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Search results for: Bangladesh

Big-cap issues play havoc with erosion of prices

Big-cap issues play havoc with erosion of prices

Mohammad Mufazzal 2019-12-31 10:43:20

Large cap listed companies played a significant role in the huge erosion of the broad index during the just concluded year because of the companies' significant share in market capitalisation. The pr...

Stocks end 2019 on positive note

Stocks end 2019 on positive note

FE Report 2019-12-31 10:40:02

The last trading session of the outgoing calendar year edged higher on Monday as investors showed their appetite for selective large-cap stocks. DSEX, the prime index of the Dhaka Stock Exchange (DSE...

aamra technologies approves 10pc div

aamra technologies approves 10pc div

FE DESK 2019-12-31 10:37:08

The 30th Annual General Meeting of aamra technologies limited was held at Delta Life Conference Hall, Gulshan, Dhaka. The meeting was presided over by Syed Faruque Ahmed, Chairman of the company, sai...

A gloomy year for stock investors

A gloomy year for stock investors

BABUL BARMAN 2019-12-31 10:19:24

The capital market passed yet another gloomy year as the core index of the Dhaka Stock Exchange (DSE) lost 18.5 per cent year-on-year in 2019, after hitting a 42-month low. After the stock market cra...

Robust growth is something to cheer about in 2019

Robust growth is something to cheer about in 2019

FE REPORT 2019-12-31 10:04:55

The economy has faced a number of new challenges on its business and fiscal fronts in 2019, even though the political atmosphere has been peaceful, according to economists and businesses. The new cha...

Rupali Bank to raise Tk 10b through coupon bearing bond

Rupali Bank to raise Tk 10b through coupon bearing bond

FE Online Report 2019-12-30 11:36:31

The board of directors of Rupali Bank Ltd has decided to raise fund against issuance of coupon bearing non-convertible perpetual bond of Tk 10 billion through private placement. The state-run bank wi...

Govt debt edges up in FY '19

Govt debt edges up in FY '19

JASIM UDDIN HAROON 2019-12-30 11:29:00

Public debt increased slightly in the last financial year (FY) due to the rise in fiscal deficit crossing the benchmark 5.0 per cent. In a recent publication, the International Monetary Fund, or IMF,...

Bourses open higher last session of 2019

Bourses open higher last session of 2019

FE Online Report 2019-12-30 11:28:53

Stocks witnessed upward trend in early hours of trading on Monday, the last trading session of 2019, as bargain hunters were active on sector-wise issues. Following the previous day’s positiv...

Slower external trade may impact growth

Slower external trade may impact growth

FE REPORT 2019-12-30 09:58:18

The slowdown in its external trade might hurt the country's pace of economic growth in the current fiscal year. But a robust growth of workers' remittance is likely to act as counterweight in this re...

Stocks keep gaining on bargain hunting

Stocks keep gaining on bargain hunting

FE Online Report 2019-12-29 16:49:14

Stocks extended the gaining spell for the second day in a row on Sunday as bargain hunters continued to show their buying appetite on sector specific issues. The investors were active from the beginn...

SIBL to raise Tk 5.0b through bond issue

SIBL to raise Tk 5.0b through bond issue

FE Online Report 2019-12-29 13:47:52

The board of directors of Social Islami Bank Ltd (SIBL) has decided to raise Tk 5.0 billion through issuance of Mudaraba Perpetual Bonds, said an official disclosure on Sunday. The bank will issue th...

Bourses witness gains amid optimism

Bourses witness gains amid optimism

FE Online Report 2019-12-29 11:24:21

Stocks witnessed an upward trend in the early hours of trading on Sunday as bargain hunters were active on sector-wise issues. Following the previous day’s positive ending, the Dhaka Stock Exch...

Starting upbeat, BD economy ends 2019 tanking

Starting upbeat, BD economy ends 2019 tanking

-- 2019-12-28 11:43:16

Bangladesh began 2019 with things looking up on the economic front coupled with political stability after vote, but concerns have blunted it at the end of the year. The pace gathered in the past few...

Weekly market review: Stocks continue to bleed

Weekly market review: Stocks continue to bleed

Babul Barman 2019-12-28 10:51:18

The losing streak continued for the fourth straight weeks on the bourses that ended Thursday as worried investors continued their selling binge on large-cap issues. Week-on-week, DSEX, the prime inde...

Remittance flow to rise 18pc in the outgoing yr

Remittance flow to rise 18pc in the outgoing yr

Siddique Islam 2019-12-28 10:46:30

The flow of inward remittance is set to jump more than 18 per cent or US$2.80 billion in the outgoing calendar year 2019 as the government has provided incentive to the beneficiaries against inward re...

Lower tax growth delays routine budget review

Lower tax growth delays routine budget review

JASIM UDDIN HAROON 2019-12-28 09:51:34

The slow revenue mobilisation has started impacting the national budget execution process, prompting the authorities to delay reviewing the fiscal blueprint. Officials at the finance division of the...

Benapole falls short of its revenue target

Benapole falls short of its revenue target

-- 2019-12-27 19:26:52

Benapole Customs House has failed to achieve its revenue collection target between July and November, collection only half of its initial target. Uttam Chakma, assistant commissioner of the Customs H...

Bangladesh, Vietnam to double bilateral trade volume

Bangladesh, Vietnam to double bilateral trade volume

-- 2019-12-27 18:26:35

Bangladesh and Vietnam want to work closely to double the bilateral trade volume from around $1.0 billion to $2.0 billion by 2021. The two countries held the second meeting of the Joint Trade Committ...

Unique Hotel AGM approves 20pc div

Unique Hotel AGM approves 20pc div

-- 2019-12-27 11:09:46

The 18th annual general meeting (AGM) of Unique Hotel & Resorts Limited was held at Gulshan Club Limited in the city on Thursday, says a statement. Chairperson of the Board of Directors of the co...

GPH Ispat approves 10pc div

GPH Ispat approves 10pc div

-- 2019-12-27 11:08:08

The 13th annual general meeting (AGM) of GPH Ispat Ltd. was held at City Convention Hall in Chattogram on Thursday, with its Chairman Md Alamgir Kabir in the chair. The shareholders approved the fina...

Daffodil Computers generates highest turnover

Daffodil Computers generates highest turnover

FE Report 2019-12-27 11:06:16

Daffodil Computers generated the highest turnover on the Dhaka Stock Exchange (DSE) on Thursday, as the ten most traded companies accounted for 23 per cent of transactions. On Tuesday, the IT company...

Stocks rebound on bargain hunting

Stocks rebound on bargain hunting

FE Online Report 2019-12-26 16:01:17

Stocks rebounded on Thursday, after hitting 42-month low in the previous day, as bargain hunters showed their buying appetite on sector-wise shares. DSEX, the prime index of the Dhaka Stock, went up...

New index CNI-DSE selective index go-live today

New index CNI-DSE selective index go-live today

FE Online Report 2019-12-26 12:24:30

The prime bourse will launch one new index named--CNI-DSE Select Index (CDSET) as part of technical collaboration plan between DSE and strategic partner. The index is designed and developed by Shen...

Bourses open higher amid optimism

Bourses open higher amid optimism

FE Online Report 2019-12-26 12:10:38

Stocks witnessed upward trend in early hours of trading on Thursday as bargain hunters were active on sector-wise issues. After hitting fresh 42-month, the Dhaka Stock Exchange (DSE) and the Chittago...

Total premium income of pvt life ins cos rises to Tk 84,758m

Total premium income of pvt life ins cos rises to Tk 84,758m

FE DESK 2019-12-26 11:09:24

The total premium income of private sector life insurance companies increased from Tk. 77,318 million in 2017 to Tk. 84,758 million in 2018. The total assets of the private sector life insurance compa...

Three cos' price hit rock-bottom on DSE

Three cos' price hit rock-bottom on DSE

Mohammad Mufazzal 2019-12-26 11:05:15

The share price of three listed companies hit the rock-bottom following investors' less interest to take part in transactions mainly because of their non-performing status. The companies whose share...

Cross-border trade under SASEC: ADB to support BD’s reform

Cross-border trade under SASEC: ADB to support BD’s reform

FHM HUMAYAN KABIR 2019-12-26 10:30:55

The Asian Development Bank (ADB) is expected to help Bangladesh ease transborder and regional trade through facilitating infrastructural development and regulatory reforms, officials have said. Under...

2019: A lacklustre year for IPOs

2019: A lacklustre year for IPOs

BABUL BARMAN 2019-12-26 10:22:25

Low-cap companies have dominated the initial public offerings, or IPOs, in the outgoing year in what was a bearish market. A total of eight firms raised Tk 5.52 billion combined, including premium, b...

BIA holds 32nd AGM

BIA holds 32nd AGM

FE Online Desk 2019-12-25 13:53:39

 The 32nd Annual General Meeting (AGM) of the Bangladesh Insurance Association was held at Dhaka Club on Tuesday. The meeting was presided over by Mr. Sheikh Kabir Hossain, president, BIA. The...

FDI rises over 5pc from July to October

FDI rises over 5pc from July to October

-- 2019-12-25 13:02:17

Foreign Direct Investment (FDI) in Bangladesh increased 5.36 per cent year-on-year during July-October period of 2019-20 fiscal year (July 2019-June 2020), the central bank data has showed. The Bangl...