Finance News: Latest Financial News, Finance News today in Bangladesh

Market loses momentum

The benchmark index in the Dhaka stock market plummeted in the outgoing week after a single-week break, as investors rushed to book profit ahead of annual earnings and dividend declaration season.Of the five trading days this week, three sessions faced corrections and the two other sessions ended marginally higher.Week on...

Ten firms grab one-third of DSE turnover

The ten most-traded stocks accounted for nearly one-third weekly transactions, with Fortune Shoes dominating the Dhaka Stock Exchange's (DSE) turnover board this week.Market operators said Fortune Shoes topped the turnover list amid an influx of buyers and sellers as the footwear manufacturer posted an impressive earnings growth in the latest...

JPMorgan raises annual forecast for net interest income to $53b

NEW YORK, Feb 18 (Reuters): JPMorgan Chase & Co expects its net interest income to grow to $53 billion in 2022, up $3 billion from its prior forecast, Chief Financial Officer Jeremy Barnum said on Friday at a conference hosted by Credit Suisse.He also said that markets revenue in the...

India set for stronger tech, media and telecom IPOs

While new regulations have severely hit China in the global tech, media & telecom (TMT) IPO market, the Indian TMT IPO pipeline is getting stronger and will continue to gain prominence this year, a new report showed on Friday.Between 2018 and 2020, there were 15 TMT IPOs in India. Last...

Asia-Pacific stocks mixed

SINGAPORE, Feb 18 (CNBC): Shares in Asia-Pacific were mixed on Friday, as investors in the region continued to assess the risk from simmering tensions between Ukraine and Russia.Japan's Nikkei 225 shed 0.41 per cent to close at 27,122.07, trimming losses after declining more than 1 per cent earlier, while the...

UAE stock markets fall

Stock markets in the United Arab Emirates fell on Friday, tracking falling oil prices, reports Reuters.In Abu Dhabi, the main share index fell 0.6 per cent, though the index was up 1.7 per cent for the week.Dubai's main share index eased 0.1per cent, dragged down by a 1.4 per cent...

News Briefs 2022-02-19

NAV of CAPM Unit FundCAPM Company Limited has declared the Net Asset Value (NAV) of CAPM Unit Fund. The total NAV of CAPM Unit Fund stood at Tk 134,937,585.02 on the basis of cost price and Tk 149,299,499.53 on the basis of market price at the close of the operations...