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Dhaka stocks inch down after four-day rally

FE Online Report November 12, 2019 16:43:25

Stocks faced a mild correction on Tuesday, snapping a four-day rally, as risk-averse investors opted for quick-profit on sector specific shares. DSEX, the prime index of the Dhaka Stock Exchange (DSE...

Bashundhara Paper declares 15pc dividend

FE Online Report November 12, 2019 12:00:20

The board of directors of Bashundhara Paper Mills has recommended 15 per cent cash dividend for general shareholders (other than the sponsors-directors) for the year ended on June 30, 2019, said an of...

Meghna Cement recommends 15pc dividend

FE Online Report November 12, 2019 11:27:11

The board of directors of Meghna Cement Mills has recommended 10 per cent cash and 5.0 per cent stock dividend for the year ended on June 30, 2019, said an official disclosure on Tuesday. The final a...

Bourses witness upturn in early trading

FE Online Report November 12, 2019 11:22:19

Stocks witnessed an upward trend in early trading on Tuesday as investors were showing their buying appetite on sector-wise shares. Following the previous day’s positive ending, the Dhaka Stock...

China's top co to help develop BD's financial market base

Babul Barman, back from Shenzhen, China November 12, 2019 10:04:16

Kingdom Technology, a leading financial technology provider in China, showed keen interest to develop Bangladesh's financial market infrastructures in collaboration with local firms. "We like to ente...

Private offering of corporate bonds drops in FY19

FE ONLINE REPORT November 11, 2019 13:14:46

Issuance of corporate debt securities or bonds through private placement declined in the past fiscal year (FY), according to statistics available with the central bank. It showed that some 23 compani...

Olympic Industries declares 50pc cash dividend

FE Online Report November 11, 2019 12:31:49

The board of directors of Olympic Industries has recommended 50 per cent cash dividend for the year ended on June 30, 2019, said an official disclosure on Monday. The final approval of dividend will...

Meghna Petroleum declares 150pc cash dividend

FE Online Report November 11, 2019 11:42:19

The board of directors of Meghna Petroleum Ltd has recommended 150 per cent cash dividend for the year ended on June 30, 2019, said an official disclosure on Monday. The final approval of dividend wi...

Bourses witness gains at open

FE Online Report November 11, 2019 11:38:22

Stocks on bourses witnessed an upward trend in early trading on Monday as some investors were showing their buying appetite on sector-wise shares. Following the previous week’s upbeat note, the...

BD to debut taka bond on London bourse today

-- November 11, 2019 11:24:11

The government is floating the first taka bond worth around millions of dollars on London Stock Exchange today (Monday). Backed by the World Bank Group’s private sector lending arm Internationa...

Saudi Aramco gives some details on IPO size

-- November 10, 2019 13:10:17

DUBAI, Nov 10 (Reuters): Saudi state oil giant Aramco will sell 0.5 per cent of its shares to individual retail investors and the government will have a lockup period of a year on further share sales...

Bangla Bond listing on London bourse tomorrow

-- November 10, 2019 09:58:28

The International Finance Corporation (IFC), a sister concern of the World Bank, is set to float the first-ever Bangladeshi Taka-denominated bond on the London Stock Exchange (LSE). The bond will be...

18 cos recommend div in last week

FE Report November 09, 2019 11:26:55

A total of 18 listed companies recommended dividend in last week ranging from 1.0 per cent to 100 per cent for the year ended on June 30, 2019. Most the companies have recommended cash dividend, whil...

Weekly review: Price correction attracts investors

-- November 09, 2019 11:25:18

Dhaka bourse closed the week with a moderate rise in broad index as optimistic investors took position in sector specific stocks considering the lucrative price level. Many investors created buying p...

Global stocks near record highs on US-China trade deal hopes

-- November 08, 2019 13:31:59

World stocks rallied to near record highs on Friday after China said it had agreed with the United States to cancel tariffs in phases, a key demand of Beijing for sealing a deal to end a trade war tha...

Shenzhen, Dhaka bourses’ joint index by Dec

BABUL BARMAN, FROM SHENZEN, CHINA November 08, 2019 10:21:02

The Shenzhen Stock Exchange (SZSE) will launch a joint index in cooperation with the Dhaka Stock Exchange (DSE), comprising well performing companies, by the end of this year to increase Chinese inves...

Spot mkt to remain closed for two days

-- November 07, 2019 10:38:45

The share trading on the spot market will remain closed on November 7 and 11 on Dhaka Stock Exchange (DSE). The Bangladesh Securities and Exchange Commission (BSEC) took the decision on Wednesday f...

Asian shares mixed on possible trade snag

-- November 06, 2019 12:00:16

Asian shares were mixed Wednesday after investors were rattled by a possible snag in a US-Chinese trade truce following reports Beijing wants Washington to life punitive tariffs. Shanghai and Sydney...

Circuit limits for listed securities from debut day

FE REPORT November 06, 2019 10:30:06

The securities regulator has decided to apply circuit breaker system for the newly listed companies on their stock market debut to rein in unusual hike in share prices. As per the decision taken at i...

Padma Oil recommends 130pc cash dividend

FE Online Report November 05, 2019 11:47:34

The board of directors of Padma Oil Company has recommended 130 per cent cash dividend for the year ended on June 30, 2019, said an official disclosure on Tuesday. The final approval of dividend will...

Eastern Lubricant declares 100pc dividend

FE Online Report November 05, 2019 11:39:49

The board of directors of Eastern Lubricant Ltd has recommended 100 per cent cash dividend for the year ended on June 30, 2019, said an official disclosure on Tuesday. The final approval of dividend...

Stocks rise; DSEX gains 21 points

FE Online Report November 05, 2019 11:35:19

Stocks witnessed upward trend in early trading on Tuesday as some investors are showing their buying appetite on sector-wise shares. Following the previous day’s correction, the Dhaka Stock E...

Earnings of most NBFIs plummet in Jan-Sept

Babul Barman November 05, 2019 11:13:03

Earnings of most of the listed non-bank financial institutions (NBFIs) plunged in the first nine months of the year due mainly to huge provisioning against default loans and losses from capital market...

Stocks back to red amid thin turnover

FE Online Report November 04, 2019 18:08:05

Stocks slipped back to the red on Monday, after a single-day break as risk-averse investors went on selling binge on sector-wise stocks. DSEX, the prime index of the Dhaka Stock Exchange (DSE), went...

Two more cos recommend 6pc dividend

FE Online Report November 04, 2019 11:57:26

The board of directors of two more listed companies – Atlas Bangladesh and Central Pharmaceuticals have recommended 6.0 per cent dividend for the year ended on June 30, 2019, according to separa...

GBB Power declares 10pc dividend

FE Online Report November 04, 2019 11:51:41

The board of directors of GBB Power Limited has recommended 10 per cent cash dividend for the year ended on June 30, 2019, said an official disclosure on Monday. The final approval of dividend will...

DSEX loses 10.79 points in early trading

FE Online Report November 04, 2019 11:49:13

Stocks witnessed downward trend in early trading on Monday as investors are mostly on selling binge on sector-wise shares. Following the previous day’s marginal gain, the Dhaka Stock Exchange...

Foreign funds in stocks continue to fall

Babul Barman November 04, 2019 09:59:24

Net foreign investment in prime bourse remained negative for the eight consecutive months in October as the overseas investors continued to pull out their fund amid depressed market outlook. Market a...

Attack not to affect finances, operations of Aramco

Reuters November 03, 2019 16:30:38

Saudi Arabia's Aramco said it does not expect a recent attack on its oil plants to have a material impact on finances and operations as it launched an initial public offering (IPO) on Sunday by announ...

Stocks end marginally higher on Sunday

FE Online Report November 03, 2019 16:16:14

Stocks ended marginally higher on Sunday as some investors showed buying appetite on sector-wise shares based on earnings disclosure. DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up...