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The Financial Express

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Stocks soar beating strict lockdown worries

Stocks soar beating strict lockdown worries

FE Online Report 2021-04-13 16:35:18

Stocks soared on Tuesday, defeating worries of the seven-day strict-lockdown, as bargain hunters continued to put fresh bets on low-priced lucrative issues. The stock market will remain shut during...

Eastern Bank declares 17.50pc cash, 17.50pc stock dividend

Eastern Bank declares 17.50pc cash, 17.50pc stock dividend

FE ONLINE REPORT 2021-04-13 12:22:07

The board of directors of Eastern Bank has recommended 17.50 per cent cash and 17.50 per cent stock dividend for the year ended on December 31, 2020. The final approval of the dividend will come duri...

CSE extends timeframe for applying for new TREC licence until May 30

CSE extends timeframe for applying for new TREC licence until May 30

FE REPORT 2021-04-13 12:17:46

The Chittagong Stock Exchange (CSE) has extended the timeframe for applying for new TREC licence from the port city's bourse by one and half months until May 30. The board of directors of CSE has d...

Stocks slide at opening as market to remain closed during lockdown

Stocks slide at opening as market to remain closed during lockdown

FE ONLINE REPORT 2021-04-13 11:08:50

Stocks opened marginally lower on Tuesday after witnessing a modest rise the previous day riding on the news of stock market closure during the forthcoming lockdown. Trading and settlement activities...

Pubali Bank declares 12.50pc cash dividend for 2020

Pubali Bank declares 12.50pc cash dividend for 2020

FE Online Report 2021-04-13 10:34:43

The board of directors of Pubali Bank has recommended 12.50 per cent cash dividend for the year ended on December 31, 2020. The final approval of the dividend will come during the annual general meet...

Brac Bank declares 10pc cash, 5.0pc stock dividend

Brac Bank declares 10pc cash, 5.0pc stock dividend

FE ONLINE REPORT 2021-04-13 10:34:20

The board of directors of Brac Bank has recommended 10 per cent cash and 5.0 per cent stock dividend for the year ended on December 31, 2020. The final approval of the dividend will come during the a...

Asian markets cautious ahead of US earnings and inflation data

Asian markets cautious ahead of US earnings and inflation data

Reuters 2021-04-13 08:18:56

Asia share markets were cautious on Tuesday after US markets weakened as investors anticipated the start of corporate earnings seasons and the release of key inflation data to indicate how the global...

Stocks rise at opening on bargain hunting

Stocks rise at opening on bargain hunting

FE ONLINE REPORT 2021-04-12 11:01:32

Stocks witnessed an upward trend on Monday after a sharp fall in the past two days as bargain hunters were mostly active on sector-wise lucrative issues. Meanwhile, the bourses have extended the trad...

Bourses extend trading time by 30 minutes to 12:30 pm

Bourses extend trading time by 30 minutes to 12:30 pm

FE ONLINE REPORT 2021-04-12 10:33:21

The Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) have extended the trading time by 30 minutes in line with the banking hours effective from today (Monday). Trading on the DSE an...

Islamic Finance declares 10pc cash dividend

Islamic Finance declares 10pc cash dividend

FE Online Report 2021-04-12 10:30:59

The board of directors of Islamic Finance & Investment has recommended a 10 per cent cash dividend for the year ended on December 31, 2020. The final approval of the dividend will come during the...

Microsoft in talks to buy AI firm Nuance Communications for 16b

Microsoft in talks to buy AI firm Nuance Communications for 16b

Reuters 2021-04-12 09:15:10

Microsoft Corp is in advanced talks to buy artificial intelligence and speech technology company Nuance Communications Inc at about $16 billion, according to a source familiar with the matter. The pr...

Linde Bangladesh declares 400pc cash dividend

Linde Bangladesh declares 400pc cash dividend

FE Online Report 2021-04-11 11:48:43

The board of directors of Linde Bangladesh has recommended a 400 per cent cash dividend for the year ended on December 31, 2020. The final approval of the dividend will come during the annual general...

Stocks open sharply lower

Stocks open sharply lower

FE ONLINE REPORT 2021-04-11 11:46:02

Stocks opened sharply lower on Sunday as risk-averse investors dumped their holdings following the strict lockdown news ahead and withdrawal of floor price restriction for 66 issues. The market fell...

Eastland Insurance recommends 10pc dividend

Eastland Insurance recommends 10pc dividend

FE Online Report 2021-04-11 11:36:46

The board of directors of Eastland Insurance Company has recommended 7.0 per cent cash and 3.0 per cent stock dividend for the year ended on December 31, 2020. The final approval of the dividend will...

Price erosion ceiling for 66 listed securities reduced

Price erosion ceiling for 66 listed securities reduced

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

The securities regulator has reduced the price erosion ceiling for 66 listed securities to avert the impact of their price fall on the benchmark index amid the ongoing lockdown. As per the regulatory...

Uttara Bank declares 12.5pc cash, 12.5pc stock dividend

Uttara Bank declares 12.5pc cash, 12.5pc stock dividend

FE Online Report 2021-04-11 10:56:10

The board of directors of Uttara Bank has recommended 12.50 per cent cash and 12.50 per cent stock dividend for the year ended on December 31, 2020. The final approval of the dividend will come durin...

Capital market to follow banking sector's ‘lead’ during lockdown, BSEC says

Capital market to follow banking sector's ‘lead’ during lockdown, BSEC says

-- 2021-04-10 18:40:11

The capital market will continue its operation in the interest of investors in any situation during the Covid-19 pandemic if the banking activities continue. The Bangladesh Securities and Exchange Co...

Investors keep faith in US value stocks as tech roars back

Investors keep faith in US value stocks as tech roars back

-- 2021-04-10 12:08:25

A rebound in growth and technology stocks has investors gauging whether a months-long rally in the shares of banks, energy companies and other economically sensitive names is running on empty or simpl...

Robi declares 3.0 per cent interim cash dividend

Robi declares 3.0 per cent interim cash dividend

-- 2021-04-10 11:21:37

Robi Axiata, the country's second largest telecom operator, has declared 3.0 per cent interim cash dividend for the year 2021. The company declared the interim cash dividend out of the retained earni...

S&P 500, Dow hit records

S&P 500, Dow hit records

Reuters 2021-04-10 08:59:16

The S&P 500 and the Dow rose on Friday to close at record highs, posting a third straight weekly rise partly on a lift from growth stocks, with a late-day rally building gains ahead of quarterly e...

Tax receipts from DSE jump 113pc in nine months

Tax receipts from DSE jump 113pc in nine months

Babul Barman 2021-04-09 17:19:11

The government's revenue earnings from the prime bourse marked a whopping 113 per cent rise in the first nine months of the current fiscal year (FY) compared to the same period of the previous fiscal....

A taxing question for multinationals leaves stocks unscathed

A taxing question for multinationals leaves stocks unscathed

-- 2021-04-09 14:09:01

A global minimum corporate tax rate could deal a major blow to the multinationals which some governments allege shift billions of dollars in profits every year to low-tax havens, as well as triggering...

Stocks snap three-day winning streak on ‘floor price’ lifting news

Stocks snap three-day winning streak on ‘floor price’ lifting news

FE ONLINE REPORT 2021-04-08 14:17:21

Stocks slumped on Thursday, snapping a three-day winning streak, as risk-averse investors dumped their holdings riding on the news that the securities regulator lifted the floor price of 66 companies....

Stocks slide at opening on floor price lifting news

Stocks slide at opening on floor price lifting news

FE ONLINE REPORT 2021-04-08 11:20:51

Stocks tumbled at the opening on Thursday, after a three-day gain, as cautious investors went for selling shares following the news that the securities regulator lifted the floor prices of 66 companie...

Floor prices of 66 issues lifted after one year

Floor prices of 66 issues lifted after one year

FE Report 2021-04-08 08:56:30

The securities regulator has lifted the floor prices of 66 listed securities to ease the transactions of their shares or units. The decision was taken on Wednesday at a meeting held at office of the...

BSEC approves green bond for first time in Bangladesh

BSEC approves green bond for first time in Bangladesh

-- 2021-04-07 21:46:40

Bangladesh Securities and Exchange Commission (BSEC) has allowed a non-governmental organisation to raise Tk 1.0 billion from the capital market by issuing green bonds for the first time in Bangladesh...

‘Green Bond’ to be launched in capital market soon

‘Green Bond’ to be launched in capital market soon

-- 2021-04-06 19:20:54

Bangladesh Securities and Exchange Commission (BSEC) Chairman Prof Shibli Rubaiyat-Ul Islam on Tuesday said that ‘Green Bond’ would be launched in the capital market for ensuring sustainab...

Tesla's value set to gain $50b on record EV deliveries

Tesla's value set to gain $50b on record EV deliveries

Reuters 2021-04-06 09:53:35

Tesla was set to add about $50 billion to its market value as the electric car-maker’s shares surged on Monday, after it posted record deliveries on strong demand in China that helped it offset...

Index Agro makes debut trading Wednesday

Index Agro makes debut trading Wednesday

-- 2021-04-06 09:18:56

Index Agro Industries will make its debut trading tomorrow (Wednesday) on completion of listing process, the officials said. The officials of Dhaka Stock Exchange (DSE) have confirmed the date of the...

Margin loan ceiling raised to curb free-fall of share prices

Margin loan ceiling raised to curb free-fall of share prices

FE REPORT 2021-04-05 09:02:09

The stock market regulator on Sunday increased the marginal loan limit for the investors to curb the free-fall of share prices. From now on, investors will be able to borrow more than before. The in...