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The Financial Express

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Omera to raise Tk 2.38 billion

Omera to raise Tk 2.38 billion

FE REPORT 2019-10-21 10:30:12

The country's largest LPG firm, Omera Petroleum Limited, will raise funds worth Tk 2.38 billion from the capital market. The company will raise the amount by floating initial public offering (IPO) us...

Stocks edge up after two-day slump

Stocks edge up after two-day slump

FE Online Report 2019-10-20 17:46:20

Stocks ended marginally higher on Sunday, snapping a two-day slump, as bargain hunters showed their buying appetite on sector-specific shares. Market analysts said despite the edge up, worries remain...

Ashuganj Power bond: BSEC extends timeframe for subscription

Ashuganj Power bond: BSEC extends timeframe for subscription

FE Report 2019-10-20 11:07:20

The securities regulator has extended the timeframe for public subscription of the bond to be issued by Ashuganj Power Station Company (APSC) till November 18 next. The subscription period has been e...

Weekly review: Stocks continue to bleed

Weekly review: Stocks continue to bleed

Babul Barman 2019-10-19 10:51:02

Stocks extended the losing streak for the third straight week that ended on Thursday as worried investors continued their selling binge on large-cap shares. Week on week, DSEX, the prime index of the...

BSEC panel to have names of both audit firms, auditors

BSEC panel to have names of both audit firms, auditors

FE Report 2019-10-18 10:34:42

The securities regulator on Thursday decided to include the names of the auditors along with their firms in its auditors' panel to ensure more accountability of the firms that check financial report...

National Tubes tops turnover chart

National Tubes tops turnover chart

FE Report 2019-10-18 10:33:37

Ten most traded companies accounted for more than 26 per cent of transactions on the prime bourse on Thursday, with the National Tubes generating the highest turnover. According to the Dhaka Stock Ex...

Netflix shares jump as subscribers grow ahead of Disney, Apple attack

Netflix shares jump as subscribers grow ahead of Disney, Apple attack

-- 2019-10-17 12:14:33

Netflix Inc added slightly more paying subscribers than Wall Street expected in the third quarter, a relief to investors who had worried the company might fall short just as Disney and Apple prepare t...

Silva Pharma recommends 11pc dividend

Silva Pharma recommends 11pc dividend

FE Online Report 2019-10-17 11:39:47

The board of directors of Silva Pharmaceuticals Ltd has recommended 6.0 per cent cash dividend for all shareholders excluding the sponsors & directors (excluding ICB) and 5.0 per cent stock divide...

Stocks open lower amid thin turnover

Stocks open lower amid thin turnover

FE Online Report 2019-10-17 11:37:20

Stocks witnessed downward trend in early hour of trading on Thursday as investors are mostly on selling mood amid depressed market outlook. Following the previous day’s decline, the Dhaka Stock...

Stocks plunge after single-day break

Stocks plunge after single-day break

FE Online Report 2019-10-16 15:54:39

Stocks failed to maintain the momentum of the previous day that saw sharp rise, which suggests retail investors remain unconvinced by government moves to support the moribund market. Market analysts...

Northern Jute recommends 100pc cash div

Northern Jute recommends 100pc cash div

FE Online Report 2019-10-16 12:18:15

The board of directors of Northern Jute Manufacturing Company Limited has recommended 100 per cent cash dividend for the year ended on June 30, 2019, said an official disclosure on Wednesday. The fin...

BSC recommends 10pc dividend

BSC recommends 10pc dividend

FE Online Report 2019-10-16 11:55:25

The board of directors of Bangladesh Shipping Corporation (BSC) Limited has recommended 10 per cent cash dividend for the year ended on June 30, 2019, said an official disclosure on Wednesday. The fi...

Stocks open lower despite ICB activity

Stocks open lower despite ICB activity

FE Online Report 2019-10-16 11:47:39

Stocks witnessed downward trend in early hour of trading on Wednesday as investors mostly followed cautious stance after recent volatility in the market. Following the previous day’s sharp gain...

UCB to issue Tk 4.0b perpetual bond

UCB to issue Tk 4.0b perpetual bond

FE Online Report 2019-10-16 11:12:53

The board of directors of United Commercial Bank Ltd has decided to raise Tk 4.0 billion through issuance of Perpetual Bond. The bank will issue the bond to support the company Basel III compliance i...

Mkt supportive measures jack stock prices up

Mkt supportive measures jack stock prices up

FE Report 2019-10-16 10:51:16

Dhaka bourse closed the Tuesday's session with a sharp rise in broad index breaking the losing streak of six consecutive sessions following investors' optimistic participation. After losing 226 point...

GPH Ispat to launch new factory by Nov

GPH Ispat to launch new factory by Nov

Saif Uddin, back from Chattogram 2019-10-16 10:47:39

GPH Ispat Limited is set to launch its new plant, comprising of state of the art machinery, by next month to produce high quality steel products. The new plant will help the company to increase its p...

Key actors see dour outlook for market

Key actors see dour outlook for market

FE REPORT 2019-10-15 11:05:49

The market intermediaries have called for good governance and listing of good companies to minimise the volatility in stocks. The urging came on Monday at a meeting, where top brokers, issue managers...

DSE fails to come out of red zone for sixth consecutive session

DSE fails to come out of red zone for sixth consecutive session

FE Online Report 2019-10-14 19:41:06

The Dhaka bourse on Monday failed to come out of the red zone that prolonged for sixth consecutive session amid investors’ lack of confidence. On the day, the broad index witnessed another shar...

BGIC receives guideline from regulator

BGIC receives guideline from regulator

FE Report 2019-10-14 10:48:56

The trustee of the DBH 1st Mutual Fund has moved to call a meeting of the unit-holders, three-fourth of whom expressed opinion in favour of converting the fund into open-end from closed-end form. Ban...

BSEC seeks all info on Tk 500m deal

BSEC seeks all info on Tk 500m deal

FE Report 2019-10-14 10:27:04

The securities regulator has asked LR Global Bangladesh Asset Management Company Limited to submit all information regarding its mutual funds' (MFs) Tk 500 million investment in bdnews24.com within 24...

MNCs not spared from bearish onslaught

MNCs not spared from bearish onslaught

FE Report 2019-10-13 10:04:15

Most of the listed multinational companies (MNCs) lost share prices ranging between 1.0 per cent and 5.4 per cent in last week amid the price correction witnessed by most of the local companies. The...

Apple's stock sets new all-time high

Apple's stock sets new all-time high

FE Online Desk 2019-10-12 12:39:13

Apple shares are currently trading above the $234 mark on the intraday market, setting a new all-time high for the company. As noted by CNBC, the stock's previous all-time high was $233.47 in Oct...

Investors' panic-driven sales hit stock trading

Investors' panic-driven sales hit stock trading

FE Report 2019-10-12 10:37:00

Dhaka bourse continued declining trend in all sessions executed in last week following investors' panic-driven sales amid their lack of 'confidence'. The week witnessed four trading sessions instead...

DBH 1st Mutual Fund conversion

DBH 1st Mutual Fund conversion

FE REPORT 2019-10-12 10:19:16

The securities regulator has asked the trustee of DBH 1st Mutual Fund to convene a meeting of the unit holders in line with the rules. The Bangladesh Securities and Exchange Commission (BSEC) gave th...

PBOC drains 30b yuan from market

PBOC drains 30b yuan from market

-- 2019-10-11 11:43:31

The People's Bank of China (PBOC), the central bank of China, drained 30 billion yuan (4.24 billion US dollars) from the financial system Friday. The PBOC did not conduct any operation of reverse rep...

Asian shares follow Wall Street higher on trade optimism

Asian shares follow Wall Street higher on trade optimism

-- 2019-10-11 11:01:03

Asian share markets followed Wall Street higher Friday on optimism about US-Chinese talks on ending a tariff war. Benchmarks in Tokyo, Hong Kong and Seoul advanced, while Shanghai edged lower followi...

BSEC to issue registration to IDLC Venture Capital Fund

BSEC to issue registration to IDLC Venture Capital Fund

FE Report 2019-10-11 10:34:00

The securities regulator has decided to issue registration to the IDLC Venture Capital Fund, an alternative investment fund. The decision came at a meeting of the Bangladesh Securities and Exchange C...

DSEX hits three-year low

DSEX hits three-year low

FE Report 2019-10-11 10:28:22

The Dhaka Stock Exchange (DSE) broad index - DSEX - closed lower on Thursday, hitting around three-year low, amid continuous selling pressure. The market observed correction in all sessions, and sett...

Eight FIs being traded below face value

Eight FIs being traded below face value

FE Report 2019-10-10 10:38:31

The shares of eight companies of the financial institution sector came below face value for a long time. Some of these companies reported losses in latest quarterly reports and annual reports for the...

Top 10 cos grab 37pc of market turnover

Top 10 cos grab 37pc of market turnover

FE Report 2019-10-10 10:37:03

Top 10 traded stocks grabbed 37 per cent of the market turnover featured by Dhaka Stock Exchange (DSE) on Wednesday. National Tubes topped the chart of top gainers following investors' increased pa...