Stocks rally for fourth week on easing tensions, macroeconomic optimism

The equity benchmark index extended its winning streak for the fourth consecutive week, buoyed by strong buying in heavyweight bank stocks amid easing domestic and geopolitical tensions.Market analysts said improved macroeconomic indicators, including robust foreign exchange reserves, rising exports, and record remittance inflows, have significantly boosted investor sentiment.The rally was...

Read more

Customers' distrust, not liquidity, is banking industry's main problem

Distrust, not the liquidity crisis, among customers is the main problem badly impacting the banking industry, Chairman of Dhaka Bank PLC Abdul Hai Sarker says.In an exclusive interview with The Financial Express (FE) given ahead of the private commercial bank's 30th founding anniversary, which is being observed today, he said...

Read more

London IPO fundraising falls to 30-year low

Fundraising from London IPOs slumped to at least a three-decade low in the first half of this year, new data showed on Friday - raising fresh questions about the fading allure of the UK as a hub for global capital, reports CNBC.The five debuts on the London market in the...

Read more

Global equity funds see biggest weekly inflows in eight months

Global equity funds attracted strong inflows in the week to July 2, as US stocks hit record highs, with investors brushing off trade tensions and chasing gains in AI-linked sectors, reports Reuters.Investors bought global equity funds worth a net $43.15 billion during the week, registering their largest weekly net purchase...

Read more