DSEX logs biggest weekly fall in a year
The benchmark equity index of the Dhaka Stock Exchange (DSE) witnessed the biggest weekly fall in more than a year amid widespread sell-offs, as investors grew jittery over political and economic uncertainty.The DSEX, the prime index of DSE, slid nearly 164 points, or 3.11 per cent, to 5,119 this week...
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Global equity funds draw fourth weekly inflow on hopes of Fed rate cut
Global equity funds attracted inflows for a fourth straight week through October 15, as dovish comments from US Federal Reserve Chair Jerome Powell reinforced expectations that the central bank will cut interest rates at its meeting later this month, reports Reuters.Investor appetite, however, remained cautious amid renewed US-China trade tensions...
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Index Agro declares lower dividend despite steady profit growth
Index Agro Industries Ltd, a manufacturer of poultry, fish and cattle feed, has recommended a 12 per cent cash and 5 per cent stock dividend for FY25.The announcement came following a board meeting held on Thursday.The company reported a profit of Tk 261 million in FY25, up 0.80 per cent...
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Visitors throng furniture fair to explore latest trends
A major furniture fair in the capital drew a huge crowd on Friday as visitors flocked to the venue to check out the latest trends offered under one roof. With the theme "My country, my hope - let's decorate homes with local furniture", the five-day fair began at the International...
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Euro zone yields edge up as risk sentiment steadies
Euro area government bond yields edged higher on Friday, pulling back from multi-month lows, as Wall Street futures trimmed losses after US President Donald Trump confirmed his meeting with Chinese President Xi Jinping was still on, reports Reuters.Earlier in the session, yields fell across the bloc, with German Bunds still...
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