DSEX snap three-week losses, driven by pharma stocks
Stocks bounced back in the outgoing week to Thursday, snapping a three-week losing streak, as bargain hunters put fresh bets on some selective stocks, although investors' participation continued to decline amid persisting economic headwinds.Surge in prices of pharma stocks such as Beacon Pharma and Beximco Pharma helped the benchmark equity...
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Ten firms grab 37pc transactions
The ten most-traded companies accounted for 37 per cent of transactions on the Dhaka Stock Exchange (DSE) in the outgoing week, with Genex Infosys dominating the turnover chart for a fourth straight week.According to available data with the DSE, some 13.76 million shares of Genex Infosys were traded during the...
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US equity funds register biggest weekly outflow
US equity funds logged big outflows in the week to November 30 as investors booked profit after concerns over economic growth resurfaced due to protests in major Chinese cities against strict COVID-19 policies, reports Reuters.Investors were also cautious about the tech sector amid a hit to iPhone production in China.According...
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ICMAB Best Corporate Award -
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Asia markets fall
Markets in the Asia-Pacific mostly fell on Friday while investors looked for clarity after China signaled slight easing of its stringent Covid restrictions, reports CNBC.In Japan, the Nikkei 225 traded 1.59 per cent lower to 27,777.90 and the Topix fell 1.64 per cent to 1,953.98. The Kospi in South Korea...
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