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The Financial Express

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Stocks end mostly flat after volatile trading

Stocks end mostly flat after volatile trading

FE ONLINE REPORT 2020-10-14 16:11:19

Stocks ended almost flat on Wednesday after choppy trading as investors were active on both sides of the trading fence. Following the previous day’s gain, the market opened higher and the key i...

KDS Accessories to invest Tk 144.50m for automation

KDS Accessories to invest Tk 144.50m for automation

FE ONLINE REPORT 2020-10-14 11:47:04

The board of directors of KDS Accessories Ltd has decided to invest Tk 144.50 million (estimated) for finishing line automation. The said amount will be used for procuring machineries and civil const...

Stocks post modest gain at opening amid low turnover

Stocks post modest gain at opening amid low turnover

FE ONLINE REPORT 2020-10-14 11:02:27

Stocks posted a marginal gain in early trading on Wednesday as investors showed their buying appetite on sector-specific issues. Following the previous day’s positive trend, the Dhaka Stock Exc...

GPH Ispat to export MS billet to China

GPH Ispat to export MS billet to China

FE ONLINE REPORT 2020-10-13 19:49:58

The board of directors of GPH Ispat Ltd has decided to enter into a contract for export of 25,000 metric tonnes MS billet to China. The contract value of the said export is about $10,175,000. This e...

Stocks return to green after three days

Stocks return to green after three days

FE ONLINE REPORT 2020-10-13 16:12:20

Stocks returned to the green on Tuesday, after remaining down in the past three trading sessions, as optimistic investors showed their buying appetite on sector-specific issues. DSEX, the prime index...

Asian shares recoup early losses, buoyed by Chinese trade data

Asian shares recoup early losses, buoyed by Chinese trade data

REUTERS 2020-10-13 15:44:06

Asian stock markets steadied on Tuesday after Chinese trade data underscored the country’s economic recovery, while fresh optimism about US stimulus is likely to keep global investor sentiment e...

Envoy Textile recommends 5.0pc cash dividend

Envoy Textile recommends 5.0pc cash dividend

FE ONLINE REPORT 2020-10-13 10:48:08

The board of directors of Envoy Textile has recommended 5.0 per cent cash dividend for the year ended on June 30, 2020. The final approval of dividend will come during the Annual General Meeting (AGM...

Unilever UK shareholders back unification plan

Unilever UK shareholders back unification plan

Reuters 2020-10-13 10:30:23

Shareholders in Unilever Plc have approved the company's plan to end its 90-year-old dual-headed structure in favour of a single London-based entity, the Anglo-Dutch consumer goods company said o...

Olympic Industries to import brand new machinery worth Tk 49.26m

Olympic Industries to import brand new machinery worth Tk 49.26m

FE ONLINE REPORT 2020-10-12 17:58:55

The board of directors of Olympic Industries has decided to import a brand new complete set of machinery, equipment and spares from China at an estimated total cost of US$ 579,600 equivalent around Tk...

Stocks extend losses with major stocks tumbling

Stocks extend losses with major stocks tumbling

FE ONLINE REPORT 2020-10-12 16:10:17

Stocks witnessed yet another bearish session on Monday, as shaky investors continued their sell-offs on major sectors issues fearing a further fall in prices. DSEX, the prime index of the Dhaka Stock...

Stocks open down amid low turnover

Stocks open down amid low turnover

FE ONLINE REPORT 2020-10-12 11:06:49

Stocks witnessed a downward trend in early trading on Monday as shaky investors continued their selling binge on sector-wise issues amid the earning disclosure session. Following the previous day&rsq...

BD Finance to launch innovative products

BD Finance to launch innovative products

Ismail Hossain 2020-10-12 09:52:31

Bangladesh Finance and Investment Company Ltd or BD Finance is planning to introduce innovative and customised lending and deposit options to pull together NBFI-designed funding and lending base, top...

Crystal Insurance’s IPO subscription begins Nov 10

Crystal Insurance’s IPO subscription begins Nov 10

FE ONLINE REPORT 2020-10-12 09:46:18

The initial public offering (IPO) subscription of Crystal Insurance Company Ltd is set to open on November 10, aiming to raise Tk 160 million from the capital market. The IPO subscription for shares...

Mir Akhter’s cut-off price set at Tk 60

Mir Akhter’s cut-off price set at Tk 60

FE Online Report 2020-10-11 16:50:17

The cut-off price of shares of Mir Akhter Hossain Ltd, a construction company, has been fixed at Tk 60 each through electronic bidding by eligible investors. As per the book-building method, eligible...

DSEX dips below 4,900-mark on selling spree

DSEX dips below 4,900-mark on selling spree

FE ONLINE REPORT 2020-10-11 16:09:38

Stocks tumbled on Sunday as the risk-averse investors went on heavy sell-offs on major sectors, fearing further fall of stock prices. DSEX, the prime index of the Dhaka Stock Exchange (DSE), went dow...

MI Cement postpones expansion plan due to pandemic

MI Cement postpones expansion plan due to pandemic

FE ONLINE REPORT 2020-10-11 11:55:03

The MI Cement Factory Limited, the owning entity of popular brand Crown Cement, has postponed expansion plans of its sixth manufacturing unit due to Covid-19 as well as the financing arrangement. Bot...

Stocks open week lower

Stocks open week lower

FE ONLINE REPORT 2020-10-11 10:57:52

Stocks witnessed a downward trend in early trading on Sunday as investors mostly followed a cautious stance amid the ongoing corporate declaration session. Following the previous week’s downwar...

MNCs witness moderate fall in stock prices

MNCs witness moderate fall in stock prices

FE Report 2020-10-11 10:40:59

Most of the listed multinational companies (MNCs) lost prices moderately along with featuring lower turnover in last week following investors' less participation. The companies' share prices declined...

BSEC to allow small town trading booths

BSEC to allow small town trading booths

FE REPORT 2020-10-11 10:18:14

The securities regulator is set to allow stock brokers to open trading outlets in different areas of the country to reach the capital market to the people's doorsteps. As part of the move, the Bang...

China's Ant IPO creates retail frenzy

China's Ant IPO creates retail frenzy

REUTERS 2020-10-09 13:09:01

Five newly launched Chinese funds targetting Ant Group’s upcoming mega stock listing raised 60 billion yuan ($8.93 billion) cumulatively from more than 10 million retail investors, selling out w...

Market experts suggest investment plan based on financial literacy

Market experts suggest investment plan based on financial literacy

FE Report 2020-10-09 10:01:16

Investors need to make prudent decisions based on financial literacy to get higher returns on their investments in the capital market, experts said at a webinar on Thursday. They also urged the inves...

Siddiqur Rahman new DSE shareholder-director 

Siddiqur Rahman new DSE shareholder-director 

FE ONLINE REPORT 2020-10-08 20:06:51

Md. Siddiqur Rahman, chairman of Sterling Stocks & Securities, has been appointed as new shareholder director of the Dhaka Stock Exchange (DSE). The board of directors of the DSE selected Mr Sidd...

Stocks slip back into red as World Bank growth forecast prompts selling spree

Stocks slip back into red as World Bank growth forecast prompts selling spree

FE ONLINE REPORT 2020-10-08 16:04:49

Stocks slipped into the red on Thursday, after a single-day break, as shaky investors went on a selling binge on major sectors issues. Markets opened on an upbeat note and the key index of the major...

BSEC fines Prime Islami Life sponsor for breach of rules

BSEC fines Prime Islami Life sponsor for breach of rules

FE ONLINE REPORT 2020-10-08 11:50:54

The securities regulator has fine fined a sponsor shareholder of Prime Islami Life Insurance Tk 40 million for selling shares in breach of rules. The Bangladesh Securities and Exchange Commission (BS...

Marico Bangladesh to invest Tk 2.27b in capacity expansion

Marico Bangladesh to invest Tk 2.27b in capacity expansion

FE ONLINE REPORT 2020-10-08 11:43:09

The board of directors of Marico Bangladesh Ltd has decided a phase-wise investment of Tk 2.27 billion for the purpose of increasing manufacturing capacity. Marico, one of the listed multinational co...

Bourses open higher on corporate declarations

Bourses open higher on corporate declarations

FE ONLINE REPORT 2020-10-08 11:13:04

Stocks witnessed a positive trend in early trading on Thursday as bargain hunters continued their buying interest on sector-wise issues amid expectations. Following the previous day’s slight ga...

Summit Power recommends 20pc final cash dividend

Summit Power recommends 20pc final cash dividend

FE Online Report 2020-10-08 10:14:06

The board of directors of Summit Power Ltd has recommended a 20 per cent final cash dividend for the year ended on June 30, 2020. The company’s total cash dividend will be 35 per cent for the f...

BSEC to hire int'l consultant on IT

BSEC to hire int'l consultant on IT

FE Online Desk 2020-10-08 00:10:19

Experts in a webinar on Wednesday put thrust on digitising the stock market trading for the greater interest of the investors. They said technology is important for three reasons: it speeds up the wo...

Maroof Matin's expiry an irreparable loss for financial sector

Maroof Matin's expiry an irreparable loss for financial sector

-- 2020-10-07 20:33:33

Venture Capital and Private Equity Association of Bangladesh (VCPEAB) and Capital Market Journalists’ Forum (CMJF) expressed their heartfelt sorrow by hosting a virtual ceremony commemorating Wa...

Stocks manage modest gain after two-day slump

Stocks manage modest gain after two-day slump

FE ONLINE REPORT 2020-10-07 16:02:06

Stocks posted a modest gain on Wednesday, snapping a two-day losing streak, as bargain hunters went on buying binge on lucrative issues. DSEX, the prime index of the Dhaka Stock Exchange (DSE), went...