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aamra for infrastructure development

FE Report October 25, 2018 10:40:23

aamra networks will utilise the unutilised IPO (initial public offering) fund for infrastructure development subject to approval from shareholders. The company has said in a disclosure that it's bo...

IPO subscription of S.S. Steel to begin Sunday

FE Report October 25, 2018 10:36:59

The public subscription of S.S. Steel Ltd will be opened on Sunday while IPO subscription of Genex Infosys will start on November 18. S.S. Steel: Initial public offering (IPO) subscription of S.S....

Tesla shares jump on higher production of Model 3

Reuters October 25, 2018 10:35:53

Tesla reported a net profit, positive cash flow, and wider-than-expected margins for the latest quarter on Wednesday, delivering on Chief Executive Elon Musk’s promise to turn the electric carma...

DSE shareholders to get six months from the date of SRO issuance

FE Report October 25, 2018 10:33:51

The shareholders of Dhaka Stock Exchange (DSE) have been informed of the procedure of investing their funds, received from Chinese consortium, in the capital market. The DSE Brokers Association of...

WMSL approves 20pc stock dividend

Our Correspondent October 25, 2018 10:27:17

Western Marine Shipyard Ltd has approved 20 per cent stock dividend for the shareholders in its annual general meeting for the year 2017-18. The 18th AGM of the WMSL was held at the Shaheen Golf an...

Stocks edge up amid low turnover

FE Online Report October 24, 2018 15:39:25

Stocks posted a marginal gain on Wednesday as some investors showed their buying appetite on sector-wise issues. Despite the market edged higher, turnover came down to Tk 3.68 billion on Dhaka Stoc...

Indian shares break four-day losing streak

-- October 24, 2018 13:54:12

Indian shares rose on Wednesday, snapping four straight sessions of fall, with the trading sentiment supported by a firmer rupee as oil prices plunged. A bird flies past the logo of National Stock...

Asian shares rebound on strong Japan factory data

-- October 24, 2018 13:46:44

Asian share markets have bounced back from their retreat after the report of strong preliminary manufacturing data in Japan. Japan’s Nikkei 225 index jumped 0.5 per cent to 22,130.30 as a pri...

Bourses eke out some gains at opening

FE Online Report October 24, 2018 11:41:53

The prices of most of the shares witnessed positive trend in early hour of trading Wednesday as investors are showing their buying appetite on sector specific issues. Following the recent steep fall,...

ICB, DSE shareholders to invest fresh funds soon

FE Report October 24, 2018 11:10:23

The state-run Investment Corporation of Bangladesh (ICB) and the Dhaka Stock Exchange (DSE) shareholders are set to invest their much-talked-about fresh funds in the capital market very soon. They...

Eight more cos recommend dividend up to 48pc

FE Online Report October 24, 2018 11:02:00

Eight more listed companies recommended dividend up to 48 per cent for the year ended on June 30, 2018, according to separate official disclosures on Wednesday. The companies which recommended divide...

ICB record date November 14

FE Desk Report October 24, 2018 10:53:48

The Board of ICB has recommended 30 per cent cash dividend and 5.0 per cent stock dividend for the year ended on June 30, 2018. The recommendation came at the 547th meeting of Board of Directors of I...

BSEC exempts United Energy from the compliance

FE Report October 24, 2018 10:50:38

The securities regulator has allowed United Energy Limited (UEL) to transfer its substantial amount of shares, held at two listed companies, in favour of another company floated under same ownership...

J&J makes $2.1b offer to buy out Ci:z

-- October 23, 2018 15:01:53

US healthcare conglomerate Johnson & Johnson said on Tuesday it is acquiring all outstanding shares of Japanese cosmetics firm Ci:z Holdings Co Ltd that it does not already own for 230 billion y...

Cautious investors pull down China stocks

-- October 23, 2018 13:51:45

China shares slipped on Tuesday as investor concerns about the economy and risks posed by shares pledged for loans continued to hamper sentiment. At midday, the Shanghai Composite index was down 1....

S Alam Group buys sponsor portion of Padma Islami Ins shares

FE Online Report October 23, 2018 13:25:14

Padma Islami Life Insurance has restructured its board following the transfer of 44.78 per cent shares by its former sponsor-directors to the sister concerns of S. Alam Group, the company officials sa...

Asian share markets retreat

-- October 23, 2018 11:32:12

Asian share markets retreated on Tuesday as worries about softening Chinese growth rattled investors, following a rally that was not picked up by Wall Street overnight. Japan's Nikkei 225 index gave...

Green Delta Capital reappoints MD

FE Report October 23, 2018 10:42:59

Mr. Md. Rafiqul Islam has been appointed as the Managing Director and CEO of Green Delta Capital Limited for the 2nd time which was approved by Bangladesh Securities & Exchange Commission (BSEC)...

PBOC injects $17.3b into market

-- October 22, 2018 13:30:59

The People's Bank of China (PBOC), the central bank of China, injected 120 billion yuan (about 17.3 billion US dollars) of funds into the market on Monday through reverse repos to maintain liquidity...

DSE gives up initial gains

FE Online Report October 22, 2018 13:15:35

Dhaka bourse displayed a moderate loss on Monday after a sharp of observed on Sunday. After two hour of the session, the DSE broad index DSEX declined 0.85 per cent or 45.55 points to stand at 5285...

Southeast Asian stock markets inch up

-- October 22, 2018 12:56:09

Most Southeast Asian stock markets edged higher on Monday as Chinese stocks extended gains from the previous session after Beijing's pledge to support the economy and tackle market volatility. MSCI's...

Asia shares pare losses as China rallies on stimulus hope

-- October 22, 2018 11:20:11

Asian share markets pared early losses on Monday as Chinese stocks swung higher for a second session and helped offset geopolitical concerns over Saudi Arabia, Italy and Brexit. Blue chips in Shangha...

Mixed performance of six mutual funds

FE Report October 22, 2018 10:54:50

Some six closed-end mutual funds (MFs) have exhibited mixed performance for July-September, 2018 compared to same period of the previous year. During July-September, 2018 the earnings per unit (EPU...

BSECL to make smart prepaid meters

FE Report October 22, 2018 10:51:26

A joint-venture smart prepayment meter-manufacturing firm-Bangladesh Smart Electrical Company Ltd (BSECL)-was established on Sunday. State-run West Zone Power Distribution Company Ltd (WZPDCL) and Ch...

DBBL opens Tier-4 Data Center

-- October 22, 2018 00:19:39

Dutch-Bangla Bank has inaugurated the most modern and state-of-the art Data Center which has been certified by epi as Rated-4 (Tier-4). This is the first and only Rated-4 (Tier-4) Data Center in Ban...

DSE opens mixed

FE Online Report October 21, 2018 12:21:41

The Dhaka Stock Exchange (DSE) was in a correction mood on Sunday morning as the major sectors performed mixed. DSEX, the broad index of the Dhaka bourse, stood at 5371.21 points with a loss of 0.19...

EPS of five companies up

FE Report October 21, 2018 10:45:45

Some eight listed companies have disclosed their un-audited financial statements in last week for July-September (Q3), 2018. The earnings per share (EPS) of five companies marginally rose for July-Se...

Number of BO accounts remains unchanged

FE Report October 21, 2018 10:19:15

The number of BO (Beneficiary Owner's) accounts remained almost static in last ten months due to reduced IPO (initial public offering) quota for general investors, stock brokers said. They said most...

With market on edge, investors look to tech trio

-- October 20, 2018 12:29:05

The pressure is on for Amazon, Alphabet and Microsoft as they prepare to report quarterly results at a time when confidence in those market leaders looks increasingly fragile and in danger of derailin...

Investors remain cautious, average turnover dips 34.50 per cent

FE Report October 20, 2018 10:55:10

The country's premier bourse witnessed moderate loss both in broad index and turnover as well amid 'nervy' trading. Selling spree was observed throughout the week as many investors opted to book prof...