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The Financial Express

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World stocks ease further from highs, oil dips on COVID-19 count

World stocks ease further from highs, oil dips on COVID-19 count

Reuters 2020-11-19 19:51:48

Positive news about possible vaccines had helped push the MSCI World Index to a record high earlier in the week, but investors pulled back as a host of countries announced record infection rates and t...

Stocks keep losing marginally amid low turnover

Stocks keep losing marginally amid low turnover

FE Online Report 2020-11-19 16:28:18

Stocks closed marginally lower for the two straight sessions on Thursday amid thin participation of investors as they mostly focused on Robi’s initial public offering (IPO). The subscription of...

Regent Textile declares 2.0pc dividend

Regent Textile declares 2.0pc dividend

FE ONLINE REPORT 2020-11-19 11:16:37

The Regent Textile Mills has recommended 1.0 per cent cash for general shareholders excluding sponsors/directors and 1.0 per cent stock dividend for all shareholders for the year ended on June 30, 202...

Stocks see mixed trend at opening as Robi's IPO hits market

Stocks see mixed trend at opening as Robi's IPO hits market

FE ONLINE REPORT 2020-11-19 10:59:39

Stocks witnessed a mixed trend in early trading on Thursday amid thin participation of investors as they are gearing up for Robi’s initial public offering (IPO). The subscription of the biggest...

Fund managers' unprofessionalism blamed for stunted Bangladesh MF industry growth

Fund managers' unprofessionalism blamed for stunted Bangladesh MF industry growth

MOHAMMAD MUFAZZAL 2020-11-19 09:47:00

The country's mutual fund (MF) industry remains smaller than many regional countries, including neighbouring India. For instance, India's MF industry has outsized Bangladesh's gross domestic product...

DSE turnover hits nearly four-month low

DSE turnover hits nearly four-month low

FE ONLINE REPORT 2020-11-18 16:04:24

The daily trade turnover on the major bourse tumbled to nearly four months low on Wednesday as investors were reluctant to make fresh investment in stocks amid the rising trend of Covid-19 infections...

BSEC body to probe unusual price hike of five MFs

BSEC body to probe unusual price hike of five MFs

FE Online Report 2020-11-18 13:00:17

The securities regulator has formed a two-member body to probe into the unusual price hike observed recently in the units of five closed-end mutual funds (MFs). The Bangladesh Securities and Exchange...

Stocks open positive amid poor turnover

Stocks open positive amid poor turnover

FE ONLINE REPORT 2020-11-18 11:16:39

Stocks posted a marginal gain in early trading on Wednesday as bargain hunters are active on sector-wise issues based on the latest corporate declarations. Following the previous day’s upbeat n...

Envoy Textiles declares 5.0pc interim cash dividend

Envoy Textiles declares 5.0pc interim cash dividend

FE ONLINE REPORT 2020-11-18 10:58:26

The board of directors of Envoy Textiles has declared 5.0 per cent interim cash dividend for the year ending on June 30, 2021, based on unaudited financial statements for the first quarter (Q1) ended...

Stocks rebound on bargain hunting, turnover remains low

Stocks rebound on bargain hunting, turnover remains low

FE ONLINE REPORT 2020-11-17 16:37:21

Stocks rebounded on Tuesday after remaining flat in the previous day as bargain hunters showed their buying spree on selective issues based on corporate declarations. DSEX, the prime index of the DSE...

DSE dips, CSE gains in early trading

DSE dips, CSE gains in early trading

FE ONLINE REPORT 2020-11-17 11:17:19

Stocks witnessed a mixed trend in the early trading on Tuesday as investors mostly followed a cautious stance amid the country’s biggest-ever IPO subscription – Robi Axiata. Following the...

Rebecca Brosnan  new Director in City Bank’s  Board nominated by IFC

Rebecca Brosnan new Director in City Bank’s Board nominated by IFC

FE Online Desk 2020-11-16 17:14:45

Rebecca Brosnan has been appointed in the City Bank Board as nominated Director of IFC (International Finance Corporation). IFC, a member of World Bank Group, is holding 5% share of the bank since 201...

Dhaka stocks inch higher after bumpy ride

Dhaka stocks inch higher after bumpy ride

-- 2020-11-16 16:26:31

FE ONLINE REPORT Stocks ended slightly higher on Monday after a volatile trading as investors mostly followed a cautious stance ahead of the biggest-ever IPO subscription – Robi Axiata. DSEX...

Asian stocks ride high on Covid-19 vaccine hopes

Asian stocks ride high on Covid-19 vaccine hopes

REUTERS 2020-11-16 11:35:18

Asian stocks hit a record high on Monday as vaccine optimism and strong economic data from China and Japan outshone worries about rising coronavirus cases, lifting just about every sector. MSCI's bro...

DSEX dips below 4,900-mark on selling binge

DSEX dips below 4,900-mark on selling binge

FE ONLINE REPORT 2020-11-15 15:55:14

The benchmark index of Dhaka Stock Exchange (DSE) tumbled below 4,900-mark on Sunday as cautious investors went on sell-offs on major sectors’ shares. The market opened on a negative note and t...

DSE opens lower, CSE higher

DSE opens lower, CSE higher

FE ONLINE REPORT 2020-11-15 10:57:18

Stocks witnessed a slow trend in early hours trading on Sunday as investors mostly followed cautious stance amid ongoing quarterly declarations of the listed companies. Following the previous week&rs...

Regulator going to curb 'insider trading' in stock market

Regulator going to curb 'insider trading' in stock market

MOHAMMAD MUFAZZAL 2020-11-15 09:43:22

The securities regulator has started developing a database of top officials, sponsor-directors and auditors of the listed companies, who are in the know about the price sensitive information (PSI), to...

Weekly review: Stocks slip back into red

Weekly review: Stocks slip back into red

FE REPORT 2020-11-14 11:03:45

Stocks slipped into the red in the outgoing week that ended on Thursday as shaky investors opted for booking profit on sector-wise issues based on the latest corporate declarations. Week-on-week, DSE...

CSE holds 25th AGM, approves 5.0pc dividend

CSE holds 25th AGM, approves 5.0pc dividend

FE ONLINE REPORT 2020-11-12 18:28:35

The 25th annual general meeting (AGM) of Chittagong Stock Exchange (CSE) was held on Thursday at the CSE Conference hall in Agrabad, Chattogram. The shareholders of the CSE approved a 5.0 per cent ca...

Stocks rebound after choppy trading

Stocks rebound after choppy trading

FE Online Report 2020-11-12 16:30:05

Stocks returned to the green on Thursday, snapping a two-day losing streak, as bargain hunters showed their buying binge on selective issues based on corporate declarations. DSEX, the key index of...

Fortune Shoes declares 10pc divided

Fortune Shoes declares 10pc divided

FE ONLINE REPORT 2020-11-12 10:46:34

The board of directors of Fortune Shoes has recommended 5.0 per cent cash (excluding sponsors & directors) and 5.0 per cent stock dividend for all the shareholders for the year ended on June 30, 2...

Green Delta secures AAA credit rating for 7 years

Green Delta secures AAA credit rating for 7 years

FE Online Desk 2020-11-11 20:44:56

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Stocks extend losses after bumpy ride

Stocks extend losses after bumpy ride

FE ONLINE REPORT 2020-11-11 16:07:40

Stocks extended the losing streak for the two straight sessions on Wednesday as risk-averse investors continued their sell-offs on sector-wises issues. DSEX, the key index of the Dhaka Stock Exchange...

Dominage Steel to hold IPO lottery draw Nov 16

Dominage Steel to hold IPO lottery draw Nov 16

FE ONLINE REPORT 2020-11-11 13:31:27

Dominage Steel Building Systems is set to hold its IPO (initial public offering) lottery draw on November 16, aiming to allocate 30 million ordinary shares among successful applicants. The company...

Stocks witness negative trend at opening on profit booking

Stocks witness negative trend at opening on profit booking

FE ONLINE REPORT 2020-11-11 11:04:26

Stocks witnessed a downward trend in early hours trading on Wednesday as investors mostly followed cautious stance after corporate declarations of most of the companies. Following the previous day&rs...

Stocks slump as large-cap issues fall

Stocks slump as large-cap issues fall

FE ONLINE REPORT 2020-11-10 16:00:56

Stocks ended lower on Tuesday, after remaining flat in the previous day, as risk-averse investors went on profit booking sell-offs on large-cap issues. DSEX, the key index of the Dhaka Stock Exchange...

Cautious investors push markets into mixed territory

Cautious investors push markets into mixed territory

FE ONLINE REPORT 2020-11-10 11:52:24

Stocks witnessed mixed trends in early trading on Tuesday as investors mostly followed cautious stance after corporate declarations of most of the companies. Following the previous day’s negati...

ACI declares 90pc dividend

ACI declares 90pc dividend

FE ONLINE REPORT 2020-11-10 11:23:17

The board of directors of ACI Limited has recommended 80 per cent cash and 10 per cent stock dividend for the year ended on June 30, 2020. The annual general meeting (AGM) will be held on December 24...

Companies show lukewarm response to submission of IPO proposals

Companies show lukewarm response to submission of IPO proposals

Mohammad Mufazzal 2020-11-10 10:20:39

Companies willing to raise funds showed lukewarm response to submit IPO proposals based on the financials for the year ended on June 30 as COVID-19 hit their businesses along with hampering preparatio...

Energypac Power’s IPO subscription opens Dec 7

Energypac Power’s IPO subscription opens Dec 7

FE ONLINE REPORT 2020-11-09 11:21:25

The initial public offering (IPO) subscription of Energypac Power Generation Ltd will commence on December 7, aiming to raise Tk 1.50 billion under the book-building method. The IPO subscription for...