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The Financial Express

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Major sectors witness mixed trend

Major sectors witness mixed trend

FE Report 2018-07-21 10:44:14

The major sectors saw mixed trend last week that ended Thursday as investors were active both sides of trading fence amid ongoing earnings and dividend declaration. Of the 19 sectors listed with th...

CSE suspends trading of Rahima Food shares

CSE suspends trading of Rahima Food shares

FE Report 2018-07-20 10:32:56

The Chittagong Stock Exchange (CSE) has suspended the share trading of Rahima Food Corporation Limited as its operation remained closed for more than three years. The suspension came into effect fr...

VFS Thread publishes IPO lottery results

VFS Thread publishes IPO lottery results

FE Report 2018-07-20 10:26:39

VFS Thread Dyeing Limited will allocate 22 million ordinary shares among the successful applicants as the company's IPO lottery draw was held in the capital on Thursday. The IPO lottery result has be...

Legacy Footwear's share jumps 668pc in one year

Legacy Footwear's share jumps 668pc in one year

FE Report 2018-07-20 10:22:28

The share price of Legacy Footwear Limited continued to soar with no apparent reason as the company's share price jumped nearly seven-fold within a year. The price soared 6.24 per cent further on T...

Marico approves 100pc final cash dividend

Marico approves 100pc final cash dividend

FE Desk Report 2018-07-20 10:17:19

Marico Bangladesh Limited (MBL) has approved a final cash dividend of 100 per cent (equivalent to Tk. 10 per share) at its 18th annual general meeting (AGM) at a city hotel recently, according to a st...

GDP growth beats ADB forecast

GDP growth beats ADB forecast

FE Online Report 2018-07-19 20:04:11

Country’s growth has surpassed last forecast at the Asian Development Outlook (ADO) as its agriculture and industry growth was higher than expected, the Asian Development Bank (ADB) has said....

Stocks inch higher after choppy trading

Stocks inch higher after choppy trading

FE Online Report 2018-07-19 16:06:25

Stocks inched higher on Thursday after volatile trading as most of the investors were active both sides of trading fence amid ongoing earnings declaration. The market opened on positive note and ke...

Marico BD declares 150pc interim cash dividend

Marico BD declares 150pc interim cash dividend

FE Online Report 2018-07-19 11:43:43

The board of directors of Marico Bangladesh Limited has declared 150 per cent interim cash dividend, said an official disclosure on Thursday. The board of directors has declared the interim cash di...

IPO lottery draw of VFS Thread today

IPO lottery draw of VFS Thread today

FE Report 2018-07-19 10:37:06

The initial public offering (IPO) lottery draw of VFS Thread Dyeing Ltd will be held today (Thursday), officials said. The event will be held at the auditorium of the Institution of Engineers Banglad...

Berger Paints posts 13pc sales growth

Berger Paints posts 13pc sales growth

Babul Barman 2018-07-19 10:34:58

Berger Fosroc Limited, a joint-venture company of Berger Paints Bangladesh and UK-based construction chemical manufacturer Fosroc International with equal stakes, is set to start commercial operation...

DSE delists Rahima Food, Modern Dyeing

DSE delists Rahima Food, Modern Dyeing

FE Report 2018-07-19 10:26:25

The Dhaka Stock Exchange (DSE) has delisted Rahima Food Corporation and Modern Dyeing & Screen Printing as the companies were not in operation for long time. The board of directors of the premier...

DSE, CSE end marginally higher

DSE, CSE end marginally higher

FE Online Report 2018-07-18 16:29:44

Stocks posted a marginal gain Wednesday after volatile trading as investors opted for buying shares amid ongoing earnings declaration. The market opened on higher note and key index of the premier...

IIBL approves 10pc dividend

IIBL approves 10pc dividend

FE Online Desk 2018-07-18 12:22:12

The board of directors of Islami Insurance Bangladesh Limited (IIBL) has approved 5 per cent cash and 5 per cent stock dividend for the year ended on December 31, 2017. The approval of the dividend c...

Bourses  eke out some gains

Bourses eke out some gains

FE Online Report 2018-07-18 11:50:21

Stocks eked out some gains in early hour of trading Wednesday as some investors are showing buying appetite on sectors amid ongoing earnings declaration. Following the previous day’s downturn...

BSEC approves two bonds of Tk 25b, one IPO of Tk 250m

BSEC approves two bonds of Tk 25b, one IPO of Tk 250m

FE Report 2018-07-18 10:43:48

Investment Corporation of Bangladesh (ICB) will issue subordinated bond to raise a capital worth Tk 20 billion for strengthening its market-supportive role, among others. The Bangladesh Securities...

IPO subscription begins July 22 as HC rescinds stay order

IPO subscription begins July 22 as HC rescinds stay order

FE Report 2018-07-18 10:39:15

The IPO subscription of Indo-Bangla Pharmaceuticals Limited will start on July 22 and end on July 26 as a stay order in this regard has been rescinded. There is no bar to conduct the IPO (initial pub...

LDC graduation: Planning minister calls for more int'l support

LDC graduation: Planning minister calls for more int'l support

FE Report 2018-07-18 10:32:41

Planning Minister AHM Mustafa Kamal has urged the global development and trading partners to extend support for Bangladesh during its graduation to a developing nation status. He said, "A growing n...

Bangladesh calls for increased global support during graduation period

Bangladesh calls for increased global support during graduation period

FE Online Report 2018-07-17 20:56:00

Planning Minister AHM Mustafa Kamal urged global development and trading partners to extend support to Bangladesh during its graduation process to developing nation.  “A growing number of...

BB denies gold scam report

BB denies gold scam report

-- 2018-07-17 20:12:53

The Bangladesh Bank has claimed that the gold kept by the customs at the central bank’s vault was not adulterated. The central bank made the statement at a press conference on Tuesday afternoon...

Stocks see mixed trend at midday

Stocks see mixed trend at midday

FE Online Desk 2018-07-17 12:47:27

The Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw mixed trend in early hours of trading on Tuesday as investors remain cautious in both sides of trading fence. Following th...

Muhith seeks info on state of banks

Muhith seeks info on state of banks

Rezaul Karim 2018-07-17 11:15:32

Finance Minister AMA Muhith has sought detailed and updated information about the country's scheduled banks. Mr Muhith asked the senior secretary of the Financial Institutions Division (FID) to take...

Share price of Monno Jute Stafflers exceeds Tk 4,000 each

Share price of Monno Jute Stafflers exceeds Tk 4,000 each

FE Report 2018-07-17 10:27:15

The price of shares of Monno Jute Stafflers continued to soar unusually as its share price jumped 5.0 per cent further, exceeding Tk 4,000 per share on Monday. The share price increased Tk 191.31 e...

Bidding for Laldia terminal by July

Bidding for Laldia terminal by July

Syful Islam 2018-07-17 10:19:11

The bidding for the construction of Laldia multi-purpose terminal in Chattogram will take place by this month, officials said. To this end, the Public-Private Partnership Authority (PPPA) has recentl...

Govt's revenue from capital market falls 7.61pc in FY'18

Govt's revenue from capital market falls 7.61pc in FY'18

Mohammad Mufazzal 2018-07-17 09:57:58

The government's revenue earnings from the capital market declined 7.61 per cent or Tk 312.70 million in the just concluded fiscal year (FY 2017-18) compared to the previous FY. The earnings declined...

Stocks end flat with falling turnover

Stocks end flat with falling turnover

FE Online Report 2018-07-16 17:19:04

Stocks ended almost flat on Monday as late hours selling pressure wiped most of the early gains. Dealers said the risk-averse investors sold shares in the later part of the session amid ongoing ear...

GP shares jump on profit growth

GP shares jump on profit growth

-- 2018-07-16 13:36:48

Shares of Grameenphone, the Bangladesh unit of Norway’s Telenor, surged as much as 4.93 per cent to its highest intraday level since Jun 26 on the Dhaka Stock Exchange (DSE). The company report...

Govt extends IPO quota facility for one more yr

Govt extends IPO quota facility for one more yr

FE Report 2018-07-16 11:16:16

The government has extended the IPO quota facility for one more year to June 30 next year for the small investors, who were affected by the capital market debacles in 2010-11. The finance ministry is...

Microcredit gains momentum

Microcredit gains momentum

FE Report 2018-07-16 10:39:32

The number of microcredit beneficiaries across the country rose significantly in one year to June 2016, according to the Microcredit Regulatory Authority (MRA) data. The total number of loan recipien...

Record govt servants to retire this FY

Record govt servants to retire this FY

Jasim Uddin Haroon 2018-07-16 09:54:29

A record number of public servants are set to go into retirement during the current fiscal year (FY), 2018-19. The government will require an amount estimated at Tk 260.47 billion to meet their pensi...

Stocks begin week on negative note

Stocks begin week on negative note

FE Online Report 2018-07-15 19:47:14

Stocks extended losses for the second straight session on Sunday as investors continued on selling shares. However, daily trade turnover exceeded Tk 9.0 billion-mark and stood at Tk 9.55 billion on t...