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Independent Directors in many cos not playing due role: BSEC

Independent Directors in many cos not playing due role: BSEC

FE DESK REPORT 2020-09-23 09:54:05

The chairman of Bangladesh Securities and Exchange Commission (BSEC) on Monday said the appointments of Independent Directors in many companies in Bangladesh are made just from relatives, friends and...

DSEX falls below 5,000-mark on selling binge

DSEX falls below 5,000-mark on selling binge

FE ONLINE REPORT 2020-09-22 16:17:03

Stocks extended the losing streak for the fourth straight session Tuesday, with the key index of the major bourse dipping below 5,000-mark, as cautious investors preferred to book quick-profit on majo...

DSEX dips below 5,000-mark in early trade

DSEX dips below 5,000-mark in early trade

FE ONLINE REPORT 2020-09-22 11:45:44

Stocks witnessed a downward trend in the early trading on Tuesday as risk-averse investors preferred to book quick-profit on major sector issues following the recent price upsurge. Following the...

Apex Footwear recommends 25pc cash dividend

Apex Footwear recommends 25pc cash dividend

FE ONLINE REPORT 2020-09-22 11:34:28

The Board of Directors of Apex Footwear Limited has recommended 25 per cent cash dividend for the year ended on June 30, 2020. The board of directors has also recommended to amend/inclusion/deletion...

Regulator revises margin loan ratio

Regulator revises margin loan ratio

FE REPORT 2020-09-22 09:50:23

The Bangladesh Securities and Exchange Commission (BSEC) on Monday issued an order revising the margin loan ratio. As per the revised ratio, margin loan will be distributed at a ratio of 1:1 if the b...

Bourses extend losses as major sectors tumble

Bourses extend losses as major sectors tumble

FE ONLINE REPORT 2020-09-21 15:56:48

Stocks extended the losing streak for the third straight session on Monday as risk-averse investors preferred to book quick-profit on major sectors issues. DSEX, the prime index of the Dhaka Stock Ex...

Walton Hi-Tech makes debut trading Wednesday

Walton Hi-Tech makes debut trading Wednesday

FE ONLINE REPORT 2020-09-21 14:27:19

Walton Hi-Tech Industries Limited will make its debut trading Wednesday (September 23) on the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) under the ‘N’ category. The DS...

Mir Akhter’s share bidding now begins Oct 4

Mir Akhter’s share bidding now begins Oct 4

FE ONLINE REPORT 2020-09-21 11:52:05

The bidding for eligible investors (EIs) to fix the cut-off price of shares of Mir Akhter Hossain Ltd, a construction company, will now commence from October 4 at 5:00pm as the company revised the bid...

HSBC, StanChart's HK shares drop after 'FinCEN' leak

HSBC, StanChart's HK shares drop after 'FinCEN' leak

Reuters 2020-09-21 11:45:52

HSBC and Standard Chartered's Hong Kong shares dropped on Monday after media reports that they and other banks moved large sums of allegedly illicit funds over nearly two decades despite red...

Profit booking drags markets lower at opening

Profit booking drags markets lower at opening

FE ONLINE REPORT 2020-09-21 11:05:00

Stocks witnessed a downward trend in early trading on Monday as risk-averse investors preferred to book quick-profit on sector-wise large-cap issues following the recent price upsurge. Following the...

IPO subscription of Dominage Steel Building begins Oct 19

IPO subscription of Dominage Steel Building begins Oct 19

FE Online Report 2020-09-21 10:57:20

The initial public offering (IPO) subscription of Dominage Steel Building Systems Ltd is set to open on October 19, aiming to raise Tk 300 million from the capital market. The IPO subscription for sh...

Energypac Power's share bidding begins today

Energypac Power's share bidding begins today

FE REPORT 2020-09-21 10:08:22

Energypac Power Generation's bidding to fix the cut-off price of shares commences today (Monday) while share bidding of Mir Akhter Hossain, a construction company, is set to open September 27. Energy...

BSEC removes 17 more directors

BSEC removes 17 more directors

FE REPORT 2020-09-21 09:26:15

The securities regulator on Sunday declared the posts of 17 directors of nine separate listed companies vacant as they failed to hold the mandatory minimum of 2.0 per cent shares each despite getting...

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,...