Stocks continued on their downward trajectory this week, with the benchmark equity index plunging below 5,600 mark for the first time in three years despite regulatory efforts to stem the market decline. Panicked by the macroeconomic uncertainty and geopolitical crisis, investors started dumping their holdings from the beginning of the...
Read moreJMI Syringes & Medical Devices' net profit plunged by 54 per cent year on year to Tk 15.12 million in nine months through March this year owing to strong dollar and higher import costs.The supplier of medical equipment, especially syringes, to the government, had made a Tk 32.53 million profit...
Read moreGlobal equity funds recorded outflows for the fourth consecutive week as of April 24, affected by diminishing hopes of rapid Federal Reserve rate cuts this year amid a series of higher-than-expected US inflation readings, reports Reuters.Investors pulled out $2.7 billion worth of global equity funds during the week, which was...
Read moreNEW YORK/LONDON, Apr 26 (Reuters): Global stocks were higher on Friday as Big Tech gains lifted Wall Street shares, while Japan's yen hit a fresh 34-year low after the Bank of Japan (BOJ) opted to keep monetary policy loose at its latest meeting.MSCI's broad index of global stocks reversed earlier...
Read moreA M M Moyen Uddin, Deputy Managing Director, Dhaka Bank PLC, formally inaugurated the bank's 31st sub-branch named 'Shonir Akhra Sub-Branch' under the Jatrabari Branch at Shonir Akhra in Dhaka on Wednesday. Mostaq Ahmed, Ward Commissioner of the 62 No. ward, was present as the chief guest.
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