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The Financial Express

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DSE, CSE inch up amid cautious trading

DSE, CSE inch up amid cautious trading

FE Online Report 2019-05-15 11:37:33

The prices of most of the shares on bourses saw positive trend in early trading on Wednesday as some investors showed their buying appetite on sector-wise issues. Following the previous three days&...

'Block Module' to strictly reinforce declarations on transferring shares

'Block Module' to strictly reinforce declarations on transferring shares

Mohammad Mufazzal 2019-05-15 11:03:19

The securities regulator has approved a 'Block Module' introduced to strictly reinforce the mandatory declarations required in case of transferring shares of listed companies and units of mutual funds...

IDLC 'managing capital mkt exposure prudently', says official

IDLC 'managing capital mkt exposure prudently', says official

FE Desk Report 2019-05-15 11:00:48

IDLC Finance Limited reported net profit after tax of BDT 558 million in the first quarter of 2019, posting a 1.42 per cent growth from the same period last year. Earnings per share stood at BDT 1.48...

SZSE launches market coordination mechanism with DSE

SZSE launches market coordination mechanism with DSE

FE Report 2019-05-15 10:56:38

Shenzhen Stock Exchange (SZSE) has launched the market coordination mechanism with Dhaka Stock Exchange (DSE) under the strategic investment agreement. At a seminar titled '2nd China-Bangladesh Capit...

Govt bond yield rises sharply

Govt bond yield rises sharply

Siddique Islam 2019-05-15 09:45:35

Yield on government treasury bonds (T-bonds) increased significantly on Tuesday following an upward trend in interest rates particularly on bank deposits. High yield on the government securities may...

Bangladesh urges India to withdraw anti-dumping duty

Bangladesh urges India to withdraw anti-dumping duty

-- 2019-05-14 19:25:42

Bangladesh has urged India to withdraw the anti-dumping duty imposed on Bangladeshi products in its market. Commerce Minister Tipu Munshi raised the issue during his meeting with Indian counterpart S...

DSE daily turnover dips to 14-month low

DSE daily turnover dips to 14-month low

FE Online Report 2019-05-14 17:42:33

Stocks kept their losing streak with daily trade turnover on the prime bourse dipped to 14 months low on Tuesday as investors were mostly reluctant to make fresh investment in stocks. Market analysts...

Stocks see downturn amid sluggish turnover

Stocks see downturn amid sluggish turnover

FE Online Report 2019-05-14 11:49:14

The prices of most of the shares on bourses witnessed downward trend in early trading on Tuesday as risk-averse investors continued their selling binge. Following the previous day’s fall, the D...

Ten most-traded cos snare one-fourth turnover

Ten most-traded cos snare one-fourth turnover

FE Report 2019-05-14 10:39:17

Ten most-traded companies captured one-fourth transaction of the Dhaka Stock Exchange (DSE) Monday while Fortune Shoes topped the chart for the six straight sessions. Market analysts said investors...

Bangladesh seeks to forge strong economic ties with EEU

Bangladesh seeks to forge strong economic ties with EEU

Syful Islam 2019-05-14 10:38:37

Bangladesh and the Eurasian Economic Commission (EEC) are set to sign an agreement on cooperation in 21 sectors to facilitate bilateral trade and economic development. Commerce Minister Tipu Munshi...

Govt borrowing from banks to pick up soon

Govt borrowing from banks to pick up soon

Siddique Islam 2019-05-14 09:29:25

The government's bank borrowing is set to pick up significantly in May following revenue target shortfall in recent months, officials and bankers said. Faster execution of Annual Development Programm...

MCCI lists banking sector as a major risk to economy

MCCI lists banking sector as a major risk to economy

FE Report 2019-05-14 09:21:21

The Metropolitan Chamber of Commerce and Industry (MCCI), Dhaka has identified the present situation in the banking sector as one of the biggest risks to the economy and called for the central bank's...

Poverty rate in Bangladesh drops to 21.8pc

Poverty rate in Bangladesh drops to 21.8pc

-- 2019-05-13 18:23:21

The country’s poverty rate came down at 21.8 per cent in 2018, according to the latest data of the Bangladesh Bureau of Statistics (BBS). Meanwhile the poverty rate, as per the lower poverty li...

Stocks keep losing amid low turnover

Stocks keep losing amid low turnover

FE Online Report 2019-05-13 17:53:05

Stocks continued the losing streak for the second day in a row on Monday as shaky investors continued binge selling on sector-wise shares. Market analysts said the financial sector remained volatile...

DSE to unearth reasons for ACI subsidiary's loss

DSE to unearth reasons for ACI subsidiary's loss

FE Report 2019-05-13 11:02:23

The country's premier bourse has asked its chief regulatory officer (CRO) to submit a report by probing into the reasons of chronic loss of Swapno, a subsidiary of ACI Limited. The concerned committe...

Two cos to raise capital through SME Platform

Two cos to raise capital through SME Platform

FE Report 2019-05-13 10:58:07

Two small cap companies namely Krishibid Seed and Annex Suites have taken initiatives to raise capital through SME Platform of the country's premier bourse. As part of the process of raising capital,...

'All exports to get same incentives in budget'

'All exports to get same incentives in budget'

FE Report 2019-05-13 10:51:55

All export-oriented sectors will get incentive benefits, similar to ready-made garments (RMG), from the next financial year (FY), 2019-20, to ensure diversification in the country's exports, Prime M...

Ten most-traded companies capture 30pc turnover

Ten most-traded companies capture 30pc turnover

FE Report 2019-05-13 10:46:41

Ten most-traded companies captured more than 30 per cent transaction of the Dhaka Stock Exchange (DSE) Sunday while Fortune Shoes topped the chart for fifth straight session. Market analysts said inv...

EIs under watch to check abuse of IPO quota

EIs under watch to check abuse of IPO quota

FE Report 2019-05-13 10:43:41

The securities regulator is set to redefine the categories of eligible investors (EIs) to check the abuse of IPO (initial public offering) quota system. To this end, the Bangladesh Securities and Exc...

Two more mutual funds declare 8.0pc cash dividend

Two more mutual funds declare 8.0pc cash dividend

FE Online Report 2019-05-12 20:22:51

The Trustee Board of two more mutual funds -- the AIBL 1st Islamic Mutual Fund and MBL 1st Mutual Fund -- have declared 8.0 per cent cash dividend each based on the net income for the year ended March...

Stocks slip into red after bumpy ride

Stocks slip into red after bumpy ride

FE Online Report 2019-05-12 16:50:58

Stocks slipped back into the red on Sunday, after a single-session break, as investors booked profits with cautious positioning. Analysts said the market finished nearly flat as a section of investor...

Islamic Finance to issue Tk 3.0b bond

Islamic Finance to issue Tk 3.0b bond

FE Online Report 2019-05-12 11:24:03

The board of directors of Islamic Finance & Investment has decided to issue IFIL Mudaraba non-convertible fully redeemable subordinated bond of Tk 3.0 billion, said an official disclosure on Sunda...

Stocks witness upward trend in early trading

Stocks witness upward trend in early trading

FE Online Report 2019-05-12 11:21:34

The prices of most of the shares on both bourses saw an upward trend in early trading on Sunday as investors were showing appetite on sector-wise shares following government measures. Following the p...

Uttara Finance recommends 20pc cash dividend

Uttara Finance recommends 20pc cash dividend

FE Online Report 2019-05-12 11:14:13

The board of directors of Uttara Finance and Investments has recommended 20 per cent cash dividend for the year ended on December 31, 2018. The final approval of the dividend will come during the ann...

Raw materials price hike takes a toll on net profit of Premier Cement

Raw materials price hike takes a toll on net profit of Premier Cement

Mohammad Mufazzal 2019-05-12 11:08:32

The net profit of Premier Cement Mills declined moderately for the fiscal year (FY) 2018 compared to previous year due to various reasons including the increased cost of raw materials. The company re...

Jobs in ME countries post over 17pc fall in four months

Jobs in ME countries post over 17pc fall in four months

FE Report 2019-05-12 09:40:49

The country saw a fall in overseas employment by more than 17 per cent in the first four months of the current calendar year following a cut in recruitment by Middle Eastern (ME) nations, official sta...

Weekly analysis: Stocks retreat after one-week rise

Weekly analysis: Stocks retreat after one-week rise

Babul Barman 2019-05-11 10:25:43

Even as the government took some market-supportive measures, stocks slipped back into the red in the outgoing week after a one-week break. Thursday was the last trading day of the week. Market analy...

Ten most-traded cos grab 28pc of weekly turnover

Ten most-traded cos grab 28pc of weekly turnover

FE Report 2019-05-11 10:22:36

The ten most-traded companies accounted for nearly 28 per cent transactions on the Dhaka Stock Exchange (DSE) in the outgoing week, with Fortune Shoes making it to the top of the list for the second s...

Higher import payments strain forex reserves

Higher import payments strain forex reserves

Siddique Islam 2019-05-11 09:48:10

The country's foreign exchange reserves have come under pressure after higher external payments against import of oil and construction materials for mega projects. The reserves shrank on Wednesday af...

Railway to get record high allocation in next ADP

Railway to get record high allocation in next ADP

FHM Humayan Kabir 2019-05-11 09:47:11

Bangladesh Railway (BR) is going to receive a record high fund allocation in the next development budget as the quality of its service has been on the decline, insiders said Friday. They said despi...