Briefing 07-04-2022

DSE turnover dips below Tk 5.0b mark

The market extended losses on Wednesday, with turnover dipping below Tk 5.0 billion-mark, as investors were reluctant to make fresh investments in stocks amid persistent volatility. Market insiders said the looming uncertainty over the global economy and the commodity market volatility continued to hurt investors' sentiment. Page 9

UK, US, Australia to boost co-operation

The UK, US, and Australia will begin co-operating on research into hypersonic weapons and how to defend against them, the UK government has said. The programme will be part of the AUKUS partnership, a security pact announced by the three countries last year. Page 24

Oil price rises on Russia sanction threat

Oil futures rose on Wednesday as the threat of new sanctions on Russia raised supply concerns, countering fears of weaker demand following a build in US crude stockpiles and Shanghai's extended lockdown. Page 27

Joy's big jump in ICC Test rankings

Bangladesh opener Mahmudul Hasan Joy made a giant leap in ICC Test rankings amid his side's big defeat to South Africa in the first Test in Durban. The visitors were skittled out for 53 in the second innings to loss the Test by 220 runs but for Joy it was a match to remember. Page 25