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Confidence Group condoles death of its director Shah Muhammed Hasan Sun Online Desk 27th February, 2021 06:30:53 Confidence Group has condoled the death of its director Mr Shah Muhammed Hasan and has sought eternal peace for the departed soul. Mr. Hasan passed away last night (26th February 2021) around 9:00 PM at Evercare Hospital, Dhaka due to complications in the lungs. Mr. Hasan’s Namaj-e-Janazah (funeral prayer) was held at 8:30 AM today (27th February 2021) at Naval Graveyard, Banani. His burial will take place today at his village home in Cumilla. In a condolence message the Group said, “It is a great loss for the Confidence Group and our country. Mr. Hasan joined Confidence Group in 1992 as a Sponsor Director of Confidence Cement Ltd. and has been a director ever since. In the meantime, he also began serving as a Director for Prime Insurance Company Ltd. Apart from Confidence Cement Ltd, He is also a Director of Confidence Infrastructure Ltd., C ....
Stocks plunge 2.5pc on panic sales Star Business Report Star Business Report The key index of the Dhaka Stock Exchange (DSE) nosedived more than 2.53 per cent yesterday due to pressure stemming from panic sales by general investors. The DSEX fell 142 points to 5,504.78, the lowest in one and a half months. Maybe people have lost confidence although there is no reason for losing faith in the market, said Sharif Anwar Hossain, president of the DSE Brokers Association. The market is falling as some investors sold off shares and others are following suit, he said, adding that such copycat tendencies intensify market falls. ....