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The Financial Express

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World shares mixed; Europe advances

World shares mixed; Europe advances

-- 2019-07-04 15:03:25

World shares were mixed on Wednesday, while European shares rose sharply as investors warmed to the announcement that Christine Lagarde will take the helm at the European Central Bank. Wall Street, m...

Indian shares tick up on budgetary hopes

Indian shares tick up on budgetary hopes

-- 2019-07-04 15:01:56

Indian shares edged up tracking gains in broader Asia on Thursday buoyed by hopes of a possible rate cut by the US Federal Reserve, a day ahead of the Union Budget. The broader NSE index was up 0.2...

Stocks mixed as sentiment remains fragile

Stocks mixed as sentiment remains fragile

FE Online Reports 2019-07-04 11:44:45

Stocks witnessed mixed trend in early hours of trading on Thursday as investors mostly followed cautious after the final budget. Parliament passed the tax measures for fiscal 2019-20, reducing tax...

Govt earnings from DSE rise 7.72pc in FY '19

Govt earnings from DSE rise 7.72pc in FY '19

FE Report 2019-07-04 10:44:46

The government's revenue earnings from the Dhaka Stock Exchange (DSE) soared 7.72 per cent in the just concluded fiscal year (FY) over the previous fiscal. Market analysts attributed the rise in reve...

ACME starts commercial production at steroid facility

ACME starts commercial production at steroid facility

FE Report 2019-07-04 10:42:01

The ACME Laboratories has announced the start of commercial production at its state-of-the-art steroid and hormone facility in Dhamrai following successful completion of trial production. The stero...

National Life tops DSE turnover chart

National Life tops DSE turnover chart

FE Report 2019-07-04 10:40:06

Ten most traded companies accounted for one-fifth of transactions on the Dhaka Stock Exchange (DSE) on Wednesday, with the National Life Insurance Company making it to the top of the turnover chart....

BNICL approves 12pc dividend

BNICL approves 12pc dividend

-- 2019-07-04 10:37:43

Bangladesh National Insurance Company Limited (BNICL) approved 12 per cent cash dividend for the year 2018 at its 23rd annual general meeting (AGM) held at the Spectra Convention Centre in the city re...

Gulf stock markets mostly slip

Gulf stock markets mostly slip

-- 2019-07-03 16:11:20

Major Gulf stock markets were mostly lower slipped on Wednesday, in line with global equities amid concerns about a slowdown in the world economy. However, Kuwait continued to rally in the wake of...

BSE, NSE swing on global economic worries

BSE, NSE swing on global economic worries

-- 2019-07-03 16:06:39

Indian stocks remained volatile in morning trade on Wednesday, with global economic data hurting sentiments, while investors kept waiting for positive cues from the federal budget due later this week....

DSE, CSE keep losing amid low confidence

DSE, CSE keep losing amid low confidence

FE Online Report 2019-07-03 15:49:29

Stocks extended the losing streak for the three consecutive sessions Wednesday as investors kept their selling binge on major sectors’ shares. DSEX, the prime index of the Dhaka Stock Exchange...

Stocks witness mixed trend in cautious trading

Stocks witness mixed trend in cautious trading

FE Online Reports 2019-07-03 11:51:25

Stocks witnessed mixed trend in early hours of trading on Wednesday as investors mostly followed cautious after the final budget. Parliament passed the tax measures for fiscal 2019-20, reducing tax...

Ashuganj Power to float IPO worth Tk 1.0 billion

Ashuganj Power to float IPO worth Tk 1.0 billion

FE Report 2019-07-03 11:06:30

Ashuganj Power Station Company will raise a capital worth Tk 1.0 billion to conduct different development works including the land development. The company will raise the capital by issuing bond th...

Net foreign funds see negative trend after seven FYs

Net foreign funds see negative trend after seven FYs

FE Report 2019-07-03 11:01:11

Net foreign fund in stocks witnessed negative trend in the outgoing fiscal year (FY) after seven fiscals as overseas investors booked profit by selling shares. Foreign investors bought shares worth...

ADB may extend capital market loan deal tenure by one year

ADB may extend capital market loan deal tenure by one year

FE Report 2019-07-03 10:58:24

The Manila-based lender Asian Development Bank (ADB) is likely to extend the third Capital Market loan agreement by one more year as the term of the deal expired on June 30 last, an official said. He...

Stocks slump first session of new fiscal

Stocks slump first session of new fiscal

FE Online Report 2019-07-02 15:55:45

Stocks tumbled on Tuesday, the first session of the fiscal year (FY) 2019-20, as investors mostly on selling binge on major sectors’ shares. Parliament passed the tax measures for the fiscal ye...

ICB signs APA  with FID

ICB signs APA with FID

FE Online Desk 2019-07-02 13:22:51

The Annual Performance Agreement (APA) 2019-20 between Financial Institutions Division of Ministry of Finance and Investment Corporation of Bangladesh (ICB) was signed recently. Senior Secretary of F...

SE Asian stocks subdued after weak data

SE Asian stocks subdued after weak data

-- 2019-07-02 12:51:59

Southeast Asian stocks were subdued on Tuesday, as worries over weakening manufacturing activity and slowing economic growth hit risk appetite and dimmed enthusiasm around the Sino-US trade truce. Ho...

Asian shares rise after US stocks hit record high

Asian shares rise after US stocks hit record high

-- 2019-07-02 12:41:40

Most Asian stock markets rose Tuesday after Wall Street's benchmark hit a new high following the latest truce in the costly US-Chinese trade war. Tokyo and Sydney rose, while Shanghai was unchanged....

ACME starts production of steroid, hormone from IPO project

ACME starts production of steroid, hormone from IPO project

FE Online Report 2019-07-02 11:41:28

The ACME Laboratories Limited has declared the commencement of commercial production of its state of the art steroid, hormone facility at Dhamrai upazila of Dhaka district. The company noted that the...

Stocks open new fiscal year on negative note

Stocks open new fiscal year on negative note

FE Online Reports 2019-07-02 11:37:09

Stocks witnessed downward trend in early hours of trading on Tuesday, the first session of the fiscal year (FY) 2019-20, as investors mostly followed cautious. Parliament passed the tax measures fo...

DSEX adds 36 points in H1 amid volatile trading

DSEX adds 36 points in H1 amid volatile trading

FE Report 2019-07-02 10:32:15

Stocks posted a slight gain in the first half of the 2019 despite the year started with shining streak amidst post-election buoyancy. DSEX, the prime index of the Dhaka Stock Exchange (DSE), to 5,950...

Rights subscription of IPDC to open July 10

Rights subscription of IPDC to open July 10

FE Report 2019-07-02 10:29:39

Rights shares subscription of IPDC Finance Ltd is set to begin July 10, aiming to raise Tk 1.41 billion through rights issuance. Rights subscription of the non-bank financial institution will be co...

SE Asian stocks climb as trade worries ease

SE Asian stocks climb as trade worries ease

-- 2019-07-01 13:10:54

Southeast Asian stock markets saw a relief rally on Monday after weeks of volatile trade, as a thaw in Sino-US trade tensions and upbeat comments from US President Donald Trump revived risk appetite....

Bay Leasing AGM approves 10pc cash dividend

Bay Leasing AGM approves 10pc cash dividend

FE Online Desk 2019-07-01 12:38:37

The board of directors of Bay Leasing & Investment Limited has approved 10 per cent cash dividend for the year ended December 31, 2018. The announcement came at the company’s 23rd Annual Ge...

Asian shares rise on hopes for trade negotiations

Asian shares rise on hopes for trade negotiations

-- 2019-07-01 11:14:35

Asian shares took heart Monday from revived hopes for progress in trade negotiations between the US and China after President Donald Trump met with China's Xi Jinping at the Group of 20 summit in Japa...

13 cos, one MF raise Tk 5.71b through IPOs

13 cos, one MF raise Tk 5.71b through IPOs

FE Report 2019-07-01 10:36:11

Thirteen companies, mostly small ones, and one mutual find raised an aggregate amount of Tk 5.71 billion by floating IPOs in the outgoing fiscal year. Fundraising by companies through initial public...

Uttara Finance approves 20pc cash dividend

Uttara Finance approves 20pc cash dividend

FE Desk Report 2019-07-01 10:32:38

The 24th Annual General Meeting (AGM) of Uttara Finance and Investments Limited was held at the International Convention City Bashundhara, Dhaka on Sunday. The meeting attended by a large number of Sh...

Trading on bourses to remain closed today

Trading on bourses to remain closed today

FE Online Report 2019-06-30 20:28:39

The trading at Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) will remain closed today (Monday) due to half yearly Bank Holiday. Therefore, there will be no trade on July 01, 2019, ac...

Stocks slip into the red despite tax review news

Stocks slip into the red despite tax review news

FE Online Report 2019-06-30 16:32:22

Stocks posted a marginal fall on Sunday despite the government passed the Finance Bill-2019 reducing tax on retained earnings. Parliament on Saturday passed the tax measures for fiscal 2019-20, reduc...

International Leasing recommends 5pc stock dividend

International Leasing recommends 5pc stock dividend

FE Online Report 2019-06-30 15:12:34

The board of directors of International Leasing & Financial Services Ltd has recommended 5.0 per cent stock dividend for the year ended on December 31, 2018. The final approval of the dividend...