Stocks sink to 7-week low amid heavy sell-offs
The benchmark index of the Dhaka Stock Exchange (DSEX) saw a steep fall this week, hitting a seven-week low, as widespread sell-offs by jittery investors reflected growing concerns over market momentum and macroeconomic uncertainties.Market sentiment remained subdued as investors turned cautious in the absence of a strong catalyst for the...
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Global equity fund inflows ease on caution over US shutdown
Global equity fund inflows cooled to a three-week-low in the week to October 8 as investors took a breather after the recent market rally amid risks surrounding the collapse of the French government and the ongoing government shutdown in the United States, reports Reuters.Investors bought just $2.03 billion worth of...
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IFIC BANK HOLDS 'MANAGERS' MEET' IN KHULNA
IFIC Bank organised a business meeting titled 'Managers' Meet' at an auditorium in Khulna on Thursday. Chairman of the bank Md. Mehmood Husain attended the event as the chief guest. The event was presided over by Managing Director Syed Mansur Mustafa. Deputy Managing Director and Chief of Branch Business Md....
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Chinese robot maker AgiBot plans Hong Kong IPO next year
HONG KONG/BEIJING, Oct 10 (Reuters): Chinese humanoid robot maker AgiBot plans to launch an initial public offering in Hong Kong next year, eyeing a valuation of HK$40 billion to HK$50 billion ($5.14 billion to $6.4 billion), sources with knowledge of the matter said.AgiBot's listing plans, backed by investors such as...
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