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The Financial Express

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Esquire Knit to invest Tk 47.77 million in a subsidiary

Esquire Knit to invest Tk 47.77 million in a subsidiary

FE REPORT 2022-06-17 09:52:03

The board of directors of Esquire Knit Composite, a concern of Esquire Group, has approved an investment decision amounting to Tk 47.77 million for its subsidiary L' Esquire Limited. "This investme...

BAFFA arranges industry-academia meeting

BAFFA arranges industry-academia meeting

OUR CORRESPONDENT 2022-06-17 09:49:41

CHATTOGRAM: Bangladesh Freight Forwarders Association (BAFFA) hosted an 'Industry-academia collaboration meeting' to discuss ways to develop skills in the logistics sector. The meeting, held at the...

DSE key index exceeds 6400-mark

DSE key index exceeds 6400-mark

FE ONLINE REPORT  2022-06-16 17:07:44

Stocks extended the gaining streak for the second straight day on Thursday as bargain hunters continued their buying interest on lucrative issues.  The market opened higher in the morning and th...

Bourses witness uptrend in early trading

Bourses witness uptrend in early trading

FE ONLINE REPORT 2022-06-16 12:25:03

Stocks opened higher on Thursday, maintaining the previous day’s positive trend, as the bargain hunters continued their buying binge on lucrative issues. DSEX, the prime index of the Dhaka Stoc...

State minister supports merchant bankers' demand

State minister supports merchant bankers' demand

FE REPORT 2022-06-16 10:07:37

The state minister for planning Dr. Shamsul Alam has supported merchant bankers' demand of whitening undisclosed money in the capital market. The state minister echoed the merchant bankers' demand on...

Smuggled money be back, bourses to be bullish

Smuggled money be back, bourses to be bullish

FE REPORT 2022-06-16 08:30:42

It is systemic fault that creates black money in Bangladesh, says Finance Minister AHM Mustafa Kamal as he bets big on budget baits for repatriation of the siphoned-off funds. "Whoever possesses land...

BSEC allows Global Islami Bank to raise Tk 4.25b through IPO

BSEC allows Global Islami Bank to raise Tk 4.25b through IPO

FE ONLINE REPORT  2022-06-15 20:34:22

The stock market regulator has allowed Global Islami Bank to raise Tk 4.25 billion from the capital market under the fixed price method.  The approval came on Wednesday at a meeting held at the...

Stocks snap four-day losing streak

Stocks snap four-day losing streak

FE ONLINE REPORT  2022-06-15 18:07:25

Stocks ended marginally higher on Wednesday, snapping a four-day losing streak, as bargain hunters showed their buying interest in lucrative issues.  DSEX, the prime index of the Dhaka Stock E...

Stocks open higher after four-day slump

Stocks open higher after four-day slump

FE ONLINE REPORT 2022-06-15 11:37:14

The stock market opened higher on Wednesday as the bargain hunters were showing their buying interest on sector-specific stocks after a four-day price correction. DSEX, the prime index of the Dhaka S...

Monno Fabrics keeps soaring sans PSI

Monno Fabrics keeps soaring sans PSI

FE REPORT 2022-06-15 10:08:18

Monno Fabrics has been witnessing an unprecedented price hike and increase in volume of shares even though there is no undisclosed price sensitive information (PSI). Just in five trading days, the co...

Push to improve financial literacy of women investors

Push to improve financial literacy of women investors

FE REPORT 2022-06-15 10:01:39

Experts at a workshop suggested improving the financial literacy of women investors to enhance their participation in the capital market. They said that if women investors come to the market with pri...

Stocks extend losing streak amid macroeconomic worries

Stocks extend losing streak amid macroeconomic worries

FE ONLINE REPORT 2022-06-14 16:36:09

Stocks extended the losing streak on Tuesday as investors continued sell-off shares amid the country’s macroeconomic worries. DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down...

Stocks open mixed amid cautious trading

Stocks open mixed amid cautious trading

FE ONLINE REPORT 2022-06-14 11:42:36

The stock market opened with a mixed trend on Tuesday as investors were mostly cautious amid the instability of the exchange rate and rising inflation. DSEX, the prime index of the Dhaka Stock Exchan...

DSE for widening tax gap between listed, non-listed companies

DSE for widening tax gap between listed, non-listed companies

FE REPORT 2022-06-14 09:50:36

Dhaka Stock Exchange (DSE) has urged the government to widen the gap between the rates of corporate tax paid by listed and non-listed companies. The premier bourse DSE said the gap between the rates...

Stock markets slide over global economy concerns

Stock markets slide over global economy concerns

-- 2022-06-13 13:49:11

Asian stock markets have fallen sharply as soaring prices in America triggered fears the Federal Reserve will take tougher action to rein in inflation. At the same time, the US dollar strengt...

Bourses see modest fall at opening

Bourses see modest fall at opening

FE ONLINE REPORT 2022-06-13 10:56:32

The stock market opened marginally lower on Monday, the second day after unveiling the national budget as the proposed budget appears to have failed to boost stock investors’ confidence. DSEX,...

Five junk stocks keep rising

Five junk stocks keep rising

FE REPORT 2022-06-13 10:20:58

Prices of five junk stocks are rising 'abnormally' on the Dhaka Stock Exchange (DSE) despite these firms are incurring huge losses and not giving dividends for a long time. Junk stocks have also freq...

MoU inked to begin trading of T-bonds

MoU inked to begin trading of T-bonds

FE REPORT 2022-06-13 10:14:52

Stakeholders on Sunday signed a memorandum of understanding (MoU) to commence trading of Treasury Bonds (T-bonds) aiming to activate the country's bond market. The representatives of Bangladesh Bank...

City Bank holds 39th AGM virtually; approves 12.50pc cash, 12.50pc stock dividend

City Bank holds 39th AGM virtually; approves 12.50pc cash, 12.50pc stock dividend

FE ONLINE DESK 2022-06-12 16:43:55

The 39th Annual General Meeting (AGM) of City Bank was held on Sunday on a virtual platform. The Audited Financial Statements for the Bank for the year ended December 31, 2021, were placed before the...

Stocks open lower on post-budget session

Stocks open lower on post-budget session

FE ONLINE REPORT 2022-06-12 11:56:18

The market opened lower on Sunday, the first session after unveiling the national budget, as there were mixed investor reactions to the proposed budget. DSEX, the prime index of the Dhaka Stock Excha...

CSE for continuation of money whitening thru stock market

CSE for continuation of money whitening thru stock market

FE REPORT 2022-06-12 09:48:09

Chittagong Stock Exchange (CSE) has made a set of demands including the reconsideration of the scope of whitening undisclosed money through capital market by individual taxpayers. The port city b...

Weekly market review: Budgetary hopes keep stocks afloat

Weekly market review: Budgetary hopes keep stocks afloat

BABUL BARMAN 2022-06-11 10:47:13

Stocks extended the gaining streak for a second straight week to Thursday as bargain hunters put fresh bets on selective issues, with an eye on the national budget. Finance Minister AHM Mustafa Kam...

DSE hails budget for economic dev plan

DSE hails budget for economic dev plan

FE REPORT 2022-06-11 08:45:45

The Dhaka Stock Exchange (DSE) welcomed the proposed budget for the fiscal year (FY) 2022-23 as a 'far-reaching plan' for the country's overall economic development. Finance Minister A H M Mustafa...

Stocks open higher on budgetary hopes

Stocks open higher on budgetary hopes

FE ONLINE REPORT   2022-06-09 11:49:47

The stock market opened higher on Thursday as investors kept their buying interest on sector-wise issues just ahead of unveiling the national budget. Finance Minister AHM Mustafa Kamal will unveil th...

Tax receipts from DSE drop 19pc in May

Tax receipts from DSE drop 19pc in May

BABUL BARMAN 2022-06-09 10:37:34

The government revenue earnings from the Dhaka Stock Exchange (DSE) dropped by 19 per cent month-on-month in May on the back of falling turnover value. The government collected revenue worth Tk 176 m...

Ceiling of mandatory investments in listed securities raised

Ceiling of mandatory investments in listed securities raised

FE REPORT 2022-06-09 10:28:49

Navana Pharmaceuticals will raise Tk 750 million from the capital market under book building method. The Bangladesh Securities and Exchange Commission (BSEC) on Wednesday decided to approve the compa...

Microsoft scales down Russia operations due to Ukraine crisis

Microsoft scales down Russia operations due to Ukraine crisis

-- 2022-06-09 10:11:34

Microsoft Corp said on Wednesday it was making substantial cuts to its business in Russia, joining a string of companies that are reducing their exposure or pulling out of the country following its in...

Bourses open marginally higher

Bourses open marginally higher

FE ONLINE REPORT 2022-06-08 11:25:55

The market opened marginally higher on Wednesday as the bargain hunters showed some buying interest in sector-wise lucrative stocks. Following the previous day’s modest correction, DSEX, the...

Meghna Insurance makes debut today

Meghna Insurance makes debut today

FE REPORT 2022-06-08 11:05:06

Meghna Insurance Company makes its debut trading today (Wednesday) under the 'N' category, a disclosure said. The Bangladesh Securities and Exchange Commission (BSEC) approved the company's IPO (init...

Transfer undistributed dividends to CMSF account by June 10, BSEC asks issuers

Transfer undistributed dividends to CMSF account by June 10, BSEC asks issuers

FE REPORT 2022-06-07 09:56:51

The securities regular has asked issuer companies to transfer undistributed dividends into the account of Capital Market Stabilisation Fund (CMSF) within June 10. The Bangladesh Securities and Exch...