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Bourses witness downturn at opening

Bourses witness downturn at opening

FE Online Report 2018-05-20 11:44:44

The prices of most of the shares on both bourses witnessed downward trend in early hour of trading on Sunday as most of the investors remained cautious amid poor earnings disclosures. Following the p...

Govt set to earn over Tk 1.0b in capital gains tax

Govt set to earn over Tk 1.0b in capital gains tax

Mohammad Mufazzal 2018-05-20 10:03:44

The government would get around Tk 1.1 billion in taxes at source from the revenue earned by the Dhaka Stock Exchange (DSE) through the sale of its shares to the Chinese consortium, now a strategic pa...

Global stocks steady amid political uncertainty

Global stocks steady amid political uncertainty

-- 2018-05-19 11:12:39

World stocks steadied Friday as the political uncertainty in Italy weighed on the country’s stocks and bonds as well as the euro, while Wall Street wobbled amid tepid corporate earnings and tr...

US stocks edge lower on trade tensions

US stocks edge lower on trade tensions

-- 2018-05-19 10:45:30

US stocks were mostly lower on Friday, benchmark S&P 500 stock index dipped on persistent trade concerns, while US 10-year Treasury yields declined from a near seven-year peak. The Dow Jones In...

Square Pharma attains 20pc growth in 5 yrs

Square Pharma attains 20pc growth in 5 yrs

FE Report 2018-05-19 10:21:25

Square Pharmaceuticals has attained an average growth rate of 20 per cent in the past five years, beating the national average growth rate, riding on the expanded domestic market as well as new export...

Weekly analysis: Stocks nosedive as selling frenzy continues

Weekly analysis: Stocks nosedive as selling frenzy continues

Babul Barman 2018-05-19 09:49:59

Stocks extended the loss for fourth straight week as worried investors continued heavy sell-offs amid lack of confidence. Core index of the Dhaka bourse hit one-year low, much to the chagrin of gen...

Bashundhara Paper’s IPO lottery on May 30

Bashundhara Paper’s IPO lottery on May 30

FE Online Report 2018-05-18 19:35:44

The initial public offering (IPO) lottery of Bashundhara Paper Mills Limited will be held on May 30 to allocate ordinary shares among the successful applicants. The lottery programme will be held at...

SE Asian stocks edge lower in cautious trade

SE Asian stocks edge lower in cautious trade

-- 2018-05-18 12:28:47

Most Southeast Asian stock markets slipped on Friday as investors kept a watchful eye on Sino-US trade negotiations. US stocks ended slightly lower on Thursday as investors grappled with US-China tra...

High rate of return on savings tools hobbles bond market: Experts

High rate of return on savings tools hobbles bond market: Experts

FE Report 2018-05-18 11:53:04

The yield rates on government savings instruments should be rationalised to help develop long-term securities markets in Bangladesh, experts said Thursday. They also recommended developing pension...

Chinese consortium has priorities set for DSE

Chinese consortium has priorities set for DSE

Mir Mostafizur Rahaman 2018-05-18 11:47:02

Lack of confidence and liquidity shortage are the main problems of the capital market in Bangladesh, and the first priorities of the consortium of Shanghai and Shenzhen stock exchanges would be to dev...

Net foreign investment in stocks trebles in March

Net foreign investment in stocks trebles in March

FE Report 2018-05-18 11:41:03

The net foreign investment in the country's capital market more than trebled year-on-year in March 2018 as overseas investors were tempted by the slump in the stock market, according to a quarterly...

Asia stocks edge up

Asia stocks edge up

Reuters 2018-05-18 09:56:40

Asian stocks edged up on Friday as investors kept a cautious watch on developments in US-China trade negotiations, with the dollar perched near a five-month peak after the benchmark US Treasury yield...

DSE hits record low amid continued slide

DSE hits record low amid continued slide

FE Online Report 2018-05-17 16:28:57

Stocks suffered a big fall Thursday, with prime index of Dhaka Stock Exchange (DSE) dipping to one year lowest level, amid persistent selling spree for the 12 sessions. Market operators said invest...

Stock markets mixed in SE Asia

Stock markets mixed in SE Asia

-- 2018-05-17 13:12:23

Southeast Asian stock markets were mixed on Thursday, while Indonesia, Malaysian shares climbed and the markets in Philippines, Vietnamese slipped. The Indonesian shares edged higher ahead of the cen...

Asian stocks meander after strong US data

Asian stocks meander after strong US data

-- 2018-05-17 12:53:04

Asian stocks were mixed on Thursday after strong factory data from the US helped spur gains overnight on Wall Street. Investors shrugged off a report Thursday of weak machinery orders in Japan a da...

Renata to set-up subsidiary in UK

Renata to set-up subsidiary in UK

FE Online Report 2018-05-17 12:24:05

The board of directors of Renata Limited has given the approval to establish a subsidiary company in UK fulfilling the regulatory requirement to export in the EU countries in the name of Renata (UK)...

Bourses edge down at opening

Bourses edge down at opening

FE Online Report 2018-05-17 11:37:21

The bourses witnessed slightly downward trend amid slow movement in early trading Thursday as investors mostly followed cautious stance amid poor quarterly earnings declarations. Following the prev...

Stock exchanges to form CCBL in a week

Stock exchanges to form CCBL in a week

FE Report 2018-05-17 11:32:35

The country's stock exchanges will form a new company, namely Centre Counterparty Bangladesh Limited (CCBL), within a week to foster payments system against the shares sold through the trading platf...

NCC Bank enjoys ‘sound financial position’

NCC Bank enjoys ‘sound financial position’

FE Report 2018-05-17 11:29:48

NCC Bank Ltd, a second generation private commercial bank (PCB) turns 25 today (Thursday) aiming to broaden its services among the teeming millions across the country.   The second generation P...

Ten top-traded cos clinch 36pc transaction

Ten top-traded cos clinch 36pc transaction

FE Report 2018-05-17 11:24:36

Ten top-traded companies captured more than 36 per cent transactions on the Dhaka Stock Exchange (DSE) Wednesday, with Western Marine Shipyard topping the list for the fifth straight session. Marke...

Premier Leasing approves 10pc dividend

Premier Leasing approves 10pc dividend

-- 2018-05-17 11:21:32

Premier Leasing & Finance Limited approved 5.0 per cent cash and 5.0 per cent stock, total 10 per cent, dividend for the year 2017 at its 16th annual general meeting (AGM) at a city hotel recently...

European shares rise slightly at opening

European shares rise slightly at opening

-- 2018-05-16 16:16:34

European shares rose slightly at the opening session on Wednesday, supported by strength in mining stocks and some solid earnings updates, although a drop in Italian banks on fresh political worries...

DSE, CSE slip for 11th-day

DSE, CSE slip for 11th-day

FE Online Report 2018-05-16 16:08:12

Stocks witnessed yet another bearish session Wednesday, extending the losing spell for the eleven sessions in a row, as investors kept their selling spree on sector-wise issues ahead of Ramadan. Insi...

SE Asia stocks fall tracking Asian peers

SE Asia stocks fall tracking Asian peers

-- 2018-05-16 12:42:13

Southeast Asian stock markets were mostly lower on Wednesday tracking Asian peers after North Korea called off talks with Seoul. MSCI's broadest index of Asia-Pacific shares outside Japan dropped 0.2...

Delta Life Ins recommends 25pc dividend

Delta Life Ins recommends 25pc dividend

FE Online Report 2018-05-16 11:39:45

The board of directors of Delta Life Insurance Company Limited has recommended 25 per cent cash dividend for the year ended on December 31, 2017, said an official disclosure on Wednesday. The final...

Stocks lose ground at opening

Stocks lose ground at opening

FE Online Report 2018-05-16 11:22:57

The prices of most of the shares on both bourses witnessed downward trend in early trading Wednesday as investors mostly followed cautious stance amid poor quarterly earnings declarations. Following...

Asia shares fall as N Korea halts talks

Asia shares fall as N Korea halts talks

-- 2018-05-16 11:04:40

Asian stock markets dipped on Wednesday after Pyongyang abruptly called off talks with Seoul, throwing a US-North Korean summit into doubt, while surging bond yields revived worries about faster US in...

UCB signs MoU with Le Méridien

UCB signs MoU with Le Méridien

-- 2018-05-16 00:54:56

United Commercial Bank Limited (UCB) recently signed an MOU with Le Méridien Dhaka at the premises of the hotel, according to a statement. Under the MOU, UCB Platinum Credit Cardholders will e...

Stocks extend losses for 10 straight sessions

Stocks extend losses for 10 straight sessions

FE Online Report 2018-05-15 15:30:04

Stocks witnessed yet another bearish session Tuesday, extending the losing streak for the ten sessions in a row, as investors kept their selling spree on sector-wise issues ahead of Ramadan. Market...

LankaBangla Finance to issue bond worth Tk 3b

LankaBangla Finance to issue bond worth Tk 3b

FE Online Report 2018-05-15 12:15:19

The board of directors of LankaBangla Finance has approved the issuance of subordinated bond of Tk 3.0 billion, said an official disclosure on Tuesday. The non-bank financial institution is going t...