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The Financial Express

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DSE turnover hits seven-month low

DSE turnover hits seven-month low

FE ONLINE REPORT 2021-02-22 17:16:07

The daily trade turnover on the prime bourse fell below Tk 5.0 billion-mark on Monday, hitting a seven-month low, as most investors were reluctant to make fresh investment in stocks. Turnover, a cruc...

Stocks plunge at opening amid lackluster trade

Stocks plunge at opening amid lackluster trade

FE ONLINE REPORT 2021-02-22 11:41:40

Stocks nosedived in early trading on Monday as investors continued their sell-offs on sector-wise issues amid persistently lackluster trade. Following the previous week’s downward trend, the Dh...

BSEC sees no need of new provision in Companies Act

BSEC sees no need of new provision in Companies Act

Mohammad Mufazzal 2021-02-21 09:08:55

The securities regulator sees no bar in implementing its directive recently issued to settle investors' claims for unclaimed or unpaid or unsettled dividends. It also finds no need of introducing a...

eGeneration appoints three new independent directors

eGeneration appoints three new independent directors

FE Online Desk 2021-02-20 14:15:10

Md Eshaque Ali Khondakar, FCA, Dr Mohammed Shafiul Alam Khan, Dr Md Musfiqur Rahman, FCMA have been appointed as independent directors to the Board of Directors of eGeneration Limited, according to a...

Baraka Patenga IPO shares bidding begins Monday

Baraka Patenga IPO shares bidding begins Monday

FE REPORT 2021-02-20 10:46:14

Baraka Patenga Power's bidding to explore the cut-off price of its IPO shares is set to begin on Monday (February 22), aiming to raise Tk 2.25 billion under the book-building method. The bidding - a...

25 banks invest Tk 10.33b in capital market

25 banks invest Tk 10.33b in capital market

MOHAMMAD MUFAZZAL 2021-02-19 08:21:48

As many as 25 banks have so far invested Tk 10.33 billion in the capital market in a bid to prop it up in response to the Bangladesh Bank's circular issued last year when the market remained volatile....

Stocks extend losses amid dull trade

Stocks extend losses amid dull trade

FE Online Report 2021-02-18 15:53:41

Stocks extended the losing streak for the third straight session on Thursday amid persistently lacklustre trade. The market swung between negative and positive several times during the trading sessio...

eGeneration makes debut Tuesday

eGeneration makes debut Tuesday

FE ONLINE REPORT 2021-02-18 13:08:15

eGeneration, one of the leading IT consulting and software solution companies in Bangladesh, will make its share trading debut on February 23 (Tuesday) under the “N” category, officials sa...

BD Finance declares 6.0pc cash, 6.0pc stock dividend

BD Finance declares 6.0pc cash, 6.0pc stock dividend

FE ONLINE REPORT 2021-02-18 12:23:39

The board of directors of BD Finance has recommended 6.0 per cent cash and 6.0 per cent stock dividend for the year ended on December 31, 2020. The final approval of dividend will come during the ann...

Stocks down at opening amid lacklustre trade

Stocks down at opening amid lacklustre trade

FE ONLINE REPORT 2021-02-18 11:44:25

Stocks witnessed marginal fall in the early trading on Thursday as investors continued their sell-offs on sector-wise issues amid persistent lacklustre trading. Following the previous day’s mar...

IDLC Finance declares 35pc cash dividend

IDLC Finance declares 35pc cash dividend

FE ONLINE REPORT 2021-02-18 11:20:12

The board of directors of IDLC Finance has recommended a 35 per cent cash dividend for the year ended on December 31, 2020. The final approval of dividend will come during the annual general meeting...

IPDC recommends 12pc cash dividend

IPDC recommends 12pc cash dividend

FE ONLINE REPORT 2021-02-18 11:02:54

The board of directors of IPDC Finance has recommended 12 per cent cash dividend for the year ended on December 31, 2020. The final approval of dividend will come during the annual general meeting (A...

Nasdaq falls as big tech slides

Nasdaq falls as big tech slides

-- 2021-02-18 10:50:42

The Nasdaq closed lower while the S&P 500 was little changed on Wednesday as investors rotated out of technology shares and concerns about inflation added some pressure on stocks. The Dow Jones I...

Lub-rref to hold IPO lottery draw February 23

Lub-rref to hold IPO lottery draw February 23

FE REPORT 2021-02-18 10:13:23

Lub-rref (Bangladesh), a local lubricant producer, is set to hold initial public offering (IPO) lottery draw on February 23 to allocate 45.24 million ordinary shares. The IPO subscription of Lub-rref...

Elon Musk's SpaceX raises $850 million in fresh funding

Elon Musk's SpaceX raises $850 million in fresh funding

Reuters 2021-02-17 13:57:15

Tesla boss Elon Musk’s SpaceX completed an equity funding round of $850 million that sent its valuation to about $74 billion last week, according to a CNBC report run by Reuters on Tuesday. Spa...

Stocks open mixed amid choppy trading

Stocks open mixed amid choppy trading

FE ONLINE REPORT 2021-02-17 11:34:35

Stocks witnessed a mixed trend in the early trading on Wednesday as investors mostly followed a cautious stance amid lack of clear direction. Following the previous day’s marginal fall, the Dha...

Robi asked to 'revise no dividend decision'

Robi asked to 'revise no dividend decision'

FE Report 2021-02-17 08:48:40

The leading telecom operator Robi Axiata came under the securities regulator's action for its failure to declare any dividend for the year 2020. The Bangladesh Securities and Exchange Commission (BSE...

Stocks slip into red after single-day break

Stocks slip into red after single-day break

FE ONLINE REPORT 2021-02-16 16:24:42

Stocks slipped into the red on Tuesday, after a single-day break, as the second largest mobile phone operator Robi declared no dividend for the year 2020. Robi Axiata declared no dividends for its sh...

Asia's surging shares keep global bull run on track

Asia's surging shares keep global bull run on track

REUTERS 2021-02-16 14:05:07

Asian shares rallied on Tuesday, setting the stage for world equities to extend their bull run for a 12th consecutive session, as investors banked on a rollout of coronavirus vaccines to keep the glob...

Global shares rise, oil up on Middle East tensions

Global shares rise, oil up on Middle East tensions

-- 2021-02-16 10:25:12

Global shares rose for the 11th day in a row to reach a fresh peak on optimism about the rollout of COVID-19 vaccines and new fiscal aid from Washington, while tensions in the Middle East drove oil to...

BSEC to consider 'adjusted' share price

BSEC to consider 'adjusted' share price

FE Report 2021-02-16 10:15:26

The securities regulator has decided to consider the 'adjusted' share price as the revised floor price of any listed securities. The Bangladesh Securities and Exchange Commission (BSEC) took the de...

Robi declares ‘no” dividend after listing

Robi declares ‘no” dividend after listing

FE ONLINE REPORT 2021-02-15 20:17:05

Robi Axiata, the country’s second largest telecom operator, has declared “no” dividend for the year ended on December 31, 2020, after listing with the stock market this year. The bo...

Stocks bounce back as large-cap stocks surge

Stocks bounce back as large-cap stocks surge

FE ONLINE REPORT 2021-02-15 15:53:06

Stocks rebounded strongly on Monday, snapping a two-day losing streak, as optimistic investors showed their appetite on large-cap lucrative issues. Following the previous two days’ price fall,...

Stocks inch up at opening after two-day fall

Stocks inch up at opening after two-day fall

FE ONLINE REPORT 2021-02-15 11:29:21

Stocks witnessed an upward trend in early trading on Monday, after remaining down in the past two sessions, as bargain hunters showed their appetite on lucrative issues. Following the previous two da...

Green Delta Insurance declares 32pc dividend for 2020

Green Delta Insurance declares 32pc dividend for 2020

FE ONLINE REPORT 2021-02-15 11:22:52

The board of directors of Green Delta Insurance has recommended 24.5 per cent cash and 7.5 per cent stock dividend for the year ended on December 31, 2020. The final approval of the dividend will com...

Stocks extend losses amid lacklustre trade

Stocks extend losses amid lacklustre trade

FE Online Report 2021-02-14 15:52:52

Stocks extended the losing streak for the second straight session on Sunday amid persistently lacklustre trade. The market swung between negative and positive several times during the trading session...

Stocks open week on choppy trading

Stocks open week on choppy trading

FE ONLINE REPORT 2021-02-14 11:57:51

Stocks witnessed volatility in early trading on Sunday, the first day of the week, as investors mostly followed cautious mode. Following the previous day’s marginal fall, the Dhaka Stock Exchan...

Stock market regulator taking more actions against wrongdoers

Stock market regulator taking more actions against wrongdoers

Mohammad Mufazzal 2021-02-14 09:07:11

The regulatory measures against the issuers and market operators continued to rise to ensure the compliance in market operations. The data regarding the securities regulator's enforcement actions r...

IPO subscription of Desh Insurance begins Sunday

IPO subscription of Desh Insurance begins Sunday

FE REPORT 2021-02-13 10:01:35

The IPO subscription of Desh General Insurance will open tomorrow (Sunday), aiming to raise Tk 160 million under the fixed price method. The general insurer's initial public offering (IPO) subscripti...

BATBC shares jump almost 13pc on hefty dividend declaration

BATBC shares jump almost 13pc on hefty dividend declaration

FE REPORT 2021-02-12 10:00:16

Shares of British American Tobacco Bangladesh Company (BATBC) jumped 12.62 per cent to close at Tk 1,700.30 on Thursday following its hefty dividend declaration. The multinational tobacco company s...