Dhaka, Aug. 11 -- The equity market has recently been receiving fresh inflows of investment from foreign investors as macroeconomic indicators started showing signs of economic recovery and the forex market attained stability.

Stocks, which are lucrative to overseas investors, saw foreign stakes go up by June this year from the holdings six months back.

Foreign equity investments more than doubled year-on-year to $304 million in the January-March quarter this year, according to data from the central bank.

Fund managers expect the exchange rate to remain stable, supported by interventions from the central bank, and the forex market stability, according to them, will in turn draw further foreign investments into equities.

"The renewed i...