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Rupali Bank to issue Tk 5.0b bond

Rupali Bank to issue Tk 5.0b bond

FE Online Report 2017-10-19 12:00:00

The board of directors of Rupali Bank Limited has approved the issuance of 7 years subordinated bond of Tk 5.0 billion under Private Placement, said an official disclosure on Thursday. The bank is go...

Thirty years ago this week, Wall Street slid into the abyss

Thirty years ago this week, Wall Street slid into the abyss

Reuters 2017-10-19 12:00:00

Thirty years ago, before heading to work at the New York Stock Exchange, Peter Kenny left his home in lower Manhattan and made a detour to the nearby Our Lady of Victory church to pray to St. Jude, th...

Stocks edge up after a bumpy ride

Stocks edge up after a bumpy ride

FE Online Report 2017-10-19 12:00:00

Stocks returned to the green zone on Thursday, a day-after losing spell, as some optimistic investors took position on sector-specific issues amid earnings and dividend declarations. Dealers observed...

Stocks higher in early trading

Stocks higher in early trading

FE Online Report 2017-10-19 11:56:56

The prices of most of the shares on both bourses witnessed upward trend in early trading on Thursday as investors are showing their buying appetite on sector-wise issues amid ongoing earnings and divi...

IFAD Autos recommends 26pc dividend

IFAD Autos recommends 26pc dividend

FE Online Report 2017-10-19 11:30:42

The board of directors of IFAD Autos Limited has recommended 21 per cent cash dividend (other than sponsors/directors) and 5.0 per cent stock dividend for all shareholders for the year ended on June 3...

Asian markets mixed after China data

Asian markets mixed after China data

-- 2017-10-19 10:31:36

Asian shares were mixed on Thursday after Wall Street closed at record highs. Data showed that China’s quarterly growth slowed slightly but was in line with expectations. Japan’s Nikkei 2...

DSE arranges training on IPO processes

DSE arranges training on IPO processes

FE Online Report 2017-10-19 01:56:55

The Dhaka Stock Exchange (DSE) is going to organise a two-day training programme on “Initial Public Offerings: Processes & Procedures” with a fee of Tk 2,000. According DSE website in...

Asia shares camp near peaks, markets ponder Xi's speech

Asia shares camp near peaks, markets ponder Xi's speech

Reuters 2017-10-18 12:00:00

Asian shares consolidated recent gains and currencies kept to tight ranges on Wednesday as investors waited to see what policies might emerge from China’s Communist Party conference. The twice-...

Stocks open mixed

Stocks open mixed

FE Online Report 2017-10-18 12:00:00

Stocks on both bourses witnessed mixed trend in early trading on Wednesday as investors are active on both sides of trading fence. Following the previous two days’ marginal gain, Dhaka Stock Ex...

Stocks slip into red breaking two-day gaining streak

Stocks slip into red breaking two-day gaining streak

FE Online Report 2017-10-18 12:00:00

Stocks slipped into the red Wednesday, breaking a two-day positive session, as many investors sold shares to profit as some observed the market carefully. Brokers said small investors were cauti...

City Bank, DOZE Internet ink deal

City Bank, DOZE Internet ink deal

-- 2017-10-18 12:00:00

The City Bank Limited has signed an agreement with DOZE Internet, said a press release. Under the agreement, City Bank customers will be able to pay DOZE Internet bills from their accounts through th...

Quasem Drycells recommends 18pc div

Quasem Drycells recommends 18pc div

FE Online Report 2017-10-18 01:12:28

The board of directors of Quasem Drycells Limited (QDL) has recommended 18 per cent stock dividend for the year ended on June 30, 2017, said an official disclosure on Wednesday. The board has also ta...

India may stick to deficit target, step  up bank reform: Modi adviser

India may stick to deficit target, step up bank reform: Modi adviser

-- 2017-10-18 01:03:21

NEW DELHI, Oct 17 (Reuters): India is likely to stick to its fiscal deficit target of 3.2 per cent of GDP, and may accelerate sales of government stakes in lenders and other companies as part of an ef...

Aamra Technologies recommends 10pc dividend

Aamra Technologies recommends 10pc dividend

FE Online Report 2017-10-17 12:33:44

The board of director of newly listed Aamra Technologies Limited has recommended 10 per cent cash dividend for the year ended on June 30, 2017.  The final approval of dividend will come during t...

Aamra Networks recommends 10pc div

Aamra Networks recommends 10pc div

FE Online Report 2017-10-17 12:31:32

The board of director of newly listed Aamra Networks Limited has recommended 10 per cent cash dividend for the year ended on June 30, 2017, according to official disclosure on Tuesday. The final appr...

Square Textile recommends 25pc div

Square Textile recommends 25pc div

FE Online Report 2017-10-17 12:10:15

The board of directors of Square Textile Limited has recommended 20 per cent cash and 5.0 per cent stock dividend for the year ended on June 30, 2017, said an official disclosure on Tuesday. The bo...

Stocks rally at opening

Stocks rally at opening

FE Online Report 2017-10-17 12:00:00

The prices of most of the shares on both bourses witnessed positive trend in early trading on Tuesday as investors are active on sector-wise issues. Following the previous day’s marginal gain,...

Square Pharma recommends 42.50pc div

Square Pharma recommends 42.50pc div

FE Online Report 2017-10-17 12:00:00

The board of directors of Square Pharmaceuticals has recommended 35 per cent cash and 7.50 per cent stock dividend for the year ended on June 30, 2017, said an official disclosure on Tuesday. The boa...

UCB unveils card-less digital pay platform ‘Upay’

UCB unveils card-less digital pay platform ‘Upay’

-- 2017-10-17 09:24:29

United Commercial Bank (UCB) Limited has launched its state-of-the-art digital banking platform ‘Upay’ for both consumers and corporate customers. According to a statement, the launching...

SIBL Hospital sign MoU with Pubali Bank

SIBL Hospital sign MoU with Pubali Bank

-- 2017-10-17 09:22:07

SIBL Hospital on Tuesday signed a Memorandum of Understanding (MoU) with Pubali Bank Limited. SIBL Hospital’s Managing Director Dr. Lily Amin and Pubali Bank Limited’s General Manager and...

Asian shares rise ahead of China meeting

Asian shares rise ahead of China meeting

-- 2017-10-17 02:01:24

Asian stocks rose Tuesday after Wall Street’s major indexes hit new highs as China prepared to open a key political meeting. The Shanghai Composite Index was unchanged at 3,380.38 and Tokyo&rsq...

Stocks witness volatility at opening

Stocks witness volatility at opening

FE Online Report 2017-10-16 12:11:12

Stocks on both bourses witnessed volatility in early trading on Monday as investors are active both sides of trading fence. Following the previous three days’ sharp decline, the Dhaka Stock Exc...

Municipal bond to hit capital market

Municipal bond to hit capital market

Jasim Uddin Haroon 2017-10-16 12:00:00

A new securities instrument styled 'muni bond' may hit the country's capital market with a twin objective: fundraising for urban local-government bodies and stimulating economic activity. Sources sa...

Asian shares conquer 10-year peak, oil up on Iraq tensions

Asian shares conquer 10-year peak, oil up on Iraq tensions

Reuters 2017-10-16 11:05:22

Asian shares advanced to a decade high on Monday, while US oil futures jumped to hover near a six-month top as escalating tensions between the Iraqi government and Kurdish forces threatened supply. I...

DSE turnover hits three-month low

DSE turnover hits three-month low

FE Online Report 2017-10-16 04:04:47

Turnover at the Dhaka Stock Exchange (DSE) came down to Tk 5.03 billion on Monday, lowest in the last three months, as investors reluctant to make fresh investment in the market. Turnover, the most i...

Stocks fail to stay positive at midday

Stocks fail to stay positive at midday

FE Online Report 2017-10-15 12:00:00

Despite opening higher, stocks on both bourses failed to stay positive at midday on Sunday as risk-averse investors started to sell their holdings to avoid further losses. Following the previous week...

S Korea's Sept Iranian crude oil  imports rise to six-month high

S Korea's Sept Iranian crude oil imports rise to six-month high

-- 2017-10-15 11:33:42

SEOUL, Oct 15 (Reuters): South Korea's imports of Iranian crude oil hit the highest level in six months in September amid Iran's push to regain its lost market share during years it was under sanction...

Stocks witness correction phase

Stocks witness correction phase

Babul Barman 2017-10-14 11:34:02

Stocks suffered a major correction last week that ended Thursday as investors sold bank shares in a reaction to the Bangladesh Bank's latest punitive action against seven banks. The central bank prob...

US stocks end up after economic data

US stocks end up after economic data

-- 2017-10-14 11:19:44

US stocks rose on Friday following upbeat economic data and gains in technology shares, pushing the Dow and the S&P 500 to a fifth straight week of gains. Data showed US retail sales jumped in Se...

Asia shares touch 10-year peak

Asia shares touch 10-year peak

Reuters 2017-10-13 12:00:00

Asian stocks edged to a 10-year high on Friday thanks to expectations of brisk global growth, although investors held off chasing shares higher ahead of US economic data and next week’s Chinese...