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Nikkei hits seven-week high

Nikkei hits seven-week high

-- 2018-12-03 11:41:30

Japan’s Nikkei surged to a seven-week high on Monday after the United States and China on the weekend suspended new tariffs and agreed to try reaching a trade deal within 90 days, which lifted g...

Eastern Cables recommends 10pc div

Eastern Cables recommends 10pc div

FE Online Report 2018-12-03 11:33:09

The board of directors of Eastern Cables Limited has recommended 10 per cent stock dividend for the year ended on June 30, 2018, said an official disclosure on Monday. The final approval will come...

DSEX crosses 5,300-mark in early trading

DSEX crosses 5,300-mark in early trading

FE Online Report 2018-12-03 11:28:58

The prices of most of the shares witnessed upward trend in early hour of trading on Monday as optimistic investors are showing their buying spree on sector-wise issues. Following the previous day&r...

IFAD revises schedule of rights utilisation proceeds

IFAD revises schedule of rights utilisation proceeds

FE Report 2018-12-03 10:37:30

The board of directors of IFAD Autos has decided to revise rights share utilisation proceeds and sought one year more time to utilise the proceeds. The revision of rights share utilisation proceeds...

Asian shares rally on Sino-US trade truce, oil bounces

Asian shares rally on Sino-US trade truce, oil bounces

Reuters 2018-12-03 10:21:41

Asian shares rallied on Monday after US and Chinese leaders brokered a truce in their trade conflict, a relief for the global economic outlook and a tonic for emerging markets. Trade-exposed currenci...

Stocks witness marginal gain

Stocks witness marginal gain

FE Online Report 2018-12-02 17:17:22

Stocks posted marginal gain on Sunday, after a single-day break, as investors went on late hours buying spree. DSEX, the prime index of the Dhaka Stock Exchange (DSE), settled at 5,290, advancing 9.5...

IFAD revises schedule of rights share utilisation proceeds

IFAD revises schedule of rights share utilisation proceeds

FE Online Report 2018-12-02 14:17:49

The board of directors of IFAD Autos has decided to revise rights share utilisation proceeds and seek one more year to utilise the rights share proceeds. The revision of rights share utilisation proc...

Stocks witness marginal rise at opening

Stocks witness marginal rise at opening

FE Online Report 2018-12-02 11:35:36

The prices of most of the shares witnessed a marginal rise in the early hour of trading on Sunday as investors mostly followed a cautious stance. Following the previous week’s mild correction,...

Trump-Xi meeting puts stock market on edge

Trump-Xi meeting puts stock market on edge

Reuters 2018-12-02 10:50:44

Trade tensions that have clouded Wall Street’s outlook for more than eight months will come to a head this weekend at a global political summit, with investors bracing for a range of outcomes th...

Price hike of raw materials hits cement companies' EPS

Price hike of raw materials hits cement companies' EPS

Mohammad Mufazzal 2018-12-02 10:32:34

Price hike of raw materials has affected the cement manufacturers of the country, market insiders said. Because of increased production cost, the earning of most of the listed cement companies declin...

Three cos recommend no dividend for second consecutive year

Three cos recommend no dividend for second consecutive year

FE Report 2018-12-02 10:22:42

Three listed companies have recommended no dividend for the second consecutive year amid losses incurred in last years. The companies are Mithun Knitting and Dyeing, Bangladesh Services and Tallu Spi...

Sonali Bank seeks to issue 40 million shares

Sonali Bank seeks to issue 40 million shares

FE Report 2018-12-02 10:00:37

The state-run Sonali Bank wants to increase its paid-up capital to Tk 45.30 billion to urgently meet its capital shortage, officials said. In November last, Sonali Bank Limited (SBL) general manager...

Wall St climbs ahead of G-20 meeting

Wall St climbs ahead of G-20 meeting

-- 2018-12-01 12:12:41

US stocks climbed on Friday as President Donald Trump and President Xi Jinping of China prepared to meet and discuss trade, a meeting investors hope will start to resolve the two nations’ trad...

CSRC approves two new IPOs

CSRC approves two new IPOs

-- 2018-12-01 12:11:52

China Securities Regulatory Commission (CSRC) has approved the initial public offering (IPO) applications of two companies. Electronics manufacturer Jiangsu Lettall Electronic Co, Ltd. and Bank of...

Weekly analysis: Equities sink back into the red

Weekly analysis: Equities sink back into the red

FE Report 2018-12-01 10:22:51

Stocks returned to the red this week, as cautious investors sold off shares of major sectors to book profit. The last trading session of the week was held on Thursday. Market operators said most o...

Most IT firms see higher Q1 EPS

Most IT firms see higher Q1 EPS

FE Report 2018-12-01 10:16:53

Most of the listed IT companies saw their earnings rise in the first quarter (Q1) of the current financial year (FY), 2018-19, compared to the same period of the previous fiscal year. People familiar...

Indian shares hit record high

Indian shares hit record high

-- 2018-11-30 13:18:57

Indian shares inched up on Friday, while the Indian rupee strengthened to a fresh three-month high ahead of key economic growth data later in the day. Broader Asian markets wavered as investors rem...

Asian shares mixed ahead of G-20 summit

Asian shares mixed ahead of G-20 summit

-- 2018-11-30 12:16:19

Asia shares were mixed on Friday ahead of the planned meeting by Presidents Donald Trump and Xi Jinping at the Group of 20 summit this weekend. Japan's Nikkei 225 index climbed 0.4 per cent to 22,348...

SS Steel to allot 25m ordinary shares

SS Steel to allot 25m ordinary shares

FE Report 2018-11-30 10:52:49

SS Steel Ltd. will allot 25 million ordinary shares among successful applicants picked through the lottery draw for the company's initial public offering (IPO) held on Thursday. The lottery draw was...

Quasem Industries approves 12pc stock div

Quasem Industries approves 12pc stock div

FE Desk Report 2018-11-30 10:48:02

The shareholders of Quasem Industries Ltd approved 12 per cent stock dividend, considering the net profit before tax at Tk 105.73 million, EPS at Tk 1.51 for the financial year 2017-18. The approval...

Gulf markets inches up in quiet trading

Gulf markets inches up in quiet trading

-- 2018-11-29 16:14:52

Major Gulf markets inched up in quiet trade early on Thursday, getting only a minor boost from Wall Street’s sharp rally because oil prices remain low. The Abu Dhabi stock market recovered s...

Stocks end flat, DSEX drifts lower

Stocks end flat, DSEX drifts lower

FE Online Report 2018-11-29 15:56:56

Stocks ended nearly flat on Thursday, while DSEX, the prime index of the main bourse, drifted lower as cautious investors sold shares. Market insiders said most of the investors followed cautious s...

Indian shares rise; metals shine

Indian shares rise; metals shine

-- 2018-11-29 13:50:46

Indian shares rose 1.0 per cent on Thursday, tracking broader Asian markets that rallied after the US Federal Reserve chairman’s comments. Asian stocks tracked a surge on Wall Street, after F...

Asian shares rise after Fed chief comments

Asian shares rise after Fed chief comments

-- 2018-11-29 11:48:21

Asian shares followed Wall Street higher on Thursday after US Federal Reserve Chairman Jerome Powell suggested the pace of interest rate increases might slow. The Shanghai Composite Index rose 0.6 pe...

Stocks creep higher amid political tensions

Stocks creep higher amid political tensions

FE Online Report 2018-11-29 11:39:00

The prices of most of the shares on bourses witnessed positive trend in early hour of trading on Thursday as investors are active on sector-wise issues. Following the previous day’s flat move...

Subscription of 'SEML FBLSL Growth Fund' to open Dec 2

Subscription of 'SEML FBLSL Growth Fund' to open Dec 2

FE Report 2018-11-29 10:58:41

The public subscription of 'SEML FBLSL Growth Fund', a closed-end mutual fund, will be started on December 02. The growth fund, which is 10 years tenure, will raise a fund worth Tk 550 million from...

Stakeholders should work together for dev of capital market: BSEC chief

Stakeholders should work together for dev of capital market: BSEC chief

FE Report 2018-11-29 10:50:50

The stakeholders should work together for further development of the country's capital market. Professor M. Khairul Hossain, the chairman of Bangladesh Securities and Exchange Commission (BSEC), sa...

Stocks slip as risk-off sentiment grips markets

Stocks slip as risk-off sentiment grips markets

FE Online Report 2018-11-28 15:32:42

Stocks slipped into the red on Wednesday after volatile trading as investors remained followed cautious stance ahead of national elections. Market operators said majority of the investors were not...

Mideast stocks mostly quiet at opening

Mideast stocks mostly quiet at opening

-- 2018-11-28 15:04:48

Most of the Gulf markets were little changed early on Wednesday, while the Dubai stock market inched up after sinking to a 34-month low in the last session. The Dubai index, which had lost 1.0 per...

European shares rebound at open

European shares rebound at open

-- 2018-11-28 14:59:23

European shares rebounded at the open on Wednesday as the trade war fears eased on the prospect of a meeting between the US and Chinese presidents at a G20 meeting in Argentina. The pan-European STOX...