Dhaka | Dhaka City | Bangladeshi News
Dhaka | Dhaka City | Bangladeshi News
US officials have jumped in to contain the turmoil this month by protecting depositors of tech-focused SVBs, but US Treasury Secretary Janet Yellen declined to extend that protection more broadly. Yellen told lawmakers on Wednesday that she had not considered or discussed “full insurance” for deposits without congressional approval. His comments previously pressured shares of […]
But while the 30 per cent anchor portion of the issue was fully subscribed last week, book building saw only 3 per cent bids on Monday amid concerns over a fall in Adani’s shares. By Tuesday, the overall share sale was fully subscribed due to flood of foreign institutional investors and corporate funds, although participation […]
Shares of Adani Enterprises fell to Rs 2,712 ($33), its lowest point in the day, well below the FPO price band of Rs 3,112-3,276 per share. The Hindenburg Report accused the Adani group of engaging in “a brazen stock manipulation and accounting fraud scheme over the course of decades”. It claimed that Adani’s elder brother […]
Hindenburg said that decades of a pattern of “government leniency toward the group” had made investors, journalists, citizens and politicians unwilling to challenge its conduct “for fear of retribution”. The Adani Group’s market capitalization has grown by more than $45 billion since the release of the report, and its legal head announced on Thursday that […]
Asia’s richest man Gautam Adani’s net worth saw a drop of $6 billion on Wednesday after a US investment firm accused him of “brazen stock manipulation and accounting fraud”. Adani, 60, is the world’s third-richest person with an estimated net worth of around $120 billion and interests ranging from Australian coal mines to India’s busiest […]
Qatar’s stock market is set to welcome its first initial public offering (IPO) in nearly three years in a test of new rules introduced by Doha, expected to compete with more active exchanges in the region. IT services company Meeza could raise up to 911 million riyals ($249 million) when it launches its IPO on […]
The S&P 500 Growth Index has fallen nearly 30.1% this year, while the price index is down 7.4%, with investors preferring high dividend-paying sectors with stable income such as energy. The energy has registered a stellar annual gain of 59% due to a rise in oil prices. Ten of the 11 S&P sector indexes fell […]
However, the personal consumption expenditure price index, closely watched by the Federal Reserve as a gauge of inflation, rose 0.1 percent from October to November and 5.5 percent from November last year. But analysts expect caution until more concrete signs emerge that inflation is under control. Stephen Innes of SPI Asset Management said in a […]
The country’s premier stock exchange, the Dhaka Stock Exchange (DSE), has recorded the lowest transaction figure in the current year. The transaction volume on the DSE on Tuesday was Taka 2.71 billion – the lowest in 20 months on the DSE. Earlier, DSE saw the lowest transaction in 2021 on May 5 at 2.37 billion […]
This Eid will remain gloomy for many investors of the capital market. Many investors of DSE(Dhaka Stock Exchange) and CSE(Chittagong Stock Exchange) are currently in dire poverty. The great fall of share markets has caused capital loss of most investors. Most of the shares are selling at a very low price. Some are under face […]
