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The Financial Express

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Stocks witness modest fall amid low turnover

FE Online Report February 10, 2020 16:07:50

Stocks witnessed a modest fall on Monday, extending the losing streak for the fifth straight session, as nervous investors continued their sell-offs on selective issues. DSEX, the prime index of the...

Stocks witness positive trend on buying spree

-- February 10, 2020 11:51:19

Stocks witnessed positive trend in early hours of trading on Monday as some investors are showing their buying interest on sector-wise issues. Following the previous day’s big fall, the Dhaka...

BRTC Bill awaits parliament nod

MUNIMA SULTANA February 10, 2020 10:55:18

After long 59 years, the existing Bangladesh Road Transport Corporation Act is going to be revised with the incorporation of a provision to increase its paid-up capital from Tk 60 million to Tk 10 bil...

Singer Bangladesh posts 12.50pc rise in EPS

FE Report February 10, 2020 10:47:15

The earnings per share of Singer Bangladesh Ltd rose 12.50 per cent year-on-year in 2019 thanks to record sales and continued focus on managing operating expenses. The company has reported consolidat...

Kazi Sanaul Hoq joins DSE as MD

FE Desk Report February 10, 2020 10:43:39

Kazi Sanaul Hoq joined the Dhaka Stock Exchange (DSE) as its managing director on Sunday after getting the regulatory approval in this regard. Earlier on January 09 last, the board of directors of t...

Stocks plummet amid panic sell-offs

FE Online Report February 09, 2020 15:52:36

Stocks witnessed a sharp decline on Sunday as worried investors continued their sell-offs on selective large-cap issues. DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 64.20 po...

Four SoCBs to go public by Sept: Finance minister

-- February 09, 2020 15:24:03

The government is planning to offload the shares of four state-owned commercial banks (SoCBs) by September in a bid to boost the stock market, finance minister AHM Mustafa Kamal has said. He made the...

Singer BD declares 77pc cash div

FE ONLINE REPORT February 09, 2020 11:50:43

The board of directors of Singer Bangladesh Limited has recommended 77 per cent cash dividend for the year ended on December 31, 2019. The board has also decided to increase authorized capital from T...

Stocks witness downturn trend in early trading

FE ONLINE REPORT February 09, 2020 11:49:08

Stocks witnessed downward trend in early hours of trading on Sunday as investors followed mostly cautious stance. Following the previous three days’ correction, the Dhaka Stock Exchange (DSE) a...

Sonali, Janata, Agrani likely to go public

SYFUL ISLAM February 09, 2020 10:37:58

The government is pressing ahead with its plan to offload shares of three state-owned commercial banks on the stock exchanges, officials said. The authorities have started primary work on divesting t...

Weekly Market Review: Stocks in the tank amid low confidence

Babul Barman February 08, 2020 10:41:52

Stocks kept losing for the two straight weeks that ended on Thursday after the government passed a bill to bring surplus money of state and autonomous agencies to the national exchequer. Week-on-week...

Ten cos account for 25pc transactions

FE Report February 07, 2020 11:00:33

Ten most traded firms accounted for more than one-fourth of transactions on the Dhaka Stock Exchange (DSE) on Thursday, with LafargeHolcim making it to the top of the turnover chart for the 12th strai...

Apple Watch outsells entire Swiss watch industry in 2019

-- February 07, 2020 00:21:06

The Apple Watch outsold the entire Swiss watch industry in 2019, according to a new report. Market research firm Strategy Analytics estimates that Apple shipped 30.7 million units worldwide of its sm...

Stocks keep losing amid bumpy ride

FE Online Report February 06, 2020 15:46:34

Stocks extended the losing streak for the third straight session on Thursday as cautious investors continued their sell-offs on sector-wise issues. DSEX, the prime index of the Dhaka Stock Exchange (...

Nokia posts surprise quarterly profit rise

Reuters February 06, 2020 13:53:42

Finnish telecom network equipment maker Nokia reported on Thursday a surprise rise in October-December underlying profit, driven by cost cuts, and said most of its 2020 profit will be generated in the...

Stocks surge in early trade

FE Online Report February 06, 2020 11:42:59

Stocks surged in early hours of trading on Thursday as investors continued their buying binge on sector specific issues based on earnings declarations. Following the previous two days’ correcti...

EPS of most power cos up in Oct-Dec

Babul Barman February 06, 2020 11:31:23

Earnings per share (EPS) of most of the listed companies under 'fuel & power' sector showed better performance in October-December, 2019 quarter compared to the same quarter of the previous year....

DSE top officials asked to attend hearing on Feb 9

FE REPORT February 06, 2020 11:25:56

The securities regulator has asked the premier bourse to explain the cause of its previous comments on capital market and financial statements of ACI which 'triggered' the fall of index in 2019. Foll...

IPO approval process ‘should be simplified’

FE Online Report February 05, 2020 14:52:49

Discussants have stressed on transparency and accountability in the process of approving IPO (initial public offering) proposals to make the country’s capital market vibrant.   They also...

RAK Ceramics recommends 15pc div

FE Online Report February 05, 2020 12:38:00

The board of directors of RAK Ceramic Ltd has recommended 15 per cent cash dividend for the year ended on December 31, 2019, said an official disclosure on Wednesday. The annual general meeting (AGM)...

Stocks post marginal loss in early trading

FE Online Report February 05, 2020 11:51:32

Stocks posted a modest loss in early hours of trading on Wednesday as most of the investors followed cautious stance. Following the previous day’s mild correction, the Dhaka Stock Exchange (DSE...

BSEC asks ICB, subsidiary to show cause

MOHAMMAD MUFAZZAL February 05, 2020 11:17:18

The securities regulator has served a show-cause notice on the Investment Corporation of Bangladesh (ICB) and one of its subsidiaries, seeking their explanation for a significant fall in the share pri...

Stocks snap two-day winning streak

FE Online Report February 04, 2020 16:06:07

Stocks slipped into the red on Tuesday, snapping a two-day winning streak, as risk-averse investors went on selling binge on sector-wise issues. DSEX, the prime index of the Dhaka Stock Exchange (DSE...

CSE gets new managing director

FE ONLINE DESK February 04, 2020 13:44:34

Mamun-Ur-Rashid, former managing director of Standard Bank Limited, has been appointed as managing director of Chittagong Stock Exchange (CSE) Limited. He started his career with National Bank as a P...

DSEX gains 20.08 points at opening

FE Online Report February 04, 2020 12:03:56

Stocks witnessed upward trend in early hours of trading on Tuesday as investors continued their buying binge on sector specific issues based on earnings declaration. Following the previous two days&r...

Sluggish turnover hits DSE earnings

Babul Barman February 04, 2020 11:48:41

The government's revenue earnings from the Dhaka bourse slumped 39 per cent in seven months in the current fiscal year as trading volume was on the decline. Market analysts said sluggish trading acti...

Bourses extend gaining streak

FE Online Report February 03, 2020 16:06:41

Stocks extended the gaining streak for the second day in a raw on Monday as some investors continued their buying binge based on quarterly earnings. DSEX, the prime index of the Dhaka Stock Exchange...

AirAsia shares plunge after Airbus bribery allegations

Reuters February 03, 2020 12:24:21

Shares of Malaysia’s AirAsia Group and unit AirAsia X fell on Monday, after allegations by Britain’s Serious Fraud Office that Airbus paid a bribe of $50 million to win plane orders from A...

Stocks inch up on earning reports

FE Online Report February 03, 2020 12:15:39

Stocks witnessed a marginal gain in early hours of trading on Monday as a section of investors are showing appetite on sector specific issues based on earnings declaration. Following the previous day...

Allegation brought against S S Steel

FE REPORT February 03, 2020 11:47:11

Shore Cap Holdings Limited, a private limited company has brought allegation against a listed steel company's involvement in its placement share forgery. At a press conference held on Sunday at Dhaka...