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The Financial Express

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Stocks end flat; DSE turnover hits record high

Stocks end flat; DSE turnover hits record high

FE Online Report 2018-11-19 15:27:48

Stocks ended almost flat on Monday after volatile trading as investors were active both sides of trading fence while the turnover hit more than two-month high. Market operators said a section of in...

Stocks inch up in tentative trading

Stocks inch up in tentative trading

FE Online Report 2018-11-19 11:22:01

Stocks edged up in early hour of trading on Monday as some investors are showing their buying spree on sector-wise stocks. Following the previous day’s marginal gain, the Dhaka Stock Exchange...

UCB to form subsidiary for providing MFS

UCB to form subsidiary for providing MFS

FE Online Report 2018-11-19 11:10:41

The board of directors of United Commercial Bank (UCB) has decided to form a subsidiary company, aiming to provide mobile financial services (MFS). The formation of subsidiary company is subject to c...

17 cos allowed in spot market today and tomorrow

17 cos allowed in spot market today and tomorrow

FE Report 2018-11-19 10:39:10

The share trading of 17 listed companies will be allowed only in spot market today (Monday) and tomorrow (Tuesday) as per their spot settlement cycle. The block transactions of the shares of these...

Most cement cos post rise in July-Sept EPS

Most cement cos post rise in July-Sept EPS

FE Report 2018-11-19 10:33:41

The earnings of most of the listed cement companies rose in July-September quarter 2018 compared to the same quarter in the previous year. Of the seven cement companies listed with Dhaka Stock Exch...

Tax fairs pick up further momentum

Tax fairs pick up further momentum

FE Report 2018-11-19 09:46:12

Income tax fairs gained further momentum on Sunday in eight divisional headquarters including the capital city. On the sixth day of the week-long tax fairs, there was mad rush of visitors and taxpaye...

Polls prod govt to borrow more from banks

Polls prod govt to borrow more from banks

Siddique Islam 2018-11-19 09:30:42

The government is set to boost its bank borrowing significantly in November mainly due to the upcoming general elections, officials have said. The net borrowing from the banking system is on track to...

Stocks edge up amid choppy trading

Stocks edge up amid choppy trading

FE Online Report 2018-11-18 16:44:10

Stocks ended marginally higher on Sunday as investors were mostly followed cautious stance ahead of national election. Market operators said a section of investors showed some buying appetite while s...

Genex Infosys’ IPO subscription opens

Genex Infosys’ IPO subscription opens

FE Online Report 2018-11-18 11:26:53

The share subscription for the initial public offering (IPO) of Genex Infosys kicked off on Sunday, officials said. Genex Infosys, an IT company, will raise a fund worth Tk 200 million from the capit...

123 DSE shareholders receive cheques

123 DSE shareholders receive cheques

Mohammad Mufazzal 2018-11-18 10:32:55

Some 123 shareholders of Dhaka Stock Exchange (DSE) so far have received cheques against their shares sold to the Chinese consortium with a commitment of investing in the capital market. By investing...

BD youth jobless rate rises by 6.4 percentage points: ILO

BD youth jobless rate rises by 6.4 percentage points: ILO

FE Report 2018-11-18 09:52:28

The rate of youth unemployment in Bangladesh remained one of 'the most worsening' situation among the countries in the Asia-Pacific region. The country's overall unemployment rate rose by 1.0 percent...

China top FDI source in FY '18

China top FDI source in FY '18

Asjadul Kibria 2018-11-18 09:43:59

China became the top source of foreign direct investment (FDI) for Bangladesh last fiscal year (FY), the central bank said. The net inflow of FDI from the world's second-largest economy reached US$ 5...

Pumpkin farming changes lot of 25,000 char families

Pumpkin farming changes lot of 25,000 char families

-- 2018-11-17 16:28:18

Some 25,000 char families, mostly victims of river erosion and landless, changed fortune through farming pumpkin on sandbars in Rangpur agriculture region over the last nine years. Earlier, these hav...

Stocks end week lower as election nears

Stocks end week lower as election nears

FE Report 2018-11-17 10:53:09

Stocks edged lower last week, after remaining flat in the previous week, as investors mostly followed cautious stance ahead of national election. Market insiders said most of investors adopted a 'wai...

ICB raises Tk 7.5b from subordinated bonds

ICB raises Tk 7.5b from subordinated bonds

FE Report 2018-11-17 10:49:25

The Investment Corporation of Bangladesh (ICB) has so far raised Tk 7.50 billion from the issuance of subordinated bonds floated as part of its market supportive measures. The state-run corporation...

Sonali Aansh's price jumps 50pc in eight days

Sonali Aansh's price jumps 50pc in eight days

FE Report 2018-11-17 10:42:33

The share price of Sonali Aansha Industries continued to soar 'abnormally' in a bearish market, despite having no price sensitive information (PSI). Within eight trading days, the company's share...

Middle-income status hinges on higher investment: MCCI

Middle-income status hinges on higher investment: MCCI

FE Report 2018-11-17 10:19:45

Bangladesh needs to catalyse more foreign and domestic investments if the country wants to attain the middle income status by 2021, a leading chamber has said. "There is no alternative to raising the...

Genex Infosys IPO subscription from Nov 18

Genex Infosys IPO subscription from Nov 18

FE Report 2018-11-16 10:38:48

The share subscription for the initial public offering (IPO) of Genex Infosys will open on November 18 (Sunday), officials said. Genex Infosys, an IT company, will raise a fund worth Tk 200 million...

Monno Stafflers becomes most valued stock

Monno Stafflers becomes most valued stock

FE Report 2018-11-16 10:33:23

Monno Jute Stafflers became the most valued stock on the Dhaka Stock Exchange (DSE) as its share price reached as high as Tk 5,634.20 per share on Wednesday. The company's share trading was suspended...

NBR bags Tk 2.44b on third day of income tax fair

NBR bags Tk 2.44b on third day of income tax fair

FE Report 2018-11-16 10:06:06

Submission of income tax returns in the tax-fair across the country grew by 87 per cent on Thursday, the third day of the event, compared to that of the corresponding day last year. National Board of...

DSE, CSE end on a mellow note

DSE, CSE end on a mellow note

FE Online Report 2018-11-15 16:01:29

Stocks ended on a mellow note on Thursday after volatile trading as investors were mostly followed cautious stance. Market insiders said some investors closely eyeing on the political situation as...

Jamuna Oil recommends 130pc div

Jamuna Oil recommends 130pc div

FE Online Report 2018-11-15 11:24:03

The board of directors of Jamuna Oil Company Limited has recommended 130 per cent cash dividend for the year ended on June 30, 2018. The final approval of dividend will come during the annual general...

DSE, CSE falter in early trading

DSE, CSE falter in early trading

FE Online Report 2018-11-15 11:21:04

The market witnessed mixed trend in early hour of trading Thursday as investors mostly followed cautious stance ahead on national election. Following the previous day’s marginal correction, t...

BAPLC for amending corporate governance guidelines

BAPLC for amending corporate governance guidelines

FE Report 2018-11-15 10:54:22

The representatives of publicly listed companies have urged the securities regulator to amend some provisions of corporate governance guidelines to avoid contradiction with the rules of other regulato...

Bangladesh Fund to attract investors

Bangladesh Fund to attract investors

FE Report 2018-11-15 10:50:41

The fund manager of the country's largest ever open-end fund-- Bangladesh Fund-- has continued its efforts to make the fund lucrative to ensure attractive dividend. ICB Asset Management Company Lim...

Fairs fetch over Tk 5.5b in income tax on 2nd day

Fairs fetch over Tk 5.5b in income tax on 2nd day

FE Report 2018-11-15 10:02:35

National Board of Revenue (NBR) received Tk 5.51 billion income tax on Wednesday, the second day of tax fairs that kicked off Tuesday. Tax fairs took place in a total of 62 areas across the country o...

BSEC readies four-point formula for revamping capital mkt

BSEC readies four-point formula for revamping capital mkt

Syful Islam 2018-11-15 09:35:14

Securities regulator has prepared a four-point formula for boosting institutional investments in bourses, officials have said. The formula includes addition of certain provisions to the Bank Companie...

Accelerated investment prerequisite for higher growth: ICCB

Accelerated investment prerequisite for higher growth: ICCB

FE Online Desk 2018-11-14 17:58:46

Bangladesh will emerge as the biggest driving force in the global Gross Domestic Product (GDP) in 2030 as predicted by HSBC Global Report “The World in 2030”. The country is going to beco...

Stocks succumb to selling pressure

Stocks succumb to selling pressure

FE Online Report 2018-11-14 15:37:56

Stocks slipped into the red territory on Wednesday, after a single-day break, as cautious investors went on late hours selling on sector specific issues. Market insiders said most of investors are...

Low-cap cos' share prices continue to soar on bourses

Low-cap cos' share prices continue to soar on bourses

FE Report 2018-11-14 12:49:19

Listed companies with low market capitalisation dominated the gainers' chart of the Dhaka Stock Exchange (DSE) on Tuesday though they had no price sensitive information (PSI). The premier bourse se...