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Stocks extend rally to hit new highs

Stocks extend rally to hit new highs

FE ONLINE REPORT 2021-08-23 16:33:13

Stocks extended the rally on Monday as all three indices and market capitalisation of the Dhaka Stock Exchange (DSE) set at new highs. The market opened higher in the morning and the key index of the...

Rupali Life declares 13pc cash, 2.0pc stock dividend

Rupali Life declares 13pc cash, 2.0pc stock dividend

FE ONLINE REPORT 2021-08-23 11:16:21

The board of directors of Rupali Life Insurance Company has recommended 13 per cent cash and 2.0 per cent stock dividend for the year ended on December 31, 2020. The final approval of the dividend is...

Stocks open on upbeat note amid high optimism

Stocks open on upbeat note amid high optimism

FE ONLINE REPORT 2021-08-23 10:50:42

Stocks opened on an upbeat note on Monday as the buoyant investors are putting fresh bets on stocks amid high expectations. After crossing the key index 6800-mark in the previous day, the market op...

IFAD Autos to invest Tk 800m

IFAD Autos to invest Tk 800m

FE REPORT 2021-08-23 09:59:03

IFAD Autos, a listed company, has decided to invest Tk 800 million to acquire 40 per cent shares of the IFAD Multi products, one of the sister concerns of IFAD Group, having a common management. Th...

First board of Capital Market Stabilisation Fund gets regulator's nod

First board of Capital Market Stabilisation Fund gets regulator's nod

FE REPORT 2021-08-23 08:26:49

The securities regulator approved the first board of governors of the much-expected Capital Market Stabilisation Fund (CMSF), paving the way for hedging bourse operations against volatility. The appr...

BB, BIDA run parallel to guide equity investment abroad

BB, BIDA run parallel to guide equity investment abroad

SYFUL ISLAM 2021-08-23 08:23:31

Two regulatory bodies run parallel preparing separate guidelines on equity investment abroad by Bangladeshi businesses, raising concern about possible clash of authority, sources said. Both the Bangl...

3.0m marginalised people taking services from agent banking outlets

3.0m marginalised people taking services from agent banking outlets

-- 2021-08-22 19:02:51

Agent banking has gained popularity among the people in remote areas of the country and, as of July this year, around 3 million marginalised people are taking banking services from the agent outlets....

DSEX exceeds 6,800-mark to hit new high

DSEX exceeds 6,800-mark to hit new high

FE ONLINE REPORT 2021-08-22 17:34:16

Stocks rebounded strongly with the prime index of the Dhaka Stock (DSEX) surpassing the 6,800-mark on Sunday, for the first time after the index was introduced more than eight years back in 2013. DSE...

Stocks soar at opening after two-day correction

Stocks soar at opening after two-day correction

FE ONLINE REPORT 2021-08-22 10:55:00

Stocks opened on an upbeat note on Sunday, after two-day mild corrections, as bargain hunters showed their buying interest on sector-wise issues. DSEX, the prime index of the Dhaka Stock Exchange (...

Top 10 companies snare 22.36pc of Dhaka stock turnover

Top 10 companies snare 22.36pc of Dhaka stock turnover

FE REPORT 2021-08-22 09:54:41

The top 10 companies grabbed 22.36 per cent of the turnover posted by the Dhaka Stock Exchange (DSE) in last week. Riding on investors' increased participation, the companies featured turnovers ran...

FBCCI for widening scope of outward FDI

FBCCI for widening scope of outward FDI

FE ONLINE REPORT 2021-08-22 08:19:16

The country’s apex trade body has suggested that the government should extend the scope of investment abroad by Bangladeshi-origin firms and companies. In this connection, Federation of Banglad...

Bangladesh, Australia going to strike TIFA deal

Bangladesh, Australia going to strike TIFA deal

SYFUL ISLAM 2021-08-20 09:41:44

Bangladesh and Australia are set to sign Trade and Investment Framework Agreement (TIFA) aimed at bolstering bilateral trade by way of removing barriers and tapping potential, officials said. Both th...

LankaBangla Finance's earnings skyrocket

LankaBangla Finance's earnings skyrocket

FE REPORT 2021-08-20 09:36:35

LankaBangla Finance posted an impressive 2900 per cent increase in its second-quarter (Q2) earnings for April-June 2021, compared to the same period last year, thanks to a bullish capital market and...

Bangladeshi depositors get higher returns than they should, says Kamal

Bangladeshi depositors get higher returns than they should, says Kamal

FE REPORT 2021-08-20 08:30:51

Finance Minister AHM Mustafa Kamal claimed Thursday Bangladeshi depositors get higher returns than they should as compared to the gains in other countries, thus deflating a different view. "In other...

Banks see surge in non-performing loans despite policy backup

Banks see surge in non-performing loans despite policy backup

SIDDIQUE ISLAM 2021-08-20 08:07:01

Classified loans in the banking sector went ballooning in the first half (H1) of the current calendar year despite policy perks coming from the central bank to stem the rot. The volume of non-perform...

Stocks edge down for second day after bumpy ride

Stocks edge down for second day after bumpy ride

FE Online Report 2021-08-19 16:16:23

Stocks edged down for the second straight sessions Thursday after high volatility as the risk-averse investors preferred to book profit on quick-gaining issues. The market moved between positive an...

Stocks open mixed with rising turnover

Stocks open mixed with rising turnover

FE ONLINE REPORT 2021-08-19 10:51:07

Stocks opened a mixed trend on Thursday, after the previous day’s modest correction, as investors are active on both sides of the trading fence. Following the previous day’s mild correc...

Authorities find ways to pay 75pc of foreigners' salaries in home countries

Authorities find ways to pay 75pc of foreigners' salaries in home countries

DOULOT AKTER MALA 2021-08-19 09:57:26

The authorities concerned met virtually on Wednesday, devising ways for the foreign nationals working in the mega projects here so that they can receive 75 per cent of the pay and perks in their hom...

BB asks banks to submit PIF statements quarterly

BB asks banks to submit PIF statements quarterly

FE Online Report 2021-08-18 20:47:58

The central bank of Bangladesh has instructed all the scheduled banks to submit their post import financing (PIF) statement to its Department of Off-Site Supervision (DOS) every quarter, officials sai...

Stock market snaps a four-day winning streak

Stock market snaps a four-day winning streak

FE ONLINE REPORT 2021-08-18 16:16:32

The stock market saw a moderate correction Wednesday, snapping a four-day winning streak, as risk-averse investors opted for booking profits on quick-gaining stocks. The market opened higher and the...

DSEX crosses 6800-mark at opening

DSEX crosses 6800-mark at opening

FE ONLINE REPORT 2021-08-18 10:57:22

Stocks opened on an upbeat note on Wednesday with the key index of the Dhaka bourse crossing the 6800-mark in the early trading as buoyant investors continued their buying spree. DSEX, the prime inde...

Anwar Galvanizing's price jumps on expansion news

Anwar Galvanizing's price jumps on expansion news

FE REPORT 2021-08-18 09:55:04

The share price of Anwar Galvanizing, a subsidiary of Anwar Group, soared following the news that the company has decided to double its production. The share price rose by 3.15 per cent on Tuesday...

Central bank asks non-banking financial institutions to lend rightly

Central bank asks non-banking financial institutions to lend rightly

SIDDIQUE ISLAM 2021-08-18 08:43:08

The central bank has instructed non-banking financial institutions (NBFIs) to ensure loan or lease financing appropriately for improving corporate governance in the financial sector, as some aberrat...

Stocks extend rally to set new highs

Stocks extend rally to set new highs

FE Online Report 2021-08-17 18:37:51

Stocks extended their rally on Tuesday with the key index of the Dhaka Stock Exchange (DSE) and market-cap setting new records as investors put fresh bets on bank and insurance issues. DSEX, the prim...

Govt to borrow Tk 73 billion in rest of the month

Govt to borrow Tk 73 billion in rest of the month

FE Online Report 2021-08-17 13:24:38

To meet the recurrent spending, the government wants to borrow some Tk 73 billion through treasury bills and bonds during the rest of the ongoing August. As a part to borrow the money from the financ...

Stocks open mixed after record-breaking rally

Stocks open mixed after record-breaking rally

FE ONLINE REPORT 2021-08-17 10:58:49

Stocks opened on a mixed trend on Tuesday, after the record-breaking rally in the previous session, as risk-averse investors are preferred to book profit on quick-gaining issues. DSEX, the prime inde...

National Housing share price rising sans PSI

National Housing share price rising sans PSI

FE REPORT 2021-08-17 09:40:45

National Housing Finance & Investment is witnessing an unprecedented price hike and increase in volume of shares despite no undisclosed price sensitive information (PSI). Within a week, the non...

No bid on BB bills accepted

No bid on BB bills accepted

SIDDIQUE ISLAM 2021-08-17 09:01:16

The central bank did not accept any bid from the auction of its two-type Bangladesh Bank (BB) bills on Monday as bidders quoted higher yields on the instruments, officials said. "No bid was accepted...

DSE daily turnover hits fresh decade high

DSE daily turnover hits fresh decade high

  FE ONLINE REPORT 2021-08-16 16:44:03

Dhaka Stock Exchange (DSE) registered a turnover of Tk 29.54 billion on Monday, a fresh high in a decade, as the buoyant investors put fresh funds on stocks after the securities regulator extended c...

DSEX crosses 6700-mark at opening riding on BSEC move

DSEX crosses 6700-mark at opening riding on BSEC move

FE ONLINE REPORT 2021-08-16 11:19:37

Stocks opened on an upbeat note Monday, the first trading day of this week, as the buoyant investors continued their appetite after the securities regulator extended credit facilities further to the i...