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The Financial Express

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BSCCL okays 12pc cash dividend

BSCCL okays 12pc cash dividend

-- 2017-10-23 10:11:02

­­Bangladesh Submarine Cable Company Limited (BSCCL) held its 9th Annual General Meeting on Saturday in Kuakata of Patuakhali.

Dhaka Bank foreign trade business hits $2.0 billion-mark

Dhaka Bank foreign trade business hits $2.0 billion-mark

FE Online Desk 2017-10-23 08:54:28

Dhaka Bank Limited achieved the milestone of US$2.0 billion (both import and export) in foreign trade business. In this connection, Central Processing Center (CPC) of the Bank celebrated the occasi...

BRAC Bank awards top scorers of 'Banking Foundation Course'

BRAC Bank awards top scorers of 'Banking Foundation Course'

FE Online Desk 2017-10-23 08:46:59

BRAC Bank Limited has awarded the top scorers of a “Banking Foundation Course” that took place during April–August, 2017.     Selim R. F. Hussain, Managing Director &...

Green Delta Ins receives AAA credit rating  for 4 years

Green Delta Ins receives AAA credit rating for 4 years

FE Online Desk 2017-10-23 08:36:57

  For the 4th consecutive year, Green Delta Insurance Company Limited has achieved AAA rating from Credit Rating Agency of Bangladesh (CRAB).  Green Delta Insurance is the...

CSE elects Salman Ispahani, Shahjada as directors

CSE elects Salman Ispahani, Shahjada as directors

FE Report 2017-10-23 01:17:15

Mirza Salman Ispahani and Shahjada Mahmud Chaudhuri have been declared elected uncontested directors of the port city bourse as two candidates withdrew their nominations. The election committee of th...

Stocks witness lower participation of investors

Stocks witness lower participation of investors

FE Report 2017-10-23 01:16:26

The Dhaka bourse Sunday ended flat in green as banking issues witnessed price correction. The other major sectors, however, rose marginally amid day-long volatility observed by the Dhaka Stock Exchan...

Apex Spinning recommends 20pc cash div

Apex Spinning recommends 20pc cash div

FE Online Report 2017-10-22 12:22:17

The board of directors of Apex Spinning has recommended 20 per cent cash dividend for the year ended on June 30, 2017, said an official disclosure on Sunday. The final approval of dividend will come...

DSEX adds more than 12.32 points in opening session

DSEX adds more than 12.32 points in opening session

FE Online Report 2017-10-22 12:00:00

The prices of most of the shares on both bourses saw positive trend in early trading on Sunday as investors are showing their buying appetite on sector-wise issues amid ongoing earnings and dividend d...

Shahjalal Bank shifts Rangpur branch

Shahjalal Bank shifts Rangpur branch

-- 2017-10-22 05:58:24

Shahjalal Islami Bank Limited (SJIBL) has unveiled its relocated branch in Rangpur aiming to ensure better services for its clients. Managing Director and CEO of the bank Farman R Chowdhury inaugurat...

Renata recommends 105pc final dividend

Renata recommends 105pc final dividend

FE Online Report 2017-10-22 05:36:17

The board of directors of Renata Limited has recommended 90 per cent final cash dividend and 15 per cent stock dividend for the year ended on June 30, 2017, said an official disclosure on Sunday. The...

Navana CNG recommends 15pc cash div

Navana CNG recommends 15pc cash div

FE Online Report 2017-10-22 05:27:34

The board of directors of Navana CNG has recommended 15 per cent cash dividend for general shareholders only (excluding sponsors/directors) for the year ended on June 30, 2017, said an official disclo...

Aftab Automobiles recommends 16pc cash div

Aftab Automobiles recommends 16pc cash div

FE Online Report 2017-10-22 05:15:23

The board of directors of Aftab Automobiles has recommended 16 per cent cash dividend for the general investors only (excluding sponsors/directors) for the year ended on June 30, 2017, said an officia...

Sensex gains 152 points in festive week

Sensex gains 152 points in festive week

PTI 2017-10-21 12:00:00

The BSE Benchmark started the holiday truncated week with heavy gains, as both indices made fresh highs on positive trade data. The encouraging comments from the IMF chief on the outlook for Indian e...

Sabur Khan conducts seminar on 'Employability Skills'

Sabur Khan conducts seminar on 'Employability Skills'

-- 2017-10-21 12:00:00

Daffodil Computers Ltd Chairman and WITSA Director Md Sabur Khan addressing a seminar on 'Employability Skills' in Dhaka on Thursday.

Stocks extend losing streak

Stocks extend losing streak

Babul Barman 2017-10-21 11:12:27

Stocks extended the losing streak for the second straight week that ended Thursday as cautious investors continued their selling binge amid mixed earnings and dividend declarations. Brokers said smal...

US stocks end modestly higher

US stocks end modestly higher

-- 2017-10-21 11:05:06

US stocks closed modestly higher, lifting the S&P 500 index to its fifth record close in a row. The Dow Jones industrial average, which crossed past the 23,000 mark for the first time on Wednesd...

Asian shares perk up after US budget plan pass

Asian shares perk up after US budget plan pass

Reuters 2017-10-20 12:00:00

Asian shares shrugged off early sluggishness and gained on Friday, and the dollar rose after the US Senate approved a budget blueprint for the 2018 fiscal year that will pave the way for Republicans t...

Asian shares push higher

Asian shares push higher

-- 2017-10-20 11:33:09

Asian shares pushed higher on investor optimism over the global outlook despite uncertainties over the outcome of political events in China and Japan. Japan’s benchmark Nikkei 225 crept less th...

Rupali Bank to issue Tk 5.0b bond

Rupali Bank to issue Tk 5.0b bond

FE Online Report 2017-10-19 12:00:00

The board of directors of Rupali Bank Limited has approved the issuance of 7 years subordinated bond of Tk 5.0 billion under Private Placement, said an official disclosure on Thursday. The bank is go...

Thirty years ago this week, Wall Street slid into the abyss

Thirty years ago this week, Wall Street slid into the abyss

Reuters 2017-10-19 12:00:00

Thirty years ago, before heading to work at the New York Stock Exchange, Peter Kenny left his home in lower Manhattan and made a detour to the nearby Our Lady of Victory church to pray to St. Jude, th...

Stocks edge up after a bumpy ride

Stocks edge up after a bumpy ride

FE Online Report 2017-10-19 12:00:00

Stocks returned to the green zone on Thursday, a day-after losing spell, as some optimistic investors took position on sector-specific issues amid earnings and dividend declarations. Dealers observed...

Stocks higher in early trading

Stocks higher in early trading

FE Online Report 2017-10-19 11:56:56

The prices of most of the shares on both bourses witnessed upward trend in early trading on Thursday as investors are showing their buying appetite on sector-wise issues amid ongoing earnings and divi...

IFAD Autos recommends 26pc dividend

IFAD Autos recommends 26pc dividend

FE Online Report 2017-10-19 11:30:42

The board of directors of IFAD Autos Limited has recommended 21 per cent cash dividend (other than sponsors/directors) and 5.0 per cent stock dividend for all shareholders for the year ended on June 3...

Asian markets mixed after China data

Asian markets mixed after China data

-- 2017-10-19 10:31:36

Asian shares were mixed on Thursday after Wall Street closed at record highs. Data showed that China’s quarterly growth slowed slightly but was in line with expectations. Japan’s Nikkei 2...

DSE arranges training on IPO processes

DSE arranges training on IPO processes

FE Online Report 2017-10-19 01:56:55

The Dhaka Stock Exchange (DSE) is going to organise a two-day training programme on “Initial Public Offerings: Processes & Procedures” with a fee of Tk 2,000. According DSE website in...

Asia shares camp near peaks, markets ponder Xi's speech

Asia shares camp near peaks, markets ponder Xi's speech

Reuters 2017-10-18 12:00:00

Asian shares consolidated recent gains and currencies kept to tight ranges on Wednesday as investors waited to see what policies might emerge from China’s Communist Party conference. The twice-...

Stocks open mixed

Stocks open mixed

FE Online Report 2017-10-18 12:00:00

Stocks on both bourses witnessed mixed trend in early trading on Wednesday as investors are active on both sides of trading fence. Following the previous two days’ marginal gain, Dhaka Stock Ex...

Stocks slip into red breaking two-day gaining streak

Stocks slip into red breaking two-day gaining streak

FE Online Report 2017-10-18 12:00:00

Stocks slipped into the red Wednesday, breaking a two-day positive session, as many investors sold shares to profit as some observed the market carefully. Brokers said small investors were cauti...

City Bank, DOZE Internet ink deal

City Bank, DOZE Internet ink deal

-- 2017-10-18 12:00:00

The City Bank Limited has signed an agreement with DOZE Internet, said a press release. Under the agreement, City Bank customers will be able to pay DOZE Internet bills from their accounts through th...

Quasem Drycells recommends 18pc div

Quasem Drycells recommends 18pc div

FE Online Report 2017-10-18 01:12:28

The board of directors of Quasem Drycells Limited (QDL) has recommended 18 per cent stock dividend for the year ended on June 30, 2017, said an official disclosure on Wednesday. The board has also ta...