Investors lose Tk 135b as stocks bleed
Stocks continued their downward spiral this week, sparking protests from investors, as a series of strict regulatory measures, policy changes, and rising interest rates have dampened investor sentiment, contributing to volatility in the market.The market has remained bearish over the past two months, and the grim economic outlook stemming from...
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Islami Bank tops DSE turnover chart
Islami Bank Bangladesh dominated the weekly turnover chart of the Dhaka Stock Exchange (DSE) this week, with three other banks also making the top turnover list, as investors actively traded banking stocks.The three other banks are BRAC Bank, Social Islami Bank and First Security Islami Bank.Investors are optimistic about the...
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China-focused hedge funds post explosive returns
HONG KONG, Oct 4 (Reuters); Some China-focused hedge funds are reporting explosive returns in September, thanks to a sharp rebound in Chinese stocks driven by Beijing's aggressive stimulus package.The surge in stocks, which fuelled a 25 per cent record jump over five days last week in China's blue-chip CSI 300...
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AL-ARAFAH ISLAMI BANK SIGNS MOU WITH HBRI
Al-Arafah Islami Bank PLC signed a Memorandum of Understanding (MoU) with Housing and Building Research Institute (HBRI) for sustainable and eco-friendly housing development. Director General of HBRI Md Ashraful Alam was present as the chief guest at the event. Deputy Managing Director of the bank Md Fazlur Rahman Chowdhury and...
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