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The Financial Express

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Bourses keep gaining on buying spree

Bourses keep gaining on buying spree

FE ONLINE REPORT 2020-08-04 15:25:10

Stocks kept the winning streak for eighth straight sessions Tuesday as investors continued their buying binge on selective large-cap issues after unveiling an expansionary monetary policy. DSEX, the...

S. S. Steel to invest in Saleh Steel Industries

S. S. Steel to invest in Saleh Steel Industries

FE ONLINE REPORT 2020-08-04 12:28:22

The board of directors of S. S. Steel Ltd has decided to make equity investment in Saleh Steel Industries with a view to subscribe 99 per cent of its existing equity shares amounting Tk 247.50 million...

Bourses open on positive note Tuesday

Bourses open on positive note Tuesday

FE ONLINE REPORT 2020-08-04 11:43:39

The prices of most of the shares on bourses witnessed a positive trend in the early hour of trading Tuesday as optimistic investors continued their buying appetite on sector-wise issues. The presence...

Dr. Mahmuda Akter joins BICM as executive president

Dr. Mahmuda Akter joins BICM as executive president

FE ONLINE DESK 2020-08-03 17:17:28

Prof Dr. Mahmuda Akter, Department of Accounting and Information Systems, University of Dhaka, has taken charge of Bangladesh Institute of Capital Market (BICM) as executive president. She submitted...

Stocks stay afloat on buying spree

Stocks stay afloat on buying spree

FE ONLINE REPORT 2020-08-03 15:46:09

Stocks ended higher on Monday, the first session after Eid holiday, as investors continued their buying spree on large-cap issues after the central bank unveiled the expansionary monetary policy state...

Stocks open higher after Eid vacation

Stocks open higher after Eid vacation

FE ONLINE REPORT 2020-08-03 11:23:40

The prices of most of the shares on bourses witnessed an upward trend in early hours of trading Monday, after three-day Eid holidays, as investors are showing their buying appetite on sector-wise issu...

Union Capital downgraded to “Z” category

Union Capital downgraded to “Z” category

FE ONLINE REPORT 2020-08-03 10:57:51

Union Capital Limited has been placed in “Z” category from the existing “B” category with effect from tomorrow (Tuesday) as the company has recommended ‘no’ divid...

DSE, CSE trading resumes Monday

DSE, CSE trading resumes Monday

FE Online Report 2020-08-02 19:39:01

Trading and official activities on the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) will resume tomorrow (Monday) after three-day Eid holidays, officials said. The trading on the bo...

Pubali Bank approves 10pc cash dividend

Pubali Bank approves 10pc cash dividend

FE DESK REPORT 2020-07-31 09:47:41

The 37th Annual General Meeting (AGM) of Pubali Bank Limited was held at the bank's board room of the head office through digital platform on Thursday. M. Azizul Huq, Chairman of the board of director...

BSEC cancels IPO proposal of JMI Hospital

BSEC cancels IPO proposal of JMI Hospital

Mohammad Mufazzal 2020-07-31 09:43:18

The securities regulator has cancelled the IPO (initial public offering) proposal of JMI Hospital Requisite Manufacturing Ltd after finding a number of non-compliances including overstating the profit...

BB acts to bring infra firms in stock mkt

BB acts to bring infra firms in stock mkt

SIDDIQUE ISLAM 2020-07-31 09:14:44

The central bank has announced a guideline for attracting non-listed private infrastructure companies, in which commercial banks have equity exposure, to the capital market to help lower risks. Under...

IFIC Bank to further revise ratio for rights issuance

IFIC Bank to further revise ratio for rights issuance

FE ONLINE REPORT 2020-07-30 12:14:18

The board of directors of IFIC Bank Ltd has further decided to revise the ratio of right shares subject to the approval of the shareholders and the stock market regulator. The rights issue is an offe...

Bourses open higher as BB unveils MPS

Bourses open higher as BB unveils MPS

FE ONLINE REPORT 2020-07-30 12:11:34

Stocks witnessed a positive trend in early trading on Thursday as investors continued their appetite for sector-wise issues following the central bank’s expansionary monetary policy statement....

'IBBL to launch global standard FinTech banking'

'IBBL to launch global standard FinTech banking'

Siddique Islam 2020-07-30 10:45:33

Islami Bank Bangladesh Limited (IBBL) has planned to launch real time online investment banking riding on the latest financial technology (FinTech) by the end of this calendar year, the bank's top exe...

MPS for enhancing depth of stock mkt

MPS for enhancing depth of stock mkt

FE Report 2020-07-30 09:59:13

Bangladesh Bank (BB) has said coordinated initiatives should be taken to enhance the market capitalisation through the listing of companies having good fundamentals. The BB laid emphasis on listing o...

BSEC fines 3 listed cos, mkt operators Tk 248m

BSEC fines 3 listed cos, mkt operators Tk 248m

FE REPORT 2020-07-30 09:50:14

The securities regulator has taken stern actions against three listed companies and some market operators by imposing an aggregate amount of penalty worth around Tk 248 million for their unlawful acti...

DSE, CSE extend gaining streak

DSE, CSE extend gaining streak

FE Online Report 2020-07-29 17:35:14

Stocks kept the gaining for the fifth straight sessions on Wednesday as the bargain hunters continued their appetite on selective issues amid gradual improvement of economic activities. DSEX, the key...

Standard Insurance recommends 10pc cash dividend

Standard Insurance recommends 10pc cash dividend

FE ONLINE REPORT 2020-07-29 12:10:07

The board of directors of Standard Insurance Ltd has recommended 10 per cent cash dividend for the year ended on December 31, 2019. The final approval of the dividend will come during the annual gene...

Stocks rise ahead of Eid holidays

Stocks rise ahead of Eid holidays

FE ONLINE REPORT 2020-07-29 11:47:45

Stocks witnessed positive trend in early trading on Wednesday as a section of investors continued their appetite on sector-wise issues amid expectation of improving economic activities ahead of Eid...

Bata Shoe revenue dips

Bata Shoe revenue dips

FE REPORT 2020-07-29 10:03:01

Bata Shoe Company's revenue plunged drastically by 85 per cent year-on-year in April-June, 2020 quarter due to lower sales amid Covid-19 pandemic. The multinational company's revenue stood at only Tk...

Diversification of stock mkt: Alternative Trading Board to prop up confidence

Diversification of stock mkt: Alternative Trading Board to prop up confidence

FE DESK 2020-07-29 10:01:17

Stock market stakeholders have welcomed the establishment of an alternative trading board as an important addition to the securities market and urged to develop the market to accommodate different inv...

Berger Paints Bangladesh declares 295pc cash dividend

Berger Paints Bangladesh declares 295pc cash dividend

FE DESK REPORT 2020-07-29 09:59:09

Rupali Chowdhury presided over the 47th AGM of Berger Paints Bangladesh Limited on Tuesday. Chairman of the Board Gerald K ADams along with other directors Anil Bhalla, Jean-Claude Loutreuil, Anis A....

Alternative Trading Board to prop up confidence

Alternative Trading Board to prop up confidence

FE Online Desk 2020-07-28 18:20:44

Stock market stakeholders have welcomed the establishment of an alternative trading board as an important addition to the securities market and urged to develop the market to accommodate different inv...

Stocks stay afloat amid optimism

Stocks stay afloat amid optimism

FE ONLINE REPORT 2020-07-28 15:33:26

Stocks kept the gaining streak for the fourth straight sessions on Tuesday as the optimistic investors continued their buying interest on selective large-cap issues amid optimism. DSEX, the key index...

Bourses witness positive trend at opening

Bourses witness positive trend at opening

FE ONLINE REPORT 2020-07-28 11:28:24

Stocks witnessed an upward trend in early trading on Tuesday as optimistic investors continued buying shares on the expectation of improving economic activities. Within 30 minutes of trading, DSEX ad...

Reckitt Benckiser's profit jumps 53pc in Q2

Reckitt Benckiser's profit jumps 53pc in Q2

FE REPORT 2020-07-28 10:04:46

Reckitt Benckiser Bangladesh's profit after tax jumped more than 53 per cent in April-June, 2020 quarter due to strong revenue growth driven by increased demand of personal hygiene products during p...

IPDC's net profit after tax rises in the first half of the year

IPDC's net profit after tax rises in the first half of the year

FE DESK REPORT 2020-07-28 09:55:10

After setting aside adequate provisioning due to difficult times ahead, IPDC Finance registered a net profit after tax of Tk. 316 million in the first half of the year 2020, which is one per cent high...

Stocks keep gaining amid optimism

Stocks keep gaining amid optimism

FE ONLINE REPORT 2020-07-27 15:26:16

Stocks kept the gaining streak for the two consecutive sessions on Monday as the buoyant investors continued their appetite on large-cap issues amid optimism. DSEX, the key index of the Dhaka Stock...

Stocks witness positive trend at open

Stocks witness positive trend at open

FE ONLINE REPORT 2020-07-27 11:47:59

Stocks witnessed a positive trend in the early trading on Monday as optimistic investors continued buying shares in the hope of improvement in economic activities. Within 30 minutes of trading, DSEX,...

National Housing holds 218th board meeting

National Housing holds 218th board meeting

FE DESK REPORT 2020-07-27 10:01:39

The 218th Board of Directors Meeting of National Housing Finance and Investments Limited was held on Thursday through virtual platform, said a statement. The Board of Directors reviewed and approved...