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The Financial Express

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Asian shares follow Wall Street higher

Asian shares follow Wall Street higher

-- 2019-05-15 11:22:52

Asian stocks followed Wall Street higher on Wednesday after US President Donald Trump downplayed his escalating tariff war with Beijing and said a settlement is possible. Benchmarks in Shanghai, Toky...

'Block Module' to strictly reinforce declarations on transferring shares

'Block Module' to strictly reinforce declarations on transferring shares

Mohammad Mufazzal 2019-05-15 11:03:19

The securities regulator has approved a 'Block Module' introduced to strictly reinforce the mandatory declarations required in case of transferring shares of listed companies and units of mutual funds...

IDLC 'managing capital mkt exposure prudently', says official

IDLC 'managing capital mkt exposure prudently', says official

FE Desk Report 2019-05-15 11:00:48

IDLC Finance Limited reported net profit after tax of BDT 558 million in the first quarter of 2019, posting a 1.42 per cent growth from the same period last year. Earnings per share stood at BDT 1.48...

SZSE launches market coordination mechanism with DSE

SZSE launches market coordination mechanism with DSE

FE Report 2019-05-15 10:56:38

Shenzhen Stock Exchange (SZSE) has launched the market coordination mechanism with Dhaka Stock Exchange (DSE) under the strategic investment agreement. At a seminar titled '2nd China-Bangladesh Capit...

DSE daily turnover dips to 14-month low

DSE daily turnover dips to 14-month low

FE Online Report 2019-05-14 17:42:33

Stocks kept their losing streak with daily trade turnover on the prime bourse dipped to 14 months low on Tuesday as investors were mostly reluctant to make fresh investment in stocks. Market analysts...

Stocks see downturn amid sluggish turnover

Stocks see downturn amid sluggish turnover

FE Online Report 2019-05-14 11:49:14

The prices of most of the shares on bourses witnessed downward trend in early trading on Tuesday as risk-averse investors continued their selling binge. Following the previous day’s fall, the D...

Ten most-traded cos snare one-fourth turnover

Ten most-traded cos snare one-fourth turnover

FE Report 2019-05-14 10:39:17

Ten most-traded companies captured one-fourth transaction of the Dhaka Stock Exchange (DSE) Monday while Fortune Shoes topped the chart for the six straight sessions. Market analysts said investors...

Stocks keep losing amid low turnover

Stocks keep losing amid low turnover

FE Online Report 2019-05-13 17:53:05

Stocks continued the losing streak for the second day in a row on Monday as shaky investors continued binge selling on sector-wise shares. Market analysts said the financial sector remained volatile...

Indian shares nearly flat in thin trade

Indian shares nearly flat in thin trade

-- 2019-05-13 14:35:36

Indian shares were largely unchanged on Monday in thin trade, as gains in index heavyweights such as ITC Ltd and Tata Consultancy Services Ltd offset losses in Larsen and Toubro Ltd after it posted lo...

Asian shares move lower

Asian shares move lower

-- 2019-05-13 13:19:23

Asian shares were mostly lower on Monday after trade talks between the US and China wrapped up Friday without an agreement. Shares dropped more than 1.0 per cent in Shanghai, to 2,909.60. Japan&rsquo...

Stocks stumble in early trading

Stocks stumble in early trading

FE Online Report 2019-05-13 12:18:50

The prices of most of the shares on bourses saw downward trend in early trading on Monday as risk-averse investors continued their selling binge. Following the previous day’s marginal fall, the...

DSE to unearth reasons for ACI subsidiary's loss

DSE to unearth reasons for ACI subsidiary's loss

FE Report 2019-05-13 11:02:23

The country's premier bourse has asked its chief regulatory officer (CRO) to submit a report by probing into the reasons of chronic loss of Swapno, a subsidiary of ACI Limited. The concerned committe...

Two cos to raise capital through SME Platform

Two cos to raise capital through SME Platform

FE Report 2019-05-13 10:58:07

Two small cap companies namely Krishibid Seed and Annex Suites have taken initiatives to raise capital through SME Platform of the country's premier bourse. As part of the process of raising capital,...

Ten most-traded companies capture 30pc turnover

Ten most-traded companies capture 30pc turnover

FE Report 2019-05-13 10:46:41

Ten most-traded companies captured more than 30 per cent transaction of the Dhaka Stock Exchange (DSE) Sunday while Fortune Shoes topped the chart for fifth straight session. Market analysts said inv...

EIs under watch to check abuse of IPO quota

EIs under watch to check abuse of IPO quota

FE Report 2019-05-13 10:43:41

The securities regulator is set to redefine the categories of eligible investors (EIs) to check the abuse of IPO (initial public offering) quota system. To this end, the Bangladesh Securities and Exc...

Two more mutual funds declare 8.0pc cash dividend

Two more mutual funds declare 8.0pc cash dividend

FE Online Report 2019-05-12 20:22:51

The Trustee Board of two more mutual funds -- the AIBL 1st Islamic Mutual Fund and MBL 1st Mutual Fund -- have declared 8.0 per cent cash dividend each based on the net income for the year ended March...

Stocks slip into red after bumpy ride

Stocks slip into red after bumpy ride

FE Online Report 2019-05-12 16:50:58

Stocks slipped back into the red on Sunday, after a single-session break, as investors booked profits with cautious positioning. Analysts said the market finished nearly flat as a section of investor...

Islamic Finance to issue Tk 3.0b bond

Islamic Finance to issue Tk 3.0b bond

FE Online Report 2019-05-12 11:24:03

The board of directors of Islamic Finance & Investment has decided to issue IFIL Mudaraba non-convertible fully redeemable subordinated bond of Tk 3.0 billion, said an official disclosure on Sunda...

Stocks witness upward trend in early trading

Stocks witness upward trend in early trading

FE Online Report 2019-05-12 11:21:34

The prices of most of the shares on both bourses saw an upward trend in early trading on Sunday as investors were showing appetite on sector-wise shares following government measures. Following the p...

Uttara Finance recommends 20pc cash dividend

Uttara Finance recommends 20pc cash dividend

FE Online Report 2019-05-12 11:14:13

The board of directors of Uttara Finance and Investments has recommended 20 per cent cash dividend for the year ended on December 31, 2018. The final approval of the dividend will come during the ann...

Raw materials price hike takes a toll on net profit of Premier Cement

Raw materials price hike takes a toll on net profit of Premier Cement

Mohammad Mufazzal 2019-05-12 11:08:32

The net profit of Premier Cement Mills declined moderately for the fiscal year (FY) 2018 compared to previous year due to various reasons including the increased cost of raw materials. The company re...

World stocks rebound on trade talk hopes

World stocks rebound on trade talk hopes

-- 2019-05-11 10:41:03

World stocks rebounded on trade talk hopes on Friday after US President Donald Trump said US-China trade talks were constructive. The major US stock indexes swooned more than 1.0 per cent before rebo...

Wall Street manages to end higher

Wall Street manages to end higher

-- 2019-05-11 10:31:56

US stocks closed higher on Friday, recovering all their early losses, as investors kept themselves informed of latest updates regarding global trade. The Dow Jones Industrial Average increased 114.01...

Weekly analysis: Stocks retreat after one-week rise

Weekly analysis: Stocks retreat after one-week rise

Babul Barman 2019-05-11 10:25:43

Even as the government took some market-supportive measures, stocks slipped back into the red in the outgoing week after a one-week break. Thursday was the last trading day of the week. Market analy...

Ten most-traded cos grab 28pc of weekly turnover

Ten most-traded cos grab 28pc of weekly turnover

FE Report 2019-05-11 10:22:36

The ten most-traded companies accounted for nearly 28 per cent transactions on the Dhaka Stock Exchange (DSE) in the outgoing week, with Fortune Shoes making it to the top of the list for the second s...

Uber shares plunge on stock market debut

Uber shares plunge on stock market debut

-- 2019-05-11 10:14:19

Uber shares slid to close 7.6 per cent down on their first day of trading, as the highly anticipated share market listing failed to win over investors. Boss Dara Khosrowshahi was among those who rang...

Easy Build customers  to get loan from IDLC

Easy Build customers to get loan from IDLC

-- 2019-05-10 22:20:50

IDLC Finance Ltd. will provide loan to the customers of Easy Build, a retail chain of building materials of RFL Group, for constructing their houses and purchasing building materials, says a stateme...

China shares inch up amid ongoing trade talks

China shares inch up amid ongoing trade talks

-- 2019-05-10 10:50:17

Chinese shares and the yuan rose Friday on signs Beijing and Washington might still be able to avert a trade deal collapse. In late morning trade, the benchmark Shanghai Composite index was up 1.3 pe...

Asian shares trim early gains

Asian shares trim early gains

-- 2019-05-10 10:42:27

Asian shares trimmed most of its sharp early gains on Friday but benchmarks in Shanghai and Hong Kong jumped amid uncertainty over the potential outcome of trade talks between China and the US. Japan...

DSE to scrutinise financial statement of Coppertech

DSE to scrutinise financial statement of Coppertech

FE Report 2019-05-10 10:03:26

The Dhaka Stock Exchange (DSE) has decided to scrutinise the financial statement of Coppertech Industries, now awaiting listing on the country's bourses. The decision came at a board meeting of the p...