Stocks stay upbeat riding on banking sector
The benchmark index of the Dhaka Stock Exchange (DSE) saw a second consecutive week of gains, buoyed by sustained investor interest in banking stocks amid growing political clarity ahead of the national election.Market analysts attributed the ongoing recovery to broad-based investor participation, with opportunistic buying in selective low-cap stocks further...
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Global equity funds attract inflows for third week in a row
Global equity funds had a third straight week of inflows in the week to January 28 on upbeat earnings expectations, while safe-haven assets like gold and bond funds also saw solid demand amid uncertainty over potential US tariff moves under President Donald Trump, reports Reuters.Global equity funds attracted $33.39 billion...
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Apple forecasts strong sales growth as iPhone demand in Asia rebounds
Apple on Thursday forecast higher-than-expected revenue growth of up to 16% for the March quarter, powered by strong demand for its iPhones and a sharp rebound in China and accelerating demand in India, reports Reuters.That followed holiday-quarter results that beat estimates as well, with CEO Tim Cook telling Reuters that...
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EBL LAUNCHES TRADE HUB AT CHATTOGRAM EPZ
Eastern Bank PLC has officially launched a dedicated Trade Hub at the Chattogram Export Processing Zone (CEPZ) to provide specialised trade-related banking services for customers operating within the CEPZ area. The Trade Hub was inaugurated by Riad Mahmud Chowdhury, Deputy Managing Director of EBL recently. EBL Head of Corporate Business,...
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