Tuesday’s evening business round up of Bangladesh

Last updated: October 10, 2017

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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’s stocks rebound, turnover remains low
Bangladesh’s stocks rebounded on Tuesday, a day-after steep fall, as optimistic investors showed their buying appetite on banking issues once again.

Preparations on for larger Rohingya influx to Bangladesh: UNHCR
With the sudden increase of forcibly displaced Myanmar nationals, the UN Refugee Agency is apprehending fresh larger influx from Myanmar to Bangladesh.

Indian rupee strengthens to 65.21
The Indian rupee appreciated by 15 paisa to 65.21 against the dollar today as increasing risk appetite pushed back the US currency amid a firm domestic equity market.

Sensex ends higher by 77 points; Lupin, PowerGrid stocks steal the show
The benchmark BSE Sensex ended higher by nearly 80 points on Tuesday due to sustained buying by domestic institutional investors and positive Asian cues.

Most Asia markets climb despite softer Wall Street close; yuan strengthens
Most Asian shares closed higher on Tuesday as markets shrugged off the softer close on Wall Street.

Gold marks over 1-week high, but US rate hike prospects curb gains
Gold prices inched up to their highest in more than a week on Tuesday, drawing support from geopolitical tensions and a softer dollar, but expectations of another U.S. Federal Reserve interest rate hike this year curbed upside momentum.

Oil prices rise back above $50 on signs the market is rebalancing
Oil rose to around $56 a barrel on Tuesday, supported by Saudi Arabian export cuts in November and signs that the market is rebalancing after years of oversupply.

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, October 10:
BBN/SSK/ANS

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