Search results for: stock

Genex Infosys to allocate 20m ordinary shares

FE Online Report December 20, 2018 15:31:18

Genex Infosys will allocate 20 million ordinary shares among the successful applicants as the company’s IPO lottery draw was held today (Thursday). The initial public offering (IPO) lottery dra...

Asian stocks fall after Fed raises rates

-- December 20, 2018 12:09:38

Asian shares fell on Thursday after the Federal Reserve raised US interest rates and Wall Street dived to a 15-month low. Tokyo’s Nikkei 225 index fell 1.7 per cent to 20,631.45 points and the...

SE Asian stocks slip tracking Asian peers

-- December 20, 2018 12:07:44

Most Southeast Asian shares fell in line with their Asian peers on Thursday after the US Federal Reserve kept most of its outlook for further interest rate hikes in 2019. Malaysian and Indonesian sha...

BSRM to invest Tk 390m in BSM Steel

FE Online Report December 20, 2018 11:36:10

The board of directors of Bangladesh Steel Re-Rolling Mills Ltd (BSRM) has decided to make equity investment of Tk 390 million (approximately) in a new joint venture company. The name of the new join...

Stocks open positive amid cautious trading

FE Online Report December 20, 2018 11:28:43

Stocks witnessed positive trend in early hour of trading on Thursday as some investors are active on sector-wise issues amid cautious trading ahead of national elections. Following the previous two d...

BSEC extends timeframe till Dec 31, 2020

FE Report December 20, 2018 10:38:23

The securities regulator has extended the timeframe till December 31, 2020 for keeping provision against unrealised losses in margin accounts of stock dealers' and stock brokers' clients. The unreali...

GPH Ispat vows to enrich steel sector

Our Correspondent December 20, 2018 10:35:06

The 12th annual general meeting (AGM) of GPH Ispat Ltd has approved 10 per cent stock dividend for the shareholders for the 2017-2018 fiscal year. The approval of dividend came in the AGM held at Chi...

IPO lottery draw of Genex Infosys today

FE Desk Report December 20, 2018 10:27:55

The IPO lottery draw of Genex Infosys will be held today (Thursday) which will allocate 20 million ordinary shares among the successful applicants. The initial public offering (IPO) lottery draw wil...

Stocks end higher after volatile trading

FE Online Report December 19, 2018 15:35:03

Stocks posted marginal gain Wednesday as some investors brought in the undervalued stocks amid cautious trading. DSEX, the prime index of the Dhaka Stock Exchange (DSE), settled at 5,242, advancing 8...

Oracle Corporation’s earning per share rises by 18pc

FE Online Desk December 19, 2018 13:41:04

Oracle Corporation (NYSE: ORCL) announced fiscal 2019 Q2 results on Tuesday. Total Revenues were unchanged at $9.6 billion and up 2% in constant currency, compared to Q2 last year. Total Cloud Servic...

Nikkei hits near nine-month low

-- December 19, 2018 12:18:13

Japan’s Nikkei fell over 1.0 per cent on Wednesday to its lowest level in nearly nine months amid caution ahead of the US Federal Reserve’s upcoming policy decision. After swerving in and...

Asian stocks see mixed

-- December 19, 2018 12:13:07

Asian stocks were mixed on Wednesday, as traders mulled over the Federal Reserve’s interest rate decision and weaker-than-expected Japanese trade data. Japan’s Nikkei 225 index fell 0.4 p...

Shares drive gains in early trading

FE Online Report December 19, 2018 11:45:25

The prices of most of the shares on bourses witnessed positive trend in early hour of trading on Wednesday as some investors are active on sector-wise issues amid cautious trading ahead of elections....

Govt earnings from DSE fall 19pc in Nov

FE Report December 19, 2018 10:32:31

The government revenue earnings from the Dhaka Stock Exchange (DSE) fell 19 per cent month-on-month in November this year on the back of falling trade volumes. Market insiders said sluggish market tr...

Aramit approves 50pc cash div

FE Desk Report December 19, 2018 10:27:42

Aramit Limited, a unit of Aramit Group, a Chittagong-based leading industrial conglomerate of the country has approved 50 per cent final cash dividend for the year ended on 30th June, 2018, said a sta...

Meghna Life's price jumps 41pc in a month

FE Report December 19, 2018 10:21:49

Top ten traded companies captured more than 24 per cent turnover of the prime bourse on Tuesday. Meghna Life Insurance Company topped the list. According to statistics available with the Dhaka Stock...

Stocks rebound from seven-day losing streak

FE Online Report December 18, 2018 16:09:34

Stocks backed to the positive zone on Tuesday, snapping a seven-day losing streak, as some investors showed their buying binge on lucrative price level of issues. Analysts said although the market re...

Indian shares break five-day rally

-- December 18, 2018 13:27:31

Indian shares halted their five-day rally on Tuesday, amid concerns that global economic growth was weakening and as investors booked profits after five straight days of gains. The losses came as inv...

Asian shares follow Wall Street lower

-- December 18, 2018 11:59:39

Asian stocks slipped on Tuesday, tracking losses on Wall Street as traders braced for an interest rate hike by Federal Reserve. Japan’s Nikkei 225 index was 1.2 per cent lower at 21,242.66 and...

Stocks advance amid political tensions

FE Online Report December 18, 2018 11:46:41

The prices of most of the shares on bourses witnessed positive trend in early hour of trading on Tuesday as some investors are active on sector-wise issues amid lucrative price level. Following the p...

CVO production suspended for 15 days

FE Report December 18, 2018 10:41:47

The production of CVO Petrochemical Refinery remains stopped for 15 days due to scheduled maintenance and machinery up-gradation work. The company's maintenance and machinery up-gradation work will b...

Mideast stocks eke out some gains in early trading

-- December 17, 2018 15:41:58

Mideast stocks eked out some gains in early hours of trading on Monday, while Saudi Arabia’s stock rose, boosted by petrochemical shares. However, Qatar fell as most of its banks slipped. Oil p...

Turnover plunges to nine-month low

FE Online Report December 17, 2018 15:28:13

Stocks extended the losing streak for the seventh straight session on Monday with turnover hitting nearly nine-month low as investors reluctant to put fresh fund on stocks. Market insiders said stock...

Fire at Saiham Textile cost Tk 700 million

FE Online Report December 17, 2018 12:49:58

Saiham Textile Mills informed that fire at warehouse at Noyapara area in Madhabpur upazila of Habiganj district losses approximately Tk 700 million on December 11. Fire had been broken out in the mil...

JMI Syringes share price soaring sans PSI

FE Online Report December 17, 2018 11:48:53

The share price of JMI Syringes & Medical Devices is soaring without having any undisclosed price sensitive information. Within a week, the company’s share price jumped more than 28 per cen...

Stocks lose ground in early trading

FE Online Report December 17, 2018 11:22:46

The prices of most of the shares on bourses witnessed downward trend in early hour of trading on Monday as investors mostly followed cautious stance ahead of elections. Following the previous week&rs...

SE Asian stocks edge down after China data

-- December 17, 2018 11:07:27

Southeast Asian stocks edged down on Monday as risk appetite was curbed after poor economic data from China. Singaporean shares shook off losses from the previous session as investors sought bargains....

Asian shares inch up ahead of Fed meeting

-- December 17, 2018 10:40:18

Asian shares inched up Monday on hopes that the Federal Reserve would re-evaluate its hawkish stance at a meeting later this week, following signs of slower global growth. Japan’s Nikkei 225 in...

2018: The year volatility came home to roost

-- December 16, 2018 17:40:31

NEW YORK (Reuters) - U.S. stocks are down only slightly for 2018, but that masks a volatile year for investors. Trade-related tensions between the United States and China, weakness in the tech sector...

CSRC approves three new IPOs

-- December 15, 2018 13:12:06

The China Securities Regulatory Commission (CSRC) has approved the initial public offering (IPO) applications of three companies. The companies are-- Qingdao Port International Co, Ltd., Golden Horse...