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The Financial Express

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Opening of BO accounts slumps

Opening of BO accounts slumps

FE Report 2018-05-30 12:27:42

About 121,386 beneficiary owner (BO) accounts were opened in last nine months, according to a stock market depository service provider. Data available with the Central Depository Bangladesh Limited...

DSE seeks waiver of tax on its 25pc stake sales

DSE seeks waiver of tax on its 25pc stake sales

FE Report 2018-05-30 11:52:03

The Dhaka Stock Exchange (DSE) has sought exemption from tax at source on the sales value of its 25 per cent shares to a Chinese consortium. Besides, the premier bourse sought full waiver of tax on...

DSE, CSE eke out some gains

DSE, CSE eke out some gains

FE Online Report 2018-05-30 11:34:20

The prices of most of the shares on both bourses witnessed upward trend in early hour of trading Wednesday as investors are active on sector-wise stocks. Following the previous two days’ corr...

Stocks end lower for second day after bumpy ride

Stocks end lower for second day after bumpy ride

FE Online Report 2018-05-29 16:16:09

Stocks finished marginally lower for the second day in a row on Tuesday after volatile trading. After witnessing see-saw movement, DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), settl...

Japanese shares hit one-month low

Japanese shares hit one-month low

-- 2018-05-29 12:48:04

Japanese shares slipped to one-month lows on Tuesday with investors selling cyclical shares as concerns over European politics added to the list of reasons to be cautious about the global economic o...

Asian markets mostly lower

Asian markets mostly lower

-- 2018-05-29 12:30:23

Asian share markets were mostly lower Tuesday, tracking losses in Europe, where investor confidence was sapped by political uncertainty in Italy. US markets were closed Monday for a holiday. Japan&...

ICB, its subsidiaries to waive 100pc interest on margin loans

ICB, its subsidiaries to waive 100pc interest on margin loans

FE Report 2018-05-29 12:09:15

Investment Corporation of Bangladesh (ICB) and its two subsidiaries will waive 100 per cent interest on the margin accounts of the 'affected' investors. The subsidiaries are ICB Capital Management...

Legacy Footwear's share price continues to soar sans PSI

Legacy Footwear's share price continues to soar sans PSI

FE Report 2018-05-29 12:07:40

The share price of Legacy Footwear continued to soar with no apparent reason. The price jumped 6.79 per cent further on Monday to close at Tk 88.10 each at the Dhaka bourse. The share soared more t...

Stocks witness volatility in early trading

Stocks witness volatility in early trading

FE Online Report 2018-05-29 11:27:57

Stocks witnessed volatile trading in early hour of trading Tuesday as investors are active both sides of trading fence. Following the previous day’s correction, the Dhaka Stock Exchange (DSE)...

European stocks give up early gains

European stocks give up early gains

-- 2018-05-28 16:33:59

European stocks were mixed at the early trading on Monday as early elections loomed in Italy after the anti-establishment 5-Star and League parties abandoned plans to form a government. The markets g...

Indian equities gain for third straight session

Indian equities gain for third straight session

-- 2018-05-28 15:52:32

Indian equities gained for a third straight session on Monday as a sharp drop in crude prices and a recovery in the rupee boosted sentiment, while shares of Sun Pharmaceutical Industries saw their bes...

Stocks slip into red amid low turnover

Stocks slip into red amid low turnover

FE Online Report 2018-05-28 15:47:45

Stocks slipped into the red on Monday, spanning the two-day gaining streak, as bearish trend continued. DSEX, the prime index of the Dhaka Stock Exchange (DSE) went down by more than 39 points to s...

Bashundhara Paper's IPO lottery May 30

Bashundhara Paper's IPO lottery May 30

FE Online Desk 2018-05-28 12:44:20

The IPO lottery conduction programme for allotment of shares of Bashundhara Paper Mills will be held on May 30, according to an official notification of the company. The company issued above 26.04 mi...

Japanese shares give up initial gains

Japanese shares give up initial gains

-- 2018-05-28 12:43:42

Japanese shares were little changed on Thursday on Monday as a further slide in oil prices pulled down energy-related stocks, offsetting renewed hopes of a US-North Korea summit next month. The ben...

IPO subscription of two cos to begin in April

IPO subscription of two cos to begin in April

FE Report 2018-05-28 11:48:54

The public subscription of Aman Cotton Fibrous Limited and VFS Thread Dyeing Limited will open on June 03 and June 24 respectively, officials said. Aman Cotton: The public subscription of Aman Cott...

DSE, CSE witness upturn at opening

DSE, CSE witness upturn at opening

FE Online Report 2018-05-28 11:37:58

The prices of most of the shares on both bourses witnessed upward trend in early hour of trading Monday as some investors continued their buying appetite on sector-wise issues. Following the previous...

Asian stocks gain on North Korea summit hopes

Asian stocks gain on North Korea summit hopes

-- 2018-05-28 10:58:31

US oil futures hit six-week lows on expectations major producers may ease output curbs on Monday, while Asian stocks and US share futures gained on signs the United States and North Korea were still w...

Stocks end higher for second day

Stocks end higher for second day

FE Online Report 2018-05-27 17:04:06

Stocks finished marginally for the second day in a row on Sunday as investors showed their buying appetite on sector-wise stocks. DSEX, the prime index of the Dhaka Stock Exchange (DSE) went up by 27...

Stocks mostly positive on higher trading

Stocks mostly positive on higher trading

FE Online Report 2018-05-27 11:45:46

The prices of most of the shares on both bourses witnessed positive trend in early hour of trading on Sunday as some investors were showing their buying appetite on sector-wise stocks. Following the...

Shurwid Industries incurs losses in last three years

Shurwid Industries incurs losses in last three years

Mohammad Mufazzal 2018-05-27 10:21:12

Shurwid Industries Limited, a 'Z' category company, has incurred losses in last three consecutive years allegedly due to a crisis in management as well as short supply of electricity and gas. As a re...

Dollar rises, oil falls, global stocks steady

Dollar rises, oil falls, global stocks steady

-- 2018-05-26 13:20:15

Global stocks were nearly flat on Friday while political upheaval in Europe and uncertainty over a US-North Korea summit restrained equity markets. Growing expectations of increased oil supply hit...

Prime Bank approves 10pc stock, 7.0pc cash dividend

Prime Bank approves 10pc stock, 7.0pc cash dividend

FE Online Desk 2018-05-26 12:52:38

The 23rd Annual General Meeting of Prime Bank Limited was held recently at Krishibid Institution, Farmgate, Dhaka. Azam J Chowdhury, Chairman, Board of Directors presided over the meeting. Among dif...

Wall St mixed as oil prices sink

Wall St mixed as oil prices sink

-- 2018-05-26 12:17:20

US stocks witnessed mixed trend on Friday as a steep drop in oil prices pressured the energy stocks, the S&P 500 index and the Dow Jones Industrial Average were slightly lower while Nasdaq Composi...

Stocks slide for fifth straight week

Stocks slide for fifth straight week

FE Report 2018-05-26 11:34:43

Stocks witnessed yet another bearish week that ended on Thursday, extending the losing streak for fifth week in a row. During the five consecutive weeks, the core index of the Dhaka Stock Exchange...

S&P 500  cos return $1.0 trillion to shareholders in tax-cut surge

S&P 500 cos return $1.0 trillion to shareholders in tax-cut surge

-- 2018-05-26 10:59:28

S&P 500 companies have returned a record $1 trillion to shareholders over the past year, helped by a recent surge in dividends and stock buybacks following sweeping corporate tax cuts introduced b...

Renata to establish subsidiary company in UK

Renata to establish subsidiary company in UK

Babul Barman 2018-05-26 00:20:55

Renata Limited (formerly Pfizer Limited) has decided to establish a subsidiary company in United Kingdom after fulfilling necessary regulatory requirements to export products to the European countries...

SE Asian stocks mixed in muted trading

SE Asian stocks mixed in muted trading

-- 2018-05-25 12:02:04

Most Southeast Asian stock markets were mixed in muted trading on Friday, while Malaysian shares climbed after five sessions of losses. Indonesian local benchmark equity index, which has shed about...

Asian shares shaky after Trump-Kim summit cancellation

Asian shares shaky after Trump-Kim summit cancellation

-- 2018-05-25 11:23:46

Asian shares were slightly weaker on Friday amid fragile market sentiment after US President Donald Trump called off a key summit with North Korea, though investor concerns were softened by expectatio...

Al-Arafah Bank approves 20pc dividend for 2017

Al-Arafah Bank approves 20pc dividend for 2017

FE Desk Report 2018-05-25 10:48:16

Al-Arafah Islami Bank Limited has approved 15 per cent cash and 5.0 per cent stock dividend for the year ended on December 31, 2017. The dividend was approved at the bank's 23rd annual general meetin...

Envoy Textiles witnesses steady revenue growth in last five years

Envoy Textiles witnesses steady revenue growth in last five years

Mohammad Mufazzal 2018-05-25 10:43:35

Envoy Textiles, a fashion denim manufacturer and exporter, witnessed a steady growth in revenue earnings during the last five years. The company, however, showed mixed performance in making profit an...