Capital market shows optimism as change in govt boosts investor confidence
The capital market experienced a vibrant week, fuelled by investor optimism spurred by recent change in government and a shift in the leadership of the Bangladesh Securities and Exchange Commission (BSEC).Stock market analyst Professor Abu Ahmed emphasised the critical role of investor perception in driving market performance, noting that psychological...
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US equity funds see biggest weekly outflow in two months
US investors cut their equity fund holdings and boosted safer positions in the seven days to August 14 amid persistent concerns over an economic slowdown and recent market volatility, reports Reuters.Investors withdrew a net $8.92 billion from US equity funds in the largest weekly selloff since June 12, while channeling...
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Masrur Reaz 'unable' to accept BSEC chief offer
FE REPORTAfter three days of discussions, Dr M Masrur Reaz on Saturday announced with regret that he was "unable" to accept the proposal to become chairman of the Bangladesh Securities and Exchange Commission (BSEC) -- a position the finance ministry had offered him.Instead of joining the stock regulator, Mr Reaz...
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Shares of Canada-focused banks outstrip rivals with overseas bets
TORONTO, Aug 17 (Reuters): Three of Canada's largest banks, driven by domestic growth, have soared in the stock market this year on a spate of acquisitions, while lenders with global ambitions have sagged on rising costs in foreign markets.Shares of Royal Bank of Canada, CIBC and National Bank have outperformed...
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