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Asian stocks fall ahead of US jobs data

-- July 05, 2019 11:56:45

Asian shares fell Friday as investors waited for American employment data and details of US-Chinese trade talks. Benchmarks in Shanghai, Tokyo and Hong Kong fell while Australia edged up. The centra...

Ten companies account for 23pc turnover on DSE

FE Report July 05, 2019 11:47:54

Ten most traded companies accounted for 23 per cent of transactions on the Dhaka Stock Exchange (DSE) on Thursday, with the National Life Insurance making it to the top of the turnover chart for the...

IFIC Bank approves 10pc div

FE Desk Report July 05, 2019 11:45:16

IFIC Bank Limited held its extraordinary general meeting (EGM) and the 42nd annual general meeting (AGM) at the Officers' Club in the city on Thursday. Presided over by Vice-Chairman of the Board of...

Rupali Insurance approves 10pc stock dividend

FE Desk Report July 05, 2019 11:42:52

The 31st annual general meeting (AGM) of Rupali Insurance Company Limited was held at the Imperial Convention Centre in the city on Wednesday, says a statement. Mostafa Golam Quddus, Chairman of th...

Envoy Textile to issue 87m preference shares

FE Online Report July 04, 2019 15:51:29

The board of directors of Envoy Textile Limited has decided to issue 87 million preference shares at par through private placement to the potential investors. Preference share is a share which enti...

Stocks inch up after three-day slump

FE Online Report July 04, 2019 15:45:19

Stocks posted marginal gain on Thursday, snapping a three-day fall, as some investors went on late hours buying spree. DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 8.58 points...

World shares mixed; Europe advances

-- July 04, 2019 15:03:26

World shares were mixed on Wednesday, while European shares rose sharply as investors warmed to the announcement that Christine Lagarde will take the helm at the European Central Bank. Wall Street, m...

Indian shares tick up on budgetary hopes

-- July 04, 2019 15:01:57

Indian shares edged up tracking gains in broader Asia on Thursday buoyed by hopes of a possible rate cut by the US Federal Reserve, a day ahead of the Union Budget. The broader NSE index was up 0.2...

Stocks mixed as sentiment remains fragile

FE Online Reports July 04, 2019 11:44:45

Stocks witnessed mixed trend in early hours of trading on Thursday as investors mostly followed cautious after the final budget. Parliament passed the tax measures for fiscal 2019-20, reducing tax...

Govt earnings from DSE rise 7.72pc in FY '19

FE Report July 04, 2019 10:44:46

The government's revenue earnings from the Dhaka Stock Exchange (DSE) soared 7.72 per cent in the just concluded fiscal year (FY) over the previous fiscal. Market analysts attributed the rise in reve...

ACME starts commercial production at steroid facility

FE Report July 04, 2019 10:42:01

The ACME Laboratories has announced the start of commercial production at its state-of-the-art steroid and hormone facility in Dhamrai following successful completion of trial production. The stero...

National Life tops DSE turnover chart

FE Report July 04, 2019 10:40:06

Ten most traded companies accounted for one-fifth of transactions on the Dhaka Stock Exchange (DSE) on Wednesday, with the National Life Insurance Company making it to the top of the turnover chart....

BNICL approves 12pc dividend

-- July 04, 2019 10:37:43

Bangladesh National Insurance Company Limited (BNICL) approved 12 per cent cash dividend for the year 2018 at its 23rd annual general meeting (AGM) held at the Spectra Convention Centre in the city re...

Gulf stock markets mostly slip

-- July 03, 2019 16:11:20

Major Gulf stock markets were mostly lower slipped on Wednesday, in line with global equities amid concerns about a slowdown in the world economy. However, Kuwait continued to rally in the wake of...

BSE, NSE swing on global economic worries

-- July 03, 2019 16:06:40

Indian stocks remained volatile in morning trade on Wednesday, with global economic data hurting sentiments, while investors kept waiting for positive cues from the federal budget due later this week....

DSE, CSE keep losing amid low confidence

FE Online Report July 03, 2019 15:49:29

Stocks extended the losing streak for the three consecutive sessions Wednesday as investors kept their selling binge on major sectors’ shares. DSEX, the prime index of the Dhaka Stock Exchange...

Stocks witness mixed trend in cautious trading

FE Online Reports July 03, 2019 11:51:25

Stocks witnessed mixed trend in early hours of trading on Wednesday as investors mostly followed cautious after the final budget. Parliament passed the tax measures for fiscal 2019-20, reducing tax...

Ashuganj Power to float IPO worth Tk 1.0 billion

FE Report July 03, 2019 11:06:30

Ashuganj Power Station Company will raise a capital worth Tk 1.0 billion to conduct different development works including the land development. The company will raise the capital by issuing bond th...

Net foreign funds see negative trend after seven FYs

FE Report July 03, 2019 11:01:11

Net foreign fund in stocks witnessed negative trend in the outgoing fiscal year (FY) after seven fiscals as overseas investors booked profit by selling shares. Foreign investors bought shares worth...

ADB may extend capital market loan deal tenure by one year

FE Report July 03, 2019 10:58:24

The Manila-based lender Asian Development Bank (ADB) is likely to extend the third Capital Market loan agreement by one more year as the term of the deal expired on June 30 last, an official said. He...

Stocks slump first session of new fiscal

FE Online Report July 02, 2019 15:55:45

Stocks tumbled on Tuesday, the first session of the fiscal year (FY) 2019-20, as investors mostly on selling binge on major sectors’ shares. Parliament passed the tax measures for the fiscal ye...

ICB signs APA with FID

FE Online Desk July 02, 2019 13:22:52

The Annual Performance Agreement (APA) 2019-20 between Financial Institutions Division of Ministry of Finance and Investment Corporation of Bangladesh (ICB) was signed recently. Senior Secretary of F...

SE Asian stocks subdued after weak data

-- July 02, 2019 12:51:59

Southeast Asian stocks were subdued on Tuesday, as worries over weakening manufacturing activity and slowing economic growth hit risk appetite and dimmed enthusiasm around the Sino-US trade truce. Ho...

Asian shares rise after US stocks hit record high

-- July 02, 2019 12:41:41

Most Asian stock markets rose Tuesday after Wall Street's benchmark hit a new high following the latest truce in the costly US-Chinese trade war. Tokyo and Sydney rose, while Shanghai was unchanged....

ACME starts production of steroid, hormone from IPO project

FE Online Report July 02, 2019 11:41:29

The ACME Laboratories Limited has declared the commencement of commercial production of its state of the art steroid, hormone facility at Dhamrai upazila of Dhaka district. The company noted that the...

Stocks open new fiscal year on negative note

FE Online Reports July 02, 2019 11:37:10

Stocks witnessed downward trend in early hours of trading on Tuesday, the first session of the fiscal year (FY) 2019-20, as investors mostly followed cautious. Parliament passed the tax measures fo...

DSEX adds 36 points in H1 amid volatile trading

FE Report July 02, 2019 10:32:15

Stocks posted a slight gain in the first half of the 2019 despite the year started with shining streak amidst post-election buoyancy. DSEX, the prime index of the Dhaka Stock Exchange (DSE), to 5,950...

Rights subscription of IPDC to open July 10

FE Report July 02, 2019 10:29:39

Rights shares subscription of IPDC Finance Ltd is set to begin July 10, aiming to raise Tk 1.41 billion through rights issuance. Rights subscription of the non-bank financial institution will be co...

SE Asian stocks climb as trade worries ease

-- July 01, 2019 13:10:55

Southeast Asian stock markets saw a relief rally on Monday after weeks of volatile trade, as a thaw in Sino-US trade tensions and upbeat comments from US President Donald Trump revived risk appetite....

Bay Leasing AGM approves 10pc cash dividend

FE Online Desk July 01, 2019 12:38:37

The board of directors of Bay Leasing & Investment Limited has approved 10 per cent cash dividend for the year ended December 31, 2018. The announcement came at the company’s 23rd Annual Ge...