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The Financial Express
Swasti Lankabangla Swasti Lankabangla

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CSE revises CSE-50 Index, effective from Sept 20

CSE revises CSE-50 Index, effective from Sept 20

FE ONLINE REPORT 2020-09-07 13:16:06

The Chittagong Stock Exchange has revised its CSE-50 Index on the basis of performance of the listed companies. The new index will be effective from September 20. The port city’s bourse reviews...

Asian shares fragile amid Covid-19 challenges

Asian shares fragile amid Covid-19 challenges

-- 2020-09-07 12:54:31

Asian shares were on the defensive on Monday as investors grappled with sky-high valuations against the backdrop of a global economy in the grip of a deep coronavirus-induced recession while oil price...

Padma Oil inks business deal with Beximco LPG Unit-1

Padma Oil inks business deal with Beximco LPG Unit-1

FE ONLINE REPORT 2020-09-07 11:37:12

The state-owned petroleum distributor Padma Oil Company has signed an agreement with Beximco LPG Unit-1 to sell liquefied petroleum gas (LPG). Under the agreement, Padma Oil will sell the LPG by esta...

Stocks see positive trading at opening

Stocks see positive trading at opening

FE ONLINE REPORT 2020-09-07 10:57:25

Prices of most of the shares on the bourses witnessed an upward trend on Monday as optimistic investors continued their buying binge buoyed by investors’ optimism amid gradual economic rebound....

Enhancing transparency: BSEC issues new decree on MFs' disclosure

Enhancing transparency: BSEC issues new decree on MFs' disclosure

FE REPORT 2020-09-07 10:22:20

The securities regulator has issued a new directive on financial reporting and disclosure of mutual funds (MFs) and asset managers to enhance transparency in disclosure for the interest of investors a...

Bourses keep gaining riding on regulatory moves

Bourses keep gaining riding on regulatory moves

FE ONLINE REPORT 2020-09-06 15:47:22

Stocks extended the gaining streak on Sunday as enthusiastic investors continued their buying binge on sector-wise issues riding on regulatory moves to restore discipline in the country’s capita...

Energypac Power’s share bidding to open Sept 21

Energypac Power’s share bidding to open Sept 21

FE Online Report 2020-09-06 15:40:47

The bidding for eligible investors (EIs) to discover the cut-off price of shares of Energypac Power Generation Ltd will commence from September 21 at 5:00pm. The power generation company’s shar...

Rupali Bank AGM approves ‘no’ divined

Rupali Bank AGM approves ‘no’ divined

FE ONLINE REPORT 2020-09-06 12:21:26

The shareholders of Rupali Bank Ltd approved ‘no’ dividend for the year ended on December 31, 2019 in its 34th annual general meeting (AGM) held on Thursday. The board of directors of the...

Stocks open week on positive note

Stocks open week on positive note

FE ONLINE REPORT 2020-09-06 11:18:23

Stocks posted a marginal gain in early trading on Sunday as investors are active on sector-wise issues riding on regulatory steps to bring discipline in the capital market. After crossing the prime i...

Janata Insurance declares 10pc cash dividend

Janata Insurance declares 10pc cash dividend

FE Online Report 2020-09-06 10:58:39

The board of directors of Janata Insurance Company Ltd has recommended a 10 per cent cash dividend for the year ended on December 31, 2019. The final approval of the dividend will come during the ann...

Walton Hi-Tech to hold IPO lottery draw today

Walton Hi-Tech to hold IPO lottery draw today

FE REPORT 2020-09-06 10:46:28

Walton Hi-Tech Industries is set to hold IPO (initial public offering) lottery draw today (Sunday), aiming to allocate 1.55 million IPO shares among the successful applicants. The lottery draw will b...

Mutual funds' values of assets mark rise

Mutual funds' values of assets mark rise

Mohammad Mufazzal 2020-09-06 10:44:05

Values of assets managed under the portfolios of listed mutual funds (MFs) rose moderately on the basis of market price in last three months following surge of the share prices of many companies. Net...

Subscription of Associated Oxygen begins September 10

Subscription of Associated Oxygen begins September 10

FE REPORT 2020-09-05 10:38:14

The initial public offering (IPO) subscription of Associated Oxygen Ltd will begin on September 10, aiming to raise Tk 150 million from the capital market. The IPO subscription for shares of the co...

BSEC fines three stockbrokers for violating rules

BSEC fines three stockbrokers for violating rules

FE REPORT 2020-09-04 10:03:55

The stock market regulator has fined three stockbrokers and the chairman and a director of Fareast Finance & Investment for breaching securities rules. The securities regulator has also banned RN...

Tax receipts from DSE jump 31pc in Aug

Tax receipts from DSE jump 31pc in Aug

Babul Barman 2020-09-04 10:00:26

The government's revenue earnings from the Dhaka Stock Exchange (DSE) surged 31 per cent month on month in August, with the trading volume on the premier bourse rising on the back of regulatory moves...

DSEX crosses 4,900-mark after 11-month

DSEX crosses 4,900-mark after 11-month

FE ONLINE REPORT 2020-09-03 15:42:23

Stocks kept the winning streak for second straight sessions on Thursday as investors continued their buying binge on large-cap issues riding on regulatory moves to restore discipline in the country&rs...

DSEX exceeds 4,900-mark in early trading

DSEX exceeds 4,900-mark in early trading

FE ONLINE REPORT 2020-09-03 11:00:44

Stocks witnessed marginal gain in early trading on Thursday, with the key index crossing the 4900-mark, as investors are active on sector-wise issues riding on regulatory steps to bring discipline in...

12 'Z' category cos upgraded

12 'Z' category cos upgraded

FE REPORT 2020-09-03 10:30:32

Twelve 'Z' category companies were upgraded from Wednesday after redefinition of 'Z' category stocks as the securities regulator took major steps to bring the underperforming companies back to the tra...

Refrain from spreading prediction, forecasting stock price on social media: SEC

Refrain from spreading prediction, forecasting stock price on social media: SEC

-- 2020-09-02 22:50:49

The Bangladesh Securities and Exchange Commission or SEC has ordered all directly or indirectly involved with the share market not to spread prediction, price forecasting or undisclosed information on...

DSE daily turnover scales Tk 12b-mark again

DSE daily turnover scales Tk 12b-mark again

FE ONLINE REPORT 2020-09-02 16:02:42

Daily trade turnover on Dhaka Stock Exchange (DSE) surpassed Tk 12 billion-mark Wednesday after two weeks as enthusiastic investors put fresh stakes on stocks. Turnover, a crucial indicator of the ma...

Padma Oil signs business deal with Energypac Power

Padma Oil signs business deal with Energypac Power

FE ONLINE REPORT 2020-09-02 12:18:50

The state-run Padma Oil Company has signed an agreement with Energypac Power Generation Limited for the expansion of business, said an official disclosure on Wednesday. Under the agreement, Energypac...

Bourses open higher amid regulatory moves

Bourses open higher amid regulatory moves

FE ONLINE REPORT 2020-09-02 11:15:09

Stocks witnessed an upward trend in the early hours of trading on Wednesday as optimistic investors were showing their appetite on sector-wise issues. Following the previous day’s modest correc...

Eastern Insurance approves 20pc cash dividend

Eastern Insurance approves 20pc cash dividend

FE DESK REPORT 2020-09-02 10:00:01

The 34th Annual General Meeting-2020 of Eastern Insurance Company Limited was held recently at the company's corporate head office virtually, says a statement. The Chairman of the Board Mujibur Rahma...

Genex Infosys to provide IPTV and online streaming platform

Genex Infosys to provide IPTV and online streaming platform

FE REPORT 2020-09-02 09:56:16

Genex Infosys Ltd, a listed company, has approved a strategic business agreement with RedDot Digital Ltd to launch a service called "Binge". The RedDot Digital is a subsidiary of Robi Axiata, country...

Stocks snap four-day winning streak

Stocks snap four-day winning streak

FE ONLINE REPORT 2020-09-01 15:51:38

Stocks witnessed mild correction Tuesday, snapping a four-day gaining streak, as risk-averse investors opted for booking profit on sector-wise stocks. DSEX, the prime index of the Dhaka Stock Exchang...

Asian stocks edge up after strong China manufacturing survey

Asian stocks edge up after strong China manufacturing survey

REUTERS 2020-09-01 13:43:07

Asian stocks edged higher on Tuesday after strong readings on China’s vast manufacturing sector offset the weak lead from a softer Wall Street session. European shares are expected to rebound f...

Meghna Life, Bangladesh Finance declare dividend

Meghna Life, Bangladesh Finance declare dividend

FE ONLINE REPORT 2020-09-01 12:51:25

The board of directors of two more listed companies - Meghna Life Insurance and Bangladesh Finance & Investment Company have recommended for the year ended on December 31, 2019. Meghna Life Insur...

Indices witness volatility in early trading

Indices witness volatility in early trading

FE ONLINE REPORT 2020-09-01 11:01:36

Stocks on the bourses witnessed volatility in early trading on Tuesday as investors are active on both sides of the trading fence. Following the previous day’s positive ending, the Dhaka Stock...

DSE key index surges 665 points in Aug

DSE key index surges 665 points in Aug

FE REPORT 2020-09-01 10:22:05

The core index of the Dhaka Stock Exchange (DSE) soared 665 points or 15.77 per cent in August riding on active participation of high net worth individuals. The market witnessed rallies in recent day...

Single-day cash deposit to be doubled

Single-day cash deposit to be doubled

FE REPORT 2020-09-01 10:11:25

The securities regulator has assured stock brokers of doubling single-day cash deposit by investors to accelerate their participation in transactions. The assurance came on Monday at a webinar attend...