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The Financial Express

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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...

Bazal Ahmed  elected vice  chairman  of UCB

Bazal Ahmed elected vice chairman of UCB

-- 2019-07-17 00:09:18

Bazal Ahmed has been elected vice chairman of the United Commercial Bank Limited (UCB) at the 439th board meeting of the bank. He is also a member of the executive committee of UCB. Mr Ahmed is the...

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),...

Indian shares edge higher in volatile trade

Indian shares edge higher in volatile trade

-- 2019-07-16 13:03:57

Indian shares ticked higher in volatile trade on Tuesday in broad-based gains, while losses in IT stocks limited the upside. The broader NSE index was up 0.37 per cent at 11,631.1 as of 0434 GMT, whi...

Asian shares mixed; Nikkei falls 0.6pc

Asian shares mixed; Nikkei falls 0.6pc

-- 2019-07-16 12:44:46

Asian shares were little changed and mixed in quiet trading Tuesday amid a lack of fresh market-moving news as investors looked ahead to earnings season. Japan’s benchmark Nikkei 225 lost 0.6 p...

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...

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...

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...

SE Asian stocks: Philippines jumps to 15-month high

SE Asian stocks: Philippines jumps to 15-month high

-- 2019-07-15 13:25:05

Philippine shares jumped over 1.5 per cent on Monday to their highest in more than 15 months, after a local daily reported of more scope for policy easing quoting the top central bank official, while...

Asian shares mixed; China share rises

Asian shares mixed; China share rises

-- 2019-07-15 12:20:38

Asian shares were mixed on Monday, led by gains in Chinese markets after the government reported that the economy grew at the slowest pace in a decade in the last quarter. The Shanghai Composite inde...

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...

GP declares 90pc interim cash dividend

GP declares 90pc interim cash dividend

FE Online Report 2019-07-15 11:35:53

The board of directors of Grameenphone (GP) has recommended interim cash dividend for the year 2019 at the rate of 90 per cent cash dividend out of the audited net profits of the company for the half...

Stocks slump at opening amid panic sell-offs

Stocks slump at opening amid panic sell-offs

FE Online Reports 2019-07-15 11:32:24

Stocks witnessed sharp fall in early hours of trading on Monday as investors went on selling spree amid lack of confidence in the market. Market analysts said the investors who have already been gr...

Baraka Shikalbaha Power starts commercial operation

Baraka Shikalbaha Power starts commercial operation

FE Report 2019-07-15 10:29:07

The Baraka Shikalbaha Power Limited (BSPL) started commercial operation of its 105 mw HFO-fired IPP power plant situated at Shikalbaha in Chattogram. BSPL is a 51 per cent subsidiary of Baraka Pateng...

Paramount Textile to buy brand new machinery

Paramount Textile to buy brand new machinery

FE Report 2019-07-15 10:25:50

The board of directors of Paramount Textile has decided to purchase some brand new capital machinery from abroad worth nearly Tk 117 million, said an official disclosure on Sunday. The textile compan...

Stocks keep losing Sunday amid low confidence

Stocks keep losing Sunday amid low confidence

FE Online Report 2019-07-14 16:33:03

Stocks witnessed yet another bearish session on Sunday as worried investors continued their selling spree on major sectors’ shares. DSEX, the prime index of the Dhaka Stock Exchange (DSE), went...

Paramount Textile to purchase brand new machinery

Paramount Textile to purchase brand new machinery

FE Online Report 2019-07-14 12:39:29

The board of directors of Paramount Textile has decided to purchase some brand new capital machinery from abroad worth nearly Tk 117 million, said an official disclosure on Sunday. The company will p...

CSE, DSE witness downturn in early trading

CSE, DSE witness downturn in early trading

FE Online Report 2019-07-14 11:52:46

Stocks witnessed a downward trend in early hours of trading on Sunday as most investors went on the selling spree amid lack of confidence in the market. Market analysts said the government’s mo...

DSE suspends shares trading of People’s Leasing

DSE suspends shares trading of People’s Leasing

FE Online Report 2019-07-14 10:59:47

The board of directors of Dhaka Stock Exchange (DSE) has suspended the trading of shares of People’s Leasing and Financial Services from Sunday. The prime bourse has decided to suspend its shar...

CA firms face music for professional misconduct

CA firms face music for professional misconduct

Mohammad Mufazzal 2019-07-14 10:23:52

The Institute of Chartered Accountants of Bangladesh (ICAB) has taken disciplinary actions against some auditors and CA (Chartered Accountant) firms for professional 'misconducts'. The council of t...

Significant rise in transactions through DSE mobile app

Significant rise in transactions through DSE mobile app

FE Report 2019-07-14 10:21:21

The country's premier bourse witnessed a significant rise in share transactions through DSE mobile app in the just concluded fiscal year (FY) compared to previous FY. The number of orders for share...

National Life generates highest turnover

National Life generates highest turnover

FE Report 2019-07-13 10:23:03

Ten most traded firms accounted for 21 per cent of transactions on the Dhaka Stock Exchange (DSE) in the outgoing week, with the National Life Insurance Company bagging the top spot on the turnove...

Stocks keep sinking as investor confidence hits rock bottom

Stocks keep sinking as investor confidence hits rock bottom

Babul Barman 2019-07-13 10:20:13

Stocks suffered a big jolt in the outgoing week as investor confidence hit rock bottom, triggering panic selling that sent the benchmark index of the prime bourse reeling down in all five sessions...

SE Asian stocks trade in tight range; Philippines rise

SE Asian stocks trade in tight range; Philippines rise

-- 2019-07-12 12:48:13

Southeast Asian stocks traded in a tight range on Friday as investors awaited a slew of key important economic data from China and elsewhere in the region, while Philippines rose the most. Market par...

Asian shares rally after Wall St sets new records

Asian shares rally after Wall St sets new records

-- 2019-07-12 11:46:38

Asian shares were mostly higher on Friday after a turbulent day on Wall Street ended with the Dow Jones Industrial Average closing above 27,000 for the first time. Japan's Nikkei 225 index edged 0.1...

DSE board decides on Coppertech listing

DSE board decides on Coppertech listing

FE Report 2019-07-12 11:27:46

The board of the country's premier bourse has asked its management to take an initiative for the listing and trading of the shares of much-talked-about Coppertech Industries on the Dhaka Stock Exchang...

National Life tops turnover chart

National Life tops turnover chart

FE Report 2019-07-12 10:27:57

The ten most traded companies accounted for 23.73 per cent of transactions on the Dhaka Stock Exchange (DSE) on Thursday, with the National Life Insurance Company making its way to the top of the tu...

Southeast Asian stocks rise; Singapore leads

Southeast Asian stocks rise; Singapore leads

-- 2019-07-11 10:59:18

Southeast Asian stocks rose on Thursday, with Singapore leading gains, as investors cheered US Federal Reserve Chairman Jerome Powell's comments bolstering prospects of an interest rate cut. Singap...

Asian stocks rise on US rate cut hopes

Asian stocks rise on US rate cut hopes

-- 2019-07-11 10:50:06

Asian shares rose Thursday, tracking gains on Wall Street after Federal Reserve Chairman Jerome Powell suggested the US central bank is ready to cut interest rates for the first time in a decade. Hon...