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The Financial Express

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Sonali Aansh jumps 49pc in a week

Sonali Aansh jumps 49pc in a week

FE Report 2018-12-08 13:39:10

The share price of Sonali Aansh Industries soared 49 per cent or Tk 197 this week, compared to the previous week. The share closed at Tk 730.80 on Thursday, the last trading session of this week. In...

Global shares mixed as trade worries loom; oil surges

Global shares mixed as trade worries loom; oil surges

Reuters 2018-12-08 11:54:21

Concerns over China-US trade tensions gave European shares their worst week of losses in two months and sank US stocks on Friday, overshadowing the lift from higher oil prices and jobs data. While Eu...

Financials push stocks higher

Financials push stocks higher

Babul Barman 2018-12-08 10:50:42

Stocks bounced back this week, as optimistic investors went on a buying spree, snapping up financial issues. Thursday was the last trading session of the week. Week-on-week, DSEX, the prime index of...

European shares attempt to recoup losses

European shares attempt to recoup losses

-- 2018-12-07 15:05:28

European shares attempted on Friday to recoup losses sustained during the previous session’s global selloff but lacked thrust from Wall Street and Asian markets for a significant rebound. By 08...

Japanese shares edge up

Japanese shares edge up

-- 2018-12-07 11:35:48

Japan’s Nikkei share average snapped a three-day losing streak on Friday, drawing some relief after Wall Street shares clawed back some of their sharp losses. Wider gains were capped, however,...

Asia shares struggle to rally, oil skids further

Asia shares struggle to rally, oil skids further

Reuters 2018-12-07 11:10:56

Asian shares fought to sustain the slimmest of recoveries on Friday amid speculation the Federal Reserve might be “one-and-done” with US rate hikes, while oil fell anew as producers bicker...

Auditor gives 'qualified' opinion on PGCB's financial report

Auditor gives 'qualified' opinion on PGCB's financial report

FE Report 2018-12-07 10:34:51

The auditor has given 'qualified' opinion on the financial statement of the Power Grid Company of Bangladesh Ltd. (PGCB), as the report for the year ending on June 30, 2018, contains incomplete info...

Ten cos grab 25pc transactions on DSE

Ten cos grab 25pc transactions on DSE

FE Report 2018-12-07 10:28:42

The ten most traded companies captured more than 25 per cent of the turnover of the prime bourse on Thursday, with Dragon Sweater and Spinning topping the list. According to statistics available wi...

Stocks retreat on selling pressure

Stocks retreat on selling pressure

FE Online Report 2018-12-06 15:52:19

Stocks slipped into the red on Thursday, snapping a four-day gaining streak, as cautious investors booked some profit on sector-wise issues. Market operators said investors were on selling mood throu...

Nikkei hits five-week low

Nikkei hits five-week low

-- 2018-12-06 13:04:46

Japan’s Nikkei closed at more than a five-week low on Thursday as chip-related stocks were hit after Canada arrested a top executive of Chinese tech giant Huawei. Losses intensified later in...

Synesis IT, eGeneration to implement HRM solutions to DDM

Synesis IT, eGeneration to implement HRM solutions to DDM

-- 2018-12-06 12:30:55

eGeneration Ltd and Synesis IT Ltd recently signed an agreement with Department of Disaster Management (DDM) to jointly provide consulting services in developing Human Resources (HR) Performance Manag...

Asian shares skid after arrest of Huawei CFO

Asian shares skid after arrest of Huawei CFO

-- 2018-12-06 12:08:56

Asian stock prices skidded Thursday following the arrest of a senior official at Chinese telecoms equipment maker Huawei that could derail progress in China-US trade talks. Hong Kong’s Hang...

DSE, CSE witness slow trend at opening

DSE, CSE witness slow trend at opening

FE Online Report 2018-12-06 11:27:17

Stocks posted marginal gain in early hour of trading on Thursday as some investors are showing their buying appetite on sector-wise issues. Following the previous four days’ upward movement,...

Foreign funds in DSE slump further in Nov

Foreign funds in DSE slump further in Nov

FE Report 2018-12-06 10:55:06

The net foreign funds in the Dhaka Stock Exchange (DSE) remained negative in November as foreign investors were reluctant to put fresh stakes. Market insiders said depreciation of taka against the...

Capital market achieves high quality structure: Muhith

Capital market achieves high quality structure: Muhith

FE Report 2018-12-06 10:44:52

Finance minister AMA Muhith said the country's capital market has achieved the ability of performing like a high quality market although its expansion is yet to be remarkable. He said this on Tuesd...

Stocks extend gains for 4th day

Stocks extend gains for 4th day

FE Online Report 2018-12-05 15:32:34

Stocks edged higher on Wednesday, extending the gaining streak for the four consecutive sessions, as investors showed their buying spree on sector-wise issues. Market operators said a section of in...

Northern Jute’s share price soaring sans PSI

Northern Jute’s share price soaring sans PSI

FE Online Report 2018-12-05 12:38:24

The share price of Northern Jute Manufacturing Company Limited is soaring without having any undisclosed price sensitive information. Within seven consecutive trading sessions, the company’s...

S Korean stocks hit over one-week low

S Korean stocks hit over one-week low

-- 2018-12-05 11:54:49

South Korea's KOSPI stock index fell over 1.0 per cent on Wednesday to a more than one-week low, after US markets tumbled overnight, while the won and bond yields also fell. At 0132 GMT, the KOSPI...

Stocks nudge higher in early trade

Stocks nudge higher in early trade

FE Online Report 2018-12-05 11:46:36

The prices of most of the shares witnessed upward trend in early hour of trading on Wednesday as optimistic investors are showing their buying appetite on sector-wise issues. Following the previous...

Asian shares fall after Wall Street sell-off

Asian shares fall after Wall Street sell-off

-- 2018-12-05 10:58:24

Asian stocks sank Wednesday after Wall Street plunged amid confusion about what Washington and Beijing agreed to in a tariff cease-fire. Hong Kong’s Hang Seng index fell 1.6 per cent to 26,84...

DSEX crosses 5,300-mark; stocks soar

DSEX crosses 5,300-mark; stocks soar

FE Online Report 2018-12-04 15:34:27

Stocks ended higher on Tuesday with core index crossed the 5,300-mark again as investors showed their buying spree on banking and telecommunication issues. Market insiders said some institutional inv...

SE Asian stocks mixed; Philippines jumps

SE Asian stocks mixed; Philippines jumps

-- 2018-12-04 13:00:33

Southeast Asian stocks were mixed on Tuesday. Philippine stocks rose 2.0 per cent ahead of November inflation data, while Singapore shares fell 1.0 per cent on disappointing manufacturing data. Finan...

Sonali Aansh recommends 10pc dividend

Sonali Aansh recommends 10pc dividend

FE Online Report 2018-12-04 12:02:40

The board of directors of Sonali Aansh Industries Limited has recommended 10 per cent cash dividend for the year ended on June 30, 2018. The final approval of dividend will come during the annual gen...

Stocks tick up at opening

Stocks tick up at opening

FE Online Report 2018-12-04 11:38:41

The prices of most of the shares witnessed positive trend in early hour of trading on Tuesday as optimistic investors are showing buying binge on sector-wise issues. Following the previous day’...

Asia shares fall as lift from US-China trade truce ends

Asia shares fall as lift from US-China trade truce ends

Reuters 2018-12-04 11:14:08

A man walks past an electronic stock quotation board outside a brokerage in Tokyo, Japan, November 13, 2018. Reuters/Files Asian shares fell on Tuesday as a relief rally petered out amid rising doubt...

Pvt life ins cos’ premium income rises to Tk 77,318m in 2017

Pvt life ins cos’ premium income rises to Tk 77,318m in 2017

FE Desk Report 2018-12-04 10:48:40

The total premium income of private life insurance companies increased to Tk 77,318 million in 2017 against Tk 70,954 million in 2016. The total assets of the private life insurance companies also ro...

Unilever to buy 82pc stake of GSK BD

Unilever to buy 82pc stake of GSK BD

FE Desk Report 2018-12-04 10:33:34

GSK will sell its 82 per cent stake in GlaxoSmithKline Bangladesh Limited to Unilever for £566 million. The remaining stakes of GSK Bangladesh, which is listed on Dhaka Stock Exchange, are he...

Stocks edge up amid cautious trading

Stocks edge up amid cautious trading

FE Online Report 2018-12-03 15:52:35

Stocks finished slightly higher for the second day in a row on Monday as investors were trading cautiously ahead of national elections. Market insiders said investors continued trading cautiously a...

LafargeHolcim will merge with Holcim Cement

LafargeHolcim will merge with Holcim Cement

FE Report 2018-12-03 12:15:18

LafargeHolcim Bangladesh Limited (LHBL) will merge with Holcim Cement (Bangladesh) Limited (HBL), a 100 per cent subsidiary of the former. In a disclosure, LHBL said its board of directors has take...

Saif Powertec to invest in subsidiary company

Saif Powertec to invest in subsidiary company

FE Online Report 2018-12-03 12:14:22

The board of directors of Saif Powertec Limited has decided to invest initially Tk 32.50 million in Saif Port Holdings, a subsidiary of the Saif Powertec. Saif Port Holdings will carry on all or an...