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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.
Bangladesh’s stocks rebound strongly riding on banks
Bangladesh’s stocks rebounded strongly on Monday, after a two-session break, as investors showed their buying appetite on heavyweight bank issues following their healthy quarterly earnings declaration.
Bangladesh Taka remains unchanged against greenback
The exchange rate of Bangladesh Taka (BDT) remained unchanged against the US currency in evening transactions on Monday in inter-bank foreign exchange (forex) market.
Government: No fake eggs in market
The government has categorically denied the existence of artificial eggs in Bangladesh’s market, dubbing reports on the spread of “fake eggs” in local markets a hoax.
Indian rupee trading weak at 64.16
The Indian rupee was trading a tad weak at 64.16 due to mild dollar demand from banks and importers.
Sensex ends at record closing high of 32,514.94, Nifty closes at 10,077.10
The Sensex and Nifty ended at a record closing high led by State Bank of India after the nation's biggest lender cut deposit rates on the majority of its savings accounts, while investors awaited a rate cut by the central bank later this week.
Here's how China and India could emerge as the winners of US oil sanctions on Venezuela
China and India could both emerge as unlikely winners from possible U.S. sanctions on Venezuela's vital oil sector, according to one oil analyst.
Asian shares close mostly higher as markets digest weaker-than-expected China PMI
Major Asian indexes closed mostly higher on Monday, as regional markets appeared to shrug off heightened geopolitical tensions in the Korean Peninsula and digested the release of China PMI data.
Gold steady around highest in nearly 7 weeks on N.Korea tensions
Gold prices hit their highest in almost seven weeks on Monday, boosted by a struggling dollar and U.S. economic data that has cast doubt on whether the Federal Reserve will raise rates again this year.
Oil near two-month high as producers set to meet again
Oil rose on Monday, putting July on track to become the strongest month this year, as news of a producers' technical meeting next week added to bullish sentiment driven by the threat of U.S. sanctions against OPEC member Venezuela.
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, July 31.
BBN/SSK/ANS