Stocks extend gains on ICB fund boost
The benchmark equity index of the Dhaka Stock Exchange (DSE) advanced for a second consecutive week, buoyed largely by fresh liquidity support from the Investment Corporation of Bangladesh (ICB).The state-run investment bank began deploying funds into the market this week after receiving Tk 10 billion in government loans to ease...
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DSE grants FIX certification to nine more brokerage firms
The Dhaka Stock Exchange (DSE) has awarded FIX (financial information exchange) certification to nine more brokerage firms as part of its initiative to introduce in-house order management systems (OMS) through API connectivity in all brokerage houses.Mohammad Asadur Rahman, acting managing director of DSE, formally handed over the certificates to the...
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Asian markets struggle to build on week's rally
HONG KONG, Nov 28 (AFP): Markets fluctuated Friday at the end of a strong week for equities fuelled by growing expectations that the Federal Reserve will cut interest rates again next month.Traders took silence from New York's Thanksgiving break as a reason to have a breather and take stock of...
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Nasir Uddin re-elected as CSE director
Md Nasir Uddin Chowdhury has been re-elected as a director of Chittagong Stock Exchange PLC (CSE), says a press statement.According to the Companies Act, one director's position is scheduled to fall vacant at CSE's upcoming Annual General Meeting on December 11. An election process was launched for filling the vacant...
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Global futures reopen after exchange operator CME hit by hours-long outage
SINGAPORE/LONDON, Nov 28 (Reuters): Global futures markets were thrown into chaos for several hours on Friday after CME Group, the world's largest exchange operator, suffered one of its longest outages in years, halting trading across stocks, bonds, commodities and currencies.By 1335 GMT, trading in foreign exchange, stock and bond futures,...
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