Briefing 07-09-2022

Stocks rise after two-day slump

The stock market rebounded Tuesday, snapping a two-day losing streak, as the bargain hunters showed their buying appetite for sector-specific stocks. DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), climbed 39.65 points or 0.62 per cent to settle at 6,471, after losing 77 points in the past

two trading days. Page 9

Pakistan face Afghanistan today

After beating arch-rivals India in the first match of Super Four, Pakistan take on take on Afghanistan in their second match of the Asia Cup 2022 at Sharjah Cricket Stadium on Wednesday. It will be the third Twenty-20 International match between the two teams and the first in Asia Cup. Pakistan have a perfect record against Afghanistan in Twenty-20 Internationals. The 'Men in Green' have won both matches against Afghanistan in the shortest format of the match. Page 15

Powerful typhoon batters S Korea

The most powerful typhoon to hit South Korea in years battered its southern region Tuesday, dumping almost a meter (3 feet) of rain, destroying roads and felling power lines, leaving 20,000 homes without electricity as thousands of people fled to safer ground. Page 17

Knitwear’s stake in RMG exports rising

The knitwear sub-sector's contribution to the country's readymade garment (RMG) export earnings is gradually increasing over the years, making it the top foreign currency earner in the last fiscal, industry insiders said. They attributed the growth to the strong backward linkage industry, its capacity to make quick delivery of products and government's policy support, among others. Page 20