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The Financial Express

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Dhaka-Cox’s Bazar train service likely to boost tourism

Dhaka-Cox’s Bazar train service likely to boost tourism

UNB 2021-03-23 16:26:27

Unveiling a fresh route with the potential of attracting both foreign and domestic tourists, the government is set to launch a Dhaka to Cox’s Bazar train service at the end of next year. The fr...

Stocks inch higher after high volatility

Stocks inch higher after high volatility

FE ONLINE REPORT 2021-03-23 16:22:23

The market inched higher on Tuesday after high volatility as investors remained cautious amid a rising trend of Covid-19 infected patients in recent days. The market opened higher and the key index r...

First Finance declares 2.0pc stock dividend for 2019

First Finance declares 2.0pc stock dividend for 2019

FE ONLINE REPORT 2021-03-23 12:56:01

The board of directors of First Finance Ltd has recommended a 2.0 per cent stock dividend for the year ended on December 31, 2019. The company has recommended a 2.0 per cent stock dividend for the ye...

Delta Brac Housing Finance declares 30pc dividend

Delta Brac Housing Finance declares 30pc dividend

FE ONLINE REPORT 2021-03-23 12:13:08

Delta Brac Housing Finance Corporation has recommended 15 per cent cash and 15 per cent stock dividend for the year ended on December 31, 2020. The final approval of the dividend will come during the...

Stocks open higher as large-cap shares soar

Stocks open higher as large-cap shares soar

FE ONLINE REPORT 2021-03-23 11:36:12

Stocks opened on an upbeat note on Tuesday as bargain hunters showed their buying spree on selective large-cap lucrative issues. Following the previous day’s sharp rise, the market opened on a...

City Bank declares 17.50pc cash, 5.0pc stock dividend

City Bank declares 17.50pc cash, 5.0pc stock dividend

FE ONLINE REPORT 2021-03-23 10:47:53

The board of directors of The City Bank Ltd has recommended 17.50 per cent cash and 5.0 per cent stock dividend for the year ended on December 31, 2020. The final approval of the dividend will come d...

Premier Bank's price jumps almost 10pc on 'hefty' dividend declaration

Premier Bank's price jumps almost 10pc on 'hefty' dividend declaration

FE REPORT 2021-03-23 10:20:58

Shares prices of Premier Bank jumped 9.52 per cent to close at Tk 13.80 on Monday following its 'hefty' dividend declaration for the year ended on December 31, 2020. The private commercial bank has d...

Stocks rebound after three-day big fall

Stocks rebound after three-day big fall

FE ONLINE REPORT 2021-03-22 16:14:54

Stocks rebounded on Monday, snapping a three-day panic-driven big fall, as bargain hunters showed their buying spree on sector-wise issues based on corporate declarations. The market opened on a shar...

Rising virus cases: BSEC rebuffs rumours of market closure

Rising virus cases: BSEC rebuffs rumours of market closure

FE REPORT 2021-03-22 15:28:15

Amid the sudden surge in Covid-19 infections and death in recent days in the country, the securities regulator on Monday issued a circular stating that the stock market will remain open as long as the...

Stocks slump at opening on virus worries

Stocks slump at opening on virus worries

FE ONLINE REPORT 2021-03-22 11:26:53

Stocks plunged at the opening on Monday like the previous two days as investors became worried following the sudden surge in Covid-19 infections and death in recent days. Meanwhile, unlike every debu...

Premier Bank declares 20pc dividend

Premier Bank declares 20pc dividend

FE ONLINE REPORT 2021-03-22 10:57:41

The board of directors of Premier Bank has recommended 12.50 per cent cash and 7.50 per cent stock dividends for the year ended on December 31, 2020. The board has also decided to increase authorised...

Stocks plunge as panic-driven sell-offs continues

Stocks plunge as panic-driven sell-offs continues

FE Online Report 2021-03-21 16:21:55

Stocks witnessed yet another big jolt on Sunday as panic-driven investors continued their sell-offs on major sectors amid fears of a fresh wave of virus. The market opened on a sharp decline which co...

Stocks plunge at opening as panic grips investors

Stocks plunge at opening as panic grips investors

-- 2021-03-21 11:18:09

Stocks plunged at the opening on Sunday, as panic-driven investors dumped their holdings amid fears of a fresh wave of the virus due to rising trends of Covid-19 infections and death. Following the p...

Bangladesh Bank avoids gold as reserve despite value addition

Bangladesh Bank avoids gold as reserve despite value addition

SIDDIQUE ISLAM 2021-03-21 08:15:54

Bangladesh's investment in the form of gold has gained value by over 37 per cent to reach around US$554 million over the last 10 years. The country's central bank, for the first time on September 0...

Bangladesh stocks tumble amid panic-driven sell-offs

Bangladesh stocks tumble amid panic-driven sell-offs

BABUL BARMAN 2021-03-20 10:13:11

Stocks dipped in the outgoing week as panic-driven investors dumped their holdings amid fears of fresh wave of the virus due to the rising trend of Covid-19 infected patients in recent days. Week-on-...

Deed to launch 'Shanta Fixed Income Fund' signed

Deed to launch 'Shanta Fixed Income Fund' signed

FE REPORT 2021-03-20 10:11:17

Shanta Asset Management Limited (SAML) has taken an initiative to launch a new open-end mutual fund concentrating mainly on fixed income securities -- "Shanta Fixed Income Fund"-- in line with the p...

UK urges Bangladesh to address trade barriers

UK urges Bangladesh to address trade barriers

REZAUL KARIM 2021-03-20 09:52:55

The United Kingdom has urged Bangladesh to address the existing trade barriers and other structural problems to help attract more foreign direct investments including those from British companies. "F...

Affordable mechanism for open account exports emphasized

Affordable mechanism for open account exports emphasized

FE REPORT 2021-03-19 11:13:56

President of International Chamber of Commerce Bangladesh (ICCB) Mahbubur Rahman (top, middle) and other distinguished persons at the webinar on "Global Awareness on Open Account Export Transactions a...

DSEX dives below 5500-mark again

DSEX dives below 5500-mark again

FE Online Report 2021-03-18 15:52:24

Stocks tumbled on Thursday as panic gripped investors amid soaring trends of Covid-19 infections and death in recent days in the country. The market opened on a downward trend which continued until t...

NRB Commercial Bank makes debut Monday

NRB Commercial Bank makes debut Monday

FE ONLINE REPORT 2021-03-18 14:53:21

NRB Commercial Bank will make its share trading debut on March 22 (Monday) on the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) under ‘N’ category. DSE trading code f...

Stocks plummet at opening

Stocks plummet at opening

FE ONLINE REPORT 2021-03-18 11:22:22

Stocks witnessed a downward trend at the opening on Thursday, as risk-averse investors opted for booking profits on major sector stocks amid the rising trend of Covid-19 cases. Following the previous...

Bonds can ease pressure on banking sector

Bonds can ease pressure on banking sector

FE Report 2021-03-18 09:17:15

Introduction of different types of bonds can reduce pressure on banking sector by meeting long-term and large-scale financing needs of the next generation businesses, speakers said at a programme on T...

DSE extends timeframe for applying for new TREC licence

DSE extends timeframe for applying for new TREC licence

FE REPORT 2021-03-18 08:59:21

The Dhaka Stock Exchange (DSE) has extended the timeframe for applying for a new TREC licence from the prime bourse by 10 more days until March 28. The DSE management has decided to extend the deadli...

World Bank approves $200m to help Dhaka support urban poor, migrants

World Bank approves $200m to help Dhaka support urban poor, migrants

-- 2021-03-17 13:09:28

The World Bank has approved 200 million US dollars to help Bangladesh provide support and services to the low-income urban youth impacted by Covid-19 and the involuntary returnee migrant workers in or...

Share prices of Rahima Food, Beacon Pharma keep soaring sans PSI

Share prices of Rahima Food, Beacon Pharma keep soaring sans PSI

FE REPORT 2021-03-17 10:10:04

The share prices of two listed firms - Rahima Food Corporation and Beacon Pharmaceuticals - are soaring without any undisclosed price sensitive information (PSI). Within two weeks, share price of Rah...

Stocks open higher riding on regulatory moves

Stocks open higher riding on regulatory moves

FE ONLINE REPORT 2021-03-16 11:54:41

Stocks soared at the opening on Tuesday thanks to the regulatory measures taken to boost the capital market. Within the first hour of trading, the DSEX advanced more than 28 points while the CSE All...

Central bank raises dividend payment limit for banks

Central bank raises dividend payment limit for banks

Siddique Islam and Babul Barman 2021-03-16 08:43:04

The central bank has decided to increase by 5.0 percentage points the maximum ceiling of dividend offered by banks to the shareholders. If implemented, the banks would be able to declare maximum 35 p...

Stocks post marginal rise after bumpy ride

Stocks post marginal rise after bumpy ride

FE ONLINE REPORT 2021-03-15 18:22:44

Stocks posted a marginal rise on Monday, after losing sharply in the previous day, as investors remained cautious amid lack of clear direction. DSEX, the prime index of the Dhaka Stock Exchange (DSE)...

Stocks see marginal rise

Stocks see marginal rise

FE ONLINE REPORT 2021-03-15 12:19:54

Stocks posted a marginal gain at the opening on Monday after the previous day’s sharp decline as bargain hunters showed their appetite on sector-wise issues. Within the first hour of trading, t...

Agrani Insurance declares 5.0pc cash, 5.0pc stock dividend

Agrani Insurance declares 5.0pc cash, 5.0pc stock dividend

FE ONLINE REPORT 2021-03-15 10:52:16

The board of directors of Agrani Insurance Company has recommended 5.0 per cent cash and 5.0 per cent stock dividend for the year ended on December 31, 2020. The final approval of the dividend will c...