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DSEX slumps below 6400-mark at opening

DSEX slumps below 6400-mark at opening

FE ONLINE REPORT 2022-06-20 11:52:49

The stock market opened lower on Monday as the risk-averse investors kept their selling binge on major sector issues amid rising inflation. Following the previous day’s modest correction, DSEX,...

City Bank perpetual bond makes debut today

City Bank perpetual bond makes debut today

FE REPORT 2022-06-20 10:10:42

Trading of The City Bank Perpetual Bond will commence on the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) today (Monday) under the settlement category 'N'. Perpetual bonds are fixed...

Midland Bank to go public

Midland Bank to go public

Siddique Islam 2022-06-20 09:58:46

Midland Bank Limited (MDB) has planned to raise Tk 700 million through Initial Public Offering (IPO) subscription by the final quarter of this calendar year to expand its capital base, the bank's top...

Stocks break two-day gaining streak

Stocks break two-day gaining streak

FE ONLINE REPORT 2022-06-19 16:05:22

Stocks slipped into the red on Sunday, snapping a two-day winning streak, as the cautious investors opted for booking profit on quick-gaining issues. The market opened higher and the key index of the...

Markets open week on upbeat note

Markets open week on upbeat note

FE ONLINE REPORT   2022-06-19 11:28:00

The stock market opened marginally higher on Sunday as some investors kept their buying interest in sector-wise issues. Following the previous day’s rise, DSEX, the prime index of the Dhaka Sto...

Saif Powertec to acquire Saif Maritime LLC

Saif Powertec to acquire Saif Maritime LLC

FE REPORT 2022-06-19 10:22:24

Saif Powertec Ltd, a listed company, has decided to take over 100 per cent stake of Saif Maritime LLC at a cost of Tk 12.69 million. The board of directors of Saif Powertec has taken the decision at...

Achia Sea Foods' share subscription begins today

Achia Sea Foods' share subscription begins today

FE REPORT 2022-06-19 10:15:46

The subscription for shares of Achia Sea Foods through qualified investor offer (QIO) will begin today (Sunday), aiming to raise Tk 150 million under the fixed price method. The frozen food exporter'...

Weekly market review: Stocks tank as budget fails to attract investors

Weekly market review: Stocks tank as budget fails to attract investors

BABUL BARMAN 2022-06-18 10:17:58

Stocks drifted lower in the first week after unveiling the national budget as investors were not happy with the budgetary measures on the capital market. Week on week, DSEX, the key index of Dhaka St...

Global stock markets fall as economy fears grow

Global stock markets fall as economy fears grow

-- 2022-06-17 15:17:00

Asian stocks fell on Friday after major losses in the US and Europe as worries about the economy intensify following a series of rate hikes around the world. The UK and Switzerland raised int...

'Investment Toolkits' published

'Investment Toolkits' published

FE REPORT 2022-06-17 09:55:07

The securities regulator has continued its efforts to conduct regulatory activities amid different obstacles created by many groups in the capital market. The chairman of the Bangladesh Securities...

Esquire Knit to invest Tk 47.77 million in a subsidiary

Esquire Knit to invest Tk 47.77 million in a subsidiary

FE REPORT 2022-06-17 09:52:03

The board of directors of Esquire Knit Composite, a concern of Esquire Group, has approved an investment decision amounting to Tk 47.77 million for its subsidiary L' Esquire Limited. "This investme...

BAFFA arranges industry-academia meeting

BAFFA arranges industry-academia meeting

OUR CORRESPONDENT 2022-06-17 09:49:41

CHATTOGRAM: Bangladesh Freight Forwarders Association (BAFFA) hosted an 'Industry-academia collaboration meeting' to discuss ways to develop skills in the logistics sector. The meeting, held at the...

DSE key index exceeds 6400-mark

DSE key index exceeds 6400-mark

FE ONLINE REPORT  2022-06-16 17:07:44

Stocks extended the gaining streak for the second straight day on Thursday as bargain hunters continued their buying interest on lucrative issues.  The market opened higher in the morning and th...

Bourses witness uptrend in early trading

Bourses witness uptrend in early trading

FE ONLINE REPORT 2022-06-16 12:25:03

Stocks opened higher on Thursday, maintaining the previous day’s positive trend, as the bargain hunters continued their buying binge on lucrative issues. DSEX, the prime index of the Dhaka Stoc...

State minister supports merchant bankers' demand

State minister supports merchant bankers' demand

FE REPORT 2022-06-16 10:07:37

The state minister for planning Dr. Shamsul Alam has supported merchant bankers' demand of whitening undisclosed money in the capital market. The state minister echoed the merchant bankers' demand on...

Smuggled money be back, bourses to be bullish

Smuggled money be back, bourses to be bullish

FE REPORT 2022-06-16 08:30:42

It is systemic fault that creates black money in Bangladesh, says Finance Minister AHM Mustafa Kamal as he bets big on budget baits for repatriation of the siphoned-off funds. "Whoever possesses land...

BSEC allows Global Islami Bank to raise Tk 4.25b through IPO

BSEC allows Global Islami Bank to raise Tk 4.25b through IPO

FE ONLINE REPORT  2022-06-15 20:34:22

The stock market regulator has allowed Global Islami Bank to raise Tk 4.25 billion from the capital market under the fixed price method.  The approval came on Wednesday at a meeting held at the...

Stocks snap four-day losing streak

Stocks snap four-day losing streak

FE ONLINE REPORT  2022-06-15 18:07:25

Stocks ended marginally higher on Wednesday, snapping a four-day losing streak, as bargain hunters showed their buying interest in lucrative issues.  DSEX, the prime index of the Dhaka Stock E...

Stocks open higher after four-day slump

Stocks open higher after four-day slump

FE ONLINE REPORT 2022-06-15 11:37:14

The stock market opened higher on Wednesday as the bargain hunters were showing their buying interest on sector-specific stocks after a four-day price correction. DSEX, the prime index of the Dhaka S...

Monno Fabrics keeps soaring sans PSI

Monno Fabrics keeps soaring sans PSI

FE REPORT 2022-06-15 10:08:18

Monno Fabrics has been witnessing an unprecedented price hike and increase in volume of shares even though there is no undisclosed price sensitive information (PSI). Just in five trading days, the co...

Push to improve financial literacy of women investors

Push to improve financial literacy of women investors

FE REPORT 2022-06-15 10:01:39

Experts at a workshop suggested improving the financial literacy of women investors to enhance their participation in the capital market. They said that if women investors come to the market with pri...

Stocks extend losing streak amid macroeconomic worries

Stocks extend losing streak amid macroeconomic worries

FE ONLINE REPORT 2022-06-14 16:36:09

Stocks extended the losing streak on Tuesday as investors continued sell-off shares amid the country’s macroeconomic worries. DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down...

Stocks open mixed amid cautious trading

Stocks open mixed amid cautious trading

FE ONLINE REPORT 2022-06-14 11:42:36

The stock market opened with a mixed trend on Tuesday as investors were mostly cautious amid the instability of the exchange rate and rising inflation. DSEX, the prime index of the Dhaka Stock Exchan...

DSE for widening tax gap between listed, non-listed companies

DSE for widening tax gap between listed, non-listed companies

FE REPORT 2022-06-14 09:50:36

Dhaka Stock Exchange (DSE) has urged the government to widen the gap between the rates of corporate tax paid by listed and non-listed companies. The premier bourse DSE said the gap between the rates...

Stock markets slide over global economy concerns

Stock markets slide over global economy concerns

-- 2022-06-13 13:49:11

Asian stock markets have fallen sharply as soaring prices in America triggered fears the Federal Reserve will take tougher action to rein in inflation. At the same time, the US dollar strengt...

Bourses see modest fall at opening

Bourses see modest fall at opening

FE ONLINE REPORT 2022-06-13 10:56:32

The stock market opened marginally lower on Monday, the second day after unveiling the national budget as the proposed budget appears to have failed to boost stock investors’ confidence. DSEX,...

Five junk stocks keep rising

Five junk stocks keep rising

FE REPORT 2022-06-13 10:20:58

Prices of five junk stocks are rising 'abnormally' on the Dhaka Stock Exchange (DSE) despite these firms are incurring huge losses and not giving dividends for a long time. Junk stocks have also freq...

MoU inked to begin trading of T-bonds

MoU inked to begin trading of T-bonds

FE REPORT 2022-06-13 10:14:52

Stakeholders on Sunday signed a memorandum of understanding (MoU) to commence trading of Treasury Bonds (T-bonds) aiming to activate the country's bond market. The representatives of Bangladesh Bank...

City Bank holds 39th AGM virtually; approves 12.50pc cash, 12.50pc stock dividend

City Bank holds 39th AGM virtually; approves 12.50pc cash, 12.50pc stock dividend

FE ONLINE DESK 2022-06-12 16:43:55

The 39th Annual General Meeting (AGM) of City Bank was held on Sunday on a virtual platform. The Audited Financial Statements for the Bank for the year ended December 31, 2021, were placed before the...

Stocks open lower on post-budget session

Stocks open lower on post-budget session

FE ONLINE REPORT 2022-06-12 11:56:18

The market opened lower on Sunday, the first session after unveiling the national budget, as there were mixed investor reactions to the proposed budget. DSEX, the prime index of the Dhaka Stock Excha...