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Briefing 2022-10-29

October 29, 2022 00:00:00


Stocks fall as investor sentiment dips

Stocks ended the outgoing week in the red, extending the losing streak to a third week, as the investors continued selloffs on sector-specific shares amid the ongoing earnings season. Of the five trading days during this week, the first two sessions suffered losses while the remaining three ended higher as the market was trying to rebound from the prolonged bearish trend. Page 9

Crunch clash looms between SL, NZ today

New Zealand's readiness for the T20 World Cup was in no doubt when they roared to victory by 89 runs over hosts and defending champions Australia in the opening match of the second round. Page 13

ASEAN ministers meet on Myanmar crisis

Southeast Asian foreign ministers acknowledged on Thursday that their efforts to bring peace to Myanmar haven't succeeded and agreed to increase their determination to end violence in the country, where a military takeover last year set off a crisis that threatens to destabilize the region. Page 14

Fishermen return to sea as ban goes

The fishermen with fishing nets, boats and trawlers returned to the Bay and mouths of different rivers in the district as a three-week-long ban on fishing, including hilsa harvesting, came to an end early Friday. Page 16


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