Stocks snap three-week rally on profit-taking

FE REPORTThe equity benchmark index closed in the red this week, snapping a three-week winning streak, as investors rushed to book profits ahead of upcoming earnings season.The recent rally, which saw the benchmark index climb past the 5,600-point mark for the first time in over a year, appeared to lose...

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Global equity funds record first weekly outflow in five weeks

Global equity funds registered their first weekly outflow in five weeks through September 10 as investors locked in profits and trimmed their risk exposure, reports Reuters.Major equity markets hit fresh record highs this week, supported by expectations the US Federal Reserve will deliver three rate cuts this year. But political...

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SOUTHEAST BANK AWARDS 53 CHILDREN OF EMPLOYEES FOR ACADEMIC ACHIEVEMENTS

SOUTHEAST BANK AWARDS 53 CHILDREN OF EMPLOYEES FOR ACADEMIC ACHIEVEMENTSSoutheast Bank PLC recognised the outstanding academic achievements of 53 meritorious students who are the children of the bank's employees. These students achieved GPA 5 in the Secondary School Certificate (SSC) or six A Grades in O-Level examinations this year. At...

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