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The Financial Express

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Stocks rebound on bargain hunting snapping previous day’s sharp fall

Stocks rebound on bargain hunting snapping previous day’s sharp fall

FE Online Report 2021-06-24 16:29:45

The market rebounded on Thursday, snapping the previous day’s sharp fall, as bargain hunters went on late hours buying spree on sector-specific stocks. However, daily trade turnover plunged to...

Stocks open on negative note amid lower turnover

Stocks open on negative note amid lower turnover

FE ONLINE REPORT 2021-06-24 10:56:55

Stocks opened marginally lower on Thursday as risk-averse investors went on selling shares amid rising virus cases and deaths in the country. Following the previous day’s sharp decline, the mar...

Pubali Bank’s Tk 5.0b perpetual bond: 10pc fund to be raised through public offer

Pubali Bank’s Tk 5.0b perpetual bond: 10pc fund to be raised through public offer

FE ONLINE REPORT 2021-06-24 10:22:50

The board of directors of Pubali Bank has now decided to issue Perpetual Bond worth Tk 5.0 billion in a revised manner in order to comply with the securities regulator’s latest directive. As pe...

BSEC initiates steps to make ailing companies viable

BSEC initiates steps to make ailing companies viable

MOHAMMAD MUFAZZAL 2021-06-24 09:56:16

The securities regulator has initiated a move to make the ailing listed companies, including state-owned ones, operationally sound and financially viable for the greater interest of the shareholders a...

Tk 30b Beximco Sukuk gets nod

Tk 30b Beximco Sukuk gets nod

FE REPORT 2021-06-24 09:49:34

The securities regulator has approved the proposal of issuing asset-backed Green-Sukuk bond worth Tk 30 billion by the BEXIMCO for the purpose of business expansion. The Bangladesh Securities and Exc...

DSEX dips below 6100-mark on selling spree

DSEX dips below 6100-mark on selling spree

FE ONLINE REPORT 2021-06-23 16:28:44

Stocks plunged on Wednesday as risk-averse investors opted for a quick profit on major sector issues amid the rising trend of virus infections and death in the country. Following the previous day&rsq...

Stocks open marginally higher with rising turnover

Stocks open marginally higher with rising turnover

FE ONLINE REPORT 2021-06-23 10:57:39

Stocks opened marginally higher on Wednesday as investors showed their buying spree on low-cap textile sector issues. Following the previous day’s marginal correction, the market opened on a po...

IPDC Finance to issue Tk 1.5b subordinated bond

IPDC Finance to issue Tk 1.5b subordinated bond

FE ONLINE REPORT 2021-06-23 10:49:59

The board of directors of IPDC Finance has decided to issue Tk 1.50 billion non-convertible unsecured coupon-bearing subordinated bond with six years tenure. The bond will be issued through private p...

Dhaka stocks open marginally lower

Dhaka stocks open marginally lower

FE ONLINE REPORT 2021-06-22 10:54:42

Dhaka stocks opened marginally lower on Tuesday, after hitting a 41-month high the previous day, as cautious investors kept booking some profit on quick-gaining issues. Following the previous day&rsq...

Rupali Bank declares 10pc stock dividend for 2020

Rupali Bank declares 10pc stock dividend for 2020

FE Online Report 2021-06-22 10:44:04

The board of directors of state-run Rupali Bank has recommended 10 per cent stock dividend for the year ended on December 31, 2020. The final approval of the dividend will come during the annual gene...

Prime Life Insurance declares ‘no’ dividend for first time after listing

Prime Life Insurance declares ‘no’ dividend for first time after listing

FE ONLINE REPORT 2021-06-22 10:02:57

The board of directors of Prime Islami Life Insurance has recommended ‘no’ dividend for the year ended on December 31, 2020. The life insurer declared ‘no’ dividend for the fi...

DSEX crosses 6,100-mark after 41 months

DSEX crosses 6,100-mark after 41 months

FE ONLINE REPORT 2021-06-21 16:34:07

The benchmark index of the Dhaka Stock Exchange (DSE) crossed the 6,100-point mark on Monday. DSEX, the prime index of the DSE, rose 56 points or 0.92 per cent to settle at 6,125. It was the highest...

DSEX exceeds 6100-mark at opening

DSEX exceeds 6100-mark at opening

FE ONLINE REPORT 2021-06-21 11:00:10

The market opened sharply higher on Monday with the key index of the Dhaka Stock Exchange (DSE) crossing the 6,100-mark in early trading as investors are showing buying spree on major sector issues....

GPH Ispat starts commercial production at new plant

GPH Ispat starts commercial production at new plant

FE ONLINE REPORT 2021-06-21 10:57:19

GPH Ispat, a listed steel manufacturing company, started commercial production at its new Tk 23.90 billion expansion plant on Monday. The company started commercial production using state-o...

IFIC Bank plans to raise Tk 10b through perpetual bonds

IFIC Bank plans to raise Tk 10b through perpetual bonds

-- 2021-06-20 17:59:08

International Finance Investment and Commerce (IFIC) Bank plans to issue Tk 10 billion worth of perpetual bonds to raise capital.Of the Tk 10 billion, Tk 9 billion will be sold through private placeme...

Stocks edge higher after bumpy ride

Stocks edge higher after bumpy ride

FE Online Report 2021-06-20 15:47:56

Stocks ended marginally higher on Sunday as investors remained following a cautious stance amid the rising trend of Covid-19 cases and withdrawal of floor price restriction. The market opened sharp...

Issuance of Bangladesh's 1st municipal bond being delayed

Issuance of Bangladesh's 1st municipal bond being delayed

MOHAMMAD MUFAZZAL 2021-06-20 15:41:35

The issuance of the country's first municipal bond still hangs in balance even though two key government agencies issued clearance in this regard nine months ago. Dhaka North City Corporation (DNCC)...

Stocks open marginally lower on profit booking

Stocks open marginally lower on profit booking

FE ONLINE REPORT 2021-06-20 10:48:36

The market opened marginally lower on Sunday as risk-averse investors booked some profit on quick-gaining stocks. Following the previous week’s correction, the market opened lower and the DSE...

IFIC Bank to raise Tk 10b through perpetual bond

IFIC Bank to raise Tk 10b through perpetual bond

FE Online Report 2021-06-20 10:35:20

The board of directors of IFIC Bank has decided to raise Tk 10 billion through issuance of perpetual bonds to boost the capital base of the bank. The bank will issue the bond for raising funds as add...

Bond market needs to be made 'visible': Salman Rahman

Bond market needs to be made 'visible': Salman Rahman

FE REPORT 2021-06-20 08:55:13

Mr Salman F Rahman, adviser to the prime minister on private industry and investment, on Saturday laid emphasis on making the country's bond market 'visible' to the investors. "The basic problem of t...

South Bangla Bank's IPO subscription begins July 5

South Bangla Bank's IPO subscription begins July 5

FE REPORT 2021-06-19 11:24:56

The initial public offering (IPO) subscription of South Bangla Agriculture & Commerce Bank (SBAC) will begin on 5 July, aiming to raise Tk 1.0 billion under the fixed price method. The private le...

Number of IPO applications for Sonali Life Ins falls drastically

Number of IPO applications for Sonali Life Ins falls drastically

FE REPORT 2021-06-19 10:48:40

The number of IPO applications for Sonali Life Insurance Company has dropped drastically in the newly introduced pro rata basis allotment. But the overall subscription in terms of amount was oversubsc...

Regulator lifts floor prices of all shares

Regulator lifts floor prices of all shares

FE REPORT 2021-06-18 08:35:06

The country's stock market has returned to standard price movement system, as the securities regulator has lifted floor prices of all listed securities, set earlier to contain abnormal price fall amid...

Stocks end week on flat note

Stocks end week on flat note

Stocks end week on flat note 2021-06-17 17:02:09

Stocks ended almost flat on Thursday, after remaining higher in the previous two days, as late hours selling pressure wiped out the early gains. The market opened on a positive note and the key index...

Stocks open marginally higher on investors' buying appetite

Stocks open marginally higher on investors' buying appetite

FE ONLINE REPORT 2021-06-17 11:00:41

The market opened marginally higher on Thursday as investors continued their buying appetite on sector-specific issues. Following the previous day’s modest gain, the market opened on a positi...

CSE revises Shariah Index

CSE revises Shariah Index

FE ONLINE REPORT 2021-06-17 10:44:38

The Chittagong Stock Exchange (CSE) has revised its Shariah Index on the basis of the performance of the CSE listed companies. After revision, 13 new companies have been included while eight companie...

Stocks ended marginally higher amid rising turnover

Stocks ended marginally higher amid rising turnover

FE Online Report 2021-06-16 16:22:41

Stocks ended marginally higher for the second straight sessions on Wednesday as investors continued their buying appetite on insurance sector issues. The market opened on a positive note which persis...

DSE halts Banco trading

DSE halts Banco trading

FE REPORT 2021-06-16 12:32:57

The Dhaka Stock Exchange (DSE) has suspended trading at Banco Securities, and filed a case against its owners over alleged embezzlement of clients' fund worth around Tk 660 million. The bourse has...

Stocks open higher amid cautious optimism

Stocks open higher amid cautious optimism

FE ONLINE REPORT 2021-06-16 11:18:51

The market opened sharply higher on Wednesday after the previous day’s marginal rise as investors are putting fresh bets on stocks, Following the previous day’s marginal gain, the marke...

Two banks, one NBFI to issue Tk 14b bonds

Two banks, one NBFI to issue Tk 14b bonds

FE ONLINE REPORT 2021-06-16 10:47:34

The boards of directors of three companies, including two banks, have decided to issue bonds worth Tk 14 billion. According to separate filings with the Dhaka Stock Exchange (DSE) on Wednesday, Natio...