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The Financial Express

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Runner Automobiles extends IPO proceed deadline

Runner Automobiles extends IPO proceed deadline

FE REPORT 2021-11-14 09:50:31

Runner Automobiles has revised the IPO (initial public offering) proceed utilisation timeframe to December 31, 2022 to utilise the fund for manufacture of 3-wheelers. In a disclosure, the company...

Walton Hi-Tech net profit soars 126pc

Walton Hi-Tech net profit soars 126pc

MOHAMMAD MUFAZZAL 2021-11-14 08:37:21

Walton Hi-Tech Industries, a leading local brand in electronics and electrical sector, saw a steep growth in its turnover for the fiscal year (FY) 2020-21 which aided a significant growth in its net p...

DSEX breaks 4-week losing streak as investors snap up battered stocks

DSEX breaks 4-week losing streak as investors snap up battered stocks

BABUL BARMAN 2021-11-13 10:37:34

Stocks bounced back in the outgoing week, snapping a four-week losing streak, as buoyant investors put fresh bets on lucrative shares amid positive expectations. Of the five trading days during the w...

ICB's earning per share jumps

ICB's earning per share jumps

FE REPORT 2021-11-12 13:10:47

Investment Corporation of Bangladesh (ICB) saw a steep rise in EPS (earnings per share) for the year ended on June 30, 2021 compared to the same period of previous year. The company's EPS rose signif...

Stocks extend gaining streak for third straight day

Stocks extend gaining streak for third straight day

FE ONLINE REPORT 2021-11-11 15:39:24

Stocks extended the gaining streak for the third straight session on Thursday with rising turnover as investors continued to put fresh bets on sector-wise shares. The market opened sharply higher,...

BRAC Bank shares rise as SoftBank buys stake in bKash

BRAC Bank shares rise as SoftBank buys stake in bKash

-- 2021-11-11 15:21:20

The shares of BRAC Bank have soared after Japanese investment company SoftBank agreed to acquire a 20 per cent stake in its subsidiary bKash, the leading mobile phone financial service provider in Ban...

Japan’s SoftBank to buy 20pc stake of bKash

Japan’s SoftBank to buy 20pc stake of bKash

FE ONLINE REPORT 2021-11-11 12:15:52

Japanese multinational conglomerate SoftBank Group Corporation is set to buy 20 per cent stake of bKash, one of the largest mobile financial service providers in Bangladesh. bKash is a subsidiary of...

Alif Industries to issue Tk 3.0b convertible bond

Alif Industries to issue Tk 3.0b convertible bond

FE REPORT 2021-11-11 11:58:14

Alif Industries, a yarn producer, has decided to issue convertible bonds worth Tk 3.0 billion for land, machinery and existing factory renovation. The bond issue is subject to the approval of the sto...

ACME Pesticides Ltd makes trading debut Sunday

ACME Pesticides Ltd makes trading debut Sunday

FE ONLINE REPORT 2021-11-11 11:02:22

Newly listed ACME Pesticides Ltd will make its share trading debut on Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) on November 14 (Sunday) under ‘N’ category, officials s...

DSEX crosses 7000-mark at opening

DSEX crosses 7000-mark at opening

FE ONLINE REPORT 2021-11-11 10:51:27

Stocks opened sharply higher on Thursday, maintaining the previous day's rising trend, as buoyant investors were putting fresh bets on the major sector shares amid high expectations. Following the pr...

Sonali’s Tk 5.0b fund injection boosts investors’ mood

Sonali’s Tk 5.0b fund injection boosts investors’ mood

FE Report 2021-11-11 10:42:36

Sonali Bank has provided Tk 5.0 billion to Investment Corporation of Bangladesh (ICB) to invest in the stock market. Md. Mazibur Rahman, deputy managing director said, Sonali Bank took the move as it...

Vanguard AML BD Finance declares a 15pc cash dividend

Vanguard AML BD Finance declares a 15pc cash dividend

-- 2021-11-10 18:42:50

The Trustee Committee of ‘Vanguard AML BD Finance Mutual Fund One’ (Trading Code: VAMLBDMF1) has approved the Audited Financial Statements for the year ended September 30, 2021. It also d...

Stocks jump as major sectors soar

Stocks jump as major sectors soar

FE ONLINE REPORT 2021-11-10 16:17:30

Stocks witnessed sharp gains on Wednesday, extending the winning streak for the second straight session, as buoyant investors went for buying on major sector shares. The stock market witnessed a big...

Bourses open sharply higher

Bourses open sharply higher

FE ONLINE REPORT 2021-11-10 11:26:45

Stocks opened sharply higher on Wednesday as bargain hunters were showing their buying interest on sector-specific lucrative issues. Following the previous day’s big gain, DSEX, the prime index...

Hamid Fabrics price keeps rising despite huge losses

Hamid Fabrics price keeps rising despite huge losses

FE REPORT 2021-11-10 11:01:03

Share price of Hamid Fabrics is witnessing an unprecedented hike despite the company has reported huge losses recently for the year ended on June 30, 2021. The fabrics-manufacturer recommended 5.0...

Stocks rebound after two days slump

Stocks rebound after two days slump

FE ONLINE REPORT 2021-11-09 16:11:25

The market bounced back on Tuesday, snapping a two-day big fall, as bargain hunters put fresh bets on lucrative stocks. However, turnover dropped to a fresh six months low to Tk 10.07 billion as many...

Stocks open higher after two-day slump

Stocks open higher after two-day slump

FE ONLINE REPORT 2021-11-09 11:23:45

Stocks opened higher on Tuesday, after a two-day big fall, as bargain hunters were showing their buying interest on lucrative issues. Following the previous two days’ sharp decline, DSEX, the p...

Tax receipts from DSE down 22pc in October

Tax receipts from DSE down 22pc in October

BABUL BARMAN 2021-11-09 10:23:43

The government's revenue collection from Dhaka Stock Exchange (DSE) plunged by 22 per cent or Tk 113 million in October compared to a month earlier due to a decline in turnover on the prime bourse....

DSEX dips below 6,800-mark again

DSEX dips below 6,800-mark again

FE ONLINE REPORT 2021-11-08 17:05:39

Stocks nosedived further on Monday with the prime index of the Dhaka Stock Exchange (DSE) dipping below 6,800-mark as worried investors continued to dump their holdings. DSEX, the prime index of the...

Bourses witness positive trend in early trading

Bourses witness positive trend in early trading

FE ONLINE REPORT 2021-11-08 11:45:38

Stocks opened marginally higher in the early trading on Monday as bargain hunters were showing their buying interest on sector-wise issues. Following the previous day’s sharp decline, DSEX, the...

Most listed private power companies see profit growth in FY21

Most listed private power companies see profit growth in FY21

BABUL BARMAN 2021-11-08 09:58:50

Most listed power generation companies in the private sector logged higher profit year-on-year in the fiscal year (FY) 2020-21, thanks to higher income from subsidiaries, reduced corporate tax and low...

BHBFC to increase authorised capital to Tk 10b

BHBFC to increase authorised capital to Tk 10b

-- 2021-11-07 19:45:23

The BHBFC will increase its authorised capital to Tk 10 billion and paid up capital to Tk 5.0 billion to meet the growing demand, once the concerned law in this regard is enacted, said the finance min...

DSE key index tumbles to two-month low

DSE key index tumbles to two-month low

FE ONLINE REPORT 2021-11-07 16:03:52

Stocks tumbled on Sunday, after a single-day break, with the benchmark index of the Dhaka Stock Exchange (DSEX) tumbled to more than two months low amid late hours selling binge. The market started o...

Stocks open week on positive note as bargain hunters show buying interest on selective issues

Stocks open week on positive note as bargain hunters show buying interest on selective issues

FE ONLINE REPORT 2021-11-07 11:51:31

Stocks opened marginally higher on Sunday as bargain hunters are showing their buying interest on selective lucrative issues after recent corrections. Following the previous week’s sharp declin...

Weekly market review: Stocks tumble as investors sit on the sidelines

Weekly market review: Stocks tumble as investors sit on the sidelines

BABUL BARMAN 2021-11-06 09:49:56

Stocks plummeted for the fourth straight week that ended on Thursday as cautious investors continued to sell off shares in major sectors in the absence of market triggers. Of the five trading days...

Ifad Autos factory gets new automated production lines

Ifad Autos factory gets new automated production lines

ADNAN HOSSAIN BHUIYAN, BACK FROM DHAMRAI 2021-11-06 09:33:31

Ifad Autos Limited, a local commercial vehicle assembler, has recently installed automated production lines in its plant to scale up output and strengthen quality control further. The company has bee...

Meghna Condensed Milk's liabilities exceed assets

Meghna Condensed Milk's liabilities exceed assets

FE REPORT 2021-11-05 12:48:50

Meghna Condensed Milk Industries incurred a net loss of Tk 132.17 million for the year ended on June 30, 2021 while the company's current liabilities exceeded its total assets by Tk 442.14 million. "...

DSE daily turnover hits six-month low

DSE daily turnover hits six-month low

FE ONLINE REPORT 2021-11-04 15:45:00

Stocks edged higher on Thursday, snapping a four-day losing streak, with turnover hitting a fresh six-month low, as investors were mostly reluctant to make fresh investment amid ongoing pessimism. Th...

BSEC settles 194 complaints filed online in six months

BSEC settles 194 complaints filed online in six months

FE REPORT 2021-11-04 12:09:45

The securities regulator has resolved a total of 194 complaints submitted online in the last six months. The complaints were submitted through Customer Complaints Address Module (CCAM) introduced i...

DSE rises, CSE falls at opening

DSE rises, CSE falls at opening

FE ONLINE REPORT 2021-11-04 11:21:52

Stocks witnessed a marginal rise in the early trading on Thursday as most of the investors remained on the sidelines amid lack of clear market direction. Following the previous four days’ fall,...