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Prime Bank Securities welcomes Moniruzzaman as new MD, CEO

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Prime Bank Securities Limited, a prominent stock brokerage company, is pleased to announce the appointment of Md Moniruzzaman, CFA, as the new Managing Director (MD) & Chief Executive Officer (CEO) of the organization, effective from May 14, 2023. Joining the Prime Bank family with the equivalent rank of Deputy Managing Director (DMD), Mr. Moniruzzaman will also undertake any assigned responsibilities related to capital market businesses.

With his extensive experience in the Capital Market, Mr. Moniruzzaman, CFA brings a wealth of knowledge and strategic leadership to Prime Bank Securities Limited. This appointment signifies the company’s strong commitment to driving innovation, fostering growth, and delivering value to stakeholders as it enters an exciting new phase.

Previously, Mr. Md Moniruzzaman served as the Managing Director of IDLC Investments Limited for over 13 years. Prior to that, he held various roles at Citigroup. With his professional affiliations, including Vice President of Bangladesh Merchant Bankers Association and Vice President of CFA Society Bangladesh, as well as being a Member of CSE Investors’ Protection Fund Trustee Board, Mr. Moniruzzaman’s visionary leadership and expertise in the financial industry, particularly in the Capital Market of Bangladesh, will guide the company towards new opportunities. He is recognized for his ability to build high-performance teams, cultivate strong partnerships, and drive operational excellence.

The appointment of Mr. Md Moniruzzaman, CFA, is greeted with delight by Prime Bank Securities Limited. His combined expertise, leadership, and passion make him the perfect individual to drive the company forward. With confidence in his guidance, Prime Bank Securities Limited is expected to continue excelling and achieving new milestones.

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Bullish Market Skyrockets

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dse bourse indices turnover

Dhaka Stock Market DSE, Bourse on the last working day of the week, 25th July, ended with a hike in Indices and Turnover from the previous working session. This information is known from DSE sources.

497 crore 34 lakh taka shares were traded on this day. 337 crore 97 lakh more tradings were done in DSE today compared to the previous workday, July 24th, Shares worth Tk 159 crores 37 lakh shares were traded last time, Wednesday.

The benchmark DSEX increased 62.81 points or 5,413 The Shariah-based index DSES added 13.81 points or 1,183 and the blue-chip index DS30 gained by 24.25 points or 1,932.

Of the issues traded, 286 advanced, 66 declined and 40 remained unchanged.

Techno Drugs Limited ranked top gainer on DSE, the share price increased by Tk 3.80 paisa or 9.87 percent. On this day, the share was last traded at Tk 42.30 paisa.

Rangpur Foundry Limited ranked top loser on the DSE, the share price dropped by Tk 5.40 paisa or 2.98 percent. On this day, the share was last traded at Tk 175.70 paisa.

DSE topped on trade is Square Pharmaceuticals PLC 35 crore 9 lakh takas of company shares have been traded.

A total of 28 companies’ shares were traded in the Block on Dhaka Stock Exchange. A total of 82 lakh 94 thousand 29 shares of the companies were traded. The financial value of which is 21 crore 92 lakh taka

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Eastland Insurance releases Q2 Financials

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One of the listed companies, Eastland Insurance Company Limited discloses its financial reports for the second quarter, (April – June 24).

The company’s earnings per share (EPS) Tk 0.27 paisa in Q2 of the current financial year (April – June 24). EPS was Tk. 0.41 for January-June 2024 as against Tk. 1.47 for the same period last year. EPS  was Tk 0.80 paisa during the same period last year. NAV per share was Tk. 20.85  as of June 30, 2024.

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Shahjalal Islami Bank reveals unchanged Q2 Financials

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One of the listed companies, Shahjalal Islami Bank PLC discloses its financial reports for the second quarter, (April – June 24).

The company’s Consolidated earnings per share (EPS) Tk 1.50 paisa in Q2 of the current financial year (April – June 24). Consolidated EPS was Tk. 1.50 for January-June 2024 as against Tk. 1.47 for the same period last year. EPS  was Tk 0.80 paisa during the same period last year. Consolidated NAV per share was Tk. 20.85 as of June 30, 2024.

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