Briefing 26-04-2022

Profit-booking hits stock trading

Stocks slipped into the red on Monday, snapping a four-day winning streak, as the risk-averse investors opted for booking profit on quick-gaining issues. The market opened lower and the downward trend continued until the end of the session amid profit-taking, eventually ending over 16 points lower. DSEX, the prime index of Dhaka Stock Exchange, went down by 16.32 points or 0.24 per cent to settle at 6,666, after gaining 201 points in the past four consecutive sessions. Page 9

Global military spending hits records

Global military spending rose again in 2021, setting new records as Russia continued to beef up its military prior to its invasion of Ukraine, researchers said Monday, predicting the trend would continue in Europe in particular. Despite the economic fallout of the global Covid pandemic, countries around the world increased their arsenals, with global military spending rising by 0.7 per cent last year. Page 14

Japanese, BD companies for FTA

Mr. Yuji Ando, Director of Japan Bangladesh Chamber of Commerce and Industry (JBCCI) and Country Representative of JETRO Dhaka Office Monday shared the survey result of a study on "FTA/EPA between Japan and Bangladesh", jointly conducted by JBCCI and JETRO. Page 16

Sheikh Russel split points with MSC

Sheikh Russel Krira Chakra failed to take their home ground advantage as they, despite taking lead, were forced to play a 1-1 goal draw by ten-man Mohammedan Sporting Club Limited in the TVS Bangladesh Premier League football held on Monday at Bashundhara Sports Complex in the city. Page 15