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BBS Cables, Olympic Industries dominate weekly turnover chart

FE Report January 13, 2019 10:39:28

Top 10 turnover leaders featured a total transaction of above Tk 9.0 billion, snaring 18.28 per cent in last week on Dhaka Stock Exchange (DSE). The premier bourse featured a turnover of above Tk 49....

Meghna Petroleum approves 140pc cash dividend

Our Correspondent January 13, 2019 10:27:24

CHATTOGRAM: Meghna Petroleum Ltd has approved 140 per cent cash dividend for the fiscal year (FY) 2017-18 at the company's 40th annual general meeting here on Saturday. The company’s Chairman a...

United Power Generation witnesses steady growth

Mohammad Mufazzal January 13, 2019 10:22:12

United Power Generation & Distribution Company (UPGDC) posted a steady growth in dividend disbursement in last few years. During the period, the company's earnings per share (EPS) also rose moder...

China stock market inflows could double in 2019

-- January 12, 2019 16:36:45

The inclusion of Chinese A-shares in global stock indexes could see foreign inflows into China’s stock market double in 2019, the Shanghai Securities News quoted a top Chinese securities regulat...

Capital Market Expo begins Feb 28

FE Online Report January 12, 2019 14:06:39

Bangladesh Capital Market Expo, a fair on capital market, will start on February 28 next. The fair will be continued till March 2 at Shilpakala Academy in the capital Dhaka, according to a release....

NSE Chairman Ashok Chawla resigns

-- January 12, 2019 12:41:36

Chairman of National Stock Exchange (NSE) Ashok Chawla has resigned from his post, hours after the CBI said federal government has granted it sanction to prosecute him in the Aircel-Maxis case, offici...

Global stocks near flat

-- January 12, 2019 12:26:05

Global stocks were near flat on Friday while the dollar rebounded against most currencies from earlier losses tied to expectations the US central bank is in no hurry to raise interest rates. US stoc...

US stocks dip slightly ahead of earnings

-- January 12, 2019 10:55:27

US stocks dipped slightly on Friday, breaking a five-session rally, as investors looked ahead to earnings season, which kicks off next week with Citigroup, JPMorgan and other big banks. Underpinned b...

Weekly analysis: Stocks keep marching higher

Babul Barman January 12, 2019 10:40:24

Stocks witnessed yet another bullish week that ended on Thursday, as enthusiastic investors continued to pour money into stocks amid improved market sentiment. On a week-on-week basis, DSEX, the prim...

Runner Automobile IPO opens Jan 31

FE Report January 12, 2019 10:37:32

The initial public offering (IPO) of Runner Automo-biles will open for subscription on January 31, seeking to raise Tk 1.0 billion from the capital market under the book-building method. The last dat...

Indian shares subdue ahead of Infosys results

-- January 11, 2019 13:15:02

Indian shares were little changed on Friday, as investors awaited technology giant Infosys Ltd’s results for clarity after rival Tata Consultancy Services’ quarterly margins contracted. T...

Asia stocks reach five-week high

-- January 11, 2019 11:40:14

Asian stocks inched up to five-week highs on Friday, after Chairman Jerome Powell reiterated the Federal Reserve will be patient about raising interest rates and news that trade talks between Washingt...

17 companies end up in 'Z' category in two years

Mohammad Mufazzal January 11, 2019 10:38:12

A total of 17 listed companies were downgraded to 'Z' category, meant for worst-performing enterprises, in the last two years. They were downgraded from the best- and medium-performing categories for...

JMI Syringes tops DSE turnover chart

FE Report January 11, 2019 10:35:40

The ten most traded companies grabbed 20 per cent of the transactions on the Dhaka bourse on Thursday, with JMI Syringes & Medical Devices leading the turnover chart. Market insiders said the inv...

Bourses end flat after bumpy ride

FE Online Report January 10, 2019 15:32:56

Stocks ended almost flat Thursday after volatile trading as investors were active both sides of trading fence. Market analysts said risk-averse investors booked quick-profit on stocks which saw sharp...

SE Asia stocks climb in cautious trading

-- January 10, 2019 12:06:08

Southeast Asian stock markets climbed on Thursday, while investors kept a cautious stance awaiting concrete evidence that progress is being made in the US-China trade negotiations. Singapore shares e...

Asia shares check rally on US-China trade talks

-- January 10, 2019 11:38:08

Asian shares took a breather on Thursday after an extended rally, as markets awaited more news on US-China trade talks that have raised hopes of a deal to avert an all-out trade war between the econom...

DSEX crosses 5,800-mark in early trading

FE Online Report January 10, 2019 11:14:22

Stocks witnessed upward trend in early hour of trading on Thursday as some investors continued their buying spree on sector-wise issues. Following the previous day’s rise, the Dhaka Stock Excha...

Stocks keep gaining on buying spree

FE Online Report January 09, 2019 15:26:58

Stocks maintained the gaining streak Wednesday as investors continued to show their buying spree on sector-wise issues. The market opened on upward trend and key index crossed the 5,800-mark twice in...

SE Asian stocks rise on trade talk hopes

-- January 09, 2019 12:48:49

Southeast Asian stocks rose on Wednesday as further headway in US-China trade talks increased chances of the two nations striking a deal to end the long-drawn confrontation. US and Chinese officials...

Asian shares soar on US-China trade optimism

-- January 09, 2019 12:01:23

Asian shares extended gains on Wednesday on hopes for progress in resolving the tariffs battle between the US and China as talks appeared to have been extended in Beijing. Japan’s Nikkei 225 in...

BBS Cables to increase 37pc production capacity

FE Online Report January 09, 2019 11:46:29

BBS Cables Ltd has planned to increase 37 per cent production capacity as it imported capital machineries by utilizing IPO proceeds. The cable manufacturer raised Tk 200 million from the public by is...

Stocks open higher as bullish trend continues

FE Online Report January 09, 2019 11:40:00

The prices of most of the shares witnessed upward trend in early hour of trading on Wednesday as investors are active on sector-wise issues amid growing confidence. Market analysts said the investors...

BSEC approves CAPIEC Unit Fund prospectus

FE Report January 09, 2019 11:02:01

The securities regulator has approved the draft prospectus of CAPIEC Popular Life P.F. Unit Fund. The approval came Tuesday at a meeting held at the office of the Bangladesh Securities and Exchange C...

Amazon world's most valuable public company

-- January 08, 2019 18:31:56

Amazon, formed 25 years ago, has eclipsed Microsoft to become the world's most valuable listed company. The online giant was worth $797 billion when the US stock market closed on Monday after rising...

DSEX exceeds 5700-mark after eight months

FE Online Report January 08, 2019 16:31:16

The prime index of the major bourse crossed the 5,700-mark after eight months as investors took fresh stakes on stocks amid optimism. Market analysts said spontaneous participation backed by hopes an...

European shares hit three-week high on trade hopes

-- January 08, 2019 15:52:31

European shares hit a three-week high on Tuesday as hopes of a possible trade deal between China and the US offset worries over global growth and Italian banks rose after Rome moved in support of trou...

Dhaka bourse sees sharp rise in early trading

FE Online Report January 08, 2019 13:03:38

The Dhaka bourse witnessed another sharp rise in the early trading on Tuesday as majority number of securities went green after a moderate correction observed on previous session. The Dhaka Stock Exc...

Hopes for Sino-US deal prop up Asian shares

-- January 08, 2019 11:30:17

Most Asian shares were propped up on Tuesday by hopes that Washington and Beijing may be inching towards a trade deal and that US Federal Reserve would halt its tightening if economic growth slows fur...

Western Marine obtains UAE orders for two oil tankers

Our Correspondent January 08, 2019 10:17:29

The Western Marine Shipyard Ltd has secured orders for building two oil tankers for Al Rashid Shipping Ltd, a UAE-based shipping company. The oil tankers will have 6500 DWT (dead weight tonnage) carry...