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The Financial Express

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Asia slips after US-China trade talks end without progress

Asia slips after US-China trade talks end without progress

-- 2018-08-24 11:24:36

Asian stocks fell on Friday after US-China trade talks ended without progress, with the markets braced for a speech by Federal Reserve Chairman Jerome Powell for hints on the direction of US monetary...

Plans to list Aramco still a go, Saudi minister says

Plans to list Aramco still a go, Saudi minister says

-- 2018-08-23 19:47:53

Denying news reports, Saudi Arabia said on Thursday it "remains committed" to an initial public offering of state-run oil behemoth Saudi Aramco, despite delays and growing speculation it may never be...

US-China tariffs, Trump woes weigh on world stocks

US-China tariffs, Trump woes weigh on world stocks

-- 2018-08-23 18:06:07

LONDON (Reuters): World stocks came under pressure on Thursday as new tariffs took effect in the US/China trade war and markets speculated about US President Donald Trump’s position following le...

Portfolio investment drops in FY18

Portfolio investment drops in FY18

FE Online Report 2018-08-23 13:56:11

Portfolio investment, generally known as foreign investment in the capital market, dropped by 20 per cent in the past fiscal year (FY18) over the previous year. Central bank statistics showed that ne...

Nikkei edges up as weak yen helps mood

Nikkei edges up as weak yen helps mood

-- 2018-08-23 13:04:53

Japan’s Nikkei edged up on Thursday after a weak yen supported overall sentiment, but a profit warning by Germany’s Continental dragged down auto stocks and tire makers, reports Reuters....

Wall St. set for higher open on trade, earnings optimism

Wall St. set for higher open on trade, earnings optimism

-- 2018-08-21 19:33:25

US stock index futures rose on Tuesday, helped by some encouraging earnings reports and hopes that planned trade talks between the United States and China will help resolve the dispute between the wor...

China’s Tianqi Lithium Corp to raise up to $1.0b in HK mkt

China’s Tianqi Lithium Corp to raise up to $1.0b in HK mkt

FE Online Desk 2018-08-21 14:23:46

China’s Tianqi Lithium Corp is looking to raise up to $1.0 billion in its Hong Kong stock market flotation, despite this year’s fall in lithium prices, two people close to the deal told Re...

Kattali Textile’s IPO subscription to open Aug 28

Kattali Textile’s IPO subscription to open Aug 28

FE Online Report 2018-08-21 13:15:29

The public subscription of Kattali Textile Ltd will open on August 28 which will raise a fund worth Tk 340 million from the capital market, officials said. The initial public offering (IPO) subscript...

DSE mobile app users now 34,080

DSE mobile app users now 34,080

FE Online Report 2018-08-21 12:52:19

Share trading through DSE mobile app continued to rise as the number of active users of the application exceeded 34,000-mark recently. The Dhaka Stock Exchange (DSE) on March 9, 2016 launched the mob...

DSE market cap sheds Tk 307b in eight months

DSE market cap sheds Tk 307b in eight months

FE Online Report 2018-08-21 12:35:36

The Dhaka Stock Exchange’s market capitalisation has lost about Tk 307 billion in the past eight months as investors sold large-cap stocks. During the period, DSEX, the prime index of the DSE w...

Stocks extend winning streak for fourth day

Stocks extend winning streak for fourth day

FE Online Report 2018-08-20 18:06:53

Stocks extended their winning streak for the four straight sessions on Monday, the last trading session before five-day Eid-ul-Azha vacation. Trading and official activities on both bourses will rema...

Asia shares inch up with yuan

Asia shares inch up with yuan

-- 2018-08-20 11:02:07

Asian share markets crept cautiously higher on Monday as investors awaited developments on proposed Sino-US trade talks and the Chinese yuan rallied away from dangerous lows. MSCI’s broadest in...

HC clears Kay & Que, Multisourcing merger

HC clears Kay & Que, Multisourcing merger

FE Report 2018-08-20 10:38:10

Kay & Que (Bangladesh) has informed that the High Court has cleared amalgamation of Multisourcing Ltd. with Kay & Que. Earlier on June 11 this year, the Kay & Que disclosed that Multiso...

Dragon Sweater recommends 25pc dividend

Dragon Sweater recommends 25pc dividend

FE Online Report 2018-08-20 10:13:11

The board of directors of Dragon Sweater has recommended 5.0 per cent cash and 20 per cent stock dividend for the year ended on June 30, 2018. The final approval of the dividend will come during the...

DSEX exceeds 5,500-mark riding on financial stock

DSEX exceeds 5,500-mark riding on financial stock

FE Online Report 2018-08-19 17:52:53

Stocks extended the winning spell for three straight sessions on Sunday with core index of the prime bourse crossing the 5,500-mark riding on financial stocks. Analysts said the market passed a bulli...

Stocks soar on post-Eid optimism

Stocks soar on post-Eid optimism

FE Online Report 2018-08-19 11:28:14

The prices of most of the stocks witnessed positive trend in early hour of trading on Sunday amid post-Eid optimism. Only one trading session is left before Eid-ul-Azha vacation. Following the prev...

Most MFs declare lower dividends

Most MFs declare lower dividends

Babul Barman 2018-08-19 10:36:42

Majority of the mutual funds (MFs) declared lower dividends for their unit holders for the fiscal year 2017-18 due to the bearish trend in the secondary market. The trustee committees of 32 MFs, ou...

Chinese internet stock sell-off  may shake faith in FANGs

Chinese internet stock sell-off may shake faith in FANGs

-- 2018-08-18 13:19:23

A steep downturn in heavyweight Chinese internet stocks and recent weakness in half of the so-called FANG group have some investors worried that a key component of Wall Street’s near-decade long...

China regulator approves two IPO applications

China regulator approves two IPO applications

-- 2018-08-18 12:13:37

The China Securities Regulatory Commission (CSRC) has approved two IPO applications, Ningbo Yongxin Optics Co. and Argus (Shanghai) Textile Chemicals Co, in the A-share market. The regulator approv...

World stocks rise on plans for trade talks

World stocks rise on plans for trade talks

-- 2018-08-18 12:02:23

World stocks rose on Friday as news of plans for US-China trade talks soothed nerves over their tariff war, while the recovery in Turkey’s lira ran out of steam. The MSCI All-Country World inde...

Wall St ends higher on trade talk optimism

Wall St ends higher on trade talk optimism

-- 2018-08-18 11:42:28

US stocks closed higher on Friday on reports of progress in trade disputes between the United States and its trading partners China and Mexico. The S&P 500 and the Dow Jones Industrial Average...

Stocks end higher as bank shares keep gaining

Stocks end higher as bank shares keep gaining

FE Report 2018-08-18 10:25:25

Stocks ended higher last week that ended on Thursday as investors showed their buying appetite on large-cap stocks amid post-Eid positive expectation. Market operators said investors showed their buy...

LafargeHolcim signs deal with Delta Life Ins

LafargeHolcim signs deal with Delta Life Ins

-- 2018-08-18 00:19:19

An agreement has been signed between LafargeHolcim Bangladesh Limited (LHBL) and Delta Life Insurance Company Limited (DLICL) held in the corporate office of DLICL at Delta Life Tower, Gulshan-2 in th...

Japanese shares rise on possible US-China trade talks

Japanese shares rise on possible US-China trade talks

-- 2018-08-17 13:13:46

Japanese shares rose on Friday morning as trade tensions between US-China appeared to ease and gains in US shares supported the markets sentiment, but chip-related stocks fell. Japan’s Nikkei s...

BSEC suspends share trading of three cos for 30 sessions

BSEC suspends share trading of three cos for 30 sessions

FE Report 2018-08-17 11:03:44

The securities regulator has suspended share trading of three companies for 30 sessions, following 'abnormal' price hikes and 'unusual' trade volumes of the stocks. The companies' share prices rose...

IFAD Autos to purchase land for expansion

IFAD Autos to purchase land for expansion

FE Report 2018-08-17 10:55:33

IFAD Autos, an automobile dealer, has decided to purchase more 90 decimal of land adjacent to its factory at Dhamrai for future expansion of the company's business. The total cost of the land is Tk 1...

Asian shares gain on US-China trade talks

Asian shares gain on US-China trade talks

-- 2018-08-17 10:02:14

Asian shares won a modest reprieve on Friday after China and the United States agreed to hold their first trade talks since June next week and as the Turkish lira extended gains from its record low ea...

European shares rise on fresh trade talks

European shares rise on fresh trade talks

-- 2018-08-16 15:53:19

European shares inched up after China said it would hold trade talks with the US this month, spurring a risk appetite recovery, although Italian shares fell sharply as Atlantia sank. Europe’s S...

Stocks end higher as sale pressure ease

Stocks end higher as sale pressure ease

FE Online Report 2018-08-16 15:22:37

Stocks ended higher on Thursday as investors showed their buying appetite on large-cap stocks as pre-Eid sale pressure eased. The investors continued to show buying spree on largest market-cap Gram...

Sandhani Life Ins recommends 20pc stock dividend

Sandhani Life Ins recommends 20pc stock dividend

FE Online Report 2018-08-16 12:12:06

The board of directors of Sandhani Life Insurance Company has recommended 20 per cent stock dividend for the year ended on December 31, 2017, said an official disclosure on Thursday. The final approv...