Briefing 2023-07-21

Robi among 11 cos to have lost

blue-chip status for illiquidity

As many as 11 companies, including the second largest telecom operator Robi Axiata, have been dropped from the DS30 index after they endured a steep, persistent fall in transaction volumes for months. Daily average turnover volumes worth less than Tk 5 million in the three months to June 30 is one of the reasons for the exclusion, according to the DSE. Page 9

NZ upset Norway in Women's WC opener

Hannah Wilkinson's second-half goal gave New Zealand a shock 1-0 win over former champions Norway at Eden Park on Thursday as the co-hosts kicked off the Women's World Cup in style by claiming their first ever victory at the global soccer showpiece. "I am so, so proud," said New Zealand co-captain Ali Riley. "We have been fighting for this for so long." Page 15

Xi Jinping meets Henry Kissinger

Chinese president Xi Jinping has given a warm welcome to former top diplomat Henry Kissinger, as the US pursues closer ties with China. Mr Kissinger's surprise trip to the Chinese capital comes amid a flurry of visits by top US officials. The former secretary of state played a crucial role in helping China emerge from diplomatic isolation in the 1970s. Page 17

BAJUS rolls out new jewellery guidelines

BAJUS has imposed a complete prohibition on the manufacture and sale of traditional gold and silver ornaments. The association said only 18, 21, 22, and 24 carat ornaments crafted using the cadmium method will be permitted for production and sale. BAJUS has also stipulated that traditional gold and silver ornaments can now only be acquired by jewellers directly from buyers. Page 20