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Atlas Bangladesh recommends 10pc dividend

Atlas Bangladesh recommends 10pc dividend

FE Online Report 2018-11-06 12:00:56

The board of directors of Atlas Bangladesh has recommended 10 per cent stock dividend for the year ended on June 30, 2018. The final approval of dividend will come during the annual general meeting...

Stocks witness downturn in cautious stance

Stocks witness downturn in cautious stance

FE Online Report 2018-11-06 11:38:33

The prices of most of the shares on bourses witnessed downward trend in early hour of trading Tuesday as investors mostly followed cautious stance. Following the previous four days’ correction,...

Asian shares meander ahead of US midterms vote

Asian shares meander ahead of US midterms vote

-- 2018-11-06 11:18:55

Share prices are mixed in Asia as markets await the outcome of the US midterm elections. Japan's Nikkei 225 index jumped 1.0 per cent to 22,104.37 and the Kospi in South Korea added 0.1 per cent to 2...

Pharma Aids recommends 50pc cash dividend

Pharma Aids recommends 50pc cash dividend

FE Online Report 2018-11-06 11:04:51

The board of directors of Pharma Aids has recommended 50 per cent cash dividend for the year ended on June 30, 2018. The final approval of dividend will come during the Annual General Meeting (AGM) s...

Two-third gen insurance cos post rise in Q3

Two-third gen insurance cos post rise in Q3

FE Report 2018-11-06 10:37:12

The earnings of most of the listed general insurance companies rose in the nine months to September last compared to that of the corresponding period last year. According to the un-audited financia...

Standard Ceramic recommends 2.0pc div

Standard Ceramic recommends 2.0pc div

FE Online Report 2018-11-05 20:43:00

The board of directors of Standard Ceramic Industries Ltd has recommended 2.0 per cent cash dividend for general shareholders only (other than sponsors and directors) for the year ended on June 30,...

Stocks keep losing for fourth straight day

Stocks keep losing for fourth straight day

FE Online Report 2018-11-05 15:43:14

Stocks witnessed yet another downbeat session on Monday, extending the losing streak for the fourth straight session as investors mostly followed cautious stance. Market operators said lower than exp...

European shares decline after Asian markets fall

European shares decline after Asian markets fall

-- 2018-11-05 15:39:42

European shares dipped on Monday after markets in Asian again suffered from investor nervousness over fast-rising interest rates in the United States and its trade dispute with China. The pan-Europ...

Asian shares sell off

Asian shares sell off

-- 2018-11-05 14:57:27

Asian stocks skidded on Monday as fears of faster rate hikes in the United States and uncertainty around the Sino-US trade war deterred investment in riskier assets, while sterling briefly jumped to a...

Matin Spinning recommends 17pc cash dividend

Matin Spinning recommends 17pc cash dividend

FE Online Report 2018-11-05 11:58:41

The board of directors of Matin Spinning Mills has recommended 17 per cent cash dividend for the year ended on June 30, 2018, according to an official disclosure on Monday. The final approval of divi...

World Congress of Accountants kicks off today in Sydney

World Congress of Accountants kicks off today in Sydney

FE Report 2018-11-05 11:21:06

A major international 4-day accounting conference begins in Sydney today (Monday) that will bring together more than 6,000 delegates from over 130 countries to hear world-class speakers and leaders fr...

Power Grid Company recommends 17pc cash dividend

Power Grid Company recommends 17pc cash dividend

FE Online Report 2018-11-05 11:06:48

The board of directors of Power Grid Company of Bangladesh Limited has recommended 17 per cent cash dividend for the year ended on June 30, 2018, according to an official disclosure on Monday. The fi...

Sluggish turnover affects govt earning from DSE

Sluggish turnover affects govt earning from DSE

Babul Barman 2018-11-05 10:11:19

The government revenue earnings from the Dhaka bourse fell 12 per cent month-on-month in October this year on the back of falling trade volumes. Market insiders said sluggish trading activities coupl...

Stocks extend loss for third straight day

Stocks extend loss for third straight day

FE Online Report 2018-11-04 16:41:36

Stocks witnessed moderate correction on Sunday, extending the losing streak for the third straight session, amid poor earnings and dividend declarations. Market operators said lower than expected div...

Shepherd Industries to invest Tk 250m in Shepherd Textile

Shepherd Industries to invest Tk 250m in Shepherd Textile

FE Online Report 2018-11-04 12:27:14

The board of directors of Shepherd Industries has decided to invest Tk 250 million in paid-up capital of Shepherd Textile, a non-listed company, subject to approval of the securities regulator. The b...

Five more listed cos recommend dividends

Five more listed cos recommend dividends

FE Online Report 2018-11-04 12:07:58

Five more listed companies have recommended dividends for the year ended on June 30, 2018, according to separate official disclosures on Sunday. The companies are: Bangas, Fu-Wang Ceramic, Regent Tex...

KDS Accessories posts 31pc revenue growth

KDS Accessories posts 31pc revenue growth

Babul Barman 2018-11-04 10:03:34

KDS Accessories, a Chittagong-based leading garment accessories producer, maintained a steady sales and profit growth since listing on the bourses. The garment accessories maker posted a 31 per cent...

ADN Telecom's IPO bidding begins tomorrow

ADN Telecom's IPO bidding begins tomorrow

FE Report 2018-11-04 09:55:06

The bidding for discovering cut-off price for initial public offering (IPO) of ADN Telecom Ltd by eligible investors will begin tomorrow (Monday). The electronic bidding will continue until 5.00pm on...

Apple share plunges after soft holiday forecast

Apple share plunges after soft holiday forecast

-- 2018-11-03 13:41:08

Shares in Apple Inc fell 6.0 per cent on Friday, cutting its market value back to less than $1 trillion after it forecast softer-than-expected sales for the holiday quarter. The company fuelled nerve...

Global stocks end a strong week with losses

Global stocks end a strong week with losses

-- 2018-11-03 13:26:35

World stocks ended a strong week on Friday, while US stocks slipped as Apple absorbed its worst loss in more than four years. Apple forecast weak revenue in the current quarter and startled investor...

Stocks extend losses amid poor earnings disclosure

Stocks extend losses amid poor earnings disclosure

FE Report 2018-11-03 10:24:47

Stocks posted marginal correction last week, extending the losing streak for the third straight week, amid poor earning disclosures by a number of companies. Market operators said earnings and divi...

Nine cos recommend dividends for the first time after listing

Nine cos recommend dividends for the first time after listing

FE Report 2018-11-03 10:21:07

Some 91 more companies recommended dividend up to 250 per cent for the year ended on June 30, 2018 while 17 companies recommended 'no' dividend last week, according to official disclosures. Of the...

China, HK shares jump after Trump and Xi's phone call

China, HK shares jump after Trump and Xi's phone call

-- 2018-11-02 12:15:49

China stocks and Hong Kong stocks jumped on Friday on hopes of a wind-down in trade tensions after US President Donald Trump said he had a “very good” phone conversation with Xi Jinping....

Asian shares climb after Wall St rebound

Asian shares climb after Wall St rebound

-- 2018-11-02 12:01:44

Asian shares advanced Friday after a strong finish on Wall Street, helped by news of possible progress on resolving trade tensions between China and the US. Hong Kong’s Hang Seng index jumped 2...

Most NBFIs post fall in nine-month EPS

Most NBFIs post fall in nine-month EPS

FE Online Report 2018-11-02 11:23:18

The earnings of most of the non-bank financial institutions (NBFIs) fell in the nine months to September last compared to that of the corresponding period of last year. According to the un-audited fi...

BRAC Bank posts 4.28pc growth in Jan-Sept profit

BRAC Bank posts 4.28pc growth in Jan-Sept profit

-- 2018-11-02 11:21:46

BRAC Bank Limited posted a Year on Year growth of 4.28 per cent in profit after tax in the nine months to September 30 last, the bank said in statement on Thursday. The disclosure came at a function...

Asian shares jump as investors see trade war progress

Asian shares jump as investors see trade war progress

-- 2018-11-02 10:47:49

Asian shares jumped on Friday after a phone call between the US and Chinese presidents raised hopes of a thaw in trade tensions, but gains were checked by signs of slowing global growth and a warning...

Stocks slide as investors shun risk

Stocks slide as investors shun risk

FE Online Report 2018-11-01 15:56:15

Stocks extended the losing streak for the second day in a row on Thursday, as investors maintained their risk aversion amid poor earnings declarations by a number of companies. Market insiders said i...

Tokyo stocks end lower

Tokyo stocks end lower

-- 2018-11-01 14:38:04

Tokyo stock ended lower Thursday as investors offloaded firms reporting subpar earnings, while telecommunications issues weighed on the broader market amid concerns over price competition. The 225-is...

Three listed cos recommend dividend

Three listed cos recommend dividend

FE Online Report 2018-11-01 12:10:22

Three listed companies—Kohinoor Chemicals, Orion Pharma and Orion Infusion—have recommended dividend for the year ended on June 30, 2018, according to official disclosures on Thursday. Sa...