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The Financial Express

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IFIC Bank declares 10pc stock dividend

IFIC Bank declares 10pc stock dividend

FE ONLINE REPORT 2020-06-25 10:27:20

The board of directors of IFIC Bank Limited has recommended a 10 per cent stock dividend for the year ended on December 31, 2019. The final approval of the dividend will come during the annual genera...

Stocks inch up, but turnover remains low

Stocks inch up, but turnover remains low

FE ONLINE REPORT 2020-06-24 15:14:55

Stocks inched up on Wednesday amid low turnover as investors mostly followed cautious stance due to worsening pandemic situation and floor price limitation. DSEX, the key index of the Dhaka Stock Exc...

Stocks open flat amid low turnover

Stocks open flat amid low turnover

FE ONLINE REPORT 2020-06-24 11:00:49

Stocks nearly flat in early trade on Wednesday as worsening pandemic situation, floor price system, and disappointment over the proposed budget kept the investors away from the trading activities. Wi...

Bourses asked to launch integrated online platform

Bourses asked to launch integrated online platform

FE Report 2020-06-24 10:22:36

The securities regulator has directed both the bourses to launch an integrated online platform for data gathering and information submission and dissemination. The Bangladesh Securities and Exchange...

Dhaka Bank declares 10pc dividend

Dhaka Bank declares 10pc dividend

FE ONLINE REPORT 2020-06-24 10:14:02

Dhaka Bank Ltd has recommended 5.0 per cent cash and 5.0 per cent stock dividend for the year ended on December 31, 2019. The board of directors of the bank in a virtual meeting on Tuesday adopted th...

Stocks witness yet another flat session

Stocks witness yet another flat session

FE ONLINE REPORT 2020-06-23 14:58:23

Stocks witnessed yet another flat session on Tuesday as growing virus fears and the ‘floor price’ system kept the investors mostly on the sidelines. DSEX, the key index of the Dhaka Stock...

Stocks open mixed amid low turnover

Stocks open mixed amid low turnover

FE ONLINE REPORT 2020-06-23 11:03:47

Stocks witnessed mixed trend in early trading on Tuesday amid sluggish turnover as growing tension over the Covid-19 pandemic and floor price mechanism kept the investors on the sidelines. Within 30...

City Bank declares 15pc cash dividend

City Bank declares 15pc cash dividend

FE ONLINE REPORT 2020-06-23 10:02:14

The City Bank Ltd has recommended 15 per cent cash dividend for the year ended on December 31, 2019. The board of directors of the bank in a virtual meeting held on Monday approved the audited financ...

Bangladesh National Ins declares 12pc cash dividend

Bangladesh National Ins declares 12pc cash dividend

FE Online Report 2020-06-23 10:00:20

The board of directors of Bangladesh National Insurance Company Ltd has recommended 12 per cent cash dividend for the year ended on December 31, 2019. The board of directors of the non-life insurer i...

Stocks end nearly flat; turnover remains low

Stocks end nearly flat; turnover remains low

FE ONLINE REPORT 2020-06-22 15:09:22

Stocks ended nearly flat on Monday as investors were mostly inactive due to pandemic fears and disappointment over the proposed budget. DSEX, the key index of the Dhaka Stock Exchange, saw a fraction...

Global stocks try to shake off second wave virus fears

Global stocks try to shake off second wave virus fears

REUTERS 2020-06-22 13:20:49

US stock futures recouped losses on Monday but Asian stocks wobbled as investors tried to shake off worries that rising coronavirus cases in the United States could scupper a quick economic rebound....

IPO subscription of Express Insurance extended until July 2

IPO subscription of Express Insurance extended until July 2

FE ONLINE REPORT 2020-06-22 11:47:28

The public subscription of Express Insurance Ltd has been extended until July 2 with the permission of securities regulator, officials said. The IPO (initial public offering) subscription of the non-...

Stocks down at open amid low turnover

Stocks down at open amid low turnover

FE Online Report 2020-06-22 11:24:43

Stocks saw downward trend in early trading on Monday amid low participation of investors as growing tension over the Covid-19 pandemic and floor price mechanism kept the investors on the sidelines. W...

Runner Automobile’s EPS plunges 98pc in Jan-Mar

Runner Automobile’s EPS plunges 98pc in Jan-Mar

FE ONLINE REPORT 2020-06-22 10:59:35

Runner Automobiles standalone earnings per share (EPS) tumbled nearly 98 per cent year-on-year in the January-March, 2020 quarter as sales impacted by Covid-19 outbreak. The board of directors of the...

DSE daily turnover hits fresh 13-yr low

DSE daily turnover hits fresh 13-yr low

FE ONLINE REPORT 2020-06-21 14:58:39

The daily turnover on the Dhaka Stock Exchange (DSE) tumbled to a fresh 13-year low on Sunday, as the growing virus fears and the ‘floor price’ system kept the investors on the sidelines....

Berger Paints to invest Tk 76.05m in Berger Fosroc

Berger Paints to invest Tk 76.05m in Berger Fosroc

FE ONLINE REPORT 2020-06-21 13:11:04

The board of directors of Berger Paints Bangladesh has decided to invest Tk 76.05 million in its associate company-Berger Fosroc Ltd. “The board of directors has resolved that the company will...

Stocks nearly flat at open amid low turnover

Stocks nearly flat at open amid low turnover

FE ONLINE REPORT 2020-06-21 11:51:15

Stocks remained almost flat in early trading on Sunday with sluggish turnover as growing tension over the Covid-19 pandemic and floor price mechanism kept the investors almost stagnant. Wit...

ETF still eludes investors

ETF still eludes investors

Mohammad Mufazzal 2020-06-21 10:39:03

Dhaka Stock Exchange (DSE) is yet to launch the Exchange Traded Fund (ETF) despite the gazette on the rules of this fund was published three years back. The DSE officials said the ETF could not be la...

Weekly Review: Stocks drift lower, block trade snares 43pc of total turnover

Weekly Review: Stocks drift lower, block trade snares 43pc of total turnover

Babul Barman 2020-06-20 10:05:32

Stocks ended lower in the post-budget week as investors found nothing special for the capital market development in the proposed budget. Week-on-week, DSEX, the key index of the Dhaka Stock Exchange,...

BB eases wiring proceeds from share sales abroad

BB eases wiring proceeds from share sales abroad

Siddique Islam 2020-06-20 09:27:54

The central bank has relaxed regulations allowing non-resident investors to repatriate sales proceeds of their shares in non-listed companies aiming to attract foreign direct investment or FDI in Bang...

Stock market badly needs ‘fully IT-based operation’

Stock market badly needs ‘fully IT-based operation’

FE REPORT 2020-06-20 09:23:05

Participants at a webinar on Friday stressed the need for ensuring IT-based market operations and coordination among the regulatory bodies to keep pace with the markets of developed countries and to k...

Global stocks wobble as investors assess risks of second wave

Global stocks wobble as investors assess risks of second wave

REUTERS 2020-06-19 13:17:49

Asian shares and US stock futures teetered in choppy trade on Friday as lingering concerns about a fresh spike in coronavirus cases offset growing hopes for a quick economic recovery. MSCI’s br...

Stocks edge down amid growing virus tension

Stocks edge down amid growing virus tension

FE ONLINE REPORT 2020-06-18 14:38:38

Stocks edged lower on Thursday, with turnover remaining below Tk 1.0 billion-mark, amid growing virus tension and dissatisfaction over the proposed budget. DSEX, the key index of the Dhaka Stock...

Stocks slump at open amid low turnover

Stocks slump at open amid low turnover

FE ONLINE REPORT 2020-06-18 11:05:35

Stocks witnessed downward trend in early trading on Thursday with sluggish turnover as growing tension over the Covid-19 pandemic and floor price mechanism kept the investors almost stagnate. Trading...

CSE for reduction of corporate tax for listed cos

CSE for reduction of corporate tax for listed cos

FE Report 2020-06-18 09:59:04

Chittagong Stock Exchange (CSE) has made a set of proposals, including reduction of corporate tax for listed companies, for the government's further consideration before finalising the budget for the...

BSEC to withdraw floor price mechanism soon

BSEC to withdraw floor price mechanism soon

FE Report 2020-06-18 09:54:07

The BSEC will withdraw the floor price mechanism soon in a bid to ensure free price movements of stocks. Prof. Md. Mizanur Rahman, a commissioner of the securities regulator, disclosed this while joi...

Bourses revise trading hours

Bourses revise trading hours

FE Online Report 2020-06-17 18:34:41

Dhaka Stock Exchange and the Chittagong Stock Exchange have revised the trading hours as banking hours changed due to rising cases of Covid-19 infections and deaths in the country. As per new timing,...

Subscription of CAPITEC-IBBL Shariah Unit Fund to open from July 1

Subscription of CAPITEC-IBBL Shariah Unit Fund to open from July 1

FE Online Report 2020-06-17 16:04:03

Subscription of ‘CAPITEC-IBBL Shariah Unit Fund’, an open-end Shariah compliant mutual fund, is set to begin from July 1, 2020. The initial size of the CEPITEC-IBBL Shariah Unit Fund is T...

Stocks inch higher amid low turnover

Stocks inch higher amid low turnover

FE ONLINE REPORT 2020-06-17 14:52:39

Stocks inched up on Wednesday, with turnover remaining below Tk 1.0 billion-mark, as most of the investors were cautious amid worsening situation of the deadly virus. DSEX, the key index of the Dha...

Stocks open mixed amid sluggish turnover

Stocks open mixed amid sluggish turnover

FE ONLINE REPORT 2020-06-17 11:22:53

Stocks witnessed mixed trend in early trading on Wednesday with sluggish turnover as growing tension over the Covid-19 pandemic and floor price mechanism kept the investors almost stagnate. Within 30...