A nervy week in bourse
Dhaka bourse was on the slide last week thanks to fears of the impact of coronavirus on listed companies' earnings. A 2 per cent reduction in the Chinese supply of intermediate inputs due to coronavirus epidemic might lead to a loss of $17 million in Bangladesh's exports, says Unctad. On the other hand, Bangladesh Bank asked banks to implement 9 per cent lending rate immediately, which may eat into banks' earnings.
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