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The Financial Express

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Indo-Bangla Pharma's IPO gets 34 times higher subscription

Indo-Bangla Pharma's IPO gets 34 times higher subscription

FE Report 2018-09-03 10:53:37

The initial public offering (IPO) lottery draw of Indo-Bangla Pharmaceuticals will be held on September 11, officials said. The event will be held at 10:30 am at the auditorium of the Institution o...

Only 11 cos get BSEC approval to go public in eight years

Only 11 cos get BSEC approval to go public in eight years

Mohammad Mufazzal 2018-09-03 09:51:17

Only 11 companies got the regulatory consent to offload shares in the capital market under book-building method since the introduction of such a price discovery method in 2010. Some 80 companies, mea...

BB moves to raise remittance flow from Japan, S Korea

BB moves to raise remittance flow from Japan, S Korea

Siddique Islam 2018-09-03 09:47:48

The central bank of Bangladesh has taken initiatives to expedite the flow of inward remittances from Japan and South Korea, officials said. Under the latest moves, the Bangladesh Bank (BB) is giving...

BoP hits negative territory in seven years

BoP hits negative territory in seven years

Jasim Uddin Haroon 2018-09-03 09:41:44

Bangladesh's overall balance of payments (BoP) posted US$ 885 million deficit during the last fiscal year (FY 2018), compared with a surplus of $ 3.2 billion in FY 2017. This means the BoP hit the ne...

DSE market cap sheds  Tk 266b in eight months

DSE market cap sheds Tk 266b in eight months

Babul Barman 2018-09-03 00:21:39

The market capitalisation of Dhaka Stock Exchange (DSE) declined by about Tk 266 billion in last eight months as investors were on selling binge. The total market cap was Tk 4,228 billion on the open...

DSE transfers 25pc stake to Chinese partner Tuesday

DSE transfers 25pc stake to Chinese partner Tuesday

FE Report 2018-09-02 09:26:35

The Dhaka Stock Exchange (DSE) will formally transfer 25 per cent of its shares to its Chinese strategic partner on Tuesday next on receipt of the stipulated amount of fund. On the same day, the DSE...

Stocks keep gaining for fifth straight week

Stocks keep gaining for fifth straight week

FE Report 2018-09-01 10:43:21

Stocks maintained the gaining streak for the fifth straight week, as investors showed their appetite for sector-wise stocks last week. Market operators said the stocks kept their gaining streak as a...

Most sectors end week in green zone

Most sectors end week in green zone

FE Report 2018-09-01 10:36:12

Most of the sectors in the Dhaka stock market posted positive return in the week to Thursday with the fuel & power sector making the highest gain ahead of dividend declarations. Of the 19 sectors...

Interest rate spread falls to 4.31pc in July

Interest rate spread falls to 4.31pc in July

Siddique Islam 2018-09-01 10:04:04

Interest rate spread in the country's banking sector decreased in July, as the commercial banks slashed their interest rates further on lending than deposit, officials said. The weighted average spre...

BB decides to sue RCBC to recover stolen reserve

BB decides to sue RCBC to recover stolen reserve

Syful Islam 2018-09-01 09:54:10

The Bangladesh Bank (BB) will file a case against the Rizal Commercial Banking Corporation (RCBC) of the Philippines in January next, unless the stolen reserve money is recovered normally. The centra...

Aus paddy harvest starts, bumper yield likely

Aus paddy harvest starts, bumper yield likely

FE Report 2018-09-01 09:38:19

The harvest of Aus paddy has begun across the country, raising hope among the farmers of getting another bumper output this year. Paddy price is much higher this year than that of last year due to de...

AIIB directors to visit development projects

AIIB directors to visit development projects

FE Online Desk 2018-08-31 10:42:08

A high-powered delegation from China-led Asian Infrastructure Investment Bank (AIIB) will visit Bangladesh to inspect some development projects, officials said on Thursday. Officials at the Economic...

PM for categorising 14 sectors to tap Bimstec potentials

PM for categorising 14 sectors to tap Bimstec potentials

-- 2018-08-30 18:29:24

Prime Minister Sheikh Hasina on Thursday proposed categorising 14 sectors into several clusters to make them more synergised for achieving an early dividend from Bimstec, reports UNB. "To achieve an...

Silva Pharma publishes IPO lottery results

Silva Pharma publishes IPO lottery results

FE Online Report 2018-08-30 18:09:48

Silva Pharmaceuticals is set to allocate 30 million ordinary shares among successful applicants as the company’s IPO lottery draw was held on Thursday. The event was held at the auditorium of t...

DSE loses ground after choppy trading

DSE loses ground after choppy trading

FE Online Report 2018-08-30 15:25:12

The Dhaka Stock Exchange (DSE) ended slightly lower on Thursday amid volatile trading as investors went on late hours profit booking selling spree. Analysts said the market edged down as some inves...

UCB to issue Tk 8.0 billion bond

UCB to issue Tk 8.0 billion bond

FE Online Report 2018-08-30 12:17:49

The board of directors of United Commercial Bank (UCB) has approved the issuance of Tk 8.0 billion non-convertible subordinated bond. The bank will issue the bond as part of Tier-II regulatory capi...

Bourses open with positive trend

Bourses open with positive trend

FE Online Report 2018-08-30 11:39:36

The prices of most of the stocks on bourses witnessed positive trend in early hour of trading on Thursday as investors are showing their buying appetite on sector-wise issues. Following the previou...

VFS Thread to make share trading debut Sept 9

VFS Thread to make share trading debut Sept 9

FE Online Report 2018-08-29 16:31:21

VFS Thread Dyeing will make its share trading debut on September 09 on both bourses under “N” category, officials said. DSE trading code for the company is “VFSTDL” and DSE co...

Stocks creep lower on selling binge

Stocks creep lower on selling binge

FE Online Report 2018-08-29 15:25:27

Stocks slipped into the red on Wednesday as investors went on late hours selling of shares on major sectors. Market insiders said the retail investors went for booking profits, especially banking and...

GSK’s EGM on pharma unit closure Oct 14

GSK’s EGM on pharma unit closure Oct 14

FE Online Report 2018-08-29 12:13:36

GlaxoSmithKline informed that an extraordinary general meeting (EGM) regarding closure of their pharmaceuticals unit will be held on October 14. The EGM will be held at 11am to consider and approve t...

Stocks inch up in thin trading at opening

Stocks inch up in thin trading at opening

FE Online Report 2018-08-29 11:20:36

The prices of most of the shares on both bourses witnessed positive trend in early hour of trading on Wednesday as investors are showing their buying appetite on sector-wise issues. Following the pre...

Talks on to set agendas for BIMSTEC Summit

Talks on to set agendas for BIMSTEC Summit

FE Report 2018-08-29 11:11:32

Foreign secretary level officials of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) member states held a pre-summit meeting in Kathmandu, Nepal on Tuesd...

Share price of Samata Leather soaring despite capital shortage

Share price of Samata Leather soaring despite capital shortage

FE Report 2018-08-29 10:37:36

The share price of Samata Leather Complex, a "Z" category company, is soaring despite the company facing shortage of working capital. In five trading days, the share price jumped nearly 38 per cent o...

United Power tops turnover chart of DSE

United Power tops turnover chart of DSE

FE Report 2018-08-29 10:32:24

Top ten traded companies captured 30 per cent transaction of the Dhaka Stock Exchange (DSE) on Tuesday while United Power topping the list. Market insiders said investors were mostly active on Unit...

DSEX crosses 5,600-mark after four months

DSEX crosses 5,600-mark after four months

FE Online Report 2018-08-28 17:12:05

Stocks backed to higher on Tuesday, after single-day break, with core index of the prime bourse crossing the 5,600-mark after four months. Analysts said the market returned to higher amid increased p...

IPO subscription of Kattali Textile opens

IPO subscription of Kattali Textile opens

FE Online Report 2018-08-28 12:18:46

The initial public offering (IPO) subscription of Kattali Textile opened today (Tuesday) at 10:00am, according to DSE website. Applicants will be able to apply for the IPO subscription of the company...

Bourses mostly higher on buying spree

Bourses mostly higher on buying spree

FE Online Report 2018-08-28 12:04:10

The prices of most of the stocks on both bourses saw an upward trend in early hour of trading on Tuesday as investors were showing their buying appetite on sector specific stocks. Following the previ...

DSE gets fund from Chinese strategic partner 'in a week'

DSE gets fund from Chinese strategic partner 'in a week'

FE Report 2018-08-28 10:11:52

The Dhaka Stock Exchange (DSE) is set to receive the fund from its Chinese strategic partner, which is a consortium of two stock exchanges, within a week against the DSE's shares sold to the partner....

No 'headway' yet in BSEC e-data move

No 'headway' yet in BSEC e-data move

Mohammad Mufazzal 2018-08-28 09:40:16

The proposed Electronic Data Gathering, Analysis and Retrieval (EDGAR) system of the securities regulator has not made any visible progress yet, though the move was initiated two years ago. The Bangl...

DSE slip into red after five days

DSE slip into red after five days

FE Online Report 2018-08-27 15:32:00

Dhaka stocks slipped into the red on Monday, snapping a five-day gaining streak, as risk-averse investors opted to book some profits. Following the previous five days’ upward movement, the Dh...