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The Financial Express

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Pragati Life Insurance recommends 30pc dividend

Pragati Life Insurance recommends 30pc dividend

FE Online Report 2019-06-23 12:36:18

The board of directors of Pragati Life Insurance Company has recommended 15 per cent cash and 15 per cent stock dividend for the year ended on December 31, 2018, said an official disclosure on Sunday....

Oracle Q4 GAAP EPS rises 36pc to $1.07

Oracle Q4 GAAP EPS rises 36pc to $1.07

FE Online Desk 2019-06-23 12:28:14

Oracle Corporation (NYSE: ORCL) recently announced fiscal 2019 Q4 results and fiscal 2019 full year results. Total Quarterly Revenues were $11.1 billion, up 1% in USD and up 4% in constant currency co...

Continental Insurance approves 10pc dividend

Continental Insurance approves 10pc dividend

FE Online Desk 2019-06-23 11:35:17

The board of directors of Continental Insurance Limited has approved 5 per cent stock and 5 per cent cash dividend for the year ended on 31 December 2018. The final approval of the dividend came duri...

Stocks witness sluggish trading at opening

Stocks witness sluggish trading at opening

FE Online Report 2019-06-23 11:35:13

Stocks witnessed slow trading in early hour on Sunday as investors were waiting for decision on tax review issue. Following the previous week’s correction, the Dhaka Stock Exchange (DSE) and th...

BSEC readies proposals before meeting with NBR Monday

BSEC readies proposals before meeting with NBR Monday

Mohammad Mufazzal 2019-06-23 10:37:19

The securities regulator BSEC will submit a set of 'specific' proposals to the National Board of Revenue (NBR) tomorrow (Monday) on the measures, including the tax on reserves, in the proposed budget...

Prices of 41 cos up due to rise of institutional investments

Prices of 41 cos up due to rise of institutional investments

FE Report 2019-06-23 10:32:41

Some 41 listed companies saw a rise of institutional investments ranging between 1.0 per cent and 8.0 per cent in May compared to April last, according to information of Dhaka Stock Exchange and Chitt...

Asia Pacific Insurance approves 10pc cash dividend

Asia Pacific Insurance approves 10pc cash dividend

FE Online Desk 2019-06-22 13:37:01

The board of directors of Asia Pacific General Insurance Company Limited has approved 10 per cent cash dividend for the year ended on December 31, 2018. The final approval of the dividend came during...

World stocks rise to seven-week high

World stocks rise to seven-week high

-- 2019-06-22 10:49:33

Global stocks rose to near seven-week highs on Friday following a run spurred by optimism over monetary polic amid the Gulf tension. Oil prices built on recent gains on fears any US military attack o...

CSRC approves three IPOs

CSRC approves three IPOs

-- 2019-06-22 10:36:35

China Securities Regulatory Commission (CSRC) has approved the initial public offering (IPO) applications of three companies. Jiangsu Shemar Electric Co, Ltd, Shanghai-based Quectel Wireless Soluti...

Weekly analysis: Stocks fall on budget disappointment

Weekly analysis: Stocks fall on budget disappointment

Babul Barman 2019-06-22 10:23:41

Stocks took a downward turn in the outgoing week, snapping a three-week gaining streak, as some proposed budgetary measures for the capital market have rattled the investors. The correction was tri...

United Power tops weekly turnover chart

United Power tops weekly turnover chart

FE Report 2019-06-22 10:16:09

Ten most traded companies accounted for 19 per cent of transactions on the Dhaka Stock Exchange (DSE) in the outgoing week, with the United Power Generation & Distribution Company making it to the...

Asian shares retreat after S&P 500 hits all-time high

Asian shares retreat after S&P 500 hits all-time high

-- 2019-06-21 12:32:13

Asian shares retreated on Friday after a broad rally for stocks drove the S&P 500 index to an all-time high as weak manufacturing data from Japan helped dampen investor sentiment. Japan’s N...

Fund managers seek tax exemptions for AIFs

Fund managers seek tax exemptions for AIFs

FE Report 2019-06-21 11:01:04

Alternative investment fund managers (AIFMs) have urged the government to provide policy supports, including exemption from corporate tax, for the funds to help drive the country's startup ecosystem a...

Address BO account irregularities

Address BO account irregularities

FE Report 2019-06-21 10:56:30

The securities regulator has asked the depository participants (DPs) to address the irregularities involving the investors' BO (beneficiary owner's) accounts by July 21. The directive came at a meeti...

United Power generates highest transactions

United Power generates highest transactions

FE Report 2019-06-21 10:49:32

Ten most traded companies accounted for one-fourth of transactions on the Dhaka Stock Exchange (DSE) on Thursday, with the United Power Generation & Distribution Company making it to the top of...

DSE training for investors

DSE training for investors

FE Desk Report 2019-06-21 10:47:34

The Dhaka Stock Exchange (DSE) will hold a training programme on 'Asset Management: Mutual Funds/Collective Investment Scheme' for the investors on July 01-03, according to DSE website. For registrat...

Mercantile Bank AGM approves 15pc stock dividend

Mercantile Bank AGM approves 15pc stock dividend

FE Online Desk 2019-06-20 14:21:06

The 20th Annual General Meeting (AGM) of Mercantile Bank Limited was held at FARS Hotel & Resorts in the capital today (Thursday). A large number of shareholders approved Profit and Loss accounts...

SE Asian stocks edge up; Philippines slips

SE Asian stocks edge up; Philippines slips

-- 2019-06-20 12:55:48

Most Southeast Asian shares edged up on Thursday, as dovish comments from the US Federal Reserve boosted global equities, while signs that Sino-US trade talks were set to resume also helped sentimen...

Asian shares rise on Fed rate cut talk

Asian shares rise on Fed rate cut talk

-- 2019-06-20 12:55:05

Asian shares rose on Thursday after the Federal Reserve reaffirmed that it’s prepared to cut interest rates if needed to shield the US economy from trade conflicts or other threats. The Thursda...

DSE falls, CSE rises in early trading

DSE falls, CSE rises in early trading

FE Online Reports 2019-06-20 11:32:52

Stocks witnessed mixed trend in early trading on Thursday as investors are waiting for tax review issue. Following the previous two days’ modest gain, the Dhaka Stock Exchange (DSE) saw negativ...

Insurance sector surges as investors shift focus

Insurance sector surges as investors shift focus

FE Report 2019-06-20 10:45:12

The insurance companies dominated the gainer's chart on the Dhaka Stock Exchange (DSE) Wednesday as nine out of 10 gainers were from insurance sector. Rupali Life Insurance dominated the gainer's cha...

DSE edges up further on tax review hope

DSE edges up further on tax review hope

FE Online Report 2019-06-19 16:07:27

Stocks ended marginally higher for the second day in a row on Wednesday as investor showed their buying appetite on tax review expectations. DSEX, the prime index of the Dhaka Stock Exchange (DSE),...

Islami Bank to issue Tk 12b bond

Islami Bank to issue Tk 12b bond

FE Online Report 2019-06-19 11:24:39

The board of directors of Islami Bank Bangladesh Limited has decided to issue “IBBL Third Mudaraba Redeemable Non-Convertible Subordinated Bond” of Tk 12 billion under Mudaraba Principle o...

Stocks up at opening on tax proposal review hope

Stocks up at opening on tax proposal review hope

FE Online Report 2019-06-19 11:19:11

Stocks witnessed positive trend in early trading on Wednesday as investors are active on sector-wise shares after recent sharp fall. Market analysts said investors went for buying shares with an ex...

Asian shares rise on trade optimism

Asian shares rise on trade optimism

-- 2019-06-19 11:14:53

Asian shares were mostly higher Wednesday on optimism about trade after US President Donald Trump said he will talk with the Chinese leader later this month in Japan. Japan’s benchmark Nikkei 2...

Eastern Ins tops DSE turnover, gainers' charts

Eastern Ins tops DSE turnover, gainers' charts

FE Report 2019-06-19 10:13:22

Ten most traded companies accounted for more than 22 per cent of transactions on the Dhaka Stock Exchange (DSE) on Tuesday, with the Eastern Insurance making it to the top of the turnover chart. Fo...

SE Asian stocks tepid ahead of Fed meeting

SE Asian stocks tepid ahead of Fed meeting

-- 2019-06-18 13:46:59

Most Southeast Asian stock markets traded in a tight range on Tuesday as caution ahead of the US Federal Reserve's two-day policy meeting kept investors on the sidelines. Singapore shares rose 0.9 pe...

Asian stocks mixed ahead of rate decisions

Asian stocks mixed ahead of rate decisions

-- 2019-06-18 13:11:54

Asian shares were mixed on Tuesday as caution set in ahead of interest rate decisions by the US Federal Reserve and other central banks. Japan's benchmark Nikkei 225 eased 0.7 per cent to 20,972.71 w...

Delta Life Ins recommends 26pc dividend

Delta Life Ins recommends 26pc dividend

FE Online Report 2019-06-18 11:34:14

The board of directors of Delta Life Insurance Company Limited has recommended 26 per cent cash dividend for the year ended on December 31, 2018, said an official disclosure on Tuesday. The final a...

Stocks open positive; DSEX gains 10.56 points

Stocks open positive; DSEX gains 10.56 points

FE Online Report 2019-06-18 11:31:28

Stocks witnessed positive trend in early trading on Tuesday as some investors are active on sector-wise shares after recent sharp fall. The market witnessed sharp correction in the past two session...