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Matin Spinning recommends 15pc cash dividend

Matin Spinning recommends 15pc cash dividend

FE Online Report 2017-11-07 12:11:37

The board of directors of Matin Spinning Mills Limited has recommended 15 per cent cash dividend for the year ended on June 30, 2017, said an official disclosure on Tuesday. The final approval of div...

Atlas Bangladesh recommends 12pc div

Atlas Bangladesh recommends 12pc div

FE Online Report 2017-11-07 12:01:33

The board of directors of Atlas Bangladesh Limited has recommended 2.0 per cent cash and 10 per cent stock dividend for the year ended on June 30, 2017, said an official disclosure on Tuesday. The fi...

Asian shares rise; oil surges

Asian shares rise; oil surges

-- 2017-11-07 12:00:00

Asian shares surged Tuesday after Wall Street posted modest gains on deal reports and turmoil in Saudi Arabia sent crude prices soaring. Tokyo’s Nikkei 225 jumped 1.5 per cent to 22,900.83 and...

Stocks rally on buying binge

Stocks rally on buying binge

FE Online Report 2017-11-07 11:30:12

Stocks witnessed upward trend in early trading on Tuesday as investors are showing their buying binge on banking sector stocks. After crossing the 6,100-mark in the previous day, the Dhaka Stock Exch...

Shepherd Industries to revise IPO funds

Shepherd Industries to revise IPO funds

FE Online Report 2017-11-07 11:17:05

The board of directors of Shepherd Industries Limited, which raised Tk 200 million through initial public offering (IPO), has decided to revise the un-utilised funds of IPO proceeds. The board has pr...

NZ shares edge lower; a2 Milk slips

NZ shares edge lower; a2 Milk slips

-- 2017-11-07 11:01:49

New Zealand shares edged lower on Tuesday, on weak performance in consumer staples. The benchmark S&P/NZX 50 index fell 0.1 per cent, or 10.28 points, to 8,043.35, reports Reuters. Dairy company...

Australian shares hit near 10-year high

Australian shares hit near 10-year high

-- 2017-11-07 10:58:10

Australian shares scaled a near 10-year high on Monday, breaching the psychologically important 6,000 point mark, supported by strong commodities prices and tracking a rally in global equity markets....

Nikkei jumps to near 26-year high

Nikkei jumps to near 26-year high

-- 2017-11-07 10:49:19

Japan’s Nikkei index jumped to a near 26-year-high on Tuesday morning, as foreign investors piled in on expectations of strong earnings from Japan Inc, while Wall Street’s strength underpi...

US stocks hits record high

US stocks hits record high

-- 2017-11-07 10:39:04

US stocks climbed to record highs on Monday, helped by optimism about merger activity and as investors bet that a Republican plan to cut corporate taxes would bolster earnings. Qualcomm rose 1.15 per...

DSE turnover hits nearly one-month high

DSE turnover hits nearly one-month high

FE Online Report 2017-11-07 03:38:03

Stocks ended higher for the second day in a row Tuesday, with turnover hitting nearly one month high on the major bourse, as investors continued to show their buying appetite on banking sector issues....

South Korean stocks fall, won up

South Korean stocks fall, won up

-- 2017-11-06 12:58:02

South Korea’s stock fell on Monday, while the Korean won rose slightly. At 06:30 GMT, the KOSPI was down 8.56 points or 0.33 per cent at 2,549.41, reports Reuters. The won was quoted at 1,114...

Japanese shares touch 21-year high

Japanese shares touch 21-year high

-- 2017-11-06 12:49:54

Japan’s Nikkei share average touched a 21-year high on Monday as strong gains in the mining sector and shares such as clothing company Fast Retailing Co offset banking sector weakness. The Nikk...

Novozymes awards eight BD textile cos-

Novozymes awards eight BD textile cos-

-- 2017-11-06 12:49:33

The Danish company Novozymes, the world leader in biological solutions for wet processing, awarded textile manufacturers contributing to sustainable production in Bangladesh, said a statement. The wi...

China stocks calm

China stocks calm

-- 2017-11-06 12:44:14

China’s stock market, which is less sensitive to global capital flows, was calmer on Monday. The CSI300 index was unchanged at 3,991.14 points at the end of the morning session, while the Shan...

Hong Kong stocks fall sharply

Hong Kong stocks fall sharply

-- 2017-11-06 12:40:19

Hong Kong stocks fell sharply on Monday morning as negative news flows at the weekend - including a corruption crackdown in Saudi Arabia and a call for tougher regulation in China - prompted profit-ta...

NZ shares follow ASX lower

NZ shares follow ASX lower

-- 2017-11-06 12:26:58

New Zealand shares slipped slightly on Monday, while Australian shares edged lower as financial stocks offset gains in other sectors, after Westpac Banking Corp posted a weaker-than-expected net profi...

Australian shares dip slightly

Australian shares dip slightly

-- 2017-11-06 12:18:08

Australian shares were flat on Monday, as financial stocks offset gains in other sectors, after Westpac Banking Corp posted a weaker-than-expected net profit and flagged challenging conditions ahead....

Southeast Asian stocks edge up

Southeast Asian stocks edge up

-- 2017-11-06 12:00:00

Southeast Asian stock markets edged higher on Monday, in tandem with Wall Street which gained on Friday on healthy corporate earnings. Wall Street was boosted by Apple Inc's shares that hit a record...

Stocks rise, Oimex makes flying debut

Stocks rise, Oimex makes flying debut

FE Online Report 2017-11-06 11:49:15

Stocks witnessed positive trend in early trading on Monday as investors are active on newly listed stock. Oimex Electrode, which made its shares trading debut today, attracted the investors most and...

Oimex Electrode makes debut

Oimex Electrode makes debut

FE Online Report 2017-11-06 11:43:18

Trading of Oimex Electrode Limited made its debut on the two bourses of the country Monday. Trading code of the company is ‘OIMEX’ while the code for the company is 13243, according to DS...

Ambee Pharma recommends 30pc cash dividend

Ambee Pharma recommends 30pc cash dividend

FE Online Report 2017-11-06 11:24:28

The board of directors of Ambee Pharmaceuticals has recommended 30 per cent cash dividend for the year ended on June 30, 2017, said an official disclosure on Monday. The final approval of divide...

Tesla disappoints Wall Street investors

Tesla disappoints Wall Street investors

-- 2017-11-06 05:14:16

Tesla has disappointed Wall Street investors in the most recent quarter with a wider-than-expected loss. As a result, Tesla's stock is taking a pummeling. The reason behind the recent stress of Tesl...

Oimex helps bourses to rebound

Oimex helps bourses to rebound

FE Online Report 2017-11-06 03:49:36

Stocks rebounded on Monday, a day-after downturn, as some investors went on late hour’s buying spree on sector-wise stocks. Meanwhile, Oimex Electrode, which made its shares trading debut Monda...

Asian stocks fall amid Trump trip

Asian stocks fall amid Trump trip

-- 2017-11-06 01:28:59

Asian markets slipped on Monday as weaker-than-expected US jobs figures dented sentiment. Investors were also keeping an eye on President Donald Trump’s visit to Asia. Japan’s Nikkei 225...

Golden Harvest recommends 10pc dividend

Golden Harvest recommends 10pc dividend

FE Online Report 2017-11-05 12:00:00

The board of directors of Golden Harvest Agro Industries has recommended 10 per cent stock dividend for the year ended on June 30, 2017, said an official disclosure Sunday. The final approval of divi...

ICB recommends 35pc dividend

ICB recommends 35pc dividend

FE Online Report 2017-11-05 11:48:54

The board of directors of Investment Corporation of Bangladesh (ICB) has recommended 30 per cent cash and 5.0 per cent stock dividend for the year ended on June 30, 2017, said an official disclosure o...

NBL opens its 194th branch in Kazihata

NBL opens its 194th branch in Kazihata

-- 2017-11-05 10:30:45

National Bank Limited has opened a new branch at Kazihata, Rajshahi on Sunday. Managing Director (CC) Choudhury Moshtaq Ahmed inaugurated the bank’s 194th branch on behalf of the bank’s D...

MTB opens new ATM Booth at Madaripur

MTB opens new ATM Booth at Madaripur

-- 2017-11-05 10:26:34

Mutual Trust Bank Limited (MTB) has recently opened ATM Booth at Madaripur, said a press release on Sunday. Ministry of Shipping’s Minister Shahjahan Khan inaugurated the a 24/7 booth as the Ch...

BRAC Bank achieves Tk. 40b-mark in retail assets portfolio

BRAC Bank achieves Tk. 40b-mark in retail assets portfolio

FE Online Desk 2017-11-04 12:13:50

BRAC Bank Limited has celebrated yet another milestone as its Retail Assets Portfolio climbed to Tk 40 billion-mark, said a statement.   BRAC Bank is currently the largest retail bank in the co...

Apple pushes US stocks higher

Apple pushes US stocks higher

-- 2017-11-04 12:07:38

A surge in shares of heavyweight Apple helped push up major Wall Street indexes on Friday, as investors also assessed a mixed US labour market report. Shares of Apple, the world’s most valuable...