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Wall Street drops, S&P 500 confirms correction

Wall Street drops, S&P 500 confirms correction

Reuters 2018-11-24 10:38:10

US stocks closed lower in a shortened post-holiday trading session on Friday as the energy sector tumbled on continued weakness in oil prices, and the benchmark S&P 500 confirmed its second correc...

Most pharma cos post higher EPS for Q1

Most pharma cos post higher EPS for Q1

Babul Barman 2018-11-24 09:45:22

Most of the listed pharmaceuticals companies saw a rise in the earnings for July-September period this year, thanks to higher expense on healthcare. Of the 15 pharmaceuticals companies listed with Dh...

Wall Street slips at the open

Wall Street slips at the open

Reuters 2018-11-23 21:06:57

US stocks fell at open on Friday as energy stocks took a hit from oil prices sliding to their lowest in more than a year, while investors were nervous ahead of US-China trade talks at the G20 summit n...

China leads Asian shares lower on growth, trade worries

China leads Asian shares lower on growth, trade worries

Reuters 2018-11-23 12:23:14

Asian shares slipped on Friday as trade tensions continued to hurt sentiment, while weak corporate earnings in Europe added to worries about global growth and outweighed hopes for progress in Brexit n...

BSEC to probe price hike of four cos

BSEC to probe price hike of four cos

FE Report 2018-11-23 10:02:17

The securities regulator has formed a committee to probe the recent unusual price movement and the volume of shares of four companies. The two-member probe committee will submit its report within 30...

BSEC forms probe body to investigate price hike of four companies’ shares

BSEC forms probe body to investigate price hike of four companies’ shares

FE Online Report 2018-11-22 18:29:36

The Bangladesh Securities and Exchange Commission (BSEC) has formed a committee to investigate recent unusual price hike of shares of four companies. The securities regulator formed the enquiry commi...

DSE, CSE inch up, DSEX crosses 5,300-mark

DSE, CSE inch up, DSEX crosses 5,300-mark

FE Online Report 2018-11-22 15:26:21

Stocks ended slightly higher on Thursday with core index of the prime bourse crossing the 5,300-mark after one month as some investors showed their buying spree on sector-wise stocks. The market op...

Southeast Asian stocks tread water

Southeast Asian stocks tread water

-- 2018-11-22 12:14:06

Most Southeast Asian stock markets treaded water on Thursday while Indonesian shares gained, clawing back some of the previous session's losses. Broader Asian shares ticked up slightly, drawing confi...

Nikkei flat; cosmetics stocks jump

Nikkei flat; cosmetics stocks jump

-- 2018-11-22 10:45:27

Japan’s Nikkei share index was little changed on Thursday as investors stayed on the sidelines before a three-day weekend. The markets traded mostly flat but companies linked to inbound tourism...

Asian shares tick up

Asian shares tick up

Reuters 2018-11-22 09:45:48

Asian shares stepped ahead cautiously on Thursday while oil rebounded from a steep sell-off, though rising US interest rates and escalating trade tensions kept financial markets on edge amid signs of...

Wall Street set to open higher as tech shares recover

Wall Street set to open higher as tech shares recover

-- 2018-11-21 20:38:08

Wall Street was set to claw back some of the losses from a brutal two-day sell off on Wednesday as Apple Inc and other major technology stocks regained a foothold and oil prices steadied, according to...

European shares rebound on budget hopes

European shares rebound on budget hopes

-- 2018-11-21 15:13:08

European shares rose on Wednesday as Italian banks rebounded on hopes Rome could compromise with Brussels over its budget plans. The STOXX 600 rose 0.5 percent in early trading, on course to snap a...

Asian shares sell-off in trade tensions

Asian shares sell-off in trade tensions

-- 2018-11-21 15:01:42

Asian shares fell on Wednesday after a trade dispute between the US and China stalled a weekend meeting, dimming hopes that it could be resolved once their leaders meet. Japan’s benchmark Nik...

Merchant banks allowed provisioning facility

Merchant banks allowed provisioning facility

FE Report 2018-11-21 14:13:55

The securities regulator has allowed the merchant banks to avail provisioning facility like financial institutions (FIs) and mutual funds (MFs). The facility has been offered in case of provisionin...

MTB launches UnionPay payment solutions

MTB launches UnionPay payment solutions

-- 2018-11-20 22:11:04

Mutual Trust Bank Ltd. (MTB) has started issuing UnionPay cards as the first commercial bank in the country, in collaboration with UnionPay International. MTB has also launched UnionPay QR code paymen...

Stocks soar as bank shares surge

Stocks soar as bank shares surge

FE Online Report 2018-11-20 15:12:10

Stocks ended higher on Tuesday, after remaining flat in the past session, as investors showed their buying spree, particularly on financial issues. Market insiders said the institutional investors...

Keya Cosmetics recommends 10pc div

Keya Cosmetics recommends 10pc div

FE Online Report 2018-11-20 12:11:24

The board of directors of Keya Cosmetics Limited has recommended 10 per cent stock dividend for the year ended on June 30, 2018, said an official disclosure on Tuesday. The final approval will come...

Nissan, Mitsubishi shares slump on Ghosn arrest

Nissan, Mitsubishi shares slump on Ghosn arrest

-- 2018-11-20 11:59:54

Nissan and Mitsubishi shares have slumped in early Tokyo trade, after the arrest of chairman Carlos Ghosn. He is accused of under-reporting his income by 5 billion yen ($44.4 million) over five years...

Stocks light up in early trading

Stocks light up in early trading

FE Online Report 2018-11-20 11:25:29

The prices of most of the shares on bourses saw positive trend in early hour of trading on Tuesday as some investors are showing their buying spree on sector-wise stocks. Following the previous day...

Global stock markets tumble on tech sell-off, dollar sags

Global stock markets tumble on tech sell-off, dollar sags

Reuters 2018-11-20 11:23:44

Asian stock markets skidded on Tuesday, extending sharp losses on Wall Street as technology firms bore the brunt of worries about slackening demand, while the dollar sagged after weak US data further...

Bata Shoe recommends 240pc interim cash dividend

Bata Shoe recommends 240pc interim cash dividend

FE Online Report 2018-11-20 11:14:10

The board of directors of Bata Shoe Ltd has recommended 240 per cent interim cash dividend, said an official disclosure on Tuesday. The multinational company declared the interim dividend consideri...

15 per cent tax on income of MFs: Govt extends tenure

15 per cent tax on income of MFs: Govt extends tenure

FE Report 2018-11-20 10:24:30

The government has extended the tenure of paying 15 per cent tax on the income of the mutual fund's management by five years more. On December 5, 2013 15 per cent tax was fixed on the income, which...

BSEC decides to probe irregularities by EIs

BSEC decides to probe irregularities by EIs

Mohammad Mufazzal 2018-11-20 09:32:51

Securities regulator has decided to look into the alleged irregularities indulged in by the eligible investors (EIs) in determining companies' share prices under the book building method (BBM). Bangl...

Stocks end flat; DSE turnover hits record high

Stocks end flat; DSE turnover hits record high

FE Online Report 2018-11-19 15:27:48

Stocks ended almost flat on Monday after volatile trading as investors were active both sides of trading fence while the turnover hit more than two-month high. Market operators said a section of in...

Asian shares rise after Wall St jumps

Asian shares rise after Wall St jumps

-- 2018-11-19 11:58:35

Asian shares were mostly higher Monday after a buying spree on Wall Street sustained investor optimism into the new week, despite continuing worries over trade tensions. Japan's benchmark Nikkei 22...

Nikkei rebounds; financials tumble

Nikkei rebounds; financials tumble

-- 2018-11-19 11:49:59

Japan’s Nikkei share average rebounded on Monday after investors covered their short positions on chip-related stocks, offsetting a drop in financials which were hurt by lower US yields. The...

Stocks inch up in tentative trading

Stocks inch up in tentative trading

FE Online Report 2018-11-19 11:22:01

Stocks edged up in early hour of trading on Monday as some investors are showing their buying spree on sector-wise stocks. Following the previous day’s marginal gain, the Dhaka Stock Exchange...

UCB to form subsidiary for providing MFS

UCB to form subsidiary for providing MFS

FE Online Report 2018-11-19 11:10:41

The board of directors of United Commercial Bank (UCB) has decided to form a subsidiary company, aiming to provide mobile financial services (MFS). The formation of subsidiary company is subject to c...

17 cos allowed in spot market today and tomorrow

17 cos allowed in spot market today and tomorrow

FE Report 2018-11-19 10:39:10

The share trading of 17 listed companies will be allowed only in spot market today (Monday) and tomorrow (Tuesday) as per their spot settlement cycle. The block transactions of the shares of these...

Most cement cos post rise in July-Sept EPS

Most cement cos post rise in July-Sept EPS

FE Report 2018-11-19 10:33:41

The earnings of most of the listed cement companies rose in July-September quarter 2018 compared to the same quarter in the previous year. Of the seven cement companies listed with Dhaka Stock Exch...