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The Financial Express

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Weekly analysis: Bearish spell continues for 3rd straight week

Weekly analysis: Bearish spell continues for 3rd straight week

Babul Barman 2019-07-20 10:33:20

Stocks witnessed yet another bearish week that ended on Thursday, extending the losing streak for the third straight week, as most investors moved to the sidelines, demonstrating low level of confid...

Fortune tops weekly turnover chart

Fortune tops weekly turnover chart

FE Report 2019-07-20 10:30:36

Ten most traded companies accounted for 24 per cent transactions on the Dhaka Stock Exchange (DSE) in the outgoing week, with the Fortune Shoes making it to the top of the turnover list. Market ins...

Ten cos account for 36pc transactions on DSE

Ten cos account for 36pc transactions on DSE

FE Report 2019-07-19 10:36:56

Ten most traded companies accounted for 36 per cent transactions on the Dhaka Stock Exchange (DSE) on Thursday, with the Fortune Shoes bagging the top spot on the turnover chart for the second straigh...

Berger EPS up 50.47pc

Berger EPS up 50.47pc

FE Report 2019-07-19 10:34:46

The consolidated earnings per share (EPS) (un-audited) of Berger Paints Bangladesh rose 50.47 per cent in April-June quarter year on year. The multinational company's consolidated EPS was Tk 11.12...

Kamal assails investors seeking quick gains

Kamal assails investors seeking quick gains

FE Report 2019-07-19 09:55:26

Finance minister AHM Mustafa Kamal launched a vitriolic attack on stock market investors who tend to gain quickly rather than making long-term investment. "Our investors want to make profit only. The...

Revenue officials greet DCs' offer  with concern

Revenue officials greet DCs' offer with concern

FE Report 2019-07-19 09:44:43

The revenue officials have strongly opposed the recent proposal of the deputy commissioners (DCs) under administration cadre to involve them in the government's tax revenue collection process. Both B...

Stocks slip into red following bumpy ride

Stocks slip into red following bumpy ride

FE Online Report 2019-07-18 17:17:33

Stocks slipped into the red on Thursday after two positive sessions, as investors mostly followed cautious stance.  Market analysts said most of the investors maintained their cautious stance ah...

PFC accounts can be used to make import payment

PFC accounts can be used to make import payment

FE Report 2019-07-18 11:43:41

The central bank has allowed Private Foreign Currency (PFC) account-holders to use their accounts' balance for making import payment obligations, officials said. "….funds from PFC accounts may...

Berger’s EPS climbs 50.47pc in Apr-June quarter

Berger’s EPS climbs 50.47pc in Apr-June quarter

FE Online Report 2019-07-18 11:38:38

The consolidated earnings per share (EPS) (un-audited) of Berger Paints Bangladesh rose 50.47 per cent in April-June, 2019 quarter compared to the same quarter a year ago. The multinational company...

Stocks fall as investors take cautious stance

Stocks fall as investors take cautious stance

FE Online Reports 2019-07-18 11:37:21

Stocks witnessed downward trend in early hours of trading on Thursday as investors mostly followed cautious stance. Following the previous two days’ marginal gain, the Dhaka Stock Exchange (DSE...

BSEC revises auditors' panel for listed companies

BSEC revises auditors' panel for listed companies

FE Report 2019-07-18 10:27:36

The securities regulator on Tuesday approved and published the revised auditors' panel list for the listed companies, dropping Ahmad & Akhtar Chartered Accountants from the list. According to t...

DSE rearranges DS30 Index

DSE rearranges DS30 Index

FE Report 2019-07-18 10:26:16

The Dhaka Stock Exchange (DSE) has rearranged its blue chip index (DS30) as part of its semi-annual rebalancing of indices. After the rebalancing of DS30, carried out as per the criteria set by S&amp...

Fortune Shoes tops turnover chart

Fortune Shoes tops turnover chart

FE Report 2019-07-18 10:23:52

Ten most traded companies accounted for 28 per cent transactions on the Dhaka Stock Exchange (DSE) on Wednesday, with the Fortune Shoes bagging the top spot on the turnover chart. Market insiders s...

Robust financial sector can be fourth driver of BD economy: ADB

Robust financial sector can be fourth driver of BD economy: ADB

-- 2019-07-17 19:11:26

Bangladesh needs to be serious to get the fourth pillar for its growing economy giving much importance to financial sector development to successfully make the country one of the top 20 economies of t...

Stocks keep gaining amid choppy trading

Stocks keep gaining amid choppy trading

FE Online Report 2019-07-17 16:18:08

Stocks posted marginal gain for the second straight session on Wednesday amid volatile trading. Market analysts said despite the market edged up, most of the investors remained cautious ahead of earn...

Stocks rise amid low turnover at opening

Stocks rise amid low turnover at opening

FE Online Reports 2019-07-17 11:32:10

Stocks witnessed positive trend in early hours of trading on Wednesday as investors showed their buying spree on sector-wise shares. Following the previous day’s steep decline, the Dhaka Stock...

Sea Pearl Beach Resort jumps 261pc on DSE trading debut

Sea Pearl Beach Resort jumps 261pc on DSE trading debut

FE Report 2019-07-17 10:46:33

Sea Pearl Beach Resort & Spa Ltd. made a flying trading debut on both the bourses on Tuesday as its share price jumped as high as 261 per cent riding on the investors' 'irrational hype' over the n...

BSEC approves draft prospectus of new mutual fund

BSEC approves draft prospectus of new mutual fund

FE Report 2019-07-17 10:44:47

The securities regulator has approved the draft prospectus of an open-ended mutual fund, Capitec Popular Life Unit Fund, with an initial target size of Tk 250 million. The approval came at a meeting...

Import growth 6.0pc in July-May of FY '19

Import growth 6.0pc in July-May of FY '19

FE Report 2019-07-17 10:12:24

Country's imports grew by nearly 6.0 per cent in the first 11 months of fiscal year (FY) 2018-19, riding on higher construction material imports, officials said. The actual import in terms of the set...

BD gets $6.21b foreign aid, $9.78b pledged in FY ‘19

BD gets $6.21b foreign aid, $9.78b pledged in FY ‘19

FHM Humayan Kabir 2019-07-17 09:57:13

Bangladesh received foreign assistance amounting to US$ 6.21 billion in the last fiscal year (FY), 2018-19, which was nearly $150 million lower than that of the previous fiscal, official data showed o...

DSE, CSE break seven-day losing streak

DSE, CSE break seven-day losing streak

FE Online Report 2019-07-16 16:20:17

Stocks returned to the green on Tuesday, spanning a seven-day losing streak, as investors rushed to take positions in low-priced securities. DSEX, the prime index of the Dhaka Stock Exchange (DSE),...

ECNEC approves eight projects worth Tk 51.42b

ECNEC approves eight projects worth Tk 51.42b

-- 2019-07-16 16:07:31

The Executive Committee of the National Economic Council (ECNEC) has approved eight projects involving an estimated cost of Tk 51.42 billion. Among the nine projects, the ECNEC approved Tk 26.06 bill...

Stocks witness volatility after 90 minutes of trading

Stocks witness volatility after 90 minutes of trading

FE Online Report 2019-07-16 12:25:25

Stocks witnessed volatile trading after 90 minutes of trading on Tuesday as investors were active both sides of trading fence after dipping 30 months low in the previous day. Following the previous d...

Malaysia to lift moratorium on Bangladeshi workers soon

Malaysia to lift moratorium on Bangladeshi workers soon

FE Online Desk 2019-07-16 11:35:58

Malaysia is expected to lift the moratorium on Bangladeshi workers next month, according to the Southeast Asian country's Human Resources Minister M Kulasegaran. "I hope we can conclude within one or...

Sea Pearl Beach makes trading debut today

Sea Pearl Beach makes trading debut today

FE Report 2019-07-16 10:39:05

Sea Pearl Beach Resort & Spa Ltd. makes its share trading debut under 'N' category on both the bourses today (Tuesday), officials said. The Sea Pearl Beach, the owner of "Royal Tulip Sea Pearl Be...

Ten companies grab 24pc transactions

Ten companies grab 24pc transactions

FE Report 2019-07-16 10:37:40

Ten most traded companies accounted for 24 per cent transactions on the Dhaka Stock Exchange (DSE) on Monday, with the Grameenphone (GP) making it to the top of the turnover list. Market analysts s...

PPP Office seeks a host of tax benefits for new areas

PPP Office seeks a host of tax benefits for new areas

Doulot Akter Mala 2019-07-16 09:43:31

The Public Private Partnership (PPP) Authority has sought tax benefits for some new areas to help attract private investors, officials said. The agency, under the Prime Minister's Office (PMO), has r...

China-BD joint venture company to invest $1.46m in Ishwardi EPZ

China-BD joint venture company to invest $1.46m in Ishwardi EPZ

-- 2019-07-15 17:00:16

A China-Bangladesh joint venture company, M/S Golden Ocean Limited, will invest $1.46 million to establish a garment accessories industry in Ishwardi Export Processing Zone. In this regard, Banglades...

DSEX slumps to 30-month low amid panic sell-offs

DSEX slumps to 30-month low amid panic sell-offs

FE Online Report 2019-07-15 16:09:41

The prime index of the Dhaka Stock Exchange (DSE) tumbled to more than 30 months low on Monday as worried investors continued their selling binge fearing further fall. DSEX, the prime index of the DS...

Sea Pearl Beach makes debut Tuesday

Sea Pearl Beach makes debut Tuesday

FE Online Report 2019-07-15 11:52:42

Sea Pearl Beach Resort & Spa Limited will make its share trading debut tomorrow (Tuesday) on the bourses under ‘N’ category, officials said. The Sea Pearl Beach (The owner of &ldquo...