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The Financial Express

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Casino firm shares slump on money laundering claim

Casino firm shares slump on money laundering claim

-- 2021-10-11 11:43:36

Shares in Australian gambling giant Star Entertainment have slumped after allegations that it enabled illegal activity at its casinos for years. A joint report by three news outlets implicate...

Subscription of ACME Pesticides begins Oct 12

Subscription of ACME Pesticides begins Oct 12

FE REPORT 2021-10-10 09:06:37

IPO (initial public offering) subscription of ACME Pesticides will commence on October 12 (Tuesday) to raise Tk 300 million under fixed price method. According to information of Dhaka Stock Exchange...

Meghna Bank to raise Tk 1.50b through IPO

Meghna Bank to raise Tk 1.50b through IPO

Siddique Islam 2021-10-10 09:04:33

Meghna Bank Limited is diversifying its investment portfolios with focus on retail and small and medium enterprises (SME) business to minimize risk, the bank's top executive has said. Under the pla...

BSEC chief guns for Tk 1.5tr MF market

BSEC chief guns for Tk 1.5tr MF market

FE REPORT 2021-10-10 08:57:20

BSEC chairman Prof. Shibli Rubayat Ul Islam on Saturday stressed the need for increasing the size of mutual funds (MFs) and improving the performance of fund managers to help achieve desired grow of t...

Insurers benefiting from reforms, Sena Kalyan Insurance CEO tell FE

Insurers benefiting from reforms, Sena Kalyan Insurance CEO tell FE

ISMAIL HOSSAIN 2021-10-09 11:54:25

The country's insurance sector had gone through intensive reforms during the last half a decade and the efforts paid off remarkably, said Sena Kalyan Insurance Chief Executive Officer (CEO) Brig Gen...

Tax receipts from DSE jumps 85pc in Jul-Sept

Tax receipts from DSE jumps 85pc in Jul-Sept

BABUL BARMAN 2021-10-08 09:15:05

The government's revenue earnings from Dhaka Stock Exchange (DSE) marked a whopping 85 per cent rise in the first quarter (Q1) of the current fiscal year, compared to the same period of the previous...

Stock market investors' large-scale role comes into focus

Stock market investors' large-scale role comes into focus

FE REPORT 2021-10-08 09:11:04

The discussants at a webinar on Thursday focused on stakeholders' large-scale involvement to enhance investors' awareness along with reducing malpractices on the country's stock market. The Central D...

Stocks slip into red after two-day modest gain

Stocks slip into red after two-day modest gain

FE ONLINE REPORT 2021-10-07 15:33:46

Stocks slipped into the red on Thursday, despite most of the issues closed positive, as investors opted for booking on selective large-cap shares. The market opened on a positive note and the key ind...

Bourses witness mixed trend in early trading

Bourses witness mixed trend in early trading

FE ONLINE REPORT 2021-10-07 11:38:21

Stocks witnessed a mixed trend in the early hours of trading on Thursday as investors remained active on both sides of the trading fence ahead of corporate declarations. Following the previous day&rs...

Power, pharma issues steer stocks

Power, pharma issues steer stocks

FE REPORT 2021-10-07 09:15:09

Stocks ended marginally higher on Wednesday, after choppy trading, as investors showed buying interest on power and pharma issues ahead of corporate declarations. The market opened on a sharp rise an...

'Stock market needs diversified products'

'Stock market needs diversified products'

FE REPORT 2021-10-07 09:13:35

Bangladesh Securities and Exchange Commission (BSEC) has underscored the need for bringing diversified products to enhance the country's capital market strength. "Our capital market is 85 per cent eq...

Applications for Beximco sukuk exceed 56pc of public offering

Applications for Beximco sukuk exceed 56pc of public offering

-- 2021-10-06 21:24:44

Investors have applied for Tk 4.22 billion worth of Beximco Limited’s sukuk, a Shariah-compliant debt instrument, through the company’s initial public offering. Bangladesh Securities and...

Stocks edge higher after a choppy trading

Stocks edge higher after a choppy trading

FE ONLINE REPORT 2021-10-06 17:12:21

Stocks ended marginally higher on Wednesday after choppy trading as investors were active on both sides of the trading fence ahead of corporate declarations. The market opened on a sharp rise and the...

DSE, CSE open sharply higher

DSE, CSE open sharply higher

FE ONLINE REPORT 2021-10-06 10:59:32

Stocks opened sharply higher on Wednesday as the buoyant investors were seen putting fresh bets on June-closing stocks, particularly on power and pharma sector issues. After witnessing high volatilit...

Low institutional presence in turnover 'basic defect': Salman Rahman

Low institutional presence in turnover 'basic defect': Salman Rahman

FE REPORT 2021-10-06 09:31:00

Low presence of institutional or professional investors in daily turnover is 'a basic structural defect' of the capital market, said Salman F Rahman on Tuesday. In a vibrant and matured stock market,...

Price surge of two large-cap stocks draws DSE notice

Price surge of two large-cap stocks draws DSE notice

FE REPORT 2021-10-06 09:17:40

Two large-cap stocks from Beximco and LafargeHolcim are witnessing an unprecedented price surge and increased volume of trading in recent times, inviting the Dhaka Stock Exchange (DSE) notice for expl...

Stocks end flat after high volatility

Stocks end flat after high volatility

FE ONLINE REPORT 2021-10-05 16:13:02

Dhaka stocks ended almost flat on Tuesday after high volatility as investors were active on both sides of the trading fence ahead of corporate declarations of listed companies. The market opened on a...

Shurwid price wobbles after BSEC's case filing news

Shurwid price wobbles after BSEC's case filing news

FE REPORT 2021-10-05 10:22:40

Shurwid Industries' stocks tumbled on Monday, a day after the securities regulator has decided to file a case against its board of directors for recommending dividends for the fiscal year 2018-19 in a...

Stocks tumble despite blue-chips boost

Stocks tumble despite blue-chips boost

FE ONLINE REPORT 2021-10-04 17:37:01

The prime index of Dhaka Stock Exchange (DSE) dropped on Monday, snapping a five-day winning streak, despite a rise in prices of blue-chip stocks amid increased purchase by institutional investors. D...

Stocks open higher as large-caps surge

Stocks open higher as large-caps surge

FE ONLINE REPORT 2021-10-04 10:55:43

Stocks opened higher on Monday as buoyant investors were showing their buying appetite on large-cap issues amid increased optimism. Following the previous five sessions’ rising trend, DSEX, the...

BSEC approves Tk 150m IPO of BD Thai Food & Beverage

BSEC approves Tk 150m IPO of BD Thai Food & Beverage

FE ONLINE REPORT 2021-10-03 21:19:38

The securities regulator has approved the initial public offering (IPO) proposal of BD Thai Food & Beverage Ltd to raise a capital worth Tk 150 million from the capital market. The Bangladesh Sec...

Stocks keep rising to hit new peaks

Stocks keep rising to hit new peaks

FE ONLINE REPORT 2021-10-03 16:01:08

Stocks extended the winning with three indices of the Dhaka Stock Exchange (DSEX) hit new highs on Sunday, despite most of the issues lost prices. The market opened on a positive note and an upbeat t...

Stocks open month on high note

Stocks open month on high note

FE ONLINE REPORT 2021-10-03 11:04:29

Stocks open higher on Sunday, the first trading session of October month, thanks to increased optimism among investors. Following the previous four sessions’ rising trend, DSEX, the prime index...

Sena Kalyan Insurance's IPO subscription begins today

Sena Kalyan Insurance's IPO subscription begins today

FE REPORT 2021-10-03 09:16:31

The initial public offering (IPO) subscription of Sena Kalyan Insurance begins today (Sunday), aiming to raise Tk 160 million from the capital market. The IPO subscription of the general insurer, a...

Dhaka Stock Exchange index jumps over 35pc in nine months

Dhaka Stock Exchange index jumps over 35pc in nine months

FE REPORT 2021-10-03 08:44:57

The benchmark index of Dhaka Stock Exchange (DSE) posted over 35 per cent gain in the first nine months of this year as institutional investors have put fresh funds on large-cap stocks. The key DSE...

Stocks stay afloat to scale new peaks

Stocks stay afloat to scale new peaks

BABUL BARMAN 2021-10-02 10:43:40

Stocks extended a winning streak in the outgoing week to scale fresh peaks, with investors renewing their appetite for shares in the cement, power and financial-institution sectors. Week on week, the...

Zoom, Five9 to terminate nearly $15b all-stock deal

Zoom, Five9 to terminate nearly $15b all-stock deal

-- 2021-10-02 09:10:47

Five9 shareholders voted down the call centre software firm's $14.7 billion sale to Zoom Video Communications on Thursday, a major blow to Zoom's plan to expand its offerings following its pandemic bo...

DSE SME Platform begins operation

DSE SME Platform begins operation

FE REPORT 2021-10-01 11:17:47

Share trading on the DSE SME Platform started on Thursday, creating an opportunity for small and medium enterprises (SMEs) to raise capital from the stock market. Initially, trading on the Dhaka Stoc...

Stocks extend rally to set at new highs

Stocks extend rally to set at new highs

FE ONLINE REPORT  2021-09-30 16:09:09

Stocks extended the rally for the fourth straight session to hit new highs on Thursday thanks to the increased optimism among investors. The market opened on a positive note and the trend continued...

Six firms make debut on DSE SME Platform today

Six firms make debut on DSE SME Platform today

FE REPORT 2021-09-30 11:18:25

Six small and medium enterprises (SMEs) will make share trading debut on the DSE SME Platform today (Thursday), after two and a half years of its inauguration. Of the six companies, two are newly lis...