Search results for: Stock

Wall Street set to open higher as tech shares recover

-- November 21, 2018 20:38:08

Wall Street was set to claw back some of the losses from a brutal two-day sell off on Wednesday as Apple Inc and other major technology stocks regained a foothold and oil prices steadied, according to...

European shares rebound on budget hopes

-- November 21, 2018 15:13:08

European shares rose on Wednesday as Italian banks rebounded on hopes Rome could compromise with Brussels over its budget plans. The STOXX 600 rose 0.5 percent in early trading, on course to snap a...

Asian shares sell-off in trade tensions

-- November 21, 2018 15:01:42

Asian shares fell on Wednesday after a trade dispute between the US and China stalled a weekend meeting, dimming hopes that it could be resolved once their leaders meet. Japan’s benchmark Nik...

Merchant banks allowed provisioning facility

FE Report November 21, 2018 14:13:55

The securities regulator has allowed the merchant banks to avail provisioning facility like financial institutions (FIs) and mutual funds (MFs). The facility has been offered in case of provisionin...

MTB launches UnionPay payment solutions

-- November 20, 2018 22:11:04

Mutual Trust Bank Ltd. (MTB) has started issuing UnionPay cards as the first commercial bank in the country, in collaboration with UnionPay International. MTB has also launched UnionPay QR code paymen...

Stocks soar as bank shares surge

FE Online Report November 20, 2018 15:12:11

Stocks ended higher on Tuesday, after remaining flat in the past session, as investors showed their buying spree, particularly on financial issues. Market insiders said the institutional investors...

Keya Cosmetics recommends 10pc div

FE Online Report November 20, 2018 12:11:24

The board of directors of Keya Cosmetics Limited has recommended 10 per cent stock dividend for the year ended on June 30, 2018, said an official disclosure on Tuesday. The final approval will come...

Nissan, Mitsubishi shares slump on Ghosn arrest

-- November 20, 2018 11:59:54

Nissan and Mitsubishi shares have slumped in early Tokyo trade, after the arrest of chairman Carlos Ghosn. He is accused of under-reporting his income by 5 billion yen ($44.4 million) over five years...

Stocks light up in early trading

FE Online Report November 20, 2018 11:25:30

The prices of most of the shares on bourses saw positive trend in early hour of trading on Tuesday as some investors are showing their buying spree on sector-wise stocks. Following the previous day...

Global stock markets tumble on tech sell-off, dollar sags

Reuters November 20, 2018 11:23:45

Asian stock markets skidded on Tuesday, extending sharp losses on Wall Street as technology firms bore the brunt of worries about slackening demand, while the dollar sagged after weak US data further...

Bata Shoe recommends 240pc interim cash dividend

FE Online Report November 20, 2018 11:14:11

The board of directors of Bata Shoe Ltd has recommended 240 per cent interim cash dividend, said an official disclosure on Tuesday. The multinational company declared the interim dividend consideri...

15 per cent tax on income of MFs: Govt extends tenure

FE Report November 20, 2018 10:24:30

The government has extended the tenure of paying 15 per cent tax on the income of the mutual fund's management by five years more. On December 5, 2013 15 per cent tax was fixed on the income, which...

BSEC decides to probe irregularities by EIs

Mohammad Mufazzal November 20, 2018 09:32:51

Securities regulator has decided to look into the alleged irregularities indulged in by the eligible investors (EIs) in determining companies' share prices under the book building method (BBM). Bangl...

Stocks end flat; DSE turnover hits record high

FE Online Report November 19, 2018 15:27:48

Stocks ended almost flat on Monday after volatile trading as investors were active both sides of trading fence while the turnover hit more than two-month high. Market operators said a section of in...

Asian shares rise after Wall St jumps

-- November 19, 2018 11:58:35

Asian shares were mostly higher Monday after a buying spree on Wall Street sustained investor optimism into the new week, despite continuing worries over trade tensions. Japan's benchmark Nikkei 22...

Nikkei rebounds; financials tumble

-- November 19, 2018 11:50:00

Japan’s Nikkei share average rebounded on Monday after investors covered their short positions on chip-related stocks, offsetting a drop in financials which were hurt by lower US yields. The...

Stocks inch up in tentative trading

FE Online Report November 19, 2018 11:22:02

Stocks edged up in early hour of trading on Monday as some investors are showing their buying spree on sector-wise stocks. Following the previous day’s marginal gain, the Dhaka Stock Exchange...

UCB to form subsidiary for providing MFS

FE Online Report November 19, 2018 11:10:41

The board of directors of United Commercial Bank (UCB) has decided to form a subsidiary company, aiming to provide mobile financial services (MFS). The formation of subsidiary company is subject to c...

17 cos allowed in spot market today and tomorrow

FE Report November 19, 2018 10:39:10

The share trading of 17 listed companies will be allowed only in spot market today (Monday) and tomorrow (Tuesday) as per their spot settlement cycle. The block transactions of the shares of these...

Most cement cos post rise in July-Sept EPS

FE Report November 19, 2018 10:33:41

The earnings of most of the listed cement companies rose in July-September quarter 2018 compared to the same quarter in the previous year. Of the seven cement companies listed with Dhaka Stock Exch...

Dhaka Bank, Bay ink deal

-- November 18, 2018 22:47:56

Dhaka Bank Ltd. and Bay Developments Ltd. have signed an agreement on Cash Management Services at the Head office of Bay Developments Ltd. at Bay's Edgewater Dhaka recently, said a statement. Under t...

Stocks edge up amid choppy trading

FE Online Report November 18, 2018 16:44:11

Stocks ended marginally higher on Sunday as investors were mostly followed cautious stance ahead of national election. Market operators said a section of investors showed some buying appetite while s...

Stocks open week on positive note

FE Online Report November 18, 2018 11:46:13

The prices of most of the shares on both the bourses witnessed an upward trend in early hour of trading on Sunday as some investors were seen active on sector-wise stocks. Following the last week&rsq...

Genex Infosys’ IPO subscription opens

FE Online Report November 18, 2018 11:26:54

The share subscription for the initial public offering (IPO) of Genex Infosys kicked off on Sunday, officials said. Genex Infosys, an IT company, will raise a fund worth Tk 200 million from the capit...

123 DSE shareholders receive cheques

Mohammad Mufazzal November 18, 2018 10:32:55

Some 123 shareholders of Dhaka Stock Exchange (DSE) so far have received cheques against their shares sold to the Chinese consortium with a commitment of investing in the capital market. By investing...

US stocks rise on trade optimism

-- November 17, 2018 13:41:05

US stocks rose on Friday after President Donald Trump said the United States may not have to impose further tariffs on Chinese goods. The markets moved higher, however, after the president said China...

World stocks end week near flat

-- November 17, 2018 13:28:37

World stocks ended the week nearly flat on Friday while the US dollar weakened and Treasury yields pulled back after a top Federal Reserve official said US interest rates were near a neutral rate....

Stocks end week lower as election nears

FE Report November 17, 2018 10:53:09

Stocks edged lower last week, after remaining flat in the previous week, as investors mostly followed cautious stance ahead of national election. Market insiders said most of investors adopted a 'wai...

ICB raises Tk 7.5b from subordinated bonds

FE Report November 17, 2018 10:49:25

The Investment Corporation of Bangladesh (ICB) has so far raised Tk 7.50 billion from the issuance of subordinated bonds floated as part of its market supportive measures. The state-run corporation...

Sonali Aansh's price jumps 50pc in eight days

FE Report November 17, 2018 10:42:33

The share price of Sonali Aansha Industries continued to soar 'abnormally' in a bearish market, despite having no price sensitive information (PSI). Within eight trading days, the company's share...