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The Financial Express

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Weekly market review: Free fall of index creates panic

Weekly market review: Free fall of index creates panic

FE Report 2020-01-11 10:45:08

Dhaka bourse closed the week with the highest single week fall in core index since 2013 following investors' panic sales executed in all sessions amid lack of confidence. The core index also hit the...

Foreigners buy $10.16b of S Korean stocks in 2019

Foreigners buy $10.16b of S Korean stocks in 2019

-- 2020-01-10 15:17:21

Foreign investors purchased more than 10 billion US dollars of South Korean stocks and bonds last year, central bank data showed Friday. Foreign capital of $10.16 billion flowed into the South Korean...

Selling pressure continues on DSE

Selling pressure continues on DSE

FE Report 2020-01-10 10:40:03

The core index of Dhaka bourse on Thursday settled below 4200 points after losing 262 points in five sessions in a row amid investors' panic sales executed throughout the week. The Dhaka Stock Exchan...

10 cos account for 35.51pc of DSE

10 cos account for 35.51pc of DSE

FE Report 2020-01-09 11:40:07

Ten most traded stocks accounted for 35.51 per cent of transactions on the Dhaka Stock Exchange (DSE) on Wednesday, with Standard Ceramic Industries generating the highest turnover. The total turnove...

Asian shares rebound as Mideast tensions ease

Asian shares rebound as Mideast tensions ease

REUTERS 2020-01-09 10:24:39

Asian stocks rebounded on Thursday and oil edged up as the United States and Iran backed away from the brink of further conflict in the Middle East and investors unwound safety plays. US President Do...

Walton to raise Tk 1.0 billion under book building method

Walton to raise Tk 1.0 billion under book building method

FE Report 2020-01-08 12:00:57

Walton Hi-Tech Industries will raise a capital worth Tk 1.0 billion under book building method to expand business and repay bank loans. The Bangladesh Securities and Exchange Commission (BSEC) on Tue...

DSE loses Tk 710b in a year

DSE loses Tk 710b in a year

-- 2020-01-08 11:33:17

A rapid fall in share prices has wiped out around Tk 710 billion in market capital from the Dhaka Stock Exchange (DSE) in a year. Its main index, DSEX, shed 50 points to 4,281 on Tuesday following...

LafargeHolcim grabs top position

LafargeHolcim grabs top position

FE Report 2020-01-07 11:10:36

LafargeHolcim Bangladesh on Monday topped the charts of most traded stocks and top gainers as well on the Dhaka Stock Exchange (DSE). The company featured a turnover of above Tk 262 million and hoove...

Asia stocks bounce, oil slips as Iran anxiety ebbs

Asia stocks bounce, oil slips as Iran anxiety ebbs

REUTERS 2020-01-07 10:41:59

Asian shares rebounded on Tuesday as a day passed without any new escalation in the Middle East and Wall Street erased early losses to end in the black as tech stocks climbed. Oil surrendered hefty g...

BSEC high official gets CGIA fellowship

BSEC high official gets CGIA fellowship

FE Report 2020-01-06 11:36:49

Professor Md. Helal Uddin Nizami, a commissioner of the Bangladesh Securities and Exchange Commission (BSEC), has been awarded a fellowship by New York-based Chartered Global Investment Analyst (CGIA)...

KPCL tops turnover chart

KPCL tops turnover chart

FE Report 2020-01-06 11:34:54

Top 10 traded stocks contributed 29 per cent in market turnover featured by Dhaka Stock Exchange (DSE) on Sunday. On the day, the turnover on the DSE declined 24 per cent to close at Tk 2.92 billion...

ADN Telecom makes debut

ADN Telecom makes debut

FE Report 2020-01-06 11:33:04

Trading of the shares of ADN Telecom has started today (Monday) on both the bourses under 'N' category. The ADN Telecom, which raised a capital worth Tk 570 million through book-building method, rece...

Active BO accounts down 7.25pc in 2019

Active BO accounts down 7.25pc in 2019

Mohammad Mufazzal 2020-01-05 10:43:10

The number of active BO (beneficiary owner's) accounts declined 7.25 per cent in the just concluded calendar year from the number of accounts observed at the end of previous year. The officials famil...

Turnover on OTC market hits two-year low

Turnover on OTC market hits two-year low

FE Report 2020-01-04 12:21:19

Transaction on over-the-counter (OTC) market on the Dhaka Stock Exchange (DSE) slumped 68 per cent year-on-year in 2019, hitting two-year low amid gloomy market outlook. The shares of the companies,...

Stocks snap four-week losing streak

Stocks snap four-week losing streak

Babul Barman 2020-01-04 12:17:08

Stocks posted a modest gain last week, snapping a four-week losing streak as bargain hunters showed their appetite on sector-wise issues. Week-on-week, DSEX, the prime index of the Dhaka Stock Exchan...

Asian shares stumble after US air strikes in Iraq

Asian shares stumble after US air strikes in Iraq

REUTERS 2020-01-03 14:01:45

Asian shares fell on Friday, erasing early gains, while oil prices spiked after US air strikes in Iraq killed a top Iranian commander, heightening geopolitical tensions. Iranian major-general Qassem...

Khulna Power lights up turnover chart

Khulna Power lights up turnover chart

FE Report 2020-01-03 10:50:06

Ten most traded companies accounted for 29 per cent of transactions on the Dhaka Stock Exchange (DSE) on Thursday, with Khulna Power Company Ltd. (KPCL) generating the highest turnover. Market anal...

Anlima Yarn AGM approves 5.0pc div

Anlima Yarn AGM approves 5.0pc div

FE DESK 2020-01-03 10:48:45

Chairperson of Anlima Yarn Dyeing Limited Hubbun Nahar Hoque (2nd from left) presiding over the 24th annual general meeting (AGM) of the company on its factory premises at Karnapara in Savar recentl...

Vow to go by law to stem stock mkt rumours

Vow to go by law to stem stock mkt rumours

FE Report 2020-01-03 10:32:58

Finance minister AHM Mustafa Kamal on Thursday made it clear that existing laws will be enforced so that none can harm the capital market by spreading rumours. "Now rumours are driving the capital ma...

China halts British stock link over political tensions

China halts British stock link over political tensions

-- 2020-01-02 12:52:43

China has temporarily blocked planned cross-border listings between the Shanghai and London stock exchanges because of political tensions with Britain, five sources told Reuters. Suspending the Shang...

Bourses pop in early trading

Bourses pop in early trading

FE Online Report 2020-01-02 11:27:50

Stocks witnessed upward trend in early hours of trading on Thursday, the second day of the New Year, as optimistic investors are showing their appetite on sector-wise issues. Following the previous d...

ADN Telecom to make debut Jan 6

ADN Telecom to make debut Jan 6

FE Report 2020-01-02 11:12:49

Trading of the shares of ADN Telecom Ltd will commence on Dhaka Stock Exchange and Chittagong Stock Exchange on January 6 (Monday) under 'N' category, officials said. The DSE trading code for ADN Tel...

Trading through DSE mobile app up 30pc

Trading through DSE mobile app up 30pc

Mohammad Mufazzal 2020-01-02 11:10:59

Share transactions through DSE-Mobile app continued to rise as the number of active users of this digital application rose 30 per cent in the just concluded calendar year compared to previous year. T...

Kamal clueless about stock market behaviour

Kamal clueless about stock market behaviour

FE REPORT 2020-01-02 09:53:56

Finance minister AHM Mustafa Kamal Wednesday said he failed to understand the reasons for the stock market not behaving in line with other major economic indicators. He said everyone praises Banglade...

Stocks start new year with positive note

Stocks start new year with positive note

FE Online Report 2020-01-01 11:32:19

Stocks witnessed upward trend in early hours of trading on Wednesday, the opening day of the New Year, as optimistic investors are showing their appetite on sector-wise issues. Following the previous...

Net foreign fund in stocks negative for two years

Net foreign fund in stocks negative for two years

Babul Barman 2020-01-01 11:03:06

Net foreign investment on Dhaka Stock Exchange remained negative for two straight years in 2018 and 2019 as the overseas investors continued to pull out their fund amid depressed market outlook. The...

Investors pessimistic about MFs

Investors pessimistic about MFs

MOHAMMAD MUFAZZAL 2020-01-01 10:58:11

The listed mutual funds (MFs) were in dire straits throughout 2019 as investors lost their confidence in the sector following their poor returns. Following investors' less participation, the unit pri...

Waiver of tax sought

Waiver of tax sought

FE Report 2019-12-31 12:26:59

A tripartite committee has made four proposals including the waiver of transaction tax to start the trading of Treasury Bond (T-Bond) and Treasury Bill (T-Bill) through the stock exchanges. A nine-me...

Big-cap issues play havoc with erosion of prices

Big-cap issues play havoc with erosion of prices

Mohammad Mufazzal 2019-12-31 10:43:20

Large cap listed companies played a significant role in the huge erosion of the broad index during the just concluded year because of the companies' significant share in market capitalisation. The pr...

Stocks end 2019 on positive note

Stocks end 2019 on positive note

FE Report 2019-12-31 10:40:02

The last trading session of the outgoing calendar year edged higher on Monday as investors showed their appetite for selective large-cap stocks. DSEX, the prime index of the Dhaka Stock Exchange (DSE...