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The Financial Express

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Takaful Insurance recommends 11pc dividend

Takaful Insurance recommends 11pc dividend

FE Online Report 2018-04-04 11:13:35

The board of directors Takaful Insurance has recommended 5.0 per cent cash and 6.0 per cent stock dividend for the year ended on December 31, 2017, said an official disclosure on Wednesday. The final...

HC asks eight to surrender over 1996 stock scam

HC asks eight to surrender over 1996 stock scam

-- 2018-04-03 17:22:34

The High Court has ordered eight directors of two companies to surrender before the trial court in two cases filed over the 1996 share market scam. The HC bench of Justice Md Rais Uddin passed the or...

Stocks retreat on profit booking

Stocks retreat on profit booking

FE Online Report 2018-04-03 15:46:18

Stocks drifted lower Tuesday, snapping a three-day winning streak, as risk-averse investors opted to book quick gain. Market operators said the market returned to the red as retail investors went f...

Sensex, Nifty fall amid global selloff; banks gain

Sensex, Nifty fall amid global selloff; banks gain

-- 2018-04-03 15:06:28

Indian shares edged lower on Tuesday tracking global peers, with gains in state-run lenders such as State Bank of India being capped by losses in tech stocks such as Wipro. Investor sentiment was sub...

Beximco Pharma completes acquisition of Nuvista Pharma

Beximco Pharma completes acquisition of Nuvista Pharma

FE Online Report 2018-04-03 13:05:00

Beximco Pharmaceuticals has completed accusation of 85.22 per cent stake in Nuvista Pharma to strengthen its position in hormones and steroids segments. “The board of directors of Beximco Pharm...

Asian stocks slip for second day

Asian stocks slip for second day

-- 2018-04-03 11:56:32

Asian shares slipped for a second day Tuesday amid jitters about US-Chinese trade tensions and mounting public scrutiny of technology companies. Most of the Asian markets declined. The dollar tempo...

Stocks soar on buying spree at opening

Stocks soar on buying spree at opening

FE Online Report 2018-04-03 11:33:39

The prices of most of the stocks witnessed positive trend in early trading Tuesday, as investors continued their buying spree encouraged by the government’s steps to ease the ongoing liquidity...

Intraco Refuelling to hold IPO lottery Apr 17

Intraco Refuelling to hold IPO lottery Apr 17

FE Online Report 2018-04-03 11:27:46

The initial public offering (IPO) lottery of Intraco Refuelling Station will be held on April 17 to allocate 30 million ordinary shares among the successful applicants, officials said. The lottery...

Bashundhara Paper’s IPO subscription to begin April 26

Bashundhara Paper’s IPO subscription to begin April 26

FE Report 2018-04-03 10:30:45

Public subscription of Bashundhara Paper Mills is set to begin on April 26 for raising Tk 2.0 billion from the capital market under the book-building method. Bashundhara Paper Mills received the re...

Dhaka Bank launches transactional account ‘Shukti’

Dhaka Bank launches transactional account ‘Shukti’

-- 2018-04-03 00:21:02

Dhaka Bank Limited has recently launched a transactional account namely 'Shukti' to benefit business enterprises to do more business transactions at its corporate office. In addition to get interest...

Habibur Rahman Prime Bank's new AMD

Habibur Rahman Prime Bank's new AMD

-- 2018-04-03 00:15:26

Habibur Rahman has been promoted to the position of Additional Managing Director (AMD) of Prime Bank. Prior to his promotion, he was Deputy Managing Director (DMD) of the bank. Mr. Rahman has been ass...

Japanese stocks steady; tech rises

Japanese stocks steady; tech rises

-- 2018-04-02 11:58:58

Japanese stocks were steady on Monday as the market started the new quarter, hovering at a key technical level as investors bought bellwether stocks such as tech shares and index heavyweights. The...

Bourses see upward trend at opening

Bourses see upward trend at opening

FE Online Report 2018-04-02 11:52:13

The prices of most of the stocks witnessed upward trend in early trading Monday, as investors are showing their buying spree sector-wise stocks encouraged by the government’s move to ease the...

Dhaka bourse EGM on April 30 to approve strategic partner

Dhaka bourse EGM on April 30 to approve strategic partner

FE Report 2018-04-02 10:17:31

Dhaka Stock Exchange (DSE) will hold extra-ordinary general meeting (EGM) on April 30 to take general shareholders' approval for the share purchase agreement to be signed with its strategic partner....

BSEC takes fresh move to ensure full compliance

BSEC takes fresh move to ensure full compliance

FE Report 2018-04-02 10:12:03

The securities regulator has moved to ensure proper compliance on holding minimum amount of shares of listed companies by the sponsor-directors individually and jointly. The regulatory move came foll...

Asia stocks start new quarter on front foot

Asia stocks start new quarter on front foot

-- 2018-04-02 10:04:16

Asian stocks began the new quarter on Monday with mild gains following a strong performance by global equities last week, while the dollar held steady ahead of key economic indicators. MSCI’s b...

Meghna Group celebrates launching eight new units in MEZ, MIEZ

Meghna Group celebrates launching eight new units in MEZ, MIEZ

-- 2018-04-02 00:13:16

Meghna Group of Industries (MGI) on Saturday celebrated inauguration of eight new industries of Meghna Economic Zone (MEZ) and Meghna Industrial Economic Zone (MIEZ) at Meghnaghat of Sonargaon in Nara...

Apollo Ispat inaugurates environment friendly galvanising factory

Apollo Ispat inaugurates environment friendly galvanising factory

FE Online Report 2018-04-01 19:50:21

Appollo Ispat Complex, a subsidiary of Apollo Group, launched an environment friendly galvanising factory in Narayanganj on Sunday. Industries Minister Amir Hossain Amu inaugurated the plant as the...

DSEX sees biggest single-day gain in three years

DSEX sees biggest single-day gain in three years

FE Online Report 2018-04-01 15:47:13

The prime index of the Dhaka Stock Exchange soared 2.67 per cent, the biggest single-day gain reported in the last three years as investors took position on stocks encouraged by the government’s...

Pubali Bank recommends 10pc stock dividend

Pubali Bank recommends 10pc stock dividend

FE Online Report 2018-04-01 11:37:50

The board of directors of Pubali Bank has recommended 10 per cent stock dividend for the year ended on December 31, 2017. The final approval of the dividend will come during the annual general meetin...

Stocks open week on flying note

Stocks open week on flying note

FE Online Report 2018-04-01 11:36:58

Stocks witnessed a sharp rise in early trading Sunday as optimistic investors are showing their buying appetite on large-cap issues encouraged by the government’s move to ease the ongoing liquid...

Global stocks: Investors look to earnings

Global stocks: Investors look to earnings

-- 2018-03-31 10:59:21

Nervous stock investors are hoping an unusually US strong earnings season can restore some of the optimism that characterized equity markets last year. Imploding technology stocks and fears of a trad...

Star Ceramics to raise capital for expansion

Star Ceramics to raise capital for expansion

FE Report 2018-03-31 10:52:16

Star Ceramics, a tiles and sanitary-ware maker, will raise Tk 600 million from the capital market under the book-building method for expanding its existing plant. As part of raising capital, Star C...

Weekly review: Dhaka stocks reverse long losing streak

Weekly review: Dhaka stocks reverse long losing streak

Babul Barman 2018-03-31 10:17:48

Stocks were marginally higher last week, snapping the five-week losing spell, driven by the government's move to ease the ongoing liquidity crunch. Analysts said the market edged higher as optimistic...

China stocks barely move

China stocks barely move

-- 2018-03-30 11:15:14

China shares barely moved on Friday as gains in healthcare stocks were offset by losses in developers and banking shares. At 04:03 GMT, the Shanghai Composite index was up 0.12 per cent at 3,164.22...

Wall Street ends sharply higher

Wall Street ends sharply higher

-- 2018-03-30 11:07:08

US stocks closed sharply higher Thursday, with major indexes climbing 1.0 per cent in a broad rally that had nearly every sector participate in the gains and post strong weekly advances. Even so,...

Square Pharma tops DSE transaction chart

Square Pharma tops DSE transaction chart

FE Report 2018-03-30 10:31:01

Top 10 companies captured for more than 23 per cent transaction of the Dhaka Stock Exchange (DSE) Thursday, with Square Pharmaceuticals topping the chart. Market insiders said the investors were ac...

IDLC Finance approves 30pc cash dividend

IDLC Finance approves 30pc cash dividend

-- 2018-03-30 10:28:17

Aziz Al Mahmood, Chairman of IDLC Finance Limited, presiding over the 33rd annual general meeting (AGM) of the company at Radisson Blu Water Garden Hotel in the city on Thursday in presence of Arif Kh...

Green Delta Insurance AGM  approves 20pc cash dividend

Green Delta Insurance AGM approves 20pc cash dividend

-- 2018-03-29 23:45:16

Shareholders of Green Delta Insurance Limited Thursday approved 20 per cent cash dividend for the year 2017, appreciating the management for the company's outstanding performance. The approval was gi...

Stocks rebound strongly after three-day slump

Stocks rebound strongly after three-day slump

FE Online Report 2018-03-29 17:24:40

Stocks rebounded strongly Thursday, with core index of the Dhaka bourse soaring nearly 2.0 per cent, powered by investors’ buying spree on large-cap stocks. Market insiders said the market rebo...