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ICB record date November 14

ICB record date November 14

FE Desk Report 2018-10-24 10:53:47

The Board of ICB has recommended 30 per cent cash dividend and 5.0 per cent stock dividend for the year ended on June 30, 2018. The recommendation came at the 547th meeting of Board of Directors of I...

BSEC exempts United Energy from the compliance

BSEC exempts United Energy from the compliance

FE Report 2018-10-24 10:50:37

The securities regulator has allowed United Energy Limited (UEL) to transfer its substantial amount of shares, held at two listed companies, in favour of another company floated under same ownership...

J&J makes $2.1b offer to buy out Ci:z

J&J makes $2.1b offer to buy out Ci:z

-- 2018-10-23 15:01:53

US healthcare conglomerate Johnson & Johnson said on Tuesday it is acquiring all outstanding shares of Japanese cosmetics firm Ci:z Holdings Co Ltd that it does not already own for 230 billion y...

Cautious investors pull down China stocks

Cautious investors pull down China stocks

-- 2018-10-23 13:51:45

China shares slipped on Tuesday as investor concerns about the economy and risks posed by shares pledged for loans continued to hamper sentiment. At midday, the Shanghai Composite index was down 1....

S Alam Group buys sponsor portion of Padma Islami Ins shares

S Alam Group buys sponsor portion of Padma Islami Ins shares

FE Online Report 2018-10-23 13:25:13

Padma Islami Life Insurance has restructured its board following the transfer of 44.78 per cent shares by its former sponsor-directors to the sister concerns of S. Alam Group, the company officials sa...

Asian share markets retreat

Asian share markets retreat

-- 2018-10-23 11:32:11

Asian share markets retreated on Tuesday as worries about softening Chinese growth rattled investors, following a rally that was not picked up by Wall Street overnight. Japan's Nikkei 225 index gave...

Green Delta Capital reappoints MD

Green Delta Capital reappoints MD

FE Report 2018-10-23 10:42:58

Mr. Md. Rafiqul Islam has been appointed as the Managing Director and CEO of Green Delta Capital Limited for the 2nd time which was approved by Bangladesh Securities & Exchange Commission (BSEC)...

PBOC injects $17.3b into market

PBOC injects $17.3b into market

-- 2018-10-22 13:30:59

The People's Bank of China (PBOC), the central bank of China, injected 120 billion yuan (about 17.3 billion US dollars) of funds into the market on Monday through reverse repos to maintain liquidity...

DSE gives up initial gains

DSE gives up initial gains

FE Online Report 2018-10-22 13:15:34

Dhaka bourse displayed a moderate loss on Monday after a sharp of observed on Sunday. After two hour of the session, the DSE broad index DSEX declined 0.85 per cent or 45.55 points to stand at 5285...

Southeast Asian stock markets inch up

Southeast Asian stock markets inch up

-- 2018-10-22 12:56:09

Most Southeast Asian stock markets edged higher on Monday as Chinese stocks extended gains from the previous session after Beijing's pledge to support the economy and tackle market volatility. MSCI's...

Asia shares pare losses as China rallies on stimulus hope

Asia shares pare losses as China rallies on stimulus hope

-- 2018-10-22 11:20:11

Asian share markets pared early losses on Monday as Chinese stocks swung higher for a second session and helped offset geopolitical concerns over Saudi Arabia, Italy and Brexit. Blue chips in Shangha...

Mixed performance of six mutual funds

Mixed performance of six mutual funds

FE Report 2018-10-22 10:54:50

Some six closed-end mutual funds (MFs) have exhibited mixed performance for July-September, 2018 compared to same period of the previous year. During July-September, 2018 the earnings per unit (EPU...

BSECL to make smart prepaid meters

BSECL to make smart prepaid meters

FE Report 2018-10-22 10:51:26

A joint-venture smart prepayment meter-manufacturing firm-Bangladesh Smart Electrical Company Ltd (BSECL)-was established on Sunday. State-run West Zone Power Distribution Company Ltd (WZPDCL) and Ch...

DBBL opens Tier-4 Data Center

DBBL opens Tier-4 Data Center

-- 2018-10-22 00:19:39

Dutch-Bangla Bank has inaugurated the most modern and state-of-the art Data Center which has been certified by epi as Rated-4 (Tier-4). This is the first and only Rated-4 (Tier-4) Data Center in Ban...

DSE opens mixed

DSE opens mixed

FE Online Report 2018-10-21 12:21:41

The Dhaka Stock Exchange (DSE) was in a correction mood on Sunday morning as the major sectors performed mixed. DSEX, the broad index of the Dhaka bourse, stood at 5371.21 points with a loss of 0.19...

EPS of five companies up

EPS of five companies up

FE Report 2018-10-21 10:45:45

Some eight listed companies have disclosed their un-audited financial statements in last week for July-September (Q3), 2018. The earnings per share (EPS) of five companies marginally rose for July-Se...

Number of BO accounts remains unchanged

Number of BO accounts remains unchanged

FE Report 2018-10-21 10:19:15

The number of BO (Beneficiary Owner's) accounts remained almost static in last ten months due to reduced IPO (initial public offering) quota for general investors, stock brokers said. They said most...

With market on edge, investors look to tech trio

With market on edge, investors look to tech trio

-- 2018-10-20 12:29:05

The pressure is on for Amazon, Alphabet and Microsoft as they prepare to report quarterly results at a time when confidence in those market leaders looks increasingly fragile and in danger of derailin...

Investors remain cautious, average turnover dips 34.50 per cent

Investors remain cautious, average turnover dips 34.50 per cent

FE Report 2018-10-20 10:55:10

The country's premier bourse witnessed moderate loss both in broad index and turnover as well amid 'nervy' trading. Selling spree was observed throughout the week as many investors opted to book prof...

AmEx profit tops Wall Street estimates

AmEx profit tops Wall Street estimates

-- 2018-10-19 12:53:02

American Express (AmEx) has topped Wall Street estimates for third-quarter profit and lifted its yearly earnings forecast, as a strengthening US economy powered higher credit card spending. The credi...

Aman Tex holds IPO road show

Aman Tex holds IPO road show

FE Report 2018-10-19 11:58:13

Aman Tex, a concern of Aman group, plans to go public by using the book building method to raise Tk 2.0 billion for its business expansion. The company held its IPO (initial public offering) road sho...

Asia shares slide further

Asia shares slide further

-- 2018-10-19 11:15:56

Asian stocks slipped further on Friday as China posted its weakest economic growth since the global financial crisis, adding to market concerns about trade disputes, rising US interest rates and Italy...

China share falls on weak sentiment

China share falls on weak sentiment

-- 2018-10-18 13:27:39

China shares fell on Thursday amid investor concerns about lean domestic growth with the country's premier warning of increasing downward pressure. The Shanghai Composite index touched its lowest...

Asian shares slip after weaker Japan data

Asian shares slip after weaker Japan data

-- 2018-10-18 10:32:37

Asian shares fell on Thursday after a retreat on Wall Street driven by sell-offs of technology shares, homebuilders and retailers. A report of weaker Japanese exports in September underscored uncert...

‘Equilibrium’ champions in BICM contest

‘Equilibrium’ champions in BICM contest

FE Report 2018-10-18 10:17:08

Equilibrium, a team of students from finance department at Dhaka University, became champions in the Bangladesh Institute of Capital Market (BICM) Case Competition titled Invest Mastros. Fantastic...

Indo-Bangla Pharma's trading debut today

Indo-Bangla Pharma's trading debut today

FE Report 2018-10-18 10:08:56

The debut trading of Indo-Bangla Pharmaceuticals will take place on both the stock exchanges under 'N' category today (Thursday), according to the web posting of Dhaka Stock Exchange (DSE). The off...

Board meetings of 24 cos this month to declare div

Board meetings of 24 cos this month to declare div

FE Report 2018-10-18 10:00:36

At least 24 listed companies are scheduled to hold their board meetings this month to consider, among others, audited financial statements for the year ended on June 30, 2018. The meetings will be...

Japanese shares hit one-week high

Japanese shares hit one-week high

-- 2018-10-17 14:26:54

Japan’s Nikkei share average rose on Wednesday, continuing its recovery from last week’s sharp downturn with a turnaround by Wall Street peers lifting technology stocks. The Nikkei ended...

Asian shares rise after Wall St rebound

Asian shares rise after Wall St rebound

-- 2018-10-17 14:16:37

Asian shares rose on Wednesday as robust US corporate earnings and encouraging data assuaged worries about softening global growth. Japan’s benchmark Nikkei 225 jumped 1.3 per cent to 22,842....

DSE shows mixed trend amid volatility

DSE shows mixed trend amid volatility

FE Online Report 2018-10-17 12:40:28

Dhaka bourse displayed volatility in broad index following mixed performance of major sectors. The market opened positively and soon later the broad index failed to continue the upward trend on Dha...