The Financial Express

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Profit booking drags markets lower

FE Online Report 2019-06-12 16:02:39

Stocks slipped into the red on Wednesday, breaking an eight-day gaining streak, as some investors booked quick-profit on sector-wise shares. Market analysts said stocks returned to the red as a secti...

Silco Pharmaceuticals to make debut Thursday

FE Online Report 2019-06-12 12:03:41

Silco Pharmaceuticals Limited will make its share trading debut on Thursday on the bourses under ‘N’ category, officials said. The Silco Pharma raised a fund worth Tk 300 million by float...

Stocks see correction in early trading

FE Online Report 2019-06-12 11:58:18

Stocks see marginal correction in early trading on Wednesday as some investors are booking profits on recent surge. Following the previous eight days’ gain, the Dhaka Stock Exchange (DSE) and...

Benapole port earns Tk 51.85b revenue in FY19

-- 2019-06-12 11:31:35

Benapole port has earned Tk 51.85 billion revenue in the current fiscal year, said Mamunur Rahman, Deputy Director of Benapole Port Authority. A record quantity of goods was imported from India in th...

Ten cos snare 25pc transactions on DSE

FE Report 2019-06-12 11:03:57

Ten most traded companies accounted for 25 per cent of transactions on the Dhaka Stock Exchange (DSE) on Tuesday, with the United Power Generation & Distribution Company making it to the top of th...

BB set to form body to offer ways to cut NPLs

Siddique Islam 2019-06-12 09:47:04

The central bank has decided to form a high-powered committee to recommend measures for reducing the volume of classified loans in the country's banking system. The decision was taken at an emergency...

'Govt should pay Tk 5,000 as compensation to each affected farmer'

-- 2019-06-11 19:10:44

The Centre for Policy Dialogue (CPD) has suggested the government give Taka 5,000 in compensation to each of the farmers, who did not get the desired price of their paddy this season. The independent...

Macroeconomics under pressure: CPD

-- 2019-06-11 18:16:01

The country's macroeconomics is currently under pressure, claimed Dr Debapriya Bhattacharya, distinguished fellow of Centre for Policy Dialogue (CPD) on Tuesday. He attributed the problem to revenue...

Stocks extend gains on budgetary hope

FE Online Report 2019-06-11 15:56:58

Stocks extended the gaining on Tuesday, with turnover hitting nearly three- month high, as investors continued to show their buying appetite on large-cap stocks amid budgetary expectations. Market an...

Stocks open higher on budgetary hope

FE Online Report 2019-06-11 11:42:18

Stocks witnessed upward trend in early hour of trading on Tuesday as investors continued to show their buying spree on sector-wise shares ahead of national budget. Following the previous day’s...

RMG sector posts 12.82pc rise in 11 months

-- 2019-06-11 11:12:04

The country’s export earnings from Ready-Made Garment (RMG) sector earned $31.73 billion in the first 11 months of the fiscal (July to May), up 12.82 per cent from the corresponding period of th...

Prices of Eastern Cables, National Life Ins soar

FE Report 2019-06-11 10:45:09

The share prices of Eastern Cables and National Life Insurance Company rose up to 40 per cent in recent time though there was no undisclosed price sensitive information. Eastern Cables incurred loss...

United Power tops transaction chart

FE Report 2019-06-11 10:43:01

Ten most-traded firms grabbed one-fifth transaction of the DSE Monday while United Power topped the chart. Market analysts said investors were active on United Power Generation & Distribution Com...

Stocks keep gaining on budget hope

FE Online Report 2019-06-10 16:01:06

Stocks extended the gaining Monday, with turnover hitting one month high, as investors continued to show their buying appetite on large-cap stocks amid budgetary expectations. Market analysts said st...

DSE, CSE open on upbeat note

FE Online Report 2019-06-10 12:15:43

Stocks witnessed upward trend in early hour of trading on Monday as investors showed their buying spree on sector-wise issues. Following the previous day’s upward trend, the Dhaka Stock Excha...

BSEC seeks opinion on public issue rules

FE Report 2019-06-10 10:45:14

The securities regulator has sought public opinion on the draft amendment to the public issue rules. The Bangladesh Securities and Exchange Commission (BSEC) will receive public opinion till June 17....

Tax receipts from DSE dip 76pc in May

FE Report 2019-06-10 10:43:28

The government's revenue earnings from the Dhaka Stock Exchange (DSE) plunged 76 per cent month-on-month in May this year on the back of falling trade volume and value. The government collected reven...

Ten most-traded cos grab 30pc of DSE turnover

FE Report 2019-06-10 10:41:12

Ten most-traded firms grabbed 30 per cent transaction of the Dhaka Stock Exchange (DSE) Sunday while National Life Insurance Company topped the chart. National Life Insurance dominated the turnove...

Brexit uncertainty poses risk for BD economy

FE Report 2019-06-10 09:34:53

The Brexit uncertainty poses a "risk" to South Asian economies including Bangladesh due to having generalised system of preferences (GSP) with the European Union (EU) and a significant export to the U...

Bank borrowing to grow as revenue shortfall weighs in

Siddique Islam 2019-06-10 09:27:32

The government's bank borrowing is set to rise further in June as the execution of the Annual Development Programme (ADP) gained momentum, but revenue collection fell short of target. The authorities...

Stocks end post-Eid session higher

FE Online Report 2019-06-09 16:18:35

Stocks ended higher on Sunday, the first session after nine-day Eid holidays, as investors showed their buying appetite on large-cap stocks. Trading and official activities on the bourses remained cl...

DSE opens post-Eid session higher

FE Online Report 2019-06-09 11:26:15

Dhaka stocks witnessed an upward trend in early hour of trading on Sunday, the opening session after nine-day Eid holiday, as investors were showing their buying spree on sector-wise issues. Bourses...

40 companies to hold AGMs this month

FE Report 2019-06-09 10:04:29

Some 40 listed companies will hold their annual general meetings (AGMs) within this month to approve their dividends, among others, recommended for the year ended on December 31, 2018. The banks whic...

Little progress in tapping blue economy potentials

Mir Mostafizur Rahaman 2019-06-09 09:10:39

Bangladesh appears to have made little progress in exploiting its "huge" blue economy potentials, according to a recent report. The contribution of the ocean economy to the total economy was 3.66 per...

Initial delay dogs ADP

Doulot Akter Mala 2019-06-09 09:06:39

Planning ministry has identified major impediments that slow down the execution of projects under the Annual Development Programme (ADP). The Implementation, Monitoring and Evaluation Division (IMED)...

Private external debt drops for first time in nine years

FE Online Report 2019-06-08 19:14:30

Private commercial external debt dropped slightly by 0.86 per cent in the past year to US$ 12.17 billion from $12.28 billion in 2017. Central bank statistics also showed that this is first tim...

Trading on bourses resumes tomorrow

FE Report 2019-06-08 14:37:53

Trading and official activities of the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) will resume tomorrow (Sunday) after a nine-day Eid vacation. The trading on the bourses will...

BD to gain $367 million in export from no-deal Brexit

FE Online Report 2019-06-08 12:08:58

Bangladesh is likely to gain US$367 million in terms of its export if there is no-deal Brexit, according to a research report of the United Nations Conference on Trade and Development (UNCTAD). The a...

BD, EEU to form working group to boost trade, economic cooperation

-- 2019-06-07 19:45:01

Bangladesh and Eurasian Economic Commission (EEC) have agreed to establish a working group to develop identified 19 sectors to boost trade and economic cooperation between Bangladesh and the Eurasian...

BD 14th in global Islamic economic index

FE Online Report 2019-06-06 16:08:22

Bangladesh ranked 14th in the Global Islamic Economic Indicator (GIEI), according to an international index prepared to review the Islamic economic situation in 2017. Malaysia topped the index follow...