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Stocks back into red as major sectors slump

FE Online Report October 21, 2019 15:41:43

Stocks slipped back into the red zone on Monday, after a single-day break, as risk-averse investors went on selling binge on major sectors’ issues. DSEX, the prime index of the Dhaka Stock Exch...

Two more cos recommend dividend

FE Online Report October 21, 2019 11:52:40

Two more listed companies – Wata Chemicals Ltd and Bangladesh Autocars Ltd – have recommended dividend for the year ended on June 30, 2019, according to separate official disclosures on Mo...

Stocks descent as pessimism grips market

FE Online Report October 21, 2019 11:28:09

Stocks witnessed downward trend in early hour of trading on Monday as investors mostly followed cautious stance amid depressed market outlook. Following the previous day’s marginal gain, the Dh...

National Tea Company recommends 22pc dividend

FE Online Report October 21, 2019 11:17:32

The board of directors of National Tea Company Ltd has recommended 22 per cent cash dividend for the year ended on June 30, 2019, said an official disclosure on Monday. The final approval of the divi...

Apex Spinning, Apex Food recommend dividend

FE Online Report October 21, 2019 11:03:36

Apex Spinning & Knitting Mills and Apex Foods Ltd have recommended 20 per cent cash dividend each for the year ended on June 30, 2019, according to separate official disclosure on Monday. Apex Sp...

IT Consultants recommends 12pc dividend

FE Online Report October 21, 2019 10:50:04

The board of directors of IT Consultants Ltd has recommended 5.0 per cent cash and 7.0 per cent stock dividend for the year ended on June 30, 2019, said an official disclosure on Monday. The final ap...

Five more cos recommend dividend

FE Online Report October 21, 2019 10:49:19

Five more listed companies recommended dividend ranging between 10 per cent and 20 per cent for the year ended on June 30, 2019, according to separate official disclosures on Sunday. The companies ar...

Omera to raise Tk 2.38 billion

FE REPORT October 21, 2019 10:30:12

The country's largest LPG firm, Omera Petroleum Limited, will raise funds worth Tk 2.38 billion from the capital market. The company will raise the amount by floating initial public offering (IPO) us...

Stocks edge up after two-day slump

FE Online Report October 20, 2019 17:46:20

Stocks ended marginally higher on Sunday, snapping a two-day slump, as bargain hunters showed their buying appetite on sector-specific shares. Market analysts said despite the edge up, worries remain...

Ashuganj Power bond: BSEC extends timeframe for subscription

FE Report October 20, 2019 11:07:20

The securities regulator has extended the timeframe for public subscription of the bond to be issued by Ashuganj Power Station Company (APSC) till November 18 next. The subscription period has been e...

Weekly review: Stocks continue to bleed

Babul Barman October 19, 2019 10:51:02

Stocks extended the losing streak for the third straight week that ended on Thursday as worried investors continued their selling binge on large-cap shares. Week on week, DSEX, the prime index of the...

BSEC panel to have names of both audit firms, auditors

FE Report October 18, 2019 10:34:42

The securities regulator on Thursday decided to include the names of the auditors along with their firms in its auditors' panel to ensure more accountability of the firms that check financial report...

National Tubes tops turnover chart

FE Report October 18, 2019 10:33:37

Ten most traded companies accounted for more than 26 per cent of transactions on the prime bourse on Thursday, with the National Tubes generating the highest turnover. According to the Dhaka Stock Ex...

Stocks keep losing amid confidence crisis

FE Online Report October 17, 2019 16:49:30

Stocks witnessed yet another bearish session on Thursday, as worried investors continued their selling binge on major sectors’ shares. DSEX, the prime index of the Dhaka Stock Exchange (DSE), w...

Netflix shares jump as subscribers grow ahead of Disney, Apple attack

-- October 17, 2019 12:14:33

Netflix Inc added slightly more paying subscribers than Wall Street expected in the third quarter, a relief to investors who had worried the company might fall short just as Disney and Apple prepare t...

Silva Pharma recommends 11pc dividend

FE Online Report October 17, 2019 11:39:47

The board of directors of Silva Pharmaceuticals Ltd has recommended 6.0 per cent cash dividend for all shareholders excluding the sponsors & directors (excluding ICB) and 5.0 per cent stock divide...

Stocks open lower amid thin turnover

FE Online Report October 17, 2019 11:37:21

Stocks witnessed downward trend in early hour of trading on Thursday as investors are mostly on selling mood amid depressed market outlook. Following the previous day’s decline, the Dhaka Stock...

Stocks plunge after single-day break

FE Online Report October 16, 2019 15:54:39

Stocks failed to maintain the momentum of the previous day that saw sharp rise, which suggests retail investors remain unconvinced by government moves to support the moribund market. Market analysts...

Northern Jute recommends 100pc cash div

FE Online Report October 16, 2019 12:18:16

The board of directors of Northern Jute Manufacturing Company Limited has recommended 100 per cent cash dividend for the year ended on June 30, 2019, said an official disclosure on Wednesday. The fin...

BSC recommends 10pc dividend

FE Online Report October 16, 2019 11:55:25

The board of directors of Bangladesh Shipping Corporation (BSC) Limited has recommended 10 per cent cash dividend for the year ended on June 30, 2019, said an official disclosure on Wednesday. The fi...

Stocks open lower despite ICB activity

FE Online Report October 16, 2019 11:47:39

Stocks witnessed downward trend in early hour of trading on Wednesday as investors mostly followed cautious stance after recent volatility in the market. Following the previous day’s sharp gain...

UCB to issue Tk 4.0b perpetual bond

FE Online Report October 16, 2019 11:12:53

The board of directors of United Commercial Bank Ltd has decided to raise Tk 4.0 billion through issuance of Perpetual Bond. The bank will issue the bond to support the company Basel III compliance i...

Mkt supportive measures jack stock prices up

FE Report October 16, 2019 10:51:16

Dhaka bourse closed the Tuesday's session with a sharp rise in broad index breaking the losing streak of six consecutive sessions following investors' optimistic participation. After losing 226 point...

GPH Ispat to launch new factory by Nov

Saif Uddin, back from Chattogram October 16, 2019 10:47:39

GPH Ispat Limited is set to launch its new plant, comprising of state of the art machinery, by next month to produce high quality steel products. The new plant will help the company to increase its p...

Key actors see dour outlook for market

FE REPORT October 15, 2019 11:05:49

The market intermediaries have called for good governance and listing of good companies to minimise the volatility in stocks. The urging came on Monday at a meeting, where top brokers, issue managers...

DSE fails to come out of red zone for sixth consecutive session

FE Online Report October 14, 2019 19:41:06

The Dhaka bourse on Monday failed to come out of the red zone that prolonged for sixth consecutive session amid investors’ lack of confidence. On the day, the broad index witnessed another shar...

BGIC receives guideline from regulator

FE Report October 14, 2019 10:48:57

The trustee of the DBH 1st Mutual Fund has moved to call a meeting of the unit-holders, three-fourth of whom expressed opinion in favour of converting the fund into open-end from closed-end form. Ban...

BSEC seeks all info on Tk 500m deal

FE Report October 14, 2019 10:27:04

The securities regulator has asked LR Global Bangladesh Asset Management Company Limited to submit all information regarding its mutual funds' (MFs) Tk 500 million investment in bdnews24.com within 24...

MNCs not spared from bearish onslaught

FE Report October 13, 2019 10:04:15

Most of the listed multinational companies (MNCs) lost share prices ranging between 1.0 per cent and 5.4 per cent in last week amid the price correction witnessed by most of the local companies. The...

Apple's stock sets new all-time high

FE Online Desk October 12, 2019 12:39:13

Apple shares are currently trading above the $234 mark on the intraday market, setting a new all-time high for the company. As noted by CNBC, the stock's previous all-time high was $233.47 in Oct...