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The Financial Express

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Clients of errant brokers asked to submit complaints

Clients of errant brokers asked to submit complaints

FE REPORT 2022-02-18 08:59:17

Dhaka Stock Exchange (DSE) has requested the clients of three stock brokers to submit complaints regarding embezzlement of their money or shares or both within May 15, 2022. The premier bourse DSE...

BSEC cuts minimum limit to Tk 2.0m for investors

BSEC cuts minimum limit to Tk 2.0m for investors

FE REPORT 2022-02-18 08:35:21

The securities regulator has slashed drastically the minimum investment limit for an investor to be qualified for trading on the Small Capital Platform of the exchanges. The move is to attract more i...

DSEX dips below 7,000-mark on selling binge

DSEX dips below 7,000-mark on selling binge

FE ONLINE REPORT 2022-02-17 16:11:39

Stocks plunged on Thursday, with the key index of the Dhaka Stock Exchange (DSE) falling below the ‘psychological’ threshold of 7,000 points mark after 13 trading days. Following the prev...

Stocks slide at opening amid sluggish turnover

Stocks slide at opening amid sluggish turnover

FE ONLINE REPORT 2022-02-17 11:33:36

Stocks opened marginally lower on Thursday as the cautious investors were seen booking profit on sector-wise issues. Following the previous day’s modest rise, DSEX, the prime index of the Dhaka...

Net loss of Bangladesh Services up in July-December

Net loss of Bangladesh Services up in July-December

FE REPORT 2022-02-17 10:23:32

Bangladesh Services, the state-run hospitality service provider, continued to incur losses for July-December 2021 period due to the poor revenue generation and increase of administrative and other exp...

Stocks post marginal gain, snap two-day losing streak

Stocks post marginal gain, snap two-day losing streak

FE ONLINE REPORT 2022-02-16 16:00:36

Stocks posted a marginal gain on Wednesday, snapping a two-day losing streak, as some investors showed buying interest on sector-specific issues. The market opened on a positive note and the key inde...

Rahima Food starts coconut oil production

Rahima Food starts coconut oil production

FE REPORT 2022-02-16 13:17:47

Rahima Food Corporation, a re-listed company, is going to start commercial operation for production and marketing of coconut oil from tomorrow (Thursday) after completion of trial production, the co...

Star Adhesive allowed to raise Tk 50m

Star Adhesive allowed to raise Tk 50m

FE REPORT 2022-02-16 13:12:19

The securities regulator has allowed Star Adhesive to raise a capital worth Tk 50 million through qualified investor offer (QIO). The Bangladesh Securities and Exchange Commission (BSEC) on Tuesday a...

Bourses open higher after two-day fall

Bourses open higher after two-day fall

FE ONLINE REPORT 2022-02-16 11:28:37

Stocks opened higher on Wednesday as the optimistic investors were showing their buying interest on sector-wise issues after two-day correction. Following the previous two days’ fall, DSEX, the...

Dhaka, Chattogram stock exchanges seek corporate tax cut

Dhaka, Chattogram stock exchanges seek corporate tax cut

FE REPORT 2022-02-16 08:51:31

Both the bourses of the country have proposed a cut in corporate tax for listed companies, in order to encourage multinationals and good local companies to go public. The proposals were placed at a...

IPO pipeline dries up as companies duck stock market listing

IPO pipeline dries up as companies duck stock market listing

JASIM UDDIN HAROON 2022-02-16 08:25:15

Bangladesh stock-market's IPO pipeline dries up, with no such equity-investment opportunity in sight for the securities regulator to clear soon, as many eligible companies duck securities listings. M...

NBR should continue money whitening scheme, say stock exchanges and merchant bankers

NBR should continue money whitening scheme, say stock exchanges and merchant bankers

-- 2022-02-15 20:13:51

The country’s stock exchanges and merchant bankers have urged the National Board of Revenue (NBR) to continue with the provision of whitening black money by investing in the stock market with a...

Stocks extend losses as major sectors slump

Stocks extend losses as major sectors slump

FE ONLINE REPORT 2022-02-15 16:18:37

Stocks extended the losing streak for the second straight session on Tuesday as cautious investors continued to opt for booking profit on quick-gaining issues. The market opened on a positive note an...

Mamun Agro makes debut on SME platform today

Mamun Agro makes debut on SME platform today

FE REPORT 2022-02-15 11:50:40

Trading of the shares of Mamun Agro Products Ltd will commence today (Tuesday) under SME Platforms of the Dhaka Stock Exchange and Chittagong Stock Exchange. DSE trading code for Mamun Agro Products...

IFIC Bank to sell all shares in NBBL

IFIC Bank to sell all shares in NBBL

FE REPORT 2022-02-15 09:34:51

The IFIC Bank has decided to withdraw its total investment from the Nepal Bangladesh Bank Limited (NBBL), a disclosure said. The officials said the bank has decided to sell all its shares in the NBBL...

Istisna Sukuk to raise Tk 50b for financing rural infrastructure development

Istisna Sukuk to raise Tk 50b for financing rural infrastructure development

SIDDIQUE ISLAM 2022-02-15 08:47:51

The central bank now tosses a new brand of Islamic bond called Istisna Sukuk to raise Tk 50 billion for financing a rural infrastructure-development project, officials say. A six-member Technical C...

Stocks slide, snapping four-day winning streak

Stocks slide, snapping four-day winning streak

FE ONLINE REPORT 2022-02-14 16:13:24

Stocks posted a marginal loss on Monday, snapping a four-day winning streak, as cautious investors opted for booking profit on quick-gaining issues. The market opened on an upbeat note and the key in...

Proper IPO pricing a must to attract quality issues

Proper IPO pricing a must to attract quality issues

FE REPORT 2022-02-14 12:12:14

Discussants have laid importance on proper IPO (Initial Public Offering) pricing, good governance in taxation and reduced timeframe for approval of public offerings to attract good companies to go pub...

Scandal-hit Credit Suisse's investors see no sign of light at end of tunnel

Scandal-hit Credit Suisse's investors see no sign of light at end of tunnel

-- 2022-02-14 11:53:29

Weary Credit Suisse investors fear a long wait for the bank to get back on piste after a string of scandals which have wiped billions off its market value and piled pressure on management. While Swit...

Peninsula's EPS jumps 120pc

Peninsula's EPS jumps 120pc

FE REPORT 2022-02-14 11:52:23

The Peninsula Chittagong Ltd, a luxurious hotel located in the port city, reported a 120 per cent increase in its second quarter (Q2) earnings for October-December 2021, thanks to higher revenue inc...

DSEX exceeds 7100-mark at opening

DSEX exceeds 7100-mark at opening

FE ONLINE REPORT 2022-02-14 11:42:01

Stocks opened marginally higher on Monday with the key index of the major bourse crossing the 7100-mark in early trading as buoyant investors were showing their buying interest on sector-wise issues....

Himalaya yogi ran India's top bourse as puppet master!

Himalaya yogi ran India's top bourse as puppet master!

-- 2022-02-14 08:55:03

The former head of India's largest stock exchange shared confidential information with a yogi and sought his advice on crucial decisions, a probe by the market regulator has found, ahead of the bourse...

India's Life Insurance Corp files $8b IPO papers

India's Life Insurance Corp files $8b IPO papers

-- 2022-02-14 08:52:54

State-run Life Insurance Corporation of India (LIC) has filed draft papers with the market regulator to sell 5 per cent of its shares to potentially raise nearly $8 billion, dwarfing the biggest IPO i...

Saudi Arabia transfers Aramco shares worth $80bn to state fund

Saudi Arabia transfers Aramco shares worth $80bn to state fund

-- 2022-02-13 19:24:34

Saudi Arabia's Crown Prince Mohammed bin Salman has transferred 4 per cent of Saudi Aramco shares worth $80 billion to the kingdom’s sovereign wealth fund, the government said on Sunday. The sh...

Stocks post slight gain after choppy trading

Stocks post slight gain after choppy trading

FE ONLINE REPORT 2022-02-13 15:48:13

Stocks edged higher on Sunday as most investors followed a cautious stance ahead of December-end earnings and dividend declarations. The market witnessed high volatility before closing marginally hig...

DSE, CSE post marginal rise at opening

DSE, CSE post marginal rise at opening

FE ONLINE REPORT 2022-02-13 11:53:40

Stocks posted a marginal gain at opening on Sunday as investors showed their buying interest on sector-wise issues cautiously ahead of December-end earnings and dividend declarations. Following the p...

Union Insurance price soars 495pc in 20 sessions

Union Insurance price soars 495pc in 20 sessions

FE REPORT 2022-02-13 10:36:04

The newly listed Union Insurance Company has continued its abnormal surge of price despite there was no undisclosed price sensitive information (PSI). The company's share price jumped 495 per cent in...

BSEC, bourses ramp up vigilance, enforcement actions

BSEC, bourses ramp up vigilance, enforcement actions

MOHAMMAD MUFAZZAL 2022-02-13 09:43:31

The securities regulator and the bourses have intensified their vigilance and enforcement actions against the errant market operators and listed companies to ensure the safety of investors' money and...

US investors expect more volatility

US investors expect more volatility

-- 2022-02-13 09:14:26

Geopolitical worries have added another layer of volatility to an already-jumpy market as investors priced in the possibility of escalating conflict between Russia and Ukraine, though some doubted the...

Ten companies grab 31pc of DSE transactions

Ten companies grab 31pc of DSE transactions

FE REPORT 2022-02-12 09:04:33

Ten most-traded stocks accounted for nearly 31 per cent of turnover in the outgoing week on the Dhaka Stock Exchange while Bangladesh Shipping Corporation made its way to the top of the list. Marke...