Briefing 09-05-2022
Monday, 9 May 2022
Stocks snap two-day losing streak
The market rebounded in the gaining streak on Sunday, snapping a two-day losing streak, as bargain hunters showed their buying interest on sector-wise stocks. The market opened higher and went through some volatility until the end of the session as many investors rebalanced their portfolios based on latest quarterly earnings and year-end dividends. Page 9
Bomb kills dozens in Ukrainian school
Dozens of Ukrainians were feared dead Sunday after a Russian bomb destroyed a school sheltering about 90 people in the basement as Moscow's invading forces kept up their barrage of cities, towns and villages in eastern and southern Ukraine. Page 18
PTA with Bhutan likely in force in July
The Preferential Trade Agreement (PTA) between Bangladesh and Bhutan is expected to come into force from July 01 this year - more than one and a half years after signing a deal in this regard, said officials. On December 06, 2020, the deal was inked to boost bilateral trade between the two countries. Page 20
Tigers start practice in Ctg today
The Sri Lankan national cricket team arrived in Dhaka on Sunday noon, report agencies. The island nation will take part in a two-match Test series against hosts Bangladesh. The first Test of the series will be played in Chattogram from May 15 while the second and final Test of the series will take place in Dhaka from May 23. Page 20