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The Financial Express

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Stocks plunge amid selling binge

Stocks plunge amid selling binge

FE Online Report 2019-11-13 16:12:13

Stocks ended lower on Wednesday, after remaining flat in the previous day, as investors mostly on selling binge on sector-wise large-cap shares. DSEX, the prime index of the Dhaka Stock Exchange (DSE...

Heidelberg to acquire Emirates Cement, Emirates Power

Heidelberg to acquire Emirates Cement, Emirates Power

FE Online Report 2019-11-13 13:54:07

The board of directors of Heidelberg Cement Bangladesh Ltd has approved the acquisition of 100 per cent shareholding of Emirates Cement and Emirates Power from UltraTech Cement Middle East Investmen...

Regent Textile recommends 5.0pc stock dividend

Regent Textile recommends 5.0pc stock dividend

FE Online Report 2019-11-13 13:42:41

The board of directors of Regent Textile Mills Ltd has recommended 5.0 per cent stock dividend for the year ended on June 30, 2019, said an official disclosure on Wednesday. The final approval of div...

MI Cement to form three subsidiary companies

MI Cement to form three subsidiary companies

FE Online Report 2019-11-13 13:41:24

The board of directors of MI Cement Factory Ltd has approved formation of the three subsidiary companies -- Ocean Voyager Shipping Lines, Ocean Victory Shipping and Ocean Vision Shipping Lines. The b...

Bourses down in early trading

Bourses down in early trading

FE Online Report 2019-11-13 12:04:29

Stocks witnessed a downward trend in early hour of trading on Wednesday as risk-averse investors went on selling binge on sector-wise shares. Following the previous day’s downturn, the Dhaka St...

DSE broker asked to clear the dues

DSE broker asked to clear the dues

FE Report 2019-11-13 11:00:22

The securities regulator has asked a broker of Dhaka Stock Exchange (DSE) to pay the dues of its client within 30 days. As per the instruction, Ali Securities, a TREC holder of the DSE, will have to...

Apex Footwear holds 29th AGM

Apex Footwear holds 29th AGM

FE Online Desk 2019-11-13 10:57:10

The 29th annual general meeting (AGM) of Apex Footwear Limited was held on Tuesday at Gulshan's Lakeshore Hotel in the capital. Mr Syed Manzur Elahi, chairperson of the company, presided over the mee...

Dhaka stocks inch down after four-day rally

Dhaka stocks inch down after four-day rally

FE Online Report 2019-11-12 16:43:25

Stocks faced a mild correction on Tuesday, snapping a four-day rally, as risk-averse investors opted for quick-profit on sector specific shares. DSEX, the prime index of the Dhaka Stock Exchange (DSE...

Bashundhara Paper declares 15pc dividend

Bashundhara Paper declares 15pc dividend

FE Online Report 2019-11-12 12:00:19

The board of directors of Bashundhara Paper Mills has recommended 15 per cent cash dividend for general shareholders (other than the sponsors-directors) for the year ended on June 30, 2019, said an of...

Meghna Cement recommends 15pc dividend

Meghna Cement recommends 15pc dividend

FE Online Report 2019-11-12 11:27:10

The board of directors of Meghna Cement Mills has recommended 10 per cent cash and 5.0 per cent stock dividend for the year ended on June 30, 2019, said an official disclosure on Tuesday. The final a...

Bourses witness upturn in early trading

Bourses witness upturn in early trading

FE Online Report 2019-11-12 11:22:19

Stocks witnessed an upward trend in early trading on Tuesday as investors were showing their buying appetite on sector-wise shares. Following the previous day’s positive ending, the Dhaka Stock...

China's top co to help develop BD's financial market base

China's top co to help develop BD's financial market base

Babul Barman, back from Shenzhen, China 2019-11-12 10:04:16

Kingdom Technology, a leading financial technology provider in China, showed keen interest to develop Bangladesh's financial market infrastructures in collaboration with local firms. "We like to ente...

Private offering of corporate bonds drops in FY19

Private offering of corporate bonds drops in FY19

FE ONLINE REPORT 2019-11-11 13:14:46

Issuance of corporate debt securities or bonds through private placement declined in the past fiscal year (FY), according to statistics available with the central bank. It showed that some 23 compani...

Olympic Industries declares 50pc cash dividend

Olympic Industries declares 50pc cash dividend

FE Online Report 2019-11-11 12:31:48

The board of directors of Olympic Industries has recommended 50 per cent cash dividend for the year ended on June 30, 2019, said an official disclosure on Monday. The final approval of dividend will...

Bourses witness gains at open

Bourses witness gains at open

FE Online Report 2019-11-11 11:38:22

Stocks on bourses witnessed an upward trend in early trading on Monday as some investors were showing their buying appetite on sector-wise shares. Following the previous week’s upbeat note, the...

BD to debut taka bond on London bourse today

BD to debut taka bond on London bourse today

-- 2019-11-11 11:24:10

The government is floating the first taka bond worth around millions of dollars on London Stock Exchange today (Monday). Backed by the World Bank Group’s private sector lending arm Internationa...

Saudi Aramco gives some details on IPO size

Saudi Aramco gives some details on IPO size

-- 2019-11-10 13:10:16

DUBAI, Nov 10 (Reuters): Saudi state oil giant Aramco will sell 0.5 per cent of its shares to individual retail investors and the government will have a lockup period of a year on further share sales...

Bangla Bond listing on London bourse tomorrow

Bangla Bond listing on London bourse tomorrow

-- 2019-11-10 09:58:28

The International Finance Corporation (IFC), a sister concern of the World Bank, is set to float the first-ever Bangladeshi Taka-denominated bond on the London Stock Exchange (LSE). The bond will be...

18 cos recommend div in last week

18 cos recommend div in last week

FE Report 2019-11-09 11:26:55

A total of 18 listed companies recommended dividend in last week ranging from 1.0 per cent to 100 per cent for the year ended on June 30, 2019. Most the companies have recommended cash dividend, whil...

Weekly review: Price correction attracts investors

Weekly review: Price correction attracts investors

-- 2019-11-09 11:25:18

Dhaka bourse closed the week with a moderate rise in broad index as optimistic investors took position in sector specific stocks considering the lucrative price level. Many investors created buying p...

Global stocks near record highs on US-China trade deal hopes

Global stocks near record highs on US-China trade deal hopes

-- 2019-11-08 13:31:59

World stocks rallied to near record highs on Friday after China said it had agreed with the United States to cancel tariffs in phases, a key demand of Beijing for sealing a deal to end a trade war tha...

Shenzhen, Dhaka bourses’ joint index by Dec

Shenzhen, Dhaka bourses’ joint index by Dec

BABUL BARMAN, FROM SHENZEN, CHINA 2019-11-08 10:21:02

The Shenzhen Stock Exchange (SZSE) will launch a joint index in cooperation with the Dhaka Stock Exchange (DSE), comprising well performing companies, by the end of this year to increase Chinese inves...

Spot mkt to remain closed for two  days

Spot mkt to remain closed for two days

-- 2019-11-07 10:38:45

The share trading on the spot market will remain closed on November 7 and 11 on Dhaka Stock Exchange (DSE). The Bangladesh Securities and Exchange Commission (BSEC) took the decision on Wednesday f...

Asian shares mixed on possible trade snag

Asian shares mixed on possible trade snag

-- 2019-11-06 12:00:16

Asian shares were mixed Wednesday after investors were rattled by a possible snag in a US-Chinese trade truce following reports Beijing wants Washington to life punitive tariffs. Shanghai and Sydney...

Circuit limits for listed securities from debut day

Circuit limits for listed securities from debut day

FE REPORT 2019-11-06 10:30:06

The securities regulator has decided to apply circuit breaker system for the newly listed companies on their stock market debut to rein in unusual hike in share prices. As per the decision taken at i...

Padma Oil recommends 130pc cash dividend

Padma Oil recommends 130pc cash dividend

FE Online Report 2019-11-05 11:47:34

The board of directors of Padma Oil Company has recommended 130 per cent cash dividend for the year ended on June 30, 2019, said an official disclosure on Tuesday. The final approval of dividend will...

Eastern Lubricant declares 100pc dividend

Eastern Lubricant declares 100pc dividend

FE Online Report 2019-11-05 11:39:49

The board of directors of Eastern Lubricant Ltd has recommended 100 per cent cash dividend for the year ended on June 30, 2019, said an official disclosure on Tuesday. The final approval of dividend...

Stocks rise; DSEX gains 21 points

Stocks rise; DSEX gains 21 points

FE Online Report 2019-11-05 11:35:19

Stocks witnessed upward trend in early trading on Tuesday as some investors are showing their buying appetite on sector-wise shares. Following the previous day’s correction, the Dhaka Stock E...

Earnings of most NBFIs plummet in Jan-Sept

Earnings of most NBFIs plummet in Jan-Sept

Babul Barman 2019-11-05 11:13:03

Earnings of most of the listed non-bank financial institutions (NBFIs) plunged in the first nine months of the year due mainly to huge provisioning against default loans and losses from capital market...

Stocks back to red amid thin turnover

Stocks back to red amid thin turnover

FE Online Report 2019-11-04 18:08:05

Stocks slipped back to the red on Monday, after a single-day break as risk-averse investors went on selling binge on sector-wise stocks. DSEX, the prime index of the Dhaka Stock Exchange (DSE), went...