Investor pullback leaves 23pc BO accounts without shares
A prolonged bearish trend and deepening crisis of confidence in the capital market have prompted a large number of investors to exit equities, leaving nearly 13,000 beneficiary owner (BO) accounts empty over the past three months.Data from the Central Depository Bangladesh Ltd (CDBL) show that BO accounts with zero share...
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Stocks decline in holiday-shortened week
The benchmark index of the Dhaka Stock Exchange (DSEX) closed lower in this holiday-shortened week, as investor sentiment weakened amid mounting concerns over potential energy shortages and rising inflation linked to the escalating Middle East crisis.Market participants expressed growing anxiety over fuel price volatility, with the conflict heightening fears of...
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Asia-Pacific markets trade mixed-
Asia-Pacific markets traded mixed Friday following a volatile session, as the prospect of a peace deal in the Middle East remained murky amid contradictory messaging from the US and Iran, reports CNBC.South Korea blue-chip Kospi pulled back 0.4% to end at 5,438.87, paring losses earlier in the session, while the...
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Musk rewrites IPO playbook with large slice of SpaceX stock for retail investors
NEW YORK, March 27 (Reuters): Elon Musk is discussing allocating as much as 30 per cent of SpaceX's initial public offering to individual investors - at least three times the usual retail slice - leaning on his rabid fan base and other loyal backers to help steady the stock after...
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Global equity funds see biggest inflows in over two months on hopes of Iran de-escalation
Global equity funds attracted their biggest weekly inflow in nearly two and a half months in the week through March 25 after US President Donald Trump delayed strikes on Iranian energy infrastructure, raising hopes of a temporary de-escalation and easing oil shock fears, reports Reuters.Investors acquired a net $37.77 billion...
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