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The Financial Express

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DSE, CSE post marginal gains at opening

DSE, CSE post marginal gains at opening

FE ONLINE REPORT 2021-11-18 11:52:00

Stocks posted marginal gains in the early hours of trading on Thursday as some bargain hunters were showing their buying interest on sector-wise issues. Following the previous day’s modest gain...

Union Insurance IPO subscription to open on December 15

Union Insurance IPO subscription to open on December 15

FE REPORT 2021-11-18 09:33:23

The initial public offering (IPO) subscription of Union Insurance Company Ltd will begin December 15, aiming to raise Tk 193.60 million from the capital market. The subscription of the company's shar...

Institutional investors jack DSE turnover up

Institutional investors jack DSE turnover up

FE REPORT 2021-11-18 09:30:33

Stocks finished almost flat on Wednesday, with turnover crossing Tk 15 billion-mark on the Dhaka bourse, as investors were active on both sides of the trading fence. Following the previous day's stee...

Sonali Bank's capital market exposure crosses limit, central bank seeks explanation

Sonali Bank's capital market exposure crosses limit, central bank seeks explanation

FE REPORT 2021-11-18 09:09:11

The central bank has asked the Sonali Bank to explain within three working days as to why their investment in the capital market has exceeded the permissible limit, officials said. The move came agai...

Stocks end almost flat after bumpy ride

Stocks end almost flat after bumpy ride

FE ONLINE REPORT 2021-11-17 16:28:51

Stocks ended almost flat on Wednesday, with turnover crossing Tk 15 billion-mark, as investors were active on both sides of the trading fence. Following the previous day’s steep rise, the marke...

Stocks see downturn after first hour of trading

Stocks see downturn after first hour of trading

FE ONLINE REPORT 2021-11-17 11:40:28

Stocks witnessed a downturn in early trading on Wednesday, after the previous day’s sharp gain, as cautious investors were seen busy booking profit on quick-gaining issues. Following the previo...

Tk 1.0b to be injected into ICB

Tk 1.0b to be injected into ICB

FE REPORT 2021-11-17 10:59:30

Capital Market Stabilisation Fund (CMSF) will make its maiden investment worth Tk 1.0 billion into Investment Corporation of Bangladesh (ICB) as TDR (transferable development rights) to boost liquidit...

Jute Spinners' liabilities exceed assets

Jute Spinners' liabilities exceed assets

FE REPORT 2021-11-17 10:38:02

Jute Spinners incurred a net loss of Tk 75.79 million during the year ended on June 30, 2021 while the company's accumulated loss stood at Tk 686.07 million. The company's liabilities stood at Tk 688...

DSEX exceeds 7000-mark as major sectors soar

DSEX exceeds 7000-mark as major sectors soar

FE ONLINE REPORT 2021-11-16 16:03:09

Stocks witnessed a big jump on Tuesday, with the key index of the Dhaka bourse crossing the 7000-mark, as buoyant investors put fresh bets on major sector shares riding on regulatory moves. The mar...

DSEX crosses 7000-mark at opening on BSEC moves

DSEX crosses 7000-mark at opening on BSEC moves

FE ONLINE REPORT 2021-11-16 12:19:02

Stocks opened sharply higher on Tuesday, as optimistic traders were showing their buying interest on selective shares following the regulatory moves on margin loans. The Bangladesh Securities and Exc...

BSEC to extend time-frame for offloading more shares by Berger, ICB, Walton Hi-Tech

BSEC to extend time-frame for offloading more shares by Berger, ICB, Walton Hi-Tech

MOHAMMAD MUFAZZAL 2021-11-16 10:34:04

Three large-cap companies including Berger Paints Bangladesh are set to be offered with time extension to offload more shares in a bid to avert negative impact on market prices. The Bangladesh Secu...

Most listed power generation companies see EPS growth

Most listed power generation companies see EPS growth

BABUL BARMAN 2021-11-16 10:26:26

Most listed power generation companies in the private sector posted moderate earnings growth in July-September 2021, thanks to higher income from subsidiaries and reduced corporate tax rate. Out of...

BSEC scraps index-based credit facilities

BSEC scraps index-based credit facilities

FE REPORT 2021-11-16 08:57:46

The securities regulator has further revised the ratio of credit facilities, scrapping the existing index-based credit ratio. In this regard, the Bangladesh Securities and Exchange Commission (BSEC...

Stocks open higher riding on bank shares

Stocks open higher riding on bank shares

FE ONLINE REPORT 2021-11-15 11:20:44

Stocks opened higher on Monday, after the previous day’s sharp decline, as bargain hunters were showing their buying interest on selective bank shares. Some large-cap stocks such as BRAC Bank,...

Stocks tumble after three-day gain

Stocks tumble after three-day gain

FE ONLINE REPORT 2021-11-14 16:17:17

The stock market returned to the falling streak on Sunday, snapping a three-day gain, amid quick profit booking on major sector shares. The market started on a positive note and the key index rose...

Stocks open week on slow trend

Stocks open week on slow trend

FE ONLINE DESK 2021-11-14 11:38:16

Stocks witnessed a slow trend on Sunday, the opening day of the week, as investors were active on both sides of the trading fence amid the ongoing quarterly earnings disclosures. Following the previo...

Runner Automobiles extends IPO proceed deadline

Runner Automobiles extends IPO proceed deadline

FE REPORT 2021-11-14 09:50:31

Runner Automobiles has revised the IPO (initial public offering) proceed utilisation timeframe to December 31, 2022 to utilise the fund for manufacture of 3-wheelers. In a disclosure, the company...

Walton Hi-Tech net profit soars 126pc

Walton Hi-Tech net profit soars 126pc

MOHAMMAD MUFAZZAL 2021-11-14 08:37:21

Walton Hi-Tech Industries, a leading local brand in electronics and electrical sector, saw a steep growth in its turnover for the fiscal year (FY) 2020-21 which aided a significant growth in its net p...

DSEX breaks 4-week losing streak as investors snap up battered stocks

DSEX breaks 4-week losing streak as investors snap up battered stocks

BABUL BARMAN 2021-11-13 10:37:34

Stocks bounced back in the outgoing week, snapping a four-week losing streak, as buoyant investors put fresh bets on lucrative shares amid positive expectations. Of the five trading days during the w...

ICB's earning per share jumps

ICB's earning per share jumps

FE REPORT 2021-11-12 13:10:47

Investment Corporation of Bangladesh (ICB) saw a steep rise in EPS (earnings per share) for the year ended on June 30, 2021 compared to the same period of previous year. The company's EPS rose signif...

Stocks extend gaining streak for third straight day

Stocks extend gaining streak for third straight day

FE ONLINE REPORT 2021-11-11 15:39:24

Stocks extended the gaining streak for the third straight session on Thursday with rising turnover as investors continued to put fresh bets on sector-wise shares. The market opened sharply higher,...

BRAC Bank shares rise as SoftBank buys stake in bKash

BRAC Bank shares rise as SoftBank buys stake in bKash

-- 2021-11-11 15:21:20

The shares of BRAC Bank have soared after Japanese investment company SoftBank agreed to acquire a 20 per cent stake in its subsidiary bKash, the leading mobile phone financial service provider in Ban...

Japan’s SoftBank to buy 20pc stake of bKash

Japan’s SoftBank to buy 20pc stake of bKash

FE ONLINE REPORT 2021-11-11 12:15:52

Japanese multinational conglomerate SoftBank Group Corporation is set to buy 20 per cent stake of bKash, one of the largest mobile financial service providers in Bangladesh. bKash is a subsidiary of...

Alif Industries to issue Tk 3.0b convertible bond

Alif Industries to issue Tk 3.0b convertible bond

FE REPORT 2021-11-11 11:58:14

Alif Industries, a yarn producer, has decided to issue convertible bonds worth Tk 3.0 billion for land, machinery and existing factory renovation. The bond issue is subject to the approval of the sto...

ACME Pesticides Ltd makes trading debut Sunday

ACME Pesticides Ltd makes trading debut Sunday

FE ONLINE REPORT 2021-11-11 11:02:22

Newly listed ACME Pesticides Ltd will make its share trading debut on Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) on November 14 (Sunday) under ‘N’ category, officials s...

DSEX crosses 7000-mark at opening

DSEX crosses 7000-mark at opening

FE ONLINE REPORT 2021-11-11 10:51:27

Stocks opened sharply higher on Thursday, maintaining the previous day's rising trend, as buoyant investors were putting fresh bets on the major sector shares amid high expectations. Following the pr...

Sonali’s Tk 5.0b fund injection boosts investors’ mood

Sonali’s Tk 5.0b fund injection boosts investors’ mood

FE Report 2021-11-11 10:42:36

Sonali Bank has provided Tk 5.0 billion to Investment Corporation of Bangladesh (ICB) to invest in the stock market. Md. Mazibur Rahman, deputy managing director said, Sonali Bank took the move as it...

Vanguard AML BD Finance declares a 15pc cash dividend

Vanguard AML BD Finance declares a 15pc cash dividend

-- 2021-11-10 18:42:50

The Trustee Committee of ‘Vanguard AML BD Finance Mutual Fund One’ (Trading Code: VAMLBDMF1) has approved the Audited Financial Statements for the year ended September 30, 2021. It also d...

Stocks jump as major sectors soar

Stocks jump as major sectors soar

FE ONLINE REPORT 2021-11-10 16:17:30

Stocks witnessed sharp gains on Wednesday, extending the winning streak for the second straight session, as buoyant investors went for buying on major sector shares. The stock market witnessed a big...

Bourses open sharply higher

Bourses open sharply higher

FE ONLINE REPORT 2021-11-10 11:26:45

Stocks opened sharply higher on Wednesday as bargain hunters were showing their buying interest on sector-specific lucrative issues. Following the previous day’s big gain, DSEX, the prime index...