Briefing 08-07-2022

Stocks on bourses almost steady

Stocks finished almost flat on Thursday, the last trading day before Eid-ul-Azha, as nervous investors remained cautious amidst several macroeconomic cues. Trading and official activities on the bourses will remain closed for four days from today (Friday) to Monday, including weekly holidays, on the occasion of Eid-ul-Azha. Page 9

Russia advances in Donbas

The evacuation of desperate civilians from Sloviansk pressed on Wednesday as Russian troops pushed towards the eastern Ukrainian city in their campaign to control the Donbas region. Sloviansk has been hit by heavy bombardment as Russian forces advance westwards on day 133 of the invasion. Page 17

Tigers to tour Zimbabwe in July-Aug

Bangladesh will embark on a white-ball tour to Zimbabwe in July where they will play three ODIs and as many T20s. Bangladesh are expected to arrive in Zimbabwe on July 27. Meanwhile, Bangladesh Cricket Board officials have said that allrounder Shakib Al Hasan is unavailable for the upcoming tour of Zimbabwe as well as for the three-match ODI series against West Indies, report agencies. Page 15

PUMA to raise RMG sourcing from BD

PUMA, one of the leading sports brands in the world, is willing to increase its apparel sourcing from Bangladesh, especially value-added sustainable products. Anne-Laure Descours, Chief Sourcing Officer (CSO) of PUMA, expressed the interest during a meeting with Faruque Hassan, President of BGMEA, at the trade-body's Gulshan office on Thursday, according to a statement. Page 20