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ICB moots unit fund to support stock market

MOHAMMAD MUFAZZAL October 23, 2019 10:33:50

The Investment Corporation of Bangladesh (ICB) has made a move to float another open-ended mutual fund to support the country's stressed capital market. The initiative is part of its continuous marke...

Square pharma recommends 49pc dividend

FE Online Report October 22, 2019 20:37:17

The board of directors of Square Pharmaceuticals has recommended 42 per cent cash and 7.0 per cent stock dividend for the year ended on June 30, 2019, officials said. The final approval of dividend w...

Comprehensive framework to develop bond market drafted

FE Online Report October 22, 2019 15:57:48

A comprehensive framework to develop the country’s bond market has been drafted by a designated working committee. Titled as ‘Comprehensive framework on the development of bond market in...

DSEX sinks to fresh three-year low

FE Online Report October 22, 2019 15:32:26

The prime index of the Dhaka Stock Exchange (DSE) tumbled to more than three years low on Tuesday as investors dumped their holdings to prevent further losses. DSEX, the prime index of the DSE, plung...

Sinobangla Industries recommends 10pc dividend

FE Online Report October 22, 2019 12:05:21

The board of directors of Sinobangla Industries Limited (SBIL) has recommended 10 per cent cash dividend for the year ended on June 30, 2019. The final approval of the dividend will come during the a...

Marico BD declares 200pc interim dividend

FE Online Report October 22, 2019 12:01:43

The board of directors of Marico Bangladesh Limited has declared 200 per cent interim cash dividend for the year ending on March 31, 2020 based on six months financials for the period ended on Septe...

Stocks sink in early trading

FE Online Report October 22, 2019 11:57:24

Stocks witnessed downward trend in early hour of trading on Tuesday as investors mostly followed cautious stance amid depressed market outlook. Following the previous day’s mild correction, t...

City Bank EPS rises to Tk 2.58 in Q3

FE Desk Report October 22, 2019 10:46:09

City Bank presented its 3rd Quarter 2019 financial performances through an 'Earnings Disclosure' event organised on Monday at the bank's Head office in the capital. Consolidated Earnings Per Share (E...

GP sees 'very challenging environment' in Q3

FE Desk Report October 22, 2019 10:42:07

Grameenphone Ltd. reported total revenues of BDT 107.5 billion for the first nine months of 2019, a 9.5 per cent growth from the same period last year. The operator's subscriber base grew by 6.0 pe...

United Power tops turnover, gainer charts on prime bourse

FE Report October 22, 2019 10:38:51

Ten most traded companies accounted for more than 24 per cent transactions on the prime bourse on Monday, while United Power generated the highest turnover. The power generation and distribution comp...

Stocks back into red as major sectors slump

FE Online Report October 21, 2019 15:41:43

Stocks slipped back into the red zone on Monday, after a single-day break, as risk-averse investors went on selling binge on major sectors’ issues. DSEX, the prime index of the Dhaka Stock Exch...

Two more cos recommend dividend

FE Online Report October 21, 2019 11:52:40

Two more listed companies – Wata Chemicals Ltd and Bangladesh Autocars Ltd – have recommended dividend for the year ended on June 30, 2019, according to separate official disclosures on Mo...

Stocks descent as pessimism grips market

FE Online Report October 21, 2019 11:28:09

Stocks witnessed downward trend in early hour of trading on Monday as investors mostly followed cautious stance amid depressed market outlook. Following the previous day’s marginal gain, the Dh...

National Tea Company recommends 22pc dividend

FE Online Report October 21, 2019 11:17:32

The board of directors of National Tea Company Ltd has recommended 22 per cent cash dividend for the year ended on June 30, 2019, said an official disclosure on Monday. The final approval of the divi...

Apex Spinning, Apex Food recommend dividend

FE Online Report October 21, 2019 11:03:36

Apex Spinning & Knitting Mills and Apex Foods Ltd have recommended 20 per cent cash dividend each for the year ended on June 30, 2019, according to separate official disclosure on Monday. Apex Sp...

IT Consultants recommends 12pc dividend

FE Online Report October 21, 2019 10:50:04

The board of directors of IT Consultants Ltd has recommended 5.0 per cent cash and 7.0 per cent stock dividend for the year ended on June 30, 2019, said an official disclosure on Monday. The final ap...

Five more cos recommend dividend

FE Online Report October 21, 2019 10:49:19

Five more listed companies recommended dividend ranging between 10 per cent and 20 per cent for the year ended on June 30, 2019, according to separate official disclosures on Sunday. The companies ar...

Omera to raise Tk 2.38 billion

FE REPORT October 21, 2019 10:30:12

The country's largest LPG firm, Omera Petroleum Limited, will raise funds worth Tk 2.38 billion from the capital market. The company will raise the amount by floating initial public offering (IPO) us...

Stocks edge up after two-day slump

FE Online Report October 20, 2019 17:46:20

Stocks ended marginally higher on Sunday, snapping a two-day slump, as bargain hunters showed their buying appetite on sector-specific shares. Market analysts said despite the edge up, worries remain...

Ashuganj Power bond: BSEC extends timeframe for subscription

FE Report October 20, 2019 11:07:20

The securities regulator has extended the timeframe for public subscription of the bond to be issued by Ashuganj Power Station Company (APSC) till November 18 next. The subscription period has been e...

Weekly review: Stocks continue to bleed

Babul Barman October 19, 2019 10:51:02

Stocks extended the losing streak for the third straight week that ended on Thursday as worried investors continued their selling binge on large-cap shares. Week on week, DSEX, the prime index of the...

BSEC panel to have names of both audit firms, auditors

FE Report October 18, 2019 10:34:42

The securities regulator on Thursday decided to include the names of the auditors along with their firms in its auditors' panel to ensure more accountability of the firms that check financial report...

National Tubes tops turnover chart

FE Report October 18, 2019 10:33:37

Ten most traded companies accounted for more than 26 per cent of transactions on the prime bourse on Thursday, with the National Tubes generating the highest turnover. According to the Dhaka Stock Ex...

Stocks keep losing amid confidence crisis

FE Online Report October 17, 2019 16:49:30

Stocks witnessed yet another bearish session on Thursday, as worried investors continued their selling binge on major sectors’ shares. DSEX, the prime index of the Dhaka Stock Exchange (DSE), w...

Netflix shares jump as subscribers grow ahead of Disney, Apple attack

-- October 17, 2019 12:14:33

Netflix Inc added slightly more paying subscribers than Wall Street expected in the third quarter, a relief to investors who had worried the company might fall short just as Disney and Apple prepare t...

Silva Pharma recommends 11pc dividend

FE Online Report October 17, 2019 11:39:47

The board of directors of Silva Pharmaceuticals Ltd has recommended 6.0 per cent cash dividend for all shareholders excluding the sponsors & directors (excluding ICB) and 5.0 per cent stock divide...

Stocks open lower amid thin turnover

FE Online Report October 17, 2019 11:37:21

Stocks witnessed downward trend in early hour of trading on Thursday as investors are mostly on selling mood amid depressed market outlook. Following the previous day’s decline, the Dhaka Stock...

Stocks plunge after single-day break

FE Online Report October 16, 2019 15:54:39

Stocks failed to maintain the momentum of the previous day that saw sharp rise, which suggests retail investors remain unconvinced by government moves to support the moribund market. Market analysts...

Northern Jute recommends 100pc cash div

FE Online Report October 16, 2019 12:18:16

The board of directors of Northern Jute Manufacturing Company Limited has recommended 100 per cent cash dividend for the year ended on June 30, 2019, said an official disclosure on Wednesday. The fin...

BSC recommends 10pc dividend

FE Online Report October 16, 2019 11:55:25

The board of directors of Bangladesh Shipping Corporation (BSC) Limited has recommended 10 per cent cash dividend for the year ended on June 30, 2019, said an official disclosure on Wednesday. The fi...