Briefing 26-07-2022

Stocks break nine-day slump
Stocks bounced back in the gaining streak Monday, snapping a nine-day losing streak, as bargain hunters put fresh bets on lucrative issues after recent price erosion. The market saw a steep fall at opening and the key index plunged below the 6,000-mark, losing 68 points, within the first hour of trading. However, the index recovered gradually supported by the institutional investors. Page 9
Evacuated Ukrainians forced to return home
The missile's impact flung the young woman against the fence so hard it splintered. Her mother found her dying on the bench beneath the pear tree where she'd enjoyed the afternoon. By the time her father arrived, she was gone. Anna Protsenko was killed two days after returning home. The 35-year-old had done what authorities wanted: She evacuated eastern Ukraine's Donetsk region as Russian forces move closer. But starting a new life elsewhere had been uncomfortable and expensive. Page 18
Oil rises in volatile trade, Fed hike weighs
Oil prices rose on Monday in seesaw trading as the market balanced supply fears with expectations that rise in US interest rates would weaken fuel demand. Brent crude futures for September settlement rose 79 cents, or 0.77 per cent, to $103.99 a barrel by 1050 GMT, while US West Texas Intermediate (WTI) crude futures rose 82 cents, or 0.87 per cent, to $95.52 a barrel. Page 19
BCB has great faith in senior players
Director of Bangladesh team Khaled Mahmud Sujon dismissed the notion that the senior players were dropped from the Zimbabwe-bound T20 squad in the name of rest. He also made it clear that the senior players are in the board's greater plan for the upcoming multinational tournaments-- Asia Cup and T20 World Cup. Page 15