Credit Rating Information and Services Ltd. (CRISL), the country’s first rating agency, won the prestigious Rating Agency of the Year Award 2021 from Bangladesh by “The Asset”, a Hong Kong-based leading financial publication for issuers and investors

Source: https://today.thefinancialexpress.com.bd/stock-corporate/crisl-wins-triple-a-award-1646147321

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
DJIA$ 33,294.95
↓597.65↓1.76%
FTSE100$ 7,330.20↓128.05↓1.72%
Nikkei 225$ 26,341.95↓502.77↓1.87 %

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$ 109.04↑5.63↑5.44%
Crude Oil (Brent)$ 110.46↑5.49↑5.23%
Gold Spot$ 1,936.91↓8.37↓0.43%

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
USD 1BDT 86.00
GBP 1BDT 115.4378
EUR 1BDT 96.5178

*World Commodities & Local and Global Stock Indices data are taken from bloomberg.com<

* Exchange Rates are taken from BB website, as on latest update.<