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The Financial Express

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Envoy Textiles AGM approves 15pc cash dividend

Envoy Textiles AGM approves 15pc cash dividend

FE Online Desk 2019-12-22 13:41:21

The board of directors of Envoy Textiles Limited has approved 15 per cent cash dividend for the year ended on June 30, 2019. The final approval of the dividend came during the 24th Annual General Mee...

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...

State-run banks help Indian shares open at all-time highs

State-run banks help Indian shares open at all-time highs

REUTERS 2019-12-20 13:56:04

Indian shares opened at record highs on Friday, driven by gains in state-run banks, as investors cheered a central bank decision to conduct a special open market operation to bring down long-term yiel...

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...

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...

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...

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...

IT stocks propel Indian shares to all-time high

IT stocks propel Indian shares to all-time high

-- 2019-12-18 12:38:28

Indian shares extended gains to scale record levels early on Wednesday, as a weaker rupee boosted IT stocks and on optimism that the initial Sino-US trade pact will allay one of the major risks to glo...

PBOC injects 200b yuan into market

PBOC injects 200b yuan into market

-- 2019-12-18 12:33:59

China's central bank pumped 200 billion yuan (about 28.57 billion US dollars) into the financial system Wednesday, after a suspension of reverse repos that lasted for 20 straight trading days. The Pe...

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...

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...

European shares hit record as trade, Brexit fog clears

European shares hit record as trade, Brexit fog clears

-- 2019-12-16 16:59:56

European shares hit an all-time high on Monday as a “totally done” initial trade deal between the United States and China kept the momentum rolling after a rally last week spurred by Brita...

Asian shares jump on ‘phase one’ Sino-US trade deal

Asian shares jump on ‘phase one’ Sino-US trade deal

-- 2019-12-16 13:41:39

Asian shares hit their highest in nearly eight months on Monday after the United States and China agreed on a preliminary trade deal, with Australian shares leading the way on expectations of more eas...

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...

Square Pharma, Renata top net profit chart

Square Pharma, Renata top net profit chart

Mohammad Mufazzal 2019-12-15 10:44:48

The listed top pharmaceutical companies have continued their upward trend in generating profits amid increased demand of drugs due to growing illnesses among teeming millions caused by various disease...

Stocks nosedive amid panic

Stocks nosedive amid panic

Babul Barman 2019-12-14 10:39:05

Stocks witnessed a big jolt in the outgoing week due to dearth of quality stocks and liquidity crunch. All indices plunged more than 3.0 per cent in the week, as worried investors dumped their hold...

Hong Kong exchange to remain world's largest IPO market in 2019: Report

Hong Kong exchange to remain world's largest IPO market in 2019: Report

Xinhua 2019-12-12 16:49:30

The Hong Kong stock exchange will once again rank first globally in terms of IPOs this year, cementing its position as the world's leading fund-raising hub, a KPMG report said. By the end of 2019, th...

Stocks inch up after rough ride

Stocks inch up after rough ride

FE Online Report 2019-12-12 16:41:28

Stocks inched higher Thursday after volatile trading as investors were mostly followed cautious stance amid growing concern over the country’s microeconomic situation. DSEX, the prime index of...

KPCL to acquire 35pc stakes of United Payra Power

KPCL to acquire 35pc stakes of United Payra Power

FE Online Report 2019-12-12 11:49:14

The board of directors of Khulna Power Company Ltd has decided to acquire 35 per cent ordinary shares of United Payra Power Plant, subject to obtaining regulatory approvals of relevant authorities. U...