Tk 100b wiped out from market cap
Stocks experienced a major setback this week, as jittery investors rushed to dump their holdings to prevent further erosion of their portfolios, prompted by abrupt regulatory measures as part of its ongoing reform initiatives.Panic set in among the investors after the stock exchange downgraded 28 low-profile companies to 'Z' category...
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BRAC Bank tops weekly turnover chart
BRAC Bank dominated the weekly turnover chart of Dhaka Stock Exchange (DSE) this week, with three banks making the top turnover list as buoyant investors poured fresh funds into banking stocks amid renewed optimism.The resilient banking sector has somewhat helped stabilise the struggling market this week, driven by investors' buying...
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Swiggy files for $1.25b IPO in India's stock market
NEW DELHI/BENGALURU, Sept 27 (Reuters): SoftBank-backed Swiggy filed papers on Thursday for an initial public offering, which a source said would be worth $1.25 billion, as the food delivery firm looks to tap a booming stock market in one of India's biggest listings this year.Swiggy is selling shares worth 37.5...
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FIRST SECURITY ISLAMI BANK BOARD MEETING HELD
The Board of Directors of First Security Islami Bank held a meeting at the board room of FSIB Head Office in Dhaka on Thursday. Mohammad Abdul Mannan, Chairman of the Board of Directors, presided over the meeting. Md. Azizur Rahman, Vice Chairman; Md. Abdul Quddus, Chairman of Executive Committee; Md....
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