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The Financial Express

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IPO subscription of Lub-rref to begin Jan 26

IPO subscription of Lub-rref to begin Jan 26

FE ONLINE REPORT 2020-12-28 10:40:25

The IPO subscription of Lub-rref (Bangladesh) – a local lubricant manufacturer – will open January 26, aiming to raise Tk 1.50 billion under the book-building method. The subscription of...

1st auction of Bangladesh's Sukuk today

1st auction of Bangladesh's Sukuk today

FE REPORT 2020-12-28 08:48:56

The first auction for Sukuk, the Islamic Shariah-compliant bond named Bangladesh Government Islamic Investment Sukuk will be held today (Monday) creating history in the country's financial market. On...

DSEX exceeds 5,300-mark after 18 months

DSEX exceeds 5,300-mark after 18 months

-- 2020-12-27 16:31:45

The core index of the Dhaka Stock Exchange (DSE) crossed the 5,300-mark on Sunday after 18 months as investors continued to put fresh stakes on large-cap stocks amid high hopes. DSEX, the prime index...

Energypac Power to hold IPO lottery draw Jan 3

Energypac Power to hold IPO lottery draw Jan 3

FE Online Report 2020-12-27 12:35:57

Energypac Power Generation is set to hold its IPO (initial public offering) lottery draw on January 3, aiming to allocate a total about 40.30 million ordinary shares among the successful applicants....

Stocks up at opening amid growing confidence

Stocks up at opening amid growing confidence

FE ONLINE REPORT 2020-12-27 11:45:35

Stocks witnessed sharp gains in early trading on Sunday as investors put fresh stakes on stocks riding on high expectations. Meanwhile, Robi’s share continued to rise for the second trading day...

Padma Oil declares 125pc cash dividend

Padma Oil declares 125pc cash dividend

FE Online Report 2020-12-27 10:43:05

The board of directors of state-run Padma Oil Company Ltd has recommended a 125 per cent cash dividend for the year ended on June 30, 2020. The final approval of the dividend will come during the ann...

190,480 beneficiary owner accounts added in two months

190,480 beneficiary owner accounts added in two months

BABUL BARMAN 2020-12-27 10:03:06

The number of new beneficiary owner (BO) accounts continued to rise as the stock market is showing a signs of stability after the latest market debacle in 2010-2011. Market operators attributed the...

Sustainable capital market within six months, says BSEC chief

Sustainable capital market within six months, says BSEC chief

FE ONLINE REPORT 2020-12-24 22:08:33

Bangladesh Securities and Exchange Commission (BSEC) Chairman Prof Shibli Rubayat Ul Islam expressed his firm optimism to get a sustainable capital market within the next six months. “Many evil...

Shares jump as Robi makes flying debut

Shares jump as Robi makes flying debut

FE ONLINE REPORT 2020-12-24 16:18:10

Stocks witnessed a big jump on Thursday, with turnover crossing Tk 14 billion-mark on the major bourse after more than four-month, as investors put fresh stakes on stocks amid expectations. DSEX, the...

Stocks open higher as Robi makes flying debut

Stocks open higher as Robi makes flying debut

FE ONLINE REPORT 2020-12-24 11:02:05

Stocks witnessed an upward trend in early trading on Thursday as Robi, the biggest-ever issue made a flying trading debut. Robi is the largest public offering in the history of Bangladesh's capital m...

Meghna Petroleum declares 150pc cash dividend

Meghna Petroleum declares 150pc cash dividend

FE ONLINE REPORT 2020-12-24 10:53:06

The board of directors of Meghna Petroleum has recommended a 150 per cent cash dividend for the year ended on June 30, 2020. The final approval will come during the annual general meeting scheduled t...

Bangladesh issues Sukuk Monday to raise Tk 80b

Bangladesh issues Sukuk Monday to raise Tk 80b

JASIM UDDIN HAROON 2020-12-24 09:01:32

Sukuk, the Islamic Shariah-compliant bond, will be issued on Monday, marking the history in the country's financial market. The Bangladesh Government Islamic Investment Sukuk worth Tk 40 billion will...

Walton approves 200pc cash dividend

Walton approves 200pc cash dividend

-- 2020-12-23 20:42:30

Walton Hi-Tech Industries Limited has approved 200 per cent cash dividend for the general shareholders and 75 per cent cash dividend for sponsors and directors for the financial year 2019-2020. ...

DSE daily turnover exceeds Tk 12b-mark

DSE daily turnover exceeds Tk 12b-mark

FE Online Report 2020-12-23 16:44:52

Stocks rebounded strongly on Wednesday, with a turnover crossing Tk 12 billion-mark on the major bourse after four-month, as bargain hunters put fresh stakes on stocks amid optimism. DSEX, the prim...

Stocks witness mixed trend amid volatility

Stocks witness mixed trend amid volatility

FE ONLINE REPORT 2020-12-23 10:52:04

Stocks witnessed mixed trend in early trading on Wednesday with choppy trading as investors mostly followed cautious and waited for debut of the largest ever issue Robi. Following the previous day&rs...

Sukuk bond to be issued by December 30

Sukuk bond to be issued by December 30

-- 2020-12-22 21:51:36

Sukuk, a sharia-compliant bond-like instruments used in Islamic finance, would be issued in the country by December 30 this year. The Finance Division and the Bangladesh Bank on Tuesday signed an agr...

CSE revises Shariah Index with effect from Dec 30

CSE revises Shariah Index with effect from Dec 30

FE Online Report 2020-12-22 17:13:25

The Chittagong Stock Exchange (CSE) has revised its Shariah Index on the basis of performance of the CSE listed companies. The new index will be effective from December 30. The CSE Shariah Index is r...

Stocks back to red after single-day break

Stocks back to red after single-day break

FE ONLINE REPORT 2020-12-22 16:04:33

Stocks returned to the red on Tuesday, after a single-day break, as many investors freed funds to participate in the upcoming IPOs while some were waiting for the debut of the largest ever issue Robi....

Stocks post marginal fall in early trading

Stocks post marginal fall in early trading

FE ONLINE REPORT 2020-12-22 11:41:56

Stocks posted a marginal decline in the early trading on Tuesday as investors followed a cautious stance ahead of the trading debut of the country's largest-ever issue Robi. Following the previous da...

Robi makes shares trading debut on Thursday

Robi makes shares trading debut on Thursday

FE ONLINE REPORT 2020-12-21 16:46:12

Robi Axiata, the largest ever IPO in Bangladesh’s capital market history, will make its shares trading debut from December 24 (Thursday) under “N” category. Thousands of investors a...

Bourses witness upward trend after three-day selloff

Bourses witness upward trend after three-day selloff

FE ONLINE REPORT 2020-12-21 11:05:36

Stocks witnessed an upward trend in early trading on Monday as bargain hunters were active on sector-wise issues after the recent price correction. Following the previous three days’ correction...

Exim Bank to issue Tk 5.0b mudaraba subordinated bond

Exim Bank to issue Tk 5.0b mudaraba subordinated bond

FE ONLINE REPORT 2020-12-21 10:36:11

The board of directors of Exim Bank Ltd has decided to issue mudaraba subordinated bond (4th Issue) of Tk 5.0 billion, said an official disclosure on Monday. The bank will issue the bond as a proce...

Stocks keep losing for third straight day

Stocks keep losing for third straight day

FE Online Report 2020-12-20 17:11:50

Stocks extended the losing streak for the three consecutive sessions on Sunday as risk-averse investors continued to book profit on major sectors stocks. DSEX, the key index of the Dhaka Stock Exchan...

Crystal Insurance to make debut tomorrow

Crystal Insurance to make debut tomorrow

FE ONLINE REPORT 2020-12-20 13:41:26

Crystal Insurance Company will make its shares trading debut tomorrow (Monday) on the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange under the ‘N’ category. The DSE trading code...

National Polymer’s rights subscription to begin Jan 24

National Polymer’s rights subscription to begin Jan 24

FE Online Report 2020-12-20 11:58:47

Rights shares subscription of National Polymer Industries is set to begin on January 24, 2021, aiming to raise Tk 547.38 million through rights issuance. The subscription period for the company&rsquo...

Subscription of Taufika Agro, eGeneration IPOs to begin next month

Subscription of Taufika Agro, eGeneration IPOs to begin next month

FE REPORT 2020-12-20 11:40:04

The initial public offering (IPO) subscriptions of two companies - Taufika Foods& Agro Industries and eGeneration - will open next month to raise Tk 450 million under the fixed price method. Tauf...

Treasury yields plunge, dealers accept lower rates

Treasury yields plunge, dealers accept lower rates

FE REPORT 2020-12-20 11:29:17

The treasury yields have fallen sharply in recent months, lowered by adequate liquidity in the money market. The yield on the 91-day bill went down from 6.5 per cent (annualised) in June to 0.65 per...

Stocks witness mixed trend in early trading

Stocks witness mixed trend in early trading

FE ONLINE REPORT 2020-12-20 10:58:07

Stocks witnessed mixed trends in early trading on Sunday as cautious investors continued their profit booking tendency on sector-wise quick-gaining stocks. Following the previous two days’ down...

IPO market vibrant in yet a pandemic year

IPO market vibrant in yet a pandemic year

Jasim Uddin Haroon and Babul Barman 2020-12-20 08:55:08

Private companies have offloaded primary shares worth Tk 9.62 billion in the outgoing year, the highest amount in last six years, amid Covid-induced sluggish economic activities. With the latest on...

Fundraising thru rights issues plunges to five-year low

Fundraising thru rights issues plunges to five-year low

BABUL BARMAN 2020-12-18 10:07:50

Fundraising by the listed companies by way of rights issues fell sharply in the outgoing calendar year, hitting a five-year low. Only one listed firm -- Pragati Life Insurance -- netted about Tk 230....