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The Financial Express

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Dhaka stocks extend losses for third day

Dhaka stocks extend losses for third day

FE ONLINE REPORT 2020-07-15 15:39:35

Dhaka stocks extended the losing streak for the third straight session on Wednesday as cautious investors continued to opt some profits on major sectors’ issues amid the Covid-19 pandemic. The...

Four more listed companies recommend dividend

Four more listed companies recommend dividend

FE ONLINE REPORT 2020-07-15 11:48:27

Four more listed companies, including three insurers, have recommended dividends for the year ended on December 31, 2019, according to separate official disclosures on Wednesday. The companies are: P...

Stocks witness upturn in early session

Stocks witness upturn in early session

FE ONLINE REPORT 2020-07-15 11:30:47

Stocks witnessed positive trend in early trading on Wednesday as some investors are active on sector-wise large-cap issues. Within 30 minutes of trading, DSEX advanced more than 1.63 points while t...

GP declares 130pc interim cash dividend

GP declares 130pc interim cash dividend

FE ONLINE REPORT 2020-07-15 11:22:12

The board of directors Grameenphone (GP) has declared 130 per cent interim cash dividend for the year ending 2020, said an official disclosure on Wednesday. The largest market cap company declared...

DSE asks 15 firms to fulfill dearth of investors' funds by Thursday

DSE asks 15 firms to fulfill dearth of investors' funds by Thursday

MOHAMMAD MUFAZZAL 2020-07-15 10:00:02

The premier bourse has asked some 15 brokerage firms to fulfill the deficiency of investors' funds, found in their consolidated customers' accounts, by tomorrow (Thursday). After fulfilling the defic...

Stocks extend losses amid low turnover

Stocks extend losses amid low turnover

FE ONLINE REPORT 2020-07-14 15:31:17

Stocks extended the losing streak for the second day in a row on Tuesday as risk-averse investors opted for quick-profit on selective issues amid ongoing virus fears. DSEX, the key index of the Dhaka...

Stocks witness positive trend amid virus jitters

Stocks witness positive trend amid virus jitters

FE ONLINE REPORT 2020-07-14 11:28:56

Stocks witnessed positive trends in early trading on Tuesday as a section of investors showed their buying binge on selective large-cap issues. Within 30 minutes of trading, DSEX advanced more than 3...

No move for encouraging IPO floatation: DSE team detects management inefficiencies

No move for encouraging IPO floatation: DSE team detects management inefficiencies

Mohammad Mufazzal 2020-07-14 10:35:08

Dhaka Stock Exchange (DSE) has moved to review the performances of its staffs from top to bottom in the context of their respective salaries and benefits to ensure an efficient management reducing ope...

Express Insurance IPO lottery draw July 23

Express Insurance IPO lottery draw July 23

FE Online Report 2020-07-13 17:29:46

Express Insurance Ltd is set to hold IPO lottery draw on July 23, aiming to allocate 26.07 million ordinary shares among the successful applicants. The lottery draw will be held through digital platf...

DSE slips into red, snapping five-day winning streak

DSE slips into red, snapping five-day winning streak

FE ONLINE REPORT 2020-07-13 15:52:17

Stocks on Dhaka bourse slipped into the red on Monday, snapping a five-day winning streak, as risk-averse investors opted for quick-profit on selective issues amid ongoing Covid-19 pandemic. Followin...

Global shares near five-month peak as earnings season kicks off

Global shares near five-month peak as earnings season kicks off

REUTERS 2020-07-13 15:24:40

World shares were approaching a five-month peak and the dollar slipped on Monday as investors wagered the earnings season would see most companies beat forecasts given expectations had been lowered by...

Alibaba's Jack Ma sells $8.2 billion worth shares

Alibaba's Jack Ma sells $8.2 billion worth shares

Reuters 2020-07-13 15:15:17

Alibaba Group Holding Ltd co-founder Jack Ma has cut his stake in the company over the past year to 4.8 per cent from 6.2 per cent, cashing out around $8.2 billion at its current share price, the firm...

Asia Insurance declares 10pc cash dividend

Asia Insurance declares 10pc cash dividend

FE ONLINE REPORT 2020-07-13 11:57:07

The board of directors of Asia Insurance 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 general meet...

DSEX exceeds 4,100-mark in early trading

DSEX exceeds 4,100-mark in early trading

FE ONLINE REPORT 2020-07-13 11:22:50

Stocks witnessed positive trend in early trading on Monday with the key index of the prime bourse crossing the 4,100-mark as the buoyant investors continued their buying binge amid growing confidence....

'Innovation helps GP cushion Covid shock'

'Innovation helps GP cushion Covid shock'

ISMAIL HOSSAIN 2020-07-13 10:18:40

Top network operator Grameenphone has unleashed innovative solutions to fend off challenges posed by coronavirus pandemic, the company's top executive says. "This ongoing pandemic has created sever...

Aamra Networks to issue Tk 1.0b zero coupon bonds   

Aamra Networks to issue Tk 1.0b zero coupon bonds  

FE REPORT 2020-07-13 10:15:49

The board of directors of Aamra Networks Ltd has decided to issue non-convertible zero coupon bonds worth Tk 1.0 billion. The IT company will issue the bond at face value through private placement,...

Asian shares extend rally, US earnings to test optimism

Asian shares extend rally, US earnings to test optimism

REUTERS 2020-07-13 10:13:12

Asian shares crept toward five-month peaks on Monday as investors wagered the US earnings season would see most companies beat forecasts given expectations had been lowered so far by coronavirus lockd...

Reliance Ins approves 25pc cash dividend

Reliance Ins approves 25pc cash dividend

-- 2020-07-13 10:12:18

The 32nd Annual General Meeting of Reliance Insurance Limited was held on Sunday on digital platform. Mr. Habibullah Khan, Vice-Chairman of the Board of Directors presided over the meeting. The 32nd...

Regent Textile to extend IPO funds utilisation time further

Regent Textile to extend IPO funds utilisation time further

FE REPORT 2020-07-13 10:08:21

Regent Textile Mills Ltd has decided to revise and extend IPO funds utilisation and implementation time further as the company failed to utilise the funds fully within the stipulated timeframe. The...

Stocks stay afloat amid regulatory moves

Stocks stay afloat amid regulatory moves

FE ONLINE REPORT 2020-07-12 16:29:45

Stocks surged on Sunday, extending the winning streak for the fifth straight session, as the buoyant investors continued their buying spree at the lowest possible prices amid the floor price system....

Berger to launch expert sanitisation service

Berger to launch expert sanitisation service

FE ONLINE REPORT 2020-07-12 14:16:18

Berger Paints Bangladesh is planning to introduce Berger expert sanitisation service as part of its business diversification. The service is expected to be launched in the fourth week of July 2020, a...

Stocks open week on positive note

Stocks open week on positive note

FE ONLINE REPORT 2020-07-12 11:43:13

Stocks witnessed a positive trend in early trading on Sunday as a section of investors showed their appetite on sector-wise stocks despite ongoing Covid-19 pandemic. Within 30 minutes of trading, DSE...

Share price of Paramount Ins soaring sans PSI

Share price of Paramount Ins soaring sans PSI

FE REPORT 2020-07-11 10:06:34

The share price of Paramount Insurance Company is soaring without having any undisclosed price sensitive information. Within a week, the company's share price jumped more than 53 per cent or Tk 23 ea...

Weekly review: Stocks extend winning streak amid regulatory moves

Weekly review: Stocks extend winning streak amid regulatory moves

Babul Barman 2020-07-11 10:00:15

Stocks extended the winning streak for the third straight week that ended on Thursday as investors showed their appetite following the ultimatum for complying with minimum shareholding by the stock ma...

Yields on treasury bills fall in June   

Yields on treasury bills fall in June  

JASIM UDDIN HAROON 2020-07-11 09:35:06

The yields on treasury bills slid in June last over the same period of a year earlier, according to Bangladesh Bank data. The falling trend of the same was also continuing in this month of July amid...

Asian stocks fall on virus worry, China stock rally pauses

Asian stocks fall on virus worry, China stock rally pauses

REUTERS 2020-07-10 10:42:44

Asian shares and US stock futures fell on Friday as record-breaking new coronavirus cases in several US states stoked concerns that new lockdowns could derail an economic recovery, while investors loo...

Brokerage firms' mkt operations: Deficiencies found in many accounts

Brokerage firms' mkt operations: Deficiencies found in many accounts

FE Report 2020-07-10 09:48:21

The securities regulator and the premier bourse have strengthened monitoring over the brokerage firms' market operations to ensure the protection of investors' funds and shares. As part of the move...

Stocks keep gaining amid soaring turnover

Stocks keep gaining amid soaring turnover

FE ONLINE REPORT 2020-07-09 16:21:29

Stocks extended the winning streak for the four consecutive sessions on Thursday as the optimistic investors continued their appetite following the minimum shareholding ultimatum by the securities r...

Global stocks: China charges on, gold reaches nine-year high

Global stocks: China charges on, gold reaches nine-year high

REUTERS 2020-07-09 15:58:59

European shares were rising again after a two-day wobble on Thursday as China’s markets continued their charge, and something between fear and greed propelled gold to a nine-year high. Chinese...

Bata Shoe declares ‘no’ final dividend

Bata Shoe declares ‘no’ final dividend

FE ONLINE REPORT 2020-07-09 11:43:24

The board of directors of the Bata Shoe Company (Bangladesh) has recommended ‘no’ final dividend for the year ended on December 31, 2019 due to the worldwide as well as the countrywide shu...