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The Financial Express

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BRAC Bank strengthens financial and digital ecosystem

BRAC Bank strengthens financial and digital ecosystem

FE Report 2018-10-17 10:43:02

BRAC Bank has undertaken a number of projects aiming to become the best bank in Bangladesh using modern and world-class digital technologies by 2020, the bank's top executive has said. "We're now wor...

BSEC approves MF prospectus

BSEC approves MF prospectus

FE Report 2018-10-17 10:38:13

The securities regulator has approved the draft prospectus of Shanta Amanah Shariah Fund, an open-end mutual fund (MF). The approval came at a meeting at the office of the Bangladesh Securities and E...

Mideast stocks firm; Saudi shares fall

Mideast stocks firm; Saudi shares fall

-- 2018-10-16 14:37:56

Gulf markets were mostly firm on Tuesday but Saudi Arabia’s shares fell amid concern that international outrage over the disappearance of dissident journalist Jamal Khashoggi will hurt foreign...

Dhaka bourse creeps lower

Dhaka bourse creeps lower

FE Online Report 2018-10-16 13:22:14

Dhaka bourse declined marginally amid ups and downs observed on Tuesday. The market started the session with a positive note but shortly afterwards it failed to continue the upward trend. The majo...

IDLC net profit sees 1.0pc growth in Q3

IDLC net profit sees 1.0pc growth in Q3

FE Desk Report 2018-10-16 11:32:34

IDLC Finance Limited, reported net profit after tax of BDT 1,821.51 million in the first 9 months of 2018, posting a 1.0 per cent growth from the same period last year. Earnings per share (EPS) of th...

Mir Akhter holds IPO road show tomorrow

Mir Akhter holds IPO road show tomorrow

FE Report 2018-10-16 11:14:31

Mir Akhter Hossain Limited, a construction and engineering company, has moved to go public under the book building method. The company will raise a capital worth Tk 1.25 billion, said a release of...

Asia stocks edge up but Saudi tensions limit gains

Asia stocks edge up but Saudi tensions limit gains

-- 2018-10-16 11:13:46

Asian stocks rose modestly on Tuesday, gaining a firmer footing after a week of heavy losses, although increasing tensions between Saudi Arabia and the West have fanned geopolitical concerns and cappe...

BEZA to allot 30 acres of land to Berger

BEZA to allot 30 acres of land to Berger

FE Report 2018-10-16 11:08:38

Bangladesh Economic Zones Authority (BEZA) is set to allot 30 acres of land to Berger Paints Bangladesh Limited for expansion of its manufacturing facilities. A lease agreement in this regard is sc...

Nifty, Sensex fall on weaker rupee

Nifty, Sensex fall on weaker rupee

-- 2018-10-15 14:17:21

BSE benchmark index Sensex and the broader NSE Nifty fell on Monday as rising oil prices and a weakening rupee added to woes during the earnings season, amid weak Asian cues. Asian shares slipped a...

Asian shares slip on global trade worries

Asian shares slip on global trade worries

-- 2018-10-15 13:15:23

Asian shares fell on Monday as investor worries continued about global trade tensions and prospects for economic growth. Japan’s benchmark Nikkei 225 dipped 1.2 per cent to 22,426.32, while A...

DSEX losses 28.62 point at midday

DSEX losses 28.62 point at midday

FE Report 2018-10-15 12:44:52

Dhaka bourse, the Dhaka Stock Exchange (DSE), started the Monday’s session with a down trend as losers took control over the gainers. The majors sectors including bank and financial instituti...

Top 10 traded cos capture 42pc market turnover

Top 10 traded cos capture 42pc market turnover

FE Report 2018-10-15 10:37:42

The top 10 turnover leaders on Sunday captured 41.95 per cent of the turnover featured by the Dhaka Stock Exchange (DSE). Three of the turnover leaders were also in the list of top 10 gainers. The...

IPDC Finance to issue Tk 1.0b bond

IPDC Finance to issue Tk 1.0b bond

FE Report 2018-10-15 10:30:00

IPDC Finance Limited will raise a capital worth Tk 1.0 billion through issuing bonds. The Bangladesh Securities and Exchange Commission (BSEC) approved a proposal to raise the capital through issui...

‘Invest Maestro’ final round today

‘Invest Maestro’ final round today

FE Report 2018-10-15 10:25:15

The final round of the inter-university business case competition titled "Invest Maestro", sponsored by the Bangladesh Institute of Capital Market (BICM), takes place at the BICM in the city today (Mo...

Standard Chartered Bank signs MoU  with BAT Bangladesh

Standard Chartered Bank signs MoU with BAT Bangladesh

-- 2018-10-14 22:16:40

British American Tobacco Bangladesh (BAT Bangladesh) inked a Memorandum of Understanding (MoU) with Standard Chartered Bank (SCB) to avail the 'Supply Chain Finance' programme - a financing programm...

Earnings of two MFs fall in Q1

Earnings of two MFs fall in Q1

FE Report 2018-10-14 12:58:37

The earnings per unit (EPU) of two closed-end mutual funds (MFs) declined for July-September quarter (Q1) of 2018 as against the same quarter of the previous year. The MFs were Southeast Bank 1st Mut...

Dhaka bourse sees gain at opening

Dhaka bourse sees gain at opening

FE Online Report 2018-10-14 12:23:50

The Dhaka Stock Exchange opened positively on Sunday as all the indices rose marginally within one hour of the session. The major sectors, including banks, were in a positive mood while gainers took...

IT sector shares witness highest losses last week

IT sector shares witness highest losses last week

FE Report 2018-10-14 10:35:45

The listed securities of IT sector witnessed highest correction on the Dhaka Stock Exchange (DSE) last week. The sector having eight companies declined 4.8 per cent in last five sessions. Some of th...

DBBL witnesses 39.77pc net profit growth in 2017

DBBL witnesses 39.77pc net profit growth in 2017

Mohammad Mufazzal 2018-10-14 10:33:29

Dutch-Bangla Bank Limited (DBBL) registered a growth of 39.77 per cent in net profit to Tk 2.46 billion in 2017 as compared to that of the previous year. According to the DBBL, the bank's profitabili...

CSRC releases depositary receipt rules for Shanghai-London stock connect

CSRC releases depositary receipt rules for Shanghai-London stock connect

-- 2018-10-13 14:18:20

The CSRC has issued trial rules on depositary receipt business in the Shanghai-London stock connect programme after seeking public comment for more than a month. The rules mark an important step for...

Weekly analysis: Stocks post marginal gain

Weekly analysis: Stocks post marginal gain

FE Report 2018-10-13 10:39:41

Stocks edged higher last week, extending the gaining streak for the second week in a row, as some investors showed their buying appetite on sector specific issues. Market insiders said most of the in...

Four cos recommend dividend up to 410 per cent

Four cos recommend dividend up to 410 per cent

FE Report 2018-10-13 10:33:51

Four listed companies have recommended dividend between 6.0 per cent and 410 per cent last week for the year ended on June 30, 2018. The companies which recommended dividend are: Stylecraft, Genera...

Indian shares rebound; rupee gains

Indian shares rebound; rupee gains

-- 2018-10-12 14:59:21

Indian shares rebounded nearly 2.0 per cent on Friday, as the rupee strengthened due to an overnight fall in crude prices. The rupee gained sharply to hit a one-week high at 73.62 per dollar versus i...

Asia shares bounce after rout, but sentiment fragile

Asia shares bounce after rout, but sentiment fragile

-- 2018-10-12 11:56:16

Asian shares found a slightly firmer footing on Friday to set course for their first gains in two weeks, but the rout continued in Shanghai where shares hit lows last seen in 2014. Investor sentiment...

Summit Power tops DSE turnover chart

Summit Power tops DSE turnover chart

FE Report 2018-10-12 10:49:03

Top ten traded companies captured more than 40 per cent turnover of the major bourse on Thursday while Summit Power topped the list. Market insiders said the investors showed their buying appetite on...

ICB to invest Tk 15b anew in share market

ICB to invest Tk 15b anew in share market

FE Report 2018-10-12 10:00:41

The state-run Investment Corporation of Bangladesh (ICB) will invest at least Tk 15.0 billion afresh in listed securities to boost the country's capital market. The investment will be made in line wi...

European shares hit 20-month lows

European shares hit 20-month lows

-- 2018-10-11 16:01:03

European shares hit more than 20 months low on Thursday following a rout on Wall Street as jitters over rising US Treasury yields sparked a broad selloff of risky assets. All sectors in the markets w...

Stocks end lower after bumpy ride

Stocks end lower after bumpy ride

FE Online Report 2018-10-11 16:00:24

Stocks inched down on Thursday after volatile trading as investors were mostly followed cautious stance amid ongoing dividend declaration session. Market operators said some investors were active on...

Asian shares slump after Wall St falls

Asian shares slump after Wall St falls

-- 2018-10-11 12:21:17

Asian share markets were broadly lower on Thursday after Wall Street slumped on a heavy selling of technology and internet stocks. Japan's benchmark fell by an unusually wide margin of 3.9 per cent...

Stocks inch up at opening

Stocks inch up at opening

FE Online Report 2018-10-11 11:27:30

The prices of most of the shares witnessed positive trend in early hour of trading Thursday as investors are showing their buying appetite on sector specific issues. Following the previous day’...