Stocks rebound on strong earnings growth
The benchmark equity index of the Dhaka Stock Exchange (DSE) closed in the green this week, recovering from two consecutive weeks of losses, as investors showed renewed buying interest in selective stocks that posted strong earnings growth in their latest financial disclosures.Market analysts pointed out that investor sentiment improved as...
Read more
BRAC Bank posts record quarterly profit
BRAC Bank PLC has reported its highest-ever quarterly profit for the July-September period this year, registering a 50 per cent year-on-year increase. The third-generation commercial bank posted a consolidated profit of Tk 6.30 billion, up from Tk 4.20 billion in the same quarter the previous year.The significant surge in profit...
Read more
Global equity fund inflows surge as US-China trade tensions ease
Global equity funds attracted the largest weekly inflow in three weeks in the week through October 22 as signs of easing trade tensions between the United States and China, and strong earnings from some top US companies, boosted risk sentiment, reports Reuters.Investors acquired a net $11.03 billion worth of global...
Read more
EBL HOSTS SEMINAR TO INSPIRE YOUTH IN BANKING
Eastern Bank (EBL) organised an exclusive seminar on financial literacy titled 'EBL Campus Connect: Inspiring New Generation in Banking' at North South University (NSU) recently. The event was aimed at inspiring and empowering university students with practical insights into modern banking and financial literacy. More than 300 students from different...
Read more
