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The Financial Express

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DSE up, CSE down in early trading

DSE up, CSE down in early trading

FE ONLINE REPORT 2020-11-09 10:58:29

Stocks witnessed mixed trends in early trading on Monday as investors mostly followed cautious stance after corporate declarations of most of the companies. Following the previous day’s negativ...

Stocks back in red after single-day break

Stocks back in red after single-day break

FE Online Report 2020-11-08 16:24:03

Stocks slipped back into the red on Sunday, after a single-day break as risk-averse investors went on late hours selling binge on sector-wise issues. DSEX, the key index of the Dhaka Stock Exchange,...

Index Agro’s cut-off price fixed at Tk 62 each

Index Agro’s cut-off price fixed at Tk 62 each

FE Online Report 2020-11-08 15:56:19

The cut-off price of shares of Index Agro Industries has been fixed at Tk 62 each through electronic bidding by eligible investors. The eligible investors took part in the price discovery of the comp...

Power Grid declares 20pc cash dividend

Power Grid declares 20pc cash dividend

FE ONLINE REPOERT 2020-11-08 11:03:55

The board of directors of state-run Power Grid Company of Bangladesh has recommended a 20 per cent cash dividend for the year ended on June 30, 2020. The final approval of the dividend will come duri...

Bourses open week on positive note

Bourses open week on positive note

FE ONLINE REPORT 2020-11-08 10:55:30

Stocks witnessed positive trend in early trading on Sunday as bargain hunters remained active on sector-wise issues based on corporate declarations. Following the previous week’s upward trend,...

Banks bank on low provisioning

Banks bank on low provisioning

FE REPORT 2020-11-08 10:23:57

Most of the listed banks witnessed rise in EPS (earnings per share) for July-September, 2020 compared to same period of the previous year. Officials said the banks' EPS rose following the central ban...

Most non-banking financial institutions lose profitability

Most non-banking financial institutions lose profitability

Babul Barman 2020-11-07 10:47:47

The earnings per share (EPS) of most of the listed non-banking financial institutions (NBFIs) fell in the nine months to September this year compared to that of the corresponding period of last year...

Insurance regulator sharpens focus on governance of companies

Insurance regulator sharpens focus on governance of companies

Ismail Hossain 2020-11-07 10:35:12

The insurance regulator wants to popularise insurance in the country and ensure good governance in the companies in order to make the industry stable, accountable and transparent. Dr M Mosharraf Hoss...

Stocks open higher amid optimism

Stocks open higher amid optimism

FE ONLINE REPORT 2020-11-05 11:03:32

Stocks witnessed upward trend in early trading on Thursday as bargain hunters remained active on sector-wise issues based on corporate declarations. Following the previous day’s modest correcti...

Associated Oxygen declares 10pc dividend

Associated Oxygen declares 10pc dividend

FE ONLINE REPORT 2020-11-05 10:55:34

The board of directors of recently listed Associated Oxygen has recommended 2.0 per cent cash dividend to public shareholders other than sponsors- directors and 8.0 per cent stock dividend to all the...

Wall Street firms crave certainty about US election, hope for quick stimulus

Wall Street firms crave certainty about US election, hope for quick stimulus

Reuters 2020-11-04 23:00:10

With the US presidential election turning into a nail-biter, bankers, traders and financial analysts told Reuters on Wednesday that Wall Street was worried the ultimate winner could have tough sleddin...

Stocks snap four-day gaining streak

Stocks snap four-day gaining streak

FE ONLINE REPORT 2020-11-04 16:02:48

Stocks slipped into the red on Wednesday, snapping a four-day winning streak, as risk-averse investors opted for booking profit on quick-gaining issues. DSEX, the key index of the Dhaka Stock Exchang...

DSE to introduce pre-opening, post-closing sessions Nov 19

DSE to introduce pre-opening, post-closing sessions Nov 19

FE Online Report 2020-11-04 13:12:40

Dhaka Stock Exchange (DSE) will introduce new sessions such as pre-opening and post-closing session on November 19 to create the scope of determining justified opening and closing price of the listed...

Listed companies may be barred from transferring funds to subsidiaries

Listed companies may be barred from transferring funds to subsidiaries

Mohammad Mufazzal 2020-11-04 09:29:42

The listed companies might soon be barred from providing interest-free loans to their subsidiaries or non-listed companies. A move to this effect is under consideration of the securities regulator---...

Stocks gain, dollar slips reacting to possible Biden win

Stocks gain, dollar slips reacting to possible Biden win

REUTERS 2020-11-04 09:04:33

The dollar slid and global equity markets rose on Tuesday on bets of increased stimulus if Joe Biden wins the US presidential election against President Donald Trump, but gold prices edged higher on t...

Esquire Knit Composite declares 15pc cash dividend

Esquire Knit Composite declares 15pc cash dividend

FE Online Report 2020-11-03 20:35:22

The Board of Directors of Esquire Knit Composite, a business unit of the Esquire Group, has recommended a 15 per cent cash dividend for the year ended on June 30, 2020. The final approval will come d...

Stocks manage some gains to extend winning streak

Stocks manage some gains to extend winning streak

FE ONLINE REPORT 2020-11-03 16:12:53

Stocks managed some gains on Tuesday to extend the winning streak for the fourth straight sessions as bargain hunters continued their buying binge on sector-wise issues. DSEX, the key index of the Dh...

Stocks rise at opening on corporate declarations

Stocks rise at opening on corporate declarations

FE ONLINE REPORT 2020-11-03 11:36:21

Stocks witnessed positive trend in early trading on Tuesday as bargain hunters continued their buying appetite on sector-wise issues based on corporate declarations. Following the previous three days...

Alltex Industries shut factory for 45 days

Alltex Industries shut factory for 45 days

FE ONLINE REPORT 2020-11-03 11:35:35

The board of directors of Alltex Industries has decided to temporarily shut down the factory for 45 days from Monday to carry out the refurbishment and reinstallation of underground gas lines. &ldquo...

City Bank declares Q3 financial performance

City Bank declares Q3 financial performance

FE Online Desk 2020-11-02 18:22:00

City Bank organized its Earnings Disclosure web cast event based on 3rd Quarter 2020 financial performances. The event was held on 2nd November, 2020 over digital platform. Existing & potential in...

DSEX exceeds 4,900-mark again

DSEX exceeds 4,900-mark again

FE ONLINE REPORT 2020-11-02 16:05:10

Stocks posted a marginal gain on Monday, extending the gaining streak for the third straight sessions, as bargain hunters continued their buying binge on sector-wise issues based on corporate declarat...

Express Insurance declares 5.0pc interim cash dividend

Express Insurance declares 5.0pc interim cash dividend

FE ONLINE REPORT 2020-11-02 11:23:08

The board of directors of Express Insurance Ltd has declared a 5.0 per cent interim cash dividend based on nine months’ un-audited financial statements that ended on September 30, 2020. The rec...

Bourses open on upward note

Bourses open on upward note

FE ONLINE REPORT 2020-11-02 10:53:49

Stocks witnessed positive trend in early trading on Monday as bargain hunters continued their buying appetite on sector-wise issues based on corporate declarations. Following the previous day’s...

Listed companies can now disburse interim cash dividend

Listed companies can now disburse interim cash dividend

FE REPORT 2020-11-02 10:39:09

The securities regulator has allowed the listed companies to recommend and distribute interim cash dividend from retained earnings subject to fulfilment of other rules and requirements. The Banglades...

Sponsor directors given Dec 9 deadline to hold 30pc company shares

Sponsor directors given Dec 9 deadline to hold 30pc company shares

FE REPORT 2020-11-02 10:00:05

The securities regulator has extended the deadline for sponsor-directors of the listed companies to comply with its directive to hold minimum of 30 per cent shares jointly up to December 9. The exten...

CSE offers free bulk, foreign trade to members for three months

CSE offers free bulk, foreign trade to members for three months

FE ONLINE REPORT 2020-11-01 19:14:27

The Chittagong Stock Exchange (CSE) has declared a three-month-long promotional programme to encourage more transactions in bulk and foreign windows. In a statement, the port-city bourse said its mem...

Stocks open month on upbeat note; turnover slumps

Stocks open month on upbeat note; turnover slumps

FE ONLINE REPORT 2020-11-01 16:14:54

Stocks ended higher on Sunday, the first trading day of November, as bargain hunters showed a buying spree on lucrative issues based on corporate declarations. DSEX, the key index of the Dhaka Stock...

Berger to invest Tk 914.8m to set up 2nd unit of Jenson & Nicholson

Berger to invest Tk 914.8m to set up 2nd unit of Jenson & Nicholson

FE Online Report 2020-11-01 12:16:01

Berger Paints Bangladesh Ltd is going to invest Tk 914.8 million by Jenson & Nicholson (Bangladesh) Ltd for the establishment of a second unit of the subsidiary at Savar. The project is expected...

Stocks make marginal gains at opening

Stocks make marginal gains at opening

FE ONLINE REPORT 2020-11-01 12:05:20

Stocks posted a marginal gain in early trading on Sunday as investors remained cautious amid the ongoing earnings and dividend declarations session. Following the previous week’s downturn, the...

Zeal Bangla’s share trading resumes today after 7-week

Zeal Bangla’s share trading resumes today after 7-week

FE ONLINE REPORT 2020-11-01 11:57:13

Share trading of Zeal Bangla Sugar Mills resumes today (Sunday), after remaining suspended for the seven weeks due to abnormal price hike of its share price. The Bangladesh Securities and Exchange Co...