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The Financial Express
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HSBC to overhaul business model

HSBC to overhaul business model

Reuters 2020-10-27 15:37:05

HSBC Holdings on Tuesday signalled it would embark on a pandemic-induced overhaul of its business model, seeking to flip its main source of income from interest rates to fee-based businesses. Reporti...

Surging coronavirus cases subdue Asian shares

Surging coronavirus cases subdue Asian shares

-- 2020-10-26 13:52:23

Asian shares got the week off to a hesitant start on Monday as surging coronavirus (Covid-19) cases in Europe and the United States undermined the global outlook, while China’s leaders meet to p...

BB favours bond issued by stock market intermediaries to increase liquidity

BB favours bond issued by stock market intermediaries to increase liquidity

SIDDIQUE ISLAM and MOHAMMAD MUFAZZAL 2020-10-26 09:50:13

The central bank has suggested that the securities regulator allow stock market intermediaries to issue bonds for improving the inflow of liquidity in the country's capital market. The suggestion cam...

Ant may raise up to $17b in Shanghai IPO leg

Ant may raise up to $17b in Shanghai IPO leg

Reuters 2020-10-25 13:03:15

China’s Ant Group could raise up to $17.3 billion in the Shanghai leg of the likely $35 billion dual listing, the world’s largest ever, after some large investors submitted bids in the ran...

DSE opens week on negative note

DSE opens week on negative note

FE Online Report 2020-10-25 12:33:25

The Dhaka bourse opened the week’s session marginally lower on Sunday amid mixed performance of large cap companies. Investors’ participation was concentrated mostly on small cap companie...

Benchmark index, turnover edge up on DSE

Benchmark index, turnover edge up on DSE

FE Report 2020-10-24 10:16:01

Dhaka bourse in last week posted a marginal rise in broad index and a moderate rise in turnover as major sectors performed mixed following investors' stance of diversifying portfolios. Dhaka Stock Ex...

DSE MD Kazi Sanaul Hoq resigns

DSE MD Kazi Sanaul Hoq resigns

-- 2020-10-21 20:29:52

Managing Director of Dhaka Stock Exchange Kazi Sanaul Hoq has stepped down from his post citing personal reasons. Sanaul submitted the resignation letter on October 8, the DSE said in a statement on...

Dhaka bourse posts modest gain in early trading

Dhaka bourse posts modest gain in early trading

FE Online Report 2020-10-21 11:44:59

Dhaka bourse on Wednesday made a positive start following investors’ increased participation, mostly on small cap companies including insurers. After one hour of the session, DSEX, the broad in...

Regent Textile to acquire 99pc shares of Legacy Fashion

Regent Textile to acquire 99pc shares of Legacy Fashion

FE REPORT 2020-10-21 10:53:39

Regent Textile Mills, a listed company, will acquire 99 per cent shares of Legacy Fashion at a value of Tk 830.115 million based on net asset value reported in the financial statement for the year end...

Dhaka stocks maintain positive trend at midday

Dhaka stocks maintain positive trend at midday

FE Online Report 2020-10-20 12:47:13

Dhaka bourse on Tuesday opened on positive note and maintained the trend for more than two hours following investors’ increased participations. Traders’ participation was mostly concentra...

Cut-off price of Lub-rref share set at Tk 30 each

Cut-off price of Lub-rref share set at Tk 30 each

FE ONLINE REPORT 2020-10-19 18:31:53

The cut-off price of shares of Lub-rref (Bangladesh) Ltd, a local lubricant producer, has been fixed at Tk 30 each through electronic bidding by eligible investors. The eligible investors took part i...

IPO bidding of Index Agro begins Nov 1

IPO bidding of Index Agro begins Nov 1

FE Online Report 2020-10-19 17:10:50

The bidding for eligible investors (EIs) to explore the cut-off price of shares of Index Agro Industries Ltd will commence at 5:00pm from November 1. The company’s price bidding through electro...

Community Bank Bangladesh Ltd holds 17th Board Meeting

Community Bank Bangladesh Ltd holds 17th Board Meeting

-- 2020-10-19 14:22:40

The 17th Board Meeting of the Community Bank Bangladesh Ltd was held at the Police Headquarters in Dhaka on Sunday, 18 October 2020. The meeting was chaired by Inspector General of Bangladesh Police...

Insurance shares lift Dhaka stocks

Insurance shares lift Dhaka stocks

FE ONLINE REPORT 2020-10-18 13:08:10

Dhaka bourse displayed an enthusiastic start on Sunday as gainers took control over the losers following investors' participation in sector-specific stocks. Of the listed securities, insurers dominat...

BSEC slaps two-year lock-in on Robi employees' shares

BSEC slaps two-year lock-in on Robi employees' shares

FE Report 2020-10-18 09:29:35

The securities regulator has imposed a two-year lock-in on Robi Axiata's shares which will be allotted to its employees. The Bangladesh Securities and Exchange Commission (BSEC) has mentioned the loc...

European shares bounce back from two-week lows

European shares bounce back from two-week lows

-- 2020-10-16 14:20:55

European shares bounced from two-week lows on Friday but were still set for weekly losses after a sell-off that was marked by fears of a second wave of COVID-19 infections, Brexit-related uncertainty...

Stocks rebound amid low turnover

Stocks rebound amid low turnover

FE ONLINE REPORT 2020-10-15 15:44:41

Stocks rebounded on Thursday, after remaining flat in the previous session, as optimistic investors showed their buying appetite on sector-specific issues. DSEX, the prime index of the Dhaka Stock Ex...

Mercantile Bank to issue Tk 7.0b Perpetual Bond

Mercantile Bank to issue Tk 7.0b Perpetual Bond

FE ONLINE REPORT 2020-10-15 12:13:21

The board of directors of Mercantile Bank Limited (MBL) has decided to issue Perpetual Bond up to Tk 7.0 billion, said an official disclosure on Thursday. The bank will issue the bond for raising fun...

Dhaka stocks open higher amid low turnover

Dhaka stocks open higher amid low turnover

FE ONLINE REPORT 2020-10-15 11:33:21

Stocks on the Dhaka bourse witnessed an upward trend in the early trading on Thursday as bargain hunters were showing their buying appetite on sector-specific issues. Following the previous day&rsquo...

ACME launches Zolpidem tablet in the US market

ACME launches Zolpidem tablet in the US market

FE ONLINE REPORT 2020-10-15 10:57:35

The ACME Laboratories, the country’s oldest pharmaceutical company, has informed that they had launched Zolpidem (5 mg. and 10 mg.) tablet in the US market through contact manufacturing. The ph...

Stocks end mostly flat after volatile trading

Stocks end mostly flat after volatile trading

FE ONLINE REPORT 2020-10-14 16:11:19

Stocks ended almost flat on Wednesday after choppy trading as investors were active on both sides of the trading fence. Following the previous day’s gain, the market opened higher and the key i...

KDS Accessories to invest Tk 144.50m for automation

KDS Accessories to invest Tk 144.50m for automation

FE ONLINE REPORT 2020-10-14 11:47:04

The board of directors of KDS Accessories Ltd has decided to invest Tk 144.50 million (estimated) for finishing line automation. The said amount will be used for procuring machineries and civil const...

Stocks post modest gain at opening amid low turnover

Stocks post modest gain at opening amid low turnover

FE ONLINE REPORT 2020-10-14 11:02:27

Stocks posted a marginal gain in early trading on Wednesday as investors showed their buying appetite on sector-specific issues. Following the previous day’s positive trend, the Dhaka Stock Exc...

GPH Ispat to export MS billet to China

GPH Ispat to export MS billet to China

FE ONLINE REPORT 2020-10-13 19:49:58

The board of directors of GPH Ispat Ltd has decided to enter into a contract for export of 25,000 metric tonnes MS billet to China. The contract value of the said export is about $10,175,000. This e...

Stocks return to green after three days

Stocks return to green after three days

FE ONLINE REPORT 2020-10-13 16:12:20

Stocks returned to the green on Tuesday, after remaining down in the past three trading sessions, as optimistic investors showed their buying appetite on sector-specific issues. DSEX, the prime index...

Asian shares recoup early losses, buoyed by Chinese trade data

Asian shares recoup early losses, buoyed by Chinese trade data

REUTERS 2020-10-13 15:44:06

Asian stock markets steadied on Tuesday after Chinese trade data underscored the country’s economic recovery, while fresh optimism about US stimulus is likely to keep global investor sentiment e...

Bourses witness downturn in early trading

Bourses witness downturn in early trading

FE ONLINE REPORT 2020-10-13 11:14:53

Stocks witnessed a downward trend in the early trading on Tuesday as shaky investors continued their selling binge on sector-wise issues amid earning disclosure session. Following the previous three...

Envoy Textile recommends 5.0pc cash dividend

Envoy Textile recommends 5.0pc cash dividend

FE ONLINE REPORT 2020-10-13 10:48:08

The board of directors of Envoy Textile has recommended 5.0 per cent cash dividend for the year ended on June 30, 2020. The final approval of dividend will come during the Annual General Meeting (AGM...

Unilever UK shareholders back unification plan

Unilever UK shareholders back unification plan

Reuters 2020-10-13 10:30:23

Shareholders in Unilever Plc have approved the company's plan to end its 90-year-old dual-headed structure in favour of a single London-based entity, the Anglo-Dutch consumer goods company said o...

Olympic Industries to import brand new machinery worth Tk 49.26m

Olympic Industries to import brand new machinery worth Tk 49.26m

FE ONLINE REPORT 2020-10-12 17:58:55

The board of directors of Olympic Industries has decided to import a brand new complete set of machinery, equipment and spares from China at an estimated total cost of US$ 579,600 equivalent around Tk...