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Stocks keep losing as major sectors fall

FE Online Report December 09, 2018 17:04:47

Stocks extended the losing streak for the second day in a row on Sunday, as cautious investors continued their selling spree on large-cap sectors. Analysts said investors were mostly on selling mood...

Mideast stocks eke out some gains at opening

-- December 09, 2018 14:30:43

Mideast stocks pared gains in early trading on Sunday, while Saudi Arabian Mining Company (Ma’aden) helped Saudi Arabia’s stock index, but Dubai’s market remained flat. Ma’ade...

DSE sends RD Food to ‘B’ category

FE Online Report December 09, 2018 12:43:38

Rangpur Dairy & Food Products is set to place in ‘B’ category from existing ‘A’ category with effect from Monday (December 10), said an official disclosure on Sunday. Th...

Prime Life Ins recommends 15pc dividend

FE Online Report December 09, 2018 11:36:08

The board of directors of Prime Life Insurance Company Limited has recommended 10 per cent cash dividend for the year ended on December 31, 2017. The final approval of dividend will come during the...

Stocks show mixed trend at opening

FE Online Report December 09, 2018 11:33:20

Stocks showed mixed trend in early hour of trading on Sunday as investors mostly followed cautious stance ahead of national elections. Following the previous week’s correction, the Dhaka Stoc...

Auditors see incomplete information in Central Pharmaceuticals

FE Report December 09, 2018 10:41:07

The auditor has issued 'qualified' status on Central Pharmaceuticals for incomplete information found in the company's audit report for the year ended on June 30, 2018. According to basis of qualif...

ICB approves 35 per cent dividend

FE Desk Report December 09, 2018 10:32:13

The 42nd annual general meeting (AGM) of Investment Corporation of Bangladesh (ICB) was held at a city hotel on Saturday, according to a statement. The AGM approved 35 per cent (30 per cent cash and...

ACME Laboratories holds 42nd AGM

FE Online Desk December 08, 2018 15:49:04

The Acme Laboratories Limited recently organised its 42nd Annual General Meeting (AGM) at the PSC Convention Hall in the capital. Nagina Afzal Sinha, chairman of the company presided over the meeting...

ITC declares 10pc stock (bonus) dividend

FE Online Desk December 08, 2018 15:25:22

The Shareholders of the Information Technology Consultants Limited (ITC) have declared 10 per cent stock (bonus) dividend for the year 2017-18. The approval came at the 18th Annual General Meeting (A...

Sonali Aansh jumps 49pc in a week

FE Report December 08, 2018 13:39:10

The share price of Sonali Aansh Industries soared 49 per cent or Tk 197 this week, compared to the previous week. The share closed at Tk 730.80 on Thursday, the last trading session of this week. In...

Global shares mixed as trade worries loom; oil surges

Reuters December 08, 2018 11:54:21

Concerns over China-US trade tensions gave European shares their worst week of losses in two months and sank US stocks on Friday, overshadowing the lift from higher oil prices and jobs data. While Eu...

Financials push stocks higher

Babul Barman December 08, 2018 10:50:42

Stocks bounced back this week, as optimistic investors went on a buying spree, snapping up financial issues. Thursday was the last trading session of the week. Week-on-week, DSEX, the prime index of...

European shares attempt to recoup losses

-- December 07, 2018 15:05:28

European shares attempted on Friday to recoup losses sustained during the previous session’s global selloff but lacked thrust from Wall Street and Asian markets for a significant rebound. By 08...

Japanese shares edge up

-- December 07, 2018 11:35:48

Japan’s Nikkei share average snapped a three-day losing streak on Friday, drawing some relief after Wall Street shares clawed back some of their sharp losses. Wider gains were capped, however,...

Asia shares struggle to rally, oil skids further

Reuters December 07, 2018 11:10:57

Asian shares fought to sustain the slimmest of recoveries on Friday amid speculation the Federal Reserve might be “one-and-done” with US rate hikes, while oil fell anew as producers bicker...

Auditor gives 'qualified' opinion on PGCB's financial report

FE Report December 07, 2018 10:34:51

The auditor has given 'qualified' opinion on the financial statement of the Power Grid Company of Bangladesh Ltd. (PGCB), as the report for the year ending on June 30, 2018, contains incomplete info...

Ten cos grab 25pc transactions on DSE

FE Report December 07, 2018 10:28:42

The ten most traded companies captured more than 25 per cent of the turnover of the prime bourse on Thursday, with Dragon Sweater and Spinning topping the list. According to statistics available wi...

Stocks retreat on selling pressure

FE Online Report December 06, 2018 15:52:19

Stocks slipped into the red on Thursday, snapping a four-day gaining streak, as cautious investors booked some profit on sector-wise issues. Market operators said investors were on selling mood throu...

Nikkei hits five-week low

-- December 06, 2018 13:04:46

Japan’s Nikkei closed at more than a five-week low on Thursday as chip-related stocks were hit after Canada arrested a top executive of Chinese tech giant Huawei. Losses intensified later in...

Synesis IT, eGeneration to implement HRM solutions to DDM

-- December 06, 2018 12:30:55

eGeneration Ltd and Synesis IT Ltd recently signed an agreement with Department of Disaster Management (DDM) to jointly provide consulting services in developing Human Resources (HR) Performance Manag...

Asian shares skid after arrest of Huawei CFO

-- December 06, 2018 12:08:57

Asian stock prices skidded Thursday following the arrest of a senior official at Chinese telecoms equipment maker Huawei that could derail progress in China-US trade talks. Hong Kong’s Hang...

DSE, CSE witness slow trend at opening

FE Online Report December 06, 2018 11:27:17

Stocks posted marginal gain in early hour of trading on Thursday as some investors are showing their buying appetite on sector-wise issues. Following the previous four days’ upward movement,...

Foreign funds in DSE slump further in Nov

FE Report December 06, 2018 10:55:06

The net foreign funds in the Dhaka Stock Exchange (DSE) remained negative in November as foreign investors were reluctant to put fresh stakes. Market insiders said depreciation of taka against the...

Capital market achieves high quality structure: Muhith

FE Report December 06, 2018 10:44:52

Finance minister AMA Muhith said the country's capital market has achieved the ability of performing like a high quality market although its expansion is yet to be remarkable. He said this on Tuesd...

Stocks extend gains for 4th day

FE Online Report December 05, 2018 15:32:34

Stocks edged higher on Wednesday, extending the gaining streak for the four consecutive sessions, as investors showed their buying spree on sector-wise issues. Market operators said a section of in...

Northern Jute’s share price soaring sans PSI

FE Online Report December 05, 2018 12:38:25

The share price of Northern Jute Manufacturing Company Limited is soaring without having any undisclosed price sensitive information. Within seven consecutive trading sessions, the company’s...

S Korean stocks hit over one-week low

-- December 05, 2018 11:54:49

South Korea's KOSPI stock index fell over 1.0 per cent on Wednesday to a more than one-week low, after US markets tumbled overnight, while the won and bond yields also fell. At 0132 GMT, the KOSPI...

Stocks nudge higher in early trade

FE Online Report December 05, 2018 11:46:37

The prices of most of the shares witnessed upward trend in early hour of trading on Wednesday as optimistic investors are showing their buying appetite on sector-wise issues. Following the previous...

Asian shares fall after Wall Street sell-off

-- December 05, 2018 10:58:24

Asian stocks sank Wednesday after Wall Street plunged amid confusion about what Washington and Beijing agreed to in a tariff cease-fire. Hong Kong’s Hang Seng index fell 1.6 per cent to 26,84...

Jute Spinners' liabilities exceed assets

FE Report December 05, 2018 10:37:26

Jute Spinners incurred a net loss of Tk 102.90 million during the year ended on June 30, 2018 and the accumulated loss of the company stood at Tk 454.52 million. The company's liabilities stood Tk 46...