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NZ  shares edge lower after gloomy economic forecasts

NZ shares edge lower after gloomy economic forecasts

-- 2017-12-21 11:33:07

New Zealand shares edged lower on Thursday after data showed that economic growth cooled. The benchmark S&P/NZX 50 index pulled back from a record high hit during the previous session, according...

US stocks edge lower after tax bill

US stocks edge lower after tax bill

-- 2017-12-21 10:46:13

US stocks ended slightly lower on Wednesday after both houses of Congress approved a long-anticipated tax overhaul. The Dow Jones Industrial Average fell 28.1 points, or 0.11 per cent, to 24,726.65,...

Asia stocks subdued after US tax overhaul

Asia stocks subdued after US tax overhaul

Reuters 2017-12-21 09:56:44

Asian markets offered a muted reaction on Thursday to the passage of US tax cuts as benefits to company bottom lines were already baked into stock prices, while bonds were spooked by the blowout in go...

Stocks witness  another bearish session

Stocks witness another bearish session

FE Online Report 2017-12-21 03:37:10

Stocks witnessed yet another bearish session Thursday with sluggish turnover value as investors were mostly cautious ahead of year-closing. Market insiders said retail investors remained cautious abo...

Yeakin Polymer downgraded to ‘B’ category

Yeakin Polymer downgraded to ‘B’ category

FE Online Report 2017-12-21 03:29:47

Yeakin Polymer Limited will be downgraded to ‘B’ category from existing ‘A’ category with effect from Sunday next as the company approved only 5.0 per cent stock dividend for t...

Asian share markets mixed

Asian share markets mixed

-- 2017-12-21 02:05:58

Asian share markets were mixed Thursday after the final congressional approval of a sweeping US tax revamp. Chinese markets advanced after leaders promised to increase imports and reduce risks in...

Nikkei share falls as banks falter

Nikkei share falls as banks falter

-- 2017-12-21 01:58:07

Japanese share ended lower on Thursday, dragged lower by weakness in banking shares though off earlier session lows. The Nikkei finished down 0.11 per cent, or 25.62 points, at 22,866.10. The broad...

HK shares rally with Asian peers

HK shares rally with Asian peers

-- 2017-12-21 01:52:33

Hong Kong stocks rose Asian peers on Thursday, on investor optimism over Beijing’s plans to deepen structural reforms and curb financial risks while maintaining steady economic growth in 2018....

China shares rise on economic optimism

China shares rise on economic optimism

-- 2017-12-21 01:46:03

China shares rose on Thursday, as investors were inspired by Beijing’s commitment to maintain steady economic growth next year while deepening structural reforms and curbing financial risks. At...

Deshbandhu Polymer holds 11th AGM, approves 10pc dividend

Deshbandhu Polymer holds 11th AGM, approves 10pc dividend

FE Online Desk 2017-12-21 01:18:57

Deshbandhu Polymer Limited has organised its 11th Annual General Meeting (AGM) at Charsindur in Narsingdi district. The AGM on Thursday approved 10 per cent stock dividend for the year ended on Jun...

IPDC's 'iridescence to widen financial inclusion'

IPDC's 'iridescence to widen financial inclusion'

Special Correspondent 2017-12-21 01:03:23

IPDC Finance Ltd has achieved resounding successes in all segments of its businesses in the outgoing calendar year and vows to perform better in the coming months with a re-branded image of the comp...

Bring good cos to enhance depth of capital market

Bring good cos to enhance depth of capital market

FE Report 2017-12-21 01:02:04

Discussants have stressed the need for proper utilisation of the country's capital market in country's industrialisation and infrastructure development. They also laid emphasis on listing of multin...

Indonesia retreats; Malaysia up

Indonesia retreats; Malaysia up

-- 2017-12-20 12:50:39

Southeast Asian shares were mixed on Wednesday. Indonesian stocks dropped 1.0 per cent after hitting an all-time high in the previous session, while Malaysian shares rose nearly 1.0 per cent. The Jak...

Hong Kong shares ease

Hong Kong shares ease

-- 2017-12-20 12:33:41

Hong Kong stocks eased on Wednesday amid thin year-end trading. The Hang Seng Index was down 0.04 per cent at 29,242.90, while Chinese H-shares listed in Hong Kong fell 0.16 per cent to 11,523.72, re...

Rupali Bank’s share price soaring sans PSI

Rupali Bank’s share price soaring sans PSI

FE Online Report 2017-12-20 12:31:53

Share price of Rupali Bank Limited is soaring despite there is no undisclosed price sensitive information (PSI). Within two trading sessions, the bank’s share price jumped more than 12 per ce...

China stocks steady in thin trading

China stocks steady in thin trading

-- 2017-12-20 12:15:34

China stocks were largely steady on Wednesday morning, as blue-chips firmed but small-caps dropped amid thin year-end trading. At 04:03 GMT, the Shanghai Composite index was down 1.31 points or 0....

NZ  shares hit record high

NZ shares hit record high

-- 2017-12-20 12:07:30

New Zealand shares hit a record high on Wednesday, helped by healthcare and utilities shares. The benchmark S&P/NZX 50 index hit its third record high in four consecutive sessions and was 0.1 p...

Australian shares drop off after 10-year high

Australian shares drop off after 10-year high

-- 2017-12-20 12:04:26

Australian shares eased back on Wednesday from the near 10-year high seen in the previous session, tracking a subdued Wall Street. The US House of Representatives initially passed the tax legislation...

DSEX dips below 6,200-mark

DSEX dips below 6,200-mark

FE Online Report 2017-12-20 12:00:00

Stocks slipped into the red on Wednesday, with core index of the major bourse dipping below the 6,200-mark, as risk-averse investors were on selling mood. Market insiders said small investors were ca...

Asian stocks mixed in listless trading

Asian stocks mixed in listless trading

-- 2017-12-20 11:49:13

Asian shares were mixed Wednesday in listless trading after US stocks ended marginally lower on Tuesday that reversed the recent gains over the Republican-backed US tax bill. Japan’s benchmar...

Stocks witness downturn

Stocks witness downturn

FE Online Report 2017-12-20 11:41:00

Stocks on both bourses witnessed downward trend in early hour of trading Wednesday as cautious investors are selling shares on sector-wise stocks ahead of year-closing. Following the previous two day...

BSEC approves new corporate governance guideline codes

BSEC approves new corporate governance guideline codes

FE Report 2017-12-20 11:10:31

The securities regulator has approved the proposal of rights shares to be issued by Alif Manufacturing Company which was known as CMC Kamal Textile Mills. The approval came at a meeting held at the o...

Japanese stocks slide

Japanese stocks slide

-- 2017-12-20 10:56:56

Japanese stocks slipped on Wednesday as construction shares continued to be battered amid a suspected bid-rigging scandal. Japan Display jumped on a media report the firm is discussing an investmen...

Nahee Aluminum to make debut Sunday

Nahee Aluminum to make debut Sunday

FE Report 2017-12-20 10:30:04

Nahee Aluminum Composite Panel is set to make its share trading debut on Sunday (December 24) on the bourses under "N" category, officials said. Nahee Aluminum will be the 36th listed company under t...

European markets open lower

European markets open lower

-- 2017-12-20 04:10:28

European shares slipped slightly at the opening session on Wednesday following a drop in the previous day when a sell-off on the bond market weighed and support from a tax reform in the US faded. Whi...

Mideast stocks mixed after Saudi budget

Mideast stocks mixed after Saudi budget

-- 2017-12-20 03:53:43

Mideast stocks were mixed on Wednesday after Saudi Arabia unveiled $261 billion state budget on Tuesday. Saudi Arabia’s stock market stalled in early trade today as cement shares ran into pr...

India's Sensex hits record; auto stocks rise

India's Sensex hits record; auto stocks rise

Reuters 2017-12-20 02:16:43

Indian shares hit record highs at the open on Wednesday, surpassing the previous milestone hit more than a month ago, as Prime Minister Narendra Modi’s electoral victories in key states continue...

S Korean shares edge lower

S Korean shares edge lower

-- 2017-12-20 01:04:00

South Korea’s KOSPI stock index weakened on Wednesday, while  the Korean won rose to a four-week closing high on the local platform while bond yields fell. At 06:33 GMT, the KOSPI was do...

Stocks advance as bank shares rally

Stocks advance as bank shares rally

FE Online Report 2017-12-19 11:42:46

The prices of most of the shares on both bourses witnessed upward trend Tuesday as optimistic investors remained active on banking sector shares ahead of year-closing. Following the previous day&rs...

Saudi stocks nearly flat

Saudi stocks nearly flat

-- 2017-12-19 04:12:05

Saudi Arabia’s stock market was flat in early trading on Tuesday, ahead the budget which will be announced after the market closes. Najran Cement gained 0.9 per cent as Northern Region cement s...