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The Financial Express

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Stocks open mixed ahead of Eid holidays

Stocks open mixed ahead of Eid holidays

FE Online Report 2019-08-07 12:04:27

Stocks witnessed mixed trend in early trading on Wednesday as investors were active both sides of trading fence ahead of Eid festival. Trading and official activities on the bourses will remain close...

Stocks rebound with rising turnover value

Stocks rebound with rising turnover value

FE Online Report 2019-08-06 17:17:51

The daily trade turnover of Dhaka Stock Exchange (DSE) crossed Tk 5.0 billion-mark on Tuesday again as investors put fresh stakes on stocks amid post-Eid expectation. Turnover, a crucial indicator of...

United Power’s corporate director to sell 10m shares

United Power’s corporate director to sell 10m shares

FE Online Report 2019-08-06 11:42:31

United Mymensingh Power Limited, one of the corporate directors of United Power, has decided to sell 10 million shares at prevailing market price in the block market. United Mymensingh Power Ltd, one...

Stocks rise in early trading amid sale pressure

Stocks rise in early trading amid sale pressure

-- 2019-08-06 11:35:14

Stocks witnessed upward trend in early trading on Tuesday as investors were active on sector specific shares amid eased of pre-Eid sale pressure. Following the previous day’s mild correction, t...

Coppertech's share jumps 348pc on debut trading

Coppertech's share jumps 348pc on debut trading

FE Report 2019-08-06 10:39:09

The Coppertech Industries made a flying trading debut on the bourses on Monday as its share price soared 348 per cent riding on the investors' 'irrational hype' over the new issue. The engineering se...

Stocks slip into red as Eid festival nears

Stocks slip into red as Eid festival nears

FE Online Report 2019-08-05 15:29:13

Stocks slipped into the red on Monday amid volatile trading as investors were mostly followed cautious stance ahead of nine-day Eid holidays. DSEX, the prime index of the Dhaka Stock Exchange (DSE),...

Two more MFs declare cash dividend

Two more MFs declare cash dividend

FE Online Report 2019-08-05 11:47:40

The Trustee Committees of CAPM IBBL Islamic Mutual Fund and CAPM BDBL Mutual Fund 01 have declared 8.0 per cent and 5.0 per cent cash dividend respectively. CAPMIBBLMF: The Trustee Committee of the f...

EBL First MF tenure extended up to 2029

EBL First MF tenure extended up to 2029

FE Online Report 2019-08-05 11:44:29

The tenure of EBL First Mutual Fund, a closed-end mutual fund, has been extended 10 more years until August 18, 2029, said an official disclosure on Monday. Closed-end mutual funds are investment f...

Stocks open mixed ahead of Eid festival

Stocks open mixed ahead of Eid festival

FE Online Report 2019-08-05 11:41:07

Stocks witnessed mixed trend in early trading on Monday as investors were active both sides of trading fence ahead of Eid festival. However, the Coppertech Industries made a flying trade debut as its...

Tax receipts from DSE fall 13pc in July

Tax receipts from DSE fall 13pc in July

FE Report 2019-08-05 11:21:41

The government's revenue earnings from the Dhaka Stock Exchange (DSE) fell 13 per cent year-on-year in July this year on the back of falling trade volume and value. Market analysts said the bearish m...

Dhaka stocks stay positive on Sunday amid choppy trading

Dhaka stocks stay positive on Sunday amid choppy trading

FE Online Report 2019-08-04 16:21:54

Dhaka stocks inched higher on Sunday amid volatile trading as investors were active both sides of trading fence. DSEX, the prime index of the Dhaka Stock Exchange (DSE), settled at 5,172, gaining 3.1...

Bourses witness marginal gains in early trading

Bourses witness marginal gains in early trading

FE Online Report 2019-08-04 11:38:13

Stocks witnessed marginal gains in early trading on Sunday as some investors showed their buying appetite on sector specifies shares based on quarterly earnings.   Following the previous day&rsq...

ONE Bank AGM approves 10pc stock dividend

ONE Bank AGM approves 10pc stock dividend

FE Online Desk 2019-08-03 15:03:05

The board of directors of ONE Bank Limited has approved 10 per cent stock dividend for the year ended on December 31, 2018. The final approval of the dividend came during the 20th Annual General Meet...

Weekly analysis: Stocks stay afloat

Weekly analysis: Stocks stay afloat

Babul Barman 2019-08-03 10:47:41

Stocks eked out gains for the second consecutive week that ended on Thursday, as institutional investors continued to support the market. DSEX, the prime index of the Dhaka Stock Exchange (DSE), soar...

United Power recommends 140pc div

United Power recommends 140pc div

FE Report 2019-08-03 10:44:37

The United Power Generation & Distribution Company Ltd has recommended 130 per cent cash and 10 per cent stock dividend for the year ended on June 30, 2019, according to an official disclosure pub...

Fortune generates highest turnover

Fortune generates highest turnover

FE Report 2019-08-03 10:43:10

Ten most traded companies accounted for 26 per cent of transactions on the Dhaka Stock Exchange (DSE) in the outgoing week, with Fortune Shoes generating the highest turnover. Market analysts said...

Nine-day stock market holiday begins Aug 9

Nine-day stock market holiday begins Aug 9

FE Report 2019-08-03 10:41:19

Trading and official activities at Dhaka Stock Exchange (DSE) will remain closed for nine days from August 9 to 17, including weekly holidays, on the occasion of Eid-ul-Azha. The decision on Eid vaca...

European shares fall after Trump trade threats

European shares fall after Trump trade threats

-- 2019-08-02 14:21:43

European stock indexes lost up to 2.0 per cent in early trading on Friday after US President Donald Trump said he will impose more tariffs of Chinese goods. Abruptly ending a temporary trade truce be...

Wall St ends lower amid downbeat data

Wall St ends lower amid downbeat data

-- 2019-08-02 14:10:11

Wall Street ended lower on Thursday, as investors digested a batch of negative data that pointed to slowing US economic activity and grew concerned over US-China trade prospects. The Dow Jones Indu...

Trump's tariffs jolt global stocks, trigger rush to safety

Trump's tariffs jolt global stocks, trigger rush to safety

-- 2019-08-02 14:08:09

Global stocks took another beating on Friday with investors piling into safe-haven assets after US President Donald Trump said he would slap a 10 per cent tariff on the remaining $300 billion of Chine...

Ten companies account for 28pc transactions on DSE

Ten companies account for 28pc transactions on DSE

FE Report 2019-08-02 10:40:36

Ten most traded companies accounted for 28 per cent of transactions on the Dhaka Stock Exchange (DSE) on Thursday, with Fortune Shoes making it to the top of the turnover list. Market analysts said i...

Net foreign investment remains negative for fifth straight month

Net foreign investment remains negative for fifth straight month

Babul Barman 2019-08-02 10:26:32

Net foreign portfolio investment in Dhaka Stock Exchange (DSE) remained negative for the fifth consecutive month in July due to higher outflow of equity fund. Market analysts said foreign investors c...

Stock market to remain closed from Aug 9-17

Stock market to remain closed from Aug 9-17

FE Online Report 2019-08-01 19:51:38

Trading and official activities on Dhaka Stock Exchange (DSE) will remain closed for nine days from August 9 to August 17 on the occasion of Eid-ul-Azha, including weekly holidays. The decision came...

Stocks keep gaining for two straight sessions

Stocks keep gaining for two straight sessions

FE Online Report 2019-08-01 16:00:26

Stocks extended their gaining streak for the two straight sessions on Thursday as some investors continued their appetite on sector-wise shares. DSEX, the prime index of the Dhaka Stock Exchange (DSE...

Stocks open positive after BB unveils MPS

Stocks open positive after BB unveils MPS

FE Online Report 2019-08-01 11:30:13

Stocks witnessed modest gain in early trading on Thursday as some investors went on buying shares after the central bank on Wednesday unveiled the monetary policy statement (MPS). Following the previ...

Most banks' EPS see higher growth in H1

Most banks' EPS see higher growth in H1

FE Report 2019-08-01 11:11:25

Earnings per share (EPS) of 73 per cent listed banks increased in first half (H1) of January-June 2019 period compared to the same period of the previous year. EPS is the portion of a company's pro...

LHBL posts 46pc growth in net profit in Q2

LHBL posts 46pc growth in net profit in Q2

FE Desk Report 2019-08-01 11:09:12

Leading cement manufacturer LafargeHolcim Bangladesh (LHBL) posted a significant increase in profits in the second quarter of the current year. Its net profit increased by 46 per cent during the peri...

Ring Shine Textile's subscription opens on Aug 25 to raise Tk 1.50b

Ring Shine Textile's subscription opens on Aug 25 to raise Tk 1.50b

FE Report 2019-08-01 11:05:11

The public subscription of Ring Shine Textiles Ltd is set to begin on August 25, aiming to raise a capital worth Tk 1.50 billion from the stock market. The company's initial public offering (IPO) sub...

ACI to set up joint-venture with CO-RO A/S

ACI to set up joint-venture with CO-RO A/S

FE Online Report 2019-07-31 11:57:15

ACI Limited will set up a joint-venture company with renowned Danish juice manufacturing company CO-RO A/S, said an official disclosure on Wednesday. In this regard, the board of directors of the A...

Ring Shine Textile’s subscription to begin Aug 25

Ring Shine Textile’s subscription to begin Aug 25

FE Online Report 2019-07-31 11:52:35

The IPO subscription of Ring Shine Textiles Limited is set to begin August 25, aiming to raise a capital worth Tk 1.50 billion from the capital market. The company’s initial public offering (...