Stocks bounce back in final week of 2021
Stocks bounced back in the final week of 2021, offering a ray of hope for the market into the New Year, with investors showing their buying interest in sector-specific issues.The week featured five trading days as usual, with three sessions ending higher while two others showing modest corrections.Week on week,...
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Miscellaneous sector posts 116pc gain in 2021
Miscellaneous sector was the best performer on the Dhaka Stock Exchange (DSE) in 2021, showing 116 per cent return while the jute sector was the worst loser, shedding 28 per cent.The sector, which comprises 14 companies, generated the highest return, led by Bangladesh Export Import Company (Beximco), which posted a...
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Global equity funds lure big inflows as Omicron fears ease
Global equity funds drew massive inflows for a second week in the seven days to Dec. 29 as investors welcomed signs that the economic impact from the spread of the Omicron COVID-19 variant would not be as significant as feared, reports Reuters.The funds pulled in $30.08 billion in net buying,...
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Chinese tech stocks rise sharply in last trading session after year of pain
Eli Meixler HONG KONG: Shares in China's tech companies surged on the year's final day of trading following big gains on Wall Street for US-listed Chinese businesses, though the rally was not enough to shake off the gloom after a woeful 2021 for the sector marked by a regulatory crackdown.Hong...
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News Briefs01-01-2022
Category changeSilva Pharmaceuticals Limited: The company will be placed in "B" category from existing "A" category with effect from 2 January 2022 as the company has approved 5 per cent cash dividend for shareholders excluding the sponsors/directors (except ICB) for the year ended on June 30, 2021.Bangas: The company has...
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