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BBS Cables to increase 37pc production capacity

BBS Cables to increase 37pc production capacity

FE Online Report 2019-01-09 11:46:29

BBS Cables Ltd has planned to increase 37 per cent production capacity as it imported capital machineries by utilizing IPO proceeds. The cable manufacturer raised Tk 200 million from the public by is...

Stocks open higher as bullish trend continues

Stocks open higher as bullish trend continues

FE Online Report 2019-01-09 11:40:00

The prices of most of the shares witnessed upward trend in early hour of trading on Wednesday as investors are active on sector-wise issues amid growing confidence. Market analysts said the investors...

BSEC approves CAPIEC Unit Fund prospectus

BSEC approves CAPIEC Unit Fund prospectus

FE Report 2019-01-09 11:02:01

The securities regulator has approved the draft prospectus of CAPIEC Popular Life P.F. Unit Fund. The approval came Tuesday at a meeting held at the office of the Bangladesh Securities and Exchange C...

Amazon world's most valuable public company

Amazon world's most valuable public company

-- 2019-01-08 18:31:55

Amazon, formed 25 years ago, has eclipsed Microsoft to become the world's most valuable listed company. The online giant was worth $797 billion when the US stock market closed on Monday after rising...

DSEX exceeds 5700-mark after eight months

DSEX exceeds 5700-mark after eight months

FE Online Report 2019-01-08 16:31:16

The prime index of the major bourse crossed the 5,700-mark after eight months as investors took fresh stakes on stocks amid optimism. Market analysts said spontaneous participation backed by hopes an...

European shares hit three-week high on trade hopes

European shares hit three-week high on trade hopes

-- 2019-01-08 15:52:31

European shares hit a three-week high on Tuesday as hopes of a possible trade deal between China and the US offset worries over global growth and Italian banks rose after Rome moved in support of trou...

Dhaka bourse sees sharp rise in early trading

Dhaka bourse sees sharp rise in early trading

FE Online Report 2019-01-08 13:03:38

The Dhaka bourse witnessed another sharp rise in the early trading on Tuesday as majority number of securities went green after a moderate correction observed on previous session. The Dhaka Stock Exc...

Hopes for Sino-US deal prop up Asian shares

Hopes for Sino-US deal prop up Asian shares

-- 2019-01-08 11:30:17

Most Asian shares were propped up on Tuesday by hopes that Washington and Beijing may be inching towards a trade deal and that US Federal Reserve would halt its tightening if economic growth slows fur...

Western Marine obtains UAE orders for two oil tankers

Western Marine obtains UAE orders for two oil tankers

Our Correspondent 2019-01-08 10:17:29

The Western Marine Shipyard Ltd has secured orders for building two oil tankers for Al Rashid Shipping Ltd, a UAE-based shipping company. The oil tankers will have 6500 DWT (dead weight tonnage) carry...

DSE witnesses mild correction in early trading

DSE witnesses mild correction in early trading

FE Online Report 2019-01-07 12:16:20

The Dhaka bourse witnessed moderate correction in Monday’s early session following mixed performance of the major sectors. DSEX, the broad index of Dhaka Stock Exchange (DSE), declined marginal...

Asian shares ride relief rally, Sino-US trade a hurdle

Asian shares ride relief rally, Sino-US trade a hurdle

-- 2019-01-07 11:55:39

Asian shares sped ahead on Monday as a dovish turn by the Federal Reserve and startlingly strong US jobs data soothed some of the market’s worst fears about the global outlook. Chinese stocks f...

LafargeHolcim vows to be the most trusted name in construction sector

LafargeHolcim vows to be the most trusted name in construction sector

FE Desk 2019-01-06 22:28:08

  Bangladesh is now going through a major development phase with a number of mega projects like Padma Bridge, Rooppur Nuclear Plant, Rampal Power Plant etc. Obviously, there is a spree in the de...

Sinobangla moves to raise production capacity

Sinobangla moves to raise production capacity

FE Report 2019-01-06 14:42:22

Sinobangla Industries has taken a initiative to enhance its production capacity by about 150 tonnes per month. Two floors of the factory will also be upgraded to have clean room facilities. The tota...

DSE sees sharp rise in early trading

DSE sees sharp rise in early trading

FE Online Report 2019-01-06 12:12:11

The Dhaka Stock Exchange (DSE) witnessed a sharp rise in the early trading on Sunday as most of the listed securities went green. The market opened on a positive note as DSEX, the key index of countr...

JMI Syringes net profit growth moderates

JMI Syringes net profit growth moderates

Mohammad Mufazzal 2019-01-06 10:28:47

JMI Syringes & Medical Devices has witnessed a moderate growth in turnover and net profit, among others, for the year ended on June 30, 2018 compared to the same period of the previous fiscal year...

Walton holds IPO road show on Jan 15

Walton holds IPO road show on Jan 15

-- 2019-01-05 22:16:25

Walton Hi-Tech Industries Limited (WHIL) will hold a road show for eligible institutional investors on January 15 as the company intends to go public, according to a statement.The road show will b...

US jobs data boosts global stocks

US jobs data boosts global stocks

-- 2019-01-05 11:43:47

World stock markets rallied on Friday while bond yields rose after sharply declining earlier in the week ahead of the US and China trade talks and US employment data pointed to economic strength. Equ...

US stocks jump after jobs report

US stocks jump after jobs report

-- 2019-01-05 11:29:24

US stocks rebounded on Friday to close at its highest level in two weeks after a strong jobs report and assurances from Federal Reserve Chairman Jerome Powell. Powell said that the central bank would...

Weekly analysis: Stocks cheer nat’l election results

Weekly analysis: Stocks cheer nat’l election results

Babul Barman 2019-01-05 10:49:19

The prime index of the Dhaka Stock Exchange (DSE) climbed 3.80 per cent this week in a sign of positive reaction from the investors to the outcome of the national elections held on the first day of th...

Esquire Knit IPO opens tomorrow

Esquire Knit IPO opens tomorrow

FE Report 2019-01-05 10:39:07

The initial public offering (IPO) of Esquire Knit Composite opens tomorrow (January 06) for public subscription, aiming to raise a capital of over Tk 562 million. The subscription period ends on Janu...

BRAC Bank wins ICAB awards

BRAC Bank wins ICAB awards

-- 2019-01-04 22:23:27

BRAC Bank Limited won two awards in the 'ICAB Best Presented Annual Reports 2017' competition recently, says a statement.        It secured second position under bo...

Southeast Asian stocks mixed; Philippines jumps

Southeast Asian stocks mixed; Philippines jumps

-- 2019-01-04 12:59:43

Risk appetite across Southeast Asia was mixed on Friday, while Philippine shares surged as the country's inflation cooled in December, but bargain-hunters snapped up cheapened Singaporean stocks. Sen...

Asian shares flat after Wall St sell-off

Asian shares flat after Wall St sell-off

-- 2019-01-04 12:03:01

Asian shares steadied on Friday following a technology-led sell-off on Wall Street, while the Japanese shares tumbled and Shanghai’s benchmark surged. The Nikkei 225 index started its first tra...

Govt's revenue from DSE dives 25pc

Govt's revenue from DSE dives 25pc

FE Report 2019-01-04 10:45:39

The government's revenue earnings from the premier bourse declined about 25 per cent in the first six months of the current fiscal year (FY), 2018-19, compared to the same period of the previous fisca...

Japanese co wants to subscribe for 11.1m shares in JMI Syringes

Japanese co wants to subscribe for 11.1m shares in JMI Syringes

FE Report 2019-01-04 10:34:45

A Japanese company has shown 'keen' interest to subscribe for a substantial amount of shares in the JMI Syringes & Medical Devices, a listed company. The NIPRO Corporation of Japan is willing to...

Rakibur becomes DSE director again

Rakibur becomes DSE director again

FE Report 2019-01-04 10:30:05

Md Rakibur Rahman, managing director of Midway Securities, has been re-elected director of the Dhaka Stock Exchange (DSE) unopposed for the next three years. Mr Rahman was the only candidate for the...

DSE turnover hits four months high

DSE turnover hits four months high

FE Online Report 2019-01-03 15:52:07

Daily trade turnover on Dhaka Stock Exchange (DSE) hit four months on Thursday as investors put fresh stakes on stocks amid growing confidence after peaceful national election. Turnover, a crucial in...

SE Asian stocks climb; Philippines jumps

SE Asian stocks climb; Philippines jumps

-- 2019-01-03 12:08:15

Most Southeast Asian shares climbed on Thursday, with Philippine markets leading gains ahead of the release of inflation figures, while Singaporean stocks bucked the trend to fall sharply. Philippine...

Stocks soar; DSEX jumps in early trading

Stocks soar; DSEX jumps in early trading

FE Online Report 2019-01-03 12:02:23

The prices of most of the shares on bourses witnessed upward trend in early hour of trading on Thursday as investors are active on sector-wise issues amid growing confidence. Market analysts said the...

Asian shares mixed; Shanghai gains

Asian shares mixed; Shanghai gains

-- 2019-01-03 10:56:46

Asian share markets were mixed on Thursday after tumbling more than 1.0 per cent on the first trading day of 2019. Apple downgraded its sales projections, citing slowing Chinese growth, hitting tech...