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The Financial Express

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FRC finds Advent Pharma a wrongdoer

JASIM UDDIN HAROON February 28, 2020 10:32:35

The Financial Reporting Council (FRC), an auditors' watchdog of the country, found a few irregularities involving a pharmaceutical company. The listed company, Advent Pharma, had an approval of appoi...

DSEX slumps below 4,500-mark Thursday

FE Online Report February 27, 2020 16:40:59

The prime index of the Dhaka bourse fell below 4,500-mark Thursday as worried investors continued to dump their holdings amid concern on the possible impact of the single-digit interest rate on the ba...

Pandemic fears pummel stocks, push bond rally to fresh heights

REUTERS February 27, 2020 14:34:21

Stocks sank deeper into the red on Thursday, oil prices fell and US Treasuries rallied into record territory as more signs of the global spread of the coronavirus heightened fears of a pandemic. Glob...

Stocks witness bumpy ride at opening

FE Online Report February 27, 2020 11:53:53

Stocks witnessed volatile trading in early hours of trading on Thursday as investors are active on both sides of trading fence. Following the previous five days’ downturn, the Dhaka Stock Excha...

BSEC vows to be tough on errant audit firms

FE REPORT February 27, 2020 09:50:27

The chief of the country's capital market regulatory body said on Wednesday auditors would be made accountable apart from ensuring improvement in governance in the listed companies for the sake of pro...

DSEX dips below 4,600-mark on Wednesday

FE ONLINE REPORT February 26, 2020 16:14:42

Stock extended the losing streak for the five consecutive sessions on Wednesday with key index dipped below 4,600-mark as worried investors continued their sell-offs on major sectors’ shares. D...

Stocks keep losing for fourth day

FE Online Report February 25, 2020 17:20:34

Stock continued to fall for the four straight sessions on Tuesday amid poor earnings declarations by a number of large-cap companies. DSEX, the prime index of the Dhaka Stock Exchange (DSE), settled...

GSK BD declares 530pc cash dividend

FE Online Report February 25, 2020 12:24:06

The board of directors of GlaxoSmithKline Bangladesh Ltd has recommended 530 per cent cash dividend for the year ended on December 31, 2019. The annual general meeting (AGM) will be held on April 16....

Stocks mixed in early trading

FE Online Report February 25, 2020 12:03:07

Stocks witnessed mixed trend in the early hours of trading on Tuesday as investors were seen active on both sides of trading fence amid ongoing dividend declarations. Following the previous three day...

Stocks extend losses for third day

FE Online Report February 24, 2020 17:00:25

Stocks extended the losing streak for the third straight session on Monday as cautious investors continued their sell-offs amid ongoing dividend declarations session. DSEX, the prime index of the Dha...

Dutch-Bangla Bank to issue bond worth Tk 5.0 billion

FE Online Report February 24, 2020 12:41:00

The board of directors of Dutch-Bangla Bank Limited has approved the issuance of third subordinated bond worth Tk 5.0 billion, said an official disclosure on Monday. The bank is going to issue the bo...

DSE, CSE witness volatility in early trading

FE Online Report February 24, 2020 12:01:56

Stocks witnessed volatility in the early hours of trading on Monday as investors were seen active on both sides of trading fence amid ongoing dividend declarations. Following the previous two days&rs...

IPDC Finance declares 15pc dividend

FE Online Report February 24, 2020 10:45:57

The board of directors of IPDC Finance Ltd has recommended 10 per cent cash and 5.0 per cent stock dividend for the year ended on December 31, 2019. The annual general meeting (AGM) will be held on M...

Stock market tribunal sits almost idle

Mohammad Mufazzal February 24, 2020 10:39:28

The special tribunal on capital market has been sitting almost 'idle' for around 18 months in the absence of stock market-related cases in hand. The activities of the tribunal came almost to a halt a...

Stocks end lower despite GP share surge

FE Online Report February 23, 2020 16:23:15

Stocks closed lower on Sunday despite the heavyweight Grameenphone (GP) shares surged following the news to deposit Tk 10 billion to BTRC. DSEX, the prime index of the Dhaka Stock Exchange (DSE), set...

Bourses witness mixed trend despite GP surge

FE Online Report February 23, 2020 12:09:57

Stocks witnessed volatility in the early hours of trading on Sunday despite a surge in Grameenphone (GP) shares following the news of the telcom operator's decision to deposit Tk 10 billion in dues to...

25 cos to go public to raise Tk 13.34 billion

Mohammad Mufazzal February 23, 2020 10:08:56

Some 25 companies are set to raise an aggregate amount of capital worth Tk 13.34 billion from the capital market. The companies will raise capitals floating IPOs (initial public offerings) under the...

Wall St set to fall again as coronavirus spreads beyond China

-- February 21, 2020 20:43:09

US stock index futures edged lower on Friday as a spike in new coronavirus cases in China and elsewhere sent investors scrambling for safer assets such as gold and government bonds, according to Reute...

China firms in $10 billion share sale rush as funding rules eased amid virus worries

-- February 21, 2020 16:36:12

Listed Chinese companies are queuing up to issue shares and have already announced plans to raise more than $10 billion in the past week after fundraising rules were relaxed to help ease cash strains...

Stocks head for worst week in four as coronavirus spreads

-- February 21, 2020 15:37:04

Shares across the world fell on Friday and were set for their worst week in four as investors dumped riskier assets for the safety of bonds and gold, with coronavirus cases in China and elsewhere spre...

Robi plans to go public

-- February 21, 2020 13:40:55

Robi, the second largest mobile operator in Bangladesh, is seeking to raise Tk 5.2 billion from the capital market through an initial public offering (IPO), reports bdnews24.com.  It plans to of...

Stocks end week on negative note

FE Online Report February 20, 2020 16:36:43

Stocks finished week on marginally lower Thursday as risk-averse investors went on sell-offs on sector-wise shares. DSEX, the prime index of the Dhaka Stock Exchange (DSE), settled at 4,733, shedding...

Stocks up at open

FE Online Report February 20, 2020 11:29:38

Stocks witnessed an upward trend in the early hours of trading on Thursday as investors maintained their appetite on sector-wise issues. Following the previous day’s modest gain, the Dhaka Stoc...

Delta Brac declares 35pc dividend

FE Online Report February 20, 2020 11:27:57

The board of directors of Delta Brac Housing Finance Corporation Ltd has recommended 20 per cent cash and 15 per cent stock dividend for the year ended on December 31, 2019. The annual general meetin...

Online module a boon to aggrieved investors

Mohammad Mufazzal February 20, 2020 10:35:21

The securities regulator has settled above 92 per cent of total complaints made by investors in last six months through newly-introduced online complaint module. The Bangladesh Securities and Exchang...

Stocks bounce back after single-day break

FE Online Report February 19, 2020 16:27:20

Stocks rebounded on Wednesday, after a single-day break, as investors showed their buying binge on sector-wise shares. The market opened on downward trend and the key index of the major bourse droppe...

Bourses witness downtrend at open

FE Online Report February 19, 2020 11:50:55

Stocks witnessed a downward trend in the early hours of trading on Wednesday as risk-averse investors opted for booking quick-profit on selective shares. Following the previous day’s modest c...

Reliance Insurance declares 25pc dividend

FE Online Report February 19, 2020 11:17:55

The board of directors of Reliance Insurance has recommended 25 per cent cash dividend for the year ended on December 31, 2019. The final approval will come during the annual general meeting schedule...

Stocks break five-day winning streak

FE Online Report February 18, 2020 16:14:50

Stocks slipped into the red on Tuesday, snapping a five-day winning streak, as investors opted for quick-profit on selective large-cap issues. The market opened on upward trend and key index of the p...

Share prices of two cos’ keep soaring sans PSI

FE Online Report February 18, 2020 13:51:50

The share prices of two companies - Orion Pharmaceuticals and Orion Infusions - have been soaring despite no undisclosed price sensitive information. Within 12 trading days, share price of Orion Phar...