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The Financial Express

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Online education platform Coursera opens 18pc higher in NYSE debut

Online education platform Coursera opens 18pc higher in NYSE debut

Reuters 2021-04-01 12:16:36

Shares of online learning platform Coursera Inc opened 18 per cent above the initial public offering price in their US debut on Wednesday, valuing the company at $5.08 billion. The stock opened at $3...

Dhaka Stock Exchange Index tumbles to three-month low

Dhaka Stock Exchange Index tumbles to three-month low

FE REPORT 2021-04-01 09:45:27

The benchmark index of Dhaka bourse tumbled to a three-month low on Wednesday, with most stocks ending in the red amid spike in Covid-19 infections. The DSEX, the key index of the Dhaka Stock Exchang...

Mutual funds see price appreciation

Mutual funds see price appreciation

FE Report 2021-03-31 10:38:48

The majority number of listed mutual funds (MFs) witnessed price appreciation on Monday following investors' increased participation. On the day, the MFs also dominated the chart of top 10 gainers on...

Green Delta Insurance approves 32pc dividend

Green Delta Insurance approves 32pc dividend

FE DESK REPORT 2021-03-31 10:34:04

Green Delta Insurance Company Limited has declared 32 per cent dividend (7.5 per cent stock dividend and 24.5 per cent cash dividend) for its shareholders for the year ended December 31, 2020. The an...

86pc of investors' complaints resolved through CCAM

86pc of investors' complaints resolved through CCAM

FE Report 2021-03-29 08:38:11

Around 86 per cent of the investors' complaints so far submitted online have been addressed through the Customer Complaints Address Module (CCAM). The Bangladesh Securities and Exchange Commission (B...

BSEC to defer implementation of directive on margin loan interest cap for 6 months

BSEC to defer implementation of directive on margin loan interest cap for 6 months

FE Report 2021-03-29 08:25:59

The securities regulator is set to defer the implementation of its directive regarding the cap on margin loan interest for six months considering the interest of the market and its operators. The ass...

Goldman sold $10.5b of stocks in block-trade spree

Goldman sold $10.5b of stocks in block-trade spree

Reuters 2021-03-28 10:29:17

Large block trades on Friday causing a wave of selling in a clutch of companies were driven by sales of more than $10 billion executed by Goldman Sachs Group, media reported on Saturday. Shares in Vi...

Shahjalal Bank to diversify investment portfolios

Shahjalal Bank to diversify investment portfolios

Siddique Islam 2021-03-28 10:08:58

Shahjalal Islami Bank Limited (SJIBL) has decided to diversify its investment portfolios focusing on small and medium enterprises (SMEs) and retail banking aiming to minimize risks, the bank's top exe...

BSEC urged to defer implementation of directive about cap on margin loan interest

BSEC urged to defer implementation of directive about cap on margin loan interest

Mohammad Mufazzal 2021-03-28 10:01:35

Merchant bankers have urged the securities regulator to defer the implementation of its directive regarding cap on margin loan interest till June 30, 2022. They said the market may face sell pressure...

Stocks plunge further on virus worries

Stocks plunge further on virus worries

BABUL BARMAN 2021-03-27 08:55:49

Stocks plunged further for the second straight week as worried investors continued to dump their holdings amid fears over impact of the fresh wave of Covid-19 virus due to rising trend of infected pat...

BSEC approves draft prospectuses of two open-ended mutual funds

BSEC approves draft prospectuses of two open-ended mutual funds

FE Report 2021-03-26 10:17:26

The securities regulator approved the draft prospectuses of two open-end mutual funds (MFs) and also took a decision to issue licences to two fund managers. The approval came at a meeting of the Bang...

Stocks edge up amid volatile trading

Stocks edge up amid volatile trading

-- 2021-03-25 11:36:07

Stocks edged higher at opening on Thursday amid choppy trading as investors remained cautious amid a rising trend of Covid-19 infections and deaths in recent days. Following the previous day’s...

Asian shares wobble in volatile trade

Asian shares wobble in volatile trade

Reuters 2021-03-25 11:08:13

Asian equities bounced between gains and losses on Thursday as a selloff in Chinese technology shares due to concerns they will be de-listed from US bourses and worries about a semiconductor shortage...

Desh General Insurance to make trading debut Mar 29

Desh General Insurance to make trading debut Mar 29

FE ONLINE REPORT 2021-03-25 10:41:21

Desh General Insurance will make its shares trading debut on March 29 (Monday) on the bourses under "N" catagory, officials said. The insurer’s IPO subscription, which raised Tk 1...

Newly listed stocks suffer the most

Newly listed stocks suffer the most

FE REPORT 2021-03-25 08:44:58

Newly listed stocks suffered the biggest hits in the stock market on Wednesday with three out of top ten losers being the newcomers. Three newly listed companies - eGeneration, Lub-rref (Bangladesh...

Outbound remittance up to 6.0pc allowed sans approval

Outbound remittance up to 6.0pc allowed sans approval

DOULOT AKTER MALA 2021-03-25 08:41:35

The Bangladesh Investment Development Authority (BIDA) has allowed repatriation of outward remittance up to 6.0 per cent of the previous year's sales value, for companies in commercial operation, wi...

Stocks plunge further as virus cases rising alarmingly

Stocks plunge further as virus cases rising alarmingly

FE ONLINE REPORT 2021-03-24 16:46:40

Stocks plunged further Wednesday as panic-driven investors dumped their holdings amid fears of a fresh wave of the coronavirus. The market opened lower which continued until the end of the session as...

Stocks slide at opening amid virus worries

Stocks slide at opening amid virus worries

FE ONLINE REPORT 2021-03-24 11:36:49

Stocks plummeted at the opening on Wednesday as cautious amid the rising trend of Covid-19 infections and deaths alarmingly every day. Following the previous day’s flat ending, the Dhaka Stock...

Finance minister terms stock market fluctuation a normal phenomenon

Finance minister terms stock market fluctuation a normal phenomenon

FE REPORT 2021-03-24 10:19:28

Finance Minister AHM Mustafa Kamal on Tuesday said ups and downs are common phenomenon in stock market and advised the people to invest cautiously. "If you think that ups and downs won't happen in th...

Stocks inch higher after high volatility

Stocks inch higher after high volatility

FE ONLINE REPORT 2021-03-23 16:22:23

The market inched higher on Tuesday after high volatility as investors remained cautious amid a rising trend of Covid-19 infected patients in recent days. The market opened higher and the key index r...

First Finance declares 2.0pc stock dividend for 2019

First Finance declares 2.0pc stock dividend for 2019

FE ONLINE REPORT 2021-03-23 12:56:01

The board of directors of First Finance Ltd has recommended a 2.0 per cent stock dividend for the year ended on December 31, 2019. The company has recommended a 2.0 per cent stock dividend for the ye...

Delta Brac Housing Finance declares 30pc dividend

Delta Brac Housing Finance declares 30pc dividend

FE ONLINE REPORT 2021-03-23 12:13:08

Delta Brac Housing Finance Corporation has recommended 15 per cent cash and 15 per cent stock dividend for the year ended on December 31, 2020. The final approval of the dividend will come during the...

Stocks open higher as large-cap shares soar

Stocks open higher as large-cap shares soar

FE ONLINE REPORT 2021-03-23 11:36:12

Stocks opened on an upbeat note on Tuesday as bargain hunters showed their buying spree on selective large-cap lucrative issues. Following the previous day’s sharp rise, the market opened on a...

City Bank declares 17.50pc cash, 5.0pc stock dividend

City Bank declares 17.50pc cash, 5.0pc stock dividend

FE ONLINE REPORT 2021-03-23 10:47:53

The board of directors of The City Bank Ltd has recommended 17.50 per cent cash and 5.0 per cent stock dividend for the year ended on December 31, 2020. The final approval of the dividend will come d...

Premier Bank's price jumps almost 10pc on 'hefty' dividend declaration

Premier Bank's price jumps almost 10pc on 'hefty' dividend declaration

FE REPORT 2021-03-23 10:20:58

Shares prices of Premier Bank jumped 9.52 per cent to close at Tk 13.80 on Monday following its 'hefty' dividend declaration for the year ended on December 31, 2020. The private commercial bank has d...

Wall Street rises on tech boost

Wall Street rises on tech boost

REUTERS 2021-03-23 09:02:46

Wall Street rallied on Monday as technology stocks rebounded from a recent selloff sparked by surging bond yields and Tesla jumped after a fund run by an influential investor in the electric-car maker...

Stocks rebound after three-day big fall

Stocks rebound after three-day big fall

FE ONLINE REPORT 2021-03-22 16:14:54

Stocks rebounded on Monday, snapping a three-day panic-driven big fall, as bargain hunters showed their buying spree on sector-wise issues based on corporate declarations. The market opened on a shar...

Rising virus cases: BSEC rebuffs rumours of market closure

Rising virus cases: BSEC rebuffs rumours of market closure

FE REPORT 2021-03-22 15:28:15

Amid the sudden surge in Covid-19 infections and death in recent days in the country, the securities regulator on Monday issued a circular stating that the stock market will remain open as long as the...

Stocks slump at opening on virus worries

Stocks slump at opening on virus worries

FE ONLINE REPORT 2021-03-22 11:26:53

Stocks plunged at the opening on Monday like the previous two days as investors became worried following the sudden surge in Covid-19 infections and death in recent days. Meanwhile, unlike every debu...

Premier Bank declares 20pc dividend

Premier Bank declares 20pc dividend

FE ONLINE REPORT 2021-03-22 10:57:41

The board of directors of Premier Bank has recommended 12.50 per cent cash and 7.50 per cent stock dividends for the year ended on December 31, 2020. The board has also decided to increase authorised...