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BSEC cautious about Robi's IPO approval

BSEC cautious about Robi's IPO approval

Mohammad Mufazzal 2020-07-26 10:17:49

The securities regulator is likely to approve the IPO (initial public offering) proposal of the country's second largest mobile operator Robi Axiata streamlining its demands in line with the existing...

Asia shares stymied by Sino-US spat, euro stays buoyant

Asia shares stymied by Sino-US spat, euro stays buoyant

REUTERS 2020-07-24 11:29:11

Asian shares slipped from six-month peaks on Friday as Sino-US tensions soured what had been an upbeat week, while the euro held a 21-month top against an embattled dollar and gold neared a record hig...

Marico Bangladesh declares 300pc interim cash dividend

Marico Bangladesh declares 300pc interim cash dividend

FE REPORT 2020-07-24 10:37:00

Marico Bangladesh, a fast-moving consumer goods multinational company, has declared 300 per cent interim cash dividend for April-June, 2020 quarter. The board of directors of the company in a virtual...

Financial parameters of LafargeHolcim rise in H1

Financial parameters of LafargeHolcim rise in H1

 FE DESK REPORT 2020-07-24 10:32:49

LafargeHolcim Bangladesh posted a positive growth in earnings per share for H1, a 6.0 per cent up. The Company achieved profit after tax (PAT) of BDT 843 million, up from BDT 794 million of the same...

Stocks edge up after single-day break

Stocks edge up after single-day break

FE ONLINE REPORT 2020-07-23 16:21:33

Stocks posted a modest gain on Thursday, after a single-day break, as bargain hunters showed their appetite on major sectors’ issues at the lowest possible prices. DSEX, the key index of the Dh...

Stocks witness positive trend amid thin participation

Stocks witness positive trend amid thin participation

FE ONLINE REPORT 2020-07-23 11:26:37

Stocks witnessed positive trend in early trading on Thursday as some investors showed their buying appetite on sector-wise issues amid ongoing virus scare and the floor price system. Within 30 minute...

Pioneer Insurance recommends 20pc cash dividend

Pioneer Insurance recommends 20pc cash dividend

FE ONLINE REPORT 2020-07-23 10:40:48

The board of directors of Pioneer Insurance Company Limited has recommended a 20 per cent cash dividend for the year ended on December 31, 2019. The final approval of the dividend will come during...

Marico BD declares 300pc interim cash dividend

Marico BD declares 300pc interim cash dividend

FE Online Report 2020-07-23 10:01:51

The board of directors of Marico Bangladesh Ltd has declared first interim dividend of 300 per cent cash for the three months financials that ended on June 30, 2020. The board of directors of the com...

RAK Ceramic's sales dip 32.5pc in H1

RAK Ceramic's sales dip 32.5pc in H1

FE REPORT 2020-07-23 09:51:54

RAK Ceramic's total sales plunged 32.5 per cent in January-June, 2020 compared to the same period of the previous year due to lower sales amid ongoing pandemic. The board of directors of the compan...

25 banks get go-ahead for fund formation

25 banks get go-ahead for fund formation

MOHAMMAD MUFAZZAL 2020-07-23 09:39:31

A total of 25 banks have secured their boards' approval for investing Tk 2.0 billion each in the capital market. The banks have submitted their information about the formation of a special fund to th...

LafargeHolcim BD's  resilient results in H1 amid Covid-19 fallout

LafargeHolcim BD's resilient results in H1 amid Covid-19 fallout

FE Online Desk 2020-07-23 01:00:17

LafargeHolcim Bangladesh posted a positive growth in earnings per share for H1 which is up by 6%. The Company achieved profit after tax (PAT) of BDT 843 million, up from BDT 794 million of the same pe...

Stocks back in the red

Stocks back in the red

-- 2020-07-22 18:03:58

Stocks backed in the red on Wednesday, snapping a two-day gaining streak, as risk-averse investors went for short-term profit booking on sector specific shares ahead of Eid festival. The retail inves...

Stocks back to the red amid low turnover

Stocks back to the red amid low turnover

FE ONLINE REPORT 2020-07-22 16:17:24

Stocks returned to the red on Wednesday, snapping a two-day gaining streak, as risk-averse investors went on selling binge on sector-wise issues. DSEX, the key index of the Dhaka Stock Exchange, went...

DSE down, CSE up at opening amid virus scare

DSE down, CSE up at opening amid virus scare

FE ONLINE REPORT 2020-07-22 11:24:56

Stocks witnessed mixed trend in early trading on Wednesday as investors mostly followed a cautious stance amid ongoing virus scare and the floor price system. Within 30 minutes of trading, DSEX fell...

Two more general insurers declare dividend

Two more general insurers declare dividend

FE ONLINE REPORT 2020-07-22 10:59:49

The boards of directors of two more general insurance companies have recommended dividends for the year ended on December 31, 2019, according to separate official disclosures on Wednesday. The compan...

BSEC to freeze shares of Shurwid directors

BSEC to freeze shares of Shurwid directors

FE REPORT 2020-07-22 10:31:51

The securities regulator has decided to freeze the shares of the directors of Shurwid Industries for submitting compliance reporting without completing the distribution of dividend for the year ended...

Govt move to enact single act

Govt move to enact single act

Mohammad Mufazzal 2020-07-22 10:25:50

The government has moved to bring the activities of the securities regulator and operations of the capital market under a single act to be enacted by the parliament on completion of relevant processes...

'Dhaka Bank to change the age-old banking structure'

'Dhaka Bank to change the age-old banking structure'

Siddique Islam 2020-07-22 10:25:16

Dhaka Bank Limited (DBL) has planned to introduce diversified financial technology (FinTech) based-services to ensure uninterrupted banking services for their customers, the bank's top executive has s...

Stocks extend gaining streak amid cautious optimism

Stocks extend gaining streak amid cautious optimism

FE ONLINE REPORT 2020-07-21 15:41:44

Stocks extended the gaining streak for the second day in a row on Tuesday as the buoyant investors showed their buying binge on major sectors’ issues at the lowest possible prices amid the floor...

EU recovery fund sends shares, euro to four-month highs

EU recovery fund sends shares, euro to four-month highs

REUTERS 2020-07-21 15:08:53

World shares and the euro hit their strongest levels since March on Tuesday after European Union leaders sealed a 750 billion euro ($857 billion) post-pandemic stimulus plan after a marathon five-day...

Stocks positive at opening amid virus scare

Stocks positive at opening amid virus scare

FE ONLINE REPORT 2020-07-21 11:35:19

Stocks witnessed positive trend in early trading on Tuesday as investors showed their buying binge on major sectors’ issues at the lowest possible prices amid the floor price system. Within 30...

Kay & Que, Aziz Pipes back in public market after two years

Kay & Que, Aziz Pipes back in public market after two years

FE ONLINE REPORT 2020-07-21 11:30:30

Kay & Que, and Aziz Pipes Ltd back to the public market for transactions on Tuesday, after remaining two years in the spot market.  The stock market regulator has allowed low-cap companies...

Two more insurers recommend dividend

Two more insurers recommend dividend

FE ONLINE REPORT 2020-07-21 11:02:22

The board of directors of two more insurance companies have recommended dividends for the year ended on December 31, 2019, according to separate official disclosures on Tuesday. Islami Insurance: T...

Rupali Bank for raising paid-up capital through issuance of rights

Rupali Bank for raising paid-up capital through issuance of rights

REZAUL KARIM 2020-07-21 09:57:10

The state-owned Rupali Bank has taken a move to increase its authorised capital to Tk 25 billion aiming to make its capital base sound and strong, officials said. Besides, the bank also wants to rais...

Stocks breach five-day losing streak

Stocks breach five-day losing streak

FE ONLINE REPORT 2020-07-20 15:49:01

Stocks broke a five-day losing streak on Monday as buoyant investors showed a buying binge at the lowest possible prices amid the floor price system. The market started on a positive note and the upw...

Asian shares stumble ahead of EU summit, US stimulus talks

Asian shares stumble ahead of EU summit, US stimulus talks

REUTERS 2020-07-20 11:08:31

Asian shares were downbeat on Monday with oil and copper also soft, as a spike in global coronavirus cases hung over markets awaiting efforts from the euro zone and United States to stitch together fi...

Indices of bourses escape large fall during Jan to March

Indices of bourses escape large fall during Jan to March

Mohammad Mufazzal 2020-07-20 09:49:36

Benchmark indices of both the bourses witnessed moderate correction against the sharp losses observed by some of the indices of south Asian stock exchanges amid Covid-19 pandemic. The market insiders...

Stocks extend losses as Eid nears

Stocks extend losses as Eid nears

FE ONLINE REPORT 2020-07-19 16:17:37

Stocks extended the losing streak for the fifth straight session on Sunday as the risk-averse investors continued their sell-offs ahead of Eid-ul-Azha. Market operators said some retail investors sol...

Stocks witness sharp fall at open

Stocks witness sharp fall at open

FE ONLINE REPORT 2020-07-19 11:36:51

Stocks witnessed sharp decline in early trading on Sunday as investors mostly followed cautious stance amid ongoing virus fears. Within 30 minutes of trading, DSEX, the key index of DSE, lost more th...

Republic Insurance declares 14pc dividend

Republic Insurance declares 14pc dividend

FE Online Report 2020-07-19 11:35:06

The board of directors of Republic Insurance Ltd has recommended 7.0 per cent cash and 7.0 per cent stock dividend for the year ended on December 31, 2019. The final approval will come during the ann...