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The Financial Express

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Bourses witness downtrend at opening

Bourses witness downtrend at opening

FE ONLINE REPORT 2021-02-02 11:35:59

Stocks on both the bourses witnessed a downward trend in the early trading on Tuesday as investors showed their buying appetite based on the latest quarterly earnings. Following the previous two days...

Eligible investors required to join in IPO bidding through committee

Eligible investors required to join in IPO bidding through committee

FE Report 2021-02-02 09:40:52

The eligible investors (EIs) will have to take part in the initial public offering (IPO) bidding through a committee, which will unbiasedly recommend quantity and price of the shares concerned, base...

DSE mobile app maintenance timeframe extended until Feb 11

DSE mobile app maintenance timeframe extended until Feb 11

FE ONLINE REPORT 2021-02-01 14:30:01

DSE mobile app users have to wait for two more weeks to get full trading hours services as the prime bourse extended the maintenance work time frame until February 11. “The maintenance work Ord...

Stocks rise at opening amid volatility

Stocks rise at opening amid volatility

FE ONLINE REPORT 2021-02-01 11:37:09

Stocks on both the bourses witnessed an upward trend in the early trading on Monday as investors showed their buying appetite based on the latest quarterly earnings. Following the previous day’...

Company registration in 24 hours as service goes online today

Company registration in 24 hours as service goes online today

ISMAIL HOSSAIN 2021-02-01 10:23:38

The new companies would now be able to register their entities with the Office of the Registrar of Joint Stock Companies and Firms (RJSC) within 24 hours as the process with key services goes online t...

Mir Akhter Hossain to make debut Tuesday

Mir Akhter Hossain to make debut Tuesday

FE Online Report 2021-01-31 15:05:01

Mir Akhter Hossain Ltd, one of the largest construction and engineering firms of the country, will make its share trading debut on the bourses Tuesday (February 2) under ‘N’ category, offi...

Shasha Denims to acquire additional 18pc stake in EOS Textile

Shasha Denims to acquire additional 18pc stake in EOS Textile

FE ONLINE REPORT 2021-01-31 14:26:52

Shasha Denims is set to acquire an additional 18 per cent stake in EOS Textile Mills, an associate of Italian apparel maker, at a cost of about Tk 218 million with proportionate other actual costs. T...

Desh General, Index Agro, NRB Bank to raise Tk 1.86b in February

Desh General, Index Agro, NRB Bank to raise Tk 1.86b in February

FE Report 2021-01-31 11:01:17

Three companies will open their IPO (initial public offering) subscription in February to raise an aggregate amount of capital worth Tk 1.86 billion from the country's capital market. Of these compan...

CVC Finance to capitalise on rural economy, MD tells FE

CVC Finance to capitalise on rural economy, MD tells FE

FE REPORT 2021-01-31 10:01:21

CVC Finance Ltd. wants to shift its corporate-centric focus to rural Bangladesh with the help of technology-based platforms. Currently, the corporate segment of CVC Finance, a new generation non-bank...

Robinhood raises $1.0b of fresh funding from investors

Robinhood raises $1.0b of fresh funding from investors

Reuters 2021-01-30 12:47:33

Online broker Robinhood has raised more than $1 billion of fresh capital from existing investors, having been strained by high volumes of trading this week and raising the ire of customers, celebritie...

IPO financing fails to create much impact on economy

IPO financing fails to create much impact on economy

FE REPORT 2021-01-30 11:31:36

Bangladesh Institute of Capital Market (BICM) launched "BICM Research Seminar Series" on Thursday. Professor Shaikh Shamsuddin Ahmed, commissioner of Bangladesh Securities and Exchange Commission (BS...

Customers sue Robinhood Financial

Customers sue Robinhood Financial

Reuters 2021-01-29 12:45:33

Two customers sued Robinhood Financial on Thursday over the online brokerage’s trading ban in GameStop and other high-flying stocks caught up in a retail buying frenzy that forced some prominent...

"GameStop effect" could ripple further: Market analysts

"GameStop effect" could ripple further: Market analysts

REUTERS 2021-01-29 11:41:01

The clash between retail traders and Wall Street professionals that sparked roller coaster rides in the shares of GameStop Corp may pose a risk to dozens of other stocks and potentially create a heada...

Facebook shuts popular stock trading group

Facebook shuts popular stock trading group

Reuters 2021-01-29 11:31:00

Facebook took down a popular Wall Street discussion group, Robinhood Stock Traders, in a move that its founder on Thursday described as backlash for conversations buoying shares of GameStop Corp and o...

Stocks edge higher as regulator relaxes margin loans directive

Stocks edge higher as regulator relaxes margin loans directive

-- 2021-01-28 16:27:29

Stocks finished marginally higher for the two consecutive sessions on Thursday as the stock market regulator relaxed its directive on margin loans for more four months. The Bangladesh Securities and...

Junior bankers feel left behind during pandemic-era boom

Junior bankers feel left behind during pandemic-era boom

-- 2021-01-28 13:07:15

As top investment bankers orchestrated major deals through Zoom during the coronavirus (Covid-19) pandemic, junior staffers say they were often sitting home, bored and alone, discouraged by an industr...

BMW's 2020 cash flow exceeded market expectations

BMW's 2020 cash flow exceeded market expectations

Reuters 2021-01-28 12:32:03

BMW’s free cash flow last year was better than market expectations at about 3.4 billion euros ($4.12 billion) in its core automotive division, the German carmaker said on Wednesday, citing recov...

Grameenphone declares 145pc final cash dividend

Grameenphone declares 145pc final cash dividend

FE ONLINE REPORT 2021-01-28 11:38:01

The board of directors of Grameenphone has recommended 145 per cent final cash dividend (i.e. total 275 per cent cash dividend) for the year ended on December 31, 2020, said an official disclosure on...

Stocks rise at open amid high turnover

Stocks rise at open amid high turnover

FE ONLINE REPORT 2021-01-28 11:33:27

Stocks witnessed an upward trend in early trading on Thursday as the stock market regulator relaxed the margin loan adjustment until June 30. The regulator has relaxed its directive on margin loans,...

BSEC to hold road-show in Dubai Feb 9

BSEC to hold road-show in Dubai Feb 9

FE Report 2021-01-28 10:26:29

The securities regulator will hold a four-day-long road-show in Dubai next month to attract foreign investors and non-resident Bangladeshis. The programme will open on February 9 and will close on Fe...

Stocks witness mixed trend amid choppy trading

Stocks witness mixed trend amid choppy trading

FE ONLINE REPORT 2021-01-27 11:34:24

Stocks witnessed a mixed trend amid choppy trading in the early hours on Wednesday as cautious investors continued their profit booking on sector-wise issues. Following the previous three days’...

Stocks tumble amid lower turnover

Stocks tumble amid lower turnover

FE ONLINE REPORT   2021-01-26 16:28:21

Stocks witnessed a big jolt on Tuesday, with the key index of the Dhaka Stock Exchange (DSE) tumbling below 5,700-mark, as investors went on sell-offs on large-cap stocks. DSEX, the prime index of th...

Marico declares third interim dividend for 2021

Marico declares third interim dividend for 2021

FE ONLINE REPORT 2021-01-26 12:42:43

Marico Bangladesh, a listed multinational company, has declared a third interim cash dividend of 200 per cent based on nine months' financials for the period ended on December 31, 2020. The boar...

Stocks down at opening amid volatility

Stocks down at opening amid volatility

FE ONLINE REPORT 2021-01-26 11:09:04

Stocks on both the bourses witnessed a downward trend on Tuesday amid volatile trading as cautious investors continued profit booking on sector-wise issues. Following the previous two days’ cor...

Bourses asked to submit detailed plan within 15 days

Bourses asked to submit detailed plan within 15 days

FE Report 2021-01-26 09:17:12

The securities regulator has asked both the bourses to submit a detailed plan within 15 days regarding the issuance of new TREC (Trading Right Entitlement Certificate). The Bangladesh Securities and...

DSEX dips below 5,800-mark as investors continue profit booking on sector-wise issues

DSEX dips below 5,800-mark as investors continue profit booking on sector-wise issues

FE ONLINE REPORT 2021-01-25 16:33:16

Stocks extended the losing streak on Monday, with the key index of the major bourse dipping below 5,800-mark, as cautious investors continued their profit booking on sector-wise issues. DSEX, the pri...

Taufika Food's IPO lottery draw tomorrow

Taufika Food's IPO lottery draw tomorrow

FE REPORT 2021-01-25 12:50:58

The initial public offering (IPO) lottery draw of Taufika Foods & Agro Industries, which produces ice cream under the brand name of 'Lovello', to be held tomorrow (Tuesday). The event will begin...

Over half of BO accounts inactive in share market

Over half of BO accounts inactive in share market

MOHAMMAD MUFAZZAL 2021-01-25 12:28:04

More than 50 per cent of the active BO (beneficiary owner's) have no role in the country's capital market as those accounts have either 'zero' balance or 'never' been used for trading purpose. The nu...

Stocks break three-day winning streak

Stocks break three-day winning streak

-- 2021-01-24 16:24:14

Stocks ended marginally lower on Sunday, snapping a three-day positive session, as investors mostly followed cautious stance amid persistent profit-booking tendency. DSEX, the prime index of the Dhak...

Stocks gain at opening amid rising turnover

Stocks gain at opening amid rising turnover

FE ONLINE REPORT 2021-01-24 11:20:41

Stocks on both the bourses witnessed a positive note amid soaring turnover in the early trading on Sunday as investors went on buying spree on major sector stocks. Beximco Pharma’s share soared...