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BSRMSTEEL earnings decline by 52pc in Q1 2017

FE Online Report 2017-11-09 12:49:58

In Q1 2017 financials, BSRMSTEEL attained an EPS of Tk 1.06 as against Tk 2.21 for Q1 2016. EPS has decreased by more than half compared to the first quarter of last year. Analysis of the financial...

Asian shares mute; Nikkei surges

-- 2017-11-09 12:22:54

Japan’s stock benchmark surged Thursday to its highest in more than a quarter century on the yen’s weakness and healthy corporate earnings while other Asian markets were subdued. Japan&rs...

DSE turnover scales Tk 8.0b mark

FE Online Report 2017-11-09 12:00:00

Daily trade turnover on Dhaka Stock Exchange (DSE) surpassed Tk 8.0-billion mark Thursday after one month as investors put fresh stakes on stocks. Turnover, a crucial indicator of the market, stood a...

Stocks rise amid low turnover

FE Online Report 2017-11-09 11:25:07

The prices of most of the shares on both bourses witnessed upward trend in early hour of trading Thursday as investors are active on sector-wise stocks. Following the previous three days’ uptur...

US stocks hit high; videogame makers rally

-- 2017-11-09 11:17:04

Wall Street closed at a record high on Wednesday as videogame makers rallied and Apple’s market value climbed above $900 billion. Take-Two Interactive Software jumped 10.58 per cent after the v...

Three more cos recommend dividend

FE Online Report 2017-11-09 10:44:52

The board of directors of three more listed companies –Meghna Petroleum, Keya Cosmetics and Eastern Cables– have recommended dividend for the year ended on June 30, 2017, according to sepa...

Nikkei jumps, Topix hits 26-year high

-- 2017-11-09 10:30:55

Japan’s Topix index rose to a 26-year high on Thursday, while the Nikkei share average broke the 23,000 level for the first time since January 1992 as financial and securities shares rallied. T...

Broadcom’s bid to take over Qualcomm

FE Online Report 2017-11-09 04:01:35

Shares of Broadcom Ltd has jumped as it made an unsolicited bid worth $130 billion for acquiring the mobile chipmaker Qualcomm last week. Reports about the bid raised the stock price of Qualcomm as...

European shares open in negative territory

-- 2017-11-09 03:48:21

European shares opened in negative territory on Thursday, as a flurry of corporate earnings for the third quarter triggered sharp prices moves across some sectors and bourses. The pan-European STOXX...

Gulf markets weak at opening

-- 2017-11-09 03:40:53

Most Gulf stock markets were weak in early trade on Thursday because of concern about the impact of Saudi Arabia’s anti-corruption investigation. The Saudi stock index fell 0.7 per cent in the...

BSE, NSE edge up; Reliance leads

-- 2017-11-09 03:27:31

Indian stock markets rose a wee bit on Thursday, led by shares of oil refiners such as Reliance Industries Ltd and Hindustan Petroleum Corp Ltd as oil prices fell overnight. The broader NSE index w...

Five mutual funds declare earnings

FE Online Report 2017-11-09 01:19:56

Five mutual funds have declared their latest earnings recently. Analysis of the data published on Dhaka Stock Exchange (DSE) revealed that both EBLNRBMF and PHPMF1 have an EPU (earning per unit) of...

PADMAOIL reports earnings growth in Q1

FE Online Report 2017-11-09 01:04:07

Padma Oil (PADMAOIL) reported their unaudited Q1 earnings, according to Dhaka Stock Exchange (DSE) website. Their reported EPS for July to September 2017 increased to Tk. 6.32 in comparison to Tk. 5...

Asian stocks mixed after Trump warn N Korea

-- 2017-11-08 12:58:44

Asian shares were mixed Wednesday after Wall Street declined as President Donald Trump delivered a new warning to North Korea in a speech to South Korean lawmakers. The Shanghai Composite Index gain...

KOSPI stock index rises, won drops

-- 2017-11-08 12:44:27

South Korea's KOSPI stock index rose on Wednesday. The Korean won fell while bond yields rose. At 01:13 GMT, the KOSPI was up 1.82 points or 0.07 per cent at 2,547.26, reports Reuters. The won was q...

Southeast Asian stocks mute

-- 2017-11-08 12:37:22

Southeast Asian stock markets were mostly muted on Wednesday, with Indonesia slipping from a record close, as investors took a breather in the absence of market-moving data. However, Vietnam stocks f...

China stocks edge up amid Trump’s visit

-- 2017-11-08 12:28:08

China stocks edged up on Wednesday, with investors increasing their leveraged bets as they await US President Donald Trump’s visit to Beijing. On the mainland, the blue-chip CSI300 index rose 0...

Customs scraps Golden Son licence, slaps fine

-- 2017-11-08 12:00:00

Customs authorities have scrapped the bonded warehouse licence of Golden Son Ltd and fined the compnay about Tk 433 million. Customs took the punitive action against the Golden son - a manufacturer...

DSE gains 22 points at opening

FE Online Report 2017-11-08 12:00:00

Stocks witnessed upward trend in early trading on Wednesday as investors are showing their buying spree on banking sector stocks. Following the previous two days’ upturn, the Dhaka Stock Exchan...

HK stocks rise to decade high

-- 2017-11-08 12:00:00

Hong Kong stocks rose to a fresh decade high on Wednesday morning, powered by investor enthusiasm for tech stocks, as shares in China Literature Ltd doubled in their red-hot debut. The Hang Seng inde...

Four cos recommend dividend

FE Online Report 2017-11-08 11:43:17

The board of directors of four more listed companies – Padma Oil Company, Orion Pharmaceuticals, Orion Infusions and National Tubes – have recommended dividend for the year ended on June 3...

Japanese shares slip on profit-taking

-- 2017-11-08 10:49:28

Japan’s Nikkei share average slipped on Wednesday from the previous session’s near 26-year high as investors took their profits, dragging on financial and mining stocks. The Nikkei drop...

New Zealand shares lower

-- 2017-11-08 10:43:35

New Zealand shares were lower on Wednesday after energy stocks languished as a rally in oil prices lost steam after tension flared between Saudi Arabia and Iran. The benchmark S&P/NZX 50 index fe...

Australian shares ease; energy firms

-- 2017-11-08 10:40:09

Australian shares eased on Wednesday, hurt by basic materials and energy firms though strong quarterly earnings from Commonwealth Bank of Australia drove its stock up and helped limit broad losses. T...

US stocks end mixed, Dow rises

-- 2017-11-08 10:26:55

Wall Street ended mixed trade on Tuesday, the Dow Jones eked out a fourth consecutive record high, while the S&P 500 ended marginally lower. The S&P 500 financial index led decliners with a 1...

Stocks end higher riding on banks, telecom

FE Online Report 2017-11-08 03:23:53

Stocks extended the gaining streak for the three consecutive sessions Wednesday as investors took position on banks and Grameenphone shares. Dealers said the market extended the winning streak riding...

SE Asian stocks rise with Asian peers

-- 2017-11-07 12:35:27

Most Southeast Asian stock markets rose on Tuesday, with Singapore striking an over two-year high and Vietnam hitting its highest in nearly a decade, in line with Asian peers. Energy stocks gained ac...

South Korean stocks rise, won up

-- 2017-11-07 12:29:30

South Korea's KOSPI stock index rose on Tuesday, while the Korean won also rose. At 01:04 GMT, the KOSPI was up 1.42 points or 0.06 per cent at 2,550.83, reports Reuters. The won was quoted at 1,11...

Hong Kong shares hit decade high

-- 2017-11-07 12:22:48

Shares in Hong Kong on Tuesday joined the global optimism that pushed Wall Street to another record overnight and the Asian stocks to their highest level in 10 years. Monday’s market anxiety st...

China shares hit 2-year high

-- 2017-11-07 12:17:19

Shares in China on Tuesday rose slightly, despite growing concern that China’s economic growth will slow, some brokerages started to paint a rosy picture for its A-share market in 2018. The blu...