Tuesday’s evening business round up of Bangladesh

Last updated: May 30, 2017

BBN file photo

Dhaka, Bangladesh (BBN) – The Bangladesh Business News prepared Tuesday’s evening business round up compiling reports, published by different newspapers and news portals both in local and international.

Bangladesh Taka depreciates 2 paisa against $US at closing
The value of Bangladesh Taka (BDT) depreciated two paisa against the US currency during evening transactions on Tuesday in inter-bank foreign exchange (forex) market.

Bangladesh’s stocks return to higher after two days
Bangladesh’s stocks returned to higher on Tuesday, after witnessing correction in the past two sessions in a row, as investors took position stance on lucrative stocks.

No bar on gas price hike from June 1
The Supreme Court today cleared the way for the government to execute its decision to hike gas prices from June 1 in the second phase.

Sensex ends marginally higher, NTPC stocks spurt
The Sensex and Nifty ended marginally higher, taking a breather after setting record closes in the previous sessions as investors booked profits in recent outperformers such as ITC Ltd, while the arrival of monsoon rains kept the sentiment upbeat.

Asian markets close mixed after directionless session, China and HK closed
Shares in Asia closed mixed on Tuesday, following a directionless session yesterday as major markets around the world were closed for various holidays.

Gold hits 1-month high as geopolitical worries boost safe haven demand
Gold edged up to touch a one-month high on Tuesday, with investors turning to the safe-haven asset as geopolitical tensions sapped their appetite for risk.

Oil slips on oversupply worries despite OPEC deal
Oil prices fell on Tuesday, pressured by concerns that production cuts by the world's big exporters may not be enough to drain a global glut that has depressed the market for almost three years.

Top 5 things to know in the market on Tuesday
Here are the top five things you need to know in financial markets on Tuesday, May 30.

5 killed as deadly Cyclone Mora hits Bangladesh
Cyclone Mora has hit the south-eastern coast of Bangladesh, killing at least five people.

BBN/SSK/ANS

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