Briefing 2023-06-14

DSE sinks below 6,300 on corrections of stocks

The broad index of the Dhaka Stock Exchange on Tuesday sank below 6,300 points after 14 sessions as a section of jittery investors executed sell-offs while others remained silent. Amid the selling pressure, the transaction volume declined moderately, dragging daily turnover down Tk 7 billion after a month. Many investors opted to make cautious moves ahead of the upcoming monetary policy. Page 9

Tigers to take on Afghanistan today

Tigers are set to take on Afghanistan for a one-off Test, beginning on Wednesday at the Sher-e-Bangla National Cricket Stadium with an aim to continue a rare winning run in this format. The match will begin at 10:00 am and will be aired live on Gazi TV and T Sports. Also, fans can enjoy the game on the digital platform Rabbithole app and the web. Page 17

Oil prices rise on bargain hunting

Oil prices rose on Tuesday on apparent bargain hunting, recovering some ground from the previous day's plunge. But gains were limited as investors remained cautious ahead of key policy decisions by central banks and on weak economic data from China. Brent crude futures climbed $2.28, or 3.2%, to $74.12 a barrel by 1330 GMT. Page 19

BD-Denmark joint action plan for green future launched

Focusing on achieving a more sustainable and green future on a global scale, Bangladesh and Denmark launched a joint action plan on Tuesday. The agreement underscores climate change adaptation, environmental damage and biodiversity loss. The plan will enable Denmark to provide more support for Bangladesh's transition to a low-carbon pathway, resource efficiency and the transformation to a circular economy. Page 20