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Profit booking drags stocks down

Profit booking drags stocks down

FE ONLINE REPORT 2020-09-29 16:04:31

Stocks drifted lower on Tuesday after a single-day break as risk-averse investors opted for booking profits on quick-gaining stocks. The market opened on an upbeat note and the key index of the major...

European shares cautiously dip ahead of Trump-Biden debate

European shares cautiously dip ahead of Trump-Biden debate

-- 2020-09-29 15:41:30

European stock markets opened lower on Tuesday as a rebound in the previous session fizzled out, with investors remaining cautious ahead of the first US presidential debate. The pan-European STOXX 60...

Walmart in talks to invest $25 billion in Tata Group's 'super app'

Walmart in talks to invest $25 billion in Tata Group's 'super app'

Reuters 2020-09-29 15:19:48

Walmart is in talks with Tata Group for a potential investment of up to $25 billion in the Indian salt-to-software conglomerate’s new “super app”, the Mint newspaper reported on Tues...

BSEC revises margin loan limit

BSEC revises margin loan limit

FE Online Report 2020-09-29 13:04:24

The securities regulator has revised the margin loan limit announced recently based on the movement of the broad index of Dhaka Stock Exchange (DSE). The Bangladesh Securities and Exchange Commission...

Apex Tannery to sign contract with three companies to sell finished leather

Apex Tannery to sign contract with three companies to sell finished leather

FE ONLINE REPORT 2020-09-29 12:46:15

The board of directors of Apex Tannery Limited has decided to enter into a contract with three companies to sell its finished leather. The board has taken the decision to enter into a contract to sel...

Share bidding of Lub-rref (Bangladesh) begins Oct 12

Share bidding of Lub-rref (Bangladesh) begins Oct 12

FE ONLINE REPORT 2020-09-29 11:44:39

Price-bidding for eligible investors (EIs) to fix the cut-off price of shares of Lub-rref (Bangladesh) Ltd, a local lubricant producer, will commence from October 12 at 5:00pm. The Chattogram-based c...

Bourses witness upturn at open

Bourses witness upturn at open

FE ONLINE REPORT 2020-09-29 11:28:11

Stocks witnessed an upward trend in the early hours of trading on Tuesday as optimistic investors were showing appetite on sector-wise issues riding on the news of interest rate cut on stock inve...

Digital submission of IPO proposals in the offing

Digital submission of IPO proposals in the offing

Mohammad Mufazzal 2020-09-29 09:35:13

A specific time-frame of approving IPO proposals will be mentioned in a uniform law. "Presently, a move is underway to bring the activities of the securities regulator and operations of the capital m...

DSE, CSE rebound after single-day break

DSE, CSE rebound after single-day break

FE ONLINE REPORT 2020-09-28 17:27:25

Stocks rebounded in the upbeat note on Monday, after a single-day break, as optimistic investors showed their appetite on selective issues amid high expectations. The market opened on an upbeat note...

Energypac Power’s cut-off price fixed at Tk 35

Energypac Power’s cut-off price fixed at Tk 35

FE ONLINE REPORT 2020-09-28 16:05:09

The cut-off price of Energypac Power Generation shares has been fixed at Tk 35 each through electronic bidding by eligible institutional investors. The Dhaka Stock Exchange (DSE) on Monday disclosed...

Stocks open on firm note

Stocks open on firm note

FE ONLINE REPORT 2020-09-28 11:13:53

Stocks witnessed an upward trend in early hours of trading on Monday as optimistic investors showed appetite on sector-wise issues amid high expectations. Following the previous day’s marginal...

Energypac eyes bigger footprint in autogas industry

Energypac eyes bigger footprint in autogas industry

BABUL BARMAN 2020-09-28 09:58:44

Energypac Power Generation Limited (EPGL), one of the leading power engineering companies in Bangladesh, is set to invest more in LPG business from its IPO proceeds to grab a significant share of the...

BSEC probe suggests DSE OMS upgrade

BSEC probe suggests DSE OMS upgrade

 FE REPORT 2020-09-28 09:34:37

The probe committee of the securities regulator has made a set of recommendations including upgrading OMS (order management system) for smooth execution of trading on Dhaka Stock Exchange (DSE). The...

Pragati Life Insurance holds 20th AGM

Pragati Life Insurance holds 20th AGM

-- 2020-09-27 17:47:29

The 20th Annual General Meeting (AGM) of Pragati Life Insurance Limited held on Sunday.  The chairman of the company Khalilur Rahman presided over the meeting online.   The shareholders un...

Stocks slip into red after volatile trading

Stocks slip into red after volatile trading

FE ONLINE REPORT 2020-09-27 15:55:19

Stocks slipped into the red on Sunday, after remaining flat in the past two trading sessions, as late hours sell-offs wiped off early gains. The market opened on an upbeat note and the key index rose...

Ring Shine Textiles shuts for one month as orders decline

Ring Shine Textiles shuts for one month as orders decline

FE ONLINE REPORT 2020-09-27 13:59:48

The management of the Ring Shine Textiles Ltd has decided lay off of the factory for one month time up to October 25, 2020. Due to worldwide impact of prevailing Covid-19 pandemic, declining orders f...

Trust Bank to issue Tk 4.0b subordinated bond

Trust Bank to issue Tk 4.0b subordinated bond

FE Online Report 2020-09-27 12:48:28

The board of directors of Trust Bank Limited has approved the issuance of fully redeemable non-convertible unsecured subordinated bond worth Tk 4.0 billion only to strengthen the capital base. The is...

Stocks rise after central bank reduces repo rate

Stocks rise after central bank reduces repo rate

FE ONLINE REPORT 2020-09-27 11:21:12

Stocks witnessed upward trend in early hours of trading on Sunday as optimistic investors showed appetite on sector-wise issues riding on the news of interest rate cut on stock investment fund. Bangl...

Sukuk requires legal framework before Bangladesh launching, say stakeholders

Sukuk requires legal framework before Bangladesh launching, say stakeholders

FE REPORT 2020-09-27 10:35:24

Sukuk, a sharia-compliant bond-like instrument used in Islamic finance, can play a vital role in financing infrastructure projects in Bangladesh, speakers told a webinar on Saturday. Islamic banks ha...

Walton jumps 125pc in two days

Walton jumps 125pc in two days

FE REPORT 2020-09-25 10:02:24

Walton Hi-Tech Industries, which made its trading debut on Wednesday, continued to soar, with its share price climbing 50 per cent-the highest allowable limit-for the second straight session on Thursd...

Stocks post marginal gain after bumpy ride

Stocks post marginal gain after bumpy ride

FE ONLINE REPORT 2020-09-24 15:51:31

Stocks posted a marginal gain on Thursday after volatile trading as investors were active on both sides of the trading fence. DSEX, the prime index of the Dhaka Stock Exchange (DSE), settled at 4,978...

Stocks meander up at opening

Stocks meander up at opening

FE ONLINE REPORT 2020-09-24 11:06:05

Stocks witnessed choppy trading in early hours of trading on Thursday as investors were active on both sides of the trading fence. Meanwhile, Walton Hi-Tech Industries shares continued to soar as its...

Asian shares tumble amid global uncertainties

Asian shares tumble amid global uncertainties

REUTERS 2020-09-24 10:51:31

Asian shares fell on Thursday following a slump on Wall Street overnight, as a series of warnings from US Federal Reserve officials underscored investor worries over the resilience of the economic rec...

Walton Hi-Tech makes stellar debut

Walton Hi-Tech makes stellar debut

FE REPORT 2020-09-24 10:17:02

Walton Hi-Tech Industries made a flying trading debut on Wednesday as its shares price jumped 50 per cent -- the highest allowable limit, riding on investors' 'irrational hype' over the new issue. Th...

Robi gets nod to raise Tk 5.2b through IPO

Robi gets nod to raise Tk 5.2b through IPO

-- 2020-09-23 18:43:36

Robi, the second-largest mobile network operator in Bangladesh, has been given the green light to raise Tk 5.2 billion from the capital market through an initial public offering (IPO) to expand its ne...

Stocks end nearly flat after choppy trading

Stocks end nearly flat after choppy trading

FE ONLINE REPORT 2020-09-23 16:07:58

Stocks ended almost flat on Wednesday as investors were active on both sides of the trading fence throughout the session. DSEX, the prime index of the Dhaka Stock Exchange (DSE), settled at 4,972, ad...

India's Reliance raises $22.43b from stake sales

India's Reliance raises $22.43b from stake sales

Reuters 2020-09-23 14:19:34

Reliance Industries Ltd, controlled by Asia's richest man Mukesh Ambani, has raised 1.65 trillion rupees ($22.43 billion) over the past few months through stake sales at its digital unit Jio Platforms...

Asian stocks struggle despite Wall Street gains, dollar rise

Asian stocks struggle despite Wall Street gains, dollar rise

Reuters 2020-09-23 12:22:46

Asia’s stock markets struggled to emulate Wall Street’s rebound on Wednesday as persistent worries about the global economic recovery kept investors cautious, while ebbing inflation expect...

Stocks open higher after four-day correction

Stocks open higher after four-day correction

FE ONLINE REPORT 2020-09-23 11:45:55

Stocks witnessed upward trend in early trading on Wednesday as optimistic investors are showing appetite on sector-wise issues after four-day correction. Meanwhile, Walton Hi-Tech Industries made a f...

National Housing Finance and Investments elects Mahbubur Rahman Chairman, Altaf Hussain Vice Chairman

National Housing Finance and Investments elects Mahbubur Rahman Chairman, Altaf Hussain Vice Chairman

-- 2020-09-23 11:01:47

The Board of Directors of National Housing Finance and Investments Limited in its 219th meeting held recently elected Mahbubur Rahman as Chairman and Syed M. Altaf Hussain as vice chairman of the co...