The market rebounded this week to Wednesday, paring some losses from the previous week, as investors put fresh funds on stocks amid optimism following the central bank's move to stabilise the foreign exchange rates.All three trading days of the week posted gains, as the market remained closed on Monday and...
Read moreFE REPORTThe ten most-traded companies accounted for 30 per cent of transactions on the Dhaka Stock Exchange (DSE) in the outgoing week, with Beximco dominating the turnover chart for the sixth straight week.Beximco -- the flagship company of Beximco Group -- continued to lead the turnover chart as investors were...
Read moreIn a first in Bangladesh banking industry, BRAC Bank has introduced an automated system where the customers can confirm clearing cheque through Interactive Voice Response (IVR), says a statement.This will make clearing cheque confirmation easy, fast and hassle-free with just a tap on the mobile phone.Cheques for Tk 100,000 or...
Read moreSHANGHAI, Aug 19 (Reuters): Shanghai United Imaging Healthcare Co will start public trading next Monday, the company said, after raising roughly $1.6 billion in the biggest initial public offering (IPO) on Shanghai's tech-focused STAR Market so far this year.The Chinese producer of CT scan and X-ray devices raised 10.99 billion...
Read moreAsia-Pacific markets were mostly flat on Friday against an also muted Wall Street looking to revive its recent market rally, reports CNBC.It was largely negative territory for mainland China markets. The Shanghai Composite fell 0.59 per cent to 3,258.08 while the Shenzhen Component dipped 1.27 per cent to 12,358.54.The Hang...
Read moreThe Indian equities indices ended over 1 per cent lower on Friday weighed by a fall in market heavyweight Reliance Industries (RIL) and financial stocks, reports indianexpress.com. The S&P BSE Sensex crashed 651.85 points (1.08 per cent) to end at 59,646.15 while the Nifty 50 slumped 198.05 points (1.10 per...
Read moreEuropean mkts close lower European markets closed lower Friday, tracking global uncertainty as investors chart the course for monetary policy and continue to digest corporate earnings reports. The pan-European Stoxx 600 provisionally ended 0.8% lower, with travel and leisure stocks leading losses, down 3%. Health care stocks, meanwhile, added 0.7%....
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