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The Financial Express

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64 cos get Dec 31, 2022 deadline for raising paid-up capital

64 cos get Dec 31, 2022 deadline for raising paid-up capital

MOHAMMAD MUFAZZAL 2021-12-12 09:23:23

The securities regulator has asked 64 listed companies, including multinational ones, to raise their paid-up capital to Tk 300 million by December 31, 2022. The Bangladesh Securities and Exchange Com...

Stocks rally as investors shrug off worries

Stocks rally as investors shrug off worries

BABUL BARMAN 2021-12-11 09:58:35

Stocks extended a latest rally for the second consecutive week with investors putting fresh bets on selective issues even as Tuesday's meeting between regulators on the issue of banks' investment in s...

Elon Musk sells Tesla shares worth $963.2 million

Elon Musk sells Tesla shares worth $963.2 million

-- 2021-12-10 20:29:53

Tesla Inc Chief Executive Officer Elon Musk has sold another 934,091 shares of the electric vehicle maker worth $963.2 million, US securities filings showed on Thursday. He also exercised stock optio...

Robi Axiata to revise IPO fund utilisation plan

Robi Axiata to revise IPO fund utilisation plan

FE REPORT 2021-12-10 11:47:00

Robi Axiata, the country's second largest telecom operator, will revise its initial public offering (IPO) proceeds utilisation plan and extension of project completion time frame. In this regard, the...

Block trade accounts for 16pc of total turnover

Block trade accounts for 16pc of total turnover

FE REPORT 2021-12-10 10:39:22

Stocks rebounded on the gaining streak on Thursday, after a single-day break, as bargain hunters put fresh bets on sector-specific large-cap issues. The market started with an upbeat trend and the ke...

Stocks rebound after single-day break

Stocks rebound after single-day break

FE ONLINE REPORT 2021-12-09 17:11:26

Stocks rebounded on the gaining streak on Thursday, after a single-day break, as the bargain hunters put fresh bets on major sector shares. The market opened on an upbeat trend and the key index ro...

Stocks open higher as bargain hunters go on buying large-cap shares

Stocks open higher as bargain hunters go on buying large-cap shares

FE ONLINE REPORT 2021-12-09 11:58:11

Stocks opened higher on Thursday as the bargain hunters went on buying large-cap shares after the previous day’s sharp decline. DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up...

Stocks tumble after five-day rise

Stocks tumble after five-day rise

FE ONLINE REPORT 2021-12-08 15:58:21

Stocks tumbled on Wednesday, snapping a five-day gaining streak as cautious investors opted for booking profit on quick-gaining issues. The DSEX, the prime index of the Dhaka Stock Exchange, slid 96....

Chinese social media giant Weibo's shares fall in Hong Kong stock market debut

Chinese social media giant Weibo's shares fall in Hong Kong stock market debut

-- 2021-12-08 12:39:13

Social media giant Weibo has made its Hong Kong stock market debut as Chinese technology firms come under intense pressure at home and abroad. Weibo's shares fell by more than 6 per cent...

Stocks slide at opening after coordination meeting

Stocks slide at opening after coordination meeting

FE ONLINE REPORT 2021-12-08 11:42:10

Stocks opened marginally lower on Wednesday as the cautious investors opted for booking some profit on quick-gaining shares after the coordination meeting. Following the previous five days’ 345...

Rupali Bank may offload 20pc more shares

Rupali Bank may offload 20pc more shares

FE REPORT 2021-12-08 09:08:41

The largely state-owned Rupali Bank may offload more 20 per cent of its shares and the Bangladesh Development Bank Limited (BDBL), a public sector development financing institution (DFI) get listed...

27 companies get one month to raise directors’ stake

27 companies get one month to raise directors’ stake

FE REPORT 2021-12-08 08:49:24

The securities regulator has asked 27 listed companies to comply with the mandatory provision of holding a minimum of 30-per cent shares jointly by their sponsor-directors within a month. The Bangl...

Stocks soar at opening on hopes of resolving issues

Stocks soar at opening on hopes of resolving issues

FE ONLINE REPORT 2021-12-07 11:41:59

Stocks opened on a flying note on Tuesday as investors were putting fresh bets on major sector issues amid high expectations from the coordination meeting. The finance ministry has arranged a meeting...

Tax receipts from DSE fall further in November

Tax receipts from DSE fall further in November

BABUL BARMAN 2021-12-07 09:07:18

The government's revenue collection from Dhaka Stock Exchange (DSE) fell further by 16 per cent in November compared to a month earlier as trading volume on the decline. The government bagged reven...

Doreen Power holds 14th AGM, approves 25pc dividend

Doreen Power holds 14th AGM, approves 25pc dividend

FE ONLINE DESK 2021-12-06 13:26:56

The 14th Annual General Meeting (AGM) of Doreen Power Generations and Systems Limited was held on Sunday through a digital platform. At the AGM, the shareholders of the company approved 25pc dividend...

Stocks slide at opening after three-day gains

Stocks slide at opening after three-day gains

FE ONLINE REPORT 2021-12-06 11:38:50

Stocks opened marginally lower in the early hours of trading on Monday as cautious investors were in short-term profit tendency after three days' rise. Following the previous three days’ rising...

InterContinental Dhaka incurs losses for three years

InterContinental Dhaka incurs losses for three years

MOHAMMAD MUFAZZAL 2021-12-06 10:12:47

The net loss of Bangladesh Services is ballooning. The company which provides hospitality services and pioneered the establishment of country's first luxury hotel InterContinental Dhaka incurred loss...

Tk 100b Sukuk bonds forthcoming

Tk 100b Sukuk bonds forthcoming

SIDDIQUE ISLAM 2021-12-06 08:36:09

The government is going to issue shortly a couple of Shariah-compliant bonds, generally known as Sukuk, worth some Tk 50 billion each to finance public-sector development projects. Officials say th...

Stocks keep gaining for third straight session

Stocks keep gaining for third straight session

FE ONLINE REPORT 2021-12-05 16:35:53

Stocks extended the rally for the three consecutive sessions on Sunday as optimistic investors continued to put fresh bets on lucrative shares amid positive expectations. DSEX, the prime index of the...

Stocks open week on high note

Stocks open week on high note

FE ONLINE REPORT 2021-12-05 11:15:36

Stocks witnessed an upward trend in early hours of trading on Sunday as investors are putting fresh bets on major sector stocks amid high expectations. The Finance Ministry’s move to arrange a...

Brokerage firms' own OMS to expand stock market

Brokerage firms' own OMS to expand stock market

FE REPORT 2021-12-05 10:42:23

The country's stock market will be expanded through introduction of brokerage firms' own OMS (order management system) and trading of bonds. The chairman of Bangladesh Securities and Exchange Commi...

Stocks rebound as market sentiment improves

Stocks rebound as market sentiment improves

BABUL BARMAN 2021-12-04 10:39:18

Stocks bounced back in the outgoing week, snapping the previous week's big fall, as buoyant investors renewed their appetite for lucrative shares amid positive expectations as the finance ministry has...

Banking sector accounts for 29pc transactions on DSE

Banking sector accounts for 29pc transactions on DSE

FE REPORT 2021-12-04 10:22:41

The heavyweight banking sector accounted for 29 per cent of transactions on the Dhaka Stock Exchange (DSE) in the outgoing week, with four banks making their way to the list of ten most-traded stocks....

Trading of AIBL Perpetual Bond begins Sunday

Trading of AIBL Perpetual Bond begins Sunday

FE REPORT 2021-12-03 08:52:18

Trading of AIBL Mudaraba Perpetual Bond will commence on the Dhaka Stock Exchange (DSE) on Sunday (December 5) under 'N' category. DSE trading code for AIBL Mudaraba Perpetual Bond is "AIBLPBOND" a...

Stocks extend rally amid optimism

Stocks extend rally amid optimism

FE ONLINE REPORT 2021-12-02 16:38:30

Stocks extended the rally for the second straight session Thursday following the news that the Ministry of Finance (MoF) has called a meeting with the central bank and the securities regulator to reso...

Beximco Synthetics applies to BSEC for delisting

Beximco Synthetics applies to BSEC for delisting

FE REPORT 2021-12-02 12:27:58

Beximco Synthetics has applied to the securities regulator to be delisted from the stock market. The company has applied to the Bangladesh Securities and Exchange Commission (BSEC) seeking its commis...

Stocks drop at opening after BB statement

Stocks drop at opening after BB statement

FE ONLINE REPORT 2021-12-02 11:56:15

Stocks dropped further on Thursday following a statement from the Bangladesh Bank, saying no decisions were taken at Tuesday’s meeting between the central bank and securities regulator. Followi...

BB-BSEC meet couldn't take any decision on banks' investment in stock market

BB-BSEC meet couldn't take any decision on banks' investment in stock market

FE REPORT 2021-12-02 08:41:22

The meeting that was held between the Bangladesh Bank (BB) and the Bangladesh Securities and Exchange Commission (BSEC) on Tuesday last did not take any decision on matters relating to investment in...

Stocks rebound strongly amid optimism 

Stocks rebound strongly amid optimism 

FE ONLINE REPORT 2021-12-01 16:07:25

Stocks rebounded strongly on Wednesday, snapping a recent bearish trend, amid investors’ optimism after the central bank and the securities regulator agreed to resolve their disputes. DSEX, the...

Stocks open sharply higher after BB-BSEC meeting

Stocks open sharply higher after BB-BSEC meeting

FE ONLINE REPORT 2021-12-01 11:26:05

Stocks opened sharply higher on Wednesday as the central bank and the securities regulator have agreed to work jointly on bourse-boosting measures. A high-voltage meeting on Tuesday between two regul...