Briefing 2023-05-06
Saturday, 6 May 2023
Profit-booking pulls stocks down
Stocks saw a moderate correction in the outgoing week, snapping a four-week winning streak, as cautious investors opted for profit-booking on quick-gaining shares. Market experts said investors preferred to realize some gains as well as rebalance their portfolios based on the latest quarterly earnings declarations. Page 9
Eight killed in Serbia mass shooting
Police arrested a suspect on Friday after eight people were killed and 14 wounded in Serbia's second mass shooting in just two days, in what President Aleksandar Vucic called a "terrorist attack" as he proposed tough new gun controls. Page 19
Two Brazilians secure Kings' victory
Brazilian forward Dorielton and his compatriot Miguel Figueira struck twice each as defending champions Bashundhara Kings maintained winning run in the Bangladesh Premier League (BPL) football thrashing Bangladesh Muktijoddha Sangsad Krira Chakra by 4-0 goals held on Friday. Page 22
Essentials' prices up in Ctg
Prices of daily essential items are silently but steadily increasing in Chattogram's kitchen markets, leaving buyers struggling with uncontrolled inflation. Traders raised prices just before Eid and have continued to hike them daily, according to buyers. Page 21