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BRAC Bank, Constellation AMC sign deal

FE Online Desk April 20, 2019 13:49:13

  BRAC Bank Limited and Constellation Asset Management Company Limited have signed a Custodial Service Agreement to manage the mutual fund titled “Constellation Unit Fund”.  ...

US stocks post mixed weekly results

-- April 20, 2019 13:38:36

US equities posted mixed results for the week as Wall Street digested more quarterly earnings reports as well as a surprising settlement between two tech giants. For the week, which was shortened due...

Weekly analysis: Stocks keep losing for 12 straight weeks

Babul Barman April 20, 2019 11:14:33

Stocks extended their losing streak for the 12 straight weeks that ended on Thursday as investors continued their selling binge to avoid further loss amid ongoing gloomy market. Market analysts cited...

Six cos recommend dividend last week

-- April 20, 2019 11:09:58

The board of directors of six more companies have recommended dividend up to 700 per cent for the year ended on December 31, 2018, last week. Reckitt Benckiser: The board of directors of Reckitt Benc...

Nikkei inches up; Nintendo jumps

-- April 19, 2019 13:05:23

Japan’s Nikkei rose on Friday morning as Wall Street gains raised risk appetite and lifted cyclical stocks, while Nintendo jumped after Tencent won approval to sell its Switch console in China....

Asian shares rise in quiet holiday trading

-- April 19, 2019 12:55:56

Asian shares rose moderately in quiet holiday trading on Good Friday as some markets were closed. Japan’s benchmark Nikkei 225 edged up 0.5 per cent in early trading to 22,191.98. South Korea&r...

DSE proposes ceiling on pre-IPO placement shares

Mohammad Mufazzal April 19, 2019 10:39:20

The country's premier bourse has made a set of proposals including a provision for putting a cap on issuing pre-IPO (initial public offering) placement shares to ensure discipline in the capital marke...

City Bank declares 11pc dividend

FE Report April 19, 2019 10:30:08

The board of directors of the City Bank has recommended 6.0 per cent cash and 5.0 per cent stock dividend for the year ended on December 31, 2018. The bank will hold its annual general meeting (AGM)...

SE Asian stocks mixed: Indonesia jumps

-- April 18, 2019 11:53:29

Southeast Asian were mixed on Thursday, while Indonesia jumps to near 14-month high after early elections results indicated incumbent President Joko Widodo is likely to be re-elected for a second term...

Asian shares fall after Wall Street’s slide

-- April 18, 2019 11:11:47

Asian shares fell Thursday after Wall Street declined despite encouraging Chinese economic data. Benchmarks in Shanghai, Tokyo, Seoul and Hong Kong all retreated. Sydney was little-changed. US stock...

Esquire price continues to decline

FE Report April 18, 2019 10:46:33

The share price of Esquire Knit Composite, which went public with premium, continues to decline and hovered below offer price within five days of debut trading. On Wednesday, the company's share pric...

Ins cos dominate top gainer’s chart

FE Report April 18, 2019 10:41:30

Insurance companies Wednesday dominated the chart of 10 gainers of the Dhaka Stock Exchange (DSE). Of top 10 gainers, seven came from insurance sector whose share prices rose ranging from 6.34 per ce...

Mideast stocks inch up; Qatar edge down

-- April 17, 2019 14:55:00

Mideast stock markets were mostly higher on Wednesday, while Qatar stocks edged down. Dubai stocks rose on Wednesday as real estate shares gained. The index was up 0.6 per cent as blue-chip developer...

SE Asian stocks rise; Malaysia falls

-- April 17, 2019 14:46:58

Most Southeast Asian stock markets rose on Wednesday after China reported better-than-expected economic growth, while Malaysian stocks fell to its lowest level in over two years. Singapore stocks led...

BGIC recommends 10pc dividend

FE Online Report April 17, 2019 14:19:43

The Board of Directors of Bangladesh General Insurance Company (BGIC) has recommended 10 per cent cash dividend for the year ended on December 31, 2018, said an official disclosure on Wednesday. The...

Bourses to remain closed Monday

FE Online Report April 17, 2019 14:15:17

The official activities of Dhaka Stock Exchange Limited (DSE) and Chittagong Stock Exchange Limited (CSE) will remain closed on Monday on the occasion of Holy Shab-e-Barat. According to the separate...

No TIN to open BO accounts

FE Report April 17, 2019 10:40:11

National Board of Revenue (NBR) chairman Md Mosharraf Hossain Bhuiyan said on Tuesday the taxpayers' identification number (TIN) will not be made mandatory for stock market investors to open beneficia...

Doreen Power acquires 99.90pc shares of Chandpur Power

FE Desk Report April 17, 2019 10:20:27

The board of Directors of Doreen Power Generations and Systems Limited in its board meeting held recently has decided to acquire 99.90 per cent shares of Chandpur Power Generations Limited. The compa...

SS Steel Limited included in DSEX

FE Desk Report April 17, 2019 10:16:44

SS Steel Limited has been included in DSEX, the core index of the prime bourse effective from April 23. The change was done in accordance with the DSE Bangladesh Index Methodology, designed and devel...

Stock market erosion persists

FE Report April 17, 2019 09:50:57

Turnover at the country's premier bourse plummeted to a 13-month low on Tuesday as many investors 'refrained' from taking part in transactions amid ongoing price correction. On the day, turnover at t...

Prime Bank to see ‘total change’ in two years

Ismail Hossain April 17, 2019 00:50:34

Prime Bank Limited will be a totally new and different bank within the next two years trailblazing innovative retail and wholesale products, new business model, and digital transformation, the bank'...

Paramount Insurance approves 5pc dividend

FE Online Desk April 16, 2019 12:50:28

The board of directors of Paramount Insurance Company Limited has approved 5.0 per cent stock dividend for the year ended on December 31, 2018. The final approval of dividend came during the 20th ann...

Dhaka bourse sees negative at opening

FE Online Report April 16, 2019 12:19:57

The Dhaka bourse opened the Tuesday’s session with a negative note and continued the declining trend for around one hour. Amid a free fall movement, the broad index of the Dhaka Stock Exchange...

MNCs show mixed trend in recommending dividend

FE Report April 16, 2019 10:26:58

The multinational companies (MNCs) listed with the stock exchanges have performed mixed in recommending dividend for the year ended on December 31, 2018. The amounts of dividends recommended by some...

DSE turnover dips below Tk 3.0b-mark again

FE Online Desk April 15, 2019 15:48:21

Stocks witnessed yet another bearish session on Monday with sluggish trading activities as worried investors sold shares, fearing further fall. At the end of the session, DSEX, the prime index of the...

Takaful Islami Ins recommends 11pc dividend

FE Online Report April 15, 2019 15:13:48

The Board of Directors of Takaful Islami Insurance Limited has recommended 5.0 per cent cash and 6.0 per cent stock dividend for the year ended on December 31, 2018. The final approval of dividend wi...

Pragati Ins recommends 20pc div

FE Online Report April 15, 2019 14:42:25

The board of directors of Pragati Insurance Limited has recommended 13 per cent cash and 7.0 per cent stock dividend for the year ended on December 31, 2018. The final approval of dividend will come...

Southeast Asian stocks edge higher

-- April 15, 2019 12:12:16

Most Southeast Asian stock markets edged higher on Monday as upbeat trade and credit data from China pointed to a healing economy amid concerns about global economic growth. Positive headlines on Sin...

Asian shares advance on trade hopes

-- April 15, 2019 11:36:51

Asian shares advanced Monday on signs that the US and China were closing in on a trade deal after months of negotiations. The Shanghai Composite index gained 1.7 per cent to 3,243.91. Japan's Nikkei...

Gulf bourses see mixed trend

-- April 14, 2019 20:22:33

Mideast stocks showed mixed trend at opening session on Sunday, the first trading day of the week, while Abu Dhabi stocks climbed over 2.0 per cent. Abu Dhabi stocks rallied as First Abu Dhabi Bank (...