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The Financial Express

Search results for: bangladesh

New Line Clothings makes flying debut

New Line Clothings makes flying debut

FE Report 2019-05-28 10:43:42

New Line Clothings Ltd made a flying trading debut on Monday as its share price jumped 98 per cent due to investors' 'irrational hype' over the new issue. The company's share price was traded between...

Stocks witness another flat session amid choppy trading

Stocks witness another flat session amid choppy trading

FE Online Report 2019-05-27 16:49:29

Stocks witnessed another flat session Monday amid choppy trading as investors mostly followed cautious stance ahead of Eid festival. Market analysts said majority of the investors were reluctant to m...

Stocks witness marginal gain in early trading

Stocks witness marginal gain in early trading

FE Online Report 2019-05-27 11:29:52

Stocks on both bourses posted a marginal gain in early trading on Monday as some investors were active on sector-wise shares. Following the previous day’s flat movement, the Dhaka Stock Exchang...

Mercantile Bank puts thrust on SME, agent banking

Mercantile Bank puts thrust on SME, agent banking

FE Report 2019-05-27 10:08:29

Mercantile Bank Limited has taken a number of steps to broaden its activities in the areas of SME, IT-based banking and agent banking. "Developing the small and medium enterprises (SME), flourishing...

BB gives banks a prod in scaling up listed securities

BB gives banks a prod in scaling up listed securities

FE Report 2019-05-27 10:01:11

The central bank has issued a policy, which will indirectly encourage banks to boost investment in listed securities to keep the risk within limit, officials said. Under the policy, the banks have be...

'Per capita income likely to reach $6,000 by 2030'

'Per capita income likely to reach $6,000 by 2030'

-- 2019-05-26 21:27:08

Commerce Minister Tipu Munshi has voiced his firm optimism that the per capita income of the country would reach $5,000 to $6,000 by 2030. He also hoped that Bangladesh would be able to graduate full...

Stocks end flat after unstable trading

Stocks end flat after unstable trading

FE Online Report 2019-05-26 18:22:59

Stocks ended almost flat on Sunday after volatile trading as investors mostly followed cautious stance ahead of national budget and ongoing holy Ramadan. Market analysts a section of investors prefer...

New Line Clothings makes debut Monday

New Line Clothings makes debut Monday

FE Online Report 2019-05-26 12:24:13

Trading of the shares of New Line Clothings Ltd will commence on the bourses tomorrow (Monday) under ‘N’ category, officials said. The Dhaka Stock Exchange (DSE) trading code for the comp...

Exclusive economic zone for Japanese investors on cards

Exclusive economic zone for Japanese investors on cards

-- 2019-05-25 20:15:13

An exclusive economic zone for Japanese investors is going to be developed at Araihazar upazila in Nayaranganj alongside Dhaka-Syhet Highway. Bangladesh Economic Zone Authority (BEZA) will sign a joi...

Weekly analysis: Stocks edge higher

Weekly analysis: Stocks edge higher

Babul Barman 2019-05-25 10:45:27

Stocks edged higher in the outgoing week, snapping a two-week losing streak, as the government's market-supportive measures brought a ray of hope to general investors. Market analysts said the centra...

BRAC Bank tops weekly turnover chart

BRAC Bank tops weekly turnover chart

FE Report 2019-05-25 10:43:06

The BRAC Bank generated the highest turnover on the Dhaka Stock Exchange (DSE) in the outgoing week, while ten most-traded companies accounted for more than 23 per cent of the weekly transactions....

Interest rate spread slightly low in April

Interest rate spread slightly low in April

Siddique Islam 2019-05-25 10:03:56

The overall interest rate spread in the country's banking sector narrowed down slightly as commercial banks increased deposit rates while lending rates fell, officials said. The weighted average sp...

Bourses to remain closed for nine days

Bourses to remain closed for nine days

FE Online Report 2019-05-24 13:46:05

Trading and official activities on Dhaka Stock Exchange (DSE) will remain closed for nine days from May 31 to June 8 on the occasion of Eid-ul-Fitr. The decision came from a board meeting of DSE he...

Coppertech listing: DSE to seek opinion from BSEC

Coppertech listing: DSE to seek opinion from BSEC

FE Report 2019-05-24 10:52:12

The country's premier bourse has decide to seek an opinion from the securities regulator on the next course of action regarding the listing of Coppertech Industries Ltd. mired in 'controversies' ove...

Sea Pearl Beach holds IPO lottery draw

Sea Pearl Beach holds IPO lottery draw

FE Report 2019-05-24 10:42:39

The Sea Pearl Beach Resort & Spa Ltd held its initial public offering (IPO) lottery draw on Thursday to allocate 15 million shares among general investors. The lottery draw was held at the AGB...

Ten cos grab 26pc transactions

Ten cos grab 26pc transactions

FE Report 2019-05-24 10:40:56

Ten most-traded companies accounted for 26 per cent transactions on the Dhaka Stock Exchange (DSE) on Thursday, with Prime Finance & Investment, a 'Z' category company, making it to the top of t...

'ROI in Bangladesh higher than neighbours'

'ROI in Bangladesh higher than neighbours'

FE Report 2019-05-24 10:09:34

Return on investment (ROI) in Bangladesh is much higher than its neighbouring countries, Foreign Minister Dr A K Abdul Momen told a delegation of the Hong Kong-based Chinese Manufacturers' Association...

Tax collection target may be Tk 3.25t for FY '20

Tax collection target may be Tk 3.25t for FY '20

Doulot Akter Mala 2019-05-24 09:23:41

Tax collection target is likely to be set at Tk 3.25 trillion for the upcoming fiscal year with 16 per cent growth over the revised goal of FY 2018-19. At Tk 1.17 trillion, the highest tax collection...

Govt prioritising PPP development in next FY

Govt prioritising PPP development in next FY

-- 2019-05-23 19:04:55

The government has planned to take 30 per cent Annual Development Programme (ADP) projects under the Public-Private Partnership in the next fiscal to boost PPP growth for infrastructural development....

EBL approves 30pc dividend at 27th AGM

EBL approves 30pc dividend at 27th AGM

-- 2019-05-23 15:54:12

The board of directors of Eastern Bank Limited (EBL) has unanimously approved 20 per cent cash and 10 per cent stock dividend for the year ended on 31 December 2018.  The approval of the dividen...

Stocks end nearly flat after bumpy ride

Stocks end nearly flat after bumpy ride

FE Online Report 2019-05-23 15:19:44

Stocks ended flat on Thursday after volatile trading as investors mostly followed cautious stance ahead of national budget and ongoing holy Ramadan. Market analysts a section of investors preferred b...

ADB provides $400m loan for Ctg-Cox’s Bazar rail link

ADB provides $400m loan for Ctg-Cox’s Bazar rail link

-- 2019-05-23 13:47:44

Bangladesh signed a deal with Asian Development Bank (ADB) on Thursday for a $400 million loan to connect Chattogram and Cox's Bazar by rail. Its goal is to promote trade, investment and tourism in B...

Stakeholders decide to give list to BSEC

Stakeholders decide to give list to BSEC

FE Report 2019-05-23 12:20:48

The capital market stakeholders will urge the securities regulator to take necessary measures against the sponsor-directors of the listed companies, who sold their shares without declaration and by ev...

DSE gains, CSE slides in early trading

DSE gains, CSE slides in early trading

FE Online Report 2019-05-23 11:55:40

The prices of most of the shares on the Dhaka bourse witnessed a positive trend in early trading on Thursday as some investors were showing their buying spree on sector-wise issues. Following the pre...

Midas Financing recommends 2.50pc stock dividend

Midas Financing recommends 2.50pc stock dividend

FE Online Report 2019-05-23 11:52:16

The board of directors of Midas Financing Ltd has recommended 2.50 per cent stock dividend for the year ended on December 31, 2018. The final approval of the dividend will come during the annual gene...

Ten most-traded cos capture 29pc turnover

Ten most-traded cos capture 29pc turnover

FE Report 2019-05-23 10:38:42

Ten most-traded companies captured more than 29 per cent transaction of the Dhaka Stock Exchange (DSE) on Wednesday while Fortune Shoes topped the chart. Market insiders said investors continued to s...

BB doubles deferred payment period for power cos

BB doubles deferred payment period for power cos

Siddique Islam 2019-05-23 09:47:40

The central bank has doubled the deferred payment period for import of raw materials only for the power generating enterprises to help ease the pressure on foreign exchange market, officials said. Un...

Stocks rebound on BB’s refinancing scheme

Stocks rebound on BB’s refinancing scheme

FE Online Report 2019-05-22 15:23:48

Stocks posted marginal gain on Wednesday as investors showed their buying appetite on sector-wise shares after the Investment Corporation of Bangladesh received Tk 7.60 billion from the central bank....

DSEX gains 7.0 points in early trading

DSEX gains 7.0 points in early trading

FE Online Report 2019-05-22 11:46:42

The prices of most of the shares on the bourses witnessed positive trend in early trading on Wednesday as some investors showed their buying spree on sector-wise issues. Following the previous two da...

ICB to receive Tk 7.60b from BB today

ICB to receive Tk 7.60b from BB today

FE Report 2019-05-22 10:55:26

The state-run Investment Corporation of Bangladesh (ICB) will receive Tk 7.60 billion today (Wednesday) from the central bank under the capital market refinancing scheme. The managing director of t...