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The Financial Express

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Stocks slip into red after two-day rise

Stocks slip into red after two-day rise

FE Online Report 2021-02-11 16:31:53

The market slipped into the red on Thursday, spanning a two-day gaining streak, as investors mostly followed cautious stance. The market swung between negative and positive several times during the t...

Stocks post marginal gains at opening amid rising turnover

Stocks post marginal gains at opening amid rising turnover

FE ONLINE REPORT 2021-02-11 11:50:31

Stocks opened marginally higher on Thursday, with bargain hunters remaining active on lucrative issues, particularly on British American Tobacco following its high dividend declaration news. Within t...

BATBC declares 300pc final cash, 200pc stock dividend

BATBC declares 300pc final cash, 200pc stock dividend

FE ONLINE REPORT 2021-02-11 11:13:44

The board of directors of British American Tobacco has recommended 300 per cent final cash dividend and 200 per cent stock dividend for the year ended on December 31, 2020. However, the total cash di...

Baraka Patenga Power's IPO share bidding now begins February 22

Baraka Patenga Power's IPO share bidding now begins February 22

FE REPORT 2021-02-11 09:10:09

Baraka Patenga Power's bidding to explore the cut-off price of its shares now will begin on February 22 instead of earlier schedule for February 15 as the issuer company announced a fresh date of bidd...

Association of companies places proposals on dividend distribution to regulator

Association of companies places proposals on dividend distribution to regulator

FE REPORT 2021-02-11 09:00:11

The Bangladesh Association of Publicly Listed Companies (BAPLC) has placed a set of recommendations in response to the Bangladesh Securities and Exchange Commission's (BSEC) recent directive regarding...

BSEC launches online BO account opening system

BSEC launches online BO account opening system

FE ONLINE REPORT 2021-02-10 11:53:07

The stock market regulator inaugurated the online beneficiary owners’ (BO) account opening system, in Dubai as well as at its own office in Dhaka on Tuesday. The Bangladesh Securities and Excha...

Stocks open positive amid rising turnover

Stocks open positive amid rising turnover

FE ONLINE REPORT 2021-02-10 11:47:26

Stocks opened higher on Wednesday, maintaining the previous day’s sharp rally, as bargain hunters were active on lucrative issues. Shares of Taufika Foods and Agro Industries, which made its de...

Dubai road show urges foreigners, NRBs to invest in Bangladesh capital market

Dubai road show urges foreigners, NRBs to invest in Bangladesh capital market

FE REPORT 2021-02-10 09:01:14

Stakeholders urged the foreign investors and non-resident Bangladeshis (NRBs) to invest more in Bangladesh capital market to get a better return. They were addressing the inauguration of a four-day r...

Stocks see sharp rise at open after two-day free-fall

Stocks see sharp rise at open after two-day free-fall

FE ONLINE REPORT 2021-02-09 11:26:39

Stocks opened on higher on Tuesday, after free-fall in the past two days, as bargain hunters were active on lucrative issues. Meanwhile, a four-day long roadshow titled “Rising of Bengal Tige...

Bitcoin surges after Tesla move

Bitcoin surges after Tesla move

-- 2021-02-09 09:51:17

Major US stock indexes registered all-time closing highs on Monday amid optimism over US fiscal stimulus, and bitcoin jumped after Tesla revealed it had purchased $1.5 billion of the cryptocurrency an...

Padma Oil signs deal with two more LPG companies

Padma Oil signs deal with two more LPG companies

FE REPORT 2021-02-09 09:07:38

The state-run listed company Padma Oil Company has signed agreements with two more LPG companies - Bashundhara LP Gas and Petromax LPG-- as part of its business expansion. Under the agreement, the co...

Bangladesh's capital market road show begins in Dubai today

Bangladesh's capital market road show begins in Dubai today

FE REPORT 2021-02-09 09:04:18

A four-day long road show titled "Rising of Bengal Tiger: Potentials of Bangladesh Capital Markets", to attract foreign investors and non-resident Bangladeshis (NRBs) to the country's stock market beg...

Taufika Foods to make debut Wednesday

Taufika Foods to make debut Wednesday

FE ONLINE REPORT 2021-02-08 18:42:57

Taufika Foods & Agro Industries, which produces ice cream under the brand name “Lovello”, will make its share trading debut on bourses on Wednesday under “N” category, offi...

Stocks keep tumbling as major stocks plunge

Stocks keep tumbling as major stocks plunge

FE ONLINE REPORT 2021-02-08 16:21:45

Stocks continued to bleed for the two straight sessions on Monday as investors kept their panic sell-offs to avoid further losses. After losing roughly 143 points in the previous day, the market saw...

Stocks slide at open amid lackluster trade

Stocks slide at open amid lackluster trade

FE ONLINE REPORT 2021-02-08 11:17:07

Stocks plunged in early trading on Monday, maintaining the previous day’s sharp decline as investors kept their sell-offs on major issues. Following the previous day’s free-fall, the ke...

Padma Oil signs business deal with two more LPG cos

Padma Oil signs business deal with two more LPG cos

FE ONLINE REPORT 2021-02-08 10:40:47

The state-run listed company Padma Oil, as part of its business expansion, has signed agreements with two non-listed LPG companies - Bashundhara LP Gas and Petromax LPG. Under the agreement, the...

DSEX sinks below 5,600-mark on panic sale

DSEX sinks below 5,600-mark on panic sale

FE ONLINE REPORT 2021-02-07 16:16:04

Stocks witnessed a free-fall on Sunday, with the core index of the Dhaka Stock Exchange (DSE) sinking below 5,600-mark as investors went for panic sell-offs to avoid further losses. The market opened...

Stocks volatile as mass vaccination begins

Stocks volatile as mass vaccination begins

FE ONLINE REPORT 2021-02-07 11:44:08

Stocks witnessed volatility on Sunday morning as the nationwide mass coronavirus vaccination rolled out across the country amid a lukewarm interest from the people in getting the shots. Bangladesh be...

Listed private power companies' EPS soars in July-Dec

Listed private power companies' EPS soars in July-Dec

BABUL BARMAN 2021-02-07 10:11:40

Earnings per share (EPS) of most listed power generation companies in private sector under 'fuel & power' sector showed better performance in first half (H1) of the current financial year despite...

GameStop shares rise after Robinhood lifts trading curbs

GameStop shares rise after Robinhood lifts trading curbs

-- 2021-02-06 12:38:55

Shares of GameStop and other companies caught in the recent social media-fueled trading frenzy bounced on Friday, after online broker Robinhood lifted all the buying curbs imposed at the apex of the b...

Four out of 10 losers in last week's market are newly listed companies

Four out of 10 losers in last week's market are newly listed companies

FE REPORT 2021-02-06 09:49:34

Newly-listed companies, which rallied over the last few weeks, suffered the biggest hits in the outgoing week that ended on Thursday as four out of top ten losers were newcomers. Energypac Power Ge...

Lufthansa raises 1.6b euros to repay German govt aid

Lufthansa raises 1.6b euros to repay German govt aid

-- 2021-02-05 14:32:41

German airline Lufthansa said it had issued a 1.6 billion euro ($1.92 billion) bond on Thursday, money that will be used to repay part of a bailout given last year by state lender KfW to help it cope...

Stocks extend rally riding on major sectors

Stocks extend rally riding on major sectors

FE REPORT 2021-02-05 10:26:39

Stocks extended the winning streak for the second straight session on Thursday as bargain hunters showed their buying appetite for sector-specific large-cap issues. DSEX, the key index of the Dhaka S...

Stocks witness positive, turnover remains low

Stocks witness positive, turnover remains low

FE ONLINE REPORT 2021-02-04 12:45:26

Stocks opened on a positive note on Thursday as bargain hunters showed their appetite on sector-wise issues. Following the previous day’s marginal gain, the Dhaka Stock Exchange (DSE) and the C...

Baraka Patenga Power to invest more in electricity generation

Baraka Patenga Power to invest more in electricity generation

Babul Barman From Patenga, CTG 2021-02-04 10:01:40

The Baraka Patenga Power Limited (BPPL) will utilize part of its initial public offering (IPO) proceeds of Tk 1.44 billion (144.34 crore) to invest in two of its power generating subsidiaries on becom...

Decision to issue new TREC to new firms

Decision to issue new TREC to new firms

FE Report 2021-02-04 10:01:24

Dhaka Stock Exchange (DSE) has decided to issue new TREC (Trading Right Entitlement Certificate) for conducting trading activities in the capital market. The premier bourse on Tuesday took the decisi...

Committee assigned to probe market operators' role in share price-hike

Committee assigned to probe market operators' role in share price-hike

MOHAMMAD MUFAZZAL 2021-02-04 08:56:57

The securities regulator has formed a two-member committee on Wednesday to probe into the role of market operators behind the unusual price hike of shares of the newly-listed companies, observed in th...

GameStop shares halve

GameStop shares halve

-- 2021-02-03 11:23:32

GameStop Corp shares more than halved in value on Tuesday and silver prices retreated as the Reddit-driven trading frenzy that roiled stock and commodity markets appeared to fizzle, at least for now....

Stock market regulator to suggest 15pc gap in corporate tax

Stock market regulator to suggest 15pc gap in corporate tax

FE REPORT 2021-02-03 09:52:59

The securities regulator will suggest a 15-per cent gap in corporate tax between listed and non-listed companies in the next budget to attract more companies to the capital market. Bangladesh Secur...

IPO subscription of NRBC Bank begins today

IPO subscription of NRBC Bank begins today

FE REPORT 2021-02-03 09:06:38

The initial public offering (IPO) subscription of NRBC Bank Ltd begins today (Wednesday), aiming to raise Tk 1.20 billion through IPO under the fixed price method. The fourth generation bank is the f...