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The Financial Express

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Stocks make solid start to 2022

Stocks make solid start to 2022

BABUL BARMAN 2022-01-08 10:28:17

Stocks witnessed a sharp rise in the first week of 2022 with soaring turnover as buoyant investors continued pouring fresh bets on major sector issues, shrugging off Omicron worries. Week on week,...

Delta Life administrator declared illegal, board reinstated

Delta Life administrator declared illegal, board reinstated

FE REPORT 2022-01-08 09:08:06

The High Court has declared illegal the insurance regulator's appointment of administrator in Bangladesh's biggest private life insurer, Delta, and also ordered its previous board to be reinstated. T...

Associations join hands to work for stock market development

Associations join hands to work for stock market development

FE REPORT 2022-01-07 11:55:56

The leaders of Bangladesh Merchant Bankers Association (BMBA) and DSE Brokers Association of Bangladesh (DBA) have assured to work together for further development of the country's capital market....

Shanta Amanah Shariah Fund declares 10.0 pc dividend

Shanta Amanah Shariah Fund declares 10.0 pc dividend

FE REPORT 2022-01-07 11:37:17

Shanta Amanah Shariah Fund (SASF) declared cash dividend of 10.0 per cent (BDT 1.0 per unit) for the year that ended on 31 December 2021 for its investors. Earnings Per Unit (EPU) of the fund stood...

Trading of three bonds begins on CSE

Trading of three bonds begins on CSE

-- 2022-01-06 21:30:24

Trading of three bonds began on Chittagong Stock Exchange (CSE) on Thursday. The bonds are AIBL Mudaraba Perpetual Bond, SJIBL Mudaraba Perpetual Bond and IBBL Second Perpetual Mudaraba Bond issued...

Stocks keep rising for sixth straight day

Stocks keep rising for sixth straight day

FE ONLINE REPORT 2022-01-06 15:54:22

Stocks extended their rally for the sixth straight session on Thursday with rising turnover as buoyant investors put fresh bets on major sector issues, beating Omicron worries. DSEX, the prime index...

Stocks open sharply higher beating Omicron worries

Stocks open sharply higher beating Omicron worries

FE ONLINE REPORT 2022-01-06 11:22:39

Stocks opened sharply higher on Thursday, as buoyant investors put fresh bets on major sector issues, beating Omicron worries. Following five days’ gain, DSEX, the prime index of the Dhaka Stoc...

BSEC accords consent to exit plan of Beximco Synthetics

BSEC accords consent to exit plan of Beximco Synthetics

FE REPORT 2022-01-06 09:53:28

The Bangladesh Securities and Exchange Commission (BSEC) has accorded its consent to the proposed exit plan of Beximco Synthetics purchasing the ordinary shares of the company, a disclosure said. Acc...

Bangladesh Finance to open Shariah-based wing

Bangladesh Finance to open Shariah-based wing

FE REPORT 2022-01-06 09:50:24

The central bank has allowed the listed company Bangladesh Finance to open Islami shariah-based wing in six branches including the principal one. Bangladesh Finance has received approval from the c...

DBA leaders urge for effective initiative to bring MNCs to stock market

DBA leaders urge for effective initiative to bring MNCs to stock market

FE ONLINE REPORT 2022-01-05 22:34:07

The leaders of the DSE Brokers Association of Bangladesh (DBA) have suggested listing quality companies to boost the capital market, saying there is a crisis of good companies in the stock market. Th...

Stocks extend rally for fifth straight session, DSEX surpasses 6900-mark

Stocks extend rally for fifth straight session, DSEX surpasses 6900-mark

FE ONLINE REPORT 2022-01-05 16:10:03

Stocks extended their rally for the fifth straight session on Wednesday with the key index of the prime bourse crossing the 6900-mark amid increased investors’ participation. DSEX, the prime in...

Top 20 brokers and dealers of CSE

Top 20 brokers and dealers of CSE

FE REPORT 2022-01-05 12:02:48

Chittagong Stock Exchange (CSE) has announced the names of top 20 brokers and dealers for the outgoing year 2021. The CSE officials said the top brokers have been selected taking into account their t...

Two insurers' shares keep rising sans PSI

Two insurers' shares keep rising sans PSI

FE REPORT 2022-01-05 10:27:00

Two general insurers -- Prime Insurance Company and Asia Insurance--are witnessing an unprecedented price hike and increase in volume of shares despite no undisclosed price sensitive information (PSI)...

Stocks end flat after bumpy ride

Stocks end flat after bumpy ride

FE ONLINE REPORT 2022-01-04 16:01:28

Stocks ended almost flat on Tuesday after choppy trading as investors were active on both sides of the trading fence amid growing tension over Omicron. The market moved between positive and negative...

Apple becomes first company to hit $3 trillion stock market value, then slips

Apple becomes first company to hit $3 trillion stock market value, then slips

-- 2022-01-04 12:02:07

Apple Inc on Monday became the first company to hit a $3 trillion stock market value, before ending the day a hair below that milestone, as investors bet the iPhone maker will keep launching best-sell...

Stocks slide at opening after three-day gain

Stocks slide at opening after three-day gain

FE ONLINE REPORT 2022-01-04 11:33:55

Stocks opened marginally lower on Tuesday as the cautious investors were opting profit on quick-gaining issues amid tension over the new coronavirus variant Omicron. Following three days’ gain,...

Tax receipts from DSE jump 65pc in July-Dec

Tax receipts from DSE jump 65pc in July-Dec

BABUL BARMAN 2022-01-04 10:36:23

The government revenue earnings from the Dhaka bourse surged by 65 per cent in July-December 2021 compared to the same period a year earlier backed by rising trading volume. Market analysts said back...

Stocks extend rally amid optimism, turnover hits one-month high

Stocks extend rally amid optimism, turnover hits one-month high

FE ONLINE REPORT 2022-01-03 16:43:10

Stocks extended their rally on Monday with turnover hitting one month high on the major bourse as investors continued to put fresh funds on stocks riding on the high hope. The market started on a fly...

DSE key index crosses 6900-mark at opening

DSE key index crosses 6900-mark at opening

FE ONLINE REPORT 2022-01-03 11:45:39

Stocks opened sharply higher on Monday as the investors were putting fresh funds on large-cap issues amid high expectations. Following the flying start of the year on the previous day, DSEX, the prim...

KDS Accessories' price jumps on investment news

KDS Accessories' price jumps on investment news

FE REPORT 2022-01-03 10:48:32

KDS Accessories, a garment accessories manufacturer, has decided to invest a total Tk 43.94 million to add new machinery and replacement of machine parts to boost production capacity. Following the n...

Crisis-hit Evergrande suspends shares in Hong Kong

Crisis-hit Evergrande suspends shares in Hong Kong

-- 2022-01-03 10:36:48

Crisis-hit Chinese real estate giant Evergrande has suspended trade in its shares on the Hong Kong as investors await news on its restructuring plan. The statement to the stock exchange did n...

CSE Shariah Index  revised

CSE Shariah Index revised

-- 2022-01-02 20:43:11

The CSE Shariah Index has been revised on the basis of performance of the CSE listed companies. The new index will be effective from January 13, 2022. CSE Shariah index is reviewed twice in a year.&n...

Stocks start New Year with sharp rise

Stocks start New Year with sharp rise

FE ONLINE REPORT 2022-01-02 16:15:49

Stocks started the New Year 2022 with a steep rise on Sunday as investors showed their buying interest on sector-wise large-cap issues riding on the high hope. After passing a good year in 2021, the...

Stocks open New Year on optimistic note

Stocks open New Year on optimistic note

FE ONLINE REPORT 2022-01-02 11:34:08

Stocks opened sharply higher on Sunday, the first trading day of 2022, as the optimistic investors were showing their buying interest on sector-wise large-cap issues. After passing a good year in 202...

Transactions through DSE-Mobile app up over 50pc

Transactions through DSE-Mobile app up over 50pc

FE REPORT 2022-01-02 09:53:17

Transactions of the listed securities through DSE-Mobile app have continued to rise as the number of active users of this digital application rose 50.51 per cent in last two years. The number of acti...

Tax relief sought for all investors in all types of bonds

Tax relief sought for all investors in all types of bonds

MOHAMMAD MUFAZZAL 2022-01-02 08:36:47

The securities regulator has recommended making tax-exemption facility available for all investors in all types of bonds to help encourage mobilisation of funds from the capital market for the sake of...

Miscellaneous sector posts 116pc gain in 2021

Miscellaneous sector posts 116pc gain in 2021

FE REPORT 2022-01-01 15:27:03

Miscellaneous sector was the best performer on the Dhaka Stock Exchange (DSE) in 2021, showing 116 per cent return while the jute sector was the worst loser, shedding 28 per cent. The sector, which c...

Bangladesh stocks bounce back in final week of 2021

Bangladesh stocks bounce back in final week of 2021

BABUL BARMAN 2022-01-01 14:34:40

Stocks bounced back in the final week of 2021, offering a ray of hope for the market into the New Year, with investors showing their buying interest in sector-specific issues. The week featured five...

Golden Harvest to extend time for use of rights proceeds

Golden Harvest to extend time for use of rights proceeds

FE REPORT 2021-12-31 10:03:40

Golden Harvest Agro Industries, which is engaged in the frozen food and ice cream business, has decided to extend time for utilisation of unused rights share issue fund until January 21, 2023. "Sha...

Bangladesh's capital market sees off eventful year

Bangladesh's capital market sees off eventful year

MOHAMMAD MUFAZZAL 2021-12-31 08:51:31

The country's capital market passed yet another eventful year with a 25 per cent return in the core index of the main bourse despite tussles between the two regulatory bodies concerned over some pol...