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The Financial Express

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DSE restructures two price indices

DSE restructures two price indices

FE Report 2019-01-15 10:34:12

The Dhaka Stock Exchange (DSE) has restructured two price indices and added 15 companies to the benchmark index, DSEX, a move that will help gauge the market more accurately. The DSE reconstituted th...

BB seeks Tk 8.0b for ESF to fund agro-based projects

BB seeks Tk 8.0b for ESF to fund agro-based projects

FE Report 2019-01-15 10:30:20

The central bank has sought an allocation of Tk 8.0 billion for its 'Entrepreneurship Support Fund' (ESF) in the upcoming fiscal year (FY) 2019-20 for financing agro-based projects. Besides, it has p...

Profit booking pulls markets down

Profit booking pulls markets down

FE Online Report 2019-01-14 15:56:30

Stocks faced marginal correction on Monday, snapping the recent rally, as investors booked some profit on sector-wise issues. Market analysts said stocks returned to the red as a section of investors...

DSE cools off after record high

DSE cools off after record high

FE Online Report 2019-01-14 15:50:09

The Dhaka Stock Exchange (DSE) closed the Monday’s session with a marginal loss after the prime index of the main bourse—DSEX—crossed the 5,800-mark on Sunday. The DSEX crossed the...

Nahee Aluminum’s IPO project to go operation tomorrow

Nahee Aluminum’s IPO project to go operation tomorrow

FE Online Report 2019-01-14 12:11:03

Initial public offering (IPO) funded project of Nahee Aluminum Composite Panel is set to go commercial operation from tomorrow (Tuesday), officials said. The company has imported required capital mac...

DSE rebalances DSEX, DS30

DSE rebalances DSEX, DS30

FE Online Report 2019-01-14 12:09:01

The prime bourse has decided to include 15 new companies in its broad index, DSEX, and replace three companies in the blue chip index, DS30 as part of its annual and semi-annual rebalancing of the ind...

DSE, CSE shine in early trading

DSE, CSE shine in early trading

FE Online Report 2019-01-14 11:26:22

The prices of most of the shares witnessed upward trend in early hour of trading on Monday as investors are active on sector-wise issues amid growing confidence. Following the previous day’s sh...

Five out of top 10 gainers are from 'Z' category

Five out of top 10 gainers are from 'Z' category

FE Report 2019-01-14 10:23:41

Share price of Savar Refractories, a 'Z' category stock, continued to soar despite it reported negative earnings per share and failed to pay dividend over the years. The company's share price soared...

10 cos snare 21pc of total turnover

10 cos snare 21pc of total turnover

FE Report 2019-01-14 10:21:40

Top 10 turnover leaders grabbed 20.40 per cent of the turnover featured by Dhaka Stock Exchange (DSE) on Sunday. On the day the premier bourse DSE featured a turnover of above Tk 9.73 billion. Of Tk...

'BD to be 24th economy in GDP globally by 2032'

'BD to be 24th economy in GDP globally by 2032'

FE Report 2019-01-14 09:50:00

Finance Minister A H M Mustafa Kamal hoped that Bangladesh's economy would be at 24th position in global ranking by 2032 in terms of the gross domestic product (GDP). He also said when the economy gr...

Q1 budget in surplus amid lower revenue

Q1 budget in surplus amid lower revenue

Jasim Uddin Haroon 2019-01-14 09:49:23

The current budget recorded a Tk 24.07 billion surplus during the four months to October last, though tax receipts are less-than-expected, the ministry of finance said on Thursday. Revenue income of...

DSEX crosses 5800-mark on buying spree

DSEX crosses 5800-mark on buying spree

FE Online Report 2019-01-13 17:01:18

The prime index of the major bourse exceeded the 5,800-mark after nine months as enthusiastic investors showed their buying spree on sector-wise issues. Market analysts said stocks maintained its pos...

ADB provides $200m to upgrade rural road network in BD

ADB provides $200m to upgrade rural road network in BD

FE Online Desk 2019-01-13 12:43:59

The Asian Development Bank (ADB) and the Government of Bangladesh today (Sunday) signed agreements for $200 million in loans to improve the rural road network in Bangladesh. Monowar Ahmed, Secretary,...

Bourses open week on optimistic note

Bourses open week on optimistic note

FE Online Report 2019-01-13 11:05:30

The prices of most of the shares on both bourses witnessed an upward trend in the early hour of trading on Sunday as investors continued their buying spree on sector-wise issues. Following the previo...

BBS Cables, Olympic Industries dominate weekly turnover chart

BBS Cables, Olympic Industries dominate weekly turnover chart

FE Report 2019-01-13 10:39:27

Top 10 turnover leaders featured a total transaction of above Tk 9.0 billion, snaring 18.28 per cent in last week on Dhaka Stock Exchange (DSE). The premier bourse featured a turnover of above Tk 49....

Meghna Petroleum approves 140pc cash dividend

Meghna Petroleum approves 140pc cash dividend

Our Correspondent 2019-01-13 10:27:24

CHATTOGRAM: Meghna Petroleum Ltd has approved 140 per cent cash dividend for the fiscal year (FY) 2017-18 at the company's 40th annual general meeting here on Saturday. The company’s Chairman a...

United Power Generation witnesses steady growth

United Power Generation witnesses steady growth

Mohammad Mufazzal 2019-01-13 10:22:12

United Power Generation & Distribution Company (UPGDC) posted a steady growth in dividend disbursement in last few years. During the period, the company's earnings per share (EPS) also rose moder...

Lower fund demand prompts govt to go for cut in foreign aid allocation

Lower fund demand prompts govt to go for cut in foreign aid allocation

FHM Humayan Kabir 2019-01-13 09:47:07

The government is likely to slash foreign aid allocation in the revised development budget as most of the ministries and agencies sought lower funds, officials said on Saturday. The lower fund demand...

Capital Market Expo begins Feb 28

Capital Market Expo begins Feb 28

FE Online Report 2019-01-12 14:06:39

Bangladesh Capital Market Expo, a fair on capital market, will start on February 28 next. The fair will be continued till March 2 at Shilpakala Academy in the capital Dhaka, according to a release....

Living cost in Dhaka rises 6.0 pc in 2018: CAB

Living cost in Dhaka rises 6.0 pc in 2018: CAB

FE Report 2019-01-12 13:46:33

Cost of living rose by 6.0 per cent in Dhaka city in 2018 compared to that in 2017 due to rising prices of rice, fish, vegetables, toiletries, tea and other essentials, the Consumers Association of Ba...

Weekly analysis: Stocks keep marching higher

Weekly analysis: Stocks keep marching higher

Babul Barman 2019-01-12 10:40:24

Stocks witnessed yet another bullish week that ended on Thursday, as enthusiastic investors continued to pour money into stocks amid improved market sentiment. On a week-on-week basis, DSEX, the prim...

Runner Automobile IPO opens Jan 31

Runner Automobile IPO opens Jan 31

FE Report 2019-01-12 10:37:32

The initial public offering (IPO) of Runner Automo-biles will open for subscription on January 31, seeking to raise Tk 1.0 billion from the capital market under the book-building method. The last dat...

Savings tools buying to come under govt scanners

Savings tools buying to come under govt scanners

Jasim Uddin Haroon 2019-01-12 09:29:36

The government is set to create a database of buyers of government-sponsored savings instruments. The objective behind the creation of database is to see whether the savings opportunity is abused by...

17 companies end up in 'Z' category in two years

17 companies end up in 'Z' category in two years

Mohammad Mufazzal 2019-01-11 10:38:11

A total of 17 listed companies were downgraded to 'Z' category, meant for worst-performing enterprises, in the last two years. They were downgraded from the best- and medium-performing categories for...

JMI Syringes tops DSE turnover chart

JMI Syringes tops DSE turnover chart

FE Report 2019-01-11 10:35:40

The ten most traded companies grabbed 20 per cent of the transactions on the Dhaka bourse on Thursday, with JMI Syringes & Medical Devices leading the turnover chart. Market insiders said the inv...

No more rise in NPLs from now on: Kamal

No more rise in NPLs from now on: Kamal

FE Report 2019-01-11 10:11:03

Finance Minister AHM Mustafa Kamal said on Thursday non-performing loan (NPL) will not grow by even a single penny from today, rather it will reduce. He, however, said he would not go for action agai...

Bourses end flat after bumpy ride

Bourses end flat after bumpy ride

FE Online Report 2019-01-10 15:32:55

Stocks ended almost flat Thursday after volatile trading as investors were active both sides of trading fence. Market analysts said risk-averse investors booked quick-profit on stocks which saw sharp...

DSEX crosses 5,800-mark in early trading

DSEX crosses 5,800-mark in early trading

FE Online Report 2019-01-10 11:14:22

Stocks witnessed upward trend in early hour of trading on Thursday as some investors continued their buying spree on sector-wise issues. Following the previous day’s rise, the Dhaka Stock Excha...

BB heist: Manila court jails ex-banker

BB heist: Manila court jails ex-banker

-- 2019-01-10 10:52:22

A Philippine court on Thursday held a former bank manager guilty on eight counts of money laundering, the first conviction in one of the world’s largest cyber heists, in which $81 million was st...

WB revises GDP growth forecast to 7.0pc

WB revises GDP growth forecast to 7.0pc

FE Report 2019-01-10 09:59:27

The World Bank (WB) has projected a 7.0 per cent economic growth for Bangladesh in fiscal year (FY) 2018-19. The WB has also forecast a 6.8 per cent GDP (gross domestic product) growth for the countr...