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The Financial Express

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Top ten-traded cos snare 18pc of total transaction

Top ten-traded cos snare 18pc of total transaction

FE Report 2019-01-21 10:39:00

Top ten traded companies captured 18 per cent turnover of the Dhaka bourse on Sunday. Three banks featured in the top ten-traded companies after long time. The banks were Premier Bank, Dutch-Bangla...

When small insurance comes as a saviour

When small insurance comes as a saviour

Mehdi Musharraf Bhuiyan 2019-01-21 10:37:08

When Ajgor lost his father a couple of years ago, he suddenly found himself in a sea of uncertainty. "The whole scenario was really a torturous one for me," recollected Ajgor, who was a mechanic by p...

BD expats suffer for inadequate remittance points abroad

BD expats suffer for inadequate remittance points abroad

Rezaul Karim 2019-01-21 09:31:35

Bangladeshi overseas workers have been suffering a serious setback when remitting their hard-earned money due to inadequate number of agent points in their destination countries. Saudi Arabia, the Un...

Stocks rebound strongly on buying spree

Stocks rebound strongly on buying spree

-- 2019-01-20 16:09:39

Stocks rebounded strongly on Sunday, after remaining down in the past two sessions, as investors showed their buying spree on sector-wise issues. Market analysts said investors were active on sector-...

Stocks open higher on buying appetite

Stocks open higher on buying appetite

FE Online Report 2019-01-20 11:23:47

The prices of most of the stocks witnessed an upward trend in the early hour of trading on Sunday as investors were showing their buying appetite on sector-wise issues. Following the previous week&rs...

AMCL (Pran) sees steady growth

AMCL (Pran) sees steady growth

Mohammad Mufazzal 2019-01-20 10:58:18

Agricultural Marketing Company Ltd. (Pran) posted a steady growth in revenue earnings in last five fiscal years (FYs). To keep the revenue growth stable, the company always laid importance on a 'stro...

Rich in BD to rise 11.4 pc in five years: Wealth-X

Rich in BD to rise 11.4 pc in five years: Wealth-X

-- 2019-01-19 13:06:38

The number of high net-worth (HNW) individuals in Bangladesh will rise by 11.4 per cent in the next five years, according to the latest report of Wealth-X, a New York-based research firm. In the list...

Weekly analysis: Bullish streak slows amid profit booking

Weekly analysis: Bullish streak slows amid profit booking

Babul Barman 2019-01-19 10:34:54

Stocks posted a marginal gain last week that ended on Thursday, as investors took to profit booking following a sharp rise in the prime index. Market analysts said the bullish momentum has slowed to...

MI Cement looks to expand production capacity

MI Cement looks to expand production capacity

FE Report 2019-01-19 10:28:48

The board of directors of MI Cement Factory Ltd., which produces Crown brand cement, has decided to expand its production capacity, officials said. The decision was taken at a meeting of the board of...

Fall in remittance from Italy likely this year

Fall in remittance from Italy likely this year

Rezaul Karim 2019-01-19 10:14:46

Remittance inflow may see a significant fall this calendar year for taxing expats' cash transfer by Italy, a major source of remittance earnings for Bangladesh. Bangladeshi migrants send home $550-...

Reduced source tax on export from Jan

Reduced source tax on export from Jan

Doulot Akter Mala 2019-01-18 10:55:11

The National Board of Revenue (NBR) has decided to make reduced rate of source tax, 0.25 per cent, on export proceeds effective from January, 1, 2019. The board will issue a clarification today (Frid...

SS Steel spikes 401pc in trading debut

SS Steel spikes 401pc in trading debut

FE Report 2019-01-18 10:34:36

SS Steel Limited made a flying trading debut as its share price jumped 401 per cent to Tk 50.10 on the Dhaka Stock Exchange (DSE) on Thursday. The engineering sector company made its share trading de...

Northern Jute sees strong growth in Q2 EPS

Northern Jute sees strong growth in Q2 EPS

FE Report 2019-01-18 10:32:31

Northern Jute Manufacturing Company has posted a significant growth in earnings in the October-December (Q2) period of financial year 2018-19 against the loss incurred in the same period of the previo...

Private credit growth edges down in December

Private credit growth edges down in December

FE Report 2019-01-18 09:37:31

Private sector credit growth dropped significantly in December mainly due to the lower demand for loans, due mainly to the elections, bankers said. They, however, expected the growth in credit flow...

BB introduces new policy to curb default loans

BB introduces new policy to curb default loans

-- 2019-01-17 21:11:42

Bangladesh Bank (BB) has introduced a new guideline on Thursday to shorten the leash on rising default loans. The new policy will be will be effective from the next fiscal year beginning on July 1, a...

Stocks extend losses on profit booking

Stocks extend losses on profit booking

FE Online Report 2019-01-17 15:46:22

Stocks extended the losing streak for the second day in a row on Thursday as some investors continued to book quick-profit on sector-wise issues. Market analysts said stocks kept losing streak as a s...

IDLC to enhance bond issue size to Tk 7.55b

IDLC to enhance bond issue size to Tk 7.55b

FE Online Report 2019-01-17 12:08:02

IDLC Finance has decided to enhance issue size of the said non-convertible zero coupon bonds of Tk 7.55 billion from Tk 5.0 billion. Earlier on November 25 last year, the board of directors of IDLC F...

Stocks tumble in early trading

Stocks tumble in early trading

FE Online Report 2019-01-17 11:36:01

The prices of most of the shares on bourses witnessed downward trend in early hour of trading on Thursday as some investors are booking profit on sector-wise issues. Following the previous day’...

Move to bring quality IPOs

Move to bring quality IPOs

FE Report 2019-01-17 10:40:56

The stakeholders have moved jointly to bring 'quality' IPOs (initial public offering) for enhancing the depth of the country's capital market. As part of joint move, they will fix a work plan identif...

Walton holds IPO Road Show

Walton holds IPO Road Show

FE Desk Report 2019-01-17 10:18:13

Walton Hi-Tech Industries Limited (WHIL), a sister concern of the country's electronics giant Walton Group, organised a Road Show for eligible investors to raise a fund of Tk 1.00 billion from capital...

Govt's borrowing from banks on track to rise

Govt's borrowing from banks on track to rise

Siddique Islam 2019-01-17 09:09:45

The government's higher borrowing from both the central bank and commercial banks is set to pick up mainly due to revenue shortfall in recent months, officials and bankers said. The previous borrowin...

DSE, CSE return to red zone

DSE, CSE return to red zone

FE Online Report 2019-01-16 15:40:13

Stocks returned to the red zone with a marginal fall on Wednesday, after a single-day break, as investors booked quick-profit on sector-wise issues. Market analysts said stocks retreated as some inve...

Enhanced production of local cotton to benefit textile cos

Enhanced production of local cotton to benefit textile cos

FE Desk 2019-01-16 12:27:29

Bangladesh Indenting Agents' Association (BIAA) has made a plea to take required initiative to increase the production of the local cotton so that the growing demand of cotton can be met from the loca...

Shares drive gains at opening

Shares drive gains at opening

FE Online Report 2019-01-16 11:35:38

The prices of most of the shares on bourses witnessed upward trend in early hour of trading Wednesday as investors are showing buying spree on sector-wise issues. Following the previous day’s u...

BSEC approves proposal of determining cut-off price of Popular Pharma

BSEC approves proposal of determining cut-off price of Popular Pharma

FE Report 2019-01-16 11:27:38

The securities regulator has approved the proposal of determining cut-off price of Popular Pharmaceuticals as part of its plan of offloading shares through book building method. The approval came on...

S S Steel makes trading debut tomorrow

S S Steel makes trading debut tomorrow

FE Report 2019-01-16 11:21:18

S S Steel Ltd will make its share trading debut on the stock exchanges tomorrow (Thursday) under the "N" category, officials said. The Dhaka Stock Exchange (DSE) trading code for the company is "SSST...

Exporters suffer blow as govt makes contract farming mandatory

Exporters suffer blow as govt makes contract farming mandatory

Yasir Wardad 2019-01-16 10:15:38

The government has made 'contract farming' mandatory for shipment of agro produce aiming to ensure the quality, said officials. The decision came as a big blow to the exporters who found themselves i...

NBR probing luxury car owners’ returns

NBR probing luxury car owners’ returns

Doulot Akter Mala 2019-01-16 10:07:50

The National Board of Revenue (NBR) is now examining the tax returns of the owners of 930 luxury cars to find out whether they have evaded tax payment on account of the vehicles. The tax authority ha...

Stocks rebound after bumpy trading

Stocks rebound after bumpy trading

FE Online Report 2019-01-15 15:12:56

Stocks rebounded in the green territory Tuesday, after a single-day break, as investors showed their buying appetite on financial issues. After witnessing volatility almost throughout the session, DS...

Stocks post marginal gain at midday

Stocks post marginal gain at midday

FE Online Report 2019-01-15 13:23:21

Stocks witnessed positive trend at midday on Tuesday as investors are active both sides of trading fence. Following the previous day’s mild correction, the Dhaka Stock Exchange (DSE) and the Ch...