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The Financial Express

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Stocks tumble as major sectors plunge

Stocks tumble as major sectors plunge

FE Online Report 2018-09-27 15:50:24

Stocks witnessed sharp decline on Thursday as investors were mostly on selling spree, fearing further fall of stock prices. Analysts said the ongoing pessimism coupled with fear of political unrest...

Tokyo stocks edge lower in early trading

Tokyo stocks edge lower in early trading

-- 2018-09-27 12:30:54

Japan’s Tokyo stocks edged lower Thursday morning as investors secured profits after the benchmark Nikkei stock index's eight-day winning streak. The 225-issue Nikkei Stock Average lost 32.07 p...

Asian markets mixed after Fed rate hike

Asian markets mixed after Fed rate hike

-- 2018-09-27 12:14:08

Asian shares mixed on Thursday after the US Federal Reserve lifted its key interest rate as expected for the third time this year. Japan's Nikkei 225 dropped 0.3 per cent to 23,952.30. South Korea's...

BD Autocars recommends 15pc dividend

BD Autocars recommends 15pc dividend

FE Online Report 2018-09-27 11:57:44

The board of directors of Bangladesh Autocars Limited has recommended 3.0 per cent cash and 12 per cent stock dividend for the year ended on June 30, 2018. The board has also decided to implement ins...

Bourses drift lower at opening

Bourses drift lower at opening

FE Online Report 2018-09-27 11:54:27

The prices of most of the shares on bourses saw downward trend in early hour of trading Thursday as investors followed cautious stance amid ongoing dividend declaration session. Following the previ...

Standard Ceramic to import machinery

Standard Ceramic to import machinery

FE Report 2018-09-27 10:53:51

The board of directors of Standard Ceramic Industries Ltd has decided to open letter of credit (LC) for importing new capital machinery to enhance production capacity and reduce the production cost....

DSE ends flat, CSE retreats

DSE ends flat, CSE retreats

FE Online Report 2018-09-26 15:46:11

Dhaka stocks ended almost flat on Wednesday after volatile trading as investors were active both sides of trading fence, while the Chittagong stock returned to the red. Market operators said the in...

European shares nearly flat at opening

European shares nearly flat at opening

-- 2018-09-26 14:17:14

European shares broadly held their ground on Wednesday morning following limited gains on Asian stock markets ahead of a widely expected rate hike by the Federal Reserve in the United States. The pan...

Asian shares rise ahead of US Fed rate hike

Asian shares rise ahead of US Fed rate hike

-- 2018-09-26 14:11:53

Asian shares rose on Wednesday as traders awaited a third interest rate hike by the US Federal Reserve for this year. Japan's Nikkei 225 rose less than 0.1 per cent to 23,953.98. Hong Kong's Hang S...

Four cos recommend dividends

Four cos recommend dividends

-- 2018-09-26 12:41:32

Four more listed companies—BSRM Steels, Bangladesh Steel Re-rolling Mills, Legacy Footwear and The INB Sina—have recommended a total of 100pc dividends for the year ended on June 30, 2018....

IBN Sina recommends 40pc dividend

IBN Sina recommends 40pc dividend

FE Online Report 2018-09-26 12:17:10

The board of directors of The IBN Sina Pharmaceutical Industry Ltd has recommended 30 per cent cash and 10 per cent stock dividend for the year ended on June 30, 2018, said an official disclosure on W...

BSRM Steels recommends 20pc dividend

BSRM Steels recommends 20pc dividend

FE Online Report 2018-09-26 12:06:55

The board of directors of BSRM Steels Limited has recommended 10 per cent cash and 10 per cent stock dividend for the year ended on June 30, 2018. The final approval the of dividend will come during...

Legacy Footwear recommends 20pc dividend

Legacy Footwear recommends 20pc dividend

FE Online Report 2018-09-26 12:03:53

The board of directors of Legacy Footwear Ltd has recommended 5.0 per cent cash and 15 per cent stock dividend for the year ended on June 30, 2018. The final approval of dividend will come during the...

Stocks eke out some gains on buying spree

Stocks eke out some gains on buying spree

FE Online Report 2018-09-26 11:26:20

The prices of most of the shares on both bourses witnessed upward trend in early hour of trading Wednesday as some investors showed their buying spree on sector-wise stocks. Following the previous...

BSRM recommends 10pc cash, 10pc stock dividend

BSRM recommends 10pc cash, 10pc stock dividend

FE Online Report 2018-09-26 11:18:25

The board of directors of Bangladesh Steel Re-rolling Mills (BSRM) has recommended 10 per cent cash and 10 per cent stock dividend for the year ended on June 30, 2018. The final approval of dividen...

NRB Bank to get 2.6m Shurwid shares against Tk 97.30m loan

NRB Bank to get 2.6m Shurwid shares against Tk 97.30m loan

FE Report 2018-09-26 10:43:29

Shurwid Industries will transfer its 2.6 million shares to NRB Bank for settling the company's liabilities of Tk 97.30 million to the bank. The shares will be handed over to the bank from the holding...

Top ten traded companies grab 40pc turnover

Top ten traded companies grab 40pc turnover

FE Report 2018-09-26 10:37:43

Top ten traded companies grabbed 40 per cent turnover of the Dhaka bourse on Tuesday while Khulna Power Company topping the chart for seventh straight session. Market insiders said the investors cont...

Comcast buys 29.1pc of Sky stock in market purchases

Comcast buys 29.1pc of Sky stock in market purchases

-- 2018-09-25 13:20:59

Comcast (CMCSA.O), the victor in the auction for Sky (SKYB.L) on Saturday, said on Tuesday it had bought 29.1 per cent of the European pay-TV group’s shares in the market. Comcast bid 17.28 pou...

Japanese stocks creep higher

Japanese stocks creep higher

-- 2018-09-25 12:52:40

Japanese stocks crept higher Tuesday morning on buying before shares for the fiscal first half through this month turn ex-dividend, with buying supported by the yen's softer tone. The 225-issue Nikke...

Asian share markets fall on trade worries

Asian share markets fall on trade worries

-- 2018-09-25 12:47:50

Asian shares fell on Tuesday after a Chinese government report accusing the Trump administration of bullying other countries dampened hopes for a settlement in their escalating tariff war. The Shangh...

Investors should not rely on social media info: DSE

Investors should not rely on social media info: DSE

FE Report 2018-09-25 11:28:26

The Dhaka Stock Exchange (DSE) has advised the investors not to rely on any information from an 'unauthorised' source like social media. "Investors should not rely on any information from any unaut...

Northern Jute goes to 'Z' category today

Northern Jute goes to 'Z' category today

FE Report 2018-09-25 11:24:55

Northern Jute Manufacturing Company Limited will be placed in 'Z' category today (Tuesday) as the company recommended 'no' dividend for the year ended on June 30, 2018. Presently, the company is in...

LafargeHolcim wins brand  leadership award

LafargeHolcim wins brand leadership award

-- 2018-09-24 21:53:33

LafargeHolcim Bangladesh Limited (LHBL) has won the "Brand Leadership Award" accorded by CMO Asia, according to a statement. Rajesh K Surana, Chief Executive Officer, M. Asif Bhuiyan, Marketing &am...

European markets dip as trade war, Brexit pessimism weigh

European markets dip as trade war, Brexit pessimism weigh

-- 2018-09-24 15:58:00

European stock markets traded in negative territory on Monday as fears of an escalating trade row between the United States and China spread from Asian markets, while oil rallied as US sanctions restr...

Apex Footwear to buy land, building in Tongi

Apex Footwear to buy land, building in Tongi

FE Report 2018-09-24 13:48:42

Apex Footwear, an 'A' category company, will purchase one bigha (20 kathas) of land with a six-story building at a cost of Tk 290 million, excluding registration and other costs. The company on Sunda...

DSE continues declining trend

DSE continues declining trend

FE Online Report 2018-09-24 12:07:12

Stocks on the Dhaka bourse on Monday witnessed a declining trend for the second consecutive session due to correction witnessed by the major sectors. On the day, losers also took control over the gai...

Asian shares wobble on fear of long US-China trade war

Asian shares wobble on fear of long US-China trade war

-- 2018-09-24 11:08:25

Asia shares stumbled in holiday-thinned trading on Monday as China ramped up trade tensions by cancelling upcoming tariff talks with the United States, while oil prices jumped after top producers rule...

Evince Textiles goes to 'Z' category today

Evince Textiles goes to 'Z' category today

FE Report 2018-09-24 10:57:55

Evince Textiles Limited (ETL), an 'A' category company, will be placed in 'Z' category today (Monday) as the company has not recommended any dividend for the year ended on June 30, 2018. The company...

'Economic expansion requires focus on capital market'

'Economic expansion requires focus on capital market'

FE Report 2018-09-24 09:50:45

Capital market should be the key funding source for Bangladesh's future economic expansion instead of banks and financial institutions, experts said. Such shift is also necessary to attain sustainabl...

Dhaka bourse closes with moderate loss

Dhaka bourse closes with moderate loss

FE Online Report 2018-09-23 16:28:42

The Dhaka bourse on Sunday closed with a moderate loss following correction witnessed by major sectors. Of the major sectors, bank, financial institutions and fuel & power witnessed and left a ne...