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Sensex gains 152 points in festive week

PTI October 21, 2017 14:01:39

The BSE Benchmark started the holiday truncated week with heavy gains, as both indices made fresh highs on positive trade data. The encouraging comments from the IMF chief on the outlook for Indian e...

Stocks extend losing streak

Babul Barman October 21, 2017 11:12:28

Stocks extended the losing streak for the second straight week that ended Thursday as cautious investors continued their selling binge amid mixed earnings and dividend declarations. Brokers said smal...

US stocks end modestly higher

-- October 21, 2017 11:05:07

US stocks closed modestly higher, lifting the S&P 500 index to its fifth record close in a row. The Dow Jones industrial average, which crossed past the 23,000 mark for the first time on Wednesd...

Asian shares push higher

-- October 20, 2017 11:33:09

Asian shares pushed higher on investor optimism over the global outlook despite uncertainties over the outcome of political events in China and Japan. Japan’s benchmark Nikkei 225 crept less th...

Asian shares perk up after US budget plan pass

Reuters October 20, 2017 11:32:03

Asian shares shrugged off early sluggishness and gained on Friday, and the dollar rose after the US Senate approved a budget blueprint for the 2018 fiscal year that will pave the way for Republicans t...

Stocks edge up after a bumpy ride

FE Online Report October 19, 2017 17:09:15

Stocks returned to the green zone on Thursday, a day-after losing spell, as some optimistic investors took position on sector-specific issues amid earnings and dividend declarations. Dealers observed...

Thirty years ago this week, Wall Street slid into the abyss

Reuters October 19, 2017 14:17:00

Thirty years ago, before heading to work at the New York Stock Exchange, Peter Kenny left his home in lower Manhattan and made a detour to the nearby Our Lady of Victory church to pray to St. Jude, th...

DSE arranges training on IPO processes

FE Online Report October 19, 2017 13:56:55

The Dhaka Stock Exchange (DSE) is going to organise a two-day training programme on “Initial Public Offerings: Processes & Procedures” with a fee of Tk 2,000. According DSE website in...

Rupali Bank to issue Tk 5.0b bond

FE Online Report October 19, 2017 12:30:10

The board of directors of Rupali Bank Limited has approved the issuance of 7 years subordinated bond of Tk 5.0 billion under Private Placement, said an official disclosure on Thursday. The bank is go...

Stocks higher in early trading

FE Online Report October 19, 2017 11:56:57

The prices of most of the shares on both bourses witnessed upward trend in early trading on Thursday as investors are showing their buying appetite on sector-wise issues amid ongoing earnings and divi...

IFAD Autos recommends 26pc dividend

FE Online Report October 19, 2017 11:30:43

The board of directors of IFAD Autos Limited has recommended 21 per cent cash dividend (other than sponsors/directors) and 5.0 per cent stock dividend for all shareholders for the year ended on June 3...

Asian markets mixed after China data

-- October 19, 2017 10:31:36

Asian shares were mixed on Thursday after Wall Street closed at record highs. Data showed that China’s quarterly growth slowed slightly but was in line with expectations. Japan’s Nikkei 2...

City Bank, DOZE Internet ink deal

-- October 18, 2017 19:06:20

The City Bank Limited has signed an agreement with DOZE Internet, said a press release. Under the agreement, City Bank customers will be able to pay DOZE Internet bills from their accounts through th...

Stocks slip into red breaking two-day gaining streak

FE Online Report October 18, 2017 16:54:55

Stocks slipped into the red Wednesday, breaking a two-day positive session, as many investors sold shares to profit as some observed the market carefully. Brokers said small investors were cauti...

Quasem Drycells recommends 18pc div

FE Online Report October 18, 2017 13:12:29

The board of directors of Quasem Drycells Limited (QDL) has recommended 18 per cent stock dividend for the year ended on June 30, 2017, said an official disclosure on Wednesday. The board has also ta...

Stocks open mixed

FE Online Report October 18, 2017 11:37:50

Stocks on both bourses witnessed mixed trend in early trading on Wednesday as investors are active on both sides of trading fence. Following the previous two days’ marginal gain, Dhaka Stock Ex...

Asia shares camp near peaks, markets ponder Xi's speech

Reuters October 18, 2017 10:55:09

Asian shares consolidated recent gains and currencies kept to tight ranges on Wednesday as investors waited to see what policies might emerge from China’s Communist Party conference. The twice-...

India may stick to deficit target, step up bank reform: Modi adviser

-- October 18, 2017 01:03:21

NEW DELHI, Oct 17 (Reuters): India is likely to stick to its fiscal deficit target of 3.2 per cent of GDP, and may accelerate sales of government stakes in lenders and other companies as part of an ef...

UCB unveils card-less digital pay platform ‘Upay’

-- October 17, 2017 21:24:29

United Commercial Bank (UCB) Limited has launched its state-of-the-art digital banking platform ‘Upay’ for both consumers and corporate customers. According to a statement, the launching...

SIBL Hospital sign MoU with Pubali Bank

-- October 17, 2017 21:22:07

SIBL Hospital on Tuesday signed a Memorandum of Understanding (MoU) with Pubali Bank Limited. SIBL Hospital’s Managing Director Dr. Lily Amin and Pubali Bank Limited’s General Manager and...

Stocks edge up after bumpy ride

FE Online Report October 17, 2017 16:30:57

Stocks edged higher for the second day in a row on Tuesday as some optimistic investors took position on sector-wise issues amid earnings and dividend expectation. Dealers said the market extended th...

Asian shares rise ahead of China meeting

-- October 17, 2017 14:01:24

Asian stocks rose Tuesday after Wall Street’s major indexes hit new highs as China prepared to open a key political meeting. The Shanghai Composite Index was unchanged at 3,380.38 and Tokyo&rsq...

Aamra Technologies recommends 10pc dividend

FE Online Report October 17, 2017 12:33:44

The board of director of newly listed Aamra Technologies Limited has recommended 10 per cent cash dividend for the year ended on June 30, 2017.  The final approval of dividend will come during t...

Aamra Networks recommends 10pc div

FE Online Report October 17, 2017 12:31:32

The board of director of newly listed Aamra Networks Limited has recommended 10 per cent cash dividend for the year ended on June 30, 2017, according to official disclosure on Tuesday. The final appr...

Square Textile recommends 25pc div

FE Online Report October 17, 2017 12:10:16

The board of directors of Square Textile Limited has recommended 20 per cent cash and 5.0 per cent stock dividend for the year ended on June 30, 2017, said an official disclosure on Tuesday. The bo...

Square Pharma recommends 42.50pc div

FE Online Report October 17, 2017 11:59:13

The board of directors of Square Pharmaceuticals has recommended 35 per cent cash and 7.50 per cent stock dividend for the year ended on June 30, 2017, said an official disclosure on Tuesday. The boa...

Stocks rally at opening

FE Online Report October 17, 2017 11:49:11

The prices of most of the shares on both bourses witnessed positive trend in early trading on Tuesday as investors are active on sector-wise issues. Following the previous day’s marginal gain,...

DSE turnover hits three-month low

FE Online Report October 16, 2017 16:04:48

Turnover at the Dhaka Stock Exchange (DSE) came down to Tk 5.03 billion on Monday, lowest in the last three months, as investors reluctant to make fresh investment in the market. Turnover, the most i...

Stocks witness volatility at opening

FE Online Report October 16, 2017 12:11:12

Stocks on both bourses witnessed volatility in early trading on Monday as investors are active both sides of trading fence. Following the previous three days’ sharp decline, the Dhaka Stock Exc...

Asian shares conquer 10-year peak, oil up on Iraq tensions

Reuters October 16, 2017 11:05:22

Asian shares advanced to a decade high on Monday, while US oil futures jumped to hover near a six-month top as escalating tensions between the Iraqi government and Kurdish forces threatened supply. I...