Stocks
Prime Bank Securities welcomes Moniruzzaman as new MD, CEO
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.
Dhaka Stock Exchange DSE, Bourse on the last working day of the week, April 25th, ended with a massive drop in Indices and Turnover from the previous working session. This information is known from DSE sources.
511 crore 43 lakh taka shares were traded on this day. 91 crore 31 lakh less tradings were done in DSE today compared to the previous workday, 23rd April , Shares worth Tk 602 crores 74 lakh shares were traded last time, Wednesday.
The benchmark DSEX lost 60.48 points or 5,518 The Shariah-based index DSES dropped 12.29 points or 1,217, and the blue-chip index DS30 decreased by 10.17 points or 1,974.
Of the issues traded, 69 advanced, 300 declined and 27 remained unchanged.
ADN Telecom Limited ranked top gainer on DSE, the share price increased by Tk 9.60 paisa or 8.66 percent. On this day, the share was last traded at Tk 120.50 paisa.
Bata Shoe Company Bangladesh Limited ranked top loser on the DSE, the share price dropped by Tk 36.9 paisa or 3.77 percent. On this day, the share was last traded at Tk 941.00 paisa.
DSE topped on trade is Orion Infusion Limited 31 crore 69 lakh takas of company shares have been traded.
A total of 35 companies’ shares were traded in the Block on Dhaka Stock Exchange. A total of 26 lakh 36 thousand 734 shares of the companies were traded. The financial value of which is 16 crore 61 lakh taka
One of the Listed companies, Bangladesh National Insurance Company Limited has recommended 20% Cash Dividend for the year ended December 31, 2023.
In terms of financial performance, The Company has also reported EPS of Tk. 4.04 for the year ended December 31, 2023. The Company has also reported NAV per share of Tk 26.28 paisa for the year ended December 31, 2023.
The Annual General Meeting (AGM) of the company will be held on June 25, through the digital platform. The record date for this has been fixed at May 27.
One of the Listed companies, Bata Shoe Limited has recommended 105% Final Cash Dividend (Total 435% Cash Dividend for the year ended December 31, 2023 inclusive of 330% Interim Cash Dividend, which has already been paid) for the year ended December 31, 2023
In terms of financial performance, The Company has also reported EPS of Tk. 29.31 for the year ended December 31, 2023. The Company has also reported NAV per share of Tk 237.93 paisa for the year ended December 31, 2023.
The Annual General Meeting (AGM) of the company will be held on July 16, through the digital platform. The record date for this has been fixed at May 16.
