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The Financial Express

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Stocks slide again, GP plunges

Stocks slide again, GP plunges

FE Online Report 2018-02-20 15:56:07

Stocks witnessed yet another bearish session Tuesday, extending the losing streak for the four sessions in a row, as investors went on late hours selling spree. Market insiders said the bourses kept...

Alif Industries to set up new business units

Alif Industries to set up new business units

FE Online Report 2018-02-20 15:13:53

The board of directors of Alif Industries has decided to set up two new business units investing in Tk 4.0 billion. According to an official disclosure on Tuesday, the two planned units will include...

Asian stocks slip on European decline

Asian stocks slip on European decline

-- 2018-02-20 11:50:48

Asian stocks slipped on Tuesday, their recent recovery stalling after European equities broke a winning streak, while the dollar edged up to pull further away from three-year lows. MSCI’s broad...

DSE, CSE open optimistic Tuesday

DSE, CSE open optimistic Tuesday

FE Online Report 2018-02-20 11:32:59

Stocks witnessed upward trend in early hour of trading on Tuesday as investors active on sector-wise stocks amid optimism. Brokers said investors are optimistic as the Dhaka bourse reconfirmed the Ch...

DSE board 'reconfirms' Chinese consortium bid

DSE board 'reconfirms' Chinese consortium bid

FE Report 2018-02-20 10:21:32

The board of directors of Dhaka Stock Exchange (DSE) has 'reconfirmed' its previous decision favouring the proposal of a Chinese consortium to become the strategic partner of the premier bourse. Afte...

Share price of two cos soaring sans PSI

Share price of two cos soaring sans PSI

FE Report 2018-02-20 10:13:33

Share price of two listed companies - Apex Foods and Metro Spinning are soaring without any price sensitive information (PSI) or any expansion plan. The prices of Apex Foods soared 32 per cent or Tk...

Young officials steer the wheels of country's oldest bank

Young officials steer the wheels of country's oldest bank

Special Correspondent 2018-02-20 00:19:29

Pubali Bank Ltd enjoys a solid financial position performed by 'diligent and assiduous' business functionaries, mostly young officials. "Depositors and our business partners remain safe, cocooned i...

European shares dip in choppy trade

European shares dip in choppy trade

-- 2018-02-19 21:37:12

European shares dipped in choppy trade on Monday as a poor update from Reckitt Benckiser hit consumer staples. Shares in Tenaris, Outokumpu and Arcelor Mittal- which have facilities in the United S...

Mideast stocks slow; big bank boosts Egypt

Mideast stocks slow; big bank boosts Egypt

-- 2018-02-19 21:28:56

Mideast stocks were sluggish on Monday, with a dividend cut pulling down major Abu Dhabi-listed financial firm Waha Capital, but Egypt’s bourse rose on the back of a gain by its biggest bank....

Stocks extend losing streak for 3rd day

Stocks extend losing streak for 3rd day

FE Online Report 2018-02-19 16:30:01

Stocks witnessed yet another bearish session Monday, extending the losing streak for the three consecutive sessions, as investors were mostly cautious to take fresh stake. Analysts said investors w...

Reliance Insurance recommends 25pc dividend

Reliance Insurance recommends 25pc dividend

FE Online Report 2018-02-19 12:06:37

The board of directors of Reliance Insurance Limited has recommended 15 per cent cash and 10 per cent stock dividend for the year ended on December 31, 2017, said an official disclosure on Monday....

Bourses witness upward trend in early trading

Bourses witness upward trend in early trading

FE Online Report 2018-02-19 11:35:21

Stocks witnessed upward trend in early hour of trading on Monday as investors remained active on sector-wise stocks amid ongoing dividend declarations session. Following the previous day’s sh...

Auditor detects mismatches in PGCB annual report

Auditor detects mismatches in PGCB annual report

FE Report 2018-02-19 10:07:26

The auditor has identified mismatches in the financial statement of Power Grid Company of Bangladesh (PGCB) for the year ended on June 30, 2017. Following the mismatches, the auditor said on the basi...

Asian shares see more recovery

Asian shares see more recovery

-- 2018-02-19 09:58:32

Asian shares ticked up on Monday, joining a global recovery for equity markets as sentiment improved gradually from a recent shakeout that stemmed from fears of creeping inflation and higher borrowing...

Stocks tumble as worries persist over strategic partner

Stocks tumble as worries persist over strategic partner

FE Online Report 2018-02-18 17:40:23

Stocks tumbled on Sunday, extending the losing streak for the second consecutive day, as investors sold shares in bulk amid growing tension over selection of strategic partner. Analysts said growing...

Stocks open lower amid slow trading activities

Stocks open lower amid slow trading activities

FE Online Report 2018-02-18 11:40:57

The prices of most of the shares on both bourses witnessed downward trend in early hour of Sunday trading as many investors followed cautious stance ahead of divided declarations. Following the last...

US stock market witnesses volatility

US stock market witnesses volatility

-- 2018-02-18 11:33:36

US stock markets are unlikely to return to the unusually calm conditions seen last year, even though equities have already recovered more than half the ground lost in the recent selloff and traders ha...

IPO subscription of Advent Pharma closes tomorrow

IPO subscription of Advent Pharma closes tomorrow

FE Report 2018-02-18 10:26:10

The IPO (initial public offering) subscription of Advent Pharma will close tomorrow (Monday). The company opened its IPO subscription on February 11. The Bangladesh Securities & Exchange Commiss...

DSE board backs China in brawls over market buy

DSE board backs China in brawls over market buy

Mohammad Mufazzal 2018-02-18 10:12:08

Dhaka Stock Exchange is expected to propose to the securities regulator for approving Chinese consortium's offer as it qualified in the bidding as the bourse's 'strategic partner', outbidding its chal...

Major sectors see positive return

Major sectors see positive return

FE Report 2018-02-17 16:06:03

Majors sectors witnessed a positive return this week as investors renewed their appetite for sector-wise stocks. Thursday was the last trading day of the week. Of the 19 sectors listed with the pr...

World stocks post best week in two years

World stocks post best week in two years

-- 2018-02-17 11:22:02

The dollar rose and stocks around the globe rallied for a sixth straight session on Friday to post their best week in more than two years, but a US indictment over alleged Russian meddling in the 2016...

Stocks bounce back as political tension eases

Stocks bounce back as political tension eases

Babul Barman 2018-02-17 10:12:29

Stocks rebounded strongly this week amid increased turnover as investors, relieved to see the clouds of political tensions start disappearing, went on buying spree. Market operators said the investor...

US says no to china bid for Chicago Stock Exchange

US says no to china bid for Chicago Stock Exchange

-- 2018-02-16 18:46:20

The US has rejected a proposed merger between the Chicago Stock Exchange and a Chinese-linked investor group. The decision comes after more than two years of reviews by officials. The tie-up was ini...

Asian shares rise in thin trading

Asian shares rise in thin trading

-- 2018-02-16 12:51:28

Japan and Australia shares were higher in thin trading on Friday, while all other Asian markets closed Friday for the lunar new year holiday. Tokyo’s Nikkei 225 index climbed 1.1 per cent to...

US rejects China bid for Chicago Stock Exchange

US rejects China bid for Chicago Stock Exchange

-- 2018-02-16 12:01:38

The Unites States has rejected a proposed merger between the Chicago Stock Exchange and a Chinese-linked investor group. The decision comes after more than two years of reviews by officials. The tie...

MSCI BD dividend yield up marginally

MSCI BD dividend yield up marginally

FE Online Report 2018-02-16 11:58:45

Dividend yield of the MSCI Bangladesh Index increased marginally to 1.64 per cent at the end of January this year from 1.63 per cent at the end of December last. The yield is much lower compare to...

Overseas investors see BD stock market as emerging: MCCI

Overseas investors see BD stock market as emerging: MCCI

FE Report 2018-02-16 10:40:43

Net foreign investment in the country's capital market increased 27.14 per cent year-on-year in 2017 as many overseas investors considered the Bangladesh stock market as a frontier and emerging mark...

Unique Hotel leads DSE transactions chart

Unique Hotel leads DSE transactions chart

FE Report 2018-02-16 10:36:54

The ten top-traded companies accounted for nearly 25 per cent of the total transactions on the country's premier bourse on Thursday, with Unique Hotel & Resorts topping the list. Analysts said...

IDLC net profit witnesses 28pc growth

IDLC net profit witnesses 28pc growth

FE Desk 2018-02-16 00:29:32

IDLC Finance Limited reported net profit after tax of BDT 2,277 million in the year 2017, recording a strong 28 per cent growth from last year. "All our business divisions - SME, consumer, corporate...

DCCI lays blueprint to develop capital market

DCCI lays blueprint to develop capital market

FE Online Report 2018-02-15 21:25:00

DCCI chief said to develop capital market, cooperation and coordination between Bangladesh Bank, Bangladesh Securities & Exchange Commission, stock exchanges and Insurance Development Authority ar...