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The Financial Express

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GP declares 40pc final cash div

GP declares 40pc final cash div

FE Online Report 2020-01-28 12:18:11

The board of directors of Grameenphone has recommended 40 per cent final cash dividend (i.e. total 130 per cent cash dividend for the year ended on December 31, 2019, said an official disclosure on Tu...

Bourses fall as investors take cautious stance

Bourses fall as investors take cautious stance

FE Online Report 2020-01-28 11:48:03

Stocks witnessed downward trend in early hours of trading on Tuesday as investors mostly followed cautious stance. Following the previous day’s correction, the Dhaka Stock Exchange (DSE) and th...

ICB bleeds for two consecutive quarters

ICB bleeds for two consecutive quarters

FE REPORT 2020-01-28 10:59:53

The Investment Corporation of Bangladesh (ICB) incurred losses for last two consecutive quarters ended by December, 2019 due to 'decrease' in capital profit and 'increase' in loan interest. The state...

Stocks snap three-day winning streak on Monday

Stocks snap three-day winning streak on Monday

FE ONLINE REPORT 2020-01-27 17:51:33

Stocks slipped into the red on Monday, snapping a three-day gaining streak, as risk-averse investors went on selling binge on sector-wise issues. DSEX, the prime index of the Dhaka Stock Exchange, we...

AIBL to form subsidiary, issue bond

AIBL to form subsidiary, issue bond

FE Online Report 2020-01-27 11:59:25

The board of directors of Al-Arafah Islami Bank (AIBL) Limited has decided to form a subsidiary company for its Mobile Financial Services (MFS) business jointly with Green More Limited, said an offici...

Stocks descent in early trading

Stocks descent in early trading

FE Online Report 2020-01-27 11:52:40

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

Number of active BO accounts dips

Number of active BO accounts dips

FE Report 2020-01-25 12:05:09

Some 234,503 beneficiary owners' (BO) accounts were closed in last 12 months since January 23, 2019 due to non-payment of maintenance fees, regulatory move and depressed capital market outlook. The n...

Stocks rebound strongly on govt move

Stocks rebound strongly on govt move

Babul Barman 2020-01-25 11:48:28

Stocks rebounded strongly in the outgoing week, snapping a two-week losing streak amid growing investors' confidence in the market. Week on week, DSEX, the prime index of the Dhaka Stock Exchange (DS...

Asian Paints wants to raise its market stake

Asian Paints wants to raise its market stake

FE REPORT 2020-01-25 11:45:58

Asian Paints Limited wants to raise its stake in Bangladesh's growing paint market on the back of the demand for quality materials. To this end, Bangladesh wing of the multinational company has sta...

LafargeHolcim dominates DSE turnover chart

LafargeHolcim dominates DSE turnover chart

FE Report 2020-01-25 11:28:21

LafargeHolcim Bangladesh Limited dominated the Dhaka Stock Exchange's turnover chart last week that ended on Thursday. Ten most traded companies accounted for nearly 30 per cent transactions on the p...

Top ten shares grab 28.62pc of turnover

Top ten shares grab 28.62pc of turnover

FE REPORT 2020-01-24 11:36:00

Top 10 traded stocks on Thursday grabbed 28.62 per cent of the turnover on the Dhaka Stock Exchange (DSE). On the day, the DSE featured a turnover of Tk 5.14 billion, of which Tk 1.47 billion came fr...

People's Leasing sees trading suspension extended

People's Leasing sees trading suspension extended

FE DESK REPORT 2020-01-24 11:33:37

People's Leasing & Financial Services Ltd has witnessed further extension of its share trading suspension, according to CSE news. Referring to the earlier news disseminated on 09.01.2020 regardin...

Prospectus of Ekush First Unit Fund approved

Prospectus of Ekush First Unit Fund approved

FE Report 2020-01-23 11:36:08

The securities regulator has approved the bourses' proposals of appointing their managing directors. The approvals came on Wednesday at a meeting held at the office of the Bangladesh Securities and E...

Sea Pearl price soars 46pc in five sessions

Sea Pearl price soars 46pc in five sessions

FE Report 2020-01-23 11:33:49

The share price of Sea Pearl Beach Resort & Spa rose 46 per cent in last five sessions executed from the day of publishing quarterly statement that shows the company's EPS has declined. The compa...

Beacon Pharma tops turnover chart

Beacon Pharma tops turnover chart

FE Report 2020-01-21 10:55:40

Beacon Pharmaceuticals on Monday topped the scrip-wise turnover chart riding on investors' increased participation in main board and the transactions executed in block board. On the day, the company...

Merchant bankers' plea for raising funds

Merchant bankers' plea for raising funds

FE REPORT 2020-01-21 10:25:29

Merchant bankers on Monday called for increased fund support and quality public offerings to help restore stability in the country's capital market. To attract good and sound companies to the stock m...

Padma Oil Co approves 130pc dividend

Padma Oil Co approves 130pc dividend

Our Correspondent 2020-01-20 11:22:10

Padma Oil Company Limited (POCL), a leading fuel oil company of the country, has approved 130 per cent dividend for shareholders of the company for the 2018-19 financial year. The approval came at th...

BB rolls out capital market support plan this week

BB rolls out capital market support plan this week

SIDDIQUE ISLAM 2020-01-20 09:47:27

The central bank is set to announce a long-term comprehensive plan this week aiming to support sustainable development of the country's capital market. Under the plan, the Bangladesh Bank (BB) will...

Dhaka stocks notch biggest gain since 2013

Dhaka stocks notch biggest gain since 2013

-- 2020-01-19 15:39:08

Dhaka stocks have gained 5.6 per cent, the biggest jump since the key index DSEX was introduced in January 2013. The shares on the Dhaka Stock Exchange were buoyed by Prime Minister Sheikh Hasina&rsq...

Secondary trading of treasury bills, bonds up by 89pc in 2019

Secondary trading of treasury bills, bonds up by 89pc in 2019

FE Online Report 2020-01-18 11:48:01

Secondary trading of the government’s fixed income tradable securities jumped by 89.21 per cent in the last calendar year, according to the central bank statistics. It showed that the total val...

Weekly review: Investors welcome PM's directives on mkts

Weekly review: Investors welcome PM's directives on mkts

FE Report 2020-01-18 10:37:50

Some market supportive measures helped Dhaka stocks end the sharp losing streak in the week ended on Thursday. Out of five trading sessions, the DSE broad index witnessed sharp fall in first three se...

Prices of five large-cap companies up

Prices of five large-cap companies up

FE Report 2020-01-18 10:31:32

The share prices of five large cap companies closed positively on Thursday following investors' increased participation. On the day, the DSEX, broad index of Dhaka Stock Exchange (DSE), also posted a...

Google-parent Alphabet now a $1 trillion company

Google-parent Alphabet now a $1 trillion company

Reuters 2020-01-17 14:34:30

As Google-parent Alphabet became on Thursday the fourth US company to top a market value of more than $1 trillion, some funds holding its shares are wondering whether now is the time to cash in on the...

DSEX adds 21 stocks, drops 18

DSEX adds 21 stocks, drops 18

FE Report 2020-01-17 11:04:55

The Dhaka Stock Exchange (DSE) has rebalanced two equities indices -- DSEX and DS30 -- as per the criteria set by S&P Dow Jones. It has added 21 companies to the DSEX, the benchmark index, and de...

PM meets policymakers to prop up stock market

PM meets policymakers to prop up stock market

-- 2020-01-16 21:19:45

Prime Minister Sheikh Hasina has met capital market policymakers to discuss ways to pull the stocks out of a slump, a day after an MP called in parliament for her intervention. Khairul Hossain, the c...

Portfolio investors not blamed for poor turnover

Portfolio investors not blamed for poor turnover

FE Report 2020-01-16 11:06:11

The merchant bankers and stock brokers on Wednesday said withdrawl of funds by foreign portfolio investors is not responsible for the poor turnover of the bourses. The merchant bankers and stock brok...

Asia shares flatline, wait for US and China to seal trade deal

Asia shares flatline, wait for US and China to seal trade deal

REUTERS 2020-01-13 10:08:23

Asian shares paused near 19-month peaks on Monday ahead of the expected signing on a Sino-US trade deal, though talks on a phase two package are likely to drag on for months. MSCI’s broadest in...

Saudi Aramco raises IPO to record $29.4 billion

Saudi Aramco raises IPO to record $29.4 billion

Reuters 2020-01-12 13:12:53

Saudi Arabia's state-owned oil company Saudi Aramco said on Sunday it has exercised its “greenshoe option” to sell an additional 450 million shares, raising the size of its initial public...

Renata clocks 20pc growth against market growth of 17pc

Renata clocks 20pc growth against market growth of 17pc

Mohammad Mufazzal 2020-01-12 12:45:54

Listed pharmaceutical company Renata witnessed a steady growth in net profit for the last three fiscal years (FYs) as the company maintained its high professional standard in manufacturing 'quality' m...

Five large-cap cos shed prices up to 11.34pc

Five large-cap cos shed prices up to 11.34pc

FE Report 2020-01-11 10:46:28

Five large-cap companies having notable impact on index movement lost prices up to 11.34 per cent per share in last week. During the week, the DSEX, the broad index of Dhaka Stock Exchange (DSE), los...