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The Financial Express

Search results for: Bangladesh

Stocks open higher riding on bank shares

Stocks open higher riding on bank shares

FE ONLINE REPORT 2021-11-15 11:20:44

Stocks opened higher on Monday, after the previous day’s sharp decline, as bargain hunters were showing their buying interest on selective bank shares. Some large-cap stocks such as BRAC Bank,...

Stocks tumble after three-day gain

Stocks tumble after three-day gain

FE ONLINE REPORT 2021-11-14 16:17:17

The stock market returned to the falling streak on Sunday, snapping a three-day gain, amid quick profit booking on major sector shares. The market started on a positive note and the key index rose...

Stocks open week on slow trend

Stocks open week on slow trend

FE ONLINE DESK 2021-11-14 11:38:16

Stocks witnessed a slow trend on Sunday, the opening day of the week, as investors were active on both sides of the trading fence amid the ongoing quarterly earnings disclosures. Following the previo...

Runner Automobiles extends IPO proceed deadline

Runner Automobiles extends IPO proceed deadline

FE REPORT 2021-11-14 09:50:31

Runner Automobiles has revised the IPO (initial public offering) proceed utilisation timeframe to December 31, 2022 to utilise the fund for manufacture of 3-wheelers. In a disclosure, the company...

Walton Hi-Tech net profit soars 126pc

Walton Hi-Tech net profit soars 126pc

MOHAMMAD MUFAZZAL 2021-11-14 08:37:21

Walton Hi-Tech Industries, a leading local brand in electronics and electrical sector, saw a steep growth in its turnover for the fiscal year (FY) 2020-21 which aided a significant growth in its net p...

Booters end Maldives curse

Booters end Maldives curse

Mashfiq Mizan 2021-11-13 19:33:59

Jamal Bhuiyan and Topu Barman scored a goal each as  Bangladesh ended their 18-year winless streak against Maldives with a 2-1 victory over the Red Snappers in their second match of the Mahinda R...

Bangladesh in T20s: A Mirpur-track bully?

Bangladesh in T20s: A Mirpur-track bully?

Tanvir Ahmed 2021-11-13 16:59:44

Since 2016, Bangladesh have hosted 352 T20 matches (44 internationals, 308 domestic) in total.  Of those games, 231 have been played in Sher-e Bangla National Stadium (Mirpur, Dhaka), 46 in Zahu...

DSEX breaks 4-week losing streak as investors snap up battered stocks

DSEX breaks 4-week losing streak as investors snap up battered stocks

BABUL BARMAN 2021-11-13 10:37:34

Stocks bounced back in the outgoing week, snapping a four-week losing streak, as buoyant investors put fresh bets on lucrative shares amid positive expectations. Of the five trading days during the w...

ADB irked by slow progress in project execution in Bangladesh

ADB irked by slow progress in project execution in Bangladesh

FHM HUMAYAN KABIR 2021-11-13 09:46:20

The Asian Development Bank is going to be tougher on funding Bangladesh's development recipe as the financier reviews a slew of slow-moving projects this month, officials said Friday. Just one-and-...

ICB's earning per share jumps

ICB's earning per share jumps

FE REPORT 2021-11-12 13:10:47

Investment Corporation of Bangladesh (ICB) saw a steep rise in EPS (earnings per share) for the year ended on June 30, 2021 compared to the same period of previous year. The company's EPS rose signif...

Bangladesh seeks post-graduation EU trade support

Bangladesh seeks post-graduation EU trade support

FE REPORT 2021-11-12 09:57:27

Dhaka urged the European Union (EU) to continue trade preferences to Bangladesh even after the country graduates from world's poor-country club, under unimpeachable economic partnership. The call c...

Hasina seeks investment in creative economy

Hasina seeks investment in creative economy

-- 2021-11-12 09:27:46

Bangladesh wishes to contribute to global socio-economic development and technological advancement despite its limited capacity and investments in the creative economy can help it do so, Sheikh Hasina...

'Stimulus package or subsidy to BPC could have been a way out'

'Stimulus package or subsidy to BPC could have been a way out'

FE REPORT 2021-11-12 08:50:23

The government should have offered a stimulus package or provided a subsidy to state-run Bangladesh Petroleum Corporation (BPC) instead of raising fuel prices, speakers at a seminar opined on Thursd...

Stocks extend gaining streak for third straight day

Stocks extend gaining streak for third straight day

FE ONLINE REPORT 2021-11-11 15:39:24

Stocks extended the gaining streak for the third straight session on Thursday with rising turnover as investors continued to put fresh bets on sector-wise shares. The market opened sharply higher,...

BRAC Bank shares rise as SoftBank buys stake in bKash

BRAC Bank shares rise as SoftBank buys stake in bKash

-- 2021-11-11 15:21:20

The shares of BRAC Bank have soared after Japanese investment company SoftBank agreed to acquire a 20 per cent stake in its subsidiary bKash, the leading mobile phone financial service provider in Ban...

Bangladesh to get €330m from France for development projects

Bangladesh to get €330m from France for development projects

FE ONLINE DESK 2021-11-11 13:58:42

The development agency of France will provide €330 million for the implementation of development projects in Bangladesh. Bangladesh and France have signed three agreements in this regard. Of th...

Japan’s SoftBank to buy 20pc stake of bKash

Japan’s SoftBank to buy 20pc stake of bKash

FE ONLINE REPORT 2021-11-11 12:15:52

Japanese multinational conglomerate SoftBank Group Corporation is set to buy 20 per cent stake of bKash, one of the largest mobile financial service providers in Bangladesh. bKash is a subsidiary of...

Alif Industries to issue Tk 3.0b convertible bond

Alif Industries to issue Tk 3.0b convertible bond

FE REPORT 2021-11-11 11:58:14

Alif Industries, a yarn producer, has decided to issue convertible bonds worth Tk 3.0 billion for land, machinery and existing factory renovation. The bond issue is subject to the approval of the sto...

ACME Pesticides Ltd makes trading debut Sunday

ACME Pesticides Ltd makes trading debut Sunday

FE ONLINE REPORT 2021-11-11 11:02:22

Newly listed ACME Pesticides Ltd will make its share trading debut on Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) on November 14 (Sunday) under ‘N’ category, officials s...

DSEX crosses 7000-mark at opening

DSEX crosses 7000-mark at opening

FE ONLINE REPORT 2021-11-11 10:51:27

Stocks opened sharply higher on Thursday, maintaining the previous day's rising trend, as buoyant investors were putting fresh bets on the major sector shares amid high expectations. Following the pr...

Sonali’s Tk 5.0b fund injection boosts investors’ mood

Sonali’s Tk 5.0b fund injection boosts investors’ mood

FE Report 2021-11-11 10:42:36

Sonali Bank has provided Tk 5.0 billion to Investment Corporation of Bangladesh (ICB) to invest in the stock market. Md. Mazibur Rahman, deputy managing director said, Sonali Bank took the move as it...

Dhaka now seeks $701m from Beijing to bankroll two priority projects

Dhaka now seeks $701m from Beijing to bankroll two priority projects

FHM HUMAYAN KABIR 2021-11-11 08:35:57

The government now seeks to borrow US$701 million from China to bankroll two priority projects, after a pause of nearly two years in Beijing's bountiful development-financing support for Bangladesh to...

Businesses hopeful of rebound: SANEM survey

Businesses hopeful of rebound: SANEM survey

FE REPORT 2021-11-11 08:20:17

The depleting coronavirus incidence in Bangladesh makes the majority of businesses hopeful about a moderate-to-strong economic recovery during the concluding quarter of 2021, according to a survey. A...

Bangladesh Taka slides amid high demand for US dollar

Bangladesh Taka slides amid high demand for US dollar

SIDDIQUE ISLAM 2021-11-11 08:14:45

Bangladesh Taka (BDT) has depreciated by Tk 1.0 against the US dollar (USD) in nearly three months despite selling of the greenback by the central bank to the banks for keeping the market stable. The...

Vanguard AML BD Finance declares a 15pc cash dividend

Vanguard AML BD Finance declares a 15pc cash dividend

-- 2021-11-10 18:42:50

The Trustee Committee of ‘Vanguard AML BD Finance Mutual Fund One’ (Trading Code: VAMLBDMF1) has approved the Audited Financial Statements for the year ended September 30, 2021. It also d...

Stocks jump as major sectors soar

Stocks jump as major sectors soar

FE ONLINE REPORT 2021-11-10 16:17:30

Stocks witnessed sharp gains on Wednesday, extending the winning streak for the second straight session, as buoyant investors went for buying on major sector shares. The stock market witnessed a big...

Bourses open sharply higher

Bourses open sharply higher

FE ONLINE REPORT 2021-11-10 11:26:45

Stocks opened sharply higher on Wednesday as bargain hunters were showing their buying interest on sector-specific lucrative issues. Following the previous day’s big gain, DSEX, the prime index...

Hamid Fabrics price keeps rising despite huge losses

Hamid Fabrics price keeps rising despite huge losses

FE REPORT 2021-11-10 11:01:03

Share price of Hamid Fabrics is witnessing an unprecedented hike despite the company has reported huge losses recently for the year ended on June 30, 2021. The fabrics-manufacturer recommended 5.0...

Old clients get most of stimulus loans: BIBM survey

Old clients get most of stimulus loans: BIBM survey

FE REPORT 2021-11-10 08:28:03

The findings of a latest survey on the stimulus package show that the country's commercial banks preferred to provide loans to their existing customers from the package, announced in April 2020, inste...

Stocks rebound after two days slump

Stocks rebound after two days slump

FE ONLINE REPORT 2021-11-09 16:11:25

The market bounced back on Tuesday, snapping a two-day big fall, as bargain hunters put fresh bets on lucrative stocks. However, turnover dropped to a fresh six months low to Tk 10.07 billion as many...