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The Financial Express

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DSEX crosses 6700-mark at opening

DSEX crosses 6700-mark at opening

FE ONLINE REPORT 2022-03-13 11:22:38

The prime index of the Dhaka Stock Exchange crossed the 6,700 points mark in early trading once again on Sunday as the buoyant investors are putting fresh bets on lucrative issues riding on regulator...

IT sector issues rise in a falling market

IT sector issues rise in a falling market

FE REPORT 2022-03-13 10:18:32

Listed companies of IT sector saw the highest price appreciation in last week amid price correction by many major sectors. The companies said there was no undisclosed price sensitive information behi...

Top turnover leaders on DSE see price erosion

Top turnover leaders on DSE see price erosion

FE REPORT 2022-03-13 09:33:37

Majority number of top turnover leaders lost prices in last week on Dhaka Stock Exchange (DSE) amid mixed performance by major sectors. During the week, top 10 turnover leaders posted an aggregate am...

Bay of Bengal nations urged to invest in connectivity, reap trade benefit

Bay of Bengal nations urged to invest in connectivity, reap trade benefit

FE REPORT 2022-03-13 08:29:16

Countries along the Bay of Bengal region should invest and focus more on infrastructure connectivity to reduce the high trading costs and reap benefits of many untapped economic potentials, economis...

Subscription to Star Adhesive shares begins March 27

Subscription to Star Adhesive shares begins March 27

FE REPORT 2022-03-12 08:32:09

The subscription to shares of Star Adhesive Ltd, a concern of Star Partex Group, through qualified investor offer (QIO) will begin on March 27, as the company aims to raise Tk 50 million under the fix...

Stocks see eventful week as regulator steps in

Stocks see eventful week as regulator steps in

BABUL BARMAN 2022-03-12 08:26:29

Stocks witnessed an eventful week to March 10, featuring the biggest single-day fall in almost two years as well as the highest single-day rise in 14 months. Of the five trading days this week, the...

Deposits rise as Bangladeshi savers crowd in banks

Deposits rise as Bangladeshi savers crowd in banks

JASIM UDDIN HAROON 2022-03-12 08:15:41

Bangladesh's banks received over Tk 15.124 trillion in deposits in 2021, up 10 per cent year on year, as savers crowd in banking sector for reasons that may include lack of better options. People dep...

Global stocks extend gains as Putin ‘sees progress’ in talks with Ukraine

Global stocks extend gains as Putin ‘sees progress’ in talks with Ukraine

-- 2022-03-11 21:04:11

Global stocks extended their gains on Friday after Russian President Vladimir Putin said there had been some progress in Moscow's talks with Ukraine, although the rally was not enough to stop shares h...

BSEC urges asset management companies to aid market with liquidity

BSEC urges asset management companies to aid market with liquidity

FE REPORT 2022-03-11 11:14:24

The securities regulator urged the asset management companies (AMCs) on Thursday to support the country's stock market by utilising liquid portion of their funds. The Bangladesh Securities and Exchan...

Economists suggest redirecting public finances into protection recipes

Economists suggest redirecting public finances into protection recipes

FE REPORT 2022-03-11 09:01:14

The government should urgently act to resurrect purchasing power of the down-and-outs as the impact of the pandemic is much stronger on them, says a citizens' coalition, and suggests a recovery budget...

FBCCI president calls on UAE businesses to choose Bangladesh as investment destination

FBCCI president calls on UAE businesses to choose Bangladesh as investment destination

-- 2022-03-10 20:11:03

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) President Md Jashim Uddin, who is now in UAE, has called the entrepreneurs of UAE to choose Bangladesh as their investment destin...

USAID launches $5m project for Bangladesh’s RMG workers

USAID launches $5m project for Bangladesh’s RMG workers

-- 2022-03-10 18:44:25

US Agency for International Development (USAID) has launched a $5.0 million project titled ‘Women Thrive in Bangladesh’ to empower women who are working in readymade garment factories in B...

Stocks extend gaining streak for third straight session

Stocks extend gaining streak for third straight session

FE ONLINE REPORT 2022-03-10 16:48:24

Stocks extended the winning streak for the third straight sessions on Thursday as the buoyant investors continued to put fresh bets on sector-wise issues riding on regulatory steps. Following the pre...

Bourses open on upbeat note amid optimism

Bourses open on upbeat note amid optimism

FE ONLINE REPORT 2022-03-10 11:36:10

Stocks opened higher on Thursday as the buoyant investors were putting fresh bets on lucrative issues riding on the regulator moves to curb the free-fall of stocks. Following the previous day’s...

Tax receipts from DSE dip 43pc in February

Tax receipts from DSE dip 43pc in February

BABUL BARMAN 2022-03-10 08:57:51

The government's revenue earnings from the Dhaka Stock Exchange (DSE) slumped by 43 per cent month-on-month in February as turnover and share sales by sponsor-directors fell drastically. Market insid...

Smart Share & Securities launches OMS in share transactions

Smart Share & Securities launches OMS in share transactions

FE ONLINE REPORT 2022-03-09 20:06:29

Smart Share & Securities Ltd., a concern of Smart Group, is going to launch its Order Management Systems (OMS) in share transactions. In this regard, an agreement was signed between Smart Share &...

DCCI president proposes to reduce corporate tax rate by 2.5pc

DCCI president proposes to reduce corporate tax rate by 2.5pc

-- 2022-03-09 20:02:28

The Dhaka Chamber of Commerce & Industry (DCCI) has proposed to reduce the corporate tax rate by 2.5 per cent for both the listed and non-listed companies to become competitive in this region. Th...

BGMEA president for strengthening diplomatic efforts to expand exports to US

BGMEA president for strengthening diplomatic efforts to expand exports to US

-- 2022-03-09 19:36:38

BGMEA President Faruque Hassan has reiterated the need for strengthening diplomatic efforts to boost bilateral relationship with the USA and expand trade and business between the two countries. &nbsp...

Stocks witness big jump on regulatory moves

Stocks witness big jump on regulatory moves

FE ONLINE REPORT 2022-03-09 16:20:13

Stocks witnessed a big jump on Wednesday thanks to the securities regulator’s decision of not allowing any stock to fall more than 2.0 per cent in a single day. The Bangladesh Securities and Ex...

Oil surges as US bans Russian oil imports

Oil surges as US bans Russian oil imports

-- 2022-03-09 11:39:25

Oil prices settled around 4 per cent higher on Tuesday as the United States banned Russian oil imports and Britain said it will phase them out by year-end, decisions expected to further disrupt the gl...

Stocks open sharply higher riding on regulatory moves

Stocks open sharply higher riding on regulatory moves

FE ONLINE REPORT 2022-03-09 11:26:09

Stocks opened sharply higher on Wednesday riding on regulator moves to curb the free-fall of stocks amid the ongoing war between Russia and Ukraine. The Bangladesh Securities and Exchange Commission...

Regulatory step, liquidity support halt slide of stocks

Regulatory step, liquidity support halt slide of stocks

FE REPORT 2022-03-09 09:15:41

Dhaka bourse on Tuesday broke the losing streak after four sessions riding on the regulatory measure taken to restrict the downtrend of index along with providing liquidity support. On the day, the D...

BSEC cuts lower limit of stock exchange circuit breaker

BSEC cuts lower limit of stock exchange circuit breaker

FE REPORT 2022-03-09 08:48:30

The securities regulator on Tuesday reduced the lower limit of the stock exchanges' circuit-breaker to 2.0 per cent from the existing 10 per cent to stop the market’s freefall. The Bangladesh S...

Stocks rebound after witnessing a downward trend in four sessions

Stocks rebound after witnessing a downward trend in four sessions

-- 2022-03-08 19:20:28

After witnessing a downward trend in the four sessions, stocks today rebounded in the Dhaka and Chittagong stock exchanges followed by some regulatory measures. Bangladesh Securities and Exchange Com...

Women employment in banks, NBFIs falls

Women employment in banks, NBFIs falls

-- 2022-03-08 17:57:03

Though the employment of women has marked a rise in different sectors in recent years, the average ratio of women employees in banks and non-bank financial institutions (NBFIs) saw a decline by 2.87 p...

Share prices can fall up to 2.0pc from Wednesday

Share prices can fall up to 2.0pc from Wednesday

-- 2022-03-08 17:54:39

Bangladesh Securities and Exchange Commission (BSEC) has lowered the circuit breaker limit to 2.0 per cent from the existing 10 per cent due to the current downfall of the stock market. The new circu...

Only seven listed companies see price appreciation

Only seven listed companies see price appreciation

FE REPORT 2022-03-08 09:18:09

Only seven listed securities saw price appreciation on Monday. Of 379 issued traded on Dhaka Stock Exchange (DSE), 364 declined, eight remained unchanged and seven advanced. The seven securities w...

Regulator moves for share transactions in shortest time

Regulator moves for share transactions in shortest time

JASIM UDDIN HAROON 2022-03-08 09:14:51

The securities regulator moves to shorten the settlement cycle for share transactions, largely meant for augmenting liquidity on the market, but the initiative now faces multiple challenges. Sources...

Court summons 64 loan defaulters of People's Leasing

Court summons 64 loan defaulters of People's Leasing

FE REPORT 2022-03-08 09:11:52

The High Court (HC) on Monday summoned 64 loan defaulters of the People's Leasing and Financial Services Limited (PLFSL), a non-bank financial institution, for not complying with its order to reschedu...

Bangladesh stocks post record fall amid global tensions

Bangladesh stocks post record fall amid global tensions

FE REPORT 2022-03-08 08:44:55

Bangladesh stocks Monday suffered the highest single-day loss in almost two years as 'panic-driven' investors scrambled to sell off their shares to pocket the cash, in what seems a current global synd...