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The Financial Express

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Asian shares rise on Fed dovishness; growth concerns linger

Asian shares rise on Fed dovishness; growth concerns linger

-- 2019-03-21 14:16:01

Shares in Asia rose on Thursday after the US Federal Reserve abandoned forecasts for any interest rate hikes this year, but concerns over US-China trade talks and slowing global growth continued to we...

Islamic Finance recommends 14.50pc div

Islamic Finance recommends 14.50pc div

FE Online Report 2019-03-21 12:16:09

The board of directors of Islamic Finance and Investment Limited has recommended 10 per cent cash and 4.50 per cent stock dividend for the year ended on December 31, 2018. The final approval of divid...

Stocks fall at opening; DSEX slips record low

Stocks fall at opening; DSEX slips record low

FE Online Report 2019-03-21 11:53:14

The prime index of the main bourse fell below 5,600-mark in early trading on Thursday as most of the investors are selling shares amid low confidence to the market. Following the previous day’s...

Top ten-traded cos snare 37pc turnover

Top ten-traded cos snare 37pc turnover

FE Report 2019-03-21 10:26:55

Top most ten-traded firms grabbed 37 per cent transaction of the prime bourse while BATBC dominated the chart for the second straight session Wednesday. Market analysts said investors were active on...

Shurwid enters IT enabled service business

Shurwid enters IT enabled service business

FE Report 2019-03-21 10:24:41

The board of directors of Shurwid Industries has approved a proposal that the company will do the business of Information Technology Enabled Service (ITES). An agreement was signed with the company a...

Stocks back to the red amid sluggish turnover

Stocks back to the red amid sluggish turnover

FE Online Report 2019-03-20 15:58:45

The benchmark index of the Dhaka Stock Exchange (DSE) plummeted to nearly three months low on Wednesday as risk-averse investors went on selling binge on sector-specific issues. DSEX, the prime index...

Indian shares pause for cues

Indian shares pause for cues

-- 2019-03-20 13:49:39

Indian were largely unchanged on Wednesday as investors looked for further cues before taking bets, with gains in IT and financials countering losses in consumer and energy scrips. The broader NSE in...

Asian shares trend lower

Asian shares trend lower

-- 2019-03-20 12:08:27

Asian share markets are mostly lower after a lackluster day of trading on Wall Street. Mixed signals on the progress of China-US trade talks also revived caution in Chinese markets. The Shanghai Comp...

BSEC to bring changes to book-building rules

BSEC to bring changes to book-building rules

FE Report 2019-03-20 10:35:14

The securities regulator has decided to bring some changes to book-building method to make it more transparent and ensure 'fair' price of IPO (initial public offering) shares. The Bangladesh Securiti...

Top ten-traded cos grab 35pc transactions

Top ten-traded cos grab 35pc transactions

FE Report 2019-03-20 10:33:18

British American Tobacco Bangladesh Company (BATBC) dominated the prime bourse turnover chart Tuesday while top ten-traded companies captured 35 per cent transactions. Market analysts said investors...

Stocks rebound, turnover remains low

Stocks rebound, turnover remains low

FE Online Report 2019-03-19 15:51:59

Stocks rebounded on Tuesday, after sharp decline in the previous day, as some investors went on late hours’ buying spree on sector-specific shares. Market analysts said despite the market rebou...

SE Asian stocks subdued in thin trading

SE Asian stocks subdued in thin trading

-- 2019-03-19 12:22:41

Most Southeast Asian stock markets were subdued in thin trading on Tuesday as investors remained on sidelines ahead of the US Federal Reserve policy meeting. The Federal Reserve is likely to hold int...

National Housing Finance recommends 20pc div

National Housing Finance recommends 20pc div

FE Online Report 2019-03-19 11:30:09

The board of directors of National Housing Finance and Investment Limited has recommended 10 per cent cash and 10 per cent stock dividend for the year ended on December 31, 2018. The final approval o...

DSEX dips below 5,600-mark at opening

DSEX dips below 5,600-mark at opening

FE Online Report 2019-03-19 11:28:09

The prime index of the main bourse—DSEX—fell below 5,600-mark in early trading on Tuesday as most of the investors are selling shares amid low confidence to the market. Following the prev...

Asian shares mixed in muted trading

Asian shares mixed in muted trading

-- 2019-03-19 11:05:13

Asian shares were mixed in muted trading Tuesday as investors awaited the US Federal Reserve meeting later in the week. Japan's benchmark Nikkei 225 lost 0.3 per cent to 21,528.23 in early trading. A...

Top ten-traded cos grab 41pc turnover

Top ten-traded cos grab 41pc turnover

FE Report 2019-03-19 10:39:47

Brac Bank dominated the Dhaka Stock Exchange (DSE) turnover chart on Monday while top ten-traded companies grabbed 41 per cent transactions. Market operators said investors showed their buying appeti...

Stocks plunges as bank shares slump

Stocks plunges as bank shares slump

FE Online Report 2019-03-18 15:50:09

Stocks witnessed sharp fall on Monday as risk-averse investors went on selling spree, particularly on bank shares. Market analysts said small investors were not confident enough to inject fresh fund...

Pubali Bank to issue Tk 7.50b subordinated bond

Pubali Bank to issue Tk 7.50b subordinated bond

FE Online Report 2019-03-18 11:31:36

The board of directors of Pubali Bank Limited has decided to issue 7 years subordinated bond-II for Tk 7.50 billion, said an official disclosure on Monday. The Board of Directors has decided to issue...

Shares descent in early trading

Shares descent in early trading

FE Online Report 2019-03-18 11:25:29

The prices of most of the shares on both bourses witnessed downward trend in early trading on Monday as investors mostly followed cautious stance. Following the previous week’s mild correction,...

SE Asian stocks edge up in hopes of a dovish Fed

SE Asian stocks edge up in hopes of a dovish Fed

-- 2019-03-18 10:53:00

Southeast Asian stocks mostly rose on Monday, as investor sentiment buoyed ahead of the US Federal Reserve's policy meeting where the policymakers were expected to remain dovish. The Vietnam index ro...

Asian shares rise on US-China trade talk hopes

Asian shares rise on US-China trade talk hopes

-- 2019-03-18 10:45:38

Asian shares advanced on Monday as investors awaited signs the US and China could be making progress in negotiations on resolving the trade war between the two biggest economies. Japan's benchmark Ni...

United Ins recommends 13pc div

United Ins recommends 13pc div

FE Report 2019-03-18 10:31:49

The board of directors of United Insurance has recommended 7.05 per cent cash and 5.95 per cent stock dividend for the year ended on December 31, 2018. The final approval of dividend will come during...

Subscription of Coppertech to open March 31

Subscription of Coppertech to open March 31

FE Report 2019-03-18 10:29:56

The initial public offering (IPO) subscription of Coppertech Industries is set to begin on March 31, aiming to raise Tk 200 million from the capital market. The public subscription of Silco Pharmaceu...

Olympic Industries posts 14pc revenue growth

Olympic Industries posts 14pc revenue growth

Babul Barman 2019-03-17 10:24:22

Olympic Industries, the country's largest biscuits manufacturer, has posted a 14.51 per cent growth in revenue year-on-year in Fiscal Year (FY) 2017-18 to Tk 12.93 billion. Amid growing demand for it...

Global equity markets hit five-month high

Global equity markets hit five-month high

-- 2019-03-16 11:05:06

A gauge of global equity markets hit a five-month high on Friday on investor optimism over US-Chinese trade talks and hopes a new Brexit vote next week will prove successful. However, the dollar head...

Trade optimism pushes US stocks higher

Trade optimism pushes US stocks higher

-- 2019-03-16 10:40:51

Wall Street’s main indexes hit session highs on Friday, in broad based gains led by technology stocks, as sentiment was lifted by an upbeat note in trade talks between the United States and Chin...

Weekly analysis: Stocks extend losses

Weekly analysis: Stocks extend losses

Babul Barman 2019-03-16 10:28:48

Stocks witnessed yet another bearish week that ended on Thursday amid dull trading as investors continued their selling binge on sector specific shares. Market analysts said investors were mostly on...

Top ten cos account for one-fourth turnover

Top ten cos account for one-fourth turnover

FE Report 2019-03-16 10:25:03

British American Tobacco Bangladesh Company (BATBC) dominated the prime bourse's turnover chart last week while top ten-traded companies captured 34 per cent transactions. The BATBC also dominated...

SE Asian stocks: Indonesia rises, Philippines falls

SE Asian stocks: Indonesia rises, Philippines falls

-- 2019-03-15 12:17:24

Southeast Asian stocks were mixed on Friday while Indonesian shares rose after data showed a surprise trade surplus last month, but Philippines stocks fell. Singapore and Malaysia rose amid reports o...

Asian shares rise after BOJ decision

Asian shares rise after BOJ decision

-- 2019-03-15 12:08:58

Asian shares rose Friday after a day of lackluster trading on Wall Street. Japan’s Nikkei 225 index jumped 1.0 per cent to 21,506.92 as the Bank of Japan ended a policy meeting by keeping its...