Monday’s evening business round up of Bangladesh

Last updated: May 29, 2017

BBN file photo

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

Turnover on DSE hits 9-month low
Turnover on Dhaka Stock Exchange (DSE) fell to a nine-month low on Monday as investors were reluctant to take fresh exposure in the market ahead of budget.

Bangladesh Taka remains stable against $US since last Monday
The exchange rate of Bangladesh Taka (BDT) remained stable against the US currency since last Monday in inter-bank foreign exchange (forex) market.

DSE efficiency at weak level: CPD
A leading think-tank has identified asweak’ the level of efficiency at Dhaka Stocks Exchange, the prime bourse in Bangladesh.

Cyclone Mora shuts Ctg Port
Authorities at the Chittagong Port have stopped container handling as Cyclone Mora is approaching Bangladesh coasts.

Sensex ends at record high of 31,109; FMCG stocks spurt
The benchmark BSE index edged higher to a record close for a third consecutive session as consumer goods stocks gained, but broader advances were capped by falls in companies that posted weak results such as Reliance Communications and Sun Pharmaceutical Industries.

Asian markets close mostly flat after latest N.Korea missile test; China, US, UK markets shut for holidays
Markets in Asia trended flat on Monday after the latest ballistic missile test by North Korea and as major markets are closed for public holidays today.

Gold holds near one-month peak as dollar and stock
Gold held near its highest in a month on Monday in thin holiday trade, with a softer dollar and a retreat in stock markets helping the metal cling on to the previous session's gains.

Oil slips as more US drilling outweighs OPEC-led cuts
Oil prices slipped on Monday as further increases in U.S. drilling activity undercut an OPEC-led push to tighten supply.

Top 5 things to know in the market on Monday
Here are the top five things you need to know in financial markets on Monday, May 29.
BBN/SSK/ANS

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