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The Financial Express

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12 small-cap companies keen to raise capital

12 small-cap companies keen to raise capital

FE Report 2021-03-03 10:01:48

Some 12 small-cap companies have showed interest to raise capital through the bourses' SME boards to accelerate their business growth. The companies expressed their interest Tuesday at a meeting he...

DSEX exceeds 5,500-mark again

DSEX exceeds 5,500-mark again

FE Online Report 2021-03-02 17:36:34

Stocks soared Tuesday with the key index of the major bourse crossing the 5,500-mark after a week, as optimistic investors continued their appetite on sector-wise stocks. The market opened on a posit...

Baraka Patenga Power’s cut-off price fixed at Tk 32 each

Baraka Patenga Power’s cut-off price fixed at Tk 32 each

FE ONLINE REPORT 2021-03-02 14:20:47

The cut-off price of shares of Baraka Patenga Power has been fixed at Tk 32 each through electronic bidding by eligible investors. The bidding – a requirement for going public under the book-bu...

Stocks open higher amid rising turnover

Stocks open higher amid rising turnover

FE ONLINE REPORT 2021-03-02 11:44:21

Stocks opened on an upbeat note on Tuesday as optimistic investors are showing their appetite on sector-wise issues. Following the previous day’s positive ending, the Dhaka Stock Exchange (DSE)...

57,000 companies brought under tax net thanks to reporting database

57,000 companies brought under tax net thanks to reporting database

Ismail Hossain 2021-03-02 09:38:17

The Institute of Chartered Accountants of Bangladesh (ICAB) has made a move to reshuffle and revitalize its vigilant system on the chartered accountant firms to make them more compliant and bring in h...

European stocks rebound as bond markets stabilise, UK outperforms

European stocks rebound as bond markets stabilise, UK outperforms

Reuters 2021-03-01 18:46:38

European stocks recovered on Monday after bond markets stabilised following a sharp selloff last week, while sentiment was boosted by heightened optimism over global COVID-19 vaccination programmes an...

Stocks open month on positive note

Stocks open month on positive note

FE ONLINE REPORT 2021-03-01 16:21:50

Stocks posted moderate gain on Monday, the first trading day of this month, as bargain hunters showed their appetite on sector-wise stocks. The market swung between positive and negative in the first...

Unilever Consumer Care declares 440pc dividend

Unilever Consumer Care declares 440pc dividend

FE ONLINE REPORT 2021-03-01 11:53:34

The board of directors of Unilever Consumer Care has recommended 440 per cent cash dividend for the year ended on December 31, 2020. The final approval of the dividend will come during the annual gen...

Stocks mixed at opening amid lackluster trade

Stocks mixed at opening amid lackluster trade

FE ONLINE REPORT 2021-03-01 11:47:32

Stocks opened mixed on Monday as investors were mostly cautious amid persistently lackluster trade. The market swung between positive and negative in the early trading as the investors were seen foll...

Danone takes step to sell Chinese asset, following pressure from shareholders

Danone takes step to sell Chinese asset, following pressure from shareholders

REUTERS 2021-03-01 10:27:45

Danone said on Sunday it was taking a first step towards selling off its stake in its Chinese dairy partner as the French food group faces pressure from shareholders to improve its performance and gov...

NRBC Bank's IPO lottery draw Wednesday

NRBC Bank's IPO lottery draw Wednesday

FE REPORT 2021-03-01 09:45:50

The initial public offering (IPO) lottery draw of NRBC Bank will be held on Wednesday (March 3) to allocate its 120 million ordinary shares among successful applicants. The commercial bank has rece...

Stocks slip into red breaking two-day winning streak

Stocks slip into red breaking two-day winning streak

FE ONLINE REPORT 2021-02-28 16:04:30

The market slipped into the red on Sunday, breaking a two-day winning streak, as investors mostly followed cautious stance amid lack of market triggers. The market opened on a positive note and the k...

Stocks rise at opening

Stocks rise at opening

FE ONLINE REPORT 2021-02-28 11:42:47

Stocks witnessed a positive trend in early trading on Sunday as bargain hunters were active on sector-wise issues. Following the previous week's decline, the Dhaka Stock Exchange and the Chittagong S...

Beneficiary owners' accounts on the rise, as IPOs lure investors

Beneficiary owners' accounts on the rise, as IPOs lure investors

FE Report 2021-02-28 10:06:48

The number of new beneficiary owners' (BO) accounts, used to invest and trade in the stock market, continued to rise following regulatory measures taken to ease the account opening process. The regul...

Move to speed up process to list small-cap companies

Move to speed up process to list small-cap companies

MOHAMMAD MUFAZZAL 2021-02-28 10:01:57

The securities regulator will sit with some small-cap companies this week to discuss their listing with the bourses under the SME board introduced earlier to facilitate the raising of capital by such...

GameStop rally fizzles

GameStop rally fizzles

-- 2021-02-27 09:10:15

GameStop Corp closed 6 per cent lower on Friday as an early rally fizzled but the stock finished the week 151 per cent higher in a renewed surge that left analysts puzzled. The video game retailer's...

Preference shares start enticing investors

Preference shares start enticing investors

FE REPORT 2021-02-27 08:52:07

Individual investors are now showing interest in preference shares as reflected in the closing of a debt instrument subscription. People familiar with the development said high returns and tax bene...

DSE key index exceeds 5,400-mark again

DSE key index exceeds 5,400-mark again

FE Online Report 2021-02-25 16:34:13

Stocks ended higher for the two straight sessions on Thursday, with the key index of the major bourse crossing the 5,400-mark again, as bargain hunters were active on sector-wise lucrative issues. Th...

Asian shares jump

Asian shares jump

Reuters 2021-02-25 12:06:10

Asian stocks jumped on Thursday after US Federal Reserve Chair Jerome Powell reaffirmed interest rates would stay low for a long time, calming market fears that higher inflation might prompt the centr...

StandChart 2020 pretax profit falls 57pc, misses estimates

StandChart 2020 pretax profit falls 57pc, misses estimates

Reuters 2021-02-25 11:45:47

Standard Chartered on Thursday restored its dividend and reaffirmed its long-term profit goals, in a show of confidence about its ability to recover from the impact of the Covid-19 pandemic even...

Stocks open mixed amid lacklustre trading

Stocks open mixed amid lacklustre trading

FE ONLINE REPORT 2021-02-25 11:34:47

Stocks opened mixed on Thursday as investors mostly maintained a cautious stance amid persistent lacklustre trading. The market swung between positive and negative in the early trading this morning a...

IPO quota facility of three merchant banks to be scrapped: BSEC

IPO quota facility of three merchant banks to be scrapped: BSEC

FE Report 2021-02-25 08:43:49

The securities regulator has decided to scrap the IPO (initial public offering) quota facility of three merchant banks for shortage of paid-up capital required to conduct operations as portfolio manag...

Chartered accountants emphasise automated auditing practice

Chartered accountants emphasise automated auditing practice

FE Report 2021-02-25 08:42:05

Speakers at a workshop Wednesday said the country's accountants have to prepare themselves for fully automated auditing practice in near future. They said chartered accountants professionals have glo...

Stocks snap five-day losing streak

Stocks snap five-day losing streak

FE Online Report 2021-02-24 16:05:11

Stocks rebounded on Wednesday, breaking a five-day losing streak, powered by investors’ buying spree on large-cap stocks. The market opened higher and the upbeat trend sustained till the end of...

Bitcoin's steep drop drags billions off Tesla value, Musk wealth

Bitcoin's steep drop drags billions off Tesla value, Musk wealth

-- 2021-02-24 11:21:46

Bitcoin, shares of Tesla, and a high-flying exchange traded fund (ETF) fell on Tuesday, retreating from recent rallies in a volatile session that gave investors a gut check. It was the latest sign of...

Stocks rise at opening, turnover remains low

Stocks rise at opening, turnover remains low

FE ONLINE REPORT 2021-02-24 10:55:25

Stocks open higher on Wednesday, after a five-day losing streak, as bargain hunters were active on lucrative issues. After hitting a two-month low of the Dhaka Stock Exchange’s core index in th...

Online platforms targetted by EU

Online platforms targetted by EU

-- 2021-02-24 10:25:36

Online platforms like Robinhood in the United States that offer commission-free share trading to retail investors would be illegal in the European Union, officials from the bloc said on Tuesday. Onli...

DSEX sinks to two-month low

DSEX sinks to two-month low

FE ONLINE REPORT 2021-02-23 16:43:01

Stocks extended the losing streak on Tuesday, with the core index of the Dhaka Stock Exchange (DSE) dipped to two-month low, as investors stayed cautious amid prolonged bearish trend. DSEX, the prime...

Stocks open lower amid lackluster trade

Stocks open lower amid lackluster trade

FE ONLINE REPORT 2021-02-23 11:31:55

Stocks opened marginally lower in early trading on Tuesday as investors continued their sell-offs on sector-wise issues amid persistently lackluster trade. However, debutant eGeneration Ltd, which re...

IT zone at KEPZ gets private hi-tech park status

IT zone at KEPZ gets private hi-tech park status

FE REPORT 2021-02-23 08:56:47

Information Technology zone of the Korean Export Processing Zone (KEPZ) in Chattogram has received the status of a private hi-tech park, which will be established on 100 acres of land. To this effe...