Stocks rally for seventh week on signs of economic recovery

Stocks gained for the seventh consecutive week, with the benchmark index hitting a 10-month high, as buoyant investors continued to snap up fundamenatlly strong shares riding on high hopes.The buying spree persisted throughout the week despite the lingering uncertainty over the resolution of US tariff-related issues.Market analysts said investors' sentiment...

Read more

BAT Bangladesh profit slumps 81pc in Q2

BAT Bangladesh has reported an 81 per cent plunge in net profit year-on-year to Tk 972 million in the second quarter (April-June) of 2025, owing to lower sales and a temporary closure of its Dhaka factory.The multinational tobacco manufacturer saw its earnings per share (EPS) fall to Tk 1.80 in...

Read more

Global equity funds draw weekly inflows on US trade deal optimism

Inflows into global equity funds picked up again in the week through July 23 as optimism over US trade deals, stronger than expected US economic reports and an encouraging start to the corporate earnings season boosted risk sentiment, reports Reuters.Global investors snapped up a net $8.71 billion worth of equity...

Read more