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The Financial Express

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Meta shares plunge 20pc as Facebook feels heat from Apple, TikTok

Meta shares plunge 20pc as Facebook feels heat from Apple, TikTok

FE ONLINE DESK 2022-02-03 08:44:20

Facebook owner Meta Platforms Inc's (FB.O) shares plunged more than 20 per cent late on Wednesday after the social media company posted a weaker-than-expected forecast, blaming Apple's privacy changes...

Brokers' capital shortage puts investors at risk

Brokers' capital shortage puts investors at risk

MOHAMMAD MUFAZZAL 2022-02-03 08:25:06

Insufficient capital adequacy and lack of deterrent penalties, among other frailties, are seen responsible for recurrent embezzlement of investors' money and shares by a section of stockbrokers. A la...

DSEX exceeds 7000-mark again

DSEX exceeds 7000-mark again

FE ONLINE REPORT 2022-02-02 15:48:25

Stocks extended their winning streak for the second straight session on Wednesday, with the key index of the major bourse crossing 7,000-mark after three days, as investors put fresh bets on large-cap...

10 listed companies see hefty growth in EPS

10 listed companies see hefty growth in EPS

FE REPORT 2022-02-02 12:03:45

Some 10 listed companies registered hefty growth in EPS (earnings per share) for October-December (Q2), 2021 compared to the same period of the previous year mainly riding on increased turnover. The...

DSEX breaks 7000-mark at opening

DSEX breaks 7000-mark at opening

FE ONLINE REPORT 2022-02-02 11:34:08

Stocks opened higher on Wednesday, with the key index of the major bourse crossing the 7000 points mark, as investors put fresh bets on large-cap stocks based on the latest quarterly earning declarati...

Low-cap companies dominate market gainers' list

Low-cap companies dominate market gainers' list

FE REPORT 2022-02-02 10:58:23

The market rebounded on winning streak Tuesday, snapping a four-day losing streak, as investors put fresh bets on large-cap stocks based on the latest quarterly earning declarations. The market opene...

DSE pays Tk 331m taxes through e-TDS

DSE pays Tk 331m taxes through e-TDS

FE REPORT 2022-02-02 10:46:03

The Dhaka Stock Exchange (DSE) has started availing the electronic tax deducted at source (e-TDS) system to pay taxes to the public exchequer. It paid Tk 331 million under Tax Zone-13 of the National...

Google propels record Alphabet revenue, sending shares higher

Google propels record Alphabet revenue, sending shares higher

-- 2022-02-02 09:29:14

Google parent Alphabet Inc reported record quarterly sales that topped expectations on Tuesday, as its internet advertising business surged on consumers using Google search as they shopped online and...

World stocks see choppy start of new month after volatile January

World stocks see choppy start of new month after volatile January

-- 2022-02-02 08:56:48

Global equity markets wavered on Tuesday as a new month saw investors weigh strong earnings from big-name US companies against mixed economic data and inflation worries, Reuters reports. While US job...

Stocks rebound after four-day slump

Stocks rebound after four-day slump

FE ONLINE REPORT 2022-02-01 15:56:36

The market bounced back on Tuesday, snapping a four-day losing streak, as investors put fresh bets on large-cap stocks which posted healthy profit growth. The market started on a positive trend and c...

Stocks open month on high note as investors putting fresh funds on sector-wise issues

Stocks open month on high note as investors putting fresh funds on sector-wise issues

FE ONLINE REPORT 2022-02-01 11:53:56

Stocks opened higher on Tuesday, the first day of February, as investors are putting fresh funds on sector-wise stocks based on latest earnings declarations. Following the four days’ correction...

QIO proposal of Krishibid Seed approved

QIO proposal of Krishibid Seed approved

FE REPORT 2022-02-01 10:35:44

The securities regulator approved the proposal of qualified investor offer (QIO) of Krishibid Seed which will raise a capital worth Tk 116 million. The approval came Monday at a meeting held at the o...

Most listed power generation companies in private sector see EPS growth

Most listed power generation companies in private sector see EPS growth

BABUL BARMAN 2022-02-01 10:23:38

Most listed power generation companies in the private sector posted moderate profit growth in July-December 2021, riding on higher income from subsidiaries and reduced corporate tax rate. Out of the...

Profit-booking craters stock prices

Profit-booking craters stock prices

FE REPORT 2022-02-01 10:00:58

Stocks slumped on Monday as the risk-averse investors opted for booking profits on major sector issues amid fear of further price erosion. The market started on a positive note, but the morning opt...

Stocks extend losses as major sectors plunge

Stocks extend losses as major sectors plunge

FE ONLINE REPORT 2022-01-31 16:23:26

Stocks slumped further on Monday as the risk-averse investors opted for booking profit on stocks which failed to meet investors’ expectations in quarterly earnings declarations. The market op...

Stocks open marginally lower

Stocks open marginally lower

FE ONLINE REPORT 2022-01-31 11:39:54

Stocks opened marginally lower on Monday as the risk-averse investors opted for booking profit on stocks which failed to meet investors’ expectations in quarterly earnings declarations. Followi...

Asia shares edge higher, oil still climbing

Asia shares edge higher, oil still climbing

-- 2022-01-31 10:49:27

Asian shares swung higher on Monday as Wall Street futures stabilised, though tests loom ahead as UK interest rates are expected to rise this week and surging oil prices add to worries over inflation....

Berger Paints declares 300pc interim cash dividend

Berger Paints declares 300pc interim cash dividend

FE REPORT 2022-01-31 09:25:55

The board of directors of Berger Paints Bangladesh declared a 300 per cent interim cash dividend from the retained earnings reported in the audited financial statements as on March 31, 2021. The reco...

More companies see rise in earnings per share

More companies see rise in earnings per share

FE REPORT 2022-01-31 09:24:57

A good number of listed companies including Investment Corporation of Bangladesh (ICB) saw a rise in EPS (earnings per share) for October-December (Q2), 2021 compared to the same period of the previou...

CDBL launches monthly e-statement service

CDBL launches monthly e-statement service

FE REPORT 2022-01-31 09:20:17

The Central Depository Bangladesh Limited (CDBL), from now on, will provide monthly e-statement services to the BO (beneficiary owner's) account holders to ensure protection of investors' investments...

DSE key index dips below 7,000-mark again

DSE key index dips below 7,000-mark again

FE ONLINE REPORT 2022-01-30 16:01:24

Stocks ended lower on Sunday, with the core index of the Dhaka Stock Exchange (DSE) dipped below the ‘psychological’ threshold of 7,000-mark again. The market opened on a positive note an...

Stocks post modest rise at opening

Stocks post modest rise at opening

FE ONLINE REPORT 2022-01-30 11:30:06

Stocks opened marginally higher on Sunday amid volatile trading as the investors put fresh funds on stocks cautiously amid ongoing quarterly earnings declarations. Following the previous week’s...

EBL to raise Tk 5.0b through bond

EBL to raise Tk 5.0b through bond

FE REPORT 2022-01-30 09:23:59

Eastern Bank Limited (EBL) will raise Tk 5.0 billion through subordinated bond to strengthen its base. The company's board of directors in last week took the decision of raising capital through subor...

Seven companies dominate top 10 market gainers' chart

Seven companies dominate top 10 market gainers' chart

FE REPORT 2022-01-30 09:21:28

Seven listed companies in last week dominated the chart of top 10 gainers mainly riding on quarterly disclosures and information regarding board meetings to be held in this week for October-December...

China securities regulator met foreign banks to soothe economic concerns

China securities regulator met foreign banks to soothe economic concerns

-- 2022-01-29 10:44:08

The China Securities and Regulatory Commission (CSRC) met this week with executives at top western banks and asset managers to reassure them about the country's economic prospects after regulatory cra...

European stocks slump again

European stocks slump again

-- 2022-01-28 18:54:09

European stocks fell heavily again on Friday as worries about a sudden halt to central bank stimulus and rising tensions between Western powers and Moscow drove one of the worst ever starts to a year...

Stocks inch down after rough trading

Stocks inch down after rough trading

FE ONLINE REPORT 2022-01-27 16:08:57

Stocks finished slightly lower on Thursday after volatile trading as investors mostly cautiously amid ongoing quarterly earnings declarations. After witnessing high volatility, DSEX, the prime index...

Stocks open on positive note amid choppy trading

Stocks open on positive note amid choppy trading

FE ONLINE REPORT 2022-01-27 12:02:52

Stocks opened on a positive trend on Thursday amid choppy trading as the investors followed a cautious approach amid rising virus cases. Following the previous day’s flat ending, DSEX, the prim...

DSE opens complete digital system

DSE opens complete digital system

FE REPORT 2022-01-27 10:20:18

The chairman of Dhaka Stock Exchange (DSE) Md. Eunusur Rahman Wednesday said country's stock market still lags behind the regional ones mainly because of the lack of investors' confidence. He said...

Union Bank shares halted on debut day

Union Bank shares halted on debut day

FE REPORT 2022-01-27 10:13:02

Trading of Union Bank Ltd, a fourth generation private commercial bank, was halted at the upper limit circuit breaker after a few minutes of debut trading on Wednesday. The bank's share price closed...