Stocks fall for 6th straight week

Stocks extended a losing streak for the sixth straight week as investors lost their confidence in the ongoing bearish trend.Market analysts said most of the investors took cautionary measure to avoid further losses amid continuously falling share prices.On the other hand, the capital market witnessed downward trend on selling pressure from large institutional investors, they added.Investors fear further losses as the market is facing downward trend continuously, they said adding that, for this reason, ordinary investors have also sold shares after seeing the institutional investors. So, the market price continued to fall, they mentioned.They have urged the investors not to pay heed to the rumours and get out of this situation.Investors should invest in good financial-based companies after analysis, they mentioned.On the other hand, newly-listed stocks saw price-correction in few weeks as those securities witnessed an upward trend continuing after listing in the market, they added.DSEX,...

Canadian envoy calls on FBCCI president

Canadian High Commissioner in Dhaka Benoit Préfontaine paid a courtesy call with Sheikh FazleFahim, President of The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI). The meeting was held at FBCCI Icon Tower in the capital’s Motijheel on Saturday. During the call on, both Benoit Préfontaine and Sheikh Fazle Fahim stressed on bilateral trade and investment opportunities and mutual cooperation between the two countries. Corinne Petrisor, Counsel...

‘Digitisation of MF will help sustainable growth’

Digitialisation of microfinance services could open up a new class of opportunities for financial inclusion and sustainable growth, both key drivers of the country’s journey toward becoming a high income nation by ...

Bangabandhu Cup badminton tourney held

‘Bangabandhu Cup Badminton Tournament-2021’ organised by Titas Club was held on the occasion of Father of the Nation Bangabandhu Sheikh Mujibur Rahman's birth centenary at Transport Department at Mazar Road in the capital’s Mirpur recently.Officers and employees of different divisions of the company participated in it. Ali Iqbal Md. Nurullah, Managing Director of Titas Gas Transmission and Distribution Company Limited, General Manager (Administration), General Manager (General Services), Company Secretary and other members of Titas Club were present at the inaugural ceremony of the tournament....

BNP’s Jahidur Rahman takes oath

Tigers aim to break NZ jinx

Bangladesh cricket team are currently New Zealand for a six-week tour, which started with a long quarantine, followed by three ODIs and three T20Is. They have just lost a home Test series to West Indies, which has expectedly attracted widespread criticism. Head coach Russell Domingo understands the situation, and wants Tigers to bounce back against New Zealand, where they never won a series.    In a recent interview Domingo said, “We know it's going to be a tough tour; New Zealand are playing really good cricket at the moment. From the year that I have been here [with Bangladesh] now, 50-overs cricket is a format that a lot of our players seem to enjoy and pride themselves on. We are looking forward to a very competitive series.”Domingo also shared his views on the improvements he wants from his team on this white-ball tour. “We haven't played a lot of one-day cricket without Shakib (Al Hasan), so trying to find that allrounder to balance the team is crucially important. (Mehidy Hasan) Miraz has shown that he can do it in Tests, but we need to find some allrounders who can give us more options. The second area is our finishing of games with the lower-middle order, trying to establish a power-hitter in the back-end, giving someone the responsibility of finishing games,” he added.In term of challenges for Tamim Iqbal as a skipper on overseas ground and whether he thinks Bangladesh can win the series or not, Domingo opined, “Absolutely. We want to play an aggressive brand of cricket there with our fast bowlers. “I supp...

Building materials heaped on pavements violating laws

Using the city’s roads and pavements by pedestrians has now become very risky, causing frequent accidents apart from triggering traffic gridlock every day. There is still no visible ch...

Commuters suffer for traffic gridlock

Commuters’ never-ending suffering from traffic gridlock continues to rise at an alarming level. With each passing day, the traffic congestion problem seems to take its toll because of the lack of vision from the officials concerned. Same old re...

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