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The Financial Express

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Weekly analysis: Stocks snap six-week rally

Weekly analysis: Stocks snap six-week rally

FE Report 2019-02-02 10:37:53

Stocks fell sharply in the last week that ended on Thursday, snapping a six-week rally, as investors adopted a 'cautious' stance following the release of the monetary policy statement (MPS) of the cen...

SE Asian stocks rise on trade talk optimism

SE Asian stocks rise on trade talk optimism

-- 2019-02-01 11:43:20

Southeast Asian stocks rose on Friday as the latest round of Sino-US trade talks ended on a positive note, with President Donald Trump saying he was optimistic that the two nations could reach "the bi...

Asian shares mixed after trade talks

Asian shares mixed after trade talks

-- 2019-02-01 11:35:45

Asian markets were mixed on Friday as trade talks ended in Washington with no deal but the promise of a second meeting between US President Donald Trump and Chinese leader Xi Jinping. Gains were lim...

Stocks tumble on selling pressure

Stocks tumble on selling pressure

FE Report 2019-02-01 10:40:49

The prime index of the Dhaka Stock Exchange (DSE) dipped 1.07 per cent on Thursday, extending the losing streak for the second consecutive session, as most sectors saw sharp price correction. The big...

Intraco Refuelling moves to merge its five subsidiary companies

Intraco Refuelling moves to merge its five subsidiary companies

FE Report 2019-02-01 10:39:09

The Intraco Refuelling Station Limited (IRSL) has decided to merge its five subsidiary companies with itself to reduce the 'management cost' and avail 'tax benefit'. The boards of directors of the IR...

SE Asia stocks gain on Fed decision

SE Asia stocks gain on Fed decision

-- 2019-01-31 12:02:38

Southeast Asian stocks rose on Thursday, in line with broader Asia, as the US Federal Reserve held interest rates steady while signalling its three-year drive to tighten monetary policy may be at an e...

IPO subscription of Runner Automobiles opens today

IPO subscription of Runner Automobiles opens today

FE Report 2019-01-31 10:25:22

The IPO (initial public offering) subscription of Runner Automobiles will open today (Thursday) and will continue till February 10. Some 5.60 million shares (40 per cent) will be issued to general in...

Dhaka bourse witnesses moderate loss

Dhaka bourse witnesses moderate loss

FE Report 2019-01-31 10:23:08

Dhaka bourse on Wednesday witnessed a moderate loss in broad index following price correction witnessed by major sectors. According to some market operators, the market witnessed correction as many i...

Asia stocks scale four-month peak

Asia stocks scale four-month peak

-- 2019-01-31 10:03:16

Asia stocks rose to a four-month high on Thursday after the Federal Reserve pledged to be patient with further interest rate hikes, signalling a potential end to its tightening cycle amid signs of slo...

DSE holds meeting with Chinese strategic partners

DSE holds meeting with Chinese strategic partners

FE Online Desk 2019-01-30 13:41:56

A board meeting of Dhaka Stock Exchange (DSE) on Tuesday discussed different aspects of technical cooperation between the prime bourse of the country and Shenzen Stock Exchange and Shanghai Stock Exch...

SE Asian stocks dip as markets await Fed rate review

SE Asian stocks dip as markets await Fed rate review

-- 2019-01-30 12:33:30

Southeast Asian stocks were lower to little changed on Wednesday as investors awaited the US Federal Reserve's policy review and looked toward trade talks between Washington and Beijing. Philippine...

Asian stocks rise ahead of Fed meeting

Asian stocks rise ahead of Fed meeting

-- 2019-01-30 12:15:56

Asian stocks rose Wednesday as traders awaited a Federal Reserve policy meeting and US-China talks, though Japan's benchmark declined. Japan's Nikkei 225 index retreated 0.5 per cent to 20,555.13 whi...

13 companies witness mixed trends in Q2

13 companies witness mixed trends in Q2

FE Report 2019-01-30 11:27:44

Some 13 listed companies have displayed mixed performance for October-December (Q2), 2018 compared to same quarter of the previous year. The EPS (earnings per share) of many companies rose for Q2 com...

Currency devaluation, interest rate hike hit ACI earnings

Currency devaluation, interest rate hike hit ACI earnings

FE Report 2019-01-30 11:19:27

ACI Limited has incurred loss for October-December (Q2), 2018 due to five reasons including currency 'devaluation'. The company topped the chart of top 10 losers on Tuesday following the loss for Q2....

Asian stocks fall after US files Huawei charges

Asian stocks fall after US files Huawei charges

-- 2019-01-29 12:10:06

Asian shares fell on Tuesday after the US Justice Department unsealed criminal charges against China’s Huawei, its subsidiaries and a top executive ahead of trade talks. Japan’s Nikkei 22...

SE Asian stocks slip as trade worries loom

SE Asian stocks slip as trade worries loom

-- 2019-01-29 12:08:38

Southeast Asian stocks fell on Tuesday after the United States charged China's Huawei with bank fraud and for conspiring to steal trade secrets, denting hopes of a trade deal days before the trade tal...

DSE edges down amid volatility

DSE edges down amid volatility

FE Online Report 2019-01-29 12:07:12

Dhaka bourse displayed volatility in the early of Tuesday’s session amid price correction witnessed by some major sectors. The market opened positively and soon later the DSE broad index DSEX d...

IFAD Autos acquires 49pc holding of Gulf Oil

IFAD Autos acquires 49pc holding of Gulf Oil

FE Report 2019-01-29 10:36:41

IFAD Autos has acquired 49 per cent holding of Gulf Oil (BD) at a cost of above Tk 119.07 million. In a disclosure, the company said all formalities regarding the acquisition have already been comple...

Standard Bank to raise Tk 5.0b

Standard Bank to raise Tk 5.0b

FE Report 2019-01-29 10:29:54

Standard Bank will raise a capital worth Tk 5.0 billion to strengthen its capital base as part of Tier-II Regulatory Capital requirement. The fund will be collected issuing coupon bearing non-convert...

Stocks down, GP recommends 155pc div

Stocks down, GP recommends 155pc div

FE Report 2019-01-29 10:26:11

Dhaka bourse declined marginally on Monday following the price correction witnessed by financial sectors. On the day, investors exerted selling pressure on general and life insurance sectors which re...

Dhaka stocks rally at midday

Dhaka stocks rally at midday

FE Online Report 2019-01-28 12:44:57

Dhaka bourse started the Monday’s session with a marginal rise amid mixed performance of the major sectors. The DSE broad index DSEX rose 0.19 per cent or 11.46 points to close at 5950.91 point...

Brazil's Vale suspends dividends, bonuses after dam disaster

Brazil's Vale suspends dividends, bonuses after dam disaster

-- 2019-01-28 11:18:02

Vale SA, the world’s largest iron ore miner, suspended its planned shareholder dividends, share buybacks, and executive bonuses in light of a deadly tailings dam disaster in Brazil, according to...

Turnover hits 16-month high

Turnover hits 16-month high

FE Report 2019-01-28 10:28:36

Dhaka bourse witnessed marginal correction in broad index on Sunday following mixed performance displayed by major sectors. On the day, the turnover hit 16-month high as many investors injected fresh...

Prices of ten companies rise 'unusually'

Prices of ten companies rise 'unusually'

FE Report 2019-01-28 10:26:51

The share prices of ten listed companies recently rose 'unusually' despite there was no undisclosed price sensitive information for such price hike of shares. The companies' share prices rose 17 per...

Asian stocks advance after US govt reopens for now

Asian stocks advance after US govt reopens for now

-- 2019-01-28 10:24:04

Asian stocks advanced on Monday as Wall Street rallied after a deal was announced to reopen the US government following a prolonged shutdown that had taken a toll on investor sentiment. MSCI’s...

Far East Knitting posts steady growth in turnover

Far East Knitting posts steady growth in turnover

Mohammad Mufazzal 2019-01-27 10:35:04

Far East Knitting & Dyeing Industries (FEKDI) has posted a steady growth in turnover values in last five fiscal years (FYs) following the company's increased production capacity. But a mixed tren...

EPS of eight companies rise marginally in Q2

EPS of eight companies rise marginally in Q2

FE Report 2019-01-27 10:32:24

The EPS (earnings per share) of eight listed companies rose marginally for October-December (Q2), 2018 compared to same period of the previous year. The EPS of Miracle Industries, S. S. Steel, Dhak...

China names banking veteran to head securities regulator

China names banking veteran to head securities regulator

-- 2019-01-26 17:25:47

China has appointed banking veteran Yi Huiman to head the China Securities Regulatory Commission (CSRC). The appointment was announced at a time when investor confidence has been hit by a slowing eco...

World stocks rise after US shutdown ends

World stocks rise after US shutdown ends

-- 2019-01-26 12:02:30

Global stocks rose on Friday as investors reacted to corporate earnings reports and US President Donald Trump announced an agreement to end the longest ever US government shutdown. Wall Street indexe...

US stocks end higher on Washington shutdown deal

US stocks end higher on Washington shutdown deal

-- 2019-01-26 11:14:19

Wall Street ended higher on Friday after a broad-based rally, with investors heartened by news that Washington would move to temporarily end the longest US government shutdown in history. Based on th...