Finance News: Latest Financial News, Finance News today in Bangladesh

Reforms propel DSEX to two-year high

The benchmark index of the Dhaka Stock Exchange (DSE) surged past the 5,900-point threshold for the first time in nearly two years, extending a three-week rally driven by investor enthusiasm over regulatory reforms and capital market-friendly fiscal policies. Closing the week at 5,900.35, the benchmark DSEX index climbed 96 points,...

Global equity funds draw inflows for the eighth week on earnings optimism

Global equity funds attracted inflows for an eighth consecutive week through July 15, as investor risk appetite was lifted by a strong start to the earnings season and cooler US inflation data that eased expectations of Federal Reserve rate hikes, reports Reuters.Investors made net purchases of $12.46 billion in global...

MTB APPROVES 12PC STOCK DIVIDEND AT 27TH AGM

The 27th Annual General Meeting (AGM) of Mutual Trust Bank PLC (MTB) was held virtually on Thursday. Md. Abdul Malek, Director of the MTB Board, presided over the meeting. The shareholders approved a 12% stock dividend for the year ended December 31, 2025. Among others, Directors Khwaja Nargis Hossain and...

Tamijuddin Textile halts production but keeps bourses in the dark

Tamijuddin Textile Mills has indefinitely suspended operations at its Gazipur factory following labour unrest, yet the listed company has failed to disclose the shutdown to the country's stock exchanges, raising concerns over possible non-compliance with securities disclosure requirements.The company issued an 'Urgent Notice' on July 13 announcing the closure of...

SpaceX IPO earns millions for US Small Business Administration head Kelly Loeffler

WASHINGTON, July 17 (Reuters): US Small Business Administration head Kelly Loeffler multiplied the value of her investment in Elon Musk's SpaceX after she was nominated for the job, earning millions of dollars from the company's record initial public offering, a Reuters review of her financial disclosures showed.Loeffler invested between $1...

Japan's Nikkei slides

TOKYO, July 17 (Reuters): Japan's Nikkei tumbled into correction territory on Friday, as a global rout in chipmakers and an escalation in the Middle East conflict prompted investors to shun risk assets.The benchmark Nikkei 225 sank 4.03 per cent to close lower at 64,141.12, after falling as much as 6.18...