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The Financial Express

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Stocks plunge further on selling spree

Stocks plunge further on selling spree

FE Online Report 2017-12-07 12:00:00

Stock market plunged further on Thursday, the last trading day of the week, mostly due to higher selling in financial and large-cap securities. The Dhaka Stock Exchange (DSE) and the Chittagong Stock...

Peninsula downgraded to ‘B’ category

Peninsula downgraded to ‘B’ category

FE Online Report 2017-12-07 12:00:00

Port city-based hotel The Peninsula Chittagong will be placed in ‘B’ category from the existing ‘A’ category with effect from Sunday next. The travel & leisure s...

Public subscription of CAPM IBBL MF to begin Dec 10

Public subscription of CAPM IBBL MF to begin Dec 10

FE Report 2017-12-07 10:17:12

The initial public offering (IPO) subscription of CAPM IBBL Islamic Mutual Fund, a closed-end mutual fund, is set to begin December 10 which will raise Tk 300 million through IPO from the general publ...

China shares slip to three-month lows

China shares slip to three-month lows

-- 2017-12-06 12:12:31

Shanghai stocks fell to three-month lows on Wednesday, amid rising expectations that central banks will tighten liquidity, pushing interest rates higher. At 04:20 GMT, the Shanghai Composite index wa...

Japanese shares drop record low

Japanese shares drop record low

-- 2017-12-06 12:04:32

Japan’s Nikkei share average slipped on Wednesday, falling below its 25-day moving average almost for the first time since September, as materials, shippers and other cyclical shares came under...

DSE, CSE marginally higher at opening

DSE, CSE marginally higher at opening

FE Online Report 2017-12-06 12:00:00

The prices of most of the shares on both bourses saw positive trend in early trading Wednesday, penultimate trading day of the week, as investors continued their buying appetite on sector-wise issues....

Roknoor Holdings to buy 3.64m Premier Cement shares

Roknoor Holdings to buy 3.64m Premier Cement shares

FE Online Report 2017-12-06 12:00:00

Roknoor Holdings Limited has expressed its intention to buy more than 3.64 million shares of the Premier Cement at prevailing market price through stock exchange within next 30 working days. “R...

Thrust on building  financial ecosystem

Thrust on building financial ecosystem

FE Online Desk 2017-12-06 12:00:00

M2M Group arranged a roadshow of their products in The Westin Hotel Dhaka recently. Commerce Minister Tofail Ahmed, MP, was the chief guest while Hosne Ara Begum, ndc, Managing Director, Hi-Tech Park...

Stocks slip into red amid sluggish turnover

Stocks slip into red amid sluggish turnover

FE Online Report 2017-12-06 12:00:00

Stocks slipped into the red Wednesday as risk-averse investors opted for booking profit on bank and telecom stocks. Dealers said investors were mostly inactive and not confident enough to put in fres...

Exim Bank launches app-based service

Exim Bank launches app-based service

-- 2017-12-06 12:00:00

The Exim Bank has launched app-based eWallet Banking Service to generate more transactions to reduce customers’ time and energy. Through the app, titled Apps Banking, the Exim Bank customers ca...

Wall Street losses pull down Asian stocks

Wall Street losses pull down Asian stocks

Reuters 2017-12-06 11:44:02

Asian stocks slipped on Wednesday, dragged by losses on Wall Street as the technology sector stuttered yet again after a brief rebound, while the dollar sagged on lower long-term US yields. Weaker co...

Capital Market Expo-2017 begins Thursday

Capital Market Expo-2017 begins Thursday

FE Report 2017-12-06 10:58:53

A three-day long Bangladesh Capital Market Expo-2017 begins tomorrow (Thursday) at Shilpakala Academy in the city. Commerce Minister Tofail Ahmed will attend the inaugural ceremony of the Expo as t...

WB, IFC mission holds meeting with DSE

WB, IFC mission holds meeting with DSE

-- 2017-12-06 06:03:59

A delegation of a mission, jointly conducted by the World Bank Group and the International Finance Corporation (IFC), held a meeting with the Dhaka Stock Exchange authority. During the meeting on Tue...

Nikkei ends mostly lower

Nikkei ends mostly lower

-- 2017-12-05 12:51:19

Japan’s Nikkei share average dropped on Tuesday with semiconductor equipment manufacturers’ stocks hit by weakness in US tech shares overnight, undercutting gains for banks and brokerages....

SIBL to issue Tk 5.0 billion Mudaraba Bond

SIBL to issue Tk 5.0 billion Mudaraba Bond

FE Online Report 2017-12-05 12:40:21

The board of directors of Social Islami Bank Limited (SIBL) has decided to issue ‘SIBL 3rd Mudaraba Subordinated Redeemable Bond’ of Tk 5.0 billion for 7 years, said an official disclosu...

City Bank to issue Tk 7b subordinated bond

City Bank to issue Tk 7b subordinated bond

FE Online Report 2017-12-05 12:39:09

The board of directors of City Bank Limited has decided to issue subordinated debt (bond) worth Tk 7.0 billion, said an official disclosure on Tuesday.  “The bank will issue the bond for r...

Legacy Footwear extends time to resume production

Legacy Footwear extends time to resume production

FE Online Report 2017-12-05 12:00:00

The board of directors of Legacy Footwear Limited has extended more than one month time to complete the remaining unfinished work to resume production. The company’s production had been suspend...

Stocks up at opening Tuesday

Stocks up at opening Tuesday

FE Online Report 2017-12-05 11:42:47

Bangladesh’s stocks witnessed upward trend in early hour of trading on Tuesday as some optimistic investors are taking position on sector-wise stocks. Among the listed multinational companies,...

Tax receipts from DSE double in July-Nov

Tax receipts from DSE double in July-Nov

FE Report 2017-12-05 11:23:08

The government's revenue earnings from the prime bourse marked a whopping 112 per cent rise in the first five months of the current fiscal year (FY) compared to the same period a year ago amid rising...

UCBL signs agreement with CMP

UCBL signs agreement with CMP

-- 2017-12-05 05:36:44

United Commercial Bank Limited (UCBL) has signed an agreement with Chittagong Metropolitan Police (CMP) recently on ‘E-trafficking Prosecution and Fine Payment System’.  As per the a...

ACME Laboratories holds AGM

ACME Laboratories holds AGM

FE Online Desk 2017-12-05 03:43:27

The ACME Laboratories Limited (ACME) organised its 41stAnnual General Meeting (AGM) at the PSC Convention Hall in Dhaka on Monday. The shareholders of the ACME Laboratories has approved cash dividend...

DSE, CSE bounce back in green zone

DSE, CSE bounce back in green zone

FE Online Report 2017-12-05 02:58:37

Bourses returned to the green zone on Tuesday, but the turnover edged lower than the previous session as investors opted for buying riding on sector-specific issues. DSEX, the prime index of the DS...

Asian stocks slip in dull trade

Asian stocks slip in dull trade

-- 2017-12-05 01:05:31

Asian shares were mostly lower on Tuesday after a lackluster session on Wall Street, where technology stocks tumbled. Investors are keeping an eye on US tax legislation and Brexit negotiations, repo...

CRISIL assigns “AA-” rating to ACME

CRISIL assigns “AA-” rating to ACME

FE Online Report 2017-12-04 12:12:23

Credit Rating Information and Services Limited (CRISL) has assigned the rating of The ACME Laboratories as “AA-” in the long-term, said an official disclosure on Monday”. The rati...

DSE rises at opening, CSE slips

DSE rises at opening, CSE slips

FE Online Report 2017-12-04 11:37:36

The Dhaka Stock Exchange (DSE) witnessed positive trend while the port city’s bourse saw negative trend in early trading on Monday as investors mostly followed cautious stance. Within first 15...

Asian shares mostly rise

Asian shares mostly rise

-- 2017-12-04 10:39:29

Asian stock markets were mostly higher on Monday, after the US Senate approved a tax overhaul bill early Saturday. Japan’s Nikkei 225 dipped 0.2 per cent to 22,774.38 while South Korea’s...

Japanese stocks edge lower

Japanese stocks edge lower

-- 2017-12-04 10:24:08

Japan’s Nikkei share average edged lower on Monday with weakness in large-cap stocks such as Fanuc and SoftBank taking a toll, offsetting gains in retail stocks which rose on strong monthly sale...

OTC trading system to go live soon

OTC trading system to go live soon

Mohammad Mufazzal 2017-12-04 10:14:06

The automated trading system of the OTC (over-the-counter) market of the country's premier bourse is set to go live by February next under new regulation. The draft of regulation will also facilitate...

Stocks continue losing streak

Stocks continue losing streak

FE Online Report 2017-12-04 03:51:22

Stocks extended the losing streak for the two consecutive sessions on Monday as risk-averse investors continued to opt for booking profit on sector-wise stocks. Dealers said the cautious investors co...

Tosrifa starts partial commercial production of new dyeing unit

Tosrifa starts partial commercial production of new dyeing unit

FE Online Report 2017-12-03 12:17:43

Tosrifa Industries has partially started commercial operation of expanded dyeing unit of the company with initial public offering (IPO) fund located at Shreepur in Gazipur. Tosrifa, a flagship of Nor...