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Two more general insurers declare dividend

Two more general insurers declare dividend

FE ONLINE REPORT 2020-07-22 10:59:49

The boards of directors of two more general insurance companies have recommended dividends for the year ended on December 31, 2019, according to separate official disclosures on Wednesday. The compan...

BSEC to freeze shares of Shurwid directors

BSEC to freeze shares of Shurwid directors

FE REPORT 2020-07-22 10:31:51

The securities regulator has decided to freeze the shares of the directors of Shurwid Industries for submitting compliance reporting without completing the distribution of dividend for the year ended...

Govt move to enact single act

Govt move to enact single act

Mohammad Mufazzal 2020-07-22 10:25:50

The government has moved to bring the activities of the securities regulator and operations of the capital market under a single act to be enacted by the parliament on completion of relevant processes...

'Dhaka Bank to change the age-old banking structure'

'Dhaka Bank to change the age-old banking structure'

Siddique Islam 2020-07-22 10:25:16

Dhaka Bank Limited (DBL) has planned to introduce diversified financial technology (FinTech) based-services to ensure uninterrupted banking services for their customers, the bank's top executive has s...

Stocks extend gaining streak amid cautious optimism

Stocks extend gaining streak amid cautious optimism

FE ONLINE REPORT 2020-07-21 15:41:44

Stocks extended the gaining streak for the second day in a row on Tuesday as the buoyant investors showed their buying binge on major sectors’ issues at the lowest possible prices amid the floor...

EU recovery fund sends shares, euro to four-month highs

EU recovery fund sends shares, euro to four-month highs

REUTERS 2020-07-21 15:08:53

World shares and the euro hit their strongest levels since March on Tuesday after European Union leaders sealed a 750 billion euro ($857 billion) post-pandemic stimulus plan after a marathon five-day...

Stocks positive at opening amid virus scare

Stocks positive at opening amid virus scare

FE ONLINE REPORT 2020-07-21 11:35:19

Stocks witnessed positive trend in early trading on Tuesday as investors showed their buying binge on major sectors’ issues at the lowest possible prices amid the floor price system. Within 30...

Kay & Que, Aziz Pipes back in public market after two years

Kay & Que, Aziz Pipes back in public market after two years

FE ONLINE REPORT 2020-07-21 11:30:30

Kay & Que, and Aziz Pipes Ltd back to the public market for transactions on Tuesday, after remaining two years in the spot market.  The stock market regulator has allowed low-cap companies...

Two more insurers recommend dividend

Two more insurers recommend dividend

FE ONLINE REPORT 2020-07-21 11:02:22

The board of directors of two more insurance companies have recommended dividends for the year ended on December 31, 2019, according to separate official disclosures on Tuesday. Islami Insurance: T...

Rupali Bank for raising paid-up capital through issuance of rights

Rupali Bank for raising paid-up capital through issuance of rights

REZAUL KARIM 2020-07-21 09:57:10

The state-owned Rupali Bank has taken a move to increase its authorised capital to Tk 25 billion aiming to make its capital base sound and strong, officials said. Besides, the bank also wants to rais...

Stocks breach five-day losing streak

Stocks breach five-day losing streak

FE ONLINE REPORT 2020-07-20 15:49:01

Stocks broke a five-day losing streak on Monday as buoyant investors showed a buying binge at the lowest possible prices amid the floor price system. The market started on a positive note and the upw...

Markets witness volatility in early trading

Markets witness volatility in early trading

FE ONLINE REPORT 2020-07-20 11:58:32

Stocks witnessed choppy trading in early trading on Monday as investors mostly followed cautious stance amid ongoing virus scare. Within 30 minutes of trading, DSEX, the key index of DSE, advanced mo...

Asian shares stumble ahead of EU summit, US stimulus talks

Asian shares stumble ahead of EU summit, US stimulus talks

REUTERS 2020-07-20 11:08:31

Asian shares were downbeat on Monday with oil and copper also soft, as a spike in global coronavirus cases hung over markets awaiting efforts from the euro zone and United States to stitch together fi...

Indices of bourses escape large fall during Jan to March

Indices of bourses escape large fall during Jan to March

Mohammad Mufazzal 2020-07-20 09:49:36

Benchmark indices of both the bourses witnessed moderate correction against the sharp losses observed by some of the indices of south Asian stock exchanges amid Covid-19 pandemic. The market insiders...

Stocks extend losses as Eid nears

Stocks extend losses as Eid nears

FE ONLINE REPORT 2020-07-19 16:17:37

Stocks extended the losing streak for the fifth straight session on Sunday as the risk-averse investors continued their sell-offs ahead of Eid-ul-Azha. Market operators said some retail investors sol...

Stocks witness sharp fall at open

Stocks witness sharp fall at open

FE ONLINE REPORT 2020-07-19 11:36:51

Stocks witnessed sharp decline in early trading on Sunday as investors mostly followed cautious stance amid ongoing virus fears. Within 30 minutes of trading, DSEX, the key index of DSE, lost more th...

Republic Insurance declares 14pc dividend

Republic Insurance declares 14pc dividend

FE Online Report 2020-07-19 11:35:06

The board of directors of Republic Insurance Ltd has recommended 7.0 per cent cash and 7.0 per cent stock dividend for the year ended on December 31, 2019. The final approval will come during the ann...

‘13 banks form low-interest special fund for capital market’

‘13 banks form low-interest special fund for capital market’

-- 2020-07-18 20:56:54

Bangladesh Securities and Exchange Commission (BSEC) Chairman Professor Shibli Rubayat Ul Islam has said that a total of 13 banks have formed low-interest special fund to invest in the capital market...

BSEC extends timeframe for provisioning against unrealised losses

BSEC extends timeframe for provisioning against unrealised losses

FE REPORT 2020-07-18 10:52:26

The securities regulator has extended the timeframe for keeping provision against unrealised losses in accounts of the stock dealer, stockbrokers, and merchant banks' own and their client portfolios u...

Weekly review: Stocks stay positive despite sell-offs

Weekly review: Stocks stay positive despite sell-offs

FE REPORT 2020-07-18 10:43:26

Stocks kept the positive trend for the fourth straight week that ended on Thursday despite the last four sessions of the week witnessed profit booking sell-offs. The week featured five trading sessio...

Foreign funds in stocks keep falling amid bearish mkt

Foreign funds in stocks keep falling amid bearish mkt

Babul Barman 2020-07-18 10:31:44

Net foreign investment in the Dhaka bourse has been on a downward trend for the last 14 straight months as the overseas investors continued to pull out their fund amid prolonged bearish market trend....

Asia stocks rebound as hopes of more stimulus offset virus worries

Asia stocks rebound as hopes of more stimulus offset virus worries

REUTERS 2020-07-17 13:38:06

Asian shares eked out gains and US stock futures bounced back on Friday as hopes of more government spending around the globe outweighed concerns about rising coronavirus infections and worsening tens...

BSEC body to investigate unusual transactions of Beacon Pharma, Central Pharma

BSEC body to investigate unusual transactions of Beacon Pharma, Central Pharma

FE Report 2020-07-17 10:13:41

The securities regulator has formed a two-member committee to look into the unusual transactions of the shares of two listed pharmaceuticals companies. The companies are Beacon Pharmaceuticals and Ce...

Kattali Textile, brokerage firm, individuals to face music

Kattali Textile, brokerage firm, individuals to face music

FE Report 2020-07-17 10:05:54

The securities regulator has imposed an aggregate amount of penalty worth Tk84 million on a listed company, a brokerage firm and some individuals for misuse of IPO fund and manipulating share price....

UiPath raises $225m Series E Funding Round

UiPath raises $225m Series E Funding Round

FE Online Desk 2020-07-16 18:09:36

The leading Robotic Process Automation (RPA) company, UiPath, announced it has closed its Series E investment round, raising $225 million at a post-money valuation of $10.2 billion. The round was led...

Stocks extend losses as virus fear grips markets

Stocks extend losses as virus fear grips markets

FE ONLINE REPORT 2020-07-16 16:25:21

Stocks extended the losing streak for the fourth straight session on Thursday as investors mostly remained watchful amid ongoing virus fears. The market opened on a downward trend and continued the t...

Stocks fall amid virus uncertainty

Stocks fall amid virus uncertainty

FE ONLINE REPORT 2020-07-16 11:24:54

Stocks witnessed downward trend in early trading on Thursday as investors mostly followed cautious stance amid static virus situation. Within 30 minutes of trading, DSEX lost more than 7.0 points whi...

Two more insurers declare dividend

Two more insurers declare dividend

FE ONLINE REPORT 2020-07-16 10:56:55

The board of two more insurance companies – Rupali Insurance and City General Insurance - have recommended dividend for the year ended on December 31, 2019. Rupali Insurance: The board of direc...

BSEC to help boost startup and venture capital ecosystem

BSEC to help boost startup and venture capital ecosystem

FE DESK REPORT 2020-07-16 09:52:29

A delegation from Venture Capital and Private Equity Association of Bangladesh (VCPEAB) led by Shameem Ahsan, Chairman of VCPEAB and General Partner of Pegasus Tech Ventures (former Fenox Venture Capi...

Alternative Trading Board to 'woo new investors'

Alternative Trading Board to 'woo new investors'

FE Report 2020-07-16 09:44:29

Stock exchanges will have to play an active role to ensure the vibrant operations of Alternative Trading Board (ATB) launched to facilitate the growth of non-listed companies and other securities....