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The Financial Express

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FY'18 witnesses increased issuance of stock dividend

FY'18 witnesses increased issuance of stock dividend

-- 2018-07-01 10:16:45

Some 148 companies listed with the Dhaka Stock Exchange (DSE) have increased their paid-up capital through issuing stock dividend worth over Tk 42.77 billion in the outgoing fiscal year (FY) 2017-18....

ICAB holds confce on New Format of Auditor’s Report

ICAB holds confce on New Format of Auditor’s Report

-- 2018-06-30 12:57:31

The Institute of Chartered Accountants of Bangladesh (ICAB) arranged a Members’ Conference on ‘New Format of Auditor’s Report Based on Latest International Standards on Auditing&rsqu...

World stocks rally after volatile week

World stocks rally after volatile week

-- 2018-06-30 12:14:28

Global stock markets rallied on Friday, with Wall Street seeing its record gains and European indexes recovering from a volatile week pegged to a growing US trade battle with other top global economie...

US stocks end up; declines for week

US stocks end up; declines for week

-- 2018-06-30 12:13:15

US stocks ended higher on Friday after Nike Inc and banking shares surged, though all three still posted weekly declines. Based on the latest available data, the Dow Jones Industrial Average rose 59....

Stocks edge lower at end of FY18

Stocks edge lower at end of FY18

FE Report 2018-06-30 10:33:10

The share price of Bangladesh Autocars is soaring without any price sensitive information (PSI) as it surged further by 42 per cent last week. Bangladesh Autocars dominated the week's gainer chart fo...

Nine cos, two MFs raise Tk 5.41b through IPOs  Babul Barman

Nine cos, two MFs raise Tk 5.41b through IPOs Babul Barman

FE Report 2018-06-30 10:23:58

Fund raising by companies through initial public offerings (IPOs) surged by 39 per cent in the outgoing fiscal year (FY) compared to the previous fiscal. Nine companies and two mutual funds (MF) rais...

Indian shares bounce back

Indian shares bounce back

-- 2018-06-29 14:30:34

Indian rebounded strongly on Friday after two straight days of losses, starting July derivatives series on a strong footing led by energy and financial stocks as the rupee recovered from an all-time...

Portfolio investment up 17.18 per cent

Portfolio investment up 17.18 per cent

FE Report 2018-06-29 11:15:51

Transactions in foreign portfolio investment in Bangladesh stock market rose 17.18 per cent in the outgoing fiscal year (FY) 2017-18 compared to previous FY, according to Dhaka Stock Exchange (DSE)....

Dhaka Bank approves 12.50pc stock dividend

Dhaka Bank approves 12.50pc stock dividend

FE Online Desk 2018-06-29 11:10:47

The 23rd Annual General Meeting of Dhaka Bank Limited was held on Thursday at the Grand Ball Room, Pan Pacific Sonargaon, Dhaka, said a statement. The AGM approved 12.50 per cent stock dividend for t...

Asian shares rally on China rebound

Asian shares rally on China rebound

-- 2018-06-29 10:57:29

Asian share markets rallied from nine-month lows on Friday, after China eased foreign investment limits, but underlying sentiment was dampened by worries over trade frictions a week before initial US...

European shares fall on trade tensions

European shares fall on trade tensions

-- 2018-06-28 16:05:58

European shares slipped on Thursday amid the ongoing trade tensions as investors positioned for a potentially divisive European Union summit. Having clawed back some ground on Wednesday, the pan-Eu...

Stocks end FY18 with negative note

Stocks end FY18 with negative note

FE Online Report 2018-06-28 15:59:28

Stocks ended with negative note on Thursday, the last trading session of the outgoing fiscal year (FY18), as investors were on selling mode on selective stocks. Following the previous day’s d...

Popular Life recommends 40pc cash dividend

Popular Life recommends 40pc cash dividend

FE Online Report 2018-06-28 12:41:24

The board of directors of Popular Life Insurance Company Limited has recommended 40 per cent cash dividend for the year ended on December 31, 2017, said an official disclosure on Thursday. The annu...

United Power to acquire two power plants

United Power to acquire two power plants

FE Online Report 2018-06-28 12:38:35

The board of directors of United Power Generation & Distribution Company Limited has decided to acquire two power plants of the United Group. United Power will acquire majority shares (92.41 pe...

Stocks rise after JS passes finance bill

Stocks rise after JS passes finance bill

FE Online Report 2018-06-28 11:58:37

Prices of most of the shares on both the bourses saw positive trend in early hour of trading on Thursday after the Jatiya Sangsad (JS) passed the Finance Bill 2018 on Wednesday. Investors are showin...

Bangladesh a big market for GE

Bangladesh a big market for GE

M Azizur Rahman, back from USA 2018-06-28 10:43:39

Bangladesh is among the most exciting markets for US conglomerate GE [General Electric] in South Asia. It is contributing considerably to providing reliable, efficient electricity to millions of home...

Bashundhara Paper makes debut Monday

Bashundhara Paper makes debut Monday

FE Report 2018-06-28 10:38:00

Bashundhara Paper Mills Limited is set make its share trading debut on July 2 (Monday) on the Dhaka and Chittagong bourses under "N" category. DSE trading code for the company is "BPML" and company...

Consortium led by Unique Hotel to develop 584 megawatt power plant

Consortium led by Unique Hotel to develop 584 megawatt power plant

FE Report 2018-06-28 10:35:17

A consortium comprising three companies led by Unique Hotel & Resorts will develop a 584 megawatt power plant at Meghnaghat area in Narayanganj. The gas/R-LNG based Combined Cycle Power Generat...

Asian shares slump to nine-month low

Asian shares slump to nine-month low

-- 2018-06-28 10:31:38

Asian stocks slumped to nine-month lows on Thursday on growing worries the US administration’s approach to trade is harming global economic growth even as it appeared to be modifying its approac...

CSE removes contract charge on trade

CSE removes contract charge on trade

FE Report 2018-06-28 10:26:24

The port city's bourse has decided to withdraw the contract charge and restructure the existing commission charge on trade effective from July 1. The Chittagong Stock Exchange (CSE) has reviewed it...

Reckitt Benckiser AGM approves 790pc dividend

Reckitt Benckiser AGM approves 790pc dividend

FE Online Desk 2018-06-27 16:06:11

The 57th annual general meeting (AGM) of Reckitt Benckiser (Bangladesh) Limited was held at Hotel Peninsula in Chattogram on Monday. The AGM approved 790pc cash dividend for the shareholders for th...

Bourses eke out some gains

Bourses eke out some gains

FE Online Report 2018-06-27 15:45:54

Stocks eked out some gains on Wednesday, the penultimate trading day of the week, as investors stopped selling shares amid expectations. DSEX, the prime index of the Dhaka Stock Exchange (DSE), went...

China, HK shares slip on trade fears

China, HK shares slip on trade fears

-- 2018-06-27 12:49:58

China and Hong Kong stocks slipped on Wednesday and the markets looked set to post their third straight session of decline, amid lingering trade war fears and a depreciating yuan. The CSI300 index...

Asian shares fall as trade concerns linger

Asian shares fall as trade concerns linger

-- 2018-06-27 12:35:41

Asian shares were mostly lower on Wednesday as jitters over trade conflicts between the world's major economies lingered while the prices of oil extended gains. The oil prices extended gains as the...

Stocks witness sharp rise at opening

Stocks witness sharp rise at opening

FE Online Report 2018-06-27 11:46:49

Most of the shares on both bourses saw steep rise in early hour of trading on Wednesday as investors are showing their buying appetite on sector-wise stocks. Following the previous two days’ do...

BSEC approves IPO of Kattali Textile

BSEC approves IPO of Kattali Textile

FE Report 2018-06-27 11:31:10

The securities regulator has approved the IPO (initial public offering) proposal of Kattali Textile which will raise a capital worth Tk 340 million. The Bangladesh Securities and Exchange Commissio...

Subscription of ML Dyeing to open July 8

Subscription of ML Dyeing to open July 8

FE Report 2018-06-27 11:15:03

IPO subscription of ML Dyeing Ltd will begin on July 8 which will raise a fund worth Tk 200 million from the capital market. The company's initial public offering (IPO) subscription will be continu...

Stocks end lower again

Stocks end lower again

FE Online Report 2018-06-26 16:01:50

Stocks finished lower for the two consecutive sessions on Tuesday as cautious investors continued to book profit on sector-wise stocks. The market opened on positive note gaining around 18 points w...

Rupali Bank AGM approves 24pc dividend

Rupali Bank AGM approves 24pc dividend

FE Online Desk 2018-06-26 15:37:02

The 32nd Annual General Meeting of Rupali Bank Limited was held at Diploma Engineering Institution, Dhaka on Tuesday. The AGM approved 24 per cent stock dividend for the shareholders. The AGM was pr...

FSIBL holds 19th AGM

FSIBL holds 19th AGM

FE Online Desk 2018-06-26 15:13:23

The 19th Annual General Meeting of First Security Islami Bank Limited was held on Tuesday at Kurmitola Golf Club, Dhaka Cantonment, Dhaka. The meeting was presided over by Mr. Mohammed Abdul Maleque,...