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The Financial Express

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Nine cos recommend dividends for the first time after listing

Nine cos recommend dividends for the first time after listing

FE Report 2018-11-03 10:21:07

Some 91 more companies recommended dividend up to 250 per cent for the year ended on June 30, 2018 while 17 companies recommended 'no' dividend last week, according to official disclosures. Of the...

Most NBFIs post fall in nine-month EPS

Most NBFIs post fall in nine-month EPS

FE Online Report 2018-11-02 11:23:18

The earnings of most of the non-bank financial institutions (NBFIs) fell in the nine months to September last compared to that of the corresponding period of last year. According to the un-audited fi...

BRAC Bank posts 4.28pc growth in Jan-Sept profit

BRAC Bank posts 4.28pc growth in Jan-Sept profit

-- 2018-11-02 11:21:46

BRAC Bank Limited posted a Year on Year growth of 4.28 per cent in profit after tax in the nine months to September 30 last, the bank said in statement on Thursday. The disclosure came at a function...

Private credit growth inches lower in Sept

Private credit growth inches lower in Sept

Siddique Islam 2018-11-02 09:56:14

Private sector credit growth fell slightly in September due to lower demand for loans ahead of the national elections, bankers said. Most of the banks are maintaining a 'go-slow' policy for loan disb...

Stocks slide as investors shun risk

Stocks slide as investors shun risk

FE Online Report 2018-11-01 15:56:15

Stocks extended the losing streak for the second day in a row on Thursday, as investors maintained their risk aversion amid poor earnings declarations by a number of companies. Market insiders said i...

Three listed cos recommend dividend

Three listed cos recommend dividend

FE Online Report 2018-11-01 12:10:22

Three listed companies—Kohinoor Chemicals, Orion Pharma and Orion Infusion—have recommended dividend for the year ended on June 30, 2018, according to official disclosures on Thursday. Sa...

DSE starts distribution of cheques among shareholders

DSE starts distribution of cheques among shareholders

FE Report 2018-11-01 10:41:33

The country's premier bourse has started distribution of cheques of the fund received from Chinese consortium to its shareholders. A release of Dhaka Stock Exchange (DSE) said, the DSE started the...

ADN Telecom's IPO share bidding to begin Nov 05

ADN Telecom's IPO share bidding to begin Nov 05

FE Report 2018-11-01 10:38:32

The bidding for determining the cut-off price for initial public offering (IPO) share of ADN Telecom Ltd by the eligible investors is set to begin on November 05. The electronic bidding will contin...

BB relaxes rules on forex forward buy-sale

BB relaxes rules on forex forward buy-sale

Siddique Islam 2018-11-01 09:36:16

The central bank has relaxed regulations on forward sale and purchase of foreign exchange (forex) to bring dynamism in hedging transactions, officials said. Following the relaxations, non-deliverable...

Bangladesh 176th among 190 nations in ease of doing business

Bangladesh 176th among 190 nations in ease of doing business

FE Online Report 2018-10-31 19:10:34

Bangladesh has moved one notch up in the World Bank’s Ease of Doing Business ranking, released this evening across the world. The country has been ranked 176th among 190 countries in the Doing...

Marginalised char people need comprehensive national policy: Atiur

Marginalised char people need comprehensive national policy: Atiur

-- 2018-10-31 17:05:56

Political parties should include a comprehensive national policy in their election manifestos for socio-economic development of the marginalised char people. Former Bangladesh Bank governor Dr. Atiur...

AB Bank to issue Tk 5.0b bond

AB Bank to issue Tk 5.0b bond

FE Online Report 2018-10-31 16:12:33

The board of directors of AB Bank Ltd has decided to issue fully redeemable non-convertible subordinated bond for enhancement of Tier-II capital. The AB Bank subordinated bond-IV will be Tk 5.0 billi...

Stocks struggle for traction

Stocks struggle for traction

FE Online Report 2018-10-31 15:53:22

Stocks slipped into the red on Wednesday, snapping a two-day gaining streak, as risk-averse investors sold shares to some book profits. Market operators said earnings and corporate declarations of...

Five more listed cos recommend dividend

Five more listed cos recommend dividend

FE Online Report 2018-10-31 12:02:31

Five more listed companies have recommended dividend for the year ended on June 30, 2018, according to separate official disclosures on Wednesday. The companies are: JMI Syringe & Medical Devis...

Khulna Power recommends 40pc dividend

Khulna Power recommends 40pc dividend

FE Online Report 2018-10-31 11:25:56

The board of directors of Khulna Power Company has recommended 30 per cent cash and 10 per cent stock dividend for the year ended on June 30, 2018, according to an official disclosure on Wednesday....

DSE, CSE sag in early trading

DSE, CSE sag in early trading

FE Online Report 2018-10-31 11:23:19

The capital market witnessed downward trend in early hour of trading Wednesday as risk-averse investors on booking profits on sector-wise stocks. Following the previous two days’ sharp gain,...

IFIL MD for Islamic inter-bank money mkt

IFIL MD for Islamic inter-bank money mkt

FE Report 2018-10-31 10:43:01

An Islamic inter-bank money market is now required as the shariah-driven financiers' cannot participate in the conventional call money market as a means of short-term borrowing following its contradic...

Berger Paint's EPS soars 29pc in Q2

Berger Paint's EPS soars 29pc in Q2

FE Report 2018-10-31 10:35:00

Berger Paints Bangladesh's earnings per share (EPS) soared 29 per cent in second quarter (Q2) for July-September period of the year compared to the same quarter a year ago. The multinational compan...

External debts up by 141pc in two years

External debts up by 141pc in two years

Munima Sultana 2018-10-31 09:37:41

The volume of Bangladesh's external debts surged by 141 per cent to US$ 54.73 billion in two years to June last, says the central bank. The volume of external debts at the end of March 2016 stood at...

BB issues new guidelines for credit risk management

BB issues new guidelines for credit risk management

-- 2018-10-30 21:49:57

Bangladesh Bank has issued a set of guidelines for credit risk management for the country's scheduled banks with an aim to make the system more effective and time-befitting. The Banking Regulations a...

Stocks climb on buying spree

Stocks climb on buying spree

FE Online Report 2018-10-30 15:44:23

Stocks ended higher, extending their gaining streak for the second day in a row, on Tuesday as investors brought shares on lucrative price levels. The market started the day on positive note and the...

Confidence Cement recommends 15pc cash dividend, 20pc stock dividend

Confidence Cement recommends 15pc cash dividend, 20pc stock dividend

FE Online Report 2018-10-30 12:09:15

The board of directors of Confidence Cement has recommended 15 per cent cash and 20 per cent stock dividend for the year ended on June 30, 2018, according to an official disclosure on Tuesday. The fi...

Wata Chemicals recommends 40pc dividend

Wata Chemicals recommends 40pc dividend

FE Online Report 2018-10-30 11:35:54

The board of directors of Wata Chemicals Limited has recommended 10 per cent cash and 30 per cent stock dividend for the year ended on June 30, 2018, according to an official disclosure on Tuesday. T...

DSE, CSE soar at opening

DSE, CSE soar at opening

FE Online Report 2018-10-30 11:25:20

The prices of most of the shares of both bourses witnessed upward trend in early hour of trading Tuesday as investors are active on sector-wise stocks. Following the previous day’s gain, the...

Most banks witness EPS fall in Jan-Sept

Most banks witness EPS fall in Jan-Sept

FE Report 2018-10-30 11:13:54

The earnings of most of the listed banks plummeted in January-September period of this year compared to that of the same period last year. Market operators said most of the listed banks saw their E...

Singer Q3 revenue rises 26pc

Singer Q3 revenue rises 26pc

FE Desk Report 2018-10-30 11:09:51

Singer Bangladesh Limited witnessed 26.1 per cent rise to Tk 11.6 billion in turnover during the third quarter, ended on September 30, 2018. "This result was achieved despite the heavy rains during...

Libra Infusion's share price jumps 29pc

Libra Infusion's share price jumps 29pc

FE Report 2018-10-30 11:06:36

Share price of Libra Infusion jumped more than 29 per cent following the news that the company recommended 20 per cent stock dividend for the year ended on June 30, 2018. The pharma & chemicals...

Stocks rebound in volatile trading

Stocks rebound in volatile trading

FE Online Report 2018-10-29 15:32:25

Stocks rebounded on Monday, after the key index of the major bourse came down to a fresh 22-month low on Sunday while the markets faced a steep decline. DSEX, the benchmark index of the Dhaka Stock...

Aman Feed recommends 20pc cash dividend, 10pc stock dividend

Aman Feed recommends 20pc cash dividend, 10pc stock dividend

FE Online Report 2018-10-29 14:08:11

The board of directors of Aman Feed Limited has recommended 20 per cent cash and 10 per cent stock dividend for the year ended on June 30, 2018, according to an official disclosure on Monday. The f...

DSE, CSE tread water amid transport strike

DSE, CSE tread water amid transport strike

FE Online Report 2018-10-29 11:54:00

The markets witnessed slow movement in early hour of trading Monday as investors are mostly followed cautious stance amid dividend and earnings declarations. Following the previous day’s sharp...