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The Financial Express

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Bata Shoe revenue dips

Bata Shoe revenue dips

FE REPORT 2020-07-29 10:03:01

Bata Shoe Company's revenue plunged drastically by 85 per cent year-on-year in April-June, 2020 quarter due to lower sales amid Covid-19 pandemic. The multinational company's revenue stood at only Tk...

Diversification of stock mkt: Alternative Trading Board to prop up confidence

Diversification of stock mkt: Alternative Trading Board to prop up confidence

FE DESK 2020-07-29 10:01:17

Stock market stakeholders have welcomed the establishment of an alternative trading board as an important addition to the securities market and urged to develop the market to accommodate different inv...

Berger Paints Bangladesh declares 295pc cash dividend

Berger Paints Bangladesh declares 295pc cash dividend

FE DESK REPORT 2020-07-29 09:59:09

Rupali Chowdhury presided over the 47th AGM of Berger Paints Bangladesh Limited on Tuesday. Chairman of the Board Gerald K ADams along with other directors Anil Bhalla, Jean-Claude Loutreuil, Anis A....

Alternative Trading Board to prop up confidence

Alternative Trading Board to prop up confidence

FE Online Desk 2020-07-28 18:20:44

Stock market stakeholders have welcomed the establishment of an alternative trading board as an important addition to the securities market and urged to develop the market to accommodate different inv...

Stocks stay afloat amid optimism

Stocks stay afloat amid optimism

FE ONLINE REPORT 2020-07-28 15:33:26

Stocks kept the gaining streak for the fourth straight sessions on Tuesday as the optimistic investors continued their buying interest on selective large-cap issues amid optimism. DSEX, the key index...

Bourses witness positive trend at opening

Bourses witness positive trend at opening

FE ONLINE REPORT 2020-07-28 11:28:24

Stocks witnessed an upward trend in early trading on Tuesday as optimistic investors continued buying shares on the expectation of improving economic activities. Within 30 minutes of trading, DSEX ad...

Reckitt Benckiser's profit jumps 53pc in Q2

Reckitt Benckiser's profit jumps 53pc in Q2

FE REPORT 2020-07-28 10:04:46

Reckitt Benckiser Bangladesh's profit after tax jumped more than 53 per cent in April-June, 2020 quarter due to strong revenue growth driven by increased demand of personal hygiene products during p...

IPDC's net profit after tax rises in the first half of the year

IPDC's net profit after tax rises in the first half of the year

FE DESK REPORT 2020-07-28 09:55:10

After setting aside adequate provisioning due to difficult times ahead, IPDC Finance registered a net profit after tax of Tk. 316 million in the first half of the year 2020, which is one per cent high...

Stocks keep gaining amid optimism

Stocks keep gaining amid optimism

FE ONLINE REPORT 2020-07-27 15:26:16

Stocks kept the gaining streak for the two consecutive sessions on Monday as the buoyant investors continued their appetite on large-cap issues amid optimism. DSEX, the key index of the Dhaka Stock...

Stocks witness positive trend at open

Stocks witness positive trend at open

FE ONLINE REPORT 2020-07-27 11:47:59

Stocks witnessed a positive trend in the early trading on Monday as optimistic investors continued buying shares in the hope of improvement in economic activities. Within 30 minutes of trading, DSEX,...

National Housing holds 218th board meeting

National Housing holds 218th board meeting

FE DESK REPORT 2020-07-27 10:01:39

The 218th Board of Directors Meeting of National Housing Finance and Investments Limited was held on Thursday through virtual platform, said a statement. The Board of Directors reviewed and approved...

BSEC chief puts thrust on high quality financial statements

BSEC chief puts thrust on high quality financial statements

FE DESK REPORT 2020-07-27 09:52:30

BSEC chairman Professor Shibli Rubayat-Ul-Islam said inclusion of professional cost and management accountants in relevant sectors would be better for the stock market development of Bangladesh. "Pro...

Call to remove barriers to listings

Call to remove barriers to listings

FE REPORT 2020-07-27 09:31:52

Market intermediaries said the obstacles that hinder the listing of good local and multinational companies (MNCs) should be removed to enhance the depth of the country's capital market. They laid imp...

DSEX exceeds 4,100-mark after five months

DSEX exceeds 4,100-mark after five months

FE ONLINE REPORT 2020-07-26 16:39:25

Stocks soared on Sunday with key index of the prime bourse hitting nearly five months high as the investors showed their appetite on the expectation of improving economic activities. DSEX, the key in...

Bourses begin week on positive note

Bourses begin week on positive note

FE ONLINE REPORT 2020-07-26 11:52:42

Stocks witnessed a positive trend in early trading on Sunday as optimistic investors continued to buy shares on the expectation of improved economic activities. Within 30 minutes of trading, DSEX adv...

Pragati Ins, National Housing Finance declare dividend

Pragati Ins, National Housing Finance declare dividend

FE ONLINE REPORT 2020-07-26 11:25:42

Two more listed companies- Pragati Insurance and National Housing Finance, and Investments have recommended dividends for the year ended on December 31, 2019, according to official disclosures on Sund...

Sonali Paper trading resumes today

Sonali Paper trading resumes today

FE Report 2020-07-26 10:28:43

The share trading of Sonali Paper & Board Mills will resume today (Sunday) as the securities regulator has approved the company's re-listing with the stock exchanges. The company's share trading...

BSEC cautious about Robi's IPO approval

BSEC cautious about Robi's IPO approval

Mohammad Mufazzal 2020-07-26 10:17:49

The securities regulator is likely to approve the IPO (initial public offering) proposal of the country's second largest mobile operator Robi Axiata streamlining its demands in line with the existing...

Asia shares stymied by Sino-US spat, euro stays buoyant

Asia shares stymied by Sino-US spat, euro stays buoyant

REUTERS 2020-07-24 11:29:11

Asian shares slipped from six-month peaks on Friday as Sino-US tensions soured what had been an upbeat week, while the euro held a 21-month top against an embattled dollar and gold neared a record hig...

Marico Bangladesh declares 300pc interim cash dividend

Marico Bangladesh declares 300pc interim cash dividend

FE REPORT 2020-07-24 10:37:00

Marico Bangladesh, a fast-moving consumer goods multinational company, has declared 300 per cent interim cash dividend for April-June, 2020 quarter. The board of directors of the company in a virtual...

Financial parameters of LafargeHolcim rise in H1

Financial parameters of LafargeHolcim rise in H1

 FE DESK REPORT 2020-07-24 10:32:49

LafargeHolcim Bangladesh posted a positive growth in earnings per share for H1, a 6.0 per cent up. The Company achieved profit after tax (PAT) of BDT 843 million, up from BDT 794 million of the same...

Stocks edge up after single-day break

Stocks edge up after single-day break

FE ONLINE REPORT 2020-07-23 16:21:33

Stocks posted a modest gain on Thursday, after a single-day break, as bargain hunters showed their appetite on major sectors’ issues at the lowest possible prices. DSEX, the key index of the Dh...

Stocks witness positive trend amid thin participation

Stocks witness positive trend amid thin participation

FE ONLINE REPORT 2020-07-23 11:26:37

Stocks witnessed positive trend in early trading on Thursday as some investors showed their buying appetite on sector-wise issues amid ongoing virus scare and the floor price system. Within 30 minute...

Pioneer Insurance recommends 20pc cash dividend

Pioneer Insurance recommends 20pc cash dividend

FE ONLINE REPORT 2020-07-23 10:40:48

The board of directors of Pioneer Insurance Company Limited has recommended a 20 per cent cash dividend for the year ended on December 31, 2019. The final approval of the dividend will come during...

Marico BD declares 300pc interim cash dividend

Marico BD declares 300pc interim cash dividend

FE Online Report 2020-07-23 10:01:51

The board of directors of Marico Bangladesh Ltd has declared first interim dividend of 300 per cent cash for the three months financials that ended on June 30, 2020. The board of directors of the com...

RAK Ceramic's sales dip 32.5pc in H1

RAK Ceramic's sales dip 32.5pc in H1

FE REPORT 2020-07-23 09:51:54

RAK Ceramic's total sales plunged 32.5 per cent in January-June, 2020 compared to the same period of the previous year due to lower sales amid ongoing pandemic. The board of directors of the compan...

25 banks get go-ahead for fund formation

25 banks get go-ahead for fund formation

MOHAMMAD MUFAZZAL 2020-07-23 09:39:31

A total of 25 banks have secured their boards' approval for investing Tk 2.0 billion each in the capital market. The banks have submitted their information about the formation of a special fund to th...

LafargeHolcim BD's  resilient results in H1 amid Covid-19 fallout

LafargeHolcim BD's resilient results in H1 amid Covid-19 fallout

FE Online Desk 2020-07-23 01:00:17

LafargeHolcim Bangladesh posted a positive growth in earnings per share for H1 which is up by 6%. The Company achieved profit after tax (PAT) of BDT 843 million, up from BDT 794 million of the same pe...

Stocks back in the red

Stocks back in the red

-- 2020-07-22 18:03:58

Stocks backed in the red on Wednesday, snapping a two-day gaining streak, as risk-averse investors went for short-term profit booking on sector specific shares ahead of Eid festival. The retail inves...

Stocks back to the red amid low turnover

Stocks back to the red amid low turnover

FE ONLINE REPORT 2020-07-22 16:17:24

Stocks returned to the red on Wednesday, snapping a two-day gaining streak, as risk-averse investors went on selling binge on sector-wise issues. DSEX, the key index of the Dhaka Stock Exchange, went...