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The Financial Express

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DSE suspends trading of Khulna Power

DSE suspends trading of Khulna Power

FE Online Report 2018-11-07 13:31:57

The board of directors of Dhaka Stock Exchange (DSE) suspended the trading of Khulna Power Company Ltd (KPCL) with effect from today (Wednesday) for indefinite period. The DSE board, in its meeting h...

Stocks drift higher in early trade

Stocks drift higher in early trade

FE Online Report 2018-11-07 11:33:31

The prices of most of the shares on the bourses witnessed positive trend in early hour of trading Wednesday as some investors are active on sector-wise issues. Following the previous five days&rsq...

DSEX at lowest level in nearly 23 months

DSEX at lowest level in nearly 23 months

FE Report 2018-11-07 10:45:34

Stocks slid for the fifth consecutive session on Tuesday with the core index of the Dhaka Stock Exchange (DSE) falling to a nearly 23-month low. The DSEX, the prime index of the DSE, fell by 20.58 po...

ICB to resume supportive operations from today

ICB to resume supportive operations from today

FE Report 2018-11-07 10:39:01

The state-run Investment Corporation of Bangladesh (ICB) will resume much-talked investment in the capital market from today (Wednesday) as part of the corporation's market supportive measure. The IC...

BSEC approves IPO of Runner Automobiles

BSEC approves IPO of Runner Automobiles

FE Report 2018-11-07 10:31:39

The securities regulator has approved the IPO (initial public offering) proposal of Runner Automobiles which will raise a capital worth Tk 1.0 billion under book building method. On completion of rel...

Novartis pays 20pc dividend to shareholders

Novartis pays 20pc dividend to shareholders

FE Desk Report 2018-11-07 10:23:01

Novartis (Bangladesh) Limited paid dividend for the Financial Year 2017 to Bangladesh Chemical Industries Corporation (BCIC), 40 per cent shareholder of Novartis Bangladesh, according to a statement....

Remittance inflow rises by 12pc in first four months of FY'19

Remittance inflow rises by 12pc in first four months of FY'19

FE Report 2018-11-07 10:01:40

The inflow of wage earners remittances crossed US$5.0 billion in the first four months of the current fiscal year (FY) due to depreciating mode of the local currency against the US dollar in the recen...

July-Oct export earnings stand at $13.65b

July-Oct export earnings stand at $13.65b

FE Online Report 2018-11-06 21:32:02

Export earnings from the country’s merchandise shipment during the first four months of current fiscal year (FY19) stood at $13.65 billion marking, an 18.65 per cent growth over the correspondin...

Stocks continue red amid political tension

Stocks continue red amid political tension

FE Online Report 2018-11-06 15:44:38

Stocks extended the losing streak for the five consecutive sessions on Tuesday as cautious investors continued their selling binge on sector-wise issues amid political tension. Market operators said...

Atlas Bangladesh recommends 10pc dividend

Atlas Bangladesh recommends 10pc dividend

FE Online Report 2018-11-06 12:00:56

The board of directors of Atlas Bangladesh has recommended 10 per cent stock dividend for the year ended on June 30, 2018. The final approval of dividend will come during the annual general meeting...

Stocks witness downturn in cautious stance

Stocks witness downturn in cautious stance

FE Online Report 2018-11-06 11:38:33

The prices of most of the shares on bourses witnessed downward trend in early hour of trading Tuesday as investors mostly followed cautious stance. Following the previous four days’ correction,...

Pharma Aids recommends 50pc cash dividend

Pharma Aids recommends 50pc cash dividend

FE Online Report 2018-11-06 11:04:51

The board of directors of Pharma Aids has recommended 50 per cent cash dividend for the year ended on June 30, 2018. The final approval of dividend will come during the Annual General Meeting (AGM) s...

Two-third gen insurance cos post rise in Q3

Two-third gen insurance cos post rise in Q3

FE Report 2018-11-06 10:37:12

The earnings of most of the listed general insurance companies rose in the nine months to September last compared to that of the corresponding period last year. According to the un-audited financia...

Standard Ceramic recommends 2.0pc div

Standard Ceramic recommends 2.0pc div

FE Online Report 2018-11-05 20:43:00

The board of directors of Standard Ceramic Industries Ltd has recommended 2.0 per cent cash dividend for general shareholders only (other than sponsors and directors) for the year ended on June 30,...

Stocks keep losing for fourth straight day

Stocks keep losing for fourth straight day

FE Online Report 2018-11-05 15:43:14

Stocks witnessed yet another downbeat session on Monday, extending the losing streak for the fourth straight session as investors mostly followed cautious stance. Market operators said lower than exp...

Matin Spinning recommends 17pc cash dividend

Matin Spinning recommends 17pc cash dividend

FE Online Report 2018-11-05 11:58:41

The board of directors of Matin Spinning Mills has recommended 17 per cent cash dividend for the year ended on June 30, 2018, according to an official disclosure on Monday. The final approval of divi...

Economic inequality on rise despite growth

Economic inequality on rise despite growth

FE Report 2018-11-05 11:10:57

Bangladesh economy has become more 'unequal' during the recent decade, particularly between 2010 and 2016, despite the country's ongoing growth, opined economist Dr Debapriya Bhattacharya. Asset in...

Power Grid Company recommends 17pc cash dividend

Power Grid Company recommends 17pc cash dividend

FE Online Report 2018-11-05 11:06:48

The board of directors of Power Grid Company of Bangladesh Limited has recommended 17 per cent cash dividend for the year ended on June 30, 2018, according to an official disclosure on Monday. The fi...

Sluggish turnover affects govt earning from DSE

Sluggish turnover affects govt earning from DSE

Babul Barman 2018-11-05 10:11:19

The government revenue earnings from the Dhaka bourse fell 12 per cent month-on-month in October this year on the back of falling trade volumes. Market insiders said sluggish trading activities coupl...

Govt mulls inclusive social safety net

Govt mulls inclusive social safety net

FE Report 2018-11-05 09:57:24

The government launched an action plan for the National Social Security Strategy (NSSS) on Sunday with models of South Africa, Lesotho and Nepal. The NSSS aims to build an inclusive social security s...

Over 5.8m workers went abroad with jobs in last nine years

Over 5.8m workers went abroad with jobs in last nine years

-- 2018-11-04 21:47:52

Manpower exports witnessed a record rise over the last nine years as the country sent more than 5.8 million workers abroad between 2009 and October 2018. During the period the country received over $...

ECNEC approves 39 projects involving Tk 866.87 billion

ECNEC approves 39 projects involving Tk 866.87 billion

-- 2018-11-04 21:09:17

The Executive Committee of the National Economic Council (ECNEC) on Sunday approved 39 projects involving an overall cost of Tk 866.87 billion. The approval came from the ECNEC meeting held at NEC co...

Stocks extend loss for third straight day

Stocks extend loss for third straight day

FE Online Report 2018-11-04 16:41:36

Stocks witnessed moderate correction on Sunday, extending the losing streak for the third straight session, amid poor earnings and dividend declarations. Market operators said lower than expected div...

Policy Dialogue on Unpaid Care Work: Election Manifesto Perspective Nov 5

Policy Dialogue on Unpaid Care Work: Election Manifesto Perspective Nov 5

FE Online Desk 2018-11-04 13:17:34

ActionAid Bangladesh (AAB) and Dhaka University Debating Society (DUDS) will hold a Policy Dialogue on Unpaid Care Work: Election Manifesto Perspective on November 5 at TSC Auditorium of Dhaka Univers...

Shepherd Industries to invest Tk 250m in Shepherd Textile

Shepherd Industries to invest Tk 250m in Shepherd Textile

FE Online Report 2018-11-04 12:27:14

The board of directors of Shepherd Industries has decided to invest Tk 250 million in paid-up capital of Shepherd Textile, a non-listed company, subject to approval of the securities regulator. The b...

Five more listed cos recommend dividends

Five more listed cos recommend dividends

FE Online Report 2018-11-04 12:07:58

Five more listed companies have recommended dividends for the year ended on June 30, 2018, according to separate official disclosures on Sunday. The companies are: Bangas, Fu-Wang Ceramic, Regent Tex...

KDS Accessories posts 31pc revenue growth

KDS Accessories posts 31pc revenue growth

Babul Barman 2018-11-04 10:03:34

KDS Accessories, a Chittagong-based leading garment accessories producer, maintained a steady sales and profit growth since listing on the bourses. The garment accessories maker posted a 31 per cent...

ADN Telecom's IPO bidding begins tomorrow

ADN Telecom's IPO bidding begins tomorrow

FE Report 2018-11-04 09:55:06

The bidding for discovering cut-off price for initial public offering (IPO) of ADN Telecom Ltd by eligible investors will begin tomorrow (Monday). The electronic bidding will continue until 5.00pm on...

ECNEC likely to endorse 25 projects tomorrow

ECNEC likely to endorse 25 projects tomorrow

FE Report 2018-11-03 14:04:41

The government is likely to approve nearly 25 development projects on 'political consideration' tomorrow (Sunday). Of these, some nine projects of one public agency will be tabled for endorsement, off...

Stocks extend losses amid poor earnings disclosure

Stocks extend losses amid poor earnings disclosure

FE Report 2018-11-03 10:24:47

Stocks posted marginal correction last week, extending the losing streak for the third straight week, amid poor earning disclosures by a number of companies. Market operators said earnings and divi...