Stocks end flat as earnings concerns weigh on market sentiment
Bangladesh, Oct. 24 -- Stocks ended the holiday-shortened week almost flat as investor caution over corporate earnings and dividend declarations, persistent economic challenges and escalating geopolitical tensions in the Middle East dampened market sentiment.
The market remained under pressure throughout the week, with intermittent bargain hunting failing to generate a sustained recovery, market analysts said.
More than 20 listed companies announced their quarterly and annual financial results, with many reporting weaker-than-expected earnings amid high energy costs and persistent inflation.
The week opened with renewed selling pressure after a brief recovery in the preceding sessions. Technical glitches affecting trading terminals at...
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