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GSK’s EGM on pharma unit closure Oct 14

FE Online Report August 29, 2018 12:13:36

GlaxoSmithKline informed that an extraordinary general meeting (EGM) regarding closure of their pharmaceuticals unit will be held on October 14. The EGM will be held at 11am to consider and approve t...

Asian shares climb after Wall Street gain

-- August 29, 2018 11:42:23

Asian shares rose slightly on Wednesday after Wall Street gained on strength in technology and retailing shares. Tokyo's Nikkei 225 rose 0.4 per cent to 22,914.69 and Hong Kong's Hang Seng advanced 0...

Stocks inch up in thin trading at opening

FE Online Report August 29, 2018 11:20:36

The prices of most of the shares on both bourses witnessed positive trend in early hour of trading on Wednesday as investors are showing their buying appetite on sector-wise issues. Following the pre...

Share price of Samata Leather soaring despite capital shortage

FE Report August 29, 2018 10:37:36

The share price of Samata Leather Complex, a "Z" category company, is soaring despite the company facing shortage of working capital. In five trading days, the share price jumped nearly 38 per cent o...

United Power tops turnover chart of DSE

FE Report August 29, 2018 10:32:25

Top ten traded companies captured 30 per cent transaction of the Dhaka Stock Exchange (DSE) on Tuesday while United Power topping the list. Market insiders said investors were mostly active on Unit...

DSEX crosses 5,600-mark after four months

FE Online Report August 28, 2018 17:12:05

Stocks backed to higher on Tuesday, after single-day break, with core index of the prime bourse crossing the 5,600-mark after four months. Analysts said the market returned to higher amid increased p...

IPO subscription of Kattali Textile opens

FE Online Report August 28, 2018 12:18:46

The initial public offering (IPO) subscription of Kattali Textile opened today (Tuesday) at 10:00am, according to DSE website. Applicants will be able to apply for the IPO subscription of the company...

Bourses mostly higher on buying spree

FE Online Report August 28, 2018 12:04:10

The prices of most of the stocks on both bourses saw an upward trend in early hour of trading on Tuesday as investors were showing their buying appetite on sector specific stocks. Following the previ...

DSE gets fund from Chinese strategic partner 'in a week'

FE Report August 28, 2018 10:11:52

The Dhaka Stock Exchange (DSE) is set to receive the fund from its Chinese strategic partner, which is a consortium of two stock exchanges, within a week against the DSE's shares sold to the partner....

No 'headway' yet in BSEC e-data move

Mohammad Mufazzal August 28, 2018 09:40:17

The proposed Electronic Data Gathering, Analysis and Retrieval (EDGAR) system of the securities regulator has not made any visible progress yet, though the move was initiated two years ago. The Bangl...

European shares climb after Powell speech

-- August 27, 2018 16:00:26

European shares climbed on Monday after a market-friendly speech by US Fed Chairman Jerome Powell and signs of progress on a US-Mexico NAFTA trade deal, which drove car stocks higher. The pan-Euro...

DSE slip into red after five days

FE Online Report August 27, 2018 15:32:00

Dhaka stocks slipped into the red on Monday, snapping a five-day gaining streak, as risk-averse investors opted to book some profits. Following the previous five days’ upward movement, the Dh...

China stocks rise to two-week high

-- August 27, 2018 12:19:12

China stocks reached their highest levels in two weeks on Monday, buoyed by a stronger yuan after the central bank moved to keep the currency market stable. The Shanghai Composite index rose 1.7 per...

Stocks soar at opening, DSEX jumps

FE Online Report August 27, 2018 11:28:57

The prices of most of the stocks on both bourse witnessed upward trend in early hour of trading on Monday with core index of the prime bourse crossing the 5,600-mark. Following the previous five da...

Low-cap shares under watch still rising

FE Report August 27, 2018 10:42:43

Share prices of eight low-cap companies, which are under the regulator's scanners, continued to soar without any price sensitive information (PSI). The companies are: Kay & Que, Samata Leather...

Silva Pharma IPO lottery draw Thursday

FE Report August 27, 2018 10:39:30

The initial public offering (IPO) lottery draw of Silva Pharmaceuticals would be held on Thursday (August 30), officials said. The event will be held at 10:30 am at the auditorium of the Institution...

Asian shares rise after record highs on Wall Street

-- August 27, 2018 09:35:08

Asian shares rose early on Monday, taking support from Wall Street’s gains on Friday after US Federal Reserve Chairman Jerome Powell said a gradual approach to raising rates was best to protect...

Gulf markets rise in quiet trading

-- August 26, 2018 15:48:04

Gulf stock markets rose in quiet trading on Sunday, led by broad-based gains in Saudi Arabia, as they reopened after a one-week break for the Muslim festival of Eid Al Adha. During that week, the M...

Stocks end higher first day after Eid

FE Online Report August 26, 2018 15:22:47

Stocks ended higher on Sunday, the first session after five-day Eid holidays, as investors continued their buying spree on sector-wise stocks. Market insiders said the bourses extended their winnin...

Stocks resume downturn after vacation

FE Online Report August 26, 2018 11:35:49

The prices of most of the shares on both bourse witnessed downward trend in early hour of trading on Sunday, the opening session after five-day Eid vacation. Trading and official activities remaine...

Kattali Textile IPO subscription opens on Tuesday

FE Report August 26, 2018 11:14:02

The initial public offering (IPO) subscription period of Kattali Textile will start on Tuesday (August 28), according to DSE website. Applicants will be able to apply for the IPO subscription until...

Baraka Shikalbaha Power enters deal with BPDB

FE Report August 26, 2018 11:07:13

The Baraka Shikalbaha Power Limited (BSPL) has signed a power purchase agreement with the state-owned Bangladesh Power Development Board (BPDB), according to a disclosure made by the BSPL. The agre...

Trading on DSE mobile app creeping up

FE Report August 26, 2018 10:46:13

Share trading through the Dhaka Stock Exchange (DSE) mobile app is on the rise as the number of active users of the application exceeded the 34,000-mark recently. The app's features include market...

Global markets rise after Powell speech

-- August 25, 2018 12:40:40

Global equity markets rose on Friday after Federal Reserve Chairman Jerome Powell expressed no surprises in a key speech outlining a steady course for monetary policy. Oil prices surged on signs Iran...

US stocks: S&P 500, Nasdaq hit all-time highs

-- August 25, 2018 11:58:49

Wall Street rallied on Friday, with the S&P 500 and the Nasdaq hitting all-time highs, as Federal Reserve Chairman Jerome Powell affirmed the US central bank’s current pace of rate hikes....

Shares keep gaining as financial stocks soar

FE Report August 25, 2018 10:40:28

Stocks extended their winning streak for the fourth straight week that ended on Monday, in the short week before Eid holidays. Brokers said the market passed another positive week as optimistic inves...

Trading on bourses resumes tomorrow

FE Report August 25, 2018 10:36:46

Trading on the two local bourses will resume tomorrow (Sunday) after the five-day Eid holidays, officials said. The trading on the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) wil...

KDS Accessories recommends 15 per cent dividend

FE Report August 25, 2018 10:34:02

The board of directors of KDS Accessories Limited has recommended 10 per cent cash and 5.0 per cent stock dividends for the fiscal year ended on June 30, 2018. The final approval of the dividend wi...

ONE Bank signs deal with Titas Gas

-- August 24, 2018 22:31:46

ONE Bank Limited signed an agreement with Titas Gas Transmission and Distribution Company Limited recently, according to a statement. Additional Deputy Managing Director of ONE Bank Limited Rozina Al...

Asia slips after US-China trade talks end without progress

-- August 24, 2018 11:24:37

Asian stocks fell on Friday after US-China trade talks ended without progress, with the markets braced for a speech by Federal Reserve Chairman Jerome Powell for hints on the direction of US monetary...