Stocks edge up ahead of Eid holiday
The benchmark equity index edged up this week ahead of long Eid holiday, as investors showed buying interest in select stocks with short-term gain potential while pre-Eid sell pressure eased.The market will remain closed for nine days from March 28 to April 5, including weekly holidays, on the occasion of...
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BRAC BANK PARTNERS WITH UNIMART
BRAC Bank has partnered with Unimart, the country's leading premium supermarket chain, to offer priority checkout counter privileges. Through this partnership, all Premium Banking and Borenno debit cardholders as well as Infinite, Signature, and World credit card users will enjoy a faster checkout experience at all six outlets in Dhaka...
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AI startup CoreWeave downsizes US IPO
CoreWeave reduced the size of its US initial public offering and priced its shares below the indicated range, the AI startup said on Thursday, dampening expectations that the listing would boost investor appetite for IPOs, reports Reuters.The Nvidia-backed company is now looking to sell 37.5 million shares, 23.5% less than...
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Global equity funds see strong weekly inflows
Global equity funds attracted large inflows in the week through March 26 when equity markets initially rebounded on optimism that President Donald Trump's administration would apply tariffs more selectively rather than impose broad trade restrictions, reports Reuters.Investors purchased global equity funds of a net $35.43 billion during the week following...
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Asia markets fall as Trump tariff threats weigh
Asia-Pacific markets mostly fell on Friday as US President Donald Trump's tariff threats kept investors on edge, reports CNBC.Japan's Nikkei 225 lost 1.8 per cent to end the day at 37,120.33, its lowest level in about two weeks, while the Topix fell 2.07 per cent to 2,757.25.South Korea's Kospi traded...
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