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The Financial Express

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Desh Insurance publishes IPO lottery results

Desh Insurance publishes IPO lottery results

FE REPORT 2021-03-11 10:11:29

Desh General Insurance will allocate 16 million ordinary shares among the successful applicants as the company's IPO lottery draw was held Wednesday. The initial public offering (IPO) lottery event...

Securities regulator for introducing e-voting system

Securities regulator for introducing e-voting system

FE Report 2021-03-11 10:09:33

The securities regulator has asked the listed companies to introduce e-voting system apart from existing physical system of casting votes by the shareholders at general meetings. To this effect, th...

Stocks post marginally lower for second straight session on Wednesday

Stocks post marginally lower for second straight session on Wednesday

FE ONLINE REPORT 2021-03-10 16:31:03

Stocks posted marginally lower for the second straight session on Wednesday as risk-averse investors opted for booking profits on quick-gaining stocks. DSEX, the prime index of the Dhaka Stock Exchan...

Tesla lifts off, rockets toward best day since 2013

Tesla lifts off, rockets toward best day since 2013

-- 2021-03-10 13:42:46

Shares of electric vehicle maker Tesla Inc surged nearly 20 per cent on Tuesday, rebounding from a deep selloff with its largest daily gain in a year after data showed an increase in China sales and a...

Stocks fall marginally at opening

Stocks fall marginally at opening

FE ONLINE REPORT 2021-03-10 12:07:05

Stocks witnessed a downward trend in early trading on Wednesday as risk-averse investors opted for booking profits on the quick-gaining stocks. Following the previous day’s marginal correction,...

GameStop shares soar more than 20pc

GameStop shares soar more than 20pc

-- 2021-03-10 11:43:09

Shares of GameStop jumped on Tuesday for the fifth straight day, as the meme stock rally that began earlier this year got more juice on news about the video game retailer’s e-commerce strategy a...

IPO quota for general investors to be enhanced

IPO quota for general investors to be enhanced

FE Report 2021-03-10 09:31:44

The securities regulator is set to enhance the IPO quota for general investors aiming to facilitate their greater access to such facility. To this effect, the Bangladesh Securities and Exchange Commi...

Stock market regulator, central bank parley on March 15

Stock market regulator, central bank parley on March 15

FE REPORT 2021-03-10 09:29:28

The securities regulator will hold a meeting with a delegation of the Bangladesh Bank (BB) on March 15 to ensure more coordination between the regulatory bodies for the sake of the capital market. Th...

Stocks slip into red on Tuesday snapping three-day winning streak

Stocks slip into red on Tuesday snapping three-day winning streak

FE ONLINE REPORT 2021-03-09 16:09:09

Stocks slipped into the red on Tuesday, snapping a three-day winning streak, as risk-averse investors opted for booking profits on quick-gaining stocks. The market moved between positive and negative...

Golden Harvest to enter fast growing E-commerce business

Golden Harvest to enter fast growing E-commerce business

FE ONLINE REPORT 2021-03-09 11:32:36

The board of directors of Golden Harvest Agro Industries, a listed company in the stock market, has decided to invest in the fast-growing E-commerce sector. Under the E-commerce sector business, Gold...

Stocks down marginally at opening

Stocks down marginally at opening

FE ONLINE REPORT 2021-03-09 11:24:29

Stocks witnessed a downward trend in early trading on Tuesday as risk-averse investors opted for booking profits on the quick-gaining stocks. However, Lub-rref (Bangladesh), a local lubricant produce...

Tesla loses more than $244b in a month

Tesla loses more than $244b in a month

-- 2021-03-09 10:21:45

Shares of Tesla Inc closed lower for a fifth consecutive session on Monday, caught in a tech-led selloff that has wiped more than $277 billion off the company’s market value over the last month....

Lub-rref's profit climbs 13pc in July-December

Lub-rref's profit climbs 13pc in July-December

FE REPORT 2021-03-09 09:09:09

Lub-rref (Bangladesh), a local lubricant producer, posted higher profits for the July-December period of 2020 just before its debut on the stock market. Lub-rref logged profits of Tk 86.61 million fo...

Proactive move for listing good companies emphasised

Proactive move for listing good companies emphasised

FE REPORT 2021-03-09 08:56:53

The securities regulator has asked the merchant bankers to play a proactive role to ensure listing of more companies with good fundamentals to enhance depth of the country's capital market. The regul...

DSEX exceeds 5,600-mark after one month

DSEX exceeds 5,600-mark after one month

FE ONLINE REPORT 2021-03-08 15:57:11

The benchmark index of the Dhaka Stock Exchange (DSE) crossed the ‘psychological’ threshold of 5,600-mark on Monday after a month as the market ended higher for the third straight session....

DSEX exceeds 5,600-mark at opening

DSEX exceeds 5,600-mark at opening

FE ONLINE REPORT 2021-03-08 11:40:51

Stocks opened higher on Monday with the key index crossing the 5600-mark in the early trading as optimistic investors continued their appetite on sector-wise large-cap issues. Within the first hour...

Stocks end higher with soaring trading activities

Stocks end higher with soaring trading activities

FE ONLINE REPORT 2021-03-07 16:14:16

Stocks ended higher on Sunday with soaring trading activities as optimistic investors showed their buying interest on lucrative issues. Following the previous week’s recovery trend, the market...

Stocks soar at opening amid rising turnover

Stocks soar at opening amid rising turnover

FE ONLINE REPORT 2021-03-07 12:18:24

Stocks opened higher on Sunday amid rising trading activities as optimistic investors showed their appetite on sector-wise large-cap issues. Within the first hour into trade, DSEX advanced more than...

Lub-rref makes trading debut Tuesday

Lub-rref makes trading debut Tuesday

FE Online Report 2021-03-07 11:32:59

Lub-rref (Bangladesh), a local lubricant producer, will make its shares trading debut on the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) on Tuesday (March 9) under “N”...

10 companies capture 53.15pc of total market transaction

10 companies capture 53.15pc of total market transaction

FE REPORT 2021-03-07 09:01:04

Top 10 turnover leaders grabbed 53.15 per cent of total market transaction featured by the Dhaka Stock Exchange (DSE) in last the week. According to DSE information, top 10 companies featured an aggr...

Bangladesh regulator unlikely to stop issuing IPOs despite sluggish market

Bangladesh regulator unlikely to stop issuing IPOs despite sluggish market

MOHAMMAD MUFAZZAL 2021-03-07 08:51:37

The securities regulator is unlikely to put off the process of bringing new IPOs (initial public offerings) in the capital market amid the recent trend of poor transactions. One of the commissioners...

eGeneration's price climbs almost 300pc in eight days

eGeneration's price climbs almost 300pc in eight days

FE REPORT 2021-03-06 08:42:45

Share price of eGeneration, one of the leading IT consulting & software solutions companies, soared 294 per cent in the eight trading days after debut. Shares of eGeneration, which raised Tk 150...

Asian shares come off one-month lows

Asian shares come off one-month lows

REUTERS 2021-03-05 14:10:38

A late rally in Chinese shares on Friday helped pull Asian stocks off one-month lows as investors picked bargains while attention shifted to US non-farm payrolls due later in the day. E-Mini futures...

Stock market tribunal didn't have a single case to deal with in past three years

Stock market tribunal didn't have a single case to deal with in past three years

Mohammad Mufazzal 2021-03-05 10:39:29

A special tribunal created only to deal with stock market-related cases is having an idle time since it does not have any work to do, according to tribunal sources. The situation has been more or les...

Pubali Bank to raise Tk 5.0b through perpetual bonds

Pubali Bank to raise Tk 5.0b through perpetual bonds

FE ONLINE REPORT 2021-03-04 12:47:39

The board of directors of Pubali Bank Ltd has decided to raise Tk 5.0 billion through the issuance of perpetual bonds to strengthen the additional tier-1 capital base. The bank will issue the bond fo...

Stocks open marginally higher in choppy trading

Stocks open marginally higher in choppy trading

FE ONLINE REPORT 2021-03-04 11:22:26

Stocks opened on a positive trend on Thursday as bargain hunters were active on sector-wise issues. Within the first hour into trade, DSEX advanced more than 24 points while the CSE All Share Price I...

Alphabet-backed Oscar Health valued at $7.09b in lacklustre debut

Alphabet-backed Oscar Health valued at $7.09b in lacklustre debut

-- 2021-03-04 11:13:52

Shares of Oscar Health fell more than 7 per cent in their stock market debut on Wednesday, fetching a valuation of just over $7 billion for the health insurance start-up backed by Google parent Alphab...

Tax receipts from Dhaka Stock Exchange double in 8 months

Tax receipts from Dhaka Stock Exchange double in 8 months

Babul Barman 2021-03-04 10:19:36

The government's revenue earnings from the prime bourse marked a whopping 101 per cent rise in the first eight months of the current fiscal year (FY) compared to the same period of the previous fiscal...

Stocks edge down after volatile trading

Stocks edge down after volatile trading

FE ONLINE REPORT 2021-03-03 16:38:11

The market slipped into the red on Wednesday, after a sharp rise in the previous day, as risk-averse investors opted for booking profits on quick-gaining stocks. Following the previous day’s sh...

Beximco to issue Tk 30b Sukuk to expand business

Beximco to issue Tk 30b Sukuk to expand business

FE ONLINE REPORT 2021-03-03 12:51:21

The board of directors of Beximco Ltd has decided to issue the first-ever private sector asset-backed Islamic Shariah compliant Sukuk Al Istisna for Tk 30 billion. This will be the largest ever issua...