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The Financial Express

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BRAC Bank tops weekly turnover chart

BRAC Bank tops weekly turnover chart

FE Report 2019-05-25 10:43:06

The BRAC Bank generated the highest turnover on the Dhaka Stock Exchange (DSE) in the outgoing week, while ten most-traded companies accounted for more than 23 per cent of the weekly transactions....

Interest rate spread slightly low in April

Interest rate spread slightly low in April

Siddique Islam 2019-05-25 10:03:56

The overall interest rate spread in the country's banking sector narrowed down slightly as commercial banks increased deposit rates while lending rates fell, officials said. The weighted average sp...

Bourses to remain closed for nine days

Bourses to remain closed for nine days

FE Online Report 2019-05-24 13:46:05

Trading and official activities on Dhaka Stock Exchange (DSE) will remain closed for nine days from May 31 to June 8 on the occasion of Eid-ul-Fitr. The decision came from a board meeting of DSE he...

Coppertech listing: DSE to seek opinion from BSEC

Coppertech listing: DSE to seek opinion from BSEC

FE Report 2019-05-24 10:52:12

The country's premier bourse has decide to seek an opinion from the securities regulator on the next course of action regarding the listing of Coppertech Industries Ltd. mired in 'controversies' ove...

Sea Pearl Beach holds IPO lottery draw

Sea Pearl Beach holds IPO lottery draw

FE Report 2019-05-24 10:42:39

The Sea Pearl Beach Resort & Spa Ltd held its initial public offering (IPO) lottery draw on Thursday to allocate 15 million shares among general investors. The lottery draw was held at the AGB...

Ten cos grab 26pc transactions

Ten cos grab 26pc transactions

FE Report 2019-05-24 10:40:56

Ten most-traded companies accounted for 26 per cent transactions on the Dhaka Stock Exchange (DSE) on Thursday, with Prime Finance & Investment, a 'Z' category company, making it to the top of t...

'ROI in Bangladesh higher than neighbours'

'ROI in Bangladesh higher than neighbours'

FE Report 2019-05-24 10:09:34

Return on investment (ROI) in Bangladesh is much higher than its neighbouring countries, Foreign Minister Dr A K Abdul Momen told a delegation of the Hong Kong-based Chinese Manufacturers' Association...

Tax collection target may be Tk 3.25t for FY '20

Tax collection target may be Tk 3.25t for FY '20

Doulot Akter Mala 2019-05-24 09:23:41

Tax collection target is likely to be set at Tk 3.25 trillion for the upcoming fiscal year with 16 per cent growth over the revised goal of FY 2018-19. At Tk 1.17 trillion, the highest tax collection...

Govt prioritising PPP development in next FY

Govt prioritising PPP development in next FY

-- 2019-05-23 19:04:55

The government has planned to take 30 per cent Annual Development Programme (ADP) projects under the Public-Private Partnership in the next fiscal to boost PPP growth for infrastructural development....

EBL approves 30pc dividend at 27th AGM

EBL approves 30pc dividend at 27th AGM

-- 2019-05-23 15:54:12

The board of directors of Eastern Bank Limited (EBL) has unanimously approved 20 per cent cash and 10 per cent stock dividend for the year ended on 31 December 2018.  The approval of the dividen...

Stocks end nearly flat after bumpy ride

Stocks end nearly flat after bumpy ride

FE Online Report 2019-05-23 15:19:44

Stocks ended flat on Thursday after volatile trading as investors mostly followed cautious stance ahead of national budget and ongoing holy Ramadan. Market analysts a section of investors preferred b...

ADB provides $400m loan for Ctg-Cox’s Bazar rail link

ADB provides $400m loan for Ctg-Cox’s Bazar rail link

-- 2019-05-23 13:47:44

Bangladesh signed a deal with Asian Development Bank (ADB) on Thursday for a $400 million loan to connect Chattogram and Cox's Bazar by rail. Its goal is to promote trade, investment and tourism in B...

Stakeholders decide to give list to BSEC

Stakeholders decide to give list to BSEC

FE Report 2019-05-23 12:20:48

The capital market stakeholders will urge the securities regulator to take necessary measures against the sponsor-directors of the listed companies, who sold their shares without declaration and by ev...

DSE gains, CSE slides in early trading

DSE gains, CSE slides in early trading

FE Online Report 2019-05-23 11:55:40

The prices of most of the shares on the Dhaka bourse witnessed a positive trend in early trading on Thursday as some investors were showing their buying spree on sector-wise issues. Following the pre...

Midas Financing recommends 2.50pc stock dividend

Midas Financing recommends 2.50pc stock dividend

FE Online Report 2019-05-23 11:52:16

The board of directors of Midas Financing Ltd has recommended 2.50 per cent stock dividend for the year ended on December 31, 2018. The final approval of the dividend will come during the annual gene...

Ten most-traded cos capture 29pc turnover

Ten most-traded cos capture 29pc turnover

FE Report 2019-05-23 10:38:42

Ten most-traded companies captured more than 29 per cent transaction of the Dhaka Stock Exchange (DSE) on Wednesday while Fortune Shoes topped the chart. Market insiders said investors continued to s...

BB doubles deferred payment period for power cos

BB doubles deferred payment period for power cos

Siddique Islam 2019-05-23 09:47:40

The central bank has doubled the deferred payment period for import of raw materials only for the power generating enterprises to help ease the pressure on foreign exchange market, officials said. Un...

Stocks rebound on BB’s refinancing scheme

Stocks rebound on BB’s refinancing scheme

FE Online Report 2019-05-22 15:23:48

Stocks posted marginal gain on Wednesday as investors showed their buying appetite on sector-wise shares after the Investment Corporation of Bangladesh received Tk 7.60 billion from the central bank....

DSEX gains 7.0 points in early trading

DSEX gains 7.0 points in early trading

FE Online Report 2019-05-22 11:46:42

The prices of most of the shares on the bourses witnessed positive trend in early trading on Wednesday as some investors showed their buying spree on sector-wise issues. Following the previous two da...

ICB to receive Tk 7.60b from BB today

ICB to receive Tk 7.60b from BB today

FE Report 2019-05-22 10:55:26

The state-run Investment Corporation of Bangladesh (ICB) will receive Tk 7.60 billion today (Wednesday) from the central bank under the capital market refinancing scheme. The managing director of t...

Runner Automobiles posts modest gain on debut day

Runner Automobiles posts modest gain on debut day

FE Report 2019-05-22 10:51:58

Runner Automobiles share price soared 33 per cent on debut trading on Tuesday despite the company's earnings fell marginally, officials said. The company's profit after tax stood at Tk 337.51 milli...

Sponsors, directors barred from selling shares if they fail to hold 30pc stakes

Sponsors, directors barred from selling shares if they fail to hold 30pc stakes

FE Report 2019-05-22 10:45:53

Listed companies will be allowed to raise capital issuing bonus shares only for the purpose of BMRE and further qualitative development. The Bangladesh Securities and Exchange Commission (BSEC) took...

Stocks extend losing streak amid low turnover

Stocks extend losing streak amid low turnover

FE Online Report 2019-05-21 16:00:29

Stocks extended the losing streak for the second straight session on Tuesday as risk-averse investors continued their selling spree on sector-wise shares.  Market analysts said the investors con...

Tk 2.03t ADP gets NEC nod for FY'20

Tk 2.03t ADP gets NEC nod for FY'20

-- 2019-05-21 14:08:07

The government has approved Tk 2.03 trillion Annual Development Programme (ADP) for the next fiscal year (FY 2019-20), beginning July 1. The figure is 17.18 per cent higher than the current year&rsqu...

Stocks drop on bearish tread

Stocks drop on bearish tread

FE Online Report 2019-05-21 11:41:18

The prices of most of the shares on the bourses witnessed downward trend in early trading on Tuesday as investors showed their selling binge on sector-wise issues. However, Runner Automobiles made a...

ICB to get lion's portion of the fund

ICB to get lion's portion of the fund

FE Report 2019-05-21 10:50:33

The state-run Investment Corporation of Bangladesh (ICB) will get the lion's portion of the fund to be disbursed for the second time under the capital market refinancing scheme. The other stakeholder...

Ten cos snare 29pc turnover; Brac Bank tops

Ten cos snare 29pc turnover; Brac Bank tops

FE Report 2019-05-21 10:49:31

Ten most-traded companies captured more than 29 per cent transaction of the Dhaka Stock Exchange (DSE) on Monday while Brac Bank topped the list. Market analysts said investors were active on both si...

NEC set to endorse Tk 2.02t ADP for FY ’20

NEC set to endorse Tk 2.02t ADP for FY ’20

FE Report 2019-05-21 09:29:47

The government is going to approve today (Tuesday) a Tk 2.02-trillion Annual Development Programme (ADP) for the next fiscal year (FY), 2019-20, allocating the highest fund to the transport sector, of...

Govt revises down tax collection target

Govt revises down tax collection target

Doulot Akter Mala 2019-05-21 09:25:42

The government has revised the tax collection target downward to Tk 2.80 trillion for the current fiscal year following lacklustre trend in receipts, people familiar with the development said. The or...

NEC likely to approve original ADP outlay for next fiscal

NEC likely to approve original ADP outlay for next fiscal

-- 2019-05-20 18:14:30

A draft of Tk 2.02 trillion Annual Development Programme (ADP) outlay for the upcoming fiscal year will be placed before the National Economic Council (NEC) on Tuesday. Prime Minister Sheikh Hasina w...