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The Financial Express

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Nitol Insurance declares 10pc cash dividend

Nitol Insurance declares 10pc cash dividend

FE ONLINE REPORT 2021-04-19 11:39:30

The board of directors of Nitol Insurance Company has recommended a 10 per cent cash dividend for the year ended on December 31, 2020. The final approval of the dividend will come during the annual g...

Stocks rise at opening despite lockdown

Stocks rise at opening despite lockdown

FE ONLINE REPORT 2021-04-19 11:05:34

Stocks open higher on Monday, maintaining the past four days’ gaining streak, as bargain hunters remained active on sector-wise lucrative issues despite lockdown. However, the presence of inves...

Share prices of two insurers soaring sans PSI

Share prices of two insurers soaring sans PSI

FE REPORT 2021-04-19 10:23:21

The share prices of two non-life insurers --- Desh General Insurance Company and Federal Insurance Company - are soaring without having any undisclosed price sensitive information (PSI). Share price...

Stocks extend gaining streak despite lockdown

Stocks extend gaining streak despite lockdown

FE Online Report 2021-04-18 15:36:15

Stocks extended the gaining streak for the fourth straight session on Sunday despite ongoing countrywide lockdown. The market witnessed high volatility in the first half of the day’s session as...

Stocks open mixed trend amid lockdown

Stocks open mixed trend amid lockdown

FE ONLINE REPORT 2021-04-18 11:11:27

Stocks witnessed volatility in early trading on Sunday after three days' rally, as cautious investors opted for booking quick-profits on sector-wise issues amid the ongoing lockdown. Presence of inve...

BSEC sees no complications in issuing IPO shares among employees of two companies

BSEC sees no complications in issuing IPO shares among employees of two companies

MOHAMMAD MUFAZZAL 2021-04-18 10:26:47

The officials of the securities regulator see no complications in issuing IPO (initial public offering) shares among the employees of two companies which recently have received the regulatory approval...

Stocks snap four-week losing streak despite lockdown

Stocks snap four-week losing streak despite lockdown

BABUL BARMAN 2021-04-17 15:03:43

Stocks rebounded in the outgoing week, snapping a four weeks losing streak, as bargain hunters took benefit of the low prices of shares despite 'strict' lockdown and reduced trading hours. However, p...

ADN Telecom's IPO fund utilisation time extended

ADN Telecom's IPO fund utilisation time extended

REUTERS 2021-04-17 12:50:42

ADN Telecom has informed that the Bangladesh Securities and Exchange Commission (BSEC) has approved its application for alteration and the time extension of utilisation schedule of IPO proceeds. The...

Stocks extend winning streak despite strict lockdown

Stocks extend winning streak despite strict lockdown

FE ONLINE REPORT 2021-04-15 15:07:48

Stocks extended the winning streak amid the shortened trading hours on Thursday despite the ongoing strict lockdown across the country. The government enforced a seven-day fresh lockdown from April 1...

Stocks rise at opening as trading resumes amid lockdown

Stocks rise at opening as trading resumes amid lockdown

FE ONLINE REPORT 2021-04-15 10:52:21

The market opened higher on Thursday as stock trading resumed on a limited scale in line with the banking hours amid the countrywide strict lockdown. Instead of the regular four hours, the trading wi...

EU regulators set July 27 deadline for decision on Aon, Willis deal

EU regulators set July 27 deadline for decision on Aon, Willis deal

Reuters 2021-04-14 14:41:23

European Union antitrust regulators have extended until July 27 the deadline for their decision on Aon’s $30 billion bid for rival Willis Towers Watson, a European Commission filing showed on We...

DSE adds three new companies to core index

DSE adds three new companies to core index

FE REPORT 2021-04-14 10:15:57

The Dhaka Stock Exchange (DSE) has added three newly listed companies to its Broad Index (DSEX) as they met all the criteria of quarterly IPO addition. The companies are Robi Axiata, Energypac Powe...

Insurance broker Aon's EU concessions for $30b Willis bid may not be enough

Insurance broker Aon's EU concessions for $30b Willis bid may not be enough

Reuters 2021-04-14 08:41:53

Insurance broker Aon’s offer to sell assets in five EU countries and takeover target Willis Towers Watson’s reinsurance arm may not be enough to address EU competition concerns, people fam...

Stocks soar beating strict lockdown worries

Stocks soar beating strict lockdown worries

FE Online Report 2021-04-13 16:35:18

Stocks soared on Tuesday, defeating worries of the seven-day strict-lockdown, as bargain hunters continued to put fresh bets on low-priced lucrative issues. The stock market will remain shut during...

Eastern Bank declares 17.50pc cash, 17.50pc stock dividend

Eastern Bank declares 17.50pc cash, 17.50pc stock dividend

FE ONLINE REPORT 2021-04-13 12:22:07

The board of directors of Eastern Bank has recommended 17.50 per cent cash and 17.50 per cent stock dividend for the year ended on December 31, 2020. The final approval of the dividend will come duri...

CSE extends timeframe for applying for new TREC licence until May 30

CSE extends timeframe for applying for new TREC licence until May 30

FE REPORT 2021-04-13 12:17:46

The Chittagong Stock Exchange (CSE) has extended the timeframe for applying for new TREC licence from the port city's bourse by one and half months until May 30. The board of directors of CSE has d...

Stocks slide at opening as market to remain closed during lockdown

Stocks slide at opening as market to remain closed during lockdown

FE ONLINE REPORT 2021-04-13 11:08:50

Stocks opened marginally lower on Tuesday after witnessing a modest rise the previous day riding on the news of stock market closure during the forthcoming lockdown. Trading and settlement activities...

Pubali Bank declares 12.50pc cash dividend for 2020

Pubali Bank declares 12.50pc cash dividend for 2020

FE Online Report 2021-04-13 10:34:43

The board of directors of Pubali Bank has recommended 12.50 per cent cash dividend for the year ended on December 31, 2020. The final approval of the dividend will come during the annual general meet...

Brac Bank declares 10pc cash, 5.0pc stock dividend

Brac Bank declares 10pc cash, 5.0pc stock dividend

FE ONLINE REPORT 2021-04-13 10:34:20

The board of directors of Brac Bank has recommended 10 per cent cash and 5.0 per cent stock dividend for the year ended on December 31, 2020. The final approval of the dividend will come during the a...

Asian markets cautious ahead of US earnings and inflation data

Asian markets cautious ahead of US earnings and inflation data

Reuters 2021-04-13 08:18:56

Asia share markets were cautious on Tuesday after US markets weakened as investors anticipated the start of corporate earnings seasons and the release of key inflation data to indicate how the global...

Stocks rise at opening on bargain hunting

Stocks rise at opening on bargain hunting

FE ONLINE REPORT 2021-04-12 11:01:32

Stocks witnessed an upward trend on Monday after a sharp fall in the past two days as bargain hunters were mostly active on sector-wise lucrative issues. Meanwhile, the bourses have extended the trad...

Bourses extend trading time by 30 minutes to 12:30 pm

Bourses extend trading time by 30 minutes to 12:30 pm

FE ONLINE REPORT 2021-04-12 10:33:21

The Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) have extended the trading time by 30 minutes in line with the banking hours effective from today (Monday). Trading on the DSE an...

Islamic Finance declares 10pc cash dividend

Islamic Finance declares 10pc cash dividend

FE Online Report 2021-04-12 10:30:59

The board of directors of Islamic Finance & Investment has recommended a 10 per cent cash dividend for the year ended on December 31, 2020. The final approval of the dividend will come during the...

Microsoft in talks to buy AI firm Nuance Communications for 16b

Microsoft in talks to buy AI firm Nuance Communications for 16b

Reuters 2021-04-12 09:15:10

Microsoft Corp is in advanced talks to buy artificial intelligence and speech technology company Nuance Communications Inc at about $16 billion, according to a source familiar with the matter. The pr...

Linde Bangladesh declares 400pc cash dividend

Linde Bangladesh declares 400pc cash dividend

FE Online Report 2021-04-11 11:48:43

The board of directors of Linde Bangladesh has recommended a 400 per cent cash dividend for the year ended on December 31, 2020. The final approval of the dividend will come during the annual general...

Stocks open sharply lower

Stocks open sharply lower

FE ONLINE REPORT 2021-04-11 11:46:02

Stocks opened sharply lower on Sunday as risk-averse investors dumped their holdings following the strict lockdown news ahead and withdrawal of floor price restriction for 66 issues. The market fell...

Eastland Insurance recommends 10pc dividend

Eastland Insurance recommends 10pc dividend

FE Online Report 2021-04-11 11:36:46

The board of directors of Eastland Insurance Company has recommended 7.0 per cent cash and 3.0 per cent stock dividend for the year ended on December 31, 2020. The final approval of the dividend will...

Price erosion ceiling for 66 listed securities reduced

Price erosion ceiling for 66 listed securities reduced

FE REPORT 2021-04-11 11:11:12

The securities regulator has reduced the price erosion ceiling for 66 listed securities to avert the impact of their price fall on the benchmark index amid the ongoing lockdown. As per the regulatory...

Uttara Bank declares 12.5pc cash, 12.5pc stock dividend

Uttara Bank declares 12.5pc cash, 12.5pc stock dividend

FE Online Report 2021-04-11 10:56:10

The board of directors of Uttara Bank has recommended 12.50 per cent cash and 12.50 per cent stock dividend for the year ended on December 31, 2020. The final approval of the dividend will come durin...

Capital market to follow banking sector's ‘lead’ during lockdown, BSEC says

Capital market to follow banking sector's ‘lead’ during lockdown, BSEC says

-- 2021-04-10 18:40:11

The capital market will continue its operation in the interest of investors in any situation during the Covid-19 pandemic if the banking activities continue. The Bangladesh Securities and Exchange Co...