Finance News: Latest Financial News, Finance News today in Bangladesh

Stocks break two-week losing streak

Stocks rebounded this week, snapping a two-week losing streak, as investors retained appetite for banking issues amid optimism.Market insiders said stocks broke the losing spell riding on the wave of investors' buying mood, who focused on banks, financial institutions and cement companies, pushing the core index above 6,200-mark."Buoyed by the...

11 sectors end higher, eight face corrections

Most of the major sectors posted gains on the Dhaka Stock Exchange (DSE) this week, as enthusiastic investors extended their buying spree of sector-specific large-cap issues.Of the 19 sectors listed with the country's premier bourse, except corporate bonds, debenture and treasury bonds, the market capitalisation of 11 sectors ended higher...

US indices close at fresh record peaks

NEW YORK, Oct 6 (AFP): Wall Street stocks surged to fresh records again Thursday amid growing confidence in the US corporate earnings outlook and the prospects of President Donald Trump's tax cut plan.All three major indices finished at new all-time peaks for the fourth straight session, with the Dow Jones...

Investors losing out on billions as tech equities don't pay dividends

NEW YORK, Oct 6: Investors are missing out on billions of dollars, thanks in part to some large-cap tech stocks, reports CNBC.If Alphabet, Amazon and Facebook (along with Berkshire Hathaway) paid shareholder dividends at the 2.37 per cent average yield of other S&P 500 companies that do so, it would...

Tokyo shares up

TOKYO, Oct 6 (AFP) Tokyo stocks rose Friday morning after Wall Street surged to fresh records on expectations for bumper US corporate earnings and hopes President Donald Trump's tax cut plan will be signed into law.The Nikkei 225 added 0.25 per cent, or 50.62 points, to sit at 20,679.18 by...

Asian markets rally

HONG KONG, Oct 6: Asian markets on Friday tracked another record close on Wall Street following more buoyant US data and hopes for tax reform, which has also boosted the dollar, report agencies.As the Labour Department prepares to unveil jobs creation figures for September, traders were given a positive bump...

Sensex surges 222 points

CHENNAI, Oct 6: The benchmark BSE Sensex ended higher by over 220 points due to fresh buying by participants on Friday ahead of the GST Council meeting, reports The Hindu Business Line.The GST Council meeting, which was due to be held later in the day, might come up with an...

National Housing Finance and Investment Limited unveiled its new logo

National Housing Finance and Investment Limited unveiled its new logo at a ceremony at its corporate office at Gulshan in the city recently. Managing Director of the company Md Khalilur Rahman and its independent director Prof Imran Rahman were present.