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The Financial Express

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Stocks slip into red as bank share fall

Stocks slip into red as bank share fall

FE Online Report 2019-02-26 17:18:13

Stocks slipped into the red again on Tuesday, after a single-day break, as some investors went for late hours selling binge, particularly on bank shares. Market analysts said investors were mostly on...

Thrust on strengthening  independence, capacity of  BB

Thrust on strengthening independence, capacity of BB

FE Online Desk 2019-02-26 13:40:41

The 18th Nurul Matin Memorial Lecture on Ethics in Banking was held at Bangladesh Institute of Bank Management (BIBM) on Monday. BIBM organised the lecture styled 'Ethics in Banking' at its office at...

Runner Automobiles to hold IPO lottery draw March 04

Runner Automobiles to hold IPO lottery draw March 04

FE Online Report 2019-02-26 12:35:28

Runner Automobiles is set to hold IPO lottery draw on March 04 which will allocate 13.93 million ordinary shares among the successful applicants. The initial public offering (IPO) lottery draw will b...

Stocks witness mixed trend after first hour of trading

Stocks witness mixed trend after first hour of trading

FE Online Report 2019-02-26 11:54:17

Stocks on both the bourses witnessed a mixed trend after first hour of trading on Tuesday as investors were seen active on both sides of trading fence. Following the previous day’s upturn, the...

'Higher default loans to impede investment pickup'

'Higher default loans to impede investment pickup'

FE Report 2019-02-26 09:28:00

The Metropolitan Chamber of Commerce and Industry (MCCI), Dhaka, Monday cautioned that if left unaddressed, the problem of high-level non-performing loans in the banking sector could impede a pickup...

BB issues new policy to police offshore banking operations

BB issues new policy to police offshore banking operations

Siddique Islam 2019-02-26 09:25:12

The central bank has issued a new policy asking banks to comply with cash reserve requirement (CRR) and statutory liquidity ratio (SLR) rules for their Offshore Banking Operations. Under the new poli...

'Genome sequence disclosure to boost hilsha production'

'Genome sequence disclosure to boost hilsha production'

-- 2019-02-25 19:04:28

The disclosure of the genome sequence of the hilsa fish has created a tremendous scope of increasing production through developing the resource of the fish in the country, said State Minister for Fish...

Stocks rebound as bank shares surge

Stocks rebound as bank shares surge

FE Online Report 2019-02-25 16:16:06

Stocks rebounded on Monday, after single-day break, as some optimistic investors took position on sector-wise issues, particularly banking sector. Market analysts said stocks backed to the green as s...

Stocks rebound at opening

Stocks rebound at opening

FE Online Report 2019-02-25 11:47:44

The prices of most of the shares on both the bourses witnessed an upward trend in the early hour of trading on Monday as some investors were showing their buying appetite on sector-wise issues. Follo...

BSCCL's share price doubles in three months

BSCCL's share price doubles in three months

FE Report 2019-02-25 11:45:53

The share price of Bangladesh Submarine Cable Company Ltd (BSCCL) rose 108 per cent within three months as its earnings soared. The company's share price hit at Tk 91.70 each since November 25, last...

Prices of 20 listed cos down

Prices of 20 listed cos down

Mohammad Mufazzal 2019-02-25 09:47:56

The share prices of 20 listed companies went down below their respective offer prices despite many of the companies witnessed significant price hike after the listing. The share prices of the compani...

Experts moot idea of central financial commission

Experts moot idea of central financial commission

FE Report 2019-02-25 09:18:00

Formation of a central financial commission was suggested at a function in Dhaka Sunday to oversee allocations made in the national budget and development of tax structure to help make the budget part...

Nurul Matin Memorial Lecture today

Nurul Matin Memorial Lecture today

FE Online Desk 2019-02-24 19:14:11

The 18th Nurul Matin Memorial Lecture on “Ethics in Banking” is going to be held at 7.30pm today (Monday) at Bangladesh Institute of Bank Management (BIBM) Auditorium. Dr. Junaid Kamal Ah...

DSE daily turnover dips below Tk 6.0b-mark

DSE daily turnover dips below Tk 6.0b-mark

FE Online Report 2019-02-24 16:18:55

The daily trade turnover on the prime bourse fell below Tk 6.0 billion-mark on Sunday, hitting nearly two months low, as most investors were reluctant to make fresh investment in stocks. Turnover, a...

Finalising RADP: Govt agencies seek addl Tk 287b internal funds

Finalising RADP: Govt agencies seek addl Tk 287b internal funds

FHM Humayan Kabir 2019-02-24 14:29:59

The authorities are in a dilemma over finalising the revised annual development programme (RADP) as public agencies have sought Tk 287 billion extra from internal resources, officials said on Saturday...

United Finance to issue Tk 5.0b bond

United Finance to issue Tk 5.0b bond

FE Online Report 2019-02-24 11:57:40

The board of directors of United Finance has decided to issue non-convertible zero coupon bonds worth up to Tk 5.0 billion (in face value) to strengthen its capital base, said an official disclosure o...

Stocks open week with downturn

Stocks open week with downturn

FE Online Report 2019-02-24 11:32:38

The prices of most of the shares on both the bourses witnessed a downward trend in the early hour of trading on Sunday as some investors continued their selling binge. Following the previous week&rsq...

DSE net profit declines in last five fiscal years

DSE net profit declines in last five fiscal years

FE Report 2019-02-24 09:30:59

The net profit of the Dhaka Stock Exchange (DSE) gradually declined in last five fiscal years (FYs) as the 'trade volume' plummeted during the period. The net profit of the prime bourse declined desp...

Local govt institutions and representatives should work together

Local govt institutions and representatives should work together

FE Online Desk 2019-02-23 15:29:36

The local government institutions in Bangladesh have been carrying out a number of development projects under the head of social safety net programme (SSNP) to provide community-based services for the...

Weekly analysis: Stocks keep declining

Weekly analysis: Stocks keep declining

FE Report 2019-02-23 10:38:48

The Dhaka bourse closed the week with continued losses on Wednesday as both the broad index and turnover fell amid sustained selling pressure in some major sectors. The major sectors that witnessed p...

Reliance Insurance, Legacy declare dividend

Reliance Insurance, Legacy declare dividend

FE Report 2019-02-23 10:35:12

Reliance Insurance has recommended 15 per cent cash and 10 per cent stock dividends for the year ending on December 31, 2018. The company will hold its annual general meeting (AGM) in Dhaka on March...

Experts for strengthening 'priority' financing

Experts for strengthening 'priority' financing

FE Report 2019-02-23 10:04:23

Experts at a seminar on Friday called for strengthening of "priority lending" in South Asia through the development of alternative mechanism and improvement in credit risk assessment infrastructure....

Capital mkt dev prog: Policy inaction irks ADB, threatens fund release

Capital mkt dev prog: Policy inaction irks ADB, threatens fund release

Syful Islam 2019-02-21 09:40:14

The delay in implementing several policy actions in the second tranche under the third capital market development programme (CDMP3) has irked the Asian Development Bank (ADB), people familiar with the...

Reliance Insurance recommends 15pc cash, 10pc stock dividends

Reliance Insurance recommends 15pc cash, 10pc stock dividends

FE Online Report 2019-02-20 13:37:04

The board of directors of Reliance Insurance has recommended 15 per cent cash and 10 per cent stock dividend for the year ended on December 31, 2018. The final approval of dividend will come during t...

Exim Bank’s bond issue gets BSEC nod

Exim Bank’s bond issue gets BSEC nod

FE Online Report 2019-02-20 12:27:08

The securities regulator has accorded consent to Exim Bank for issuing Tk 6.0 billion Mudaraba Subordinated Bond, said an official disclosure on Wednesday. Bangladesh Securities and Exchange Commissi...

BSEC approves IPO of Sea Pearl Beach Resort

BSEC approves IPO of Sea Pearl Beach Resort

FE Online Report 2019-02-20 12:10:32

The securities regulator has approved the initial public offering (IPO) proposal of Sea Pearl Beach Resort & Spa Ltd which will raise a capital worth Tk 150 million. Sea Pearl Beach Resort &...

Legacy Footwear declares 5.0pc dividend

Legacy Footwear declares 5.0pc dividend

FE Online Report 2019-02-20 11:52:37

The board of directors of Legacy Footwear Limited has declared 5.0 per cent interim cash dividend considering the performance of the company based on audited financial statements for the half year per...

DSE, CSE rise amid thin trading

DSE, CSE rise amid thin trading

FE Online Report 2019-02-20 11:44:35

Stocks witnessed positive trend in early hour of trading Wednesday as some investors are sowing their buying appetite on sector-wise issues amid ongoing earnings declaration. Following the previous d...

Beximco Pharma to acquire eight ANDAs from Sandoz Inc

Beximco Pharma to acquire eight ANDAs from Sandoz Inc

FE Desk Report 2019-02-20 10:24:56

Beximco Pharmaceuticals Limited on Tuesday announced the signing of a definitive agreement with Sandoz Inc., a division of Novartis, to acquire a portfolio of eight Abbreviated New Drug Applications (...

Top ten cos grab 37pc turnover

Top ten cos grab 37pc turnover

FE Report 2019-02-20 10:21:17

The United Power dominated the Dhaka bourse's turnover chart on Tuesday while ten most traded companies captured nearly 37 per cent of transactions. Market analysts said the investors continued to sh...