The study found that the most lucrative sector for foreign investment in Bangladesh capital markets for the last year (up to November) was the Food & Allied sector. Foreign investors invested 16.18% of the sector's total market capitalization in the shares of listed companies in the food and allied sector. They invested 13.91% of the pharmaceuticals sector’s market capitalization followed by banks with 9.22%, non-banking financial institutions 5.98%, and 3.59% in the fuel and power sector, the study added. Total foreign turnover stood at $1,076.42 million as of November 30, 2018, registering a 13.75% fall year-on-year. The lower turnover was due to declining foreign purchases and higher foreign sell-offs, resulting in 29.66% less net purchases year-on-year.

Source: Dhaka Tribune January 20, 2019 16:18 UTC