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

Stocks stare at more losses as investor sentiment drops

Stocks extended losses for a fourth week to Thursday, as gloomy economic outlook continues to weaken investor confidence amid liquidity crisis in the market. Jittery investors opted to liquidate their positions across the trading floor, pushing the benchmark equity index down further, market insiders said.Some of the recently rallied stocks...

BSC sails to top of DSE turnover chart

Ten most-traded firms accounted for 43 per cent of the transactions on the Dhaka Stock Exchange (DSE) in the outgoing week to Thursday, with Bangladesh Shipping Corporation (BSC) dominating the turnover list.The BSC topped the chart as investors renewed their appetite, buoyed by the news that it received exclusive right...

Global equity funds see massive outflows

Investors withdrew a large amount of money out of global equity funds in the seven days ended February 22, spooked by prospects of a longer-than-anticipated tighter monetary policy from the Federal Reserve following stronger economic data coming out of the US, reports Reuters.Data released during the period showed upbeat US...

IBBL CONFCE AND WORKSHOP:

Dhaka North and South Zone of Islami Bank Bangladesh Limited organised an 'Agent Banking Business Development Conference' and a workshop on 'Prevention of Money Laundering & Terrorist Financing' at the Institution of Diploma Engineers, Bangladesh in the capital on Friday. Muhammad Qaisar Ali, Additional Managing Director of the bank, addressed...

Adani to hold fixed-income roadshow in Asia next week

NEW YORK, Feb 24 (Reuters): India's Adani Group will hold a fixed-income roadshow next week in Asia, according to a bank document seen by Reuters, as the beleaguered conglomerate tries to shore up investor confidence in the aftermath of a US short-seller report.Adani group executives, including group Chief Financial Officer...

Asia markets mixed _

Asia-Pacific markets traded mixed on Friday as the nominee to lead the Bank of Japan Kazuo Ueda spoke at a confirmation hearing, reports CNBC.The Nikkei 225 ended 1.29 per cent higher at 27,452.48, and the Topix climbed 0.67 per cent. Japan's core inflation in January rose 4.2 per cent, the...