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The Financial Express

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IPO share bidding of Index Agro begins Sunday

IPO share bidding of Index Agro begins Sunday

FE ONLINE REPORT 2020-10-31 10:27:22

The bidding for eligible investors (EIs) to explore the cut-off price of Index Agro Industries shares will commence from tomorrow (Sunday) at 5:00pm. The company’s price bidding through electro...

Weekly review: Stocks slip into red amid profit booking sell-offs

Weekly review: Stocks slip into red amid profit booking sell-offs

FE ONLINE REPORT 2020-10-30 13:42:06

Stocks slipped into the red in the outgoing week as shaky investors went on selling binge on sector-wise issues amid ongoing corporate declarations. Week-on-week, DSEX, the benchmark index of Dhaka S...

Push for listing of MNCs with Bangladesh stock market

Push for listing of MNCs with Bangladesh stock market

FE REPORT 2020-10-30 09:39:19

The securities regulator is seeking ways to get the multinational companies (MNCs) listed publicly in order to enhance the depth of the capital market. At a meeting on Thursday, the Bangladesh Secu...

United Power recommends 155pc dividend

United Power recommends 155pc dividend

FE ONLINE REPORT 2020-10-29 11:28:32

The board of directors of United Power Generation & Distribution Company Ltd has recommended 145 per cent cash and 10 per cent stock dividend for the year ended on June 30, 2020. It is the highes...

Stocks witness mixed trend at open

Stocks witness mixed trend at open

FE ONLINE REPORT 2020-10-29 11:16:36

Stocks witnessed a mixed trend in the early trading on Thursday as investors mostly followed cautious stance amid ongoing earnings and dividend declaration sessions. Following the previous five days&...

DSE daily turnover exceeds Tk 11b mark

DSE daily turnover exceeds Tk 11b mark

FE Online Report 2020-10-28 16:06:05

Stocks extended the losing streak for the five consecutive sessions on Wednesday as shaky investors continued their sell-offs amid lower than expected earnings declaration of many companies. DSEX, th...

Sajedul Islam new vice-president of DBA

Sajedul Islam new vice-president of DBA

FE ONLINE REPORT 2020-10-28 11:24:21

Md. Sajedul Islam, managing director of Shyamol Equity Management Ltd, has been made vice-president of DSE Brokers Association (DBA). He also served as director of the DBA, according to a press relea...

Marico BD declares 200pc interim cash dividend

Marico BD declares 200pc interim cash dividend

FE ONLINE REPORT 2020-10-28 10:53:37

The board of directors of Marico Bangladesh Ltd, one of the leading listed multinational companies, has declared a 200 per cent interim cash dividend based on six months financials for the period ende...

Olympic Industries recommends 52pc cash dividend

Olympic Industries recommends 52pc cash dividend

FE ONLINE REPORT 2020-10-28 10:25:53

The board of directors of Olympic Industries Ltd has recommended a 52 per cent cash dividend for the year ended on June 30, 2020. The annual general meeting (AGM) will be held on December 24 at 10:00...

Renata recommends 140pc dividend

Renata recommends 140pc dividend

FE Report 2020-10-28 10:03:57

Renata has recommended 130 per cent cash and 10 per cent stock dividend for the year ended on June 30, 2020. The company's board of directors has made the recommendation at a meeting. The company h...

‘Investment in mutual funds more profitable than fixed deposits’

‘Investment in mutual funds more profitable than fixed deposits’

-- 2020-10-27 21:24:39

Chairman of the Bangladesh Securities and Exchange Commission (BSEC) Shibli Rubayat-Ul-Islam has said investment in mutual funds is much more profitable than the fixed deposits in banks. “The c...

Dhaka bourse ends slightly lower

Dhaka bourse ends slightly lower

FE ONLINE REPORT 2020-10-27 15:52:50

Dhaka Stock Exchange on Tuesday closed marginally lower amid choppy trading throughout the whole session. On the day, major sectors such as bank, financial institutions and pharmaceuticals witnessed...

HSBC to overhaul business model

HSBC to overhaul business model

Reuters 2020-10-27 15:37:05

HSBC Holdings on Tuesday signalled it would embark on a pandemic-induced overhaul of its business model, seeking to flip its main source of income from interest rates to fee-based businesses. Reporti...

Surging coronavirus cases subdue Asian shares

Surging coronavirus cases subdue Asian shares

-- 2020-10-26 13:52:23

Asian shares got the week off to a hesitant start on Monday as surging coronavirus (Covid-19) cases in Europe and the United States undermined the global outlook, while China’s leaders meet to p...

BB favours bond issued by stock market intermediaries to increase liquidity

BB favours bond issued by stock market intermediaries to increase liquidity

SIDDIQUE ISLAM and MOHAMMAD MUFAZZAL 2020-10-26 09:50:13

The central bank has suggested that the securities regulator allow stock market intermediaries to issue bonds for improving the inflow of liquidity in the country's capital market. The suggestion cam...

Ant may raise up to $17b in Shanghai IPO leg

Ant may raise up to $17b in Shanghai IPO leg

Reuters 2020-10-25 13:03:15

China’s Ant Group could raise up to $17.3 billion in the Shanghai leg of the likely $35 billion dual listing, the world’s largest ever, after some large investors submitted bids in the ran...

Benchmark index, turnover edge up on DSE

Benchmark index, turnover edge up on DSE

FE Report 2020-10-24 10:16:01

Dhaka bourse in last week posted a marginal rise in broad index and a moderate rise in turnover as major sectors performed mixed following investors' stance of diversifying portfolios. Dhaka Stock Ex...

DSE MD Kazi Sanaul Hoq resigns

DSE MD Kazi Sanaul Hoq resigns

-- 2020-10-21 20:29:52

Managing Director of Dhaka Stock Exchange Kazi Sanaul Hoq has stepped down from his post citing personal reasons. Sanaul submitted the resignation letter on October 8, the DSE said in a statement on...

Dhaka bourse posts modest gain in early trading

Dhaka bourse posts modest gain in early trading

FE Online Report 2020-10-21 11:44:59

Dhaka bourse on Wednesday made a positive start following investors’ increased participation, mostly on small cap companies including insurers. After one hour of the session, DSEX, the broad in...

Regent Textile to acquire 99pc shares of Legacy Fashion

Regent Textile to acquire 99pc shares of Legacy Fashion

FE REPORT 2020-10-21 10:53:39

Regent Textile Mills, a listed company, will acquire 99 per cent shares of Legacy Fashion at a value of Tk 830.115 million based on net asset value reported in the financial statement for the year end...

Dhaka stocks maintain positive trend at midday

Dhaka stocks maintain positive trend at midday

FE Online Report 2020-10-20 12:47:13

Dhaka bourse on Tuesday opened on positive note and maintained the trend for more than two hours following investors’ increased participations. Traders’ participation was mostly concentra...

Cut-off price of Lub-rref share set at Tk 30 each

Cut-off price of Lub-rref share set at Tk 30 each

FE ONLINE REPORT 2020-10-19 18:31:53

The cut-off price of shares of Lub-rref (Bangladesh) Ltd, a local lubricant producer, has been fixed at Tk 30 each through electronic bidding by eligible investors. The eligible investors took part i...

IPO bidding of Index Agro begins Nov 1

IPO bidding of Index Agro begins Nov 1

FE Online Report 2020-10-19 17:10:50

The bidding for eligible investors (EIs) to explore the cut-off price of shares of Index Agro Industries Ltd will commence at 5:00pm from November 1. The company’s price bidding through electro...

Community Bank Bangladesh Ltd holds 17th Board Meeting

Community Bank Bangladesh Ltd holds 17th Board Meeting

-- 2020-10-19 14:22:40

The 17th Board Meeting of the Community Bank Bangladesh Ltd was held at the Police Headquarters in Dhaka on Sunday, 18 October 2020. The meeting was chaired by Inspector General of Bangladesh Police...

Insurance shares lift Dhaka stocks

Insurance shares lift Dhaka stocks

FE ONLINE REPORT 2020-10-18 13:08:10

Dhaka bourse displayed an enthusiastic start on Sunday as gainers took control over the losers following investors' participation in sector-specific stocks. Of the listed securities, insurers dominat...

BSEC slaps two-year lock-in on Robi employees' shares

BSEC slaps two-year lock-in on Robi employees' shares

FE Report 2020-10-18 09:29:35

The securities regulator has imposed a two-year lock-in on Robi Axiata's shares which will be allotted to its employees. The Bangladesh Securities and Exchange Commission (BSEC) has mentioned the loc...

European shares bounce back from two-week lows

European shares bounce back from two-week lows

-- 2020-10-16 14:20:55

European shares bounced from two-week lows on Friday but were still set for weekly losses after a sell-off that was marked by fears of a second wave of COVID-19 infections, Brexit-related uncertainty...

Stocks rebound amid low turnover

Stocks rebound amid low turnover

FE ONLINE REPORT 2020-10-15 15:44:41

Stocks rebounded on Thursday, after remaining flat in the previous session, as optimistic investors showed their buying appetite on sector-specific issues. DSEX, the prime index of the Dhaka Stock Ex...

Mercantile Bank to issue Tk 7.0b Perpetual Bond

Mercantile Bank to issue Tk 7.0b Perpetual Bond

FE ONLINE REPORT 2020-10-15 12:13:21

The board of directors of Mercantile Bank Limited (MBL) has decided to issue Perpetual Bond up to Tk 7.0 billion, said an official disclosure on Thursday. The bank will issue the bond for raising fun...

ACME launches Zolpidem tablet in the US market

ACME launches Zolpidem tablet in the US market

FE ONLINE REPORT 2020-10-15 10:57:35

The ACME Laboratories, the country’s oldest pharmaceutical company, has informed that they had launched Zolpidem (5 mg. and 10 mg.) tablet in the US market through contact manufacturing. The ph...