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The Financial Express

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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...

Taxpayers' money to be sought to restructure ICB

Taxpayers' money to be sought to restructure ICB

FE Report 2021-02-23 08:40:05

Foreign investors have evinced interest to invest in the country's large projects including power plants. Their interest came following the securities regulator's presentation recently made at its...

DSE turnover hits seven-month low

DSE turnover hits seven-month low

FE ONLINE REPORT 2021-02-22 17:16:07

The daily trade turnover on the prime bourse fell below Tk 5.0 billion-mark on Monday, hitting a seven-month low, as most investors were reluctant to make fresh investment in stocks. Turnover, a cruc...

Stocks plunge at opening amid lackluster trade

Stocks plunge at opening amid lackluster trade

FE ONLINE REPORT 2021-02-22 11:41:40

Stocks nosedived in early trading on Monday as investors continued their sell-offs on sector-wise issues amid persistently lackluster trade. Following the previous week’s downward trend, the Dh...

BSEC sees no need of new provision in Companies Act

BSEC sees no need of new provision in Companies Act

Mohammad Mufazzal 2021-02-21 09:08:55

The securities regulator sees no bar in implementing its directive recently issued to settle investors' claims for unclaimed or unpaid or unsettled dividends. It also finds no need of introducing a...

eGeneration appoints three new independent directors

eGeneration appoints three new independent directors

FE Online Desk 2021-02-20 14:15:10

Md Eshaque Ali Khondakar, FCA, Dr Mohammed Shafiul Alam Khan, Dr Md Musfiqur Rahman, FCMA have been appointed as independent directors to the Board of Directors of eGeneration Limited, according to a...

Baraka Patenga IPO shares bidding begins Monday

Baraka Patenga IPO shares bidding begins Monday

FE REPORT 2021-02-20 10:46:14

Baraka Patenga Power's bidding to explore the cut-off price of its IPO shares is set to begin on Monday (February 22), aiming to raise Tk 2.25 billion under the book-building method. The bidding - a...

25 banks invest Tk 10.33b in capital market

25 banks invest Tk 10.33b in capital market

MOHAMMAD MUFAZZAL 2021-02-19 08:21:48

As many as 25 banks have so far invested Tk 10.33 billion in the capital market in a bid to prop it up in response to the Bangladesh Bank's circular issued last year when the market remained volatile....

Stocks extend losses amid dull trade

Stocks extend losses amid dull trade

FE Online Report 2021-02-18 15:53:41

Stocks extended the losing streak for the third straight session on Thursday amid persistently lacklustre trade. The market swung between negative and positive several times during the trading sessio...

eGeneration makes debut Tuesday

eGeneration makes debut Tuesday

FE ONLINE REPORT 2021-02-18 13:08:15

eGeneration, one of the leading IT consulting and software solution companies in Bangladesh, will make its share trading debut on February 23 (Tuesday) under the “N” category, officials sa...

BD Finance declares 6.0pc cash, 6.0pc stock dividend

BD Finance declares 6.0pc cash, 6.0pc stock dividend

FE ONLINE REPORT 2021-02-18 12:23:39

The board of directors of BD Finance has recommended 6.0 per cent cash and 6.0 per cent stock dividend for the year ended on December 31, 2020. The final approval of dividend will come during the ann...

Stocks down at opening amid lacklustre trade

Stocks down at opening amid lacklustre trade

FE ONLINE REPORT 2021-02-18 11:44:25

Stocks witnessed marginal fall in the early trading on Thursday as investors continued their sell-offs on sector-wise issues amid persistent lacklustre trading. Following the previous day’s mar...

IDLC Finance declares 35pc cash dividend

IDLC Finance declares 35pc cash dividend

FE ONLINE REPORT 2021-02-18 11:20:12

The board of directors of IDLC Finance has recommended a 35 per cent cash dividend for the year ended on December 31, 2020. The final approval of dividend will come during the annual general meeting...

IPDC recommends 12pc cash dividend

IPDC recommends 12pc cash dividend

FE ONLINE REPORT 2021-02-18 11:02:54

The board of directors of IPDC Finance has recommended 12 per cent cash dividend for the year ended on December 31, 2020. The final approval of dividend will come during the annual general meeting (A...

Nasdaq falls as big tech slides

Nasdaq falls as big tech slides

-- 2021-02-18 10:50:42

The Nasdaq closed lower while the S&P 500 was little changed on Wednesday as investors rotated out of technology shares and concerns about inflation added some pressure on stocks. The Dow Jones I...

Lub-rref to hold IPO lottery draw February 23

Lub-rref to hold IPO lottery draw February 23

FE REPORT 2021-02-18 10:13:23

Lub-rref (Bangladesh), a local lubricant producer, is set to hold initial public offering (IPO) lottery draw on February 23 to allocate 45.24 million ordinary shares. The IPO subscription of Lub-rref...

Elon Musk's SpaceX raises $850 million in fresh funding

Elon Musk's SpaceX raises $850 million in fresh funding

Reuters 2021-02-17 13:57:15

Tesla boss Elon Musk’s SpaceX completed an equity funding round of $850 million that sent its valuation to about $74 billion last week, according to a CNBC report run by Reuters on Tuesday. Spa...

Stocks open mixed amid choppy trading

Stocks open mixed amid choppy trading

FE ONLINE REPORT 2021-02-17 11:34:35

Stocks witnessed a mixed trend in the early trading on Wednesday as investors mostly followed a cautious stance amid lack of clear direction. Following the previous day’s marginal fall, the Dha...