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The Financial Express

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Asian shares fall after Wall St slides

Asian shares fall after Wall St slides

-- 2019-04-26 14:02:04

Asian shares were mostly lower on Friday after an overnight decline on Wall Street spurred by disappointingly weak earnings reports from 3M and other industrial companies. Concern that China may temp...

Fortune Shoes shines on turnover chart

Fortune Shoes shines on turnover chart

FE Report 2019-04-26 10:39:57

The ten most traded companies grabbed more than 30 per cent of transactions on the Dhaka Stock Exchange (DSE) on Thursday, with Fortune Shoes leading the turnover chart. Market analysts said investor...

Three banks, two insurers declare dividend

Three banks, two insurers declare dividend

FE Report 2019-04-26 10:37:39

Five more companies, including three banks, have recommended dividend for the year ended on December 31, 2018. The banks are Islami Bank Bangladesh Ltd., Al-Arafah Islami Bank, and Shahjalal Islami B...

Stocks rebound amid cautious trading

Stocks rebound amid cautious trading

FE Online Report 2019-04-25 15:40:51

Stocks rebounded in the positive terrain on Thursday, after hitting four-month low, as some investors showed their buying appetite on sector-wise issues. Market analysts said the bargain hunters were...

Al-Arafah Islami Bank recommends 17pc div

Al-Arafah Islami Bank recommends 17pc div

FE Online Report 2019-04-25 12:51:57

The board of directors of Al-Arafah Islami Bank Limited has recommended 15 per cent cash and 2.0 per cent stock dividend for the year ended on December 31, 2018. The final approval of the dividend wi...

Southeast Asian shares decline

Southeast Asian shares decline

-- 2019-04-25 12:45:57

Southeast Asian shares declined on Thursday, Indonesian shares fell following disappointing corporate results while the Jakarta stock index led declines in the region. Singapore stocks edged lower fr...

Shahjalal Bank recommends 10pc div

Shahjalal Bank recommends 10pc div

FE Online Report 2019-04-25 12:37:46

The board of directors of Shahjalal Islami Bank Limited has recommended 10 per cent stock dividend for the year ended on December 31, 2018. The final approval will come during the annual general meet...

Phoenix Insurance recommends 12pc cash dividend

Phoenix Insurance recommends 12pc cash dividend

FE Online Report 2019-04-25 12:30:50

The board of directors of Phoenix Insurance Company Limited has recommended 12 per cent cash dividend for the year ended on December 31, 2018. The final approval of the dividend will come during the...

Stocks rise amid low trading

Stocks rise amid low trading

FE Online Report 2019-04-25 12:30:12

The prices of most of the shares on bourses witnessed upward trend in early trading on Thursday as some investors are showing their buying appetite. After DSE index hitting four-month low in the prev...

Islami Bank recommends 10pc cash dividend

Islami Bank recommends 10pc cash dividend

FE Online Report 2019-04-25 12:24:59

The board of directors of Islami Bank Bangladesh Limited has recommended 10 per cent cash dividend for the year ended on December 31, 2018. The final approval of the dividend will come during the ann...

Asian shares mixed after Wall St retreats

Asian shares mixed after Wall St retreats

-- 2019-04-25 11:32:06

Asian shares were mixed Thursday after US stocks closed lower, giving back some of its gains a day after the S&P 500 and Nasdaq hit record highs. Japan’s benchmark Nikkei 225 edged up 0.2 p...

BSEC yet to approve Norfund proposal to buy 10pc equity shares of MTB

BSEC yet to approve Norfund proposal to buy 10pc equity shares of MTB

FE Report 2019-04-25 10:37:53

The proposal regarding issuance of a substantial amount of shares to a foreign investment fund by Mutual Trust Bank (MTB) is yet to get regulatory approval though the bank sought permission from the B...

GP bound to pay outstanding Tk 126b: BTRC

GP bound to pay outstanding Tk 126b: BTRC

FE Report 2019-04-25 10:34:08

Bangladesh Telecommunication Regulatory Commission (BTRC) said the country's leading mobile phone operator Grameenphone has no alternative to paying Tk 125.79 billion (12,579 crore) dues unearthed thr...

Stocks keep losing amid low confidence

Stocks keep losing amid low confidence

FE Online Report 2019-04-24 17:00:42

Stocks extended the losing streak for the second day in a row on Wednesday, as worried investors continued their selling binge on sector-wise shares. Market analysts said dearth of quality stocks, la...

Singer AGM approves 30pc stock dividend for 2018

Singer AGM approves 30pc stock dividend for 2018

FE Online Desk 2019-04-24 13:54:24

The 39th Annual General Meeting of Singer Bangladesh Ltd. was held on April 23, 2019 at the Singer Factory, Savar, Dhaka. Dr. Fatih Kemal Ebiçlioglu, Chairman, Singer Bangladesh Limited presid...

Eastland Insurance recommends 12pc dividend

Eastland Insurance recommends 12pc dividend

FE Online Report 2019-04-24 11:20:56

The board of directors of Eastland Insurance Company Limited has recommended 7.0 per cent cash and 5.0 per cent stock dividend for the year ended on December 31, 2018. The final approval of the divid...

Markets down in early trading

Markets down in early trading

FE Online Report 2019-04-24 11:20:12

The prices of most of the shares on both bourses witnessed a downward trend in early trading on Wednesday as worried investors continued their selling binge. Following the previous day’s sharp...

ICB seeks Tk 9.0b under refinancing scheme

ICB seeks Tk 9.0b under refinancing scheme

Mohammad Mufazzal 2019-04-24 10:40:07

The state-run Investment Corporation of Bangladesh (ICB) has sought the fund of Tk 9.0 billion which was earlier disbursed under the refinancing scheme of the capital market. The corporation has soug...

High-profile confce on structured capital market Apr 28

High-profile confce on structured capital market Apr 28

FE Report 2019-04-24 10:22:33

A high-profile conference titled 'local capital market infrastructure financing conference' will be held in the city on April 28. Arranged by Dhaka Chamber of Commerce & Industry (DCCI), the conf...

DSEX dips below 5,300-mark on panic sale

DSEX dips below 5,300-mark on panic sale

FE Online Report 2019-04-23 16:40:37

Stocks witnessed sharp fall on Tuesday with falling turnover as worried investors sold shares, fearing further fall. Market analysts said the finance minister’s latest remarks on capital market...

Stocks fall in early trading on selling binge

Stocks fall in early trading on selling binge

FE Online Report 2019-04-23 11:33:22

The prices of most of the shares on both the bourses witnessed a downward trend in early trading on Tuesday as cautious investors were seen on selling binge. Following the previous day’s margin...

Capital market on right track: Finance minister

Capital market on right track: Finance minister

FE Report 2019-04-23 09:39:04

Finance minister, AHM Mustafa Kamal, said he does not see any major problem in the prevailing trend in the capital market. "I think the (capital) market is on a right track. Ups and downs in the mark...

Jamuna Bank recommends 20pc cash dividend

Jamuna Bank recommends 20pc cash dividend

FE Online Report 2019-04-22 13:08:28

The board of directors of Jamuna Bank Ltd has recommended 20 per cent cash dividend for the year ended on December 31, 2018. The final approval of dividend will come during the annual general meeting...

Sea Pearl Beach’s public subscription opens Tuesday

Sea Pearl Beach’s public subscription opens Tuesday

FE Online Report 2019-04-22 11:57:37

The public subscription of Sea Pearl Beach Resort & Spa Limited is set to open on Tuesday (April 23), as the company aims to raise a fund worth Tk 150 million from the capital market. The subscri...

Asia stocks firm, oil hits 5-month peak on Iran sanctions report

Asia stocks firm, oil hits 5-month peak on Iran sanctions report

-- 2019-04-22 11:11:55

Asian shares were steady on Monday as investors took stock of recent data suggesting global growth may be stabilizing, while oil prices spiked on a report the US is likely to ask all importers of Iran...

Stocks end almost flat after sharp rise in previous session

Stocks end almost flat after sharp rise in previous session

FE Online Report 2019-04-21 16:42:57

Stocks ended almost flat on Sunday, after a sharp rise in the previous session, as late hours selling spree wiped out early gains. Market analysts said the institutional investors followed cautious s...

BNIC recommends 12pc cash dividend

BNIC recommends 12pc cash dividend

FE Online Report 2019-04-21 16:10:18

The board of directors of Bangladesh National Insurance Company (BNIC) has recommended 12 per cent cash dividend for the year ended on December 31, 2018. The final approval of dividend will come duri...

StanChart to help improve clients’ operating efficiency

StanChart to help improve clients’ operating efficiency

FE Report 2019-04-21 10:35:43

Lisa Robins is Global Head of Transaction Banking at Standard Chartered and a member of Corporate and Institutional Banking Management Team. Based in Singapore, she is responsible for the bank's trans...

FRC finds anomalies in companies’ financials

FRC finds anomalies in companies’ financials

Mohammad Mufazzal 2019-04-21 09:45:40

The Financial Reporting Council (FRC) has asked all listed companies and respective auditors to prepare 'accurate' and 'truthful' financial statements. The instruction followed some inconsistencies d...

BRAC Bank, Constellation AMC sign deal

BRAC Bank, Constellation AMC sign deal

FE Online Desk 2019-04-20 13:49:13

  BRAC Bank Limited and Constellation Asset Management Company Limited have signed a Custodial Service Agreement to manage the mutual fund titled “Constellation Unit Fund”.  ...