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The Financial Express

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Stocks show mixed trend in early trading

Stocks show mixed trend in early trading

FE Online Report 2019-02-05 11:31:09

Stocks witnessed mixed trend in early hour of trading on Tuesday as investors are active both sides of trading fence. Following the previous day’s positive close, the Dhaka Stock Exchange (DSE)...

Govt earnings from DSE fall 14pc in July-January

Govt earnings from DSE fall 14pc in July-January

Babul Barman 2019-02-05 10:50:20

The government revenue earnings from the Dhaka Stock Exchange (DSE) fell 14 per cent in July-January period of the current fiscal year on the back of falling trade volumes. Market insiders said slugg...

United Power tops turnover chart after earnings results

United Power tops turnover chart after earnings results

FE Report 2019-02-05 10:46:35

United Power dominated the Dhaka bourse's turnover chart on Monday while top ten traded companies captured 28 per cent transaction. Market analysts said investors continued to show their buying appet...

Import expenses exceed $30b mark in H1

Import expenses exceed $30b mark in H1

Siddique Islam 2019-02-05 09:21:38

Bangladesh's import expenses exceeded the US$30 billion mark in the first half (H1) of the current financial year (FY), 2018-19, on the back of higher imports of intermediate goods. The overall impor...

Bourses creep higher at opening

Bourses creep higher at opening

FE Online Report 2019-02-04 11:31:12

The prices of most of the shares on both bourses saw positive trend in early hour of trading on Monday as investors are active on sector-wise issues. Following the previous three days’ correcti...

Foreign fund-flow in stocks turns around

Foreign fund-flow in stocks turns around

Babul Barman 2019-02-04 10:45:58

Net foreign fund-flow in stocks turned around in January after remaining negative in the past three months as overseas investors were putting fresh funds after the national elections. Market analysts...

United Power sees moderate growth in EPS

United Power sees moderate growth in EPS

FE Report 2019-02-04 10:31:45

United Power Generation & Distribution Company Limited (UPGDCL) has posted a moderate growth in EPS for July-December, 2018 compared to same period of the previous year. The company's EPS (separa...

Market extends losing streak as major sectors slump

Market extends losing streak as major sectors slump

FE Report 2019-02-04 10:28:35

Stocks extended the losing streak for the third straight session Sunday as risk-averse investors continued to book profit on large-cap shares. Market analysts said investors were mostly on selling mo...

Tax rates, fiscal measures to be consistent: Kamal

Tax rates, fiscal measures to be consistent: Kamal

Doulot Akter Mala 2019-02-04 09:57:09

Finance Minister AHM Mustafa Kamal on Sunday pledged to maintain consistency in tax rates and other fiscal measures and frame a simple budget from the next fiscal year (FY). In a meeting with income...

Remittance hits record high in January

Remittance hits record high in January

-- 2019-02-03 19:11:23

Bangladeshi migrant workers sent a record amount of remittance home in January. They sent $1.59 billion in inward remittances to Bangladesh in the first month of the year, a new monthly record. The a...

Stocks open on negative note

Stocks open on negative note

FE Online Report 2019-02-03 17:42:04

Stocks witnessed marginal loss, extending the losing streak for the third day on Sunday, as some investors continued to book profit on sector-wise stocks. Market analysts said investors were mostly o...

Call to embrace export-led development to boost economy

Call to embrace export-led development to boost economy

FE Online Report 2019-02-03 16:55:32

The governor of Bangladesh Bank (BB) Fazle Kabir on Saturday stressed the need for export-led and manufacture-dominated development for the sake of country's desired economic uplift. He, however, adv...

Stocks fail to maintain uptrend at midday

Stocks fail to maintain uptrend at midday

FE Online Report 2019-02-03 12:42:36

Stocks failed to keep the positive trend at midday on Sunday as risk-averse investors started selling shares on sector-wise issues. Following the previous week’s sharp correction, the Dhaka Sto...

Prime Finance First MF approves 8.50pc cash dividend

Prime Finance First MF approves 8.50pc cash dividend

FE Online Report 2019-02-03 12:27:58

The Trustee Committee of Prime Finance First Mutual Fund has approved 8.50 per cent cash dividend for the year ended on December 31, 2018. The record date for entitlement of dividend is February 24,...

BB knows whereabouts of stolen funds: Governor

BB knows whereabouts of stolen funds: Governor

-- 2019-02-03 11:43:19

Bangladesh Bank has information about where the stolen reserves are being kept in the Philippines, said Governor Fazle Kabir. A large part of the $81 million stolen from the Bangladesh Bank’s a...

Stocks mostly higher amid rising trading activities

Stocks mostly higher amid rising trading activities

FE Online Report 2019-02-03 11:31:46

The prices of most of the shares on both the bourses witnessed a positive trend in the early hour of trading on Sunday as investors remained active on sector-wise issues. Following the previous week&...

Intraco Refueling to expand business through five new projects

Intraco Refueling to expand business through five new projects

Mohammad Mufazzal 2019-02-03 11:28:58

Intraco Refueling Station Limited (IRSL), an 'A' category listed company, has posted moderate growths in operating and gross profits during the calendar year 2013 to fiscal year (FY) 2018. The compan...

SWIFT says it is helping BB rebuild network after cyber heist

SWIFT says it is helping BB rebuild network after cyber heist

Reuters 2019-02-03 10:52:36

International payments network SWIFT said on Saturday it had signed an agreement with Bangladesh’s central bank to help it rebuild its infrastructure after hackers used it to steal $81 million i...

Genex Infosys to make debut Feb 6

Genex Infosys to make debut Feb 6

FE Report 2019-02-03 10:25:29

Genex Infosys Ltd, an IT company, will make its share trading debut on February 06 (Wednesday) on the bourses under "N" category, officials said. Genex Infosys will be the 9th company under the IT se...

Current account deficit drops in H1

Current account deficit drops in H1

FE Online Report 2019-02-02 17:53:56

Current account deficit dropped significantly in the first half (H1) of the current fiscal year (FY19), according to the latest statistics of the central bank. It showed that current account deficit...

BB projects lower trade deficit in FY19

BB projects lower trade deficit in FY19

FE Online Report 2019-02-02 13:08:37

Bangladesh Bank has projected that deficit on merchandise trade in the country would drop moderately in the current fiscal year (FY19). In its outlook on Balance of Payments (BoP), the central bank h...

Weekly analysis: Stocks snap six-week rally

Weekly analysis: Stocks snap six-week rally

FE Report 2019-02-02 10:37:53

Stocks fell sharply in the last week that ended on Thursday, snapping a six-week rally, as investors adopted a 'cautious' stance following the release of the monetary policy statement (MPS) of the cen...

US Fed to assist BD in cyber-heist lawsuit

US Fed to assist BD in cyber-heist lawsuit

-- 2019-02-02 10:07:20

The Federal Reserve will lend a hand to Bangladesh’s central bank as it sues to recoup losses from one of the world’s largest cyber heists, even while the Philippine bank targeted by the l...

Launch of saving certificates online database tomorrow

Launch of saving certificates online database tomorrow

FE Report 2019-02-02 09:29:57

Saving certificates online database named 'national saving certificates online management system' will be launched tomorrow (Sunday). The move has been taken to see whether savings schemes are abused...

Heist: Philippine bank calls BB lawsuit ‘political stunt’

Heist: Philippine bank calls BB lawsuit ‘political stunt’

-- 2019-02-01 15:22:57

The Philippine bank being sued for conspiracy to steal Bangladesh Bank reserve has labelled the lawsuit as a “political stunt”. Quinn Emanuel, a US law firm, has been hired to defend the...

Stocks tumble on selling pressure

Stocks tumble on selling pressure

FE Report 2019-02-01 10:40:49

The prime index of the Dhaka Stock Exchange (DSE) dipped 1.07 per cent on Thursday, extending the losing streak for the second consecutive session, as most sectors saw sharp price correction. The big...

Intraco Refuelling moves to merge its five subsidiary companies

Intraco Refuelling moves to merge its five subsidiary companies

FE Report 2019-02-01 10:39:09

The Intraco Refuelling Station Limited (IRSL) has decided to merge its five subsidiary companies with itself to reduce the 'management cost' and avail 'tax benefit'. The boards of directors of the IR...

BB to focus on credit flow to priority sectors

BB to focus on credit flow to priority sectors

Siddique Islam 2019-02-01 10:32:03

The Bangladesh Bank (BB) will continue its intensive supervision in ensuring credit flow to the priority sectors to help create more and better jobs along with protecting the environment. "….B...

BD sues Philippine bank over cyberheist

BD sues Philippine bank over cyberheist

-- 2019-02-01 09:37:22

Bangladesh’s central bank on Thursday sued a Philippine bank to recoup losses it suffered when unidentified hackers stole $81 million from its account at the Federal Reserve Bank of New York nea...

BB holds on to cautious monetary policy stance

BB holds on to cautious monetary policy stance

Siddique Islam 2019-01-31 10:29:15

The monetary policy statement (MPS), announced Wednesday by the country's central bank for the second half (H2) of the current financial year, maintained a 'cautious' monetary policy stance with sligh...