Stocks plummeted for the fourth straight week that ended on Thursday as cautious investors continued to sell off shares in major sectors in the absence of market triggers.Of the five trading days during the week, the first four sessions saw sharp fall while the last one ended slightly higher.Week on...
Read moreIfad Autos Limited, a local commercial vehicle assembler, has recently installed automated production lines in its plant to scale up output and strengthen quality control further.The company has been assembling buses, trucks and pick-ups of Ashok Leyland, an Indian commercial vehicle brand, since 2017 - in its factory at Dhamrai,...
Read moreThe subscription period for AIBL Mudaraba Perpetual Bond for general public and eligible investors (EIs) will begin on Monday, aiming to raise Tk 500 million through initial public offering.The subscription of the bond through the electronic subscription system of the stock exchanges will continue until November 14, according to Dhaka...
Read moreIslami Bank Bangladesh Limited opened its 379th branch at Fulbari in Dinajpur on Thursday. Md Mostafizur Rahman, an MP from Dinajpur-5 constituency, along with Muhammad Qaisar Ali, Additional Managing Director of the bank, and other officials inaugurated the branch as the chief guest
Read moreEuropean equities hit a record high on Friday, marking the fifth straight session of notching new highs on fading concerns around global monetary policy tightening and positive earnings from some companies, reports Reuters.The pan-European STOXX 600 shook off initial sluggishness to rise for the seventh straight session, its longest winning...
Read moreUS bond funds saw massive inflows in the week to Nov. 3 as investors reassessed expectations of quicker interest rate hikes ahead of the Federal Reserve's policy meeting, after short-term Treasury yields surged to multi-month peaks, reports Reuters.According to Lipper data, US bond funds attracted $8.1 billion in net purchases,...
Read moreBoard meetingsIbn Sina Pharmaceutical Industry Ltd: A board meeting of the company will be held on November 09, 2021 at 2:45 PM to consider, among others, un-audited financial statements of the company for the first quarter period ended on September 30, 2021.KDS Accessories Ltd: A board meeting of the company...
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