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The Financial Express

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Bourses open week on negative note

Bourses open week on negative note

FE Online Report 2019-12-22 11:38:04

Stocks witnessed a downward trend in the early hours of trading on Sunday as investors mostly followed cautious stance. Following the previous week’s slump, the Dhaka Stock Exchange (DSE) and t...

Election on December 29: Three candidates to vie for DSE polls

Election on December 29: Three candidates to vie for DSE polls

FE Report 2019-12-22 10:33:43

Three shareholders of Dhaka Stock Exchange (DSE) have submitted their nomination papers to contest for posts of two shareholder directors of the premier bourse. The candidates are Shakil Rizvi, manag...

Ring Shine week's worst loser after debut

Ring Shine week's worst loser after debut

FE Report 2019-12-21 11:24:14

Ten most-traded firms accounted for one-fourth transactions of the Dhaka Stock Exchange (DSE) last week that ended on Thursday. Ring Shine Textiles, which made debut on December 12, emerged as the we...

E-commerce trade still poor in BD: WB report

E-commerce trade still poor in BD: WB report

Saif Uddin 2019-12-21 11:05:11

The rate of online sales through different e-commerce platforms accounts for a very limited portion of the total retail sales in Bangladesh, according to a World Bank (WB) study. "Global online purch...

July-Nov farm credit flow up by over 11pc

July-Nov farm credit flow up by over 11pc

Siddique Islam 2019-12-21 10:51:39

Farm credit disbursement grew by more than 11 per cent in the first five months of the current fiscal year (FY), 2019-20, as demand for such loan has been picked up due to seasonal effects. Disburs...

Financial sector's input to GDP drops for second year

Financial sector's input to GDP drops for second year

FHM HUMAYAN KABIR 2019-12-21 09:39:04

Irregularities and problems of various nature in the country's banking and financial sector have hit its growth, as the sector's expansion rate has fallen in the last fiscal year (FY), 2018-19, for th...

No bar to changing asset manager of two MFs, says BSEC lawyer

No bar to changing asset manager of two MFs, says BSEC lawyer

MOHAMMAD MUFAZZAL 2019-12-20 11:36:58

The securities regulator now can change the asset manager of two closed-end mutual funds (MFs) as the Supreme Court (SC) has stayed the status quo which barred the regulator from doing so, a jurist sa...

Genex Infosys generates highest turnover

Genex Infosys generates highest turnover

FE Report 2019-12-20 11:33:02

Ten most traded companies accounted for 27 per cent transactions on the Dhaka Stock Exchange (DSE) on Thursday, with Genex Infosys Ltd. dominating the turnover chart. Market analysts said investors c...

MI Cement approves 10pc div

MI Cement approves 10pc div

FE Online Report 2019-12-20 11:30:03

MI Cement Factory Ltd., popularly known as Crown Cement, has approved 10 per cent cash dividend for its shareholders for the year ended on June 30, 2019. The approval came at the 25th annual general...

Nine PPP-G2G projects: Scope aplenty for $10b investment

Nine PPP-G2G projects: Scope aplenty for $10b investment

MUNIMA SULTANA 2019-12-20 10:11:10

Scope abounds for a whacking $10-billion investment in nine projects under public-private partnership (PPP) with the government-to-government (G2G) arrangement. The PPP Authority (PPPA) has so far si...

DSE, CSE break three-day losing streak

DSE, CSE break three-day losing streak

FE Online Report 2019-12-19 15:56:08

Stocks backed to the green on Thursday, snapping a three-day losing streak, as bargain hunters showed their buying appetite on large-cap shares. Analysts said the market edged up as the optimistic...

Markets drive gains in early trading

Markets drive gains in early trading

FE Online Report 2019-12-19 11:42:58

Stocks witnessed sharp gain in early hours of trading on Thursday as bargain hunters showed their appetite on sector-wise shares. Following the previous three days’ slump, the Dhaka Stock Excha...

Taka strengthens against dollar

Taka strengthens against dollar

SIDDIQUE ISLAM 2019-12-19 10:52:23

The local currency appreciated by two paisa against US dollar on Wednesday after nearly three years in the inter-bank foreign exchange (forex) market. Dollar was quoted at Tk 84.88 per unit on the...

ESCAP sees BD's positive trade growth in 2019

ESCAP sees BD's positive trade growth in 2019

FE REPORT 2019-12-19 10:50:46

Despite sluggish merchandise exports from Bangladesh in the outgoing year 2019, a United Nations (UN) body forecasts positive annual export growth for the country. The UN Economic and Social Commissi...

Stock market lifeline: Govt seeks opinions of BB, BSEC

Stock market lifeline: Govt seeks opinions of BB, BSEC

MOHAMMAD MUFAZZAL 2019-12-19 10:21:32

The Ministry of Finance (MoF) has sought opinions from the central bank and the securities regulator on a loan amount of Tk 100 billion (10,000 crore) sought by stock brokers to shore up the moribund...

'Single digit lending rate for manufacturing sector from January 1'

'Single digit lending rate for manufacturing sector from January 1'

BSS 2019-12-18 20:20:57

Finance Minister AHM Mustafa Kamal has expected that the bank interest rate for manufacturing sector will come down to single digit from January 1 for accelerating the country’s industrialisatio...

DSE turnover dips to six-month low

DSE turnover dips to six-month low

FE REPORT 2019-12-18 15:57:49

The daily trade turnover on the Dhaka Stock Exchange (DSE) fell to six months low on Thursday as investors were reluctant to make fresh investment in stocks amid ongoing bearish trend. Turnover, a...

Bata Shoe declares 125pc interim cash dividend

Bata Shoe declares 125pc interim cash dividend

FE Online Report 2019-12-18 11:31:02

The board of directors of Bata Shoe Company Limited has declared 125 per cent interim cash dividend, said an official disclosure on Wednesday. The multinational shoe maker declared this dividend cons...

DSEX dips below 4400-mark in early trading

DSEX dips below 4400-mark in early trading

FE Online Report 2019-12-18 11:28:59

Stocks witnessed downturn with key index dropped below the 4,400-mark in early hours of trading on Wednesday as panic-driven investors continued their selling binge. Following the previous two days&r...

Ring Shine dips 19pc in two days

Ring Shine dips 19pc in two days

FE Report 2019-12-18 10:39:26

Ten most traded companies accounted for 26 per cent transactions of the Dhaka Stock Exchange (DSE) on Tuesday. Ring Shine Textiles topped the chart. Market analysts said investors continued their se...

RMG export drops 6.61pc in July-Nov

RMG export drops 6.61pc in July-Nov

MONIRA MUNNI 2019-12-18 10:22:47

The country's ready-made garment (RMG) export to major non-traditional markets witnessed a negative growth of 6.61 per cent during the first five months of current fiscal year (FY), 2019-20, accordi...

'Poverty rate drops to 20.5pc in FY19'

'Poverty rate drops to 20.5pc in FY19'

FE Online Desk 2019-12-17 18:00:17

The poverty rate in Bangladesh came down to 20.5 per cent in the fiscal 2018-19. The figure was 21.8 at the end of 2017-18 fiscal year. Planning Minister MA Mannan gave the information while briefing...

ECNEC approves nine projects involving Tk 32.27b

ECNEC approves nine projects involving Tk 32.27b

UNB 2019-12-17 17:39:29

The Executive Committee of the National Economic Council (ECNEC) on Tuesday cleared nine projects involving Tk 32.27 billion. The approval came from the ECNEC meeting held at NEC Conference room in t...

Panic sale sends stocks to 42-month low

Panic sale sends stocks to 42-month low

FE Online Report 2019-12-17 16:49:17

The prime index of Dhaka bourse tumbled to 42 months low on Tuesday as panic-driven investors dumped their holdings to prevent further losses. DSEX, the prime index of the Dhaka Stock Exchange, slump...

Stocks inch down in early trading

Stocks inch down in early trading

FE Online Report 2019-12-17 11:28:20

Stocks witnessed a slight loss in early hours of trading on Tuesday as investors mostly cautious amid growing concern over the country’s macroeconomic situation. Following the previous session&...

Non-listed ins companies yet to go public

Non-listed ins companies yet to go public

FE REPORT 2019-12-17 11:00:10

Even though the deadline already expired, no visible progress has been made to bring non-listed insurance companies into the capital market, officials said. As a result, Insurance Development and Reg...

Transfer Pricing Cell to put 921 foreign cos under scanner

Transfer Pricing Cell to put 921 foreign cos under scanner

DOULOT AKTER MALA 2019-12-17 10:02:20

The Transfer Pricing Cell (TPC) would put some 921 foreign companies, operating in Bangladesh in various forms, under its close scrutiny to find out the level of their tax compliance in relation to cr...

DSEX drops below 4,500-mark on Sunday

DSEX drops below 4,500-mark on Sunday

FE REPORT 2019-12-16 11:24:38

The benchmark index of Dhaka Stock Exchange (DSE) fell below the ‘psychological’ threshold of 4,500-mark on Sunday amid growing concern about the country’s overall economy. DSEX, th...

DSE key index dips below 4,500-mark

DSE key index dips below 4,500-mark

FE Online Report 2019-12-15 17:26:51

The key index of Dhaka bourse tumbled to a fresh 41-month low on Sunday as worried investors continued their selling binge amid growing concern over the country’s overall economy. DSEX, the pri...

Bourses post modest gain in early trading

Bourses post modest gain in early trading

FE Online Report 2019-12-15 11:35:53

Stocks posted a marginal gain in the early hour of trading on Sunday as investors remained cautious amid growing concern over the country’s macroeconomic situation. Following the last week&rsqu...