Stocks extend losing streak as investors remain on sidelines
Dhaka bourse witnessed a steep fall in benchmark index in the week to March 03, extending the losing streak for a third week, as investors opted to stay on the sidelines amid global economic uncertainty caused by Russian invasion of Ukraine.The total turnover of the week and daily average turnover...
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'Z' companies outshine fundamental stocks
Eight 'Z'-category companies which have been incurring losses saw unusual price hikes on the Dhaka Stock Exchange (DSE) this week even though there is no justifiable reason behind such price surge.These companies exhibited their dominance when shares of many companies with good fundamentals witnessed their prices tumbled amid global economic...
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Global equity funds see biggest weekly outflow since mid-Dec
Global equity funds saw massive outflows in the week to March 2 as investors sought safer havens for their assets amid Russia's invasion of Ukraine, reports Reuters.Investors offloaded global equity funds worth a net $13.09 billion, in their largest weekly net selling since Dec. 15, Refinitiv Lipper data showed.Meanwhile, the...
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News Briefs 05-03-2022
Annual summit on values-based banking movementBRAC Bank will host the 14th annual meeting of the Global Alliance for Banking on Values, a network of the most environmentally progressive and socially inclusive banks in the world. The meeting on 'Banking for Good in an Age of Change - How Values Can...
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