The Financial Express | Financial Online Newspaper

Dhaka,  Wed,  24 August 2016
walton
August 24, 2016, 5:57 pm
A Dhaka court on Wednesday put a suspected Ansarullah Bangla Team (ABT) member on a six-day remand in a case filed for killing publisher Faisal Arefin Dipan. Dhaka Metropolitan Magistrate M Ahsan Habib passed the order after Inspector M Fazlur Rahman
August 24, 2016, 5:48 pm
China's banking regulator unveiled aggressive measures to restrain the country's fast expanding peer-to-peer (P2P) lending sector on Wednesday, warning that almost half of the 4,000-odd online lending platforms are "problematic". The $93 billion P2P lending sector has been a source of
The government has set an ambitious revenue target for the current fiscal year (FY) to recoup last year's shortfall, Finance Minister Mr AMA Muhith said Tuesday, hoping to hit the spot.      The finance minister, on this score, observed that the National Board of Revenue (NBR) is on track, performing its job satisfactorily. The government has handed the NBR Tk 2.03-trillion target for 2016-17 with an above 30 per cent growth over last year's revenue receipts worth Tk 1.55 trillion. It cut down the original revenue-collection target from Tk 1.76 trillion to Tk 1.50 trillion last FY following slower-than-expected growth in tax collection. "I
The National Board of Revenue (NBR) is probing for any foul play in receiving the sources of funds by registered trusts following global concerns about growing acts of money laundering.   A large part of the funding of trusts comes from
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The main congregation of holy Eid-ul-Adha will be held at the National Eidgah on the Supreme Court premises in the capital at 8:00am. Abdul Jalil, acting secretary of the Religious Affairs Ministry, disclosed this while talking to reporters after a meeting chaired by him on the Eid congregation at his ministry on Wednesday noon. In case of adverse weather, the Eid congregation
Tencent Holdings Ltd and Samsung Electronics Co Ltd are racing to be crowned Asia's most valuable company as expectations for robust earnings growth push their share prices to record highs. Their surge - both have gained by a third this year - has made them the world's best performing large-cap tech stocks and highlights how these nimble Asian firms are thriving
Floods in India's holy city of Varanasi in the northern state of Uttar Pradesh have forced a halt to cremations along the banks of the river Ganges. Officials say some people have carried out cremations on the terrace roofs of houses in the city. Many Indians regard the Ganges as holy and use its bank for cremations. Hindus believe that if a person is cremated in Varanasi, the deceased will achieve release from sufferings of the cycle of birth and death. Two of the ...
Saudi Arabia said Monday it has lifted a temporary ban on importing chicken from 15 US states after they have succeeded in controlling Avian Influenza (bird flu). The ban was imposed in 2015, covering eggs and other chicken-related products except cooked food and products that could prove to have had the virus killed, according to a statement by Saudi Food and Drug Authority. Bird flu H5N1, a highly pathogenic virus, has caused serious outbreaks in domestic poultry in the Middle East and parts ...
The students of Jagannath University (JnU) have taken to the streets with renewed vigour after locking the institution's main gate to continue their strike demanding new residential halls. They also did not let the teachers' bus enter the university since they blocked the road in front of the gate and took out a procession around 8am on Tuesday. They then put locks on the gates of all buildings, including the administrative building, on the campus. Additional police personnel have been deployed around the ...
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The Olympic flag has arrived in Tokyo, host of the next Summer Games. Tokyo Governor Yuriko Koike held the flag aloft
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Health and Family Welfare Minister Mohammad Nasim Tuesday said the government would recruit around 10,000 nurses next month, said an
Amazon.com Inc is working on a music subscription service that would cost about $5 a month and would only work on its Echo hardware, tech news website Recode reported, citing sources. Amazon would like to launch the services in September, but has not finalized deals with major music labels and publishers, Recode reported. Amazon was preparing to launch a standalone music streaming subscription service at $9.99 per month, in line with major rivals, Reuters reported in June, citing sources. The ...
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At least 50 people, including several cops, were injured in a clash between police and garment workers in New Market

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Final IndexChange(Points)Change(%)
ISSUES ADVANCED99
ISSUES DECLINED110

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Top 10 gainers

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gainer
Based on YCP and Close Price
CompanyYCPHighLowCLOSE%CHG
APEXFOODS133.50146.80134.40146.809.96
ATLASBANG125.50138.00126.80138.009.96
FEDERALINS10.0011.0010.1010.909.00
RAHIMTEXT319.60347.50321.00347.508.73
PRIMELIFE56.7061.4054.2060.306.35
APEXSPINN101.50109.00103.00107.706.11
APEXTANRY144.80153.10146.30152.905.59
BEACHHATCH10.8011.6010.9011.405.56
STANCERAM52.2055.7052.2055.005.36
SAIFPOWER51.3054.3051.4053.905.07
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loser
Based on YCP and Close Price
CompanyYCPHighLowCLOSE%CHG
SQUARETEXT73.3066.0063.7064.20-12.42
ZAHINTEX22.1022.2020.6020.80-5.88
MEGCONMILK7.407.306.907.10-4.05
ZEALBANGLA20.9021.1020.0020.20-3.35
FINEFOODS9.409.609.009.10-3.19
UNITEDINS21.8021.9021.0021.20-2.75
DULAMIACOT7.407.207.207.20-2.70
RUPALILIFE29.7029.2028.3028.90-2.69
NHFIL33.7033.8032.5032.80-2.67
GREENDELT45.7045.5044.3044.50-2.63
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currency
Currency Sell Purchase
USD78.9577.94
GBP118.00117.96
EUR83.7883.75
Chinese Yuan12.2412.24
HK Dollar10.21819.8929
Singapore dollar63.618659.877
Saudi Rial21.191820.52

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commodity
Commodity Price Change
GOLD 1,270.40 (US $/oz)-0.6%
SILVER 20.70 (US $/oz)-1.9%
COPPER 7,12 (US$/mt) -0.7%
CRUDE OIL 93.20 (USD/bbl.) -1.7%
COTTON # 278.85 (USc/lb)0.9%
WHEAT (CBOT)647.25 (USD/bu)-0.1%
PALM OIL823.96 (USD/MTon)3.4%
Soybean Oil40.84 (USc/lb)1.4%
Sugar #1117.87 (USc/lb)-0.6%

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06.15-07.75pc 05.50-08.00pc
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ADDRESS
Editor : A.H.M Moazzem Hossain
Published by the Editor for International Publications Limited from Tropicana Tower (4th floor), 45, Topkhana Road, GPO Box : 2526 Dhaka- 1000 and printed by him from City Publishing House Ltd., 1 RK Mission Road, Dhaka-1000.
Telephone : PABX : 9553550 (Hunting), 9513814, 7172017 and 7172012 Fax : 880-2-9567049
Email : editor@thefinancialexpress-bd.com, fexpress68@gmail.com
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