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The Financial Express

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Stocks snap two-day winning streak

FE Online Report February 04, 2020 16:06:07

Stocks slipped into the red on Tuesday, snapping a two-day winning streak, as risk-averse investors went on selling binge on sector-wise issues. DSEX, the prime index of the Dhaka Stock Exchange (DSE...

CSE gets new managing director

FE ONLINE DESK February 04, 2020 13:44:34

Mamun-Ur-Rashid, former managing director of Standard Bank Limited, has been appointed as managing director of Chittagong Stock Exchange (CSE) Limited. He started his career with National Bank as a P...

DSEX gains 20.08 points at opening

FE Online Report February 04, 2020 12:03:56

Stocks witnessed upward trend in early hours of trading on Tuesday as investors continued their buying binge on sector specific issues based on earnings declaration. Following the previous two days&r...

Sluggish turnover hits DSE earnings

Babul Barman February 04, 2020 11:48:41

The government's revenue earnings from the Dhaka bourse slumped 39 per cent in seven months in the current fiscal year as trading volume was on the decline. Market analysts said sluggish trading acti...

Bourses extend gaining streak

FE Online Report February 03, 2020 16:06:41

Stocks extended the gaining streak for the second day in a raw on Monday as some investors continued their buying binge based on quarterly earnings. DSEX, the prime index of the Dhaka Stock Exchange...

AirAsia shares plunge after Airbus bribery allegations

Reuters February 03, 2020 12:24:21

Shares of Malaysia’s AirAsia Group and unit AirAsia X fell on Monday, after allegations by Britain’s Serious Fraud Office that Airbus paid a bribe of $50 million to win plane orders from A...

Stocks inch up on earning reports

FE Online Report February 03, 2020 12:15:39

Stocks witnessed a marginal gain in early hours of trading on Monday as a section of investors are showing appetite on sector specific issues based on earnings declaration. Following the previous day...

Allegation brought against S S Steel

FE REPORT February 03, 2020 11:47:11

Shore Cap Holdings Limited, a private limited company has brought allegation against a listed steel company's involvement in its placement share forgery. At a press conference held on Sunday at Dhaka...

Two power companies declare interim cash dividends

FE REPORT February 03, 2020 11:45:11

Two power generation companies have declared interim cash dividend for the year to be ended on June 30, 2020 based on financial statements for the half year ended on December 31, 2019. The companies...

Govt asks seven state firms to complete valuation by Apr

FE REPORT February 03, 2020 10:50:43

The government has asked seven state-owned energy firms to complete the valuation of their assets in two months for the divestment of shares in the bourses. The directive was issued as part of the go...

Stocks post modest gain after two-day

FE Online Report February 02, 2020 17:53:37

Stocks posted a modest gain on Sunday, snapping as two-day losing streak, as some investors showed buying binge on sector-wise shares after city corporation election. DSEX, the prime index of the Dha...

Stocks post marginal gains in early trading

FE Online Report February 02, 2020 11:36:53

Stocks witnessed marginal gains in the early hours of trading on Sunday as some investors were showing appetite on sector-wise stocks amid ongoing earnings declaration. Following the previous day&rsq...

Summit Power declares 15pc interim dividend

FE Online Report February 02, 2020 11:22:22

The board of directors of Summit Power Ltd has declared 15 per cent interim cash dividend for the year ending on June 30, 2020 based on un-audited financial statements for the half year period ended...

Weekly Review: MNCs see mixed performance

FE Report February 02, 2020 11:14:22

Listed multinational companies (MNCs) performed mixed in last week amid price corrections witnessed by many local companies. The local companies witnessed price corrections as their earnings declined...

Weekly Review: Stocks drop on poor earnings

Babul Barman February 01, 2020 11:44:32

Stocks slipped into red in the outgoing week as investors sold shares amid the lower-than-expected earnings declared by large-cap companies. Week-on-week, DSEX, the prime index of the Dhaka Stock Exc...

ICB AMCL approves dividend

FE Report February 01, 2020 11:36:10

The Trustee Committee of the nine open-end mutual funds managed by ICB Asset Management Company Ltd (AMCL) approved dividends for the fiscal year 2019 at a meeting held on Thursday. The open-end mutu...

Visa, Mastercard could be next $1 trillion companies

Reuters January 31, 2020 17:03:25

Tech and internet titans were the first to reach $1 trillion in stock market value, but the next U.S. companies that could do so are better known for their plastic. Soaring stock prices are propellin...

Top ten grab one-third of DSE turnover

FE Report January 31, 2020 14:02:37

Ten most traded firms accounted for one-third of transactions on the Dhaka Stock Exchange on Thursday with LafargeHolcim continuing to dominate the turnover chart for seventh straight session. Market...

Stocks extend losses amid poor earnings declaration

FE Online Report January 30, 2020 17:27:51

Stocks extended losses for the second straight day on Thursday as investors were on selling binge amid lower than expected earnings disclosures of a number of companies. DSEX, the prime index of the...

Virus fears push Asian stocks to seven-week low

Reuters January 30, 2020 11:58:48

Asian stocks and currencies fell on Thursday as the death toll from a new virus spreading in China rose and more cases were reported around the world. Federal Reserve Chairman Jerome Powell acknowled...

Nitol Insurance declares 15pc cash div

FE Online Report January 30, 2020 11:50:21

The board of directors of Nitol Insurance Company Limited has recommended 15 per cent cash dividend for the year ended on December 31, 2019. The final approval of dividend will come during the annu...

Stocks post modest gain at opening

FE Online Report January 30, 2020 11:46:45

Stocks posted a marginal gain in early hours of trading on Thursday as investors mostly followed cautious stance amid ongoing earnings declaration. Following the previous day’s mild correction,...

Finance Minister asks Padma Bank to go public

FE Report January 30, 2020 10:53:10

Finance Minister AHM Mustafa Kamal on Tuesday suggested the Padma Bank Ltd to get listed on stock market as the bank has been doing well in recent time overcoming the initial crisis. "As the bank is...

Stocks slip into red as GP, BATBC drops

FE Online Report January 29, 2020 16:24:49

Stocks slipped back into the red on Wednesday, after a single-day break, as cautious investors went on selling on sector-wise large-cap issues. DSEX, the prime index of the Dhaka Stock Exchange (DSE)...

Marico declares 300pc interim cash div

FE Online Report January 29, 2020 13:50:37

The board of directors of Marico Bangladesh has declared 300 per cent interim cash dividend for the year ending on March 31, 2020 based on nine months financials for the period ended on December 31, 2...

Stocks fall as pessimism grips market

FE Online Report January 29, 2020 13:49:45

Stocks witnessed downward trend in early hours of trading on Wednesday as investors mostly followed cautious stance. Following the previous day’s modest gain, the Dhaka Stock Exchange (DSE) and...

Directors of two cos face music

FE Report January 29, 2020 13:41:05

The securities regulator on Tuesday fined directors of two companies - Aman Feed and Regent Textile Mills-for breaching a number of securities rules. The BSEC also approved the corporate governance c...

Stocks post modest gain on MNCs

FE Online Report January 28, 2020 16:20:11

Stocks posted a marginal gain on Tuesday, after a single-day break, as investors showed their buying binge on selective multinational companies. DSEX, the prime index of the Dhaka Stock Exchange, wen...

Coronavirus infects Asia stocks with exposure to China

Reuters January 28, 2020 13:38:44

Shares of companies highly exposed to China’s economy tumbled across Asia on Tuesday on rising concern about the impact of global travel bans associated with a new virus outbreak, and even as so...

GP declares 40pc final cash div

FE Online Report January 28, 2020 12:18:12

The board of directors of Grameenphone has recommended 40 per cent final cash dividend (i.e. total 130 per cent cash dividend for the year ended on December 31, 2019, said an official disclosure on Tu...