New Year brings no cheer for investors
The benchmark equity index retreated marginally at the end of the first trading week of 2023 as there is no sign of economic pain ending anytime soon.Buying activity remained subdued as investors are worried over what the country's economic condition will be in the coming months though remittance and export...
Read more
Pharma sector tops DSE turnover chart
FE REPORTThe ten most-traded companies accounted for almost 41 per cent transactions on the Dhaka Stock Exchange (DSE) in the first week of 2023, with pharmaceuticals sector dominating the turnover list.The pharmaceutical sector captured almost 23 per cent in the weekly turnover while Orion Infusions made its way to the...
Read more
Global equity funds post outflows for ninth week in a row
Global equity funds witnessed net outflows for a ninth straight week in the seven days to January 4 as investors remained cautious ahead of the release of the Federal Reserve's latest meeting minutes, reports Reuters.According to Refinitiv Lipper data, global equity funds recorded a net $15.42 billion worth of withdrawals,...
Read more
NRBC Bank and mobile financial service provider Upay have teamed up to launch a new service facilitating
NRBC Bank and mobile financial service provider Upay have teamed up to launch a new service facilitating NRBC Bank account holders to transfer fund to any Upay Wallet customer account using their NRBC Planet app. SM Parvez Tamal, Chairman of NRBC Bank; Golam Awlia, MD & CEO of NRBC Bank;...
Read more
Asia-Pacific IPOs most resilient in 2022
The initial public offering (IPO) market in the Asia-Pacific has been the most resilient compared with other regions, with stronger and higher growth potentials, according to the EY Global IPO Trends 2022 report released on Thursday.This comes as the region registered the lowest decline in both IPO volume and proceeds...
Read more
