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The Financial Express

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DSEX exceeds 4,500-mark on buying spree

DSEX exceeds 4,500-mark on buying spree

FE ONLINE REPORT 2020-08-09 16:15:20

The prime index of the Dhaka Stock Exchange (DSE) crossed the 4,500-mark on Sunday, after more than five months amid soaring turnover, as enthusiastic investors put fresh stakes on stocks. DSEX, the...

Two more life insurers declare dividend

Two more life insurers declare dividend

FE Online Report 2020-08-09 12:19:05

The boards of directors of two more life insurers have recommended cash dividend for the year ended on December 31, 2019. The companies are National Life Insurance Company and Sandhani Life Insurance...

Stocks open on flying note

Stocks open on flying note

FE ONLINE REPORT 2020-08-09 11:32:24

Stocks witnessed a sharp rise in the early trading on Sunday as optimistic investors were showing their buying spree on large-cap issues encouraged by the securities regulator’s tough action on...

BSEC cracks down on faking financials

BSEC cracks down on faking financials

MOHAMMAD MUFAZZAL 2020-08-09 09:18:27

The securities regulator has stepped up its effort to combat the practice of submitting IPO (initial public offering) proposals with doctored financial statements. As part of the campaign, the Bangla...

City Bank’s business grows amid Covid-19

City Bank’s business grows amid Covid-19

FE Online Desk 2020-08-08 19:38:01

City Bank Ltd, one of the first generation PCBs faced challenges to grow its business during first half of year due to capping on lending rate amid the havoc like Covid-19. However, having strong gro...

Weekly review: Stocks continue gaining amid growing optimism

Weekly review: Stocks continue gaining amid growing optimism

BABUL BARMAN 2020-08-08 10:47:50

Stocks extended the winning streak for the seventh consecutive week that ended on Thursday as enthusiastic investors showed their buying spree on sector-wise issues throughout the week riding on new h...

Proposal of determining cut-off price of Energypac Power approved

Proposal of determining cut-off price of Energypac Power approved

FE Report 2020-08-07 09:55:47

The securities regulator has approved the proposal of determining cut-off price of the shares of Energypac Power Generation Limited (EPGL) as part of the process of offloading shares under book buildi...

Prime Bank sees 'robust financial strength' in H1

Prime Bank sees 'robust financial strength' in H1

FE DESK REPORT 2020-08-07 09:43:54

Prime Bank Limited has announced its half yearly (H1) financial results of 2020. "The bank has been able to maintain capital adequacy and liquidity position within regulatory threshold and well ahead...

Dhaka Bank approves 5.0pc cash and 5.0pc stock dividend

Dhaka Bank approves 5.0pc cash and 5.0pc stock dividend

FE DESK REPORT 2020-08-07 09:41:38

The 25th Annual General Meeting (AGM) of Dhaka Bank Limited was held on Thursday on a digital platform according to Bangladesh Securities and Exchange Commission's direction amid the Covid-19 pandemic...

BSEC revises panel of auditors

BSEC revises panel of auditors

Mohammad Mufazzal 2020-08-07 09:39:26

The securities regulator has revised the panel of auditors for listed and non-listed companies which submitted IPO proposals dropping Ahmed Mashuque & Co., a chartered accountants firm from the li...

DSE, CSE extend trading time by 30 minutes

DSE, CSE extend trading time by 30 minutes

FE Online Report 2020-08-06 17:39:42

Country’s two bourses – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) have extended the trading time by 30 minutes to be effective from August 9 (Sunday). Trading at the...

Stocks extend winning streak on buying spree

Stocks extend winning streak on buying spree

FE ONLINE REPORT 2020-08-06 15:43:39

Stocks witnessed yet another buoyant session on Thursday, extending the winning streak for the 10 consecutive sessions, as optimistic investors continued their buying binge on large-cap issues amid op...

Runner Auto to sign deal with Bajaj Auto

Runner Auto to sign deal with Bajaj Auto

FE ONLINE REPORT 2020-08-06 11:57:36

The board of directors of Runner Automobiles is going to sign an agreement with Bajaj Auto Ltd for the authorised distributorship of KTM branded Motorcycles in Bangladesh. Bajaj Auto Ltd is one of In...

Bourses open higher with rising turnover

Bourses open higher with rising turnover

FE ONLINE REPORT 2020-08-06 11:24:33

The prices of most of the shares on bourses witnessed upward trend in early hour of trading Thursday as optimistic investors continued their buying appetite on sector-wise issues. Within first 30 min...

Dollar struggles ahead of job figures as investors fret over US recovery

Dollar struggles ahead of job figures as investors fret over US recovery

REUTERS 2020-08-06 11:22:53

The dollar struggled on Thursday under the weight of worries the US economic recovery may lag other countries due to a high level of coronavirus infections, as investors looked to upcoming data on the...

Another IPO cancelled

Another IPO cancelled

FE Report 2020-08-06 09:41:36

The securities regulator has cancelled the IPO (initial public offering) proposal of BD Paints after finding some inconsistencies in the company's financial statement. The incongruities detected in t...

DSEX exceeds 4,300-mark after five months

DSEX exceeds 4,300-mark after five months

FE ONLINE REPORT 2020-08-05 15:38:10

The prime index of the Dhaka Stock Exchange (DSE) crossed the 4,300-mark on Wednesday after five months as optimistic investors continued their buying binge on selective issues riding on new hopes. D...

Eastern Bank declares 15pc cash dividend

Eastern Bank declares 15pc cash dividend

FE Online Desk 2020-08-05 15:15:35

Eastern Bank Ltd (EBL) has declared 15 per cent cash dividend for the year ended on 31 December 2019. Shareholders unanimously approved the dividend at the 28th Annual General Meeting of the Bank hel...

DSEX crosses 4,300-mark in early trading

DSEX crosses 4,300-mark in early trading

FE ONLINE REPORT 2020-08-05 11:34:21

The prices of most of the shares on bourses witnessed positive trend in early hour of trading Wednesday as optimistic investors continued their buying appetite on sector-wise issues. Within first 3...

Aggrieved investors get prompt service from CCAM

Aggrieved investors get prompt service from CCAM

Mohammad Mufazzal 2020-08-05 09:48:16

The securities regulator has settled 90 per cent complaints filed by investors in last six months through online complaint module. Investors lodged a total of 167 complaints through Customer Compla...

Bourses keep gaining on buying spree

Bourses keep gaining on buying spree

FE ONLINE REPORT 2020-08-04 15:25:10

Stocks kept the winning streak for eighth straight sessions Tuesday as investors continued their buying binge on selective large-cap issues after unveiling an expansionary monetary policy. DSEX, the...

S. S. Steel to invest in Saleh Steel Industries

S. S. Steel to invest in Saleh Steel Industries

FE ONLINE REPORT 2020-08-04 12:28:22

The board of directors of S. S. Steel Ltd has decided to make equity investment in Saleh Steel Industries with a view to subscribe 99 per cent of its existing equity shares amounting Tk 247.50 million...

Bourses open on positive note Tuesday

Bourses open on positive note Tuesday

FE ONLINE REPORT 2020-08-04 11:43:39

The prices of most of the shares on bourses witnessed a positive trend in the early hour of trading Tuesday as optimistic investors continued their buying appetite on sector-wise issues. The presence...

Dr. Mahmuda Akter joins BICM as executive president

Dr. Mahmuda Akter joins BICM as executive president

FE ONLINE DESK 2020-08-03 17:17:28

Prof Dr. Mahmuda Akter, Department of Accounting and Information Systems, University of Dhaka, has taken charge of Bangladesh Institute of Capital Market (BICM) as executive president. She submitted...

Stocks stay afloat on buying spree

Stocks stay afloat on buying spree

FE ONLINE REPORT 2020-08-03 15:46:09

Stocks ended higher on Monday, the first session after Eid holiday, as investors continued their buying spree on large-cap issues after the central bank unveiled the expansionary monetary policy state...

Stocks open higher after Eid vacation

Stocks open higher after Eid vacation

FE ONLINE REPORT 2020-08-03 11:23:40

The prices of most of the shares on bourses witnessed an upward trend in early hours of trading Monday, after three-day Eid holidays, as investors are showing their buying appetite on sector-wise issu...

Union Capital downgraded to “Z” category

Union Capital downgraded to “Z” category

FE ONLINE REPORT 2020-08-03 10:57:51

Union Capital Limited has been placed in “Z” category from the existing “B” category with effect from tomorrow (Tuesday) as the company has recommended ‘no’ divid...

DSE, CSE trading resumes Monday

DSE, CSE trading resumes Monday

FE Online Report 2020-08-02 19:39:01

Trading and official activities on the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) will resume tomorrow (Monday) after three-day Eid holidays, officials said. The trading on the bo...

Pubali Bank approves 10pc cash dividend

Pubali Bank approves 10pc cash dividend

FE DESK REPORT 2020-07-31 09:47:41

The 37th Annual General Meeting (AGM) of Pubali Bank Limited was held at the bank's board room of the head office through digital platform on Thursday. M. Azizul Huq, Chairman of the board of director...

BSEC cancels IPO proposal of JMI Hospital

BSEC cancels IPO proposal of JMI Hospital

Mohammad Mufazzal 2020-07-31 09:43:18

The securities regulator has cancelled the IPO (initial public offering) proposal of JMI Hospital Requisite Manufacturing Ltd after finding a number of non-compliances including overstating the profit...