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Stocks end lower despite GP share surge

Stocks end lower despite GP share surge

FE Online Report 2020-02-23 16:23:14

Stocks closed lower on Sunday despite the heavyweight Grameenphone (GP) shares surged following the news to deposit Tk 10 billion to BTRC. DSEX, the prime index of the Dhaka Stock Exchange (DSE), set...

Second graduation ceremony of BIBM’s Certification Courses held

Second graduation ceremony of BIBM’s Certification Courses held

FE Online Desk 2020-02-23 14:27:29

The Graduation Ceremony of BIBM’s Certification Courses organized by Bangladesh Institute of Bank Management (BIBM) was held at BIBM premises recently. Fazle Kabir, Chairman of the BIBM Governi...

Bourses witness mixed trend despite GP surge

Bourses witness mixed trend despite GP surge

FE Online Report 2020-02-23 12:09:56

Stocks witnessed volatility in the early hours of trading on Sunday despite a surge in Grameenphone (GP) shares following the news of the telcom operator's decision to deposit Tk 10 billion in dues to...

25 cos to go public to raise Tk 13.34 billion

25 cos to go public to raise Tk 13.34 billion

Mohammad Mufazzal 2020-02-23 10:08:56

Some 25 companies are set to raise an aggregate amount of capital worth Tk 13.34 billion from the capital market. The companies will raise capitals floating IPOs (initial public offerings) under the...

Banking commission must operate independently: CPD

Banking commission must operate independently: CPD

-- 2020-02-22 21:33:43

The Centre for Policy Dialogue (CPD) has welcomed the government's decision to form a banking commission in a bid to pull the country's financial services sector out of its current slump. But the org...

BD eyes further economic ties with Turkey

BD eyes further economic ties with Turkey

-- 2020-02-21 15:51:10

Bangladeshi President Abdul Hamid called Thursday for greater trade and investment with Turkey to explore the potentials of the two countries in various sectors, reports Daily Sabah.  "There is...

Robi plans to go public

Robi plans to go public

-- 2020-02-21 13:40:55

Robi, the second largest mobile operator in Bangladesh, is seeking to raise Tk 5.2 billion from the capital market through an initial public offering (IPO), reports bdnews24.com.  It plans to of...

Stocks end week on negative note

Stocks end week on negative note

FE Online Report 2020-02-20 16:36:43

Stocks finished week on marginally lower Thursday as risk-averse investors went on sell-offs on sector-wise shares. DSEX, the prime index of the Dhaka Stock Exchange (DSE), settled at 4,733, shedding...

Stocks up at open

Stocks up at open

FE Online Report 2020-02-20 11:29:38

Stocks witnessed an upward trend in the early hours of trading on Thursday as investors maintained their appetite on sector-wise issues. Following the previous day’s modest gain, the Dhaka Stoc...

Delta Brac declares 35pc dividend

Delta Brac declares 35pc dividend

FE Online Report 2020-02-20 11:27:57

The board of directors of Delta Brac Housing Finance Corporation Ltd has recommended 20 per cent cash and 15 per cent stock dividend for the year ended on December 31, 2019. The annual general meetin...

Online module a boon to aggrieved investors

Online module a boon to aggrieved investors

Mohammad Mufazzal 2020-02-20 10:35:20

The securities regulator has settled above 92 per cent of total complaints made by investors in last six months through newly-introduced online complaint module. The Bangladesh Securities and Exchang...

Govt may revise decision on post office savings interest rate

Govt may revise decision on post office savings interest rate

-- 2020-02-19 19:36:35

The government would revise the recent decision of interest rate cut on post office savings schemes considering the concern of the marginalised and low-income people. Finance Minister AHM Mustafa Kam...

Bourses witness downtrend at open

Bourses witness downtrend at open

FE Online Report 2020-02-19 11:50:54

Stocks witnessed a downward trend in the early hours of trading on Wednesday as risk-averse investors opted for booking quick-profit on selective shares. Following the previous day’s modest c...

Reliance Insurance declares 25pc dividend

Reliance Insurance declares 25pc dividend

FE Online Report 2020-02-19 11:17:54

The board of directors of Reliance Insurance has recommended 25 per cent cash dividend for the year ended on December 31, 2019. The final approval will come during the annual general meeting schedule...

Banks' provision shortfall shrinks by 18pc in Q4

Banks' provision shortfall shrinks by 18pc in Q4

FE Report 2020-02-19 10:16:49

The shortfall in provisions against loans, mostly classified ones, in the banking system has narrowed by over 18 per cent in the fourth quarter of 2019 on the back of lower growth in default loans. T...

Power sector received Tk 522.6b as subsidy in 10 years

Power sector received Tk 522.6b as subsidy in 10 years

UNB 2020-02-18 20:19:34

State Minister for Power, Energy and Mineral Resources Nasrul Hamid informed the parliament on Tuesday that the government provided Tk 522.60 billion as subsidy to power sector in the last 10 years....

Stocks break five-day winning streak

Stocks break five-day winning streak

FE Online Report 2020-02-18 16:14:50

Stocks slipped into the red on Tuesday, snapping a five-day winning streak, as investors opted for quick-profit on selective large-cap issues. The market opened on upward trend and key index of the p...

Share prices of two cos’ keep soaring sans PSI

Share prices of two cos’ keep soaring sans PSI

FE Online Report 2020-02-18 13:51:50

The share prices of two companies - Orion Pharmaceuticals and Orion Infusions - have been soaring despite no undisclosed price sensitive information. Within 12 trading days, share price of Orion Phar...

UN initiative to improve environment, livelihoods and energy supply in Cox's Bazar

UN initiative to improve environment, livelihoods and energy supply in Cox's Bazar

FE Online Desk 2020-02-18 13:20:47

Three United Nations (UN) agencies have launched the Safe Access to Fuel and Energy Plus Livelihoods (SAFE Plus) project in Dhaka alongside the Government of Bangladesh to mitigate deforestation and i...

DSEX exceeds 4800-mark in early trading

DSEX exceeds 4800-mark in early trading

FE Online Report 2020-02-18 11:28:50

Stocks rose steeply in the early hours of Tuesday trading sending the DSE key index above the 4800-mark, as the enthusiastic investors maintained their buying interest on selective large-cap shares....

Bangladesh eyes stronger commercial ties with Qatar

Bangladesh eyes stronger commercial ties with Qatar

UNB 2020-02-17 18:30:06

Bangladesh and Qatar on Monday discussed ways to strengthen commercial ties further between the two countries and send more workers there ahead of the FIFA World Cup to be held in Qatar in November-De...

Stocks extend gaining streak amid optimism

Stocks extend gaining streak amid optimism

FE Online Report 2020-02-17 16:54:13

Stocks extended the winning streak for the fifth straight session on Monday as investors continued their buying binge on sector-wise shares. DSEX, the prime index of the Dhaka Stock Exchange, continu...

Walton Hi-Tech’s IPO share bidding begins Mar 2

Walton Hi-Tech’s IPO share bidding begins Mar 2

FE Online Report 2020-02-17 13:56:32

The bidding for discovering cut-off price for initial public offering (IPO) share of Walton Hi-Tech Industries by the eligible investors is set to begin on March 2. The electronic bidding will contin...

Stocks witness upturn at open

Stocks witness upturn at open

FE Online Report 2020-02-17 11:27:35

Stocks witnessed an upward trend in the early hours of trading on Monday as some investors kept their buying interest on sector-wise shares. Following the previous day’s sharp gain, the Dhaka S...

CIB database access: BB spurns securities regulator's request

CIB database access: BB spurns securities regulator's request

SYFUL ISLAM 2020-02-17 09:54:56

The central bank has refused to grant the securities regulator the access to its database for scrutinising the credit record of individuals or potential bond issuers, officials said. The Bangladesh S...

Interest rates of savings certificates not lowered

Interest rates of savings certificates not lowered

UNB 2020-02-16 21:11:01

The government has clarified that interest rates of different savings schemes with Post Office Savings Bank were lowered, not that of any savings certificate. The Ministry of Finance issued the clari...

DSEX exceeds 4,700-mark on heavy buying

DSEX exceeds 4,700-mark on heavy buying

FE Online Report 2020-02-16 16:17:53

Stocks kept soaring with the key index of the Dhaka Stock Exchange (DSE) hitting two and a half months on Sunday amid growing investors’ confidence in the market. The market started on a flying...

Stocks jump at open amid soaring turnover

Stocks jump at open amid soaring turnover

FE Online Report 2020-02-16 11:38:53

Stocks witnessed a sharp rise in the early hours of trading on Sunday as investors maintained their buying interest on major sectors’ shares. Market analysts the central bank’s market sup...

Islamic transactions snare 25pc of country's total banking assets

Islamic transactions snare 25pc of country's total banking assets

FE DESK 2020-02-16 10:56:29

At present, the market share of assets of the Islamic banking industry is around 25 per cent of the country's total banking assets. Among the top 35 jurisdictions in terms of domestic market share of...

Merchant bankers seek fiscal incentives to revamp stock mkt

Merchant bankers seek fiscal incentives to revamp stock mkt

FE REPORT 2020-02-16 10:17:53

Merchant bankers have suggested offering special fiscal incentives, including tax and VAT waivers, to help woo large and renowned companies to the stock market. They felt since mobilisation of funds...