Stock Market

US stocks have just recorded their biggest weekly gain since 1974 despite the bleak economic outlook.

Multinational companies suffered losses between 7.25 per cent and 62.23 per cent in last one year until March 25 this year in tandem with the price erosion by most of the local companies.

The country’s two bourses will remain closed

Share trading through DSE mobile app continued to rise on the Dhaka Stock Exchange as the number of active users of the digital application exceeded 53000-mark.

Bangladesh’s bourses, Dhaka and Chittagong Stock Exchanges, have extended the ongoing shutdown till April 11.

The newly-introduced ‘CNI-DSE Select Index (CDSET)’, comprising well performing companies, tumbled 12 per cent in the just three months amid virus outbreak.

Stocks edged up in the outgoing week, snapping a four-week free-fall, thanks to regulatory move to boost the ailing capital market.

Shares in Asia have continued a global stock market rally on hopes global authorities will do more to combat the impact of the coronavirus.

Shares in Asia have continued a global rally, as stock markets bounce back from major losses in recent days.

Financial markets in Europe and the US have continued to fall despite fresh action by the Federal Reserve to support the American economy.