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The Financial Express

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Bourses mostly lower amid sluggish trade

Bourses mostly lower amid sluggish trade

FE Online Report 2018-02-26 11:32:32

The prices of most of the shares on both bourses witnessed a downward trend in the early trade on Monday as investors continued to show their selling binge. Following the previous six days’ m...

ICSB plea to allow ITP

ICSB plea to allow ITP

FE Online Desk 2018-02-26 11:02:59

The Institute of Chartered Secretaries of Bangladesh (ICSB) has urged the Finance Minister to allow Chartered Secretary profession for Income Tax Practice like Chartered Accountants and Cost & Man...

Asian shares turn cautious

Asian shares turn cautious

-- 2018-02-26 09:57:09

Asian share markets were in a cautious mood on Monday as investors braced for an event-packed week headlined by US inflation data and the first House testimony by the new head of the Federal Reserve....

Key index slips below 5,900-mark on selling spree

Key index slips below 5,900-mark on selling spree

FE Online Report 2018-02-25 19:14:04

Stocks witnessed yet another bearish session on Sunday – thereby extending the losing streak for the fifth day in a row – with the key index of major bourse going below 5,900-mark. Market...

Stocks of Facebook rally as week ends

Stocks of Facebook rally as week ends

-- 2018-02-25 13:48:54

Social media giant Facebook (FB) and the rest of the Nasdaq Composite rallied heartily on Friday, as the index was carried just below its record high set last month. It was a strong end to a week th...

Shasha Denims to acquire 40pc shares of EOS Textiles

Shasha Denims to acquire 40pc shares of EOS Textiles

FE Online Report 2018-02-25 12:17:37

Shasha Denims Limited (SDL) will acquire 40 per cent stake of EOS Textiles Mills Limited worth approximately Tk 480 million, said an official disclosure on Sunday. The Shasha Denims said approximatel...

Legacy Footwear to open Unit-2

Legacy Footwear to open Unit-2

FE Online Report 2018-02-25 12:08:23

The board of directors of Legacy Footwear has taken a number of decisions including raising fund from the existing directors/sponsors as per the requirements of the company. In this regard, the compa...

United Finance recommends 15pc dividend

United Finance recommends 15pc dividend

FE Online Report 2018-02-25 12:02:46

The board of directors of United Finance has recommended 10 per cent cash and 5.0 per cent stock dividend for the year ended on December 31, 2017, said an official disclosure on Sunday. The final app...

DBBL recommends 30pc cash dividend

DBBL recommends 30pc cash dividend

FE Online Report 2018-02-25 11:38:07

The board of directors of Dutch-Bangla Bank Limited (DBBL) has recommended 30 per cent cash dividend for the year ended on December 31, 2017, said an official disclosure on Sunday. The final approval...

DSEX dips below 5,900-mark in early trading

DSEX dips below 5,900-mark in early trading

FE Online Report 2018-02-25 11:35:06

The prices of most of the shares on both bourses witnessed downward trend in early hour of trading on Sunday as investors were on selling mood. Following the previous week’s sharp fall, the Dha...

CSE-50 Index sees revision

CSE-50 Index sees revision

FE Online Desk Report 2018-02-24 13:51:00

The CSE-50 Index has been revised on the basis of performance of the CSE-listed companies. The new index will be effective from March 05, 2018. CSE 50 index is reviewed twice in a year. Trust Bank L...

Average turnover dips 27pc on premier bourse

Average turnover dips 27pc on premier bourse

Babul Barman 2018-02-24 00:00:00

Stocks nosedived last week that ended Thursday, after single-week break, as investors sold shares throughout the week amid ongoing liquidity shortage. Market operators said the persistent liquidity...

BSE, NSE rise with Asian peers

BSE, NSE rise with Asian peers

-- 2018-02-23 14:24:46

Indian shares rose on Friday, tracking broader Asia, after Fed official’s comments eased worries about faster rate hikes in the United States. The stock markets have been under pressure recentl...

SE Asia stocks: S’pore rises 1pc

SE Asia stocks: S’pore rises 1pc

-- 2018-02-23 14:12:29

The Southeast Asian stock markets rose on Friday as the US rate hike worries abate after the fed officials allayed concerns that the central bank would intensify the pace of interest rate hikes this...

Asian shares bounce back

Asian shares bounce back

-- 2018-02-23 10:51:24

Asian shares rebounded on Friday as comments from a Federal Reserve official eased worries about faster rate rises in the United States, while the safe-haven yen held on to its gains amid heightened v...

Nikkei rises on improved sentiment

Nikkei rises on improved sentiment

-- 2018-02-23 10:09:53

Japanese shares edged up on Friday, as sentiment improved after fears of more aggressive US interest rate hikes receded, with defensive stocks such as construction and utilities outperforming. The Ni...

BSEC forms appraisal body after DSE proposal

BSEC forms appraisal body after DSE proposal

FE Report 2018-02-23 10:02:26

The securities regulator BSEC formed a four-member committee on Thursday to look into the proposal from the Dhaka Stock Exchange to pick a Chinese consortium as a strategic partner of Bangladesh's pre...

Ten cos grab 27pc turnover on DSE

Ten cos grab 27pc turnover on DSE

FE Report 2018-02-23 09:31:38

Ten top-traded companies accounted for over 27 per cent of transactions on the country's premier bourse on Thursday, with Square Pharmaceuticals topping the turnover list. Market-insiders said fund...

DSE turnover dips 20-month low

DSE turnover dips 20-month low

FE Online Report 2018-02-22 15:50:05

Turnover on Dhaka Stock Exchange (DSE) dipped to Tk 2.89 billion Thursday, hitting nearly 20 months low, as investors were mostly inactive amid persistent liquidity shortage. Turnover, the crucial...

European shares retreat in early trading

European shares retreat in early trading

-- 2018-02-22 15:05:19

European shares retreated in early trading on Thursday as a flurry of corporate results fail to lift sentiment after a new wave of speculation about faster hikes in US interest rates. The faster hi...

Nikkei slips on US rates speculation

Nikkei slips on US rates speculation

-- 2018-02-22 14:39:56

Japanese shares slipped on Thursday on across-the-board selling after US shares dropped overnight on speculation about faster interest rate hikes. The Nikkei declined 1.1 per cent to 21,736.44. Ri...

DSE submits Chinese proposal to BSEC

DSE submits Chinese proposal to BSEC

FE Online Report 2018-02-22 12:17:33

The board of directors of the Dhaka Stock Exchange (DSE) has finally submitted the Chinese consortium’s proposal to the securities regulator for approval. DSE Deputy General Manager (PR) Shafiq...

Asian stocks slip as US rate risk sours sentiment

Asian stocks slip as US rate risk sours sentiment

-- 2018-02-22 12:16:46

Most Asian share markets followed S&P 500 futures lower on Thursday as speculation of faster hikes in US interest rates soured risk appetite globally. The dollar held onto most of its overnight g...

Stocks creep higher at opening

Stocks creep higher at opening

FE Online Report 2018-02-22 11:31:00

The prices of most of the shares on both bourses witnessed upward trend in early hour of trading on Thursday as investors active on sector-wise stocks amid optimism. Following the previous four day...

Asian shares rise on Japan data

Asian shares rise on Japan data

-- 2018-02-21 12:23:10

Asian shares rose on Wednesday, supported by rosy manufacturing data from Japan, despite losses on Wall Street. Japan's Nikkei 225 index climbed 0.6 per cent to 22,064.55 and Hong Kong's Hang Seng ad...

Nikkei rises in choppy trading

Nikkei rises in choppy trading

-- 2018-02-21 12:13:47

Japanese shares edged up in choppy trade on Wednesday as gains in chip stocks and other exporters got a boost from steady dollar-yen levels. The Nikkei gained 0.3 per cent to 21,979.91 in midmorning...

Ten top-traded cos snare 32pc turnover

Ten top-traded cos snare 32pc turnover

FE Report 2018-02-21 11:34:06

The ten top-traded companies accounted for more than 32 per cent of the total transactions on the country's premier bourse on Tuesday. Unique Hotel & Resorts dominated the turnover chart. Brokers...

BSEC frames code of conduct for eligible investors

BSEC frames code of conduct for eligible investors

FE Report 2018-02-21 09:45:58

The securities regulator has set some code of conduct for eligible investors (EIs) in the bidding process to ensure 'justified' price of IPO (initial public offering) shares under the book building me...

European shares edge back in positive territory

European shares edge back in positive territory

-- 2018-02-20 17:08:25

European shares rebounded on Tuesday after ending a three-day recovery in the previous session when Wall Street and Chinese markets were closed for holiday. At 0824 GMT, most sectors and indexes acro...

Mideast stocks slip, Saudi firm

Mideast stocks slip, Saudi firm

-- 2018-02-20 16:56:00

Mideast stocks were mostly lower on Tuesday, in line with a pull-back by Asian bourses and oil prices, but Saudi Arabia remained firm in a fresh sign of fund flows into Riyadh from the rest of the reg...