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The Financial Express

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DSEX slumps 14pc, market cap sheds 8.42pc in 2018

DSEX slumps 14pc, market cap sheds 8.42pc in 2018

Babul Barman 2018-12-28 09:48:58

The capital market ended 2018, a gloomy year for it, as the core index of the Dhaka Stock Exchange (DSE) suffered a 14 per cent loss amid lack of investors' confidence. People familiar with the capit...

Stocks end 2018 with positive note

Stocks end 2018 with positive note

FE Online Report 2018-12-27 15:35:57

Stocks ended on Thursday, the last trading session of this year, with a positive note as investors continued their buying appetite on selective large-cap stocks. Market insiders said the investo...

AMCL (PRAN) declares 32pc cash dividend

AMCL (PRAN) declares 32pc cash dividend

FE Online Desk 2018-12-27 15:24:22

Agricultural Marketing Company Limited (AMCL PRAN) has declared 32 per cent cash dividend for its shareholders for the year 2017-2018. The approval of the dividend came during the 33rd Annual General...

SE Asian stocks rise after Wall Street rebound

SE Asian stocks rise after Wall Street rebound

-- 2018-12-27 13:43:04

Southeast Asian shares rose on Thursday, tracking a dramatic rebound on Wall Street powered by upbeat US holiday sales data and the Trump administration's efforts to boost investor confidence. Singap...

Stocks open positive to end 2018

Stocks open positive to end 2018

FE Online Report 2018-12-27 11:36:13

The prices of most of the shares on bourses witnessed positive trend in early hour of trading on Thursday, the last trading session of the 2018, as some investors are active on sector-wise issues. Br...

Battered Asia rides on Wall Street surge

Battered Asia rides on Wall Street surge

-- 2018-12-27 11:04:26

Asian shares on Thursday rode a dramatic surge on Wall Street as markets, hammered by a recent drum roll of deepening political and economic gloom, cheered upbeat US data and the Trump administration&...

BSEC approves IPO of Coppertech

BSEC approves IPO of Coppertech

FE Report 2018-12-27 11:01:19

The securities regulator has approved the IPO (initial public offering) proposal of Coppertech Industries. The company will raise a capital worth Tk 200 million offloading 20 million shares under the...

KPCL tops turnover chart for fourth day

KPCL tops turnover chart for fourth day

FE Report 2018-12-27 10:57:00

Top ten traded companies captured 22 per cent turnover of the major bourse on Wednesday. Khulna Power Company Ltd (KPCL) dominated the chart for fourth day in a row. Brokers said the investors were a...

Footwear cos to expand exports to European markets

Footwear cos to expand exports to European markets

FE Desk Report 2018-12-27 10:56:08

Mr. Md. Saiful Islam, president of Leathergoods And Footwear Manufacturers & Exporters Association of Bangladesh (LFMEAB) & Managing Director of Picard Bangladesh Ltd, briefing Dr. René...

DSEX crosses 5,300-mark

DSEX crosses 5,300-mark

FE Report 2018-12-27 10:46:49

Stocks maintained the upward trend for the sixth straight day on Wednesday as investors showed their buying binge on financial issues. Brokers said the market kept gaining following the news that the...

Nifty, Sensex plunge on global uncertainties

Nifty, Sensex plunge on global uncertainties

-- 2018-12-26 12:10:25

Indian shares fell on Wednesday, with major indexes falling over 1.0 per cent as investors fretted over political uncertainties in the US amid concerns of a slowdown in global growth. Domestic shares...

Asian shares slip on fears of US slowdown

Asian shares slip on fears of US slowdown

-- 2018-12-26 11:54:57

Asian shares were mostly lower on Wednesday after US President Donald Trump said that there was “nothing new” in efforts to end the partial government shutdown over a US-Mexico border wall...

Stocks advance amid political uncertainty

Stocks advance amid political uncertainty

FE Online Report 2018-12-26 11:35:22

The prices of most of the shares on bourses witnessed positive trend in early hour of trading on Wednesday as some investors are active on sector-wise issues amid cautious trading ahead of national el...

Fund raising through rights hits three-year low

Fund raising through rights hits three-year low

FE Report 2018-12-26 11:06:12

Funds raised by listed companies through issuance of rights shares fell sharply by 76 per cent year-on-year in 2018, hitting three years low. Two listed firms netted about Tk 2.68 billion by issuing...

Esquire Knit's IPO subscription to begin Jan 06

Esquire Knit's IPO subscription to begin Jan 06

FE Report 2018-12-26 10:47:35

The public subscription of Esquire Knit Composite will open on January 06, as the company is set to raise a capital of over Tk 562 million through IPO. The initial public offering (IPO) subscription...

Beximco approves 10 pc dividend

Beximco approves 10 pc dividend

FE Desk Report 2018-12-26 10:44:10

Bangladesh Export Import Company Limited (Beximco) approved 5.0 per cent cash and 5.0 per cent stock dividend (bonus share) for the year ended on June 30, 2018 in its 45th annual general meeting (AGM)...

KPCL tops turnover chart for third day

KPCL tops turnover chart for third day

FE Report 2018-12-25 15:46:03

Top ten traded companies captured 29 per cent turnover of the major bourse on Monday. Khulna Power Company Ltd (KPCL) topped the chart for third day in a row. Market insiders said the investors show...

Aamra Networks declares 10pc cash dividend

Aamra Networks declares 10pc cash dividend

FE Online Desk 2018-12-25 14:22:08

The board of directors of aamra networks limited (ANL) has declared 10 per cent cash dividend for the fiscal year 2018. The approval of the dividend came during the 17th Annual General Meeting (AGM)...

Markets not merry as stock losses extend into eighth day

Markets not merry as stock losses extend into eighth day

-- 2018-12-25 14:01:16

A gauge of stocks worldwide posted an eighth straight decline on Monday as investors ignored Trump administration attempts to reinforce confidence and the US president called the Federal Reserve the &...

Listed companies see incongruity in Corporate Governance Guidelines

Listed companies see incongruity in Corporate Governance Guidelines

FE Report 2018-12-25 10:39:51

The Bangladesh Association of Publicly Listed Companies (BAPLC) has demanded of the regulatory bodies to remove the conflicting clauses from the Corporate Governance Guidelines promulgated recently by...

Confidence Cement approves 35pc dividend

Confidence Cement approves 35pc dividend

Our Correspondent 2018-12-25 10:39:44

Confidence Cement Ltd has declared 35 per cent dividend (15 per cent cash and 20 per cent bonus) for its shareholders for the year ended on 30 June, 2018. The 27th annual general meeting (AGM) of the...

DSE won’t charge monthly fee for using mobile app

DSE won’t charge monthly fee for using mobile app

FE Report 2018-12-25 10:26:36

The Dhaka Stock Exchange (DSE) will not charge monthly Tk 150 per user for trading using DSE Mobile app. The DSE board of directors changed its decision after widespread criticism from all quarters i...

Stocks keep gaining amid post-election optimism

Stocks keep gaining amid post-election optimism

FE Online Report 2018-12-24 17:33:06

Stocks continued the upward trend for fifth straight day on Monday as some investors brought shares amid positive expectation after the national elections. Market insiders said the securities regulat...

Daffodil Computers declares 12pc cash dividend

Daffodil Computers declares 12pc cash dividend

FE Online Desk 2018-12-24 14:15:44

The board of directors of Daffodil Computers Limited has declared 12 per cent cash dividend for the year 2017-2018. The approval of the dividend came during the 21st Annual General Meeting (AGM) of t...

BBS Cables declares 25pc dividend

BBS Cables declares 25pc dividend

FE Online Desk 2018-12-24 12:18:46

The board of directors of BBS Cables Limited has declared 10 per cent cash and 15 per cent stock dividend for the year 2017-2018. The approval of the dividend came at the 10th Annual General Meeting...

Bourses make gentle gains in early trading

Bourses make gentle gains in early trading

FE Online Report 2018-12-24 11:23:17

The prices of most of the shares on both the bourses witnessed a positive trend in the early hour of trading on Monday as some investors remained active on sector-wise issues amid cautious trading ahe...

Asian markets a reluctant spectator to US political theatre

Asian markets a reluctant spectator to US political theatre

Reuters 2018-12-24 10:30:02

Asian stocks were subdued on Monday as investors fretted that political instability in the United States was leaving the country rudderless at a time when the global economy was showing signs of falte...

Bourses to remain closed for five days

Bourses to remain closed for five days

FE Report 2018-12-24 10:11:52

Trading will take place for only three sessions in the outgoing year as bourses will remain closed for five days due to Christmas Day, national elections, bank holiday and weekly holiday. Trading on...

Fundraising thru’ IPO triples in 2018

Fundraising thru’ IPO triples in 2018

Babul Barman 2018-12-24 09:41:05

Small-cap companies dominated the initial public offering (IPO) market in the outgoing year 2018 that has seen a constantly bearish market, said an analyst. The Dhaka Stock Exchange (DSE) data show 1...

Stocks edge up for four days amid cautious trading

Stocks edge up for four days amid cautious trading

FE Online Report 2018-12-23 18:41:11

Stocks gained marginally on Sunday for the fourth straight session as some investors brought shares amid cautious trading. Market insiders said securities regulator’s positive move on margin lo...