Monday’s evening business round up of Bangladesh

Last updated: August 21, 2017

Photo: Investing.com

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 return to green after three days
Bangladesh’s stocks returned to the green on Monday, breaking a three-sessions losing streak, as some optimistic investors took position on sector-wise stocks ahead of Eid festival.

Dhaka’s rail link with northern, south-western dists restored
Rail link of Dhaka with northern and south-western districts was restored this afternoon, a day after its suspension as floodwater damaged a rail bridge in Kalihati upazila of Tangail.

Sensex plunges 266 points; Infosys tanks 5.4%
The Sensex gave up early gains to end lower by 266 points as market heavyweight Infosys Ltd extended losses for a second session following Vishal Sikka's resignation as the chief executive officer and managing director of the company on Friday.

Indian rupee up 2 paisa at 64.13
The Indian rupee strengthened to 64.00 against the US dollar on fresh dollar selling by banks and exporters.

Asian shares subdued after Bannon departure as US-South Korea military drills begin
Asia markets closed mixed in Monday trade as investors digested political developments in Washington while U.S.-South Korea joint military drills kicked off.

Gold little changed as investors focus on geopolitics, central bank meetings
Gold prices were little changed on Monday as investors sought further direction after a week of geopolitical uncertainty in the United States and Europe and ahead of a meeting of central bankers later this week.

Oil steady as market conditions tighten despite rising US output
Oil prices fell on Monday as a rally at the end of last week prompted investors to close positions at a higher price, against a backdrop of signs the global market is starting to rebalance.

Top 5 things to know in the market on Monday
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BBN/SSK/ANS

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