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The Financial Express

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Asian stocks rise to record high on Biden stimulus hopes

Asian stocks rise to record high on Biden stimulus hopes

Reuters 2021-01-21 13:50:49

Asian stocks scaled to record highs on Thursday as investors were hopeful the incoming Biden administration will be able to secure passage of a massive new stimulus package to cushion the economic dam...

Stocks rise at opening amid volatility

Stocks rise at opening amid volatility

FE Online Report 2021-01-21 11:22:18

Stocks on both the bourses witnessed a positive note amid continued volatility in the early trading on Thursday as investors remained mostly busy booking profits with cautious positioning. Following...

Wall Street bounce, upbeat earnings lift European stocks

Wall Street bounce, upbeat earnings lift European stocks

Reuters 2021-01-21 10:50:22

European stocks rose on Wednesday after Dutch chip equipment maker ASML and Swiss luxury group Richemont gave encouraging earnings updates, while investors hoped for a large US stimulus plan as Joe Bi...

Baraka Patenga Power share bidding to begin February 15

Baraka Patenga Power share bidding to begin February 15

FE REPORT 2021-01-21 09:26:11

Baraka Patenga Power's bidding to explore the cut-off price of its shares will commence on February 15 which will raise Tk 2.25 billion under the book-building method. The power generation company's...

Stocks post slight gain after bumpy ride

Stocks post slight gain after bumpy ride

FE ONLINE REPORT 2021-01-20 16:27:11

Stocks posted a marginal gain on Wednesday after choppy trading as investors booked profits with cautious positioning. The market swung between positive and negative in the very beginning due to pers...

Stocks open higher amid low trading

Stocks open higher amid low trading

FE ONLINE REPORT 2021-01-20 11:28:18

Stocks on both the bourses witnessed an upward trend in the early trading on Wednesday as bargain hunters continued to put fresh bets on sector-wise issues. Following the previous day’s margina...

Goldman Sachs profit more than doubles

Goldman Sachs profit more than doubles

Reuters 2021-01-20 10:42:25

Goldman Sachs Group dwarfed Wall Street estimates as its fourth-quarter profit more than doubled, powered by another blowout performance at its trading business and a surge in fees from underwriting a...

Dhaka Stock Exchange asked to set out 10-year business plan

Dhaka Stock Exchange asked to set out 10-year business plan

FE REPORT 2021-01-20 08:40:11

The securities regulator has sought a 'comprehensive' business plan of ten years from the Dhaka Stock Exchange (DSE). The regulatory instruction came Tuesday at a meeting held at the office of the...

Stocks edge up after bumpy ride on Tuesday

Stocks edge up after bumpy ride on Tuesday

FE ONLINE REPORT 2021-01-19 16:12:41

Stocks edged higher on Tuesday, snapping a two-day losing streak, as bargain hunters showed their appetite on sector specific issues. DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up...

Dhaka stocks down at opening

Dhaka stocks down at opening

FE ONLINE REPORT 2021-01-19 11:03:28

Stocks on Dhaka bourse witnessed a downward trend in the early trading on Tuesday as risk-averse investors continued their profit booking sell-offs on quick-gaining stocks. However, Energypac Power G...

Stocks down in early trading

Stocks down in early trading

FE ONLINE REPORT 2021-01-18 11:04:58

Stocks on both the bourses witnessed a downward trend in the early trading on Monday as many investors freed some funds to take positions on the new issue -- Energypac Power Generation. Energypac Pow...

Energypac Power makes trading debut Tuesday

Energypac Power makes trading debut Tuesday

FE ONLINE REPORT 2021-01-18 10:53:42

Energypac Power Generation will make its shares trading debut on Dhaka Stock Exchange and Chittagong Stock Exchange under the “N” category on Tuesday. The DSE trading code for Energypac P...

Desh General's IPO subscription to begin February 14

Desh General's IPO subscription to begin February 14

FE REPORT 2021-01-18 09:04:32

The IPO subscription of Desh General Insurance will open on February 14, aiming to raise Tk 160 million under the fixed price method. The company's initial public offering (IPO) subscription will b...

Stocks slump on profit booking

Stocks slump on profit booking

FE ONLINE REPORT 2021-01-17 16:05:35

Stocks ended lower on Sunday, after a single-day break, as risk-averse investors booked profits on quick-gaining stocks. DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 58.87 po...

Bourses open week on higher note

Bourses open week on higher note

FE ONLINE REPORT 2021-01-17 11:02:18

Stocks on both the bourses witnessed an upward trend in the early trading on Sunday amid rising trading activities as investors were putting fresh bets on the market amid high hopes. Following the pr...

Stock market needs big players for healthy growth, not bull run

Stock market needs big players for healthy growth, not bull run

FE REPORT 2021-01-17 10:35:55

Country's stock market does need the listing big companies with strong fundamentals to help deepen and widen its base and reduce speculation-based trading, speakers told a webinar on Saturday. They a...

IPO subscription of Desh General Insurance to begin Feb 14

IPO subscription of Desh General Insurance to begin Feb 14

FE ONLINE REPORT 2021-01-17 10:29:03

The IPO subscription of Desh General Insurance will open on February 14, aiming to raise Tk 160 million under the fixed price method. The company’s initial public offering (IPO) subscription wi...

SEC chairman warns against market manipulation

SEC chairman warns against market manipulation

-- 2021-01-16 19:48:05

Shibli Rubayat-Ul-Islam, chairman of Bangladesh Securities and Exchange Commission, has warned against market manipulation, saying that anyone trying to play dirty will get caught easily. “If s...

DSE witnesses milestone in stock trading

DSE witnesses milestone in stock trading

FE Report 2021-01-16 09:38:38

Dhaka bourse closed the week setting a milestone in market capital capitalisation riding on investors' enthusiastic participation in large cap sectors. Following the price appreciation witnessed by m...

DSE market capitalisation crosses Tk 5.0-tn mark

DSE market capitalisation crosses Tk 5.0-tn mark

FE Report 2021-01-15 09:23:17

The market capitalisation of the Dhaka Stock Exchange (DSE) crossed Tk 5.0 trillion on Thursday, hitting an all-time high following the price appreciation witnessed by the majority number of listed se...

Bangladesh to export bandwidth to Saudi Telecom

Bangladesh to export bandwidth to Saudi Telecom

-- 2021-01-14 10:36:06

The Bangladesh Submarine Cable Company Limited (BSCCL) is set to export 600 Gbps (gigabits per second) bandwidth worth $3.6 million to the Saudi Telecom. The capacity will be transferred from the w...

Stock market regulator halts 'manipulation' probe as key index falls

Stock market regulator halts 'manipulation' probe as key index falls

FE Report 2021-01-14 09:27:36

Only a day after its issuance, the securities regulator on Wednesday deferred the execution of its order to investigate the reasons for the "abnormal" hike in share prices, trade volumes, and earnings...

BSEC orders probe into abnormal share price fluctuation

BSEC orders probe into abnormal share price fluctuation

-- 2021-01-13 19:02:29

Bangladesh Securities and Exchange Commission (BSEC) has ordered the two bourses of the country to find out the reasons behind fluctuation of prices of some shares by over 50 per cent in the past one...

Twitter tumbles after Trump ban

Twitter tumbles after Trump ban

Reuters 2021-01-12 09:27:11

Twitter’s stock tumbled over 6 per cent in the early trading on Monday (US standard time) after its move to permanently suspend US President Donald Trump’s widely-followed account spurred...

Tesla market value crosses $800b

Tesla market value crosses $800b

Reuters 2021-01-09 11:43:00

Shares of Tesla jumped as much as 5.6 per cent on Friday, pushing the electric-car maker’s market capitalisation to more than $800 billion for the first time ever and inching closer to the trill...

Stock market investors enthusiastic in new year

Stock market investors enthusiastic in new year

FE Report 2021-01-09 10:50:14

Dhaka bourse welcomed the year 2021 with a robust start as investors' active participations added 220 points to the broad index which posted the highest single week gain since August 16, 2020. The...

NYSE to delist three Chinese telecoms

NYSE to delist three Chinese telecoms

Reuters 2021-01-07 10:48:18

The New York Stock Exchange said on Wednesday it will delist three Chinese telecom companies, confirming its latest U-turn on the matter a day after US Treasury Secretary Steve Mnuchin told the NYSE c...

PayPal-founded Affirm aims for over $9b valuation in US IPO

PayPal-founded Affirm aims for over $9b valuation in US IPO

-- 2021-01-06 13:57:57

Affirm Holdings Inc, founded by PayPal Holdings Inc co-founder Max Levchin, is aiming for a valuation of over $9 billion in its initial public offering, the lending startup said in a filing on Tuesday...

IPO subscription of NRBC Bank to open February 3

IPO subscription of NRBC Bank to open February 3

FE REPORT 2021-01-06 09:02:01

The initial public offering (IPO) subscription of NRB Commercial Bank is set to begin on February 3, aiming to raise Tk 1.20 billion through IPO under the fixed price method. The bank's IPO subscri...

Dhaka Stock Exchange daily turnover hits 10-year high

Dhaka Stock Exchange daily turnover hits 10-year high

FE REPORT 2021-01-06 08:52:06

Daily trade turnover on the Dhaka Stock Exchange (DSE) climbed to more than 10 years high on Tuesday, since the country's stock market had developed bubbles that soon burst in 2010. Turnover, a cru...