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The Financial Express

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BD Finance declares 6.0pc cash, 6.0pc stock dividend

BD Finance declares 6.0pc cash, 6.0pc stock dividend

FE ONLINE REPORT 2021-02-18 12:23:39

The board of directors of BD Finance has recommended 6.0 per cent cash and 6.0 per cent stock dividend for the year ended on December 31, 2020. The final approval of dividend will come during the ann...

Stocks down at opening amid lacklustre trade

Stocks down at opening amid lacklustre trade

FE ONLINE REPORT 2021-02-18 11:44:25

Stocks witnessed marginal fall in the early trading on Thursday as investors continued their sell-offs on sector-wise issues amid persistent lacklustre trading. Following the previous day’s mar...

IDLC Finance declares 35pc cash dividend

IDLC Finance declares 35pc cash dividend

FE ONLINE REPORT 2021-02-18 11:20:12

The board of directors of IDLC Finance has recommended a 35 per cent cash dividend for the year ended on December 31, 2020. The final approval of dividend will come during the annual general meeting...

IPDC recommends 12pc cash dividend

IPDC recommends 12pc cash dividend

FE ONLINE REPORT 2021-02-18 11:02:54

The board of directors of IPDC Finance has recommended 12 per cent cash dividend for the year ended on December 31, 2020. The final approval of dividend will come during the annual general meeting (A...

Nasdaq falls as big tech slides

Nasdaq falls as big tech slides

-- 2021-02-18 10:50:42

The Nasdaq closed lower while the S&P 500 was little changed on Wednesday as investors rotated out of technology shares and concerns about inflation added some pressure on stocks. The Dow Jones I...

Lub-rref to hold IPO lottery draw February 23

Lub-rref to hold IPO lottery draw February 23

FE REPORT 2021-02-18 10:13:23

Lub-rref (Bangladesh), a local lubricant producer, is set to hold initial public offering (IPO) lottery draw on February 23 to allocate 45.24 million ordinary shares. The IPO subscription of Lub-rref...

Elon Musk's SpaceX raises $850 million in fresh funding

Elon Musk's SpaceX raises $850 million in fresh funding

Reuters 2021-02-17 13:57:15

Tesla boss Elon Musk’s SpaceX completed an equity funding round of $850 million that sent its valuation to about $74 billion last week, according to a CNBC report run by Reuters on Tuesday. Spa...

Stocks open mixed amid choppy trading

Stocks open mixed amid choppy trading

FE ONLINE REPORT 2021-02-17 11:34:35

Stocks witnessed a mixed trend in the early trading on Wednesday as investors mostly followed a cautious stance amid lack of clear direction. Following the previous day’s marginal fall, the Dha...

Robi asked to 'revise no dividend decision'

Robi asked to 'revise no dividend decision'

FE Report 2021-02-17 08:48:40

The leading telecom operator Robi Axiata came under the securities regulator's action for its failure to declare any dividend for the year 2020. The Bangladesh Securities and Exchange Commission (BSE...

Stocks slip into red after single-day break

Stocks slip into red after single-day break

FE ONLINE REPORT 2021-02-16 16:24:42

Stocks slipped into the red on Tuesday, after a single-day break, as the second largest mobile phone operator Robi declared no dividend for the year 2020. Robi Axiata declared no dividends for its sh...

Asia's surging shares keep global bull run on track

Asia's surging shares keep global bull run on track

REUTERS 2021-02-16 14:05:07

Asian shares rallied on Tuesday, setting the stage for world equities to extend their bull run for a 12th consecutive session, as investors banked on a rollout of coronavirus vaccines to keep the glob...

Global shares rise, oil up on Middle East tensions

Global shares rise, oil up on Middle East tensions

-- 2021-02-16 10:25:12

Global shares rose for the 11th day in a row to reach a fresh peak on optimism about the rollout of COVID-19 vaccines and new fiscal aid from Washington, while tensions in the Middle East drove oil to...

BSEC to consider 'adjusted' share price

BSEC to consider 'adjusted' share price

FE Report 2021-02-16 10:15:26

The securities regulator has decided to consider the 'adjusted' share price as the revised floor price of any listed securities. The Bangladesh Securities and Exchange Commission (BSEC) took the de...

Robi declares ‘no” dividend after listing

Robi declares ‘no” dividend after listing

FE ONLINE REPORT 2021-02-15 20:17:05

Robi Axiata, the country’s second largest telecom operator, has declared “no” dividend for the year ended on December 31, 2020, after listing with the stock market this year. The bo...

Stocks bounce back as large-cap stocks surge

Stocks bounce back as large-cap stocks surge

FE ONLINE REPORT 2021-02-15 15:53:06

Stocks rebounded strongly on Monday, snapping a two-day losing streak, as optimistic investors showed their appetite on large-cap lucrative issues. Following the previous two days’ price fall,...

Stocks inch up at opening after two-day fall

Stocks inch up at opening after two-day fall

FE ONLINE REPORT 2021-02-15 11:29:21

Stocks witnessed an upward trend in early trading on Monday, after remaining down in the past two sessions, as bargain hunters showed their appetite on lucrative issues. Following the previous two da...

Green Delta Insurance declares 32pc dividend for 2020

Green Delta Insurance declares 32pc dividend for 2020

FE ONLINE REPORT 2021-02-15 11:22:52

The board of directors of Green Delta Insurance has recommended 24.5 per cent cash and 7.5 per cent stock dividend for the year ended on December 31, 2020. The final approval of the dividend will com...

Stocks extend losses amid lacklustre trade

Stocks extend losses amid lacklustre trade

FE Online Report 2021-02-14 15:52:52

Stocks extended the losing streak for the second straight session on Sunday amid persistently lacklustre trade. The market swung between negative and positive several times during the trading session...

Stocks open week on choppy trading

Stocks open week on choppy trading

FE ONLINE REPORT 2021-02-14 11:57:51

Stocks witnessed volatility in early trading on Sunday, the first day of the week, as investors mostly followed cautious mode. Following the previous day’s marginal fall, the Dhaka Stock Exchan...

Stock market regulator taking more actions against wrongdoers

Stock market regulator taking more actions against wrongdoers

Mohammad Mufazzal 2021-02-14 09:07:11

The regulatory measures against the issuers and market operators continued to rise to ensure the compliance in market operations. The data regarding the securities regulator's enforcement actions r...

IPO subscription of Desh Insurance begins Sunday

IPO subscription of Desh Insurance begins Sunday

FE REPORT 2021-02-13 10:01:35

The IPO subscription of Desh General Insurance will open tomorrow (Sunday), aiming to raise Tk 160 million under the fixed price method. The general insurer's initial public offering (IPO) subscripti...

BATBC shares jump almost 13pc on hefty dividend declaration

BATBC shares jump almost 13pc on hefty dividend declaration

FE REPORT 2021-02-12 10:00:16

Shares of British American Tobacco Bangladesh Company (BATBC) jumped 12.62 per cent to close at Tk 1,700.30 on Thursday following its hefty dividend declaration. The multinational tobacco company s...

Stocks slip into red after two-day rise

Stocks slip into red after two-day rise

FE Online Report 2021-02-11 16:31:53

The market slipped into the red on Thursday, spanning a two-day gaining streak, as investors mostly followed cautious stance. The market swung between negative and positive several times during the t...

Stocks post marginal gains at opening amid rising turnover

Stocks post marginal gains at opening amid rising turnover

FE ONLINE REPORT 2021-02-11 11:50:31

Stocks opened marginally higher on Thursday, with bargain hunters remaining active on lucrative issues, particularly on British American Tobacco following its high dividend declaration news. Within t...

BATBC declares 300pc final cash, 200pc stock dividend

BATBC declares 300pc final cash, 200pc stock dividend

FE ONLINE REPORT 2021-02-11 11:13:44

The board of directors of British American Tobacco has recommended 300 per cent final cash dividend and 200 per cent stock dividend for the year ended on December 31, 2020. However, the total cash di...

Baraka Patenga Power's IPO share bidding now begins February 22

Baraka Patenga Power's IPO share bidding now begins February 22

FE REPORT 2021-02-11 09:10:09

Baraka Patenga Power's bidding to explore the cut-off price of its shares now will begin on February 22 instead of earlier schedule for February 15 as the issuer company announced a fresh date of bidd...

Association of companies places proposals on dividend distribution to regulator

Association of companies places proposals on dividend distribution to regulator

FE REPORT 2021-02-11 09:00:11

The Bangladesh Association of Publicly Listed Companies (BAPLC) has placed a set of recommendations in response to the Bangladesh Securities and Exchange Commission's (BSEC) recent directive regarding...

Stocks edge higher after bumpy ride

Stocks edge higher after bumpy ride

FE ONLINE REPORT 2021-02-10 16:18:42

The market ended marginally higher on Wednesday, after a sharp rise in the previous day, as bargain hunters continued to show their appetite on sector specific stocks. Scaling a fresh intra-day peak...

BSEC launches online BO account opening system

BSEC launches online BO account opening system

FE ONLINE REPORT 2021-02-10 11:53:07

The stock market regulator inaugurated the online beneficiary owners’ (BO) account opening system, in Dubai as well as at its own office in Dhaka on Tuesday. The Bangladesh Securities and Excha...

Stocks open positive amid rising turnover

Stocks open positive amid rising turnover

FE ONLINE REPORT 2021-02-10 11:47:26

Stocks opened higher on Wednesday, maintaining the previous day’s sharp rally, as bargain hunters were active on lucrative issues. Shares of Taufika Foods and Agro Industries, which made its de...