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The Financial Express

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JMI to sell 11.10m shares to NIPRO at Tk 164.10 each

JMI to sell 11.10m shares to NIPRO at Tk 164.10 each

FE Online Report 2019-02-17 12:23:29

JMI Syringes & Medical Devices has decided to sell per share at Tk 164.10 to NIPRO Corporation of Japan, including Tk 154.10 as a premium. The decision was taken at an extra-ordinary general meet...

Shasha Denims to acquire 80pc stakes in EOS Textile

Shasha Denims to acquire 80pc stakes in EOS Textile

FE Online Report 2019-02-17 12:19:09

Shasha Denims has decided to acquire 80 per cent stakes in EOS Textile Mills instead of earlier decision of 40 per cent shares at a value of US$ 12 million (Tk 1,014 million). EOS Textiles Mills, a 1...

Stocks rise in early trading; DSEX gets 26 points

Stocks rise in early trading; DSEX gets 26 points

FE Online Report 2019-02-17 11:48:55

The prices of most of the shares on bourses witnessed positive trend in early hour of trading on Sunday as investors are showing their buying spree. Following the previous week’s correction, th...

IPO subscription of New Line Clothings begins Monday

IPO subscription of New Line Clothings begins Monday

FE Report 2019-02-17 10:48:18

The subscription of initial public offering (IPO) of New Line Clothings will begin tomorrow (Monday). Through the IPO, the company will raise a fund worth Tk 300 million (30 crore) from the capital m...

Extended plant of GPH Ispat goes into production by June

Extended plant of GPH Ispat goes into production by June

Our Correspondent 2019-02-17 10:43:19

The extended plant of GPH Ispat is going into production with electric ark furnace quantum method (EAFQM) by June this year which will turn it into a reputed brand. This will enlighten the image of B...

Sensex posts longest losing streak in a year

Sensex posts longest losing streak in a year

-- 2019-02-16 14:06:11

Sensex posted its longest losing streak in a year, as it fell for seven days in a row to hit its lowest close in two weeks on Friday. According to The Economic Times report, the investors’ conf...

US stocks end higher amid trade optimism

US stocks end higher amid trade optimism

-- 2019-02-16 13:49:21

Wall Street ended higher on Friday, as financial stocks outperformed and the market has built up hopes in the possibility of easing US-China trade tensions. The Dow Jones Industrial Average was up 44...

Weekly analysis: Major sectors lead stocks lower

Weekly analysis: Major sectors lead stocks lower

Babul Barman 2019-02-16 10:52:41

Stocks continued to decline, extending their losing streak for a third straight week that ended on Thursday, as investors keep selling shares of major sectors. The week featured five trading days as...

Fortune Shoes shines with highest turnover

Fortune Shoes shines with highest turnover

FE Report 2019-02-16 10:50:26

Fortune Shoes dominated the turnover chart of the Dhaka bourse last week that ended on Thursday while ten most traded companies accounted for nearly 28 per cent of the total transactions. Market anal...

HR Textile to issue corporate bond

HR Textile to issue corporate bond

FE Online Report 2019-02-15 12:39:41

The board of directors of HR Textile Limited has decided to issue a seven years non-convertible redeemable fixed rate corporate bond with face value of Tk 500 million. The company has decided to issu...

SE Asian stocks mostly dip as trade deficit widens

SE Asian stocks mostly dip as trade deficit widens

-- 2019-02-15 11:38:05

Most Southeast Asian stock markets slipped on Friday awaiting developments on the Sino-US negotiations, while Indonesian stocks dropped on disappointing trade data. Wall Street ended slightly lower,...

Fortune Shoes tops turnover chart for third straight day

Fortune Shoes tops turnover chart for third straight day

FE Report 2019-02-15 10:47:48

Ten most traded companies grabbed more than 28 per cent of turnover of the Dhaka Stock Exchange (DSE) on Thursday, with Fortune Shoes remaining at the top of the chart for the third straight session....

Asian stocks fall after weak US data, crude oil buoyant

Asian stocks fall after weak US data, crude oil buoyant

-- 2019-02-15 10:13:58

Asian stocks fell on Friday after weak US retail sales figures raised fresh doubts about the strength of the world’s largest economy, offsetting optimism towards trade talks between the United S...

Green Delta, InfoCorp join hands to facilitate livestock insurance

Green Delta, InfoCorp join hands to facilitate livestock insurance

FE Report 2019-02-14 22:08:16

Green Delta Insurance Company in partnership with Singapore-based InfoCorp Technologies will conduct a pilot project to facilitate livestock insurance in the country. To this effect, both the compani...

European shares hit three-month highs

European shares hit three-month highs

-- 2019-02-14 15:50:49

Optimism about US-China trade talks, strong results from Nestle, AstraZeneca and Airbus helped European shares extend their winning streak to hit their highest in three months on Thursday. The pan-Eu...

Stocks end nearly flat, turnover rises

Stocks end nearly flat, turnover rises

FE Online Report 2019-02-14 15:41:16

Stocks managed to end higher on Thursday amid rising trading activities as investors were active both sides of trading fence. Market analysts said bargain hunters took position on stocks which suffer...

Asian shares edge down in cautious trading

Asian shares edge down in cautious trading

-- 2019-02-14 12:41:05

Asian stocks were mostly lower on Thursday as China and the US kicked off two days of trade negotiations in Beijing. Regional indexes have advanced for three straight days on hopes that both sides wi...

Renata to set-up subsidiary in Ireland

Renata to set-up subsidiary in Ireland

FE Online Report 2019-02-14 12:13:58

The board of directors of Renata Limited has approved the plan to establish a subsidiary company in Ireland fulfilling the regulatory requirement to export in EU countries. Renata, a pharmaceutical a...

Stocks rise on buying spree

Stocks rise on buying spree

FE Online Report 2019-02-14 12:01:17

The prices of most of the shares on bourses witnessed positive trend in early hour of trading on Thursday as some investors are showing their buying spree. Following the previous day’s modest g...

BSEC fines company, two individuals Tk 23m

BSEC fines company, two individuals Tk 23m

FE Report 2019-02-14 10:34:03

The securities regulator has imposed an aggregate amount of penalty -- Tk 23 million -- on a company and two individuals for their 'direct and indirect' involvement in the price hike of shares of a li...

Top ten cos account for 29pc turnover on DSE

Top ten cos account for 29pc turnover on DSE

FE Report 2019-02-14 10:32:32

Fortune Shoes dominated the turnover chart of the Dhaka bourse for the second straight session on Wednesday while ten most traded companies grabbed more than 29 per cent of total transactions. Market...

Stocks rebound after three days of losses

Stocks rebound after three days of losses

FE Online Report 2019-02-13 17:47:50

Stocks rebounded on Wednesday, snapping a three-day losing streak, as optimistic investors showed their buying appetite on large-cap shares. Market analysts said bargain hunters took position on lucr...

LankaBangla Finance recommends 15pc cash dividend

LankaBangla Finance recommends 15pc cash dividend

FE Online Report 2019-02-13 12:28:02

The board of directors of LankaBangla Finance has recommended 15 per cent cash dividend for the year ended on December 31, 2018, said an official disclosure on Wednesday. The final approval of divide...

DSE, CSE gain at opening

DSE, CSE gain at opening

FE Online Report 2019-02-13 11:31:18

The prices of most of the shares on both the bourses witnessed an upward trend in the early hour of trading on Wednesday as some investors were showing their buying spree. Following the previous day&...

BSEC to scrap licences of errant market players

BSEC to scrap licences of errant market players

FE Report 2019-02-13 09:22:26

Bangladesh Securities and Exchange Commission (BSEC) will scrap licences of the errant merchant banks, brokerage houses and dealers, its Chairman Dr M Khairul Hossain reiterated the warning on Tuesday...

Stocks end flat amid high turnover

Stocks end flat amid high turnover

FE Online Report 2019-02-12 15:57:42

Stocks ended almost flat Tuesday with rising trading activities as investors were active on both sides of trading fence. Following the previous two days’ correction, the Dhaka Stock Exchange (D...

SE Asian stocks trade in tight range

SE Asian stocks trade in tight range

-- 2019-02-12 12:44:20

Most Southeast Asian stock markets traded in a tight range on Tuesday as Washington and Beijing started a new round of talks on Monday to resolve their months-long trade dispute. Stock markets across...

Atlas BD sings business deal with TVSAB

Atlas BD sings business deal with TVSAB

FE Online Report 2019-02-12 12:05:06

Atlas Bangladesh, a state-run listed company, signed a five year business agreement with TVS Auto Bangladesh (TVS) on Monday, said an official disclosure. Earlier on May 24, last year, Atlas BD signe...

IPO subscription of Silco Pharma to begin March 07

IPO subscription of Silco Pharma to begin March 07

FE Online Report 2019-02-12 12:04:25

The initial public offering (IPO) subscription of Silco Pharmaceuticals is set to begin on March 07 which will raise a fund worth Tk 300 million from the capital market. The public subscription will...

DSE, CSE shine at opening

DSE, CSE shine at opening

FE Online Report 2019-02-12 11:28:04

The prices of most of the shares on bourses witnessed upward trend in early hour of trading on Tuesday as some investors are showing their buying spree. Following the previous two days’ correct...