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The Financial Express

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Bourses' key indices end lower last week

Bourses' key indices end lower last week

FE Report 2018-09-23 12:26:23

The Dhaka bourse witnessed losses in the broad index and turnover in the last week ended Thursday, as the investors remained 'watchful' ahead of the corporate declarations for the year ended on June 3...

DSE opens lower

DSE opens lower

FE Online Report 2018-09-23 12:09:47

The Dhaka bourse has opened the week’s first session with a loss as losers took control over the gainers. The market initially opened with a positive note on Sunday but the broad index of the D...

UCB adopts special strategy to cut NPLs, increase profit

UCB adopts special strategy to cut NPLs, increase profit

Mohammad Mufazzal 2018-09-23 10:31:09

United Commercial Bank (UCB) has adopted special strategy to reduce its non-performing loans (NPLs), which was mainly responsible for comparatively poor net profits registered in the last couple of ye...

World shares hit six-month high

World shares hit six-month high

-- 2018-09-22 11:23:17

World shares hit a six-month high on Friday after China’s moves to boost domestic consumption bolstered a rally driven by investor bets the latest US-China trade fracas was unlikely to dent gl...

S&P 500, Dow hit record highs, Nasdaq falls

S&P 500, Dow hit record highs, Nasdaq falls

-- 2018-09-22 10:46:51

US stocks were mixed on Friday while the S&P 500 and Dow reached record highs ahead of Monday’s major sector reshuffle, capping a week that largely shrugged off trade worries. Trading volum...

Fox, Comcast about to settle their $36b battle for Sky

Fox, Comcast about to settle their $36b battle for Sky

-- 2018-09-21 20:49:36

Two of America's largest media companies are about to settle a bidding war to buy a coveted overseas competitor, reports CNBC. Twenty-First Century Fox and Comcast will go head to head in London ov...

Indian shares recover after sell-off in housing finance, property firms

Indian shares recover after sell-off in housing finance, property firms

-- 2018-09-21 16:47:24

Indian shares recouped most losses after key indexes plunged over 3.0 per cent in afternoon trade on panic-selling in housing finance and property stocks, according to Reuters.  The broader NSE...

European shares jump after Wall Street hits record highs

European shares jump after Wall Street hits record highs

-- 2018-09-21 15:02:32

European shares rose strongly at the open on Friday, extending their gains from the previous session as a relief rally due to easing fears of a trade war helped Wall Street hit record highs. At 0730...

Asian share markets rise after Wall Street gains

Asian share markets rise after Wall Street gains

-- 2018-09-21 14:54:56

Asian stock markets rose Friday after Wall Street hit a new high and a survey showed Japanese manufacturing accelerating. The Shanghai Composite Index rose 1.4 per cent to 2,766.86 and Tokyo's Nikk...

Four cos' share price soaring sans PSI

Four cos' share price soaring sans PSI

FE Report 2018-09-21 11:55:20

The share prices of four companies were rising despite having no undisclosed price sensitive information (PSI). The companies are Shasha Denims, Pragati Life Insurance, Khulna Power Company and Saf...

Stocks nosedive as large-cap sectors plunge

Stocks nosedive as large-cap sectors plunge

FE Online Report 2018-09-20 16:01:23

Stock markets nosedived on Thursday, snapping a two days gaining streak, as cautious investors sold shares to bag profit on quick gaining stocks. Market insiders said the cautious investors booked...

Global stocks rise amid trade tensions

Global stocks rise amid trade tensions

-- 2018-09-20 15:39:07

The world stocks rose as the fresh US and Chinese tariffs on reciprocal imports were less harsh than feared continued on Thursday. Although the investors remained wary about the next steps in the U...

MTB to issue fresh equity in favour of Norfund

MTB to issue fresh equity in favour of Norfund

FE Online Report 2018-09-20 12:39:59

The board of directors of Mutual Trust Bank has decided to convene an EGM to issue fresh capital and bring changes in few clauses of Articles of Association. The board has decided to issue fresh equi...

Stocks mixed in volatile trade

Stocks mixed in volatile trade

FE Online Report 2018-09-20 11:41:34

Stocks on bourses witnessed volatility in early hour of trading on Thursday as investors are active both sides of trading fence. Following the previous two days’ upward trend, the Dhaka Stock...

Asian shares rise as investors reassess trade war impact

Asian shares rise as investors reassess trade war impact

-- 2018-09-20 11:04:19

Asian stocks followed global indexes higher on Thursday, as investors took a less bearish view on the impact of the US-China trade war on markets, a sharp contrast to dim expectations economists had o...

Banking shares lift markets to end positive

Banking shares lift markets to end positive

FE Online Report 2018-09-19 15:58:38

Banking shares helped to keep the markets firm for the second day in a row on Wednesday as the investors showed their buying appetite on the sector. The investors continued their buying spree on bank...

Asian shares inch up amid trade war concerns

Asian shares inch up amid trade war concerns

-- 2018-09-19 12:15:00

Asian shares inched up on Wednesday, despite jitters over the escalating trade dispute between the US and China. Japan's benchmark Nikkei 225 added 1.4 per cent in early trading to 23,741.29. Austr...

Tokyo stocks advance as exporters lift

Tokyo stocks advance as exporters lift

-- 2018-09-19 12:08:51

Japan’s Tokyo stocks advanced Wednesday morning as a comparatively weak yen gave exporter issues a boost, while semiconductor issues also drew buying. The 225-issue Nikkei Stock Average added 3...

Simtex Industries to set up spinning unit

Simtex Industries to set up spinning unit

FE Online Report 2018-09-19 11:30:54

The board of directors of Simtex Industries Limited has decided to set up a spinning unit of 26,000 spindles to produce high quality spun polyester Sewing Thread. The project cost will be around Tk 1...

DSEX exceeds 5,500-mark in early trading

DSEX exceeds 5,500-mark in early trading

FE Online Report 2018-09-19 11:23:02

The prices of most of the stocks on bourses witnessed upward trend in early hour of trading Wednesday as investors are showing buying appetite on large-cap stocks. Following the previous day’s...

Top 10 traded companies clinch 40pc transaction

Top 10 traded companies clinch 40pc transaction

FE Report 2018-09-19 10:29:49

Top ten traded companies captured 40 per cent turnover of the major bourse on Tuesday while Khulna Power Company topped the chart for third day in a row. Market insiders said the investors continued...

BSEC extends suspension of three cos’ trading 15 days

BSEC extends suspension of three cos’ trading 15 days

FE Online Report 2018-09-18 11:54:41

The securities regulator has extended the suspension period of trading of the shares of three companies—Monno Jute Stafflers, BD Autocars and Legacy Footwear—by 15 days. “The Bang...

Asian shares slip as Sino-US trade tensions intensify

Asian shares slip as Sino-US trade tensions intensify

-- 2018-09-18 11:39:09

Asian shares fell and copper prices eased on Tuesday after Washington announced new tariffs on Chinese imports, inflaming trade tensions between the world’s two biggest economies. US stock futu...

EHL recommends 25pc cash dividend

EHL recommends 25pc cash dividend

FE Online Report 2018-09-18 11:34:22

The board of directors of Eastern Housing Limited (EHL) has recommended 25 per cent cash dividend for the year ended on June 30, 2018, said an official disclosure on Tuesday. The final approval of...

DSE, CSE manage some gains on buying spree

DSE, CSE manage some gains on buying spree

FE Online Report 2018-09-18 11:31:17

The prices of most of the stocks on both bourses witnessed upward trend in early hour of trading Tuesday as investors are showing buying appetite on large-cap stocks. Following the previous four days...

BSEC extends tenure for ten more years

BSEC extends tenure for ten more years

FE Report 2018-09-18 11:15:02

The securities regulator has extended the tenure of the existing closed-end mutual funds (MFs) for another term of ten years. In this regard, the Bangladesh Securities and Exchange Commission (BSEC)...

ML Dyeing share jumps 142pc on debut trading

ML Dyeing share jumps 142pc on debut trading

FE Report 2018-09-18 11:11:19

ML Dyeing Limited's share price jumped 142 per cent on the first day of trading on Monday despite the market continued to fall for the fourth straight session. The share traded between Tk 10 and Tk...

BSEC commissioner  Nizami gets extension

BSEC commissioner Nizami gets extension

FE Report 2018-09-18 00:18:09

The government has extended the tenure of BSEC commissioner Professor Helal Uddin Nizami for two more years. The Ministry of Public Administration issued a notification in this regard on Monday. Mr....

Stocks extend losing streak for fourth day

Stocks extend losing streak for fourth day

FE Online Report 2018-09-17 15:45:59

Stocks extended their losing streak for the four straight sessions on Monday as investors continued their selling binge on sector-wise stocks. Brokers said the risk-averse investors continued their s...

Mideast stocks fall on new US tariff threats

Mideast stocks fall on new US tariff threats

-- 2018-09-17 14:53:58

Mideast stocks opened lower on Monday as investors worried about reports the United States was preparing a new round of tariffs on Chinese imports. Such a move would set up a possible escalation in...