The Financial Express | Financial Online News portal

Dhaka,  Wed,  25 May 2016
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May 25, 2016, 6:48 pm
THE HAGUE, May 25: Royal Dutch Shell is to cut at least another 2,200 jobs, with around 475 of those coming from its UK and Ireland oil and gas production business. The cuts are mainly due to Shell's takeover of oil
May 25, 2016, 6:41 pm
Once upon a time, jute was the golden fibre of Bangladesh. The country used to earn the highest amount of foreign currency by exporting jute and jute goods. However, starting in the 1980s, due to lack of proper government policy
Despite some risk factors, the government is likely to keep the inflation rate at 5.8 per cent in the upcoming fiscal year (FY) 2016-17. The inflation target was estimated considering the existing prices of essential commodities including petroleum products in the global market, a senior official familiar with the budget preparations told the FE on Tuesday. Earlier, the 'confidential' projection was discussed at a fiscal coordination council meeting chaired by Finance Minister AMA Muhith, he added. "We're hopeful of bringing down the rate of inflation to 5.8 per cent by the end of the FY 2017 from the existing level if a favourable
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The government on Wednesday signed a memorandum of understanding (MoU) with a Belgian company to develop the Payra Deep-sea Port project. Payra Port Authority (PPA) Chairman Captain Md Saidur Rahman and Danny Di Hert of Belgian company Jan De Nul signed
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Industries Minister Amir Hossain Amu will represent Bangladesh at West Bengal Chief Minister Mamata Banerjee’s swearing-in ceremony, to be held on Friday. Foreign Minister AH Mahmood Ali confirmed veteran Awami League leader’s participation while talking to reporters at a press conference at the Foreign Ministry on Wednesday afternoon. State Minister for Foreign Affairs M Shahriar Alam and Foreign Secretary M Shahidul Haque
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BEIJING, May 25: Huawei is suing its tech rival Samsung over claims that its patents have been infringed. The Chinese firm said it was pursuing its South Korean rival in two courts - one in California, the other in Shenzhen. According to Huawei, several of its cellular communications and software inventions had been used in Samsung's phones without its permission. Samsung told it
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Google will begin testing an alternative to passwords next month, in a move that could do away with complicated logins
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MANCHESTER, May 25: Jose Mourinho will learn from Louis van Gaal's experience and deliver exciting football at Manchester United should
Academic activities of four private medical colleges will face closure if the authorities concerned fail to provide required documents within next 15 days, a release of the health ministry said Sunday. The four medical colleges are - Bangladesh Medical College at Dhanmondi, Popular Medical College, Uttara Adhunik Medical College and Uttara Women's Medical College. The ministry took the decision at a meeting on the 'Private Medical/Dental College Establishment and Administration Policy' on Sunday at the secretariat. Health minister Mohammad Nasim chaired the ...
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 Minnesota Governor Mark Dayton officially declared May 23, 2016, as Beyoncé Day. "Beyoncé's impact and success has been widely recognised," Gov.
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Albuquerque, May 25: Protests outside a Donald Trump rally in New Mexico turned violent on Tuesday night as demonstrators threw

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Stock market

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Final IndexChange(Points)Change(%)
ISSUES ADVANCED61
ISSUES DECLINED165

Most popular

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Top 10 gainers

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gainer
Based on YCP and Close Price
CompanyYCPHighLowCLOSE%CHG
ASIAPACINS14.1015.3014.5015.006.38
PHENIXINS19.2020.6019.2020.406.25
ZAHINTEX17.5018.7017.7018.505.71
ICB1STNRB17.9019.2018.8018.905.59
FAMILYTEX9.109.909.109.605.50
ECABLES139.30146.00139.50144.904.02
TOSRIFA16.8017.7016.8017.403.57
ATLASBANG105.60110.00106.30109.303.50
CNATEX8.909.408.909.203.37
APEXSPINN89.3094.9090.0092.203.25
Based on Open and Last Trade Price

Top 10 Loser

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loser
Based on YCP and Close Price
CompanyYCPHighLowCLOSE%CHG
MJLBD108.60100.0096.3096.70-10.96
MODERNDYE96.2092.0088.8089.20-7.28
RAHIMAFOOD51.9050.3047.1048.20-7.13
BGIC14.8014.0013.5013.80-6.76
ASIAINS13.8013.5012.9013.00-5.80
PHOENIXFIN17.3017.3016.3016.40-5.20
BDFINANCE12.4012.4011.7011.80-4.84
JAMUNABANK12.9012.8012.3012.30-4.65
BNICL13.1013.2012.5012.50-4.58
CONTININS13.2012.8012.3012.60-4.55
Based on Open and Last Trade Price

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Money Exchange rate

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currency
Currency Sell Purchase
USD78.9577.94
GBP118.00117.96
EUR83.7883.75
Chinese Yuan12.2412.24
HK Dollar10.21819.8929
Singapore dollar63.618659.877
Saudi Rial21.191820.52

Commodity price

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commodity
Commodity Price Change
GOLD 1,270.40 (US $/oz)-0.6%
SILVER 20.70 (US $/oz)-1.9%
COPPER 7,12 (US$/mt) -0.7%
CRUDE OIL 93.20 (USD/bbl.) -1.7%
COTTON # 278.85 (USc/lb)0.9%
WHEAT (CBOT)647.25 (USD/bu)-0.1%
PALM OIL823.96 (USD/MTon)3.4%
Soybean Oil40.84 (USc/lb)1.4%
Sugar #1117.87 (USc/lb)-0.6%

Call money rate

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Today's Rate Yesterday's Rate
06.15-07.75pc 05.50-08.00pc
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ADDRESS
Editor : A.H.M Moazzem Hossain
Published by the Editor for International Publications Limited from Tropicana Tower (4th floor), 45, Topkhana Road, GPO Box : 2526 Dhaka- 1000 and printed by him from City Publishing House Ltd., 1 RK Mission Road, Dhaka-1000.
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