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DSEX dips below 5100-mark on profit booking

DSEX dips below 5100-mark on profit booking

FE ONLINE REPORT 2020-09-20 16:07:26

Stocks extended the losing streak for the second consecutive session on Sunday as risk-averse investors opted for booking quick-profit on sector-specific issues. DSEX, the prime index of the Dhaka St...

Meghna Petroleum, JMI sign deal to expand LPG business

Meghna Petroleum, JMI sign deal to expand LPG business

FE Online Report 2020-09-20 15:13:24

Meghna Petroleum, a subsidiary of Bangladesh Petroleum Corporation, has signed an agreement with JMI Industrial Gas Ltd as part of business expansion. Under the agreement, the petroleum company will...

Capital market specialist Wali-ul-Maroof Matin passes away

Capital market specialist Wali-ul-Maroof Matin passes away

FE Online Report 2020-09-20 13:07:22

Wali-ul-Maroof Matin, a renowned capital market expert, passed away on Sunday morning at a city hospital. According to Mohammad Ashraf Hossain, company secretary of Maslin Capital, Mr. Matin had lung...

Stocks log marginal gains at opening

Stocks log marginal gains at opening

FE ONLINE REPORT 2020-09-20 11:05:41

Stocks posted a modest gain in early trading on Sunday as optimistic investors showed their buying binge on large-cap stocks amid high expectations. Following last week’s upbeat note, the Dhaka...

Ins, Z-category cos rule the roost on DSE

Ins, Z-category cos rule the roost on DSE

FE REPORT 2020-09-20 10:15:35

General insurers and some 'Z'-category companies dominated the gainers' chart of Dhaka Stock Exchange (DSE) in last week following increased participation. According to DSE information, general insur...

IBN Sina to pay 38.50pc cash div

IBN Sina to pay 38.50pc cash div

FE REPORT 2020-09-19 10:26:37

The board of directors of The IBN Sina Pharmaceutical Industry Ltd has recommended 38.50 per cent cash dividend for the year ended on June 30, 2020. The dividend recommendation came at a meeting of t...

Weekly review: Growing optimism attracts investors

Weekly review: Growing optimism attracts investors

BABUL BARMAN 2020-09-19 10:22:05

Stocks witnessed yet another bullish week, extending the winning streak for 13 weeks in a row, as optimistic investors continued their buying binge on large-cap stocks amid high expectation. Week-on-...

Asian stocks gain shrugging off weakness in Wall Street

Asian stocks gain shrugging off weakness in Wall Street

REUTERS 2020-09-18 12:52:48

Asian stocks inched up on Friday, despite Wall Street declines, but struggled to make deeper gains as worries about a faltering economic recovery kept investors to the sidelines or seeking safer harbo...

Breach of minimum shareholding rule: 17 directors of nine companies to lose posts

Breach of minimum shareholding rule: 17 directors of nine companies to lose posts

FE ONLINE REPORT 2020-09-18 09:46:54

A total of 17 directors of nine listed companies are going to lose their directorship for not holding minimum 2.0 per cent shares. The securities regulator on Thursday finalised the decision signed b...

Stocks slip into red after two-day

Stocks slip into red after two-day

FE ONLINE REPORT 2020-09-17 15:54:34

Stocks slipped into the red on Thursday, snapping a two-day gaining streak, as risk-averse investors opted for booking profit on sector-wise issues. DSEX, the prime index of the Dhaka Stock Exchange...

BSEC approves IPO of AFC Health

BSEC approves IPO of AFC Health

FE Online Report 2020-09-17 11:18:19

The securities regulator has approved the IPO (initial public offering) proposal of AFC Health which will raise capital worth Tk 170 million from the capital market. The approval came at a meeting he...

Bourses witness downturn at open

Bourses witness downturn at open

FE ONLINE REPORT 2020-09-17 11:07:10

Stocks on both the bourses witnessed a downward trend in the early trading on Thursday as investors were seen active on both sides of the trading fence. Following the previous day’s marginal ga...

Stocks stay afloat amid rising turnover

Stocks stay afloat amid rising turnover

FE ONLINE REPORT 2020-09-16 16:02:29

Stocks ended marginally higher on Wednesday after volatility as bargain hunters continued their appetite on sector-wise issues, driven by regulatory moves and resumption of economic activities DSEX,...

Stocks witness uptrend at open

Stocks witness uptrend at open

FE ONLINE REPORT 2020-09-16 11:54:04

Stocks on both the bourses witnessed an upward trend in the early trading on Wednesday as optimistic investors showed their appetite on sector-wise issues. After having a superb session on Tuesday wh...

United Power Generation to acquire two power plants

United Power Generation to acquire two power plants

FE Online Report 2020-09-16 11:41:26

The board of directors of United Power Generation & Distribution Company Ltd has decided to acquire two power plants of the United Group. The power generation company has taken a decision to acqu...

Shares of 1200 Crest Securities clients sent to link accounts

Shares of 1200 Crest Securities clients sent to link accounts

MOHAMMAD MUFAZZAL 2020-09-16 10:02:49

Shares from over 1200 BO accounts of the clients of Crest Securities have so far been transferred into their link accounts, as the brokerage house remained shuttered since its owners went into hiding...

Rights subscription of Pragati Life begins Sept 24

Rights subscription of Pragati Life begins Sept 24

FE REPORT 2020-09-16 10:02:05

Rights shares subscription of Pragati Life Insurance is set to begin September 24, aiming to raise Tk 230.27 million. The subscription period for the rights will be continued until October 20, 2020,...

DSE key index crosses 5100-mark

DSE key index crosses 5100-mark

FE ONLINE REPORT 2020-09-15 16:05:41

The core index of the Dhaka Stock Exchange (DSE) exceeded 5,100-mark after more than a year on Tuesday riding on regulatory moves and gradual improvement of economic activities. DSEX, the prime index...

Newly listed Express Insurance declares ‘no’ dividend

Newly listed Express Insurance declares ‘no’ dividend

FE ONLINE REPORT 2020-09-15 12:13:35

Express Insurance Ltd, which made its trading debut on August 24, 2020, has recommended ‘no’ dividend for the year ended on December 31, 2019, according to an official disclosure Tuesday....

Wall Street rises, thanks to deal news, vaccine hopes

Wall Street rises, thanks to deal news, vaccine hopes

FE ONLINE REPORT 2020-09-15 11:28:11

US stocks ended sharply higher on Monday as signs of progress in developing a Covid-19 vaccine and a spurt of multibillion-dollar deals lifted investor optimism. Gains were broad-based, with all of t...

Bourses slip at open as investors booking profits

Bourses slip at open as investors booking profits

FE ONLINE REPORT 2020-09-15 11:09:04

Stocks witnessed a downward trend in early trading on Tuesday as risk-averse investors opted for quick-profit on sector-wise large-cap issues after recent price surge. Following the previous day&rsqu...

BSEC suspends share trading of Zeal Bangla Sugar Mills

BSEC suspends share trading of Zeal Bangla Sugar Mills

FE REPORT 2020-09-15 10:01:38

The stock market regulator has suspended share trading of Zeal Bangla Sugar Mills, with effect from today (Tuesday), following 'unusual' transactions and movement of its share price. The Bangladesh S...

Rising market lures new investors

Rising market lures new investors

Babul Barman 2020-09-15 09:59:16

The number of new beneficiary owner (BO) accounts is on the rise in recent weeks as new investors are entering the market to cash in on the bullish market. About 31,451 accounts were opened in the la...

India's secondary listing plan for firms irks investors

India's secondary listing plan for firms irks investors

-- 2020-09-14 16:47:44

Indian companies that list overseas will have to later launch on a domestic bourse under policy changes being considered by government officials, a move that global investors fear will harm valuations...

Stocks inch down after choppy trading

Stocks inch down after choppy trading

FE ONLINE REPORT 2020-09-14 16:01:54

Stocks inched down on Monday after volatile trading as investors were active on both sides of the trading fence throughout the session. DSEX, the prime index of the Dhaka Stock Exchange (DSE), went d...

Coronavirus vaccine hopes make Asian shares buoyant

Coronavirus vaccine hopes make Asian shares buoyant

REUTERS 2020-09-14 12:49:36

Asian shares firmed on Monday on renewed hopes for a coronavirus vaccine after AstraZeneca resumed its phase-3 trial though sentiment was still cautious ahead of a big week of central bank meetings in...

Stocks fall at open on profit booking

Stocks fall at open on profit booking

FE ONLINE REPORT 2020-09-14 11:03:00

Stocks witnessed a downward trend in early trading on Monday as risk-averse investors opted for quick-profit on sector-wise large-cap issues after recent price surge. Following the previous day&rsquo...

Cyber security alert: DSE reduces time for using mobile app

Cyber security alert: DSE reduces time for using mobile app

FE REPORT 2020-09-14 10:29:35

The Dhaka Stock Exchange (DSE) has reduced the time for DSE mobile app users' access to the trading system in view of the current cyber security situation and alert. The prime bourse has decided to a...

Eastland Insurance approves 10pc dividend

Eastland Insurance approves 10pc dividend

FE DESK REPORT 2020-09-14 10:21:48

The 33rd annual general meeting (AGM) of Eastland Insurance Co. Ltd. was held on September 03 at 3:00pm. Due to the effect of Covid-19, the meeting was held through virtual platform. Presided over by...

Stocks keep soaring amid rising confidence

Stocks keep soaring amid rising confidence

FE ONLINE REPORT 2020-09-13 16:02:53

Stocks ended higher on Sunday amid rising turnover as optimistic investors continued their appetite on large-cap issues, driven by regulatory moves and resumption of economic activities. DSEX, the pr...