Briefing 30-05-2022

Stock mkt sees robust rise

Dhaka bourse on Sunday witnessed a robust rise in broad index extending gaining streak for the second consecutive session riding on investors' increased participation in transactions. On the day, most of the listed securities saw price appreciation and some major sectors including financial institutions played a major role behind the day's upward trend. Page 9

Clashes at Al-Aqsa mosque

Jerusalem braced for a controversial "flag march" on Sunday as Israelis mobilised to commemorate the city's unification and Palestinian groups threatened retaliation over the annual rally that sparked a war last year. Hours before the march was to begin, tensions were high in Jerusalem's Old City, where an extreme-right Jewish lawmaker and other Jewish nationalists visited the flashpoint Al-Aqsa mosque compound chanting pro-Israel slogans. Page 17

Switch to non-cotton apparel ahead

A donor-aided study is being launched on Bangladesh's switch to non-cotton textiles and apparel from costly cotton-made exports, as a deal was signed Sunday to this end. Bangladesh Garment Manufacturers and Exporters Association (BGMEA) will conduct the study to explore potential of non-cotton wears and the global market prior to formulating a strategy to develop the country's overall competitiveness. Page 20

Bangladesh 6th in Asia Cup Hockey

Bangladesh beat hosts Indonesia by 4-2 goals in a classification match to secure the 6th place in the eight-nation Hero Men's Asia Cup Hockey-2022 at the GBK Hockey Field in Jakarta on Sunday afternoon. This was the 4th consecutive win for Bangladesh against Indonesia in last two months. Page 15