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The Financial Express

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Weekly review: Stocks end flat after volatile trading

Weekly review: Stocks end flat after volatile trading

Babul Barman 2019-10-26 11:54:53

Stocks finished almost flat in the outgoing week that ended on Thursday as investors mostly followed cautious stance amid ongoing volatile market trend. Week on week, DSEX, the prime index of the D...

Money loan courts fail to deliver results

Money loan courts fail to deliver results

FE REPORT 2019-10-26 11:09:44

The money loan courts (Artha Rin Adalat), which were created in 2003 to help expeditious resolution of disputes between banks and their clients over loan repayment, are overburdened. These courts are...

Savings certificates: Automation cuts sales 60pc

Savings certificates: Automation cuts sales 60pc

JASIM UDDIN HAROON 2019-10-26 09:49:21

With sales sliding by nearly 60 per cent, the government measures intended to contain transactions of savings instruments have started making an impact. The sales of four popular savings instruments...

Six more cos declare dividend

Six more cos declare dividend

FE Report 2019-10-25 12:24:08

Six more companies have recommended dividend ranging between 10 per cent and 40 per cent for the year ended on June 30, 2019, according to official disclosures published on Thursday. The companies ar...

Loan defaulters cashing in on BB circular, lawyer tells HC

Loan defaulters cashing in on BB circular, lawyer tells HC

FE REPORT 2019-10-25 11:10:18

In the High Court hearing on a writ petition on Thursday, Advocate Manzill Murshid said 'headstrong loan defaulters' are taking advantage of the circular issued by the Bangladesh Bank. The circular a...

BB to address customers' hassles in account opening

BB to address customers' hassles in account opening

Siddique Islam 2019-10-25 10:36:44

The Bangladesh Bank has sought explanation from 49 banks for the alleged harassment of their customers in opening fresh accounts, officials said. The Bangladesh Financial Intelligence Unit has been i...

Stocks end higher on ICB support

Stocks end higher on ICB support

FE Online Report 2019-10-24 15:37:42

Stocks extended the gaining streak for the second straight session on Thursday as bargain hunters showed their appetite on large-cap shares. Analysts said the market ended higher as the optimistic in...

BD to reach double-digit in ease of doing business by 2022: Salman

BD to reach double-digit in ease of doing business by 2022: Salman

-- 2019-10-24 13:17:01

Bangladesh will secure a place among the top 99 countries in the global ease of doing business rankings by 2022, said Prime Minister’s Private Industry and Investment Adviser Salman Fazlur Rahma...

Monno Stafflers recommends 20pc stock dividend

Monno Stafflers recommends 20pc stock dividend

FE Online Report 2019-10-24 11:55:24

The board of directors of Monno Jute Stafflers Ltd has recommended 20 per cent stock dividend for the year ended on June 30, 2019, said an official disclosure on Thursday. The final approval of divid...

Titas Gas recommends 26pc cash dividend

Titas Gas recommends 26pc cash dividend

FE Online Report 2019-10-24 11:45:03

The board of directors of Titas Gas Transmission and Distribution Company Ltd has recommended 26 per cent cash dividend for the year ended on June 30, 2019, said an official disclosure on Thursday. T...

Three more companies recommend dividend

Three more companies recommend dividend

FE Online report 2019-10-24 11:38:38

The board of directors of three more companies – BBS Cables, Golden Harvest Agro Industries and HR Textile Ltd- have recommended dividend for the year ended on June 30, 2019, according to sepa...

KPCL recommends 40pc dividend

KPCL recommends 40pc dividend

FE Online report 2019-10-24 11:34:17

The board of directors of Khulna Power Company Limited has recommended 40 per cent cash dividend for the year ended on June 30, 2019, said an official disclosure on Thursday. The final approval of...

Stocks edge up; DSEX gains 19 points

Stocks edge up; DSEX gains 19 points

FE Online Report 2019-10-24 11:32:54

Stocks witnessed upward trend in early trading on Thursday as optimistic investors are showing their appetite on lucrative large-cap issues. Following the previous day’s modest gain, the Dhak...

Ten cos snare 28pc turnover on bourse

Ten cos snare 28pc turnover on bourse

FE Report 2019-10-24 10:47:35

Ten most traded companies accounted for nearly 28 per cent of transactions on the Dhaka Stock Exchange (DSE) bourse on Wednesday. Grameenphone (GP) generated the highest turnover. Market analysts sa...

BD moves up eight spots in ease of doing business index

BD moves up eight spots in ease of doing business index

FE ONLINE DESK 2019-10-24 10:42:13

Bangladesh has moved up eight spots to 168 in the World Bank's Ease of Doing Business index 2020. The country's ranking was 176 in the last year, according to a report by the World Bank Group. A tot...

Four more cos recommend dividend up to 49pc

Four more cos recommend dividend up to 49pc

FE Online Report 2019-10-24 10:41:44

Four more listed companies - Square Pharmaceuticals, Square Textile, MJL Bangladesh and Quasem Industries have recommended dividend up to 49 per cent. Square Pharma: The board of directors of Square...

BB privilege for defaulters: ACC submits new statement to HC

BB privilege for defaulters: ACC submits new statement to HC

FE REPORT 2019-10-24 10:37:46

The Anti-Corruption Commission (ACC) on Wednesday submitted a new written statement to the High Court during the hearing on a case filed challenging a central bank circular. The circular allowed defa...

Ailing capital market: Brokers seek Tk 100b lifeline

Ailing capital market: Brokers seek Tk 100b lifeline

MOHAMMAD MUFAZZAL 2019-10-24 10:18:17

Stock brokers are seeking a Tk 100 billion fund from the government to inject new life into the moribund capital market. The intermediaries said they are set to submit their proposal to the finance m...

Stocks post marginal gain after sharp fall

Stocks post marginal gain after sharp fall

FE Online Report 2019-10-23 15:57:41

Stocks ended marginally higher on Wednesday, after suffering a big jolt in the previous day, backed by institutional support. Market analysts said despite the market edged up, most of the investors m...

Square Textile recommends 20pc cash dividend

Square Textile recommends 20pc cash dividend

FE Online Report 2019-10-23 12:00:29

The board of directors of Square Textile Ltd has recommended 20 per cent cash dividend for the year ended on June 30, 2019, officials said. The final approval of dividend will come during the Annual...

MJL BD recommends 45pc cash dividend

MJL BD recommends 45pc cash dividend

FE Online Report 2019-10-23 11:43:59

The board of directors of MJL Bangladesh Ltd has recommended 45 per cent cash dividend for the year ended on June 30, 2019, said an official disclosure on Wednesday. The final approval of dividend wi...

Quasem Industries recommends 12pc div

Quasem Industries recommends 12pc div

FE Online report 2019-10-23 11:28:40

The board of directors of Quasem Industries Limited has recommended 5.0 per cent cash and 7.0 per cent stock dividend for the year ended on June 30, 2019, said an official disclosure on Wednesday....

DSEX dips below 4,700-mark in early trading

DSEX dips below 4,700-mark in early trading

FE Online Report 2019-10-23 11:25:59

The prime index of the Dhaka bourse dipped below 4,700-mark in early trading on Wednesday as investors mostly followed cautious stance amid depressed market outlook. Following the previous day’...

ICB moots unit fund to support stock market

ICB moots unit fund to support stock market

MOHAMMAD MUFAZZAL 2019-10-23 10:33:50

The Investment Corporation of Bangladesh (ICB) has made a move to float another open-ended mutual fund to support the country's stressed capital market. The initiative is part of its continuous marke...

Phenomenal rise in industrial sector NPL

Phenomenal rise in industrial sector NPL

SIDDIQUE ISLAM 2019-10-23 09:59:47

The volume of classified loans, belonging to the industrial sector, jumped by more than 48 per cent in the fiscal year (FY) 2018-19. The main reason for a big leap was attributed mainly to the additi...

Square pharma recommends 49pc dividend

Square pharma recommends 49pc dividend

FE Online Report 2019-10-22 20:37:16

The board of directors of Square Pharmaceuticals has recommended 42 per cent cash and 7.0 per cent stock dividend for the year ended on June 30, 2019, officials said. The final approval of dividend w...

ECNEC approves five projects involving Tk 46.37 billion

ECNEC approves five projects involving Tk 46.37 billion

BSS 2019-10-22 17:09:13

The Executive Committee of the National Economic Council (ECNEC) has approved a total of 5 projects during its meeting on Tuesday involving an overall estimated cost of Tk 46.37 billion. The ECNEC me...

Comprehensive framework to develop bond market drafted

Comprehensive framework to develop bond market drafted

FE Online Report 2019-10-22 15:57:48

A comprehensive framework to develop the country’s bond market has been drafted by a designated working committee. Titled as ‘Comprehensive framework on the development of bond market in...

DSEX sinks to fresh three-year low

DSEX sinks to fresh three-year low

FE Online Report 2019-10-22 15:32:26

The prime index of the Dhaka Stock Exchange (DSE) tumbled to more than three years low on Tuesday as investors dumped their holdings to prevent further losses. DSEX, the prime index of the DSE, plung...

Bangladesh seeks French investment in major sectors

Bangladesh seeks French investment in major sectors

-- 2019-10-22 15:12:39

Foreign Minister Dr AK Abdul Momen has urged French investors to invest in Bangladesh with focus on infrastructure, renewable energy, waste management and ICT sectors.  He made the call when he...