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The Financial Express

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Stocks open lower amid sluggish turnover

Stocks open lower amid sluggish turnover

FE ONLINE REPORT 2022-03-21 11:28:38

Stocks opened on a downward trend on Monday as the cautious investors were seen selling shares amid ongoing year-end earnings and dividends declarations. Following the previous week’s modest ri...

BD Thai Food to revise IPO fund utilisation plan

BD Thai Food to revise IPO fund utilisation plan

FE REPORT 2022-03-21 10:03:00

The board of directors of newly listed BD Thai Food & Beverage has decided to revise its initial public offering (IPO) proceeds utilization plan. In this regard, the board of directors of the com...

Each general investor gets minimum 51 JMI Hospital IPO shares

Each general investor gets minimum 51 JMI Hospital IPO shares

FE REPORT 2022-03-21 09:56:40

Each general investor will get at least 51 initial public offering (IPO) shares of JMI Hospital Requisite Manufacturing while non-resident Bangladeshi received 58 shares against application of Tk 10,0...

PayWell to launch payments security services

PayWell to launch payments security services

FE REPORT 2022-03-21 09:46:03

Armed with requisite certification, CloudWell Limited, also known as PayWell, prepares for adopting and applying mandatory controls to ensure data security of customers in unfettered payments services...

DSEX dips below 6700-mark on selling binge

DSEX dips below 6700-mark on selling binge

FE ONLINE REPORT 2022-03-20 16:19:38

Stocks plummeted on Sunday with turnover hitting a 10-month low, as investors were mostly reluctant to make fresh investments amid fear of global economic turmoil due to the Russia-Ukraine war. The m...

Stocks slide at opening with low turnover

Stocks slide at opening with low turnover

FE ONLINE REPORT 2022-03-20 11:22:52

Stocks witnessed a sharp decline on Sunday, the opening day of the week, as investors are selling shares amid ongoing year-end earnings and dividends declarations. Following the previous week’s...

Rakibur Rahman, former DSE president, dies at 72

Rakibur Rahman, former DSE president, dies at 72

-- 2022-03-18 19:23:23

Rakibur Rahman, who served the Dhaka Stock Exchange as its president for three terms, has died at the age of 72. Rakibur, who was suffering from cancer for a long time, travelled to Bangkok for treat...

Goldman claims China high-yield developers' default rate understates stresses

Goldman claims China high-yield developers' default rate understates stresses

-- 2022-03-18 14:27:07

Chinese high-yield property issuers have by one measure defaulted on nearly a quarter of their outstanding bonds this year, Goldman Sachs analysts estimated, highlighting liquidity stress as Beijing l...

Some Russia creditors have reportedly received dollar bond payment

Some Russia creditors have reportedly received dollar bond payment

-- 2022-03-18 13:16:45

Some creditors have received payment, in dollars, of Russian bond coupons which fell due this week, two market sources said on Thursday, meaning that Russia for now may have averted what would have be...

Stockmarkets step back, oil bounces

Stockmarkets step back, oil bounces

FE ONLINE DESK 2022-03-18 11:15:41

Stockmarkets took a breather on Friday after several days of sizeable gains, while commodities were set on edge by the lack of progress in Russia-Ukraine peace negotiations. Oil rose sharply and back...

Dhaka banking on new financier New Development Bank

Dhaka banking on new financier New Development Bank

FHM HUMAYAN KABIR 2022-03-18 08:40:44

Bangladesh looks to another development financier from the East -- New Development Bank (NDB) -- as the government is now scrutinising some priority projects for its fund support, officials say. "W...

Most listed MNCs see EPS surge in 2021

Most listed MNCs see EPS surge in 2021

BABUL BARMAN 2022-03-18 08:29:36

Earnings of most of the multinational companies (MNCs) listed with the country's stock market increased in 2021 compared to the previous year thanks to lower operating cost and reduction of corporate...

Krishibid Seed's share subscription begins Sunday

Krishibid Seed's share subscription begins Sunday

FE REPORT 2022-03-18 08:28:21

The subscription for shares of Krishibid Seed Ltd, a concern of Krishibid Group, through qualified investor offer (QIO), will begin Sunday, aiming to raise Tk 116 million. The seed producer's subscri...

Stocks end flat for third session

Stocks end flat for third session

FE ONLINE REPORT 2022-03-16 15:53:41

Stocks witnessed another flat session on Wednesday as investors mostly followed cautious stance amid the ongoing year-end dividend declarations. The market opened on a positive note and the core inde...

Stocks post modest gains at opening

Stocks post modest gains at opening

FE ONLINE REPORT 2022-03-16 11:37:41

Stocks posted marginal gains at the opening on Wednesday as some investors were seen putting fresh bets on shares riding on corporate declarations of some companies. Following the previous two days&r...

Bangladesh Bank asks banks to deposit 'unclaimed' dividends

Bangladesh Bank asks banks to deposit 'unclaimed' dividends

MOHAMMAD MUFAZZAL 2022-03-16 11:16:26

Bangladesh Bank (BB) has asked the listed banks to deposit 'unclaimed' dividends into the central bank's account in line with a provision of the Bank Companies Act, 1991. As a result, the listed bank...

Asian shares, oil prices up ahead of Fed

Asian shares, oil prices up ahead of Fed

-- 2022-03-16 11:00:48

Asian share markets rose on Wednesday, with investors' eyes on volatile oil prices, Ukraine-Russia peace talks and the US Federal Reserve, which is expected to raise rates for the first time in three...

BSEC chief sets March 31 deadline for deposits of unclaimed dividends

BSEC chief sets March 31 deadline for deposits of unclaimed dividends

FE REPORT 2022-03-16 08:57:25

The securities regulator will take stern action against the issuers who will fail to deposit investors' unclaimed or undistributed dividends into the capital market stabilisation fund (CMSF) by March...

Stocks edge up after bumpy ride

Stocks edge up after bumpy ride

FE ONLINE REPORT 2022-03-15 16:19:39

Stocks witnessed another flat session on Tuesday as investors were active on both sides of the trading fence. After day-long volatility, DSEX, the key index of the Dhaka Stock Exchange (DSE), went up...

HC questions BB circular for not giving reasonable time to adjust capital market investment of NBFIs

HC questions BB circular for not giving reasonable time to adjust capital market investment of NBFIs

FE ONLINE REPORT 2022-03-15 16:10:12

The High Court has questioned a Bangladesh Bank (BB) circular that asked the Non Bank Financial Institutions (NBFIs) to adjust their capital market investment without providing any reasonable period o...

Bangladesh tops South Asia region in women's presence in listed companies' boards

Bangladesh tops South Asia region in women's presence in listed companies' boards

FE REPORT 2022-03-15 10:31:27

Bangladesh still tops the South Asia region, in terms of the number of women on the boards of listed companies, according to a new research by International Finance Corporation (IFC) and Dhaka Stock E...

Mir Akhter to raise Tk 2.49b

Mir Akhter to raise Tk 2.49b

FE REPORT 2022-03-15 09:49:10

Mir Akhter Hossain, a listed company, will raise a capital worth above Tk 2.49 billion through zero coupon bond. The Bangladesh Securities and Exchange Commission (BSEC) on Monday approved the comp...

Stocks end slightly lower, snap four-day rally

Stocks end slightly lower, snap four-day rally

FE ONLINE REPORT 2022-03-14 16:25:58

Stocks ended slightly lower on Monday, snapping a four-day rally, amid profit booking tendency among investors. After witnessing high volatility, DSEX, the core index of the Dhaka Stock Exchange (DSE...

Markets witness volatility in early trading

Markets witness volatility in early trading

FE ONLINE REPORT 2022-03-14 11:43:16

Stocks witnessed volatile trading in the early hours of trading on Monday amid profit booking tendency among investors after a four-day sharp rally. Following the previous four days’ gain, DSEX...

Musk says Tesla, SpaceX facing significant inflation risks

Musk says Tesla, SpaceX facing significant inflation risks

-- 2022-03-14 11:20:10

Tesla Chief Executive Officer Elon Musk said on Sunday the US electric carmaker and his rocket company SpaceX are facing significant inflationary pressure in raw materials and logistics, reports...

Stocks extend gaining streak for fourth day

Stocks extend gaining streak for fourth day

FE ONLINE REPORT 2022-03-13 16:21:58

Stocks extended the winning streak for the fourth straight session on Sunday as the buoyant investors continued to put fresh bets on lucrative issues amid optimism. The market opened higher and the u...

DSEX crosses 6700-mark at opening

DSEX crosses 6700-mark at opening

FE ONLINE REPORT 2022-03-13 11:22:38

The prime index of the Dhaka Stock Exchange crossed the 6,700 points mark in early trading once again on Sunday as the buoyant investors are putting fresh bets on lucrative issues riding on regulator...

IT sector issues rise in a falling market

IT sector issues rise in a falling market

FE REPORT 2022-03-13 10:18:32

Listed companies of IT sector saw the highest price appreciation in last week amid price correction by many major sectors. The companies said there was no undisclosed price sensitive information behi...

Top turnover leaders on DSE see price erosion

Top turnover leaders on DSE see price erosion

FE REPORT 2022-03-13 09:33:37

Majority number of top turnover leaders lost prices in last week on Dhaka Stock Exchange (DSE) amid mixed performance by major sectors. During the week, top 10 turnover leaders posted an aggregate am...

Subscription to Star Adhesive shares begins March 27

Subscription to Star Adhesive shares begins March 27

FE REPORT 2022-03-12 08:32:09

The subscription to shares of Star Adhesive Ltd, a concern of Star Partex Group, through qualified investor offer (QIO) will begin on March 27, as the company aims to raise Tk 50 million under the fix...