IPO Results Bangladesh

Start trading Forex: Tutorial Part 4
2011-11-11 23:48:00
In the previous three tutorial I have tried to give the idea of forex, how forex market works, what is buy/sell in forex, time table of forex market sessions etc. If you have missed it you can find it in the links below- Start trading Forex: Tutorial Part 1 Start trading Forex: Tutorial Part 2 Start trading Forex: Tutorial Part 3 And today I will write about the core basics of forex without knowing them you can't trade. While trading you will find these words. So you must know what it means before you start trading. Introduction ISO Currency Codes USD = US Dollar EUR = Euro JPY = Japanese Yen GBP = British Pound CHF = Swiss Franc CAD = Canadian Dollar AUD = Australian Dollar NZD = New Zealand Dollar Currency Pair Terminology EUR/USD = "Euro" USD/JPY = "Dollar Yen" GBP/USD = "Cable" or "Sterling" USD/CHF = "Swissy" USD/CAD = "Dollar Canada" (CAD referred to as the "Loonie") AUD/USD = "Aussie Dollar" NZD/USD = "Kiwi" Dealing Desk A dealing desk provides pri

Start trading Forex: Tutorial Part 3
2011-11-05 04:54:00
How You Make Money in Forex In this part of the tutorial we will learn how we make money in forex. In the forex market, we buy or sell currencies. Trading in the foreign exchange market is pretty simple. We simply exchange one currency for another hoping that price will change and the currency we bought will increase in value compared to the one we sold. Ok lets see an example: Traders action EUR USD You purchase 10,000 euros at the EUR/USD exchange rate of 1.3700+10,000 -13700 Two weeks later, you exchange your 10,000 euros back into U.S. dollar at the exchange rate of 1.4300 -10000 +14300 You earn a profit of $600 0 +600 An exchange rate is simply the ratio of one currency valued against another currency. For example, the EUR/USD exchange rate indicates how many Euros can purchase one US Dollar, or how many US Dollar you need to buy one Euro.  How to Read a Forex Quote Currencies are always quoted in pairs, such as GBP/USD or USD/CHF. The rea

Start trading Forex: Tutorial Part 2
2011-11-02 05:52:00
In the previous tutorial lesson we learned about Forex, size of Forex market and major trading instruments or known as Currency pairs. If you missed it you can find it in this link. And now in this lesson we will learn about the different trading sessions when you can trade. 24 hour Market The forex market is a seamless 24-hour market. Most brokers are open from Sunday at 4:00 pm EST until Friday at 4:00 pm EST, with customer service usually available 24/7. Yes, it is true that the forex market is open 24 hours a day, but that doesn't mean it's always active the whole day. You can make money trading when the market moves up, and you can even make money when the market moves down. BUT you will have a very difficult time trying to make money when the market doesn't move at all. This lesson will help determine when the best times of the day are to trade. Market Hours Although Forex market is a 24 hour market but it consists of 3 different trading sessions. The Tokyo session, the L

Start trading Forex: Tutorial Part 1
2011-10-30 00:19:00
Hello readers, today I am going to publish something other than my usual topics. And from now on I will try to publish them with regular interval. We all know stock markets are crashing. So it is time we move on to something more beneficial. It is called Forex trading. Where you can get a sustainable regular profit if you have a good strategy. I am going to write detailed tutorial about forex trading in the coming days. In these tutorial parts I will write about what is forex, how to trade forex, and various trading strategies you can apply in your trading. Today we will start with the basics of forex. what is forex? Forex is the foreign exchange market. The foreign exchange market is a virtual market where investors buy and sell currencies for other currencies. So what is forex trading? Forex Trading is trading currencies from different countries against each other. For example, in Europe the currency in circulation is called the Euro (EUR) and in the United States

DSE turnover exceeds Tk 4bln
2011-10-23 03:58:00
The Dhaka Stock Exchange continues to demonstrate an uptrend with the turnover exceeding the Tk 4 billion mark with more than one and half hours of trading left in the opening day of the week. Apparently pushed by a decision that banks would pump in Tk50 billion to salvage the drowning market, shares worth a total of Tk 4.03 billion changed hands by 13.24pm on Sunday with prices of 227 issues rising, 20 falling and three remaining unchanged. The general index stood at 5740.68 points gaining 195.93 points or 3.53 percent. The turnover hit the Tk 2 billion mark in only 44 minutes of trading at the opening. Many of the companies reached their highest price limits. Only five days back, on Oct 18, the turnover plummeted to Tk 2.1 billion, a state it was in nine months back. The lowest turnover recorded before that was on Jan 25, Tk 2.06 billion. On Thursday, a platform of top bank executives, Association of Bankers, Bangladesh, said that they shall start investing in the capital market fro

BAB plans to launch Tk 50b market stabilisation fund
2011-10-23 03:46:00
FE Report Private banks are planning to launch a Tk 50 billion market stabilisation fund (MSF) aimed at propping up the country's flagging stock market, an association representing the lenders announced Saturday. Members of the Bangladesh Association of Banks (BAB), a platform of bank owners, will finalise the modus operandi of the proposed fund at an emergency meeting today (Sunday), its chairman Nazrul Islam Mazumdar told the FE Friday. "BAB members will sit and set the terms for launching of an asset management company (AMC), which will manage the fund. Our aim is to involve as many banks as possible and may also open the door for insurers for investing in the fund," he said. Mazumdar rejected as "speculations" that the fund would have a ceremonial launching Sunday, saying that some crucial decisions including the starting date of the AMC, its approval procedure and appointment of its officials have yet been made. He said the fund would help revitalise the mor

Get paid for being social!
2011-05-03 05:04:00
Hello my friends, After a long time I am writing again. This time with a very good earning opportunity. Now you can get paid for being social! Like getting paid for using facebook. That's great, isn't it? I am explaining the process below- Fist you need to signup on Sitetalk. Click the banner and register. This is the site we will work with. Its really simple. Just signup here, refer your friends, chat with them as you do in facebook, in a word just stay active. Now I will just show you some vedios and you will understand how it works. Watch the vedios below- Presentation part 1 Presentation part2  Sitetalk & Unaico Convention in BudapestSitetalk & Unaico Global Convention in SloveniaSitetalk Global Launch in German

Meghna Group cos to go public
2011-04-21 01:23:00
Meghna Group of Industries will go public to finance its expansion plan. The $1 billion conglomerate has taken ambitious plan of setting up a number of industries, including the biggest chemical factory in the country, a condensed and a powdered milk factory, a paper mill, a salt factory and a composite hatchery. "We are thinking positively to float shares of some of our companies to finance the upcoming projects, subject to the approval from the Securities and Exchange Commission (SEC)," Mostafa Kamal, chairman and managing director of Meghna Group of Industries told the FE in an interview recently. He however, said the floatation of shares by some of the companies of the conglomerate largely depends on the stable situation of the stock market. "To set up any heavy industry or going for a massive expansion is a lengthy process and we are going through the procedures of setting two or three large heavy industries such as ship building, steel mill and power plant", Mr

DSE rejects MI Cement listing proposal finally
2011-04-19 05:54:00
FE Report The board of directors of Dhaka Stock Exchange (DSE) formally rejected the listing proposal of MI Cement Monday. The DSE board approved the listing proposal of Salvo Chemical on the day. The company will make its debut on the stock exchange Thursday (April 21). Earlier, the listing committee of the bourse opposed the listing proposal of MI Cement as its proposal for giving compensation to the investors was inconsistent with the Company Law. Share price of MI Cement has been fixed at Tk 111.60 each under book building system against face value of Tk 10 which believed to be overpriced. The DSE turn down the listing proposal of the cement manufacturer for the second time. In both cases, MI Cement applied to the DSE offering compensation to its primary shareholders if the prices of shares fall below offer prices within six months of start of the trading. Source: Financial Express BD

DSE listing body says no to MI Cement again
2011-04-18 00:39:00
FE Report The listing committee of Dhaka Stock Exchange (DSE) Sunday once again rejected the listing proposal of MI Cement, sources said. The committee will convey its decision to the board of DSE which will take the final decision on the issue. The board is scheduled to hold its meeting very soon. According to the sources, MI Cement applied to the DSE seeking permission to be listed with the bourse offering compensation to its primary shareholders if the prices fall below offer prices within six months of start of the trading. In condition of anonymity a member of the DSE listing committee told the FE that the compensation proposal which the MI Cement made earlier was not consistent with the Company Law, so DSE rejected the proposal. "MI Cement again came up with same proposal and that's why the listing committee has refused to accept it," he added. Meanwhile, the listing committee has okayed listing proposal of Salvo Chemical. The company has raised Tk 26