Briefing 27-05-2022
Friday, 27 May 2022
Dhaka stocks rebound
The stock market bounced back on gaining streak Thursday after the securities regulator reduced the lower limit circuit breaker to stop the free fall of the stock index. The Bangladesh Securities and Exchange Commission (BSEC) reduced the lower limit of circuit breaker to 2.0 per cent from 5.0 per cent effective from Thursday. The regulator's latest move has not allowed an issue to drop more than 2.0 per cent on a single day which helped the market stop from further falling. Page 9
Tigers' top-order fails once again
Bangladesh's top-order failed to prove its sustainability against the Sri Lankan pace attack when they lost four wickets once again under 25 runs and slipped into a situation from where they cannot hope to win the Dhaka Test. Tamim Iqbal, who hit a century in the first Test in Chattogram, his hometown, suffered a pair in Dhaka. Najmul Hossain Shanto scored only two. Page 15
‘Look at Russian threat from Africa’
Russia's expanding influence and activity in Africa pose a "worrying" threat to the security of NATO countries along with its invasion of Ukraine and must be addressed by the military alliance, the Spanish and British defence ministers said Wednesday. Page 14
Serbia wants to invest in BD
The Republic of Serbia expressed deep interest in investing in building food storages in Bangladesh. Serbia showed the interest when its Foreign Affairs Minister Nikola Selakovic made a courtesy call on Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) Senior Vice-President Mostofa Azad Chowdhury Babu at the apex trade-body office in the capital on Thursday. Page 17