Search results for: Stock

Stocks tumble as China's COVID protests roil sentiment

REUTERS 2022-11-28 13:16:39

Stocks and commodities prices slid sharply on Monday as rare protests in major Chinese cities against the country's strict zero-COVID curbs raised investors' concerns about the growth implications for...

Too many issue managers chase too few IPOs

Mohammad Mufazzal 2022-11-28 09:03:26

It was 2016 when Swadesh Investment Management last performed as an issue manager while bringing out the initial public offering of Dragon Sweater and Spinning Limited. A fine of Tk 5 million has rec...

Foreign funds leave depressed stocks for gains elsewhere

Mohammad Mufazzal 2022-11-27 08:57:20

Foreign investors' sales volumes have been much higher than buy volumes in the stock market in the six months through September, indicating their intention to pull out of the market. The depreciation...

Stocks fall as bear tightens its grip

FE REPORT 2022-11-26 09:06:17

Investors' participation kept declining in the outgoing week, driving down the benchmark equities index for a third week as growing concerns about current economic climate and limited scope of liquida...

Ten most-traded cos account for 40pc of DSE turnover

FE REPORT 2022-11-26 09:05:01

Ten most-traded companies accounted for nearly 40 per cent of transactions on the Dhaka Stock Exchange (DSE) this week, with Genex Infosys making it to the top of the chart. During the week, these 10...

SME board's investment rules: A conundrum

BABUL BARMAN 2022-11-25 09:15:47

The Small Capital Platform Index -- DSMEX -- plummeted 40 per cent or 898 points to 1,346 over the three months to November 23 after the securities regulator had revised the minimum investment to Tk 3...

Auditor casts doubts on Beach Hatchery’s asset disclosure

FE REPORT 2022-11-25 09:13:19

The auditor of Beach Hatchery has casted doubts on the fair value of the factory building and hatchery equipment as these were dismantled by the government to construct marine drive. The auditor laid...

KDS Accessories holds AGM

Our Correspondent 2022-11-25 09:09:00

CHATTOGRAM: The 31st Annual General Meeting (AGM) of KDS Accessories Limited was held on a virtual platform on Thursday. The AGM approved the highest dividend since its IPO at the rate of 16 per cent...

Pre-opening session to disappear in another move to keep stocks up

FE REPORT 2022-11-24 09:37:01

The securities regulator ordered removal of the five-minute pre-opening session from today (Thursday) to shun any negative impression on investors, created by daunting selling pressure during the time...

Unexpected gain at unexpected time: Square Pharma stays ahead of peers

Mohammad Mufazzal 2022-11-23 08:57:36

Square Pharmaceuticals has yet again proved its dominance in the industry and business acumen. Just like many other pharma and non-pharma companies, it has experienced a significant rise in administr...

Stocks open positive, turnover remains low

FE ONLINE REPORT 2022-11-22 11:27:53

Stocks opened martially higher on Tuesday after the key index hitting three-month low on the previous day as bargain hunters showed buying interest in lucrative issues. Following the previous two day...

Jamuna Bank to establish exchange house in Spain

FE REPORT 2022-11-22 09:06:35

Jamuna Bank Ltd will establish an exchange house in Spain to bring foreign remittance to Bangladesh through the banking channel. The listed lender has received approval from the Bangladesh Bank to th...

SIBL aims to join leading Islami banks in next two years

JUBAIR HASAN 2022-11-22 09:03:29

Social Islami Bank Limited (SIBL) aspires to become one of the three leading Islami banks in the country by the next couple of years, with a greater focus on technological development. To reach the t...

DSE to elect two new shareholder directors

FE REPORT 2022-11-22 09:02:21

The Dhaka Stock Exchange (DSE) will hold an election to two posts of shareholder director on December 22, as the three-year tenure of two directors will expire this year in line with the demutualisati...

DSEX slips below 6200-mark at open

FE ONLINE REPORT 2022-11-21 11:21:35

Stocks opened lower on Monday, with the key index of the prime bourse dipping below the 6200-mark, as the recent dismal earnings disclosures and looming economic uncertainties eroded investors' confid...

Energy sector faces bleak prospect of escaping spell of declines

BABUL BARMAN 2022-11-21 09:02:32

The operations of fuel and power companies depend entirely on imports, and so when taka loses its value against dollar, pricier fuel in the global market gets even pricier, pushing several listed comp...

ICB EPS plunges 63pc in Q1

FE Report 2022-11-21 09:00:36

The state-run Investment Corporation of Bangladesh (ICB) saw a steep fall in earnings per share (EPS) for July-September (Q1) 2022, compared to the same quarter of the previous year. For the Q1 202...

ABG strikes deal with CSE on strategic partnership

FE REPORT 2022-11-21 08:40:29

ABG Ltd., a sister concern of Bashundhara Group, is set to become a key strategic partner of the Chittagong Stock Exchange (CSE) by acquiring 25-per cent stake of the bourse. A partnership deal was s...

Gloomy business climate discourages companies to go public

Mohammad Mufazzal 2022-11-20 08:56:29

Initial public offering is a means to raise capital from public investors for the expansion of a business. But when companies are making less money, battered by inflation and other global worries, any...

Capital market growth needs more foreign investments: BSEC

FE Report 2022-11-20 08:54:46

Sustainable development of the capital market is possible if risks are minimized through investment literacy and foreign investors are attracted, said the securities regulator. "Foreign investments w...

Weekly market review: Stocks lose more ground amid sour sentiment

BABUL BARMAN 2022-11-19 09:07:07

Stocks witnessed yet another downbeat week, with the benchmark index plunging deeper into the red as investors, reeling from market turbulence, raced to sell off their holdings to avoid further erosio...

Islami Commercial Ins IPO opens tomorrow

FE REPORT 2022-11-19 09:05:32

The initial public offering (IPO) of Islami Commercial Insurance Company will open for subscription tomorrow (Sunday), aiming to raise over Tk 202.61 million from the capital market under fixed-price...

IPDC Finance and Premier Bank to raise funds through bonds

FE REPORT 2022-11-18 10:02:17

IPDC Finance and Premier Bank will raise Tk 1.50 billion and Tk 6.0 billion respectively by issuing subordinate bonds to strengthen their capital base and facilitate future growth. Bangladesh Secur...

Sonali Aansh to give 100pc stock dividend to meet regulatory obligation

FE REPORT 2022-11-18 09:54:15

Sonali Aansh Industries has declared a 100 per cent stock dividend for the fiscal 2021-22, the highest since its listing with the stock market, to expand its paid-up capital, a requirement set by the...

Here is how and why investors are crowding into open-end MFs

MOHAMMAD MUFAZZAL 2022-11-18 09:43:02

The 2010 capital market crash dragged the mutual fund sector into a dark abyss, but it started coming into light with the help of open-end MFs four years ago attracting new investments. Fund managers...

Global Islami Bank's debut loses steam as investors shun risks in depressed market

FE REPORT 2022-11-17 09:06:27

The debut trading of Global Islami Bank failed to draw in investors in an already depressed capital market, sending the message yet again that any newcomer will bear the shadow of pessimism rooted in...

Asian stocks shaken by blast in Poland; dollar gains

REUTERS 2022-11-16 12:02:30

Asian stocks dropped and the dollar gained on Wednesday after a blast in Poland that Ukraine and Polish authorities said was caused by a Russian-made missile. Worries over a potential ratcheting up o...

Stocks down at opening amid confidence crisis 

FE ONLINE REPORT 2022-11-16 11:17:41

Stocks opened lower on Wednesday as the recent dismal earnings disclosures and looming economic uncertainties eroded confidence of investors. Following the previous three days’ fall, DSEX, the...

Summit Power's profit plummets on fuel price hike, foreign exchange loss

BABUL BARMAN 2022-11-16 08:56:34

Summit Power, the country's largest private sector power producer, has reported a 21 per cent fall year-on-year in earnings per share in the first quarter of the current fiscal year mainly due to fore...

Square Pharma sees low profit, weighed down by higher operating expenses

FE REPORT 2022-11-16 08:55:11

Square Pharmaceuticals' profit grew marginally at 9.93 per cent year-on-year for the first quarter of FY23, held low by a significant rise in operating expenses. The company reported that its conso...