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The Financial Express

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Bourses open lower amid thin participation

FE Online Report June 02, 2020 11:31:44

Stocks saw downward trend in early hour of trading on Tuesday, maintaining the previous day’s downturn amid growing tension over the impacts of Covid-19 pandemic in the listed companies’ e...

Prime Bank’s EPS surges 13.5pc in Q1

FE Online Report June 02, 2020 10:56:12

Prime Bank’s consolidated earnings per share (EPS) rose 13.5 per cent year-on-year in the first quarter (Q1) for January-March, 2020, according to an official disclosure on Tuesday. The board o...

Two more MFs get another 10-year extension

FE ONLINE REPORT June 02, 2020 10:46:00

Two more close-end mutual funds, managed by ICB Asset Management Company, each have got their tenure extension for another 10 years, said an official disclosure on Tuesday. Closed-end mutual funds ar...

BB, BSEC hold parley to develop capital market

FE Report June 02, 2020 10:11:16

The central bank and the securities regulator took a set of decisions in a meeting on Monday, including disbursement of the listed banks' cash dividends only among small investors, considering their w...

MBL puts thrust on financing health sector, MSME

Siddique Islam June 02, 2020 10:01:14

Mercantile Bank Limited (MBL) has taken a series of measures to bring un-banked people into the banking network through boosting micro, small and medium enterprises (MSME) across the country. "We a...

Stocks back to downturn amid growing virus tension

FE ONLINE REPORT June 01, 2020 15:41:44

Stocks got back into the red on Monday, the second trading session after a long closure, amid a growing tension over the Covid-19 outbreak as the country is set to emerge a new global hotspot for the...

Asia stocks reach three-month peaks, resilient to US riots

REUTERS June 01, 2020 12:18:04

Asian shares pushed to three-month highs on Monday as progress on opening up economies helped offset jitters over riots in US cities and unease over Washington's power struggle with Beijing. There wa...

Stocks fall at opening as virus fears mount

FE Online Report June 01, 2020 11:32:05

Stocks witnessed downward trend in early hour of trading on Monday amid mounting fears over coronavirus outbreak as the country is set to emerge a new global hotspot for the virus. The presence of in...

Uttara Bank revises dividend declaration for 2019

FE Online Report June 01, 2020 10:55:37

The board of directors of Uttara Bank Limited has revised the recent dividend declaration for the year ended on December 31, 2019 due to the central bank’s dividend policy circular, said an offi...

Four listed cos’ shut factories due to Covid-19 pandemic

FE Online Report May 31, 2020 17:34:01

Four listed companies – Tallu Spinning Mills, Usmania Glass Sheet Factory, Monno Ceramic Industries and Monno Stafflers- have shut down their factories due to COVID-19 pandemic. The factory of...

Stocks end first session higher after long closure

FE Online report May 31, 2020 15:39:52

Stocks on both the bourses ended higher on Sunday, the first trading session after a 66-day closure, thanks to regulatory move to boost the ailing capital market. DSEX, the key index of Dhaka Stock E...

HeidelbergCement downgraded to ‘Z’ category

FE Online Report May 31, 2020 14:21:08

HeidelbergCement Bangladesh will be placed in ‘Z’ category from existing ‘A’ category with effect from Monday as the company has recommended ‘no’ dividend due to in...

Delta Hospital’s cut-off price fixed at Tk 11 each

FE Online Report May 31, 2020 12:46:48

The cut-off price of Delta Hospital Ltd’s shares has been fixed at Tk 11 through electronic bidding by eligible institutional investors. The Dhaka Stock Exchange (DSE) on Sunday disclosed the c...

Stocks up at open as trading resumes after 66-day break

FE Online Report May 31, 2020 11:27:35

Stocks on both the bourses witnessed an upward trend in the early hour of trading Sunday as trading resumed after a hiatus of more than two months. Trading and settlement activities on the bourses re...

NCC Bank postpones recommended dividend

FE Online Report May 31, 2020 11:05:40

The board of directors of National Credit and Commerce Bank has postponed the recent dividend recommendation for the year ended on December 31, 2019, said an official disclosure on Sunday. The board...

BSEC meets BB tomorrow

Mohammad Mufazzal May 31, 2020 10:39:01

The securities regulator will sit with the Bangladesh Bank (BB) tomorrow (Monday) to strengthen coordination between the two regulators for further development of capital market and money market. "Bo...

Bangladesh stock exchanges to resume Sunday, after two-month shutdown

-- May 28, 2020 17:54:36

Bangladesh’s two stock exchanges will resume trading and settlement on Sunday, ending a two-month shutdown over the coronavirus outbreak, as the regulator has approved the bourses’ plan to...

Power Grid Company’s EPS up 11.5pc in nine months

-- May 27, 2020 19:11:42

Power Grid Company of Bangladesh’s earnings per share (EPS) rose 11.5 per cent year-on-year in nine months for July, 2019 to March, 2020. The board of directors of the company in a virtual meet...

DSE market-cap to GDP ratio remains low in region

FE Online Report May 26, 2020 11:22:04

The ratio of the Dhaka Stock Exchange’s market-cap to the GDP remained low in the region amid lack of listing of new big issues and price erosion of large-cap companies. The present market capi...

Dollar dips as virus recovery optimism holds

-- May 26, 2020 10:57:52

The dollar inched lower on Tuesday as growing optimism about a global recovery from the coronavirus (COVID-19) pandemic supported riskier currencies, though concerns about Sino-US tensions held furthe...

Pandemic robs stock investors’ Eid festivity

FE ONLINE REPORT May 25, 2020 11:03:20

Kamrul Hossain, a stock investor who lives at Gopibagh in Dhaka, celebrated Eid-ul-Fitr in 2019 with an enthusiastic and festive mood with his family. He bought new dresses for all six members of the...

Tradings on bourses resume May 31 after 66-day

FE Online Report May 24, 2020 18:13:35

Tradings on both the stock exchanges are set to resume from May 31, after a 66-day break, due to Covid-19 pandemic. Trading and settlement activities will resume on the day even if the countrywide ge...

BAPLC greets new chairman of BSEC

FE Online Report May 24, 2020 17:07:47

Bangladesh Association of Publicly Listed Companies (BAPLC) leaders greeted Professor Shibli Rubayat Ul Islam on assuming his office as the chairman of Bangladesh Securities and Exchange Commission (B...

RAK Ceramic's net profit drops 18pc in Q1

FE Report May 23, 2020 10:16:41

The net profit of RAK Ceramics (Bangladesh) fell more than 18 per cent year-on-year in the first quarter (Q1) for January-March, 2020 due to lower sales amid ongoing pandemic. The board of director...

Kohinoor, Orion Pharma, Orion Infusion disclose Q3 earnings

FE Report May 23, 2020 10:11:36

Three more pharma & chemicals sector companies - Kohinoor Chemical, Orion Pharma and Orion Infusion- disclosed their third quarter (Q3) earnings for January-March, 2020 period. The companies' ear...

Linde Bangladesh's profit up 11pc in first quarter

FE Report May 23, 2020 10:07:53

Linde Bangladesh's net profit rose nearly 11 per cent year-on-year in the first quarter (Q1) for January-March, 2020 driven by higher income. However, the company's net operating cash flow per share...

'Long-term financing should be ensured through capital mkt'

Mohammad Mufazzal May 22, 2020 10:28:26

The country's capital market has considerable opportunities to overcome the impacts of the COVID-19. In that case, potential policy measures will have to be adopted to increase investors' participati...

NCC Bank's EPS jumps 110pc in Q1

FE Report May 22, 2020 10:04:20

National Credit and Commerce Bank's consolidated earnings per share jumped 110 per cent year-on-year in the first quarter (Q1) for January-March, 2020 despite ongoing Covid-19 pandemic. The board of...

IPO subscription of Express Insurance delayed further

FE Report May 21, 2020 10:35:45

The public subscription for Express Insurance shares has been delayed further as the stock market remained shut in line with the government holidays. The government has extended the ongoing shutdow...

Two DU professors join BSEC as commissioners

FE Report May 21, 2020 10:31:04

The government has appointed two commissioners at the securities regulator to make the commission functional removing the quorum crisis. The ministry of finance (MoF) confirmed their appointment fo...