Briefing 06-06-2022

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FE Team | Published: June 06, 2022 00:48:51

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Major sectors contribute to mkt upturn
Dhaka bourse closed the week's first session with a moderate rise in broad index following investors' increased participation in transactions. Major sectors of listed securities on Sunday played a market supportive role and helped Dhaka Stock Exchange (DSE) extend the gaining streak for seventh consecutive session. Page 9
Blasts shake Kyiv as tanks hit
A number of explosions shook parts of Kyiv early on Sunday in the first assault on Ukraine's capital for weeks. Columns of black smoke could be seen above the city - Russia says it hit tanks supplied by European countries. At least one person was reported hurt. The city has been largely spared in recent months as Russian forces concentrate attacks in the Donbas region of eastern Ukraine. Page 17
BGMEA urges EU to continue GSP
Bangladesh Garment Manufacturers and Exporters Association (BGMEA) urged the European Union (EU) to continue GSP facilities for 10 to 12 more years after the country's graduation to a developing nation in 2026. A delegation of BGMEA made the call while meeting Parliamentary State Secretary (Deputy Minister) to the Federal Minister for Economic Cooperation and Development Dr B"rbel Kofler in Berlin on Thursday, said a press release on Sunday. Page 14
Africa ‘highly potential for BD biz’
Africa as a resource-rich continent can be the most viable place for business and commercial activities of Bangladesh. With its 1.3-billion people, Africa is a magnet for expansion of trade, as Bangladesh Mission in Ethiopia recently cited this in a letter to commerce ministry. Page 20