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Asian shares see mostly lower

Asian shares see mostly lower

-- 2018-02-02 13:56:30

Asian shares were mostly lower Friday as investors evaluated the latest earnings reports while worries about rising US bond yields weighed on sentiment. Japan’s benchmark Nikkei 225 sank 0.7 pe...

Indian shares tumble on budget woes

Indian shares tumble on budget woes

-- 2018-02-02 13:50:25

Indian shares tumbled on Friday as the long-term capital gains tax on equities investments dampened the investors’ sentiment. The weak sentiment came a day after the government unveiled its bud...

SE Asian stocks nudge higher

SE Asian stocks nudge higher

-- 2018-02-02 13:41:00

Southeast Asian stock markets nudged higher on Friday with the Philippines heading for its first gain in four sessions, while Singapore slipped for a third day in four. The Philippine Stock Exchange...

S Korean stocks fall to two-week lows

S Korean stocks fall to two-week lows

-- 2018-02-02 13:35:24

South Korean stocks fell to two-week lows on Friday, while the Korean won skidded to its lowest in six weeks. Bond yields rose. Both the benchmark index and the currency were hammered by heavy foreig...

Hong Kong stocks nearly flat

Hong Kong stocks nearly flat

-- 2018-02-02 12:42:45

Hong Kong stocks were nearly flat on Friday while, the Hang Seng Index was down 0.01 per cent at 32,640.12. The sub-index of the Hang Seng index tracking energy shares rose 2.7 per cent while the...

China shares extend losses

China shares extend losses

-- 2018-02-02 12:39:12

China stocks extended losses on Friday as investors booked profits after recent sharp gains, with the Shanghai benchmark index poised for their worst weekly losses in nearly two years. At 04:03 GMT,...

New Zealand shares tick up

New Zealand shares tick up

-- 2018-02-02 12:22:10

New Zealand shares ticked up on Friday, helped by a rise in materials and industrials. The benchmark S&P/NZX 50 index rose 0.1 per cent or 5.39 points to 8,389.260, on track to add 1.0 per cen...

ASX rises on energy, materials

ASX rises on energy, materials

-- 2018-02-02 12:19:44

Australian shares ticked up on Friday as energy and materials stocks firmed on higher oil and iron ore prices. The S&P/ASX 200 index rose 0.3 per cent or 20.80 points to 6,110.90 by 0113 GMT. The...

Eight businessmen, two cos get acquittal in 1996 share scam

Eight businessmen, two cos get acquittal in 1996 share scam

FE Report 2018-02-02 12:07:22

The special tribunal on capital market acquitted eight businessmen and two companies in two cases related to 1996 stock market scam on Thursday, jurists said. Earlier, the cases were filed against th...

Queen South Textile allocates 15m shares thru IPO lottery

Queen South Textile allocates 15m shares thru IPO lottery

FE Report 2018-02-02 11:01:44

The Queen South Textile Mills Limited allocated 15 million ordinary shares among successful applicants through IPO (initial public offering) lottery draw on Thursday. The lottery draw was held at t...

EPS of Far East Knitting rises 19pc

EPS of Far East Knitting rises 19pc

Mohammad Mufazzal 2018-02-02 10:50:26

Far East Knitting & Dyeing Industries (FEKDI), a listed company, saw 19 per cent growth in the earnings per share (EPS) for the year ending on June 30, 2017, riding on the wave of increased sale...

Blowout in bond yields rattles Asian stocks

Blowout in bond yields rattles Asian stocks

-- 2018-02-02 10:35:39

The euro neared multi-year peaks on Friday as talk of policy tightening in Europe and expectations that inflation is set to gear higher drove up borrowing costs globally, a move that sparked a sell-of...

Stocks extend losing spell for 3rd day

Stocks extend losing spell for 3rd day

FE Online Report 2018-02-01 16:00:48

Stocks extended the losing streak for the third running session on Thursday amid sluggish trading activities as investors were mostly inactive to put fresh fund on stocks. Dealers said the market m...

Seven more listed cos disclose Q2 EPS

Seven more listed cos disclose Q2 EPS

FE Online Report 2018-02-01 13:51:44

A total of seven more listed companies disclosed their un-audited second quarter (Q2) earnings for October-December period of 2017, according to official disclosures on Thursday. Of them, earnings...

Japanese shares rebound

Japanese shares rebound

-- 2018-02-01 12:24:38

Japanese shares rebounded on Thursday, rebounding from a six-day losing streak and pushing most sectors into positive territory, as a weaker yen and corporate earnings helped drive the markets higher....

Prime Finance First MF approves 8.50pc cash div

Prime Finance First MF approves 8.50pc cash div

FE Online Report 2018-02-01 12:17:53

The trustee committee of the Prime Finance First Mutual Fund has approved 8.50 per cent cash dividend for the year ended on December 31, 2017, said an official disclosure on Thursday. The record da...

Asian shares mixed after Fed holds rates

Asian shares mixed after Fed holds rates

-- 2018-02-01 11:02:52

Asian share markets were mixed on Thursday, after the US Federal Reserve left its benchmark interest rate unchanged. Tokyo stocks rose as the yen weakened against the US dollar. Chinese markets dec...

Core index sees biggest single-day fall in one year

Core index sees biggest single-day fall in one year

FE Report 2018-02-01 09:56:13

Stocks witnessed the biggest single-day fall in 12 months Wednesday as worried investors continued heavy sell-offs, fearing further fall. Brokers said the market continued bleeding as panic gripped t...

Islamic Finance and Investment sees visible progress in businesses

Islamic Finance and Investment sees visible progress in businesses

Jubair Hasan 2018-02-01 00:00:00

Efficient human resources and risk managers could make financial institutions (FIs) sustainable through minimising possible risks in various forms, Managing Director and CEO (Chief Executive Officer)...

Net foreign funds in stocks jump 200pc in January

Net foreign funds in stocks jump 200pc in January

FE Online Report 2018-01-31 23:40:31

Net foreign investment in stocks marked a staggering 200 per cent rise month-on-month in January as overseas investors injected fresh funds in Bangladesh’s capital market. Analysts said the net...

Stocks plunge as BB clips ADR limit

Stocks plunge as BB clips ADR limit

FE Online Report 2018-01-31 15:55:38

Stocks suffered a notable correction Wednesday as cautious investors continued their selling spree following the news of slashing the limit of banks’ advance-deposit ratio (ADR). The Banglade...

Intech to subscribe 40pc share of China-BD Tech

Intech to subscribe 40pc share of China-BD Tech

FE Online Report 2018-01-31 13:17:59

The board of directors of Intech Limited has taken a decision to subscribe 40 per cent of the ordinary share capital of China-BD Tech Ltd (proposed), said an official disclosure on Wednesday. The a...

Confidence Cement to invest in new power plant

Confidence Cement to invest in new power plant

FE Online Report 2018-01-31 12:49:12

The board of directors of Confidence Cement Limited has agreed to invest in the new Power Plant Projects located at Bogra, Rangpur and Chittagong, said an official disclosure on Wednesday. The powe...

Japanese stocks fall four weeks low

Japanese stocks fall four weeks low

-- 2018-01-31 12:32:00

Japanese stocks fell to a four-week low on Wednesday morning in choppy trade after falling for five straight days, with most sectors in negative territory. Real estate firms, mining companies and ste...

DSE arranges training programme

DSE arranges training programme

FE Online Desk 2018-01-31 12:22:44

Dhaka Stock Exchange (DSE) is going to arrange a fifteen-day training programme on ‘Financial Statement Analysis’ from February 11. According to DSE website, the programme will be held...

Stocks plunge at opening

Stocks plunge at opening

FE Online Report 2018-01-31 11:39:23

The prices of most of the shares on both bourses saw sharp decline in early hour of trading Wednesday as the central bank slashed the limit of advance-deposit ratio (ADR). The Bangladesh Bank (BB)...

BSEC approves Bashundhara Paper IPO, IDLC Growth Fund application

BSEC approves Bashundhara Paper IPO, IDLC Growth Fund application

FE Report 2018-01-31 10:43:00

The securities regulator has approved the proposal of issuing above 26.04 million IPO shares by the Bashundhara Paper Mills to raise a capital worth Tk 2.0 billion under the book building method. The...

Asia stocks slip

Asia stocks slip

-- 2018-01-31 09:11:50

Asia stocks eased on Wednesday, pulling further back from record highs, as the recent rise in global bond yields weighed on equities. MSCI’s broadest index of Asia-Pacific shares outside Japan...

Bourses return to red territory

Bourses return to red territory

FE Online Report 2018-01-30 16:06:03

Stocks returned to the red territory on Tuesday as investors went to the selling binge amid lower than expected earnings disclosure of some listed companies. Brokers said the market backed to the r...

Asian shares fall after US stocks drop

Asian shares fall after US stocks drop

-- 2018-01-30 13:33:25

Asian share markets dropped on Tuesday after Wall Street slipped to four-month low. Japan’s benchmark languished as the yen firmed against the US dollar. Japan’s Nikkei 225 index lost 1.4...