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The Financial Express

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Stocks plunge as panic-driven sell-offs continues

Stocks plunge as panic-driven sell-offs continues

FE Online Report 2021-03-21 16:21:55

Stocks witnessed yet another big jolt on Sunday as panic-driven investors continued their sell-offs on major sectors amid fears of a fresh wave of virus. The market opened on a sharp decline which co...

Stocks plunge at opening as panic grips investors

Stocks plunge at opening as panic grips investors

-- 2021-03-21 11:18:09

Stocks plunged at the opening on Sunday, as panic-driven investors dumped their holdings amid fears of a fresh wave of the virus due to rising trends of Covid-19 infections and death. Following the p...

What rising bond yields mean for markets

What rising bond yields mean for markets

-- 2021-03-20 10:32:49

Yields on US Treasuries have surged to their highest level in more than a year from record lows hit in 2020, as Federal Reserve commitments to hold rates near zero for years to come encouraged investo...

Bangladesh stocks tumble amid panic-driven sell-offs

Bangladesh stocks tumble amid panic-driven sell-offs

BABUL BARMAN 2021-03-20 10:13:11

Stocks dipped in the outgoing week as panic-driven investors dumped their holdings amid fears of fresh wave of the virus due to the rising trend of Covid-19 infected patients in recent days. Week-on-...

Deed to launch 'Shanta Fixed Income Fund' signed

Deed to launch 'Shanta Fixed Income Fund' signed

FE REPORT 2021-03-20 10:11:17

Shanta Asset Management Limited (SAML) has taken an initiative to launch a new open-end mutual fund concentrating mainly on fixed income securities -- "Shanta Fixed Income Fund"-- in line with the p...

DSEX dives below 5500-mark again

DSEX dives below 5500-mark again

FE Online Report 2021-03-18 15:52:24

Stocks tumbled on Thursday as panic gripped investors amid soaring trends of Covid-19 infections and death in recent days in the country. The market opened on a downward trend which continued until t...

NRB Commercial Bank makes debut Monday

NRB Commercial Bank makes debut Monday

FE ONLINE REPORT 2021-03-18 14:53:21

NRB Commercial Bank will make its share trading debut on March 22 (Monday) on the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) under ‘N’ category. DSE trading code f...

Stocks plummet at opening

Stocks plummet at opening

FE ONLINE REPORT 2021-03-18 11:22:22

Stocks witnessed a downward trend at the opening on Thursday, as risk-averse investors opted for booking profits on major sector stocks amid the rising trend of Covid-19 cases. Following the previous...

DSE extends timeframe for applying for new TREC licence

DSE extends timeframe for applying for new TREC licence

FE REPORT 2021-03-18 08:59:21

The Dhaka Stock Exchange (DSE) has extended the timeframe for applying for a new TREC licence from the prime bourse by 10 more days until March 28. The DSE management has decided to extend the deadli...

Share prices of Rahima Food, Beacon Pharma keep soaring sans PSI

Share prices of Rahima Food, Beacon Pharma keep soaring sans PSI

FE REPORT 2021-03-17 10:10:04

The share prices of two listed firms - Rahima Food Corporation and Beacon Pharmaceuticals - are soaring without any undisclosed price sensitive information (PSI). Within two weeks, share price of Rah...

Stocks open higher riding on regulatory moves

Stocks open higher riding on regulatory moves

FE ONLINE REPORT 2021-03-16 11:54:41

Stocks soared at the opening on Tuesday thanks to the regulatory measures taken to boost the capital market. Within the first hour of trading, the DSEX advanced more than 28 points while the CSE All...

Central bank raises dividend payment limit for banks

Central bank raises dividend payment limit for banks

Siddique Islam and Babul Barman 2021-03-16 08:43:04

The central bank has decided to increase by 5.0 percentage points the maximum ceiling of dividend offered by banks to the shareholders. If implemented, the banks would be able to declare maximum 35 p...

Stocks post marginal rise after bumpy ride

Stocks post marginal rise after bumpy ride

FE ONLINE REPORT 2021-03-15 18:22:44

Stocks posted a marginal rise on Monday, after losing sharply in the previous day, as investors remained cautious amid lack of clear direction. DSEX, the prime index of the Dhaka Stock Exchange (DSE)...

Stocks see marginal rise

Stocks see marginal rise

FE ONLINE REPORT 2021-03-15 12:19:54

Stocks posted a marginal gain at the opening on Monday after the previous day’s sharp decline as bargain hunters showed their appetite on sector-wise issues. Within the first hour of trading, t...

Agrani Insurance declares 5.0pc cash, 5.0pc stock dividend

Agrani Insurance declares 5.0pc cash, 5.0pc stock dividend

FE ONLINE REPORT 2021-03-15 10:52:16

The board of directors of Agrani 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 c...

Index Agro IPO lottery draw on March 22

Index Agro IPO lottery draw on March 22

-- 2021-03-15 09:30:40

Index Agro Industries, the poultry and fish feed producer, is set to hold its initial public offering (IPO) lottery draw on March 22 to allocate IPO shares. Index Agro Industries, which received IPO...

Securities regulator exerting control over market, Chairman tells FE

Securities regulator exerting control over market, Chairman tells FE

MOHAMMAD MUFAZZAL 2021-03-15 09:06:15

The securities regulator is working independently without facing pressures or entertaining undue demands from any quarter, its head says. Instead, "Our control over the market is increasing day by da...

Stocks plummet on Sunday with lower turnover

Stocks plummet on Sunday with lower turnover

FE ONLINE REPORT 2021-03-14 16:04:06

Stocks plummeted on Sunday with lower turnover as risk-averse investors opted for booking profits on quick-gaining stocks. The market started on a flat note before ending lower as most of the investo...

Stocks open week on flat note

Stocks open week on flat note

FE ONLINE REPORT 2021-03-14 11:39:10

Stocks started the week on a flat note on Sunday amid volatile trading as investors mostly followed a cautious stance. Following the previous two weeks’ moderate gain, the Dhaka Stock Exchange...

JCI Dhaka Independent starts journey to assist young entrepreneurs

JCI Dhaka Independent starts journey to assist young entrepreneurs

FE REPORT 2021-03-14 09:33:21

A new chapter of Junior Chamber International (JCI) styled 'JCI Dhaka Independent' was launched on Saturday with the mission to provide development opportunities for young professionals and entreprene...

BSEC chairman hopeful about major changes in stock market in two years

BSEC chairman hopeful about major changes in stock market in two years

FE ONLINE DESK 2021-03-13 20:46:21

Bangladesh Securities and Exchange Commission (BSEC) Chairman Prof Shibli Rubayat-Ul-Islam is hopeful of bringing a major changes in the stock market of the country within next two years. "We have ta...

China's Ant Group CEO leaves after failed IPO prompts revamp

China's Ant Group CEO leaves after failed IPO prompts revamp

Reuters 2021-03-13 11:28:55

China’s Ant Group Chief Executive Officer Simon Hu has unexpectedly resigned amid a regulatory-driven overhaul of the financial technology giant’s business, the first top management exit s...

Mercantile Bank declares 10pc cash, 5.0pc stock dividend

Mercantile Bank declares 10pc cash, 5.0pc stock dividend

FE REPORT 2021-03-13 09:59:42

The board of directors of Mercantile Bank Ltd has recommended 10 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 come du...

AMC Entertainment bets on new movie releases

AMC Entertainment bets on new movie releases

-- 2021-03-12 09:20:43

AMC Entertainment Holdings Inc has said the roll-out of COVID-19 vaccines and the release of major movies, including Walt Disney Co’s “Black Widow”, would boost sales this year, send...

SoftBank-backed Coupang surges to over $100b valuation in debut

SoftBank-backed Coupang surges to over $100b valuation in debut

-- 2021-03-12 09:13:47

SoftBank Group Corp-backed Coupang was valued at around $109 billion in its market debut on Thursday after South Korea’s largest e-commerce company raised around $4.6 billion in the biggest US i...

Stocks inch higher after bumpy ride

Stocks inch higher after bumpy ride

FE Online Report 2021-03-11 17:22:22

Stocks posted a marginal gain on Thursday after high volatility as investors were active on both sides of the trading fence amid ongoing corporate declarations of December-end companies. The market m...

LankaBangla Finance declares 12pc cash dividend

LankaBangla Finance declares 12pc cash dividend

FE ONLINE REPORT 2021-03-11 12:03:02

The board of directors of LankaBangla Finance has recommended 12 per cent cash dividend for the year ended on December 31, 2020. The annual general meeting (AGM) will be held on April 29 at 11:00 am...

Stocks inch higher amid volatility

Stocks inch higher amid volatility

FE ONLINE REPORT 2021-03-11 11:24:25

Stocks inched higher on Thursday with volatility as investors were active on both sides of the trading fence. Following the previous two days’ moderate correction, the Dhaka Stock Exchange and...

Two insurers declare dividend for 2020

Two insurers declare dividend for 2020

FE Online Report 2021-03-11 11:13:49

The board of directors of two insurance companies – Reliance Insurance and United Insurance – have recommended dividends for the year ended on December 31, 2020, according to separate offi...

Shahjalal Islami Bank declares 12pc dividend

Shahjalal Islami Bank declares 12pc dividend

FE ONLINE REPORT 2021-03-11 10:33:41

The board of directors of Shahjalal Islami Bank has recommended 7.0 per cent cash and 5.0 per cent stock dividend for the year ended on December 31, 2020. The annual general meeting (AGM) will be hel...