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The Financial Express

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Active beneficiary owners' accounts decrease 33.51pc

Active beneficiary owners' accounts decrease 33.51pc

Mohammad Mufazzal 2021-09-22 08:47:37

Number of active BO (beneficiary owner's) accounts declined 33.51 per cent in nearly last four months mainly because of reduced scope of applying for IPO (initial public offering) shares, insiders sai...

Capital market to emerge as main source of long-term financing

Capital market to emerge as main source of long-term financing

FE ONLINE REPORT 2021-09-21 13:35:28

Land Minister Saifuzzaman Chowdhury said the capital market would surely emerge as the main source of long-term financing very soon in Bangladesh. Urging the foreign investors and businessmen to inve...

Mostafa Metal subscription begins on Sept 26

Mostafa Metal subscription begins on Sept 26

FE REPORT 2021-09-21 09:59:04

Subscription for shares of Mostafa Metal Industries will be started from September 26 through Qualified Investor Offer (QIO). The company's subscription through electronic system of stock exchanges w...

Beximco tops turnover chart in a volatile market

Beximco tops turnover chart in a volatile market

FE REPORT 2021-09-21 09:53:16

Dhaka bourse closed the Monday's session with a marginal rise in broad index amid day-long volatility as many investors booked profits while others opted for observing the market's movement. On the d...

China Evergrande shares plummet to 11-year low

China Evergrande shares plummet to 11-year low

-- 2021-09-20 13:33:42

Shares of Evergrande on Monday plunged as much as 19 per cent to their lowest in over 11 years, extending losses as investors take a dim view of its business prospects with a fast approaching deadline...

Sonali Paper recommends 40 per cent dividend

Sonali Paper recommends 40 per cent dividend

FE Report 2021-09-20 10:35:35

Sonali Paper & Board Mills has recommended 20 per cent cash and 20 per cent stock dividend for the year ended on June 30, 2021. In a disclosure, the company said its dividends are recommended o...

Transactions through school banking accounts allowed

Transactions through school banking accounts allowed

FE REPORT 2021-09-20 10:28:28

Transactions involving the 'Bangabandhu Education Insurance' can be made through school banking accounts from now on, Bangladesh Bank (BB) said in a circular on Sunday. The insurance regulator -- Ins...

Issuers asked to expedite listing of perpetual bonds

Issuers asked to expedite listing of perpetual bonds

FE Report 2021-09-19 10:11:45

The securities regulator has asked issuers to accelerate listing process of perpetual bonds on bourses as part of the regulatory move to diversify the country's bond market. The Bangladesh Securiti...

Marginal loss in DSEX, shows weekly review

Marginal loss in DSEX, shows weekly review

FE REPORT 2021-09-18 09:55:28

Dhaka bourse closed the week with a marginal loss in terms of both index and turnover value, as investors adopted a cautious stance following a standoff between the central bank and the securities reg...

OTC market of bourses: Existing issues to leave after one month

OTC market of bourses: Existing issues to leave after one month

FE REPORT 2021-09-17 11:30:08

All the existing companies will not be allowed to operate in the OTC (over-the-counter) markets of the country's two bourses after one month. Some of the companies will be shifted to the exchanges' S...

CSE gets approval for 23 TRECs

CSE gets approval for 23 TRECs

FE REPORT 2021-09-17 10:08:20

The securities regulator has approved 23 proposals of new TRECs (Trading Right Entitlement Certificate) to be issued by Chittagong Stock Exchange (CSE). To this effect, the Bangladesh Securities and...

BSEC says it would go tough against rumour mongers

BSEC says it would go tough against rumour mongers

FE Report 2021-09-16 10:27:51

The securities regulator has strengthened its efforts to contain rumours which are spread through social media to influence market prices of listed securities. The Bangladesh Securities and Exchange...

Walton to offload more shares

Walton to offload more shares

-- 2021-09-15 21:28:30

Walton Hi-Tech Industries Limited will offload another 4.03 per cent of its shares for public sale over three years.Bangladesh Securities and Exchange Commission ordered Walton and two other compani...

Four companies bleed after BSEC's probe order

Four companies bleed after BSEC's probe order

FE Report 2021-09-15 09:56:49

Shares of four listed companies which recently saw abnormal price hike lost prices ranging between 4.68 per cent and 9.70 per cent on Tuesday. One of those companies became the worst loser a day afte...

Beximco completes acquisition of Sanofi stake

Beximco completes acquisition of Sanofi stake

FE REPORT 2021-09-15 08:42:57

Beximco has completed a share-purchase agreement with Sanofi Bangladesh to acquire its majority stake. As per the agreement, the company will purchase 54.60 per cent of shares of Sanofi. The agreeme...

Standoff between central bank, stock market regulator gets a new twist

Standoff between central bank, stock market regulator gets a new twist

FE REPORT 2021-09-15 08:14:33

Only a day after the central bank opposed the use of undisbursed dividend of banks and non-banking financial institutions by the capital market Stabilisation Fund (CMSF) in stock trading, Finance Mi...

Apple shares recover ground after court ruling slide

Apple shares recover ground after court ruling slide

-- 2021-09-14 10:14:19

Apple's shares inched higher on Monday after losing about $84 billion in market value in the previous session on the back of a US judge's mixed decision in the iPhone maker's fight with "Fortnite...

Share prices of three large cap companies drop

Share prices of three large cap companies drop

FE REPORT 2021-09-14 09:17:53

Share prices of three large-cap companies on Monday declined significantly a day after the securities regulator asked them to increase free float shares up to 10 per cent of their paid-up capitals....

Bangladesh Bank blocks use of banks' unclaimed dividend

Bangladesh Bank blocks use of banks' unclaimed dividend

SIDDIQUE ISLAM 2021-09-14 08:26:46

The central bank has ruled out the use of unclaimed or undisbursed dividends of banks and non-banking financial institutions by the Capital Market Stabilisation Fund (CMSF). Bangladesh Bank officia...

Public hearing on LPG pricing today

Public hearing on LPG pricing today

FE REPORT 2021-09-13 08:35:07

The public hearing to review the pricing formula to fix the retail price of LPG (liquefied petroleum gas) will be held today (Monday). It will continue on Tuesday too if the hearing is not finished...

Quick capital gains lure investors but operators, regulator unconcerned over market bull run

Quick capital gains lure investors but operators, regulator unconcerned over market bull run

MOHAMMAD MUFAZZAL AND BABUL BARMAN 2021-09-13 08:32:34

Capital gains largely lure investors into staking big bets on stocks which spur steady rally of the bourses as returns on bank deposits and other investment tools shrink, according to market analysts....

10 companies grab 21.28pc of weekly turnover at DSE

10 companies grab 21.28pc of weekly turnover at DSE

FE REPORT 2021-09-12 10:19:31

Top 10 companies saw rise in investors' participation in last week compared to previous week on Dhaka Stock Exchange (DSE). In last week, top 10 companies grabbed 21.28 per cent of weekly turnover...

BSEC chief confident of durability of stock market buoyancy

BSEC chief confident of durability of stock market buoyancy

-- 2021-09-12 10:13:06

Bangladesh Securities and Exchange Commission (BSEC) Chairman Professor Shibli Rubayat Ul Islam expressed his firm optimism about the durability of the current capital market buoyancy, saying that no...

DSE market cap adds Tk 226b in a week

DSE market cap adds Tk 226b in a week

BABUL BARMAN 2021-09-11 09:16:31

The stock market witnessed yet another bullish week with market-cap of Dhaka Stock Exchange (DSE) climbing to a historical high, thanks to increased investor participation. The market capitalisatio...

IFC to issue taka bond on Bangladesh bourse

IFC to issue taka bond on Bangladesh bourse

FHM HUMAYAN KABIR 2021-09-11 08:33:16

The International Finance Corporation (IFC) plans to issue taka-denominated bond on the Bangladesh market to extend financial support to domestic industries and agencies in need of funds. Official...

China's Ximalaya drops US IPO plans

China's Ximalaya drops US IPO plans

-- 2021-09-10 10:32:25

China's largest online audio platform Ximalaya said on Thursday it had decided not to proceed with its plans for an initial public offering (IPO) in the United States. The mov...

DSEX surpasses 7200-mark to reach a new peak

DSEX surpasses 7200-mark to reach a new peak

FE ONLINE REPORT 2021-09-09 16:06:21

The prime index of the Dhaka Stock Exchange (DSE) crossed the 7,200-mark on Thursday riding large-cap stocks despite the market opening on a selling spree. The market fell sharply at opening with the...

DSEX crosses 7200-mark after two hours, despite dismal opening

DSEX crosses 7200-mark after two hours, despite dismal opening

FE ONLINE REPORT 2021-09-09 12:51:32

The prime index of the Dhaka Stock Exchange (DSE) surpassed a 7,200- point mark on Thursday after two hours of trading though the market opened with selling pressure. DSEX, the prime index of the Dha...

Bourses slide at opening as regulator seeks reason behind rise of junk stocks

Bourses slide at opening as regulator seeks reason behind rise of junk stocks

FE ONLINE REPORT 2021-09-09 11:23:42

Stocks slide at the opening on Thursday as investors were selling mood following the securities regulator move to find out the reasons behind soaring prices of listed securities with poor price-earnin...

Coinbase lending product targeted

Coinbase lending product targeted

-- 2021-09-09 10:30:43

The US Securities and Exchange Commission has told Coinbase Global Inc that it plans to sue the cryptocurrency exchange if it goes ahead with plans to launch a programme allowing users to earn in...