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DSE, CSE close in red again

WT24 Desk Stock markets today finished the session of the week in red again due mainly to price fall in large-cap securities with lower transactions, BSS reports. The falling major sectors were ceramics, food and allied, textile, engineering and insurance. A total of 153 securities of large cap group moved down due to lower activities. The premier bourse, Dhaka Stock ...

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Price fall in large-caps drives stocks down

WT24 Desk Stock markets today finished the session of the week with downward trend due mainly to price fall in large-cap securities despite higher transactions, BSS reports. The falling major sectors were ceramics, textile, pharmaceuticals and chemicals and engineering. A total of 179 securities of the large-cap group moved down due to lower activities. The broader DSEX index of Dhaka ...

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Bourses bounce back

WT24 Desk Investors showed appetite to buy few large cap stocks that steered the country’s capital bourse, Dhaka Stock Exchange (DSE), to the upward trend at the end of today’s session, BSS reports. At DSE, the broad index DSEX registered inclined pace on Monday after lasttwo days flat ending. The core index, DSEX closed at 4959.73 points with again of ...

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Hong Kong stocks open in negative territory

WT24 Desk HONG KONG – Hong Kong stocks fell in the first few minutes of trade Monday following last week’s healthy gains, while traders were also spooked by more protest violence in the city at the weekend, AFP reports. The Hang Seng Index eased 0.69 percent, or 189.85 points, to 27,162.84. The benchmark Shanghai Composite Index rose 0.35 percent, or ...

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Over 49,000 United Auto Workers strike against GM

Union members shut down 33 manufacturing plants in nine states across the US after contract talks with the company deteriorated WT24 Desk More than 49,000 members of the United Auto Workers walked off General Motors factory floors or set up picket lines early on Monday as contract talks with the company deteriorated into a strike, Agencies report. Workers shut down 33 ...

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Large US banks sweating the move to lower interest rates

WT24 Desk NEW YORK – President Donald Trump’s attacks on the US Federal Reserve make financial markets cringe, but his demand for zero interest rates makes banks sweat, AFP reports. As the Fed reverses course and is poised to cut the benchmark lending rate a second time on Wednesday, large US banks have signaled they expect a bigger hit to ...

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Bourses close mixed

WT24 Desk Country’s capital bourse, Dhaka Stock Exchange (DSE), closed today’s session mixed following negative movement of some large-cap stocks, BSS reports. At DSE, the core index, DSEX closed at 4942.23 points with a gain of 8.33 points or 0.16 percent from the previous day. Besides, the two selective indices, DSE30 increased marginally by 1.86 points while DSES decreased slightly ...

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Asian markets boosted by fresh trade hopes and ECB easing

WT24 Desk HONG KONG – Equities rose in Asian trade Friday after the European Central Bank unveiled a fresh round of economic stimulus and another interest rate cut while a report said the US was considering a short-term trade agreement with China, AFP reports. Global markets have been buoyed this week by a growing sense that centralbanks are on the ...

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Tokyo stocks open higher on easing trade war fears

WT24 Desk TOKYO – Tokyo stocks opened higher on Thursday extending rallies on Wall Street, as the yen eased further against the dollar and concerns over the US-China trade dispute receded, AFP reports. The benchmark Nikkei 225 index was up 1.01 percent, or 217.06 points at21,814.82 in early trade, while the broader Topix index was up 0.76 percentor 12.00 points ...

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