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The Financial Express

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DSEX crosses 6300-mark after 42-month

DSEX crosses 6300-mark after 42-month

FE Online Report 2021-07-15 16:28:20

The prime index of the Dhaka Stock (DSEX) surpassed the 6,300-mark on Thursday as buying binge added strength to the equity indices despite worries over the virus-infused shock to the country’...

Envoy Textile to set up spinning project expansion unit

Envoy Textile to set up spinning project expansion unit

FE ONLINE REPORT 2021-07-15 11:17:22

Envoy Textile has decided to set up a spinning project expansion unit at its existing factory premises with an estimated total cost of Tk 1761.90 million. The new expansion project will be set up at...

Stocks open higher as lockdown eased

Stocks open higher as lockdown eased

FE ONLINE REPORT 2021-07-15 10:59:33

Stocks opened higher on Thursday as investors continued their buying interest on sector-wise issues amid the resumption of vaccine roll-out and relaxed strict lockdown. A new issue – Baraka Pat...

GP declares 125pc interim cash dividend

GP declares 125pc interim cash dividend

FE ONLINE REPORT 2021-07-15 10:18:23

The board of directors of Grameenphone (GP), the largest market-cap listed company, has recommended a 125 per cent interim cash dividend for the year ending 2021. This interim cash dividend represent...

Bonds aplenty, but not right ones

Bonds aplenty, but not right ones

MOHAMMAD MUFAZZAL 2021-07-15 08:37:31

The securities regulator and intermediaries have harped on different tunes about the market capacity of absorbing the bonds so far approved. Most of the bonds are being issued by banks to strengthe...

Two more SME firms get BSEC nod to raise funds through QIO

Two more SME firms get BSEC nod to raise funds through QIO

FE ONLINE REPORT 2021-07-14 20:33:05

The stock market regulator has approved two more SME firms’ proposals for raising capital worth Tk 100 million each through a qualified investor offer (QIO). The companies are Oryza Agro Indust...

Stocks keep gaining ahead of Eid festival

Stocks keep gaining ahead of Eid festival

FE ONLINE REPORT 2021-07-14 16:28:21

Stocks posted a modest gain on Wednesday, with the key index hitting more than three and a half months high, as investors were active on both sides of the trading fence ahead of Eid vacation. Followi...

Stocks open higher amid lax lockdown news

Stocks open higher amid lax lockdown news

FE ONLINE REPORT 2021-07-14 11:05:02

Stocks opened higher on Wednesday as investors continued their buying spree on major sector issues riding on the news of the resumption of vaccine roll-out and relaxed lockdown. Pre-Eid sale pre...

Record date for Beximco Sukuk subscription July 19

Record date for Beximco Sukuk subscription July 19

FE REPORT 2021-07-14 10:01:16

Bangladesh Export Import Company (Beximco) set the record date on July 19 for entitlement of rights to the existing shareholders of the company to subscribe the asset-backed Beximco Green-Sukuk al I...

Stocks rebound strongly; key index hit more than 42-month high

Stocks rebound strongly; key index hit more than 42-month high

FE ONLINE REPORT 2021-07-13 17:51:07

Stocks rebounded strongly on Tuesday, with the key index hitting more than a 42-month high, as investors went on buying spree on major sector issues riding on the new stimulus news. Prime Minister Sh...

Stocks open higher as pre-Eid sale pressure eases

Stocks open higher as pre-Eid sale pressure eases

FE ONLINE REPORT 2021-07-13 10:55:05

Stocks on both the bourses opened higher on Tuesday, after the previous day’s marginal correction, as pre-Eid sale pressure eased to some extent. Only four trading days are left before vacation...

45 issues being traded below face value

45 issues being traded below face value

FE REPORT 2021-07-13 10:25:24

Prices of 45 issues are being traded below their face value of Tk 10 each on the Dhaka Stock Exchange (DSE) despite the stock index soared more than 54 per cent in the past one year. According to ava...

Stocks post marginal fall as Eid nears

Stocks post marginal fall as Eid nears

FE ONLINE REPORT 2021-07-12 16:53:30

Dhaka stocks posted a marginal loss on Monday as cautious investors opted for booking profit on quick-gaining issues ahead of Eid vacation. The market started on a negative tone as the shaky investor...

Stocks open lower ahead of Eid vacation

Stocks open lower ahead of Eid vacation

FE ONLINE REPORT 2021-07-12 11:07:10

Stocks opened marginally lower on Monday, the first session of the week, as cautious investors are booking profit on sector-wise issues ahead of Eid vacation. As per the banking schedule, trading day...

General insurance sector best performer in first half

General insurance sector best performer in first half

FE REPORT 2021-07-12 08:52:12

The general insurance sector was the best performer on the Dhaka Stock Exchange (DSE) in the first half (H1) of 2021 with 43 per cent return while the jute sector was the worst loser plunging by 30.60...

Sonali Life Insurance declares 12pc cash dividend

Sonali Life Insurance declares 12pc cash dividend

FE ONLINE REPORT 2021-07-10 20:43:39

The board of directors of newly listed Sonali Life Insurance Company has recommended a 10 per cent cash dividend for all shareholders for the year ended on December 31, 2020. Besides, the board has a...

BAPLC seeks three months time to transfer unclaimed funds

BAPLC seeks three months time to transfer unclaimed funds

FE REPORT 2021-07-10 10:35:24

Bangladesh Association of Publicly Listed Companies (BAPLC) has sought three months up to September 30, 2021 to transfer the amounts held against unclaimed/undistributed/unsettled dividend to the Ca...

Bancassurance in final stage of launching

Bancassurance in final stage of launching

JASIM UDDIN HAROON 2021-07-10 09:18:43

Bancassurance, an alternative selling strategy of insurance products by banking institutions, is in the final stage of being introduced in the country, as both the central bank and the insurance regul...

Beximco given go-ahead for issuance of Tk 30b Sukuk Bond

Beximco given go-ahead for issuance of Tk 30b Sukuk Bond

FE REPORT 2021-07-09 10:10:43

The securities regulator has accorded consent to Bangladesh Export Import Company (Beximco) as originator for issuance of BEXIMCO Green Sukuk Bond of Tk 30 billion. As per the regulatory consent, o...

Stocks bounce back after two-day slump

Stocks bounce back after two-day slump

FE Online Report 2021-07-08 15:55:28

The market rebounded on Thursday, snapping a two-day losing streak, as investors put fresh bets on sector-wise stocks amid extended trading hours. Trading time extended by an hour from Thursday until...

Stocks open higher amid extended trading time

Stocks open higher amid extended trading time

FE ONLINE REPORT 2021-07-08 10:51:10

Stocks opened marginally higher on Thursday as investors showed their appetite for sector-wise issues despite the rising trend of virus infections and deaths in the country. Trading remains open fo...

BSEC approves capital market stabilisation fund proposal

BSEC approves capital market stabilisation fund proposal

FE REPORT 2021-07-08 10:03:39

The securities regulator on Wednesday approved the proposal regarding the formation of the board of governance under which the operations of Tk 210 billion capital market stabilisation fund will be co...

‘Incremental changes can make Bangladesh global investment destination’

‘Incremental changes can make Bangladesh global investment destination’

FE ONLINE REPORT 2021-07-07 23:03:19

The Bangladesh stock market has made great progress in becoming more welcoming to foreign investors, while incremental changes can help sustain this momentum and ensure Bangladesh remains a prime and...

Dawn Global launches ETF listed on NYSE

Dawn Global launches ETF listed on NYSE

Adnan Hossain Bhuiyan 2021-07-07 18:10:13

Bangladesh stock market can attract more foreign investment through easing concerns related to liquidity, potential regulatory involvement, enlistment of local companies, and providing more incentives...

Stocks extend losses as bank shares keep falling

Stocks extend losses as bank shares keep falling

FE Online Report 2021-07-07 17:41:46

Stocks witnessed a moderate fall for the two consecutive sessions on Wednesday as cautious investors continued to book profit on quick-gaining issues amid virus worries. Meanwhile, trading time at th...

Social Islami Bank approves 10pc dividend

Social Islami Bank approves 10pc dividend

FE Desk 2021-07-07 13:17:32

The 26th Annual General Meeting of Social Islami Bank Limited (SIBL) was held on Tuesday on a virtual platform due to coronavirus pandemic. The bank's shareholders approved 10 per cent dividend (5...

DSEX crosses 6200-mark at opening

DSEX crosses 6200-mark at opening

FE ONLINE REPORT 2021-07-07 10:39:10

The prime index of the Dhaka Stock Exchange (DSE) crossed the 6200-mark again at opening on Wednesday as investors are showing their appetite, particularly on insurance and mutual funds issues. Fol...

Investors get online transfer facilities

Investors get online transfer facilities

FE REPORT 2021-07-07 10:03:24

Investors from now on will be able to transfer their securities to another brokerage firm from the existing one if its operations are declared suspended or remain closed. Besides, investors will be a...

Banking hours refixed at 10:00am-2:30pm

Banking hours refixed at 10:00am-2:30pm

FE REPORT 2021-07-07 09:43:57

The central bank has asked all the scheduled banks to extend the working period for customers by one hour before the upcoming Eid-ul-Azha, officials said. The banks have also been instructed to run...

Stock market trading four hours from Thursday

Stock market trading four hours from Thursday

FE Online Report 2021-07-06 19:37:58

Trading time on the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) has been extended by an hour effective from tomorrow (Thursday). Trading at the bourses will remain open for four ho...