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South Korean stocks slip, won dips

South Korean stocks slip, won dips

-- 2018-06-14 11:27:24

South Korean stocks slipped on Thursday after the Federal Reserve raised interest rates for the second time this year and indicated two more rate hikes were likely in 2018. At 01:09 GMT, the KOSPI wa...

Asian shares fall after fed raises rates

Asian shares fall after fed raises rates

-- 2018-06-14 11:14:32

Asian shares fell on Thursday after the US Federal Reserve raised its key interest rate and said it would pick up the pace of future increases. South Korea's market benchmark tumbled 1.6 per cent on...

Govt may extend IPO quota facility for small investors

Govt may extend IPO quota facility for small investors

FE Report 2018-06-14 10:27:04

The securities regulator has taken an initiative to extend the IPO quota facility for the small investors, who were affected by the capital market debacle in 2010-11. The small investors are enjoyi...

IPDC to introduce digital supply chain financing by end of the year

IPDC to introduce digital supply chain financing by end of the year

FE Report 2018-06-14 10:21:11

IPDC Finance Limited is in a process to introduce a digital supply chain financing titled ‘Orjon’ by end of the year using the blockchain technology for the first time in Bangladesh. It i...

United Power tops week’s turnover chart on DSE

United Power tops week’s turnover chart on DSE

FE Online Report 2018-06-13 19:45:24

United Power Generation & Distribution Company dominated the Dhaka Stock Exchange (DSE) turnover chart last week that ended on Tuesday. Analysts said United Power emerged as turnover leader amid...

European shares hesitant at open

European shares hesitant at open

-- 2018-06-13 16:10:24

Trading in European shares was hesitant early on Wednesday as the investors are awaited guidance from the Federal Reserve on future US rate rises. Benchmarks barely budged, with all the action at t...

Indian shares edge up on hopes of share buyback

Indian shares edge up on hopes of share buyback

-- 2018-06-13 16:09:41

Indian shares rose slightly or Wednesday, set for their third straight winning session, as top software services exporter Tata Consultancy Services Ltd gained on hopes that it would buy back stock....

China's ZTE shares plummet 39pc in resumed trade

China's ZTE shares plummet 39pc in resumed trade

-- 2018-06-13 11:22:30

Shares in Chinese technology company ZTE has plummeted 39 per cent in Hong Kong on Wednesday as trading in the firm resumed after a two-month suspension. In April, the US Commerce Department found ZT...

Asian shares fall after Trump-Kim summit

Asian shares fall after Trump-Kim summit

-- 2018-06-13 11:07:20

Asian share markets were mostly lower on Wednesday after a muted market response to the Trump-Kim summit. Investors have now turned their eyes to the trio of this week's central bank meetings. Japa...

SK Trims publishes IPO lottery results

SK Trims publishes IPO lottery results

FE Report 2018-06-13 10:44:08

SK Trims and Industries will allocate 30 million ordinary shares among the successful investors. The IPO lottery draw was held at the auditorium of Institute of Engineers, Bangladesh (IEB) in Dhaka...

Stocks tick higher ahead of Eid vacation

Stocks tick higher ahead of Eid vacation

FE Online Report 2018-06-12 15:18:32

The Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) ticked higher on Tuesday, the last trading session before Eid-ul-Fitr vacation, as investors took position on sector-wise stock...

SAML to bring new shariah fund

SAML to bring new shariah fund

FE Online Report 2018-06-12 12:58:33

Shanta Asset Management Limited (SAML) is in the process of adding a new Shariah fund named “Shanta Amanah Shariah Fund” to its existing portfolio. In this regard, a signing ceremony was...

Markets cautious before US-N Korea summit

Markets cautious before US-N Korea summit

-- 2018-06-12 12:20:44

Global markets were mostly cautious before US-North Korea summit on Tuesday, but dollar jumped after US President Donald Trump said the summit 'really very positive'. The dollar jumped to a three-w...

Asian shares inch up amid Trump-Kim summit

Asian shares inch up amid Trump-Kim summit

-- 2018-06-12 11:48:24

Asian shares were edged up on Tuesday but little changed as market players tried to digest the summit between President Donald Trump and North Korean leader Kim Jong Un in Singapore. Japan's benchm...

Bourses edge up with low turnover

Bourses edge up with low turnover

FE Online Report 2018-06-12 11:35:45

The prices of most of the shares on both bourses witnessed positive trend in early hour of trading Tuesday as some investors are showing their buying appetite on sectors-wise stocks. Following the...

SK Trims IPO lottery draw today

SK Trims IPO lottery draw today

FE Report 2018-06-12 10:54:02

The draw of SK Trims & Industries Limited IPO lottery will be held today (Tuesday) to allocate 30 million ordinary shares to the successful applicants. The draw will be held at the auditorium o...

BSEC approves Silva Pharma IPO

BSEC approves Silva Pharma IPO

FE Report 2018-06-12 10:50:34

The securities regulator has approved the IPO (initial public offering) proposal of Silva Pharmaceuticals Limited under the fixed price method. The approval came on Monday at a meeting held at the...

European shares jumps on ministers’ euro promise

European shares jumps on ministers’ euro promise

-- 2018-06-11 15:41:10

European shares jumped on Monday after Italy’s new economy minister promised to keep the country in the euro. Euro zone banks rose 1.5 per cent, helping the pan-European STOXX 600 gain 0.4 per...

Pre-Eid sale pressure erases early gains

Pre-Eid sale pressure erases early gains

FE Online Report 2018-06-11 14:46:12

Dhaka stocks ended almost flat on Monday, after two days of negative trading in the past two straight sessions on pre-Eid sale pressure. Market insiders said the market closed almost flat as pre-Eid...

Kay & Que plans to merge with Multisourcing

Kay & Que plans to merge with Multisourcing

FE Online Report 2018-06-11 12:18:32

The board of directors of Kay & Que Limited has adopted a draft scheme of amalgamation of Multisourcing Limited (Transferor Company) with Kay & Que (Transferee Company). The amalgamation is...

Stocks manage gains at opening

Stocks manage gains at opening

FE Online Report 2018-06-11 11:58:25

The prices of most of the shares on both bourses witnessed positive trend in early hour of trading Monday as some investors are showing their buying appetite on sectors-wise stocks. Following the p...

Budget frustrates CSE as it loses sight of market

Budget frustrates CSE as it loses sight of market

FE Report 2018-06-11 10:53:32

The Chittagong Stock Exchange (CSE) on Sunday expressed frustration as the budget proposed for fiscal year 2018-19 did not focus on the country's capital market as per their expectations. It urged th...

Asia stocks edge up after G7 summit

Asia stocks edge up after G7 summit

-- 2018-06-11 10:45:36

Asia stocks shook off initial modest losses and edged up on Monday ahead of a US-North Korea summit that might ease regional tensions, while investors also started to focus on key central bank meeting...

Stocks end lower after budget announcement

Stocks end lower after budget announcement

FE Online Report 2018-06-10 14:51:46

Stocks plummeted on Sunday, the first session after budget announcement, as investors reacted negatively to the proposed budget. Market insiders said investors were frustrated as there was no specifi...

BSRM to set up subsidiary co in Hong Kong

BSRM to set up subsidiary co in Hong Kong

FE Online Report 2018-06-10 13:13:44

Bangladesh Steel Re-Rolling Mills, a concern of Chittagong-based BSRM Group, has decided to set up a subsidiary company in Hong Kong. The name of the subsidiary company will be “BSRM (Hong Kong...

Stocks mostly lower on selling spree

Stocks mostly lower on selling spree

FE Online Report 2018-06-10 11:46:13

The prices of most of the shares on both bourses witnessed a negative trend in the early hour of trading Sunday as some investors continued their selling spree on sectors-wise stocks. Brokers said in...

Profits of banks, NBFIs may increase due to cut in corporate tax rate

Profits of banks, NBFIs may increase due to cut in corporate tax rate

FE Report 2018-06-10 11:00:46

Stakeholders in the banking, insurance and financial institutions (FIs) sectors have expressed satisfaction over the budget proposal to cut the corporate tax rates. They expected that the tax-cut mea...

DSE welcomes budget

DSE welcomes budget

FE Report 2018-06-10 10:43:36

Dhaka Stock Exchange (DSE) has appreciated the budgetary measures for fiscal year 2018-19, especially the importance laid on small and medium enterprises (SMEs) and setting up of industries in the dis...

Global stocks ease, dollar gains

Global stocks ease, dollar gains

-- 2018-06-09 12:19:44

Global stocks mostly eased while the dollar rose on Friday as expectations that trade tensions will dominate the Group of Seven countries’ summit weighed on sentiment. MSCI’s gauge of sto...

Wall Street ends higher amid trade tensions

Wall Street ends higher amid trade tensions

-- 2018-06-09 11:35:42

Wall Street ended higher on Friday as investors shrugged off concerns about global trade tensions but trading volume was relatively light ahead of a busy week of central bank meetings. The S&P 50...