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IDLC Finance recommends 35pc dividend

FE Online Report February 18, 2019 11:00:56

The board of directors of IDLC Finance Ltd has recommended 35 per cent cash dividend for the year ended on December 31, 2018, said an official disclosure on Monday. The final approval of the dividend...

MBL businesses to grow more, two new subsidiaries in the offing

Special Correspondent February 18, 2019 10:45:06

Mercantile Bank Ltd (MBL) during the last three years witnessed a solid growth in all parameters of businesses due to concerted efforts, performed by a team of committed and dedicated professionals....

DSE for imposing lock-in on sponsors’ bonus shares

FE Report February 18, 2019 09:54:34

The Dhaka Stock Exchange (DSE) will sit with the securities regulator soon with a set of proposals to dig out the listed companies' wrongdoings that affect the interest of general investors. Before s...

Stocks begin week on positive note

FE Online Report February 17, 2019 17:53:55

Stocks ended marginally higher on opening day of the week as some investors showed their buying appetite on sector specific shares. Market analysts said bargain hunters took position on stocks whic...

Stocks end in green amid low turnover

FE Online Report February 17, 2019 15:58:30

Stocks ended marginally higher amid low turnover on Sunday, opening day of the week, as some investors showed their buying appetite on sector specific shares. Market analysts said bargain hunters too...

JMI to sell 11.10m shares to NIPRO at Tk 164.10 each

FE Online Report February 17, 2019 12:23:29

JMI Syringes & Medical Devices has decided to sell per share at Tk 164.10 to NIPRO Corporation of Japan, including Tk 154.10 as a premium. The decision was taken at an extra-ordinary general meet...

Shasha Denims to acquire 80pc stakes in EOS Textile

FE Online Report February 17, 2019 12:19:09

Shasha Denims has decided to acquire 80 per cent stakes in EOS Textile Mills instead of earlier decision of 40 per cent shares at a value of US$ 12 million (Tk 1,014 million). EOS Textiles Mills, a 1...

Stocks rise in early trading; DSEX gets 26 points

FE Online Report February 17, 2019 11:48:55

The prices of most of the shares on bourses witnessed positive trend in early hour of trading on Sunday as investors are showing their buying spree. Following the previous week’s correction, th...

IPO subscription of New Line Clothings begins Monday

FE Report February 17, 2019 10:48:18

The subscription of initial public offering (IPO) of New Line Clothings will begin tomorrow (Monday). Through the IPO, the company will raise a fund worth Tk 300 million (30 crore) from the capital m...

Extended plant of GPH Ispat goes into production by June

Our Correspondent February 17, 2019 10:43:20

The extended plant of GPH Ispat is going into production with electric ark furnace quantum method (EAFQM) by June this year which will turn it into a reputed brand. This will enlighten the image of B...

Sensex posts longest losing streak in a year

-- February 16, 2019 14:06:11

Sensex posted its longest losing streak in a year, as it fell for seven days in a row to hit its lowest close in two weeks on Friday. According to The Economic Times report, the investors’ conf...

US stocks end higher amid trade optimism

-- February 16, 2019 13:49:21

Wall Street ended higher on Friday, as financial stocks outperformed and the market has built up hopes in the possibility of easing US-China trade tensions. The Dow Jones Industrial Average was up 44...

Weekly analysis: Major sectors lead stocks lower

Babul Barman February 16, 2019 10:52:41

Stocks continued to decline, extending their losing streak for a third straight week that ended on Thursday, as investors keep selling shares of major sectors. The week featured five trading days as...

Fortune Shoes shines with highest turnover

FE Report February 16, 2019 10:50:26

Fortune Shoes dominated the turnover chart of the Dhaka bourse last week that ended on Thursday while ten most traded companies accounted for nearly 28 per cent of the total transactions. Market anal...

HR Textile to issue corporate bond

FE Online Report February 15, 2019 12:39:42

The board of directors of HR Textile Limited has decided to issue a seven years non-convertible redeemable fixed rate corporate bond with face value of Tk 500 million. The company has decided to issu...

SE Asian stocks mostly dip as trade deficit widens

-- February 15, 2019 11:38:05

Most Southeast Asian stock markets slipped on Friday awaiting developments on the Sino-US negotiations, while Indonesian stocks dropped on disappointing trade data. Wall Street ended slightly lower,...

Fortune Shoes tops turnover chart for third straight day

FE Report February 15, 2019 10:47:48

Ten most traded companies grabbed more than 28 per cent of turnover of the Dhaka Stock Exchange (DSE) on Thursday, with Fortune Shoes remaining at the top of the chart for the third straight session....

Asian stocks fall after weak US data, crude oil buoyant

-- February 15, 2019 10:13:59

Asian stocks fell on Friday after weak US retail sales figures raised fresh doubts about the strength of the world’s largest economy, offsetting optimism towards trade talks between the United S...

Green Delta, InfoCorp join hands to facilitate livestock insurance

FE Report February 14, 2019 22:08:16

Green Delta Insurance Company in partnership with Singapore-based InfoCorp Technologies will conduct a pilot project to facilitate livestock insurance in the country. To this effect, both the compani...

European shares hit three-month highs

-- February 14, 2019 15:50:50

Optimism about US-China trade talks, strong results from Nestle, AstraZeneca and Airbus helped European shares extend their winning streak to hit their highest in three months on Thursday. The pan-Eu...

Stocks end nearly flat, turnover rises

FE Online Report February 14, 2019 15:41:16

Stocks managed to end higher on Thursday amid rising trading activities as investors were active both sides of trading fence. Market analysts said bargain hunters took position on stocks which suffer...

Asian shares edge down in cautious trading

-- February 14, 2019 12:41:06

Asian stocks were mostly lower on Thursday as China and the US kicked off two days of trade negotiations in Beijing. Regional indexes have advanced for three straight days on hopes that both sides wi...

Renata to set-up subsidiary in Ireland

FE Online Report February 14, 2019 12:13:58

The board of directors of Renata Limited has approved the plan to establish a subsidiary company in Ireland fulfilling the regulatory requirement to export in EU countries. Renata, a pharmaceutical a...

Stocks rise on buying spree

FE Online Report February 14, 2019 12:01:17

The prices of most of the shares on bourses witnessed positive trend in early hour of trading on Thursday as some investors are showing their buying spree. Following the previous day’s modest g...

BSEC fines company, two individuals Tk 23m

FE Report February 14, 2019 10:34:03

The securities regulator has imposed an aggregate amount of penalty -- Tk 23 million -- on a company and two individuals for their 'direct and indirect' involvement in the price hike of shares of a li...

Top ten cos account for 29pc turnover on DSE

FE Report February 14, 2019 10:32:33

Fortune Shoes dominated the turnover chart of the Dhaka bourse for the second straight session on Wednesday while ten most traded companies grabbed more than 29 per cent of total transactions. Market...

Stocks rebound after three days of losses

FE Online Report February 13, 2019 17:47:50

Stocks rebounded on Wednesday, snapping a three-day losing streak, as optimistic investors showed their buying appetite on large-cap shares. Market analysts said bargain hunters took position on lucr...

LankaBangla Finance recommends 15pc cash dividend

FE Online Report February 13, 2019 12:28:02

The board of directors of LankaBangla Finance has recommended 15 per cent cash dividend for the year ended on December 31, 2018, said an official disclosure on Wednesday. The final approval of divide...

DSE, CSE gain at opening

FE Online Report February 13, 2019 11:31:18

The prices of most of the shares on both the bourses witnessed an upward trend in the early hour of trading on Wednesday as some investors were showing their buying spree. Following the previous day&...

BSEC to scrap licences of errant market players

FE Report February 13, 2019 09:22:26

Bangladesh Securities and Exchange Commission (BSEC) will scrap licences of the errant merchant banks, brokerage houses and dealers, its Chairman Dr M Khairul Hossain reiterated the warning on Tuesday...