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The Financial Express

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DSE introduces monthly fee for mobile app use

DSE introduces monthly fee for mobile app use

FE Online Report 2018-12-23 13:42:33

The Dhaka Stock Exchange (DSE) has decided to introduce a mobile app usage monthly fee of Tk 150 per user from January 1, 2019. “DSE TREC (Trading Right Entitlement Certificate) holders are req...

BD’s stock market faces ‘election nervousness’: AFC report

BD’s stock market faces ‘election nervousness’: AFC report

FE Online Report 2018-12-23 13:13:12

The overall stock market of Bangladesh has remained weak this year due to nervousness in the run up to the national elections. Annual review report of the AFC Asia Frontier Fund made the observation....

Stocks post marginal gains at opening

Stocks post marginal gains at opening

FE Online Report 2018-12-23 11:37:04

The prices of most of the shares on both the bourses witnessed a positive trend in the early hour of trading on Sunday as some investors remained active on sector-wise issues amid cautious trading ahe...

DSE to hold election for a director January 24

DSE to hold election for a director January 24

FE Report 2018-12-23 10:47:11

An election for the post of a shareholder-director of Dhaka Stock Exchange (DSE) will be held on January 24, as a director will retire this year in line with the demutualisation scheme. This year, Md...

Modhumoti Bank puts thrust on SME, digitisation

Modhumoti Bank puts thrust on SME, digitisation

Siddique Islam 2018-12-23 10:21:53

Modhumoti Bank Limited (MMBL) wants to become a SME-focused bank gradually aiming to facilitate developing entrepreneurship particularly in the rural areas of Bangladesh, the bank's top executive has...

RFL declares 23pc cash dividend

RFL declares 23pc cash dividend

FE Online Desk 2018-12-22 15:44:15

The board of directors of Rangpur Foundry Ltd (RFL) has declared 23 per cent cash dividend for the year 2017-2018. The approval of the dividend came at the 38th Annual General Meeting (AGM) of the co...

Canadian stock falls for 4th straight day

Canadian stock falls for 4th straight day

-- 2018-12-22 11:36:42

Canadian main stock market fell for a fourth day in a row Friday due to lower health and oil prices while the Canadian dollar weakened to a 19-month low. The Toronto Stock Exchange's benchmark S&...

World stock markets sell-off again

World stock markets sell-off again

-- 2018-12-22 11:24:52

World stock markets continued a week-long sell-off on Friday as the threat of a US government shutdown. MSCI’s index of global equities fell 1.5 per cent, dragged down by broad declines in Eur...

Weekly analysis: Stocks eke out small gains

Weekly analysis: Stocks eke out small gains

FE Report 2018-12-22 11:01:15

Stocks posted a marginal gain last week that ended on Thursday, as smart investors collected shares despite growing political tensions in the run-up to the national election. Week-on-week, DSEX, the...

Titas Gas earns Tk 3.39b as net profit

Titas Gas earns Tk 3.39b as net profit

FE Report 2018-12-22 10:57:20

The 37th annual general meeting (AGM) of Titas Gas Transmission & Distribution Company was held at the Officers' Club in Dhaka on Thursday. Abu Hena Md Rahmatul Muneem, Secretary of Energy &...

DSE net profit drops 16 per cent

DSE net profit drops 16 per cent

FE Report 2018-12-22 10:53:12

The board of directors of Dhaka Stock Exchange (DSE) has recommended 5.0 per cent cash dividend for the fiscal year (FY) 2017-18, although its net profit fell nearly 16 per cent year-on-year. The pre...

Nikkei falls to new 15-month low

Nikkei falls to new 15-month low

-- 2018-12-21 12:42:34

Japanese shares suffered more losses on Friday, with major indexes sinking to fresh multi-month lows, as the threats of further hikes in US borrowing costs. The benchmark Nikkei share average lost...

Asian shares fall for 2nd day

Asian shares fall for 2nd day

-- 2018-12-21 11:57:46

Asian stocks fell further Friday after Wall Street slid on recession fears, putting markets in Shanghai, Tokyo and Sydney on track to end 2018 down more than 10 per cent. Tokyo’s Nikkei 225 ind...

CVO Petro Refinery approves 2.0pc div

CVO Petro Refinery approves 2.0pc div

FE Desk Report 2018-12-21 10:44:49

CVO Petrochemical Refinery Limited organised its 33rd annual general meeting (AGM) on its corporate office premises at Katalganj in Chattogram on Thursday. At the meeting, the shareholders approved 2...

Shares shine amid cautious trading

Shares shine amid cautious trading

FE Online Report 2018-12-20 15:47:02

Stocks extended the gaining streak for the third straight session on Thursday as investors continued their buying binge amid cautious trading. DSEX, the prime index of the Dhaka Stock Exchange (DSE),...

Genex Infosys to allocate 20m ordinary shares

Genex Infosys to allocate 20m ordinary shares

FE Online Report 2018-12-20 15:31:18

Genex Infosys will allocate 20 million ordinary shares among the successful applicants as the company’s IPO lottery draw was held today (Thursday). The initial public offering (IPO) lottery dra...

Asian stocks fall after Fed raises rates

Asian stocks fall after Fed raises rates

-- 2018-12-20 12:09:37

Asian shares fell on Thursday after the Federal Reserve raised US interest rates and Wall Street dived to a 15-month low. Tokyo’s Nikkei 225 index fell 1.7 per cent to 20,631.45 points and the...

SE Asian stocks slip tracking Asian peers

SE Asian stocks slip tracking Asian peers

-- 2018-12-20 12:07:43

Most Southeast Asian shares fell in line with their Asian peers on Thursday after the US Federal Reserve kept most of its outlook for further interest rate hikes in 2019. Malaysian and Indonesian sha...

BSRM to invest Tk 390m in BSM Steel

BSRM to invest Tk 390m in BSM Steel

FE Online Report 2018-12-20 11:36:09

The board of directors of Bangladesh Steel Re-Rolling Mills Ltd (BSRM) has decided to make equity investment of Tk 390 million (approximately) in a new joint venture company. The name of the new join...

Stocks open positive amid cautious trading

Stocks open positive amid cautious trading

FE Online Report 2018-12-20 11:28:42

Stocks witnessed positive trend in early hour of trading on Thursday as some investors are active on sector-wise issues amid cautious trading ahead of national elections. Following the previous two d...

BSEC extends timeframe till Dec 31, 2020

BSEC extends timeframe till Dec 31, 2020

FE Report 2018-12-20 10:38:22

The securities regulator has extended the timeframe till December 31, 2020 for keeping provision against unrealised losses in margin accounts of stock dealers' and stock brokers' clients. The unreali...

GPH Ispat vows to enrich steel sector

GPH Ispat vows to enrich steel sector

Our Correspondent 2018-12-20 10:35:06

The 12th annual general meeting (AGM) of GPH Ispat Ltd has approved 10 per cent stock dividend for the shareholders for the 2017-2018 fiscal year. The approval of dividend came in the AGM held at Chi...

IPO lottery draw of Genex Infosys today

IPO lottery draw of Genex Infosys today

FE Desk Report 2018-12-20 10:27:55

The IPO lottery draw of Genex Infosys will be held today (Thursday) which will allocate 20 million ordinary shares among the successful applicants. The initial public offering (IPO) lottery draw wil...

Stocks end higher after volatile trading

Stocks end higher after volatile trading

FE Online Report 2018-12-19 15:35:03

Stocks posted marginal gain Wednesday as some investors brought in the undervalued stocks amid cautious trading. DSEX, the prime index of the Dhaka Stock Exchange (DSE), settled at 5,242, advancing 8...

Oracle Corporation’s earning per share rises by 18pc

Oracle Corporation’s earning per share rises by 18pc

FE Online Desk 2018-12-19 13:41:04

Oracle Corporation (NYSE: ORCL) announced fiscal 2019 Q2 results on Tuesday. Total Revenues were unchanged at $9.6 billion and up 2% in constant currency, compared to Q2 last year. Total Cloud Servic...

Nikkei hits near nine-month low

Nikkei hits near nine-month low

-- 2018-12-19 12:18:12

Japan’s Nikkei fell over 1.0 per cent on Wednesday to its lowest level in nearly nine months amid caution ahead of the US Federal Reserve’s upcoming policy decision. After swerving in and...

Asian stocks see mixed

Asian stocks see mixed

-- 2018-12-19 12:13:06

Asian stocks were mixed on Wednesday, as traders mulled over the Federal Reserve’s interest rate decision and weaker-than-expected Japanese trade data. Japan’s Nikkei 225 index fell 0.4 p...

Shares drive gains in early trading

Shares drive gains in early trading

FE Online Report 2018-12-19 11:45:24

The prices of most of the shares on bourses witnessed positive trend in early hour of trading on Wednesday as some investors are active on sector-wise issues amid cautious trading ahead of elections....

Govt earnings from DSE fall 19pc in Nov

Govt earnings from DSE fall 19pc in Nov

FE Report 2018-12-19 10:32:31

The government revenue earnings from the Dhaka Stock Exchange (DSE) fell 19 per cent month-on-month in November this year on the back of falling trade volumes. Market insiders said sluggish market tr...

Aramit approves 50pc cash div

Aramit approves 50pc cash div

FE Desk Report 2018-12-19 10:27:41

Aramit Limited, a unit of Aramit Group, a Chittagong-based leading industrial conglomerate of the country has approved 50 per cent final cash dividend for the year ended on 30th June, 2018, said a sta...