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The Financial Express

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Stocks witness upturn amid rising turnover

Stocks witness upturn amid rising turnover

FE Online Report 2020-02-13 11:50:18

Stocks witnessed upward trend in early hours of trading on Thursday as investors continued their buying interest on major sectors’ shares after the central bank’s liquidity support measure...

SDG agenda progress may come up for review in April

SDG agenda progress may come up for review in April

Rezaul Karim 2020-02-13 11:38:36

The government is set to review the progress in attainment of sustainable development goals (SDGs) this April, officials said. The progress in the development agenda implementation is likely to come...

SK Trims' production capacity to increase 30pc

SK Trims' production capacity to increase 30pc

FE Report 2020-02-13 10:39:55

SK Trims & Industries has constructed first '5.5 storied' building through IPO fund with a view to enhance its production capacity. The company's board of directors confirmed the completion of...

Shepherd generates highest turnover

Shepherd generates highest turnover

FE Report 2020-02-13 10:37:54

Ten most traded firms accounted for more than 26 per cent transactions on the Dhaka Stock Exchange on Wednesday. Shepherd Industries topped the chart. Market operators said investors showed appetite...

Surplus funds in banks hit Tk 1.0tn, again

Surplus funds in banks hit Tk 1.0tn, again

Siddique Islam 2020-02-13 10:03:08

Banks' excess liquidity has crossed the Tk 1.0 trillion-mark again, fuelled by lower private credit growth in a sign that the investment situation has cooled. Surplus cash surged by nearly 19 per cen...

Coronavirus to affect tourism, aviation sectors

Coronavirus to affect tourism, aviation sectors

-- 2020-02-12 20:49:30

Coronavirus outbreak in China, which has spread to two dozen countries, will negatively affect Bangladesh’s tourism and aviation sectors, a senior government official said Wednesday. “The...

DSE daily turnover hits 11-month high

DSE daily turnover hits 11-month high

FE Online Report 2020-02-12 16:50:09

Stocks kept gaining on Wednesday, with turnover hitting 11-month high, as enthusiastic investors put fresh stakes on stocks riding on central bank’s supportive measures. DSEX, the prime index o...

BSEC allows Delta Hospital to explore cut-off price for IPO

BSEC allows Delta Hospital to explore cut-off price for IPO

FE Report 2020-02-12 11:06:12

The securities regulator has allowed Delta Hospital Ltd to determine its cut-off price through eligible investors' bidding - a requirement for going public under the book building method. The approva...

Investors cheer BB moves

Investors cheer BB moves

FE Report 2020-02-12 11:04:20

Stocks rebounded strongly on Tuesday, snapping a five-day losing streak, as investors gained confidence thanks to the central bank's latest market supportive measures. The market started on a flyin...

India’s persistent anti-dumping duty: Dhaka may turn to WTO for redressal

India’s persistent anti-dumping duty: Dhaka may turn to WTO for redressal

SYFUL ISLAM 2020-02-12 10:09:39

As India declined to lift the anti-dumping duty on Bangladeshi goods, the commerce ministry high-ups have asked one of its wings to start dispute settlement procedure in the World Trade Organisation (...

Green Delta Insurance declares 20pc dividend

Green Delta Insurance declares 20pc dividend

FE Online Report 2020-02-11 19:39:28

The board of directors of Green Delta Insurance Ltd has recommended 15 per cent cash and 5.0 per cent stock dividend for the year ended on December 31, 2019, according to an official disclosure on Tue...

Stocks rebound strongly on BB moves

Stocks rebound strongly on BB moves

FE Online Report 2020-02-11 18:39:26

Stocks rebounded strongly Tuesday, snapping a five-day losing streak as the central bank’s market-supportive moves brought a ray of hope to investors. DSEX, the prime index of the Dhaka Stock E...

ECNEC clears nine projects worth Tk 24.22 billion

ECNEC clears nine projects worth Tk 24.22 billion

-- 2020-02-11 15:36:29

The Executive Committee of the National Economic Council (ECNEC) on Tuesday approved nine projects involving Tk 24.22 billion (2422.27 crore). The approval came from the weekly ECNEC meeting held at...

EPS of two-third engineering companies down in Oct-Dec

EPS of two-third engineering companies down in Oct-Dec

FE Report 2020-02-11 11:27:28

Earnings per share (EPS) of two-third listed engineering companies plummeted in October-December, 2019 compared to that of the same period of last year. Market operators said most of the listed eng...

Core index sheds 121 points in five days

Core index sheds 121 points in five days

FE Report 2020-02-11 11:24:50

Stocks witnessed a modest fall on Monday, extending the losing streak for the fifth straight session, as nervous investors continued their sell-offs on selective issues. DSEX, the prime index of th...

ELBL approves 100pc cash dividend

ELBL approves 100pc cash dividend

FE Desk Report 2020-02-11 11:23:08

The 51st Annual General Meeting (AGM) of Eastern Lubricants Blenders Limited (ELBL) was held in Chattogram city recently, says a statement. Chairman of BPC and ELBL board Md. Shamsur Rahman, also a...

Coronavirus impact: Disruption in supply chain worries RMG exporters

Coronavirus impact: Disruption in supply chain worries RMG exporters

FHM HUMAYAN KABIR 2020-02-11 10:52:19

Bangladesh's clothing industry is likely to be seriously affected by the impact of coronavirus as the country imports almost half its raw materials requirement for the sector, exporters say. They sai...

Divestment of shares: BSEC sits with top executives of seven SoEs next week

Divestment of shares: BSEC sits with top executives of seven SoEs next week

MOHAMMAD MUFAZZAL 2020-02-11 10:46:23

The securities regulator has stepped up its efforts to facilitate the process of divesting the shares of some selected state-owned enterprises (SoEs) in a bid to revamp the country's stock market. As...

Salvaging capital market: BB allows each bank to form Tk 2b fund

Salvaging capital market: BB allows each bank to form Tk 2b fund

SIDDIQUE ISLAM 2020-02-11 10:08:42

The central bank has allowed all scheduled banks to create a special fund worth Tk 2.0 billion each of five-year tenure, only for investment in the capital market, officials said. Under the fresh arr...

Stocks witness modest fall amid low turnover

Stocks witness modest fall amid low turnover

FE Online Report 2020-02-10 16:07:50

Stocks witnessed a modest fall on Monday, extending the losing streak for the fifth straight session, as nervous investors continued their sell-offs on selective issues. DSEX, the prime index of the...

Stocks witness positive trend on buying spree

Stocks witness positive trend on buying spree

-- 2020-02-10 11:51:19

Stocks witnessed positive trend in early hours of trading on Monday as some investors are showing their buying interest on sector-wise issues. Following the previous day’s big fall, the Dhaka...

BRTC Bill awaits parliament nod

BRTC Bill awaits parliament nod

MUNIMA SULTANA 2020-02-10 10:55:18

After long 59 years, the existing Bangladesh Road Transport Corporation Act is going to be revised with the incorporation of a provision to increase its paid-up capital from Tk 60 million to Tk 10 bil...

Singer Bangladesh posts 12.50pc rise in EPS

Singer Bangladesh posts 12.50pc rise in EPS

FE Report 2020-02-10 10:47:15

The earnings per share of Singer Bangladesh Ltd rose 12.50 per cent year-on-year in 2019 thanks to record sales and continued focus on managing operating expenses. The company has reported consolidat...

Kazi Sanaul Hoq joins DSE as MD

Kazi Sanaul Hoq joins DSE as MD

FE Desk Report 2020-02-10 10:43:39

Kazi Sanaul Hoq joined the Dhaka Stock Exchange (DSE) as its managing director on Sunday after getting the regulatory approval in this regard. Earlier on January 09 last, the board of directors of t...

WB to support 1,200 women-owned businesses

WB to support 1,200 women-owned businesses

-- 2020-02-09 16:40:06

The World Bank Group together with WE Connect International on Sunday launched a project to help 1,200 women-owned businesses connect with potential large local and multinational corporate buyers. Wo...

Stocks plummet amid panic sell-offs

Stocks plummet amid panic sell-offs

FE Online Report 2020-02-09 15:52:36

Stocks witnessed a sharp decline on Sunday as worried investors continued their sell-offs on selective large-cap issues. DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 64.20 po...

Four SoCBs to go public by Sept: Finance minister

Four SoCBs to go public by Sept: Finance minister

-- 2020-02-09 15:24:02

The government is planning to offload the shares of four state-owned commercial banks (SoCBs) by September in a bid to boost the stock market, finance minister AHM Mustafa Kamal has said. He made the...

Singer BD declares 77pc cash div

Singer BD declares 77pc cash div

FE ONLINE REPORT 2020-02-09 11:50:43

The board of directors of Singer Bangladesh Limited has recommended 77 per cent cash dividend for the year ended on December 31, 2019. The board has also decided to increase authorized capital from T...

Stocks witness downturn trend in early trading

Stocks witness downturn trend in early trading

FE ONLINE REPORT 2020-02-09 11:49:08

Stocks witnessed downward trend in early hours of trading on Sunday as investors followed mostly cautious stance. Following the previous three days’ correction, the Dhaka Stock Exchange (DSE) a...

Sonali, Janata, Agrani likely to go public

Sonali, Janata, Agrani likely to go public

SYFUL ISLAM 2020-02-09 10:37:57

The government is pressing ahead with its plan to offload shares of three state-owned commercial banks on the stock exchanges, officials said. The authorities have started primary work on divesting t...