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The Financial Express

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IPO subscription of Baraka Patenga Power begins today

IPO subscription of Baraka Patenga Power begins today

FE ONLINE REPORT 2021-06-13 10:40:08

The IPO subscription of Baraka Patenga Power started today (Sunday), aiming to raise Tk 2.25 billion under the book-building method. The power generation company’s subscription through electron...

Stocks extend rally for third straight days

Stocks extend rally for third straight days

FE Online Report 2021-06-10 15:51:06

Stocks extended their rally for the third straight sessions on Thursday as enthusiastic investors continued to put fresh bets on sector-specific issues. Following the previous day’s record tu...

DSEX exceeds 6,100-mark at opening

DSEX exceeds 6,100-mark at opening

FE ONLINE REPORT 2021-06-10 11:08:53

The stock market opened sharply higher on Thursday with the key index of the major bourse crossing the 6,100-mark thanks to increased investor participation. The market jumped at the opening and the...

Dhaka bourse launches new IPO share allotment system

Dhaka bourse launches new IPO share allotment system

FE Report 2021-06-10 11:02:52

Dhaka bourse has introduced the electronic subscription system to allot IPO (initial public offering) shares on pro-rata basis instead of lottery. Previously, the IPO shares were allotted among the...

Dhaka Insurance declares 20pc cash dividend for 2020

Dhaka Insurance declares 20pc cash dividend for 2020

FE ONLINE REPORT 2021-06-10 10:48:22

The board of directors of Dhaka Insurance has recommended a 20 per cent cash dividend for the year ended on December 31, 2020. The final approval of the dividend will come during the annual general m...

Stock probe body seeks help from intelligence agencies, BTRC

Stock probe body seeks help from intelligence agencies, BTRC

FE REPORT 2021-06-10 09:42:43

The committee formed to probe rumours about stock price prediction and price sensitive information has sought cooperation from intelligence agencies and the telecoms regulator in identifying the perso...

DSE daily turnover scales Tk 27b-mark

DSE daily turnover scales Tk 27b-mark

FE ONLINE REPORT 2021-06-09 15:44:06

The daily trade turnover on Dhaka Stock Exchange (DSE) climbed to a fresh 10 and a half years high on Wednesday since the country’s stock market had developed bubbles that soon burst. Turnove...

Stocks open sharply higher with rising turnover

Stocks open sharply higher with rising turnover

FE ONLINE REPORT 2021-06-09 11:01:54

The stock market opened sharply higher on Wednesday with rising turnover as bargain hunters putting fresh bets on major sector issues, particularly financials. After crossing the 6000-mark in the pre...

Federal Insurance to pay 10pc dividend for 2020

Federal Insurance to pay 10pc dividend for 2020

FE ONLINE REPORT 2021-06-09 10:47:08

The board of directors of Federal Insurance Company has recommended 5.0 per cent cash and 5.0 per cent stock dividend for the year ended on December 31, 2020. The final approval of the dividend will...

UCB declares 10pc dividend for 2020

UCB declares 10pc dividend for 2020

FE ONLINE REPORT 2021-06-09 10:18:12

The board of directors of United Commercial Bank (UCB) has recommended 5.0 per cent cash and 5.0 per cent stock dividend for the year ended on December 31, 2020. The final approval of the dividend wi...

Bangladesh Bank sets Sukuk allotment quota

Bangladesh Bank sets Sukuk allotment quota

SIDDIQUE ISLAM 2021-06-09 09:58:55

The central bank has set a Sukuk allotment quota, giving priority to the Shariah-based Islamic banks, non-banking financial institutions (NBFIs) and insurance companies, for the second auction of the...

Nialco makes debut on CSE SME Platform Thursday

Nialco makes debut on CSE SME Platform Thursday

FE ONLINE REPORT 2021-06-08 16:25:29

The trading of the shares of Nialco Alloys will commence at the CSE SME Platform from Thursday under settlement category “N”. Nialco Alloys is the country’s first-ever small and med...

Fortune Shoe's share price rising sans PSI

Fortune Shoe's share price rising sans PSI

FE REPORT 2021-06-08 11:37:41

Fortune Shoes is witnessing an unprecedented price hike and increase in volume of shares despite no undisclosed price sensitive information (PSI). Within the four trading days, the shoe maker's share...

Bourses open sharply lower

Bourses open sharply lower

FE ONLINE REPORT 2021-06-08 11:26:35

The stock market opened sharply lower on Tuesday as risk-averse investors opted for booking profit on quick-gaining stocks. After falling below the ‘psychological’ threshold of 6000-mark...

Ambee Pharma declares 15pc cash dividend

Ambee Pharma declares 15pc cash dividend

FE ONLINE REPORT  2021-06-08 11:19:31

The board of directors of Ambee Pharmaceuticals has recommended a 15 per cent cash dividend for the year ended on June 30, 2020. The final approval of the dividend will come during the annual general...

DSE key index dips below 6,000-mark

DSE key index dips below 6,000-mark

FE ONLINE REPORT 2021-06-07 15:52:31

Stocks tumbled on Monday with the benchmark index of the Dhaka Stock Exchange (DSE) dipped below the 6,000-mark after three days as risk-averse investors went on a selling binge on major sector issues...

Stocks open marginally higher on proposed tax cut hopes

Stocks open marginally higher on proposed tax cut hopes

FE ONLINE REPORT 2021-06-07 11:08:10

The market opened marginally higher on Monday, after a mild correction in the previous day, as optimistic investors remained action on insurance sector stocks. After a record high turnover in the pre...

DSE daily turnover hits 10.5-year  high

DSE daily turnover hits 10.5-year high

FE REPORT 2021-06-07 08:30:02

The daily trade turnover on Dhaka Stock Exchange (DSE) climbed to 10 and a half years high on Sunday since the country's stock market developed bubbles that soon burst. Turnover, a crucial indicato...

Stocks end post-budget session marginally lower

Stocks end post-budget session marginally lower

FE ONLINE REPORT 2021-06-06 17:29:34

Stocks ended marginally lower on Sunday, the first session after unveiling the national budget, as investors reacted mixed to the proposed budget. Finance Minister AHM Mustafa Kamal placed a record T...

Phoenix Insurance declares 15pc cash dividend for 2020

Phoenix Insurance declares 15pc cash dividend for 2020

-- 2021-06-06 11:21:55

The board of directors of Phoenix Insurance Company has recommended a 15 per cent cash dividend for the year ended on December 31, 2020. The final approval of the dividend will come during the annu...

Stocks open marginally lower on post-budget session

Stocks open marginally lower on post-budget session

FE ONLINE REPORT 2021-06-06 10:55:22

The market opened marginally lower on Sunday, the first session after unveiling the national budget, as investors reacted mixed to the proposed budget. DSEX, the prime index of the Dhaka Stock Exchan...

DSE believes budget to drive capital market development

DSE believes budget to drive capital market development

FE REPORT 2021-06-05 10:50:39

Dhaka Stock Exchange (DSE) has welcomed the proposed budget, terming it 'business-friendly and capital market development-oriented'. Finance Minister AHM Mustafa Kamal placed a record Tk 6.03 trillio...

Budgetary move to facilitate collecting long-term capital

Budgetary move to facilitate collecting long-term capital

FE REPORT 2021-06-04 12:00:00

The government has proposed exemption in capital gain tax applicable at the time of transferring property to trust and Special Purpose Vehicle, and vice versa. The waiver of 4.0 per cent gain tax h...

BSEC removes floor price for 30 more listed firms

BSEC removes floor price for 30 more listed firms

FE REPORT 2021-06-04 10:32:50

he Bangladesh Securities and Exchange Commission (BSEC) lifted the floor price for 30 more listed firms in the second phase on Thursday. The stock market regulator issued an order in this regard on t...

Stocks extend winning streak as budget unveiled

Stocks extend winning streak as budget unveiled

FE ONLINE REPORT 2021-06-03 17:06:38

Stocks extended their winning streak on Thursday as investors went on buying spree just ahead of unveiling the national budget. DSEX, the benchmark index of the Dhaka Stock (DSE), went up by 34.42 po...

Stocks open sharply higher on budget hopes

Stocks open sharply higher on budget hopes

FE ONLINE REPORT 2021-06-03 10:59:17

The market opened sharply higher on Thursday as investors are putting fresh bets on stocks amid budgetary expectations. Finance Minister AHM Mustafa Kamal is set to unveil the national budget for the...

Government's bank borrowing target set at Tk 760b for 2021-22 fiscal year

Government's bank borrowing target set at Tk 760b for 2021-22 fiscal year

SIDDIQUE ISLAM 2021-06-03 08:25:05

The government is likely to set its borrowing target from the banking system at over Tk 760 billion to finance the budget deficit in the next fiscal year (FY), officials said. The bank borrowing fo...

DSEX crosses 6,000-mark again    

DSEX crosses 6,000-mark again    

FE ONLINE REPORT 2021-06-02 18:01:02

The benchmark index of the Dhaka Stock (DSE) surpassed the ‘psychological’ threshold of 6,000-mark again on Wednesday as investors went on late hours buying spree on financial stocks. Aft...

Bata Shoe incurs Tk 96.94 loss per share in 2020

Bata Shoe incurs Tk 96.94 loss per share in 2020

FE ONLINE REPORT 2021-06-02 12:34:09

Bata Shoe Company (Bangladesh), for the first time in its business history, has incurred a huge loss in the year ended on December 31, 2020, as sales collapsed due to the coronavirus pandemic. T...

Stocks volatile in early trading ahead of budget

Stocks volatile in early trading ahead of budget

FE ONLINE REPORT 2021-06-02 11:42:01

Stocks witnessed choppy trading in early hours on Wednesday as investors mostly followed cautious stance ahead of the national budget. Finance Minister AHM Mustafa Kamal is set to unveil the national...