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The Financial Express

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Stocks end 2021 on a happy note

Stocks end 2021 on a happy note

FE ONLINE REPORT 2021-12-30 16:36:20

Stocks ended higher on Thursday, the last trading day of this year, as investors showed their buying interest on sector-wise issues amid high hopes in the New Year. DSEX, prime index of Dhaka Stock E...

Stocks open higher on last trading day of year

Stocks open higher on last trading day of year

FE ONLINE REPORT 2021-12-30 11:46:08

Stocks opened marginally higher on Thursday, the last trading day of the year 2021, as bargain hunters were showing buying interest on sector-wise issues. Following the previous day’s modest co...

BSCCL jumps 8.82pc after share issue report

BSCCL jumps 8.82pc after share issue report

FE REPORT 2021-12-30 11:37:17

The share price of Bangladesh Submarine Cable Company jumped 8.82 per cent on Wednesday after the news that the company is going to issue over 14.86 million shares to the government against share mone...

Half of beneficiary owners' accounts exist in name only!

Half of beneficiary owners' accounts exist in name only!

MOHAMMAD MUFAZZAL 2021-12-30 08:42:44

Around half of the active BO (beneficiary owner) accounts have not played any role in daily transactions over the years as those accounts either have zero balance or have never been used in share trad...

BSEC keeps banks' 'full discretion' unchanged

BSEC keeps banks' 'full discretion' unchanged

MOHAMMAD MUFAZZAL 2021-12-30 08:39:29

The securities regulator has decided to keep unchanged the banks' 'full discretion' regarding cancellation of distributions or payments - to facilitate their capital formation through issuing perpet...

Hungry market devours government Sukuk

Hungry market devours government Sukuk

SIDDIQUE ISLAM 2021-12-30 08:29:59

Bangladesh's hungry securities market swallows a gain-only bond as the Tk 50-billion government Sukuk was oversubscribed nearly five times to Tk 233.04 billion in its auction held Wednesday. A tota...

India's market regulator tightens stock market listing rules

India's market regulator tightens stock market listing rules

-- 2021-12-29 17:51:58

India's market regulator on Tuesday strengthened rules for companies going public, potentially slowing some planned new issues, as it seeks to protect retail investors after a record year of Initial P...

Stocks slide after two-day gain

Stocks slide after two-day gain

FE ONLINE REPORT 2021-12-29 15:54:20

Stocks ended marginally lower on Wednesday after choppy trading as investors remained cautious ahead of year-end adjustment and concern over new coronavirus variant Omicron. The market moved between...

Stocks open marginally higher ahead of year-end

Stocks open marginally higher ahead of year-end

FE ONLINE REPORT 2021-12-29 11:41:04

Stocks opened marginally higher on Wednesday as bargain hunters were showing their buying interest on sector-wise issues ahead of the year-end. Following the previous day’s rise, DSEX, the prim...

General insurance issues grab almost 22pc of turnover

General insurance issues grab almost 22pc of turnover

FE REPORT 2021-12-29 10:32:57

The broad index of Dhaka bourse closed Tuesday's session moderately higher extending the gaining streak for the second consecutive session as major sectors played market supportive role. On the day,...

ICB to issue Mudaraba Sukuk worth Tk 10 billion

ICB to issue Mudaraba Sukuk worth Tk 10 billion

FE REPORT 2021-12-28 09:57:45

The state-run Investment Corporation of Bangladesh (ICB) will issue 'ICB 1st Mudaraba Sukuk' worth Tk 10 billion in a bid to support the country's capital market. The corporation's board of directors...

Premier Cement approves 20pc cash dividend in AGM

Premier Cement approves 20pc cash dividend in AGM

FE ONLINE REPORT 2021-12-27 17:20:58

The 19th Annual General Meeting (AGM) of Premier Cement Mills Limited was held on Sunday via a digital platform.  Mr Mohammad Mustafa Haider, Chairman of the company, chaired the meeting. A 20...

Stocks rebound after three down days

Stocks rebound after three down days

-- 2021-12-27 17:19:59

After witnessing a downward trend in the three sessions, stocks on Monday rebounded in the Dhaka and Chittagong stock exchanges as investors remained active on sector-wise issues. After witnessing vo...

Meghna, Southeast banks get BSEC nod for Issuing bond

Meghna, Southeast banks get BSEC nod for Issuing bond

FE REPORT 2021-12-27 10:20:07

The securities regulator has allowed Meghna Bank and Southeast Bank to issue subordinated bond worth Tk 5.0 billion each. The approvals came in a meeting, held at the Bangladesh Securities and Exchan...

Sharif Anwar elected DSE's shareholder director

Sharif Anwar elected DSE's shareholder director

FE REPORT 2021-12-27 09:59:23

The shareholders of Dhaka Stock Exchange (DSE) have elected Sharif Anwar Hossain, managing director of Sahidullah Securities as the DSE's shareholder director. Mr Hossain on Sunday became the premier...

Gulf bourses fall on rise in Covid-19 cases

Gulf bourses fall on rise in Covid-19 cases

-- 2021-12-26 21:08:35

Most stock markets in the Gulf ended lower on Sunday, with the Saudi index shedding the most as rising coronavirus cases across the region weighed on investor sentiment. Covid-19 infections have star...

Special audits of many listed companies being done by regulator: BSEC chief

Special audits of many listed companies being done by regulator: BSEC chief

FE REPORT 2021-12-26 10:19:49

The chairman of Bangladesh Securities and Exchange Commission (BSEC) said the regulator conducts special audits of many listed companies along with looking into their operations for the sake of the ma...

ICMAB holds 50th AGM

ICMAB holds 50th AGM

FE REPORT 2021-12-26 10:13:01

The 50th annual general meeting of the Institute of Cost and Management Accountants of Bangladesh (ICMAB) was held on Friday at the ICMAB Ruhul Quddus Auditorium of the ICMAB Bhaban in the city's Ni...

Stocks keep bleeding as major sectors plunge

Stocks keep bleeding as major sectors plunge

BABUL BARMAN 2021-12-25 11:17:22

Stocks suffered yet another setback in the outgoing week, with the key index of the Dhaka Stock Exchange (DSE) falling to four month low, amid confidence crisis among investors. The week featured fiv...

Union Bank's IPO subscription opens tomorrow

Union Bank's IPO subscription opens tomorrow

FE REPORT 2021-12-25 10:52:36

The IPO subscription of Union Bank Ltd will commence tomorrow (Sunday), aiming to raise Tk 4.28 billion from the capital market under the fixed price method. The initial public offering (IPO) subsc...

BSC proposes 12pc dividend

BSC proposes 12pc dividend

FE REPORT 2021-12-24 10:21:02

Bangladesh Shipping Corporation (BSC) proposed on Thursday to disburse 12 per cent dividend to the shareholders due to increased profits made during the fiscal year 2020-21 compared to the previous fi...

Stocks slump amid lack of confidence

Stocks slump amid lack of confidence

FE ONLINE REPORT 2021-12-23 15:57:43

Stocks ended sharply lower on Thursday, after the previous day’s flat ending, as nervous investors dumped their holdings to avoid further fall. DSEX, the prime index of the Dhaka Stock Exchange...

Fareast Islami Life Insurance holds 21st AGM

Fareast Islami Life Insurance holds 21st AGM

FE ONLINE DESK 2021-12-23 15:48:27

Fareast Islami Life Insurance Company Ltd held its 21st Annual General Meeting (AGM) virtually on Wednesday (yesterday).  Dr Md Rahmat Ullah, chairman of the Fareast Islami Life Insurance Compan...

Aramit Ltd approves 50pc final cash dividend

Aramit Ltd approves 50pc final cash dividend

FE ONLINE DESK 2021-12-23 12:48:30

Aramit Limited, a unit of Aramit Group, has approved 50 per cent final cash dividend for the year ended on June 30, 2021. The approval was made by the shareholders in the 50th annual general meeting...

Stocks open mixed as investors remain cautious

Stocks open mixed as investors remain cautious

FE ONLINE REPORT 2021-12-23 11:26:43

Stocks opened mixed trend on Thursday as investors mostly followed a cautious stance amid lack of clear market direction. Following the previous day’s slight loss, DSEX, the prime index of the...

UCB to issue Tk 10b subordinated bond

UCB to issue Tk 10b subordinated bond

FE REPORT 2021-12-23 10:19:34

The board of directors of United Commercial Bank (UCB) has decided to issue 'UCB 5th Subordinated Bond' worth Tk 10 billion to strengthen its capital base. The bank will issue the bond as part of Tie...

Spotlight on rapid IPO, mandatory listings

Spotlight on rapid IPO, mandatory listings

FE REPORT 2021-12-23 08:46:11

Reduced timing of clearing IPO proposals, rules for mandatory listing and proper branding of listed companies are among lures that can inspire corporate entities to go public, experts say about market...

Stocks slip into red after single-day break

Stocks slip into red after single-day break

FE ONLINE REPORT 2021-12-22 16:35:14

Stocks slipped into the red on Wednesday, after a single-day break, as investors remained cautious amid a lack of clear market direction. DSEX, the prime index of the Dhaka Stock Exchange (DSE), went...

Navana Pharma holds IPO show for raising Tk 750m

Navana Pharma holds IPO show for raising Tk 750m

FE ONLINE REPORT   2021-12-22 15:27:21

Navana Pharmaceuticals Ltd, one of the leading drug makers in the country, held a road show for raising Tk 750 million from the capital market through IPO under the book-building method. The company...

DSE, CSE open marginally higher

DSE, CSE open marginally higher

FE ONLINE REPORT 2021-12-22 11:51:57

Stocks opened marginally higher on Wednesday as bargain hunters are showing their buying interest in the sector-wise issues. Following the previous day’s modest rise, DSEX, the prime index of t...