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Weekly review: Stocks rebound riding on GP

Babul Barman September 28, 2019 10:53:08

Stocks rebounded strongly in the outgoing week, snapping a four-week losing streak, as optimistic investors showed their buying spree on large-cap shares. Week on week, DSEX, the prime index of the D...

Ten cos snare one-fourth turnover

FE Report September 28, 2019 10:49:30

Ten most traded companies accounted for one-fourth transactions on the prime bourse in the outgoing week, with the Grameenphone (GP) generating the highest turnover. Market analysts said investors sh...

ACI to set up new subsidiary company

FE Online Report September 27, 2019 18:27:22

Advanced Chemical Industries Ltd (ACI), a listed company with local bourses, has decided to set up a new subsidiary company named – ‘ACI Marine and Riverine Technologies Ltd’. The d...

European shares rise on trade optimism

-- September 27, 2019 14:35:12

European shares rose on Friday while hopes of a quick resolution to the US-China trade war offset worries of slowing economic growth and rising political risks. The pan-European STOXX 600 index rose...

PBOC drains 10b yuan from market

-- September 27, 2019 14:30:43

People's Bank of China (PBOC) drained 10 billion yuan (about 1.41 billion US dollars) from the financial system on Friday, with more reverse repos maturing than conducted. The central bank injected a...

Ten companies account for 27pc transactions on DSE

FE REPORT September 27, 2019 11:32:22

Ten most traded companies accounted for nearly 27 per cent of transactions on the prime bourse on Thursday, with the National Tubes bagging the top spot of the turnover chart. The state-run National...

Encouraging trade talks boost European shares

-- September 27, 2019 00:31:56

European shares moved higher on Thursday, with technology shares leading the charge after encouraging comments from China on trade with the United States soothed sentiment that was rattled by growth w...

Stocks snap two-day losing spell

FE Online Report September 26, 2019 16:02:45

Stocks edged higher on Thursday, snapping a two days losing streak, as some investors showed their appetite on selective large-cap shares. The market opened on positive note and key index rose more t...

Cold Chain BD enters into joint venture agreement with IFC

FE Online Report September 26, 2019 11:56:56

Cold Chain Bangladesh Ltd (CCBL), owned by Golden Harvest Ice Cream Ltd and Golden Harvest Foods Ltd, has entered into a joint venture agreement with the IFC to invest in a network of temperature-cont...

Peninsula Chittagong recommends 7.50pc div

FE Online Report September 26, 2019 11:34:51

The board of directors of The Peninsula Chittagong Limited has recommended 7.50 per cent cash dividend for the year ended on June 30, 2019, said an official disclosure on Thursday. The final approval...

Stocks slightly up in early trading

FE Online Report September 26, 2019 11:30:57

Stocks witnessed upward trend in early hour of trading on Thursday as risk-averse investors are showing their buying binge on large-cap issues like GP. Following the previous two days’ correc...

Stocks extend losses amid dull trading

FE Online Report September 25, 2019 16:03:49

Stocks extended losses for the second straight session on Wednesday as risk-averse investors continued their selling binge on sector-wise shares. DSEX, the prime index of the Dhaka Stock Exchange (DS...

Stocks mixed amid volatile trading

FE Online Report September 25, 2019 11:36:16

Stocks witnessed volatility in early hour of trading on Wednesday as investors mostly followed cautious stance. Following the previous day’s correction, the Dhaka Stock Exchange (DSE) and the C...

Fortune Shoes generates highest turnover on DSE

FE Report September 25, 2019 10:50:45

Ten most traded companies captured 29 per cent transactions on the Dhaka Stock Exchange (DSE) on Tuesday, with the Fortune Shoes making it to the top of the turnover list. Market analysts said invest...

Stocks break two-day winning streak

FE Online Report September 24, 2019 15:49:52

Stocks returned to the red on Tuesday, snapping a two-day winning spell, as risk-averse investors went on selling binge on major stocks. DSEX, the benchmark index of the Dhaka Stock Exchange, lost...

PBOC pumps $5.6 billion into market

-- September 24, 2019 14:11:51

The People's Bank of China (PBOC), the central bank of the country, pumped 40 billion yuan (about 5.6 billion US dollars) into the financial system Tuesday. The PBOC injected the liquidity through 14...

DSEX loses 23.36 points in early trading

FE Online Report September 24, 2019 11:41:33

Stocks witnessed downturn in early hour of trading on Tuesday as risk-averse investors went on selling binge on sector-wise issues. Following the previous two days’ sharp gain, the Dhaka Stock...

Tax waiver for HNIs in ins, other areas sought

FE Desk Report September 24, 2019 11:00:59

Venture Capital and Private Equity Association of Bangladesh (VCPEAB) has sought policy support to promote alternative investment fund industry. "Investment by high net worth individuals (HNI) in Alt...

ICB Unit Fund likely to be opened for all

Mohammad Mufazzal September 24, 2019 10:08:29

The Investment Corporation of Bangladesh (ICB) has moved to resume full operation of the country's largest-ever unit fund - ICB Unit Fund - by opening the scope of purchasing its units for all investo...

Stocks extend winning streak on BB moves

FE Report September 23, 2019 15:52:37

Stocks extended the gaining streak for the second straight sessions on Monday riding on Bangladesh Bank’s move to ease liquidity crunch in the capital market. The central bank has announced a f...

Asian shares dip on geopolitical tensions

-- September 23, 2019 12:30:00

Most Asian share markets slipped on Monday as investors waited for more clarity on the Sino-US trade talks after recent negotiations, while oil gained more than 1.0 per cent as Middle East tensions re...

Stocks open flying note on BB moves

FE Online Report September 23, 2019 11:29:02

Stocks witnessed steep rise in early hour of trading on Monday as investors are showing their appetite on large-cap shares. Market analysts said market saw a sharp gain at opening riding on the centr...

Summit Power recommends 35pc cash dividend

FE Online Report September 23, 2019 11:15:23

The board of directors of Summit Power Ltd has recommended 35 per cent cash dividend for the year ended on June 30, 2019, said an official disclosure on Monday. The final approval of the dividend wil...

BB’s new policy could help prop up capital market

Siddique Islam September 23, 2019 09:52:58

The central bank has announced a fresh policy for providing temporary liquidity support to the scheduled banks for boosting their investment in the country's ailing capital market. Under the new poli...

Stocks rebound strongly riding on GP

FE Online Report September 22, 2019 17:55:50

Stocks rebounded strongly on Sunday as all three indices soared by more than 1.0 per cent each, powered by investors’ buying spree on large-cap stocks. Stockbrokers said the market registered a...

Public subscription of Ashuganj Power opens Monday

FE Online Report September 22, 2019 15:36:45

Public subscription of state-run Ashuganj Power Station Company Ltd will open tomorrow (Monday), aiming to raise Tk 1.0 billion. The initial public offering (IPO) subscription will stay open for both...

JMI Syringes recommends 30pc cash dividend

FE Online Report September 22, 2019 12:51:10

JMI Syringes & Medical Devices Ltd has recommended 30 per cent cash dividend for the year ended on June 30, 2019, said an official disclosure on Sunday. The final approval of the dividend will co...

Stocks open higher as GP surges

FE Online Report September 22, 2019 11:42:25

Stocks witnessed an upward trend in early hour of trading on Sunday as investors showed their appetite on large-cap shares. Grameenphone led the rising index rise, followed by Square Pharma, Beximco...

Beacon Pharma sees steady growth

FE REPORT September 22, 2019 11:11:16

Beacon Pharmaceuticals, one of the leading pharmaceutical companies, has displayed a steady growth for last five years in its financial indicators, including net profits. The company's earnings p...

Weekly analysis: Stocks continued to plummet

Babul Barman September 21, 2019 10:37:22

Stocks continued to plummet in the outgoing week, extending the losing streak for the fourth consecutive week, as investor sentiment remained grim despite the government's move to prop up the market....