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Bourses see downturn in early trading

Bourses see downturn in early trading

FE Online Report 2019-03-07 12:05:14

The prices of most of the shares on both the bourses witnessed a downward trend in early trading on Thursday as cautious investors were selling shares. Following the previous two days’ marginal...

Silco Pharma's IPO subscription begins today

Silco Pharma's IPO subscription begins today

FE report 2019-03-07 10:10:51

The initial public offering (IPO) subscription of Silco Pharmaceuticals begins today (Thursday), aiming to raise Tk 300 million from the capital market. The subscription for shares of the pharma comp...

Markets open on positive note

Markets open on positive note

FE Online Report 2019-03-06 11:38:19

The prices of most of the shares on both the bourses witnessed a positive trend in early trading on Wednesday as some investors were showing their buying appetite on sector-wise shares. Following the...

BSEC approves 'alternative investment' draft rules

BSEC approves 'alternative investment' draft rules

FE Report 2019-03-06 10:32:43

The securities regulator has approved the Bangladesh Securities and Exchange Commission (Alternative Investment) draft Rules, 2016 after some amendment. The BSEC move will help promote venture fina...

ICMAB elects Mazumdar as president

ICMAB elects Mazumdar as president

-- 2019-03-05 22:32:58

M Abul Kalam Mazumdar FCMA has been elected President of the Institute of Cost and Management Accountants of Bangladesh (ICMAB) for the year 2019. The Council of the Institute in its meeting held rece...

DSE daily turnover hits two-month low

DSE daily turnover hits two-month low

FE Online Report 2019-03-05 16:30:21

The daily trade turnover on the prime bourse fell below Tk 6.0 billion-mark once again on Tuesday, hitting more than two months low, as most of the investors were reluctant to make fresh investment in...

NCC Bank to issue Tk 7.0b subordinated bonds

NCC Bank to issue Tk 7.0b subordinated bonds

FE Online Report 2019-03-05 12:51:21

The board of directors of NCC Bank Limited has decided, in principle, to issue non-convertible subordinated bonds worth Tk 7.0 billion, said an official disclosure on Tuesday. The bank will issue the...

Stocks on both bourses gain in early trading

Stocks on both bourses gain in early trading

FE Online Report 2019-03-05 12:01:59

The prices of most of the shares on both the bourses witnessed an upward trend in early trading Tuesday as investors are showing their buying appetite on sector-wise shares. Following the previous tw...

Linde BD recommends 375pc cash dividend

Linde BD recommends 375pc cash dividend

FE Online Report 2019-03-05 11:51:36

The board of directors of Linde Bangladesh has recommended 375 per cent cash dividend for the year ended on December 31, 2018. The final approval of dividend will come during the annual general meeti...

Paramount Insurance recommends 5.0pc dividend

Paramount Insurance recommends 5.0pc dividend

FE Online Report 2019-03-05 11:36:12

The board of directors of Paramount Insurance Company Limited has recommended 5.0 per cent stock dividend for the year ended on December 31, 2018. The final approval of dividend will come during the...

Runner to allocate 13.93m shares

Runner to allocate 13.93m shares

FE Report 2019-03-05 10:38:08

Runner Automobiles will allocate 13.93 million ordinary shares among the successful applicants as the company's IPO lottery draw was held on Monday. The initial public offering (IPO) lottery draw w...

Foreign fund in stocks keeps soaring on DSE

Foreign fund in stocks keeps soaring on DSE

Babul Barman 2019-03-05 09:11:31

Net foreign investments in Dhaka bourse soared more than 84 per cent month-on-month in February as overseas investors continued to put fresh funds after the national elections. Net foreign fund in st...

BSEC yet to release its annual report

BSEC yet to release its annual report

FE Online Report 2019-03-04 17:12:38

More than eight months after the end of fiscal year 2017-18 (FY18), country’s stock market regulator is yet to release its annual report. The latest annual report, available on the website of B...

DSXE dips below 5,700-mark as major sectors plunge

DSXE dips below 5,700-mark as major sectors plunge

FE Online Report 2019-03-04 17:04:34

The prime index of the Dhaka Stock Exchange (DSE) dipped below 5700-mark on Monday after two months as risk-averse investors sold shares on sector-wise shares. Market analysts said investors were mos...

Monno Ceramic’s share price keeps soaring sans PSI

Monno Ceramic’s share price keeps soaring sans PSI

FE Online Report 2019-03-04 13:17:59

The share price of Monno Ceramic Industries was soaring despite having no price sensitive information (PSI). The company's share price surged further by Tk 27.60 each or 6.67 per cent to close at Tk...

Stocks witness downturn after first hour of trading

Stocks witness downturn after first hour of trading

FE Online Report 2019-03-04 11:53:08

Stocks witnessed a downward trend after first hour of trading on Monday as cautious investors were selling shares on sector specific shares. Following the previous day’s marginal gain, the Dhak...

IPO subscription of Coppertech to open March 31

IPO subscription of Coppertech to open March 31

FE Report 2019-03-04 10:35:19

The public subscription of Coppertech Industries is set to begin on March 31, officials said. The company will raise a fund worth Tk 200 million through initial public offering (IPO) using the fixe...

Square Textiles posts 27pc revenue growth

Square Textiles posts 27pc revenue growth

Babul Barman 2019-03-04 10:24:34

Square Textiles has posted a 27 per cent growth in revenue year-on-year in 2017-18 due to increase of production capacity. At standalone level, the company's revenue stood at Tk 6,367.12 million in t...

Stocks break two-day losing streak

Stocks break two-day losing streak

FE Online Report 2019-03-03 16:08:16

Stocks posted marginal gain on Sunday, the first day of this month, snapping a two-day losing streak, as some investors showed their buying appetite on sector-wise shares. Market analysts said invest...

Marico BD to invest Tk 294m in capacity expansion

Marico BD to invest Tk 294m in capacity expansion

FE Online Report 2019-03-03 12:51:16

The board of directors of Marico Bangladesh Limited has decided to invest Tk 294 million from the available funds of the company with an aim to increase the capacity at its factory locations at Moucha...

‘SEML FBLSL Growth Fund’ to make debut Monday

‘SEML FBLSL Growth Fund’ to make debut Monday

FE Online Report 2019-03-03 12:24:53

Trading of the units of ‘SEML FBLSL Growth Fund,’ a closed-end mutual fund, will commence at DSE from Monday (March 04) under ‘A’ category. The DSE trading code for the fund i...

Bourses open week with gains

Bourses open week with gains

FE Online Report 2019-03-03 11:37:19

Stocks witnessed a positive trend after first hour of trading on Sunday as some investors were seen showing their buying appetite on sector-wise shares. Following the previous week’s modest cor...

Wata Chemicals opens commercial operation of new unit

Wata Chemicals opens commercial operation of new unit

FE Report 2019-03-03 10:48:56

Wata Chemicals, a listed company, inaugurated the commercial operation of its new sulfuric acid unit (Unit-2) on Saturday to meet the growing demand of the products. Textiles and Jute Minister Golam...

Singer's operating profit soars 40pc in 2018

Singer's operating profit soars 40pc in 2018

FE Desk 2019-03-03 10:03:49

Singer Bangladesh Limited announced a 40 per cent increase in operating profit, whilst reporting its audited results for the year ended December 31, 2018. The company's turnover increased by 24 per c...

China approves three IPO applications

China approves three IPO applications

-- 2019-03-02 12:10:16

The China Securities Regulatory Commission (CSRC) has approved new IPO applications from three companies. The applications of Zhejiang Merit Interactive Network Technology Co. Ltd., CSPC Innovation P...

US stocks end up; Dow, S&P 500 rebound

US stocks end up; Dow, S&P 500 rebound

-- 2019-03-02 11:53:25

The S&P 500 and Dow snapped three-day losing streaks on Friday as optimism about the prospects for a US-China trade agreement overshadowed downbeat US and Chinese manufacturing data. Based on the...

Weekly analysis: Stocks extend loss as bank issues slump

Weekly analysis: Stocks extend loss as bank issues slump

Babul Barman 2019-03-02 10:38:13

Stocks witnessed yet another bearish week that ended on Wednesday, extending the losing streak for the fifth straight week as investors continued their selling binge. The week saw four trading days i...

Weekly turnover chart: Bangladesh Submarine rules the roost

Weekly turnover chart: Bangladesh Submarine rules the roost

FE Report 2019-03-02 10:32:47

Bangladesh Submarine Cable Company Ltd (BSCCL) dominated the prime bourse's turnover chart while ten traded companies grabbed 35 per cent transaction last week. Market analysts said investors continu...

Singer BD recommends 30pc stock dividend

Singer BD recommends 30pc stock dividend

FE Online Report 2019-03-01 20:26:53

The board of directors of Singer Bangladesh Ltd has recommended 30 per cent stock dividend for the year ended on December 31, 2018. The final approval of the dividend will come during the annual gene...

Philippine shares lead SE Asia stock slide

Philippine shares lead SE Asia stock slide

-- 2019-03-01 14:31:04

The Southeast Asia stock slipped on Friday while Philippine shares fell the most, after MSCI's announcement of an increase in the weighting of Chinese mainland shares in global benchmarks raised outfl...