Stocks snap three-week losing streak -
Snapping a three-week losing streak, the benchmark index of the Dhaka bourse posted a modest gain in the outgoing week, as bargain hunters showed interest in some oversold stocks in anticipation of quick gains.The market managed to close in the green as the investors deemed some selective issues lucrative following...
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US dividend funds see biggest quarterly outflows in two and a half years
US dividend funds have faced steep outflows this year after strong inflows last year as investors rush to safer money market funds and bank deposits, providing high returns without much risk, reports Reuters.Interest rates on short-tenor bonds have risen this year on expectations that the US Federal Reserve would continue...
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Emerging market capital flows increase as investors pour into Chinese stocks, bonds
LONDON, Apr 7 (Reuters): Investors ploughing into Chinese stocks and bonds lifted emerging market portfolio flows for a third straight month in March, data from the Institute of International Finance (IIF) showed on Thursday.Overall, investors put $9.4 billion into emerging markets, including $6.8 billion into stocks and $2.6 billion into...
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Pragati Ins declares 30pc dividend
Pragati Insurance Ltd has declared a 30 per cent dividend (25 per cent cash and 5 per cent stock) for the year that ended on December 31, 2022 despite a challenging year.The general insurer raked in a net profit of nearly Tk 371 million for 2022, slightly down from Tk...
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Asia markets rise in muted session
Stocks in Asia traded higher on Friday in a muted session as most markets were closed for a holiday in the wider Asia-Pacific region, reports CNBC.The Nikkei 225 in Japan traded up 0.17 per cent to close at 27,518 and the Topix gained 0.21 per cent to close at 1,965.44....
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