Briefing 07-04-2022
Thursday, 7 April 2022
DSE turnover dips below Tk 5.0b mark
The market extended losses on Wednesday, with turnover dipping below Tk 5.0 billion-mark, as investors were reluctant to make fresh investments in stocks amid persistent volatility. Market insiders said the looming uncertainty over the global economy and the commodity market volatility continued to hurt investors' sentiment. Page 9
UK, US, Australia to boost co-operation
The UK, US, and Australia will begin co-operating on research into hypersonic weapons and how to defend against them, the UK government has said. The programme will be part of the AUKUS partnership, a security pact announced by the three countries last year. Page 24
Oil price rises on Russia sanction threat
Oil futures rose on Wednesday as the threat of new sanctions on Russia raised supply concerns, countering fears of weaker demand following a build in US crude stockpiles and Shanghai's extended lockdown. Page 27
Joy's big jump in ICC Test rankings
Bangladesh opener Mahmudul Hasan Joy made a giant leap in ICC Test rankings amid his side's big defeat to South Africa in the first Test in Durban. The visitors were skittled out for 53 in the second innings to loss the Test by 220 runs but for Joy it was a match to remember. Page 25