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The Financial Express

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Two more insurers declare dividend for 2020

Two more insurers declare dividend for 2020

FE ONLINE REPORT 2021-06-02 11:03:23

Two more general insurers – Asia Insurance and Global Insurance Company – have declared dividends for the year ended on December 31, 2020. Asia Insurance: The board of directors of&n...

MBL vows to grab top position

MBL vows to grab top position

SIDDIQUE ISLAM 2021-06-02 10:12:19

Mercantile Bank Limited (MBL) has taken a series of measures to become one of the country's top five financial institutions in the near future in terms of market share, its top executive has said. As...

Regulator set to impose curb on bonus share issuance

Regulator set to impose curb on bonus share issuance

MOHAMMAD MUFAZZAL 2021-06-02 09:03:40

Five types of listed companies, including the 'Z' category ones, are set to be barred from issuing bonus shares without justified reason of business expansion and the regulatory permission as well. T...

Stocks end nearly flat ahead of budget

Stocks end nearly flat ahead of budget

FE ONLINE REPORT 2021-06-01 16:46:19

Stocks ended almost flat on Tuesday after volatile trading as investors mostly followed a cautious stance ahead of the national budget. Finance Minister AHM Mustafa Kamal is set to unveil the nationa...

Northern Islami Insurance declares 10pc cash dividend

Northern Islami Insurance declares 10pc cash dividend

FE ONLINE REPORT 2021-06-01 11:38:45

The board of directors of Northern Islami Insurance has recommended a 10 per cent cash dividend for the year ended on December 31, 2020. The final approval of the dividend will come during the annual...

Pragati Insurance recommends record 30pc cash dividend for 2020

Pragati Insurance recommends record 30pc cash dividend for 2020

FE ONLINE REPORT 2021-06-01 11:23:24

The board of directors of Pragati Insurance has recommended a record high 30 per cent cash dividend for the year ended on December 31, 2020. It is Pragati Insurer's highest cash dividend recommendati...

DSEX crosses 6,000-mark at opening

DSEX crosses 6,000-mark at opening

FE ONLINE REPORT 2021-06-01 10:44:58

Stocks opened sharply higher on Tuesday, after a single-day break, with the key index of the major bourse crossing the 6,000-mark again amid buying spree. Within the first 30 minutes of trading, DSEX...

Sukuk investors may be offered fiscal benefits

Sukuk investors may be offered fiscal benefits

FE REPORT 2021-06-01 09:46:40

The government is likely to offer fiscal benefits in order to attract investment in Sukuk, a bond-like instrument used in Islamic finance. The existing gain tax at a rate of 4.0 per cent might be wai...

DSEX slips below 6,000-mark after single-day

DSEX slips below 6,000-mark after single-day

FE ONLINE REPORT 2021-05-31 17:49:54

The core index of the Dhaka Stock (DSE) fell below the 6,000-mark on Monday, after staying above a single day, as risk-averse investors opted for booking profit on quick-gaining stocks. DSEX, the pri...

Confidence Cement’s Q3 profit jumps 247pc

Confidence Cement’s Q3 profit jumps 247pc

FE ONLINE REPORT 2021-05-31 12:12:27

Confidence Cement has posted an impressive 247 per cent growth in its third-quarter (Q3) profits for January-March, 2021 due to increased sales volume and income from sale of a subsidiary company. In...

Stocks open flat amid volatile trading

Stocks open flat amid volatile trading

FE ONLINE REPORT 2021-05-31 10:49:43

The market witnessed volatility at the opening on Monday after hitting the core index of the major bourse 40 months high in the previous day. The investors mostly followed cautious approaches and som...

Union Capital declares ‘no’ dividend for 2020

Union Capital declares ‘no’ dividend for 2020

FE ONLINE REPORT 2021-05-31 10:28:50

The board of directors of Union Capital has recommended no dividend for the year ended on December 31, 2020, as the company continued to incur loss. The non-bank financial institution has incurred a...

BSEC approves Tk 5.0b mudaraba bond by EXIM Bank

BSEC approves Tk 5.0b mudaraba bond by EXIM Bank

FE REPORT 2021-05-31 09:15:37

The securities regulator has approved the proposal of issuing mudaraba subordinated bond worth Tk 5.0 billion by the EXIM Bank. The approval came Sunday at a meeting held at the office of the Banglad...

PRAN Agro issues Tk 2.1b international bond

PRAN Agro issues Tk 2.1b international bond

FE REPORT 2021-05-31 08:45:15

PRAN Agro Limited (PAL), one of the country's leading agro processors, has issued a non-convertible international bond worth Tk 2.1 billion which is first of its kind in Bangladesh. The company has s...

Bourses attract a paltry amount of black money, facility may not continue

Bourses attract a paltry amount of black money, facility may not continue

DOULOT AKTER MALA 2021-05-31 08:25:31

Belying the policymakers expectations, only a meagre amount of 'undisclosed' funds, legalised under a controversial tax exemption facility, flowed into the country's bourses until May 25 of the curren...

DSEX exceeds 6000-mark after 40 months

DSEX exceeds 6000-mark after 40 months

FE ONLINE REPORT 2021-05-30 16:06:54

The benchmark index of the Dhaka Stock (DSEX) crossed the ‘psychological’ threshold of 6,000-mark on Sunday after nearly 40 months as investors continued to put bets on the stocks amid bud...

Stock market opens marginally higher

Stock market opens marginally higher

FE ONLINE REPORT 2021-05-30 11:24:34

The stock market opened marginally higher on Sunday as investors followed a cautious approach after a big jump in the previous session. Following the previous session’s sharp rise, the market o...

Eastern Housing’s Q3 EPS almost doubles

Eastern Housing’s Q3 EPS almost doubles

FE ONLINE REPORT 2021-05-30 11:08:27

Eastern Housing, one of the country’s oldest real estate companies, has posted a 96 per cent increase in its third quarter (Q3) earnings for January-March, 2021 compared to the same quarter of t...

Stock market regulatory reforms hailed

Stock market regulatory reforms hailed

Mohammad Mufazzal 2021-05-30 09:28:16

Experts and stakeholders have hailed the regulatory reforms brought in rules and the actions taken against the wrong doers to enhance good governance in the country's capital market. Their evaluation...

Sonali Life's IPO subscription begins Sunday

Sonali Life's IPO subscription begins Sunday

FE REPORT 2021-05-29 10:06:22

The IPO subscription of Sonali Life Insurance, the first company under the newly introduced pro-rata basis, will begin tomorrow (Sunday), aiming to raise Tk 190 million under the fixed price method....

DSE crosses 5900-mark again on buying spree

DSE crosses 5900-mark again on buying spree

FE ONLINE REPORT 2021-05-27 18:53:57

The benchmark index of the Dhaka Stock Exchange (DSE) crossed the 5,900-mark again on Thursday with its market-cap hit an all-time high as enthusiastic investors put fresh bets on stocks amid high h...

DSEX exceeds 5900-mark at opening

DSEX exceeds 5900-mark at opening

FE ONLINE REPORT 2021-05-27 11:19:17

The market opened sharply higher on Thursday as investors continued to make fresh bets on major sector stocks amid high expectations. Following the previous two days’ big gain, the market wit...

Republic Insurance declares 14pc dividend for 2020

Republic Insurance declares 14pc dividend for 2020

FE Online Report 2021-05-27 09:58:54

The board of directors of Republic Insurance Company has recommended 7.0 per cent cash and 7 per cent stock dividend for the year ended on December 31, 2020. The final approval of the dividend will c...

Most listed MNCs declare hefty dividend

Most listed MNCs declare hefty dividend

BABUL BARMAN 2021-05-27 09:27:04

Most of the listed multinational companies (MNCs) have recommended substantial amount of cash dividends for the year ended on December 31, 2020, maintaining their profit growth. Currently, there ar...

DSE daily turnover scales Tk 20b-mark again

DSE daily turnover scales Tk 20b-mark again

FE ONLINE REPORT 2021-05-25 16:03:34

Daily trade turnover on Dhaka Stock Exchange (DSE) scaled Tk 20 billion-mark on Tuesday as enthusiastic investors continued to put fresh stakes on stocks amid high hopes. Turnover, a crucial indicato...

27 banks invest Tk 14 billion in stock market special fund

27 banks invest Tk 14 billion in stock market special fund

MOHAMMAD MUFAZZAL 2021-05-25 13:42:34

As many as 27 scheduled banks have so far invested Tk 14 billion in the stock market under the special fund, formed under the central bank's initiative to support the ailing market, officials said. T...

Markets open sharply higher as major sectors soar

Markets open sharply higher as major sectors soar

FE ONLINE REPORT 2021-05-25 10:58:01

The market opened sharply higher on Tuesday like the previous day as investors continued putting fresh bets on major sector stocks amid high expectations. Following the previous day’s big...

Stocks rebound sharply after two-day slump

Stocks rebound sharply after two-day slump

FE ONLINE REPORT 2021-05-24 16:05:28

The market rebounded strongly on Monday, snapping a two-day losing streak, as investors put fresh bets on large-cap stocks amid extended trading hours. Trading time extended by 30 minutes to 2:00pm f...

Sonali Paper to add new product line to meet growing demand

Sonali Paper to add new product line to meet growing demand

FE ONLINE REPORT 2021-05-24 12:59:51

Sonali Paper and Board Mills has decided to add a new product line -- Aluminum foil paper box unit -- by installing a new machine in its factory premises in Rupganj upazila of Naraynganj. The new mac...

Stocks jump at open after two-day slump

Stocks jump at open after two-day slump

FE ONLINE REPORT 2021-05-24 11:39:13

The market opened sharply higher on Monday, after two-day profit booking sell-offs, as investors showed their buying spree on major sector stocks. Following the previous two days’ major correct...