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The Financial Express

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Stocks see marginal rise

Stocks see marginal rise

FE ONLINE REPORT 2021-03-15 12:19:54

Stocks posted a marginal gain at the opening on Monday after the previous day’s sharp decline as bargain hunters showed their appetite on sector-wise issues. Within the first hour of trading, t...

Agrani Insurance declares 5.0pc cash, 5.0pc stock dividend

Agrani Insurance declares 5.0pc cash, 5.0pc stock dividend

FE ONLINE REPORT 2021-03-15 10:52:16

The board of directors of Agrani Insurance Company has recommended 5.0 per cent cash and 5.0 per cent stock dividend for the year ended on December 31, 2020. The final approval of the dividend will c...

Index Agro IPO lottery draw on March 22

Index Agro IPO lottery draw on March 22

-- 2021-03-15 09:30:40

Index Agro Industries, the poultry and fish feed producer, is set to hold its initial public offering (IPO) lottery draw on March 22 to allocate IPO shares. Index Agro Industries, which received IPO...

Securities regulator exerting control over market, Chairman tells FE

Securities regulator exerting control over market, Chairman tells FE

MOHAMMAD MUFAZZAL 2021-03-15 09:06:15

The securities regulator is working independently without facing pressures or entertaining undue demands from any quarter, its head says. Instead, "Our control over the market is increasing day by da...

Stocks plummet on Sunday with lower turnover

Stocks plummet on Sunday with lower turnover

FE ONLINE REPORT 2021-03-14 16:04:06

Stocks plummeted on Sunday with lower turnover as risk-averse investors opted for booking profits on quick-gaining stocks. The market started on a flat note before ending lower as most of the investo...

Stocks open week on flat note

Stocks open week on flat note

FE ONLINE REPORT 2021-03-14 11:39:10

Stocks started the week on a flat note on Sunday amid volatile trading as investors mostly followed a cautious stance. Following the previous two weeks’ moderate gain, the Dhaka Stock Exchange...

JCI Dhaka Independent starts journey to assist young entrepreneurs

JCI Dhaka Independent starts journey to assist young entrepreneurs

FE REPORT 2021-03-14 09:33:21

A new chapter of Junior Chamber International (JCI) styled 'JCI Dhaka Independent' was launched on Saturday with the mission to provide development opportunities for young professionals and entreprene...

BSEC chairman hopeful about major changes in stock market in two years

BSEC chairman hopeful about major changes in stock market in two years

FE ONLINE DESK 2021-03-13 20:46:21

Bangladesh Securities and Exchange Commission (BSEC) Chairman Prof Shibli Rubayat-Ul-Islam is hopeful of bringing a major changes in the stock market of the country within next two years. "We have ta...

China's Ant Group CEO leaves after failed IPO prompts revamp

China's Ant Group CEO leaves after failed IPO prompts revamp

Reuters 2021-03-13 11:28:55

China’s Ant Group Chief Executive Officer Simon Hu has unexpectedly resigned amid a regulatory-driven overhaul of the financial technology giant’s business, the first top management exit s...

Mercantile Bank declares 10pc cash, 5.0pc stock dividend

Mercantile Bank declares 10pc cash, 5.0pc stock dividend

FE REPORT 2021-03-13 09:59:42

The board of directors of Mercantile Bank Ltd has recommended 10 per cent cash and 5.0 per cent stock dividend for the year ended on December 31, 2020. The final approval of the dividend will come du...

AMC Entertainment bets on new movie releases

AMC Entertainment bets on new movie releases

-- 2021-03-12 09:20:43

AMC Entertainment Holdings Inc has said the roll-out of COVID-19 vaccines and the release of major movies, including Walt Disney Co’s “Black Widow”, would boost sales this year, send...

SoftBank-backed Coupang surges to over $100b valuation in debut

SoftBank-backed Coupang surges to over $100b valuation in debut

-- 2021-03-12 09:13:47

SoftBank Group Corp-backed Coupang was valued at around $109 billion in its market debut on Thursday after South Korea’s largest e-commerce company raised around $4.6 billion in the biggest US i...

Stocks inch higher after bumpy ride

Stocks inch higher after bumpy ride

FE Online Report 2021-03-11 17:22:22

Stocks posted a marginal gain on Thursday after high volatility as investors were active on both sides of the trading fence amid ongoing corporate declarations of December-end companies. The market m...

LankaBangla Finance declares 12pc cash dividend

LankaBangla Finance declares 12pc cash dividend

FE ONLINE REPORT 2021-03-11 12:03:02

The board of directors of LankaBangla Finance has recommended 12 per cent cash dividend for the year ended on December 31, 2020. The annual general meeting (AGM) will be held on April 29 at 11:00 am...

Stocks inch higher amid volatility

Stocks inch higher amid volatility

FE ONLINE REPORT 2021-03-11 11:24:25

Stocks inched higher on Thursday with volatility as investors were active on both sides of the trading fence. Following the previous two days’ moderate correction, the Dhaka Stock Exchange and...

Two insurers declare dividend for 2020

Two insurers declare dividend for 2020

FE Online Report 2021-03-11 11:13:49

The board of directors of two insurance companies – Reliance Insurance and United Insurance – have recommended dividends for the year ended on December 31, 2020, according to separate offi...

Shahjalal Islami Bank declares 12pc dividend

Shahjalal Islami Bank declares 12pc dividend

FE ONLINE REPORT 2021-03-11 10:33:41

The board of directors of Shahjalal Islami Bank has recommended 7.0 per cent cash and 5.0 per cent stock dividend for the year ended on December 31, 2020. The annual general meeting (AGM) will be hel...

Desh Insurance publishes IPO lottery results

Desh Insurance publishes IPO lottery results

FE REPORT 2021-03-11 10:11:29

Desh General Insurance will allocate 16 million ordinary shares among the successful applicants as the company's IPO lottery draw was held Wednesday. The initial public offering (IPO) lottery event...

Securities regulator for introducing e-voting system

Securities regulator for introducing e-voting system

FE Report 2021-03-11 10:09:33

The securities regulator has asked the listed companies to introduce e-voting system apart from existing physical system of casting votes by the shareholders at general meetings. To this effect, th...

Stocks post marginally lower for second straight session on Wednesday

Stocks post marginally lower for second straight session on Wednesday

FE ONLINE REPORT 2021-03-10 16:31:03

Stocks posted marginally lower for the second straight session on Wednesday as risk-averse investors opted for booking profits on quick-gaining stocks. DSEX, the prime index of the Dhaka Stock Exchan...

Tesla lifts off, rockets toward best day since 2013

Tesla lifts off, rockets toward best day since 2013

-- 2021-03-10 13:42:46

Shares of electric vehicle maker Tesla Inc surged nearly 20 per cent on Tuesday, rebounding from a deep selloff with its largest daily gain in a year after data showed an increase in China sales and a...

Stocks fall marginally at opening

Stocks fall marginally at opening

FE ONLINE REPORT 2021-03-10 12:07:05

Stocks witnessed a downward trend in early trading on Wednesday as risk-averse investors opted for booking profits on the quick-gaining stocks. Following the previous day’s marginal correction,...

GameStop shares soar more than 20pc

GameStop shares soar more than 20pc

-- 2021-03-10 11:43:09

Shares of GameStop jumped on Tuesday for the fifth straight day, as the meme stock rally that began earlier this year got more juice on news about the video game retailer’s e-commerce strategy a...

IPO quota for general investors to be enhanced

IPO quota for general investors to be enhanced

FE Report 2021-03-10 09:31:44

The securities regulator is set to enhance the IPO quota for general investors aiming to facilitate their greater access to such facility. To this effect, the Bangladesh Securities and Exchange Commi...

Stock market regulator, central bank parley on March 15

Stock market regulator, central bank parley on March 15

FE REPORT 2021-03-10 09:29:28

The securities regulator will hold a meeting with a delegation of the Bangladesh Bank (BB) on March 15 to ensure more coordination between the regulatory bodies for the sake of the capital market. Th...

Stocks slip into red on Tuesday snapping three-day winning streak

Stocks slip into red on Tuesday snapping three-day winning streak

FE ONLINE REPORT 2021-03-09 16:09:09

Stocks slipped into the red on Tuesday, snapping a three-day winning streak, as risk-averse investors opted for booking profits on quick-gaining stocks. The market moved between positive and negative...

Golden Harvest to enter fast growing E-commerce business

Golden Harvest to enter fast growing E-commerce business

FE ONLINE REPORT 2021-03-09 11:32:36

The board of directors of Golden Harvest Agro Industries, a listed company in the stock market, has decided to invest in the fast-growing E-commerce sector. Under the E-commerce sector business, Gold...

Stocks down marginally at opening

Stocks down marginally at opening

FE ONLINE REPORT 2021-03-09 11:24:29

Stocks witnessed a downward trend in early trading on Tuesday as risk-averse investors opted for booking profits on the quick-gaining stocks. However, Lub-rref (Bangladesh), a local lubricant produce...

Tesla loses more than $244b in a month

Tesla loses more than $244b in a month

-- 2021-03-09 10:21:45

Shares of Tesla Inc closed lower for a fifth consecutive session on Monday, caught in a tech-led selloff that has wiped more than $277 billion off the company’s market value over the last month....

Lub-rref's profit climbs 13pc in July-December

Lub-rref's profit climbs 13pc in July-December

FE REPORT 2021-03-09 09:09:09

Lub-rref (Bangladesh), a local lubricant producer, posted higher profits for the July-December period of 2020 just before its debut on the stock market. Lub-rref logged profits of Tk 86.61 million fo...