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Reliance Ins approves 25pc cash dividend

Reliance Ins approves 25pc cash dividend

-- 2020-07-13 10:12:18

The 32nd Annual General Meeting of Reliance Insurance Limited was held on Sunday on digital platform. Mr. Habibullah Khan, Vice-Chairman of the Board of Directors presided over the meeting. The 32nd...

Regent Textile to extend IPO funds utilisation time further

Regent Textile to extend IPO funds utilisation time further

FE REPORT 2020-07-13 10:08:21

Regent Textile Mills Ltd has decided to revise and extend IPO funds utilisation and implementation time further as the company failed to utilise the funds fully within the stipulated timeframe. The...

Stocks stay afloat amid regulatory moves

Stocks stay afloat amid regulatory moves

FE ONLINE REPORT 2020-07-12 16:29:45

Stocks surged on Sunday, extending the winning streak for the fifth straight session, as the buoyant investors continued their buying spree at the lowest possible prices amid the floor price system....

Berger to launch expert sanitisation service

Berger to launch expert sanitisation service

FE ONLINE REPORT 2020-07-12 14:16:18

Berger Paints Bangladesh is planning to introduce Berger expert sanitisation service as part of its business diversification. The service is expected to be launched in the fourth week of July 2020, a...

Share price of Paramount Ins soaring sans PSI

Share price of Paramount Ins soaring sans PSI

FE REPORT 2020-07-11 10:06:34

The share price of Paramount Insurance Company is soaring without having any undisclosed price sensitive information. Within a week, the company's share price jumped more than 53 per cent or Tk 23 ea...

Weekly review: Stocks extend winning streak amid regulatory moves

Weekly review: Stocks extend winning streak amid regulatory moves

Babul Barman 2020-07-11 10:00:15

Stocks extended the winning streak for the third straight week that ended on Thursday as investors showed their appetite following the ultimatum for complying with minimum shareholding by the stock ma...

Yields on treasury bills fall in June   

Yields on treasury bills fall in June  

JASIM UDDIN HAROON 2020-07-11 09:35:06

The yields on treasury bills slid in June last over the same period of a year earlier, according to Bangladesh Bank data. The falling trend of the same was also continuing in this month of July amid...

Asian stocks fall on virus worry, China stock rally pauses

Asian stocks fall on virus worry, China stock rally pauses

REUTERS 2020-07-10 10:42:44

Asian shares and US stock futures fell on Friday as record-breaking new coronavirus cases in several US states stoked concerns that new lockdowns could derail an economic recovery, while investors loo...

Brokerage firms' mkt operations: Deficiencies found in many accounts

Brokerage firms' mkt operations: Deficiencies found in many accounts

FE Report 2020-07-10 09:48:21

The securities regulator and the premier bourse have strengthened monitoring over the brokerage firms' market operations to ensure the protection of investors' funds and shares. As part of the move...

Stocks keep gaining amid soaring turnover

Stocks keep gaining amid soaring turnover

FE ONLINE REPORT 2020-07-09 16:21:29

Stocks extended the winning streak for the four consecutive sessions on Thursday as the optimistic investors continued their appetite following the minimum shareholding ultimatum by the securities r...

Global stocks: China charges on, gold reaches nine-year high

Global stocks: China charges on, gold reaches nine-year high

REUTERS 2020-07-09 15:58:59

European shares were rising again after a two-day wobble on Thursday as China’s markets continued their charge, and something between fear and greed propelled gold to a nine-year high. Chinese...

Bata Shoe declares ‘no’ final dividend

Bata Shoe declares ‘no’ final dividend

FE ONLINE REPORT 2020-07-09 11:43:24

The board of directors of the Bata Shoe Company (Bangladesh) has recommended ‘no’ final dividend for the year ended on December 31, 2019 due to the worldwide as well as the countrywide shu...

Stocks open higher amid soaring turnover

Stocks open higher amid soaring turnover

FE ONLINE REPORT 2020-07-09 11:30:43

Stocks witnessed an upward trend in early trading on Thursday as optimistic investors showed their appetite following the minimum shareholding ultimatum by the stock market regulator. Within 30 minut...

Dutch-Bangla Bank approves 25pc dividend

Dutch-Bangla Bank approves 25pc dividend

FE DESK REPORT 2020-07-09 09:40:32

The 24th Annual General Meeting (AGM) of Dutch-Bangla Bank Limited was held on Wednesday through virtual platform under the Chairmanship of Sayem Ahmed, Chairman of the board of directors of the ban...

Govt revenue from DSE hits 10-year low

Govt revenue from DSE hits 10-year low

Babul Barman 2020-07-09 09:37:58

The government's revenue earnings from the Dhaka Stock Exchange (DSE) hit more than 10 years low to Tk 1.04 billion in the just concluded fiscal year (FY) 2019-20due to bearish market trend. Market o...

Bourses extend winning streak amid rising turnover

Bourses extend winning streak amid rising turnover

FE ONLINE REPORT 2020-07-08 15:59:16

Stocks extended the gaining streak for the three consecutive sessions on Wednesday as some investors continued to show their buying appetite following the minimum shareholding ultimatum by the regulat...

Stocks open positive as bourses back normal trading

Stocks open positive as bourses back normal trading

FE ONLINE REPORT 2020-07-08 11:20:49

Stocks saw a positive trend in early trading on Wednesday as optimistic investors showed their appetite following the minimum shareholding ultimatum by the stock market regulator. Recently, the sec...

Public subscription of Walton IPO to begin Aug 9

Public subscription of Walton IPO to begin Aug 9

FE REPORT 2020-07-08 10:13:22

Public subscription of Walton Hi-Tech Industries Ltd is set to open on August 9 which will be continued until August 16. The company received the letter of consent from the Bangladesh Securities an...

Crest Securities owner, wife 'confesses to crime'

Crest Securities owner, wife 'confesses to crime'

-- 2020-07-07 21:27:49

Crest Securities Ltd Managing Director Md Shahid Ullah and his wife Nipa Sultana have confessed to their involvement with the embezzlement of clients’ funds during primary interrogations, police...

Bourses back to regular trading hours Wednesday

Bourses back to regular trading hours Wednesday

FE ONLINE REPORT 2020-07-07 16:00:55

Trading on Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) will return to normal schedule of four hours tomorrow (Wednesday). As per the new decision, trading at the bourses will begin...

DSEX exceeds 4,000-mark after five weeks

DSEX exceeds 4,000-mark after five weeks

FE ONLINE REPORT 2020-07-07 15:18:30

The prime index of the Dhaka Stock Exchange (DSE) crossed the 4,000-mark after five weeks on Tuesday as optimistic investors continued their buying binge on the regulatory move for ensuring mandatory...

DSEX touches 4,000-mark in early trading

DSEX touches 4,000-mark in early trading

FE ONLINE REPORT 2020-07-07 10:55:16

Stocks witnessed an upward trend in early trading on Tuesday as optimistic investors went on buying binge at the lowest possible prices riding on the regulatory move for ensuring mandatory shareholdin...

BB removes ONE Bank chairman over loan delinquency

BB removes ONE Bank chairman over loan delinquency

-- 2020-07-06 20:26:15

Bangladesh Bank has removed ONE Bank Chairman Sayeed Hossain Chowdhury over bad loans tied to one of his companies. The episode of delinquency stems from his loans from Standard Bank. The loans borr...

Stocks rebound amid rising turnover

Stocks rebound amid rising turnover

FE ONLINE REPORT 2020-07-06 14:32:09

Stocks rebounded on Monday with soaring turnover as some investors went on buying binge riding on the regulatory move for ensuring mandatory shareholding rules. The stock market regulator has asked 6...

BSEC gets tough on minimum shareholding

BSEC gets tough on minimum shareholding

FE ONLINE REPORT 2020-07-06 12:04:23

The stock market regulator has asked 61 directors of 22 listed companies to ensure a minimum 2.0 per cent shares in their own companies within 45 days to continue their directorship. The Bangladesh S...

Asia shares climb as China blue chips hit five-year peak

Asia shares climb as China blue chips hit five-year peak

REUTERS 2020-07-06 11:41:36

Asian shares scaled four-month peaks on Monday as investors counted on super-cheap liquidity and fiscal stimulus to sustain the global economic recovery, even as surging coronavirus cases delayed re-o...

Stocks down at opening on DSE, CSE

Stocks down at opening on DSE, CSE

FE ONLINE REPORT 2020-07-06 11:09:29

Stocks witnessed a downward trend in early trading on Monday with turnover remaining low as investors mostly followed cautious stance amid worsening pandemic situation in the country. Within 30 minut...

Phoenix Insurance, Phoenix Finance declare dividend 

Phoenix Insurance, Phoenix Finance declare dividend 

FE ONLINE REPORT 2020-07-06 10:44:01

The board of directors of Phoenix Insurance Company, and Phoenix Finance & Investment have recommended dividend for the year ended on December 31, 2019, according to separate official disclosures...

BSEC moves to formulate transaction rules for perpetual bonds

BSEC moves to formulate transaction rules for perpetual bonds

FE Report 2020-07-06 10:10:48

The securities regulator has moved to formulate rules for transactions of all perpetual bonds through the main trading platforms of the stock exchanges. The Bangladesh Securities and Exchange Commi...

Stocks edge down amid low turnover

Stocks edge down amid low turnover

FE ONLINE REPORT 2020-07-05 14:06:48

Stocks edged lower on Sunday as investors remained cautious amid ongoing pandemic situation and floor price limitation. DSEX, the key index of the Dhaka Stock Exchange (DSE), went down by 5.21 points...