Search results for: Stock

Indian shares flat, Kotak Mahindra falls

-- February 22, 2019 13:24:03

Indian shares were subdued on Friday amid declines in broader Asia triggered by a worsening global growth outlook, while Kotak Mahindra Bank Ltd sank to a three-week low. ING Group is looking to sell...

Asian shares edge down in cautious trade

-- February 22, 2019 13:14:02

Asian shares edged down on Friday after a slide on Wall Street as nervous investors eyed US-China trade talks in Washington. Japan’s benchmark Nikkei 225 slipped 0.3 per cent to 21,402.57 in mo...

Global stocks mostly rise ahead of US-China tariff war talks

-- February 21, 2019 20:30:46

Most global stock markets rose Thursday as US and Chinese officials entered two days of negotiations aimed at ending a bruising tariff battle, according to AP. In midday trading in Europe, Britain&rs...

Capital mkt dev prog: Policy inaction irks ADB, threatens fund release

Syful Islam February 21, 2019 09:40:15

The delay in implementing several policy actions in the second tranche under the third capital market development programme (CDMP3) has irked the Asian Development Bank (ADB), people familiar with the...

Leading tech cos should expand businesses in Ctg

FE Desk February 21, 2019 00:50:22

Mahbubul Alam, President of Chittagong Chamber of Commerce and Industry (CCCI) on Wednesday said Chattogram can become hub of IT sector in future. "The modernisation and use of IT in Chittagong Port,...

Dhaka stocks edge up after bumpy ride

FE Online Report February 20, 2019 16:00:40

Dhaka stocks edged higher for the second day in a row on Wednesday as some optimistic investors took position on sector-wise issues. Market analysts said the market extended the gaining spell as some...

CSE revises CSE-50 index

FE Online Report February 20, 2019 13:37:30

The Chittagong Stock Exchange (CSE) CSE-50 index has been revised on the basis of performance of listed companies. After the revision, two new companies -- Meghna Petroleum and Jamuna Bank have been...

Reliance Insurance recommends 15pc cash, 10pc stock dividends

FE Online Report February 20, 2019 13:37:04

The board of directors of Reliance Insurance has recommended 15 per cent cash and 10 per cent stock dividend for the year ended on December 31, 2018. The final approval of dividend will come during t...

Exim Bank’s bond issue gets BSEC nod

FE Online Report February 20, 2019 12:27:09

The securities regulator has accorded consent to Exim Bank for issuing Tk 6.0 billion Mudaraba Subordinated Bond, said an official disclosure on Wednesday. Bangladesh Securities and Exchange Commissi...

SE Asian stocks rally; Philippines leads gains

-- February 20, 2019 12:23:29

Southeast Asian stock markets rose on Wednesday as hopes for an extension to the March 1 deadline for a deal between US and China were boosted by US President's comments amid a fresh bout of talks. U...

BSEC approves IPO of Sea Pearl Beach Resort

FE Online Report February 20, 2019 12:10:32

The securities regulator has approved the initial public offering (IPO) proposal of Sea Pearl Beach Resort & Spa Ltd which will raise a capital worth Tk 150 million. Sea Pearl Beach Resort &...

Asian shares edge up after Wall St gain

-- February 20, 2019 12:08:22

Asian shares edged up on Wednesday after a modestly high finish on Wall Street that extended the market’s gains into a fourth week. The Nikkei 225 index rose 0.6 per cent despite news that Japa...

Legacy Footwear declares 5.0pc dividend

FE Online Report February 20, 2019 11:52:38

The board of directors of Legacy Footwear Limited has declared 5.0 per cent interim cash dividend considering the performance of the company based on audited financial statements for the half year per...

DSE, CSE rise amid thin trading

FE Online Report February 20, 2019 11:44:36

Stocks witnessed positive trend in early hour of trading Wednesday as some investors are sowing their buying appetite on sector-wise issues amid ongoing earnings declaration. Following the previous d...

Beximco Pharma to acquire eight ANDAs from Sandoz Inc

FE Desk Report February 20, 2019 10:24:57

Beximco Pharmaceuticals Limited on Tuesday announced the signing of a definitive agreement with Sandoz Inc., a division of Novartis, to acquire a portfolio of eight Abbreviated New Drug Applications (...

Top ten cos grab 37pc turnover

FE Report February 20, 2019 10:21:18

The United Power dominated the Dhaka bourse's turnover chart on Tuesday while ten most traded companies captured nearly 37 per cent of transactions. Market analysts said the investors continued to sh...

Stocks post marginal gain amid cautious trading

FE Online Report February 19, 2019 15:50:01

Daily trade turnover on prime bourse dipped below Tk 7.0-billion mark Tuesday after six weeks as most of the investors reluctant to make fresh investment in stocks. Turnover, a crucial indicator of t...

Asian shares flirt with four-month highs

-- February 19, 2019 14:24:52

Asian shares hovered near four-month highs on Tuesday as investors took heart from some progress in Sino-US trade talks, while the yen slipped as the Japanese central bank said it won’t rule out...

Southeast Asian stocks climb

-- February 19, 2019 13:09:07

Most Southeast Asian stock markets climbed on Tuesday, lifted by optimism that the United States and China might be inching towards a deal to resolve their nearly year-long trade dispute. The Malaysi...

Asian shares rise on hopes for progress on trade

-- February 19, 2019 13:01:24

Asian shares were mostly higher on Tuesday as Chinese and US officials prepare for trade talks in Washington this week. The Shanghai Composite index added 0.3 per cent to 2,762.73 in early trading,...

Stocks fall on selling binge

FE Online Report February 19, 2019 11:29:07

The prices of most of the shares on bourses witnessed downward trend in early hour of trading on Tuesday as investors continued their selling binge. Following the previous day’s sharp fall, the...

IDLC's performance highlights show resilience in 2018

FE Desk Report February 19, 2019 10:50:10

IDLC Finance's total loan book increased by 17.39 per cent and now stands at BDT 83.9 billion in 2018. NPLs reduced to 2.20 per cent from 2.77 per cent in the previous year, reflecting an improvement...

Public subscription of New Line Clothings opens

FE Online Report February 18, 2019 18:42:07

Public subscription New Line Clothings opened on Monday which will raise a fund worth Tk 300 million from the capital market under the fixed price method. The initial public offering (IPO) subscripti...

DSEX slumps to six-week low on selling binge

FE Online Report February 18, 2019 17:01:00

Stocks plummeted on Monday, after remaining positive in the past three sessions as risk-averse investors went on selling binge. Market analysts said cautious investors sold amid disappointing earning...

Guardian Life posts 300pc growth in two straight years

FE Report February 18, 2019 14:41:10

Guardian Life Insurance Limited, the fastest growing life insurance company in Bangladesh, saw over 300 per cent growth rate in the last two consecutive years -- 2016 and 2017. The country's leading...

Asia shares bounce on trade talk, stimulus wagers

-- February 18, 2019 11:42:47

Asian share markets bounced broadly on Monday as investors dared to hope for both progress at Sino-US trade talks in Washington this week and more policy stimulus from major central banks. MSCI&rsquo...

Bourses open downwards

FE Online Report February 18, 2019 11:29:18

The prices of most of the shares on both the bourses witnessed a downward trend in the early hour of trading on Monday as risk-averse investors were selling shares on sector-wise stocks. Following th...

IDLC Finance recommends 35pc dividend

FE Online Report February 18, 2019 11:00:56

The board of directors of IDLC Finance Ltd has recommended 35 per cent cash dividend for the year ended on December 31, 2018, said an official disclosure on Monday. The final approval of the dividend...

MBL businesses to grow more, two new subsidiaries in the offing

Special Correspondent February 18, 2019 10:45:06

Mercantile Bank Ltd (MBL) during the last three years witnessed a solid growth in all parameters of businesses due to concerted efforts, performed by a team of committed and dedicated professionals....

DSE for imposing lock-in on sponsors’ bonus shares

FE Report February 18, 2019 09:54:34

The Dhaka Stock Exchange (DSE) will sit with the securities regulator soon with a set of proposals to dig out the listed companies' wrongdoings that affect the interest of general investors. Before s...