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DSEX breaks 4-week losing streak as investors snap up battered stocks

Stocks bounced back in the outgoing week, snapping a four-week losing streak, as buoyant investors put fresh bets on lucrative shares amid positive expectations.Of the five trading days during the week, the first two sessions ended lower but the next three sessions closed sharply higher.Week on week, the benchmark DSEX...

BRAC Bank posts Tk 1.38b profit after tax in Q3

BRAC Bank has posted upbeat financial results for the third quarter (Q3) of 2021. The bank registered a net profit after tax (NPAT) of Tk 1.38 billion with a growth of 8.0 per cent, compared to the same quarter of 2020 on standalone basis. On a consolidated basis, the NPAT...

Global equity funds see biggest money inflows in 10 weeks

Global equity funds lured big inflows in the week to November 10 as strong corporate earnings fuelled optimism that the global recovery is continuing, and as world stocks were largely unscathed by the US Federal Reserve's tapering announcement, reports Reuters.Investors bought a net $11.61 billion worth of global equity funds,...

Pubali Bank donated Tk 1.0 million to Chittagong Club as part of CSR

Pubali Bank Limited donated Tk 1.0 million to Chittagong Club Ltd. as part of corporate social responsibility (CSR). Mohammad Esha, Deputy Managing Director of the bank, handed over the cheque to Monjurul Hoque (Monju), Vice-Chairman of Chittagong Club, recently.

News Briefs 13-11-2021

Board meetingAman Feed Limited: A board meeting of the company will be held on November 14, 2021 at 6:30 PM to consider, among others, un-audited financial statements of the company for the first quarter period ended on September 30, 2021.Suspension of tradingBangladesh Building Systems: Trading of the shares of Bangladesh...

CAPM declares Unit Fund NAV --

CAPM Company Limited has declared the Net Asset Value (NAV) of CAPM Unit Fund, says a statement. The total NAV of CAPM Unit Fund stood at Tk 138,894,215.95 on the basis of cost price and Tk 156,634,164.73 on the basis of market price on Nov. 11. The NAV per unit...

Asian shares gain

TOKYO, Nov 12 (Reuters): Asian share prices advanced on Friday as a shock from a surprisingly strong US inflation reading ebbed, with investors hopeful that the worst price hikes could be soon over.Japan's Nikkei gained 1.1 per cent, helped by brisk earnings. MSCI's broadest index of Asia-Pacific shares outside Japan...