DSEX tops 5,800 on reform optimism
The benchmark index of the Dhaka Stock Exchange (DSE) extended gains for a second week, surpassing 5,800-point mark for the first time in nearly two years, as investors responded positively to market-friendly fiscal measures and a series of reform initiatives.Market operators said the latest rally reflects a gradual return of...
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Six individuals get Dwijen Sharma Poribesh Padak
BRAC Bank, in collaboration with Tarupallab, on Friday awarded six individuals with Dwijen Sharma Poribesh Padak 2025 for their contributions to biodiversity conservation, environmental research, afforestation and ecological awareness in the country.Environment Minister Abdul Awal Mintoo was present as the Chief Guest, while Nazma Mobarek, Secretary of the Financial Institutions...
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Global equity fund inflows surge to three-week high on AI optimism
Global equity funds attracted their largest weekly inflow in three weeks in the week to July 8, as strong demand for AI-linked technology products and cooling expectations for Federal Reserve rate hikes boosted risk appetite, reports Reuters.Global equity funds drew a net $49.23 billion in inflows during the week, marking...
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SK Hynix advisors win big fee windfall after modest SpaceX payday
Global investment banks and brokerages leading SK Hynix's mega share sale earned nearly $260 million in fees, a boost for the industry which took in a relatively modest $500 million from SpaceX's record share sale last month, reports Reuters.The fees equate to about 0.97 per cent of the total amount...
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