Monday’s evening business round up of Bangladesh

Last updated: March 19, 2018

Photo: Getty Images

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 plunge on selling binge
Bangladesh’s stocks saw a major correction on Monday with key index of the prime bourse dipping below the 5,700-mark once again as cautious investors went on selling spree.

US-Bangla plane crash: Bodies of 23 Bangladeshi victims arrive in Dhaka
The bodies of 23 identified Bangladeshi victims have been flown back home, where after janaza, they will be laid to rest in sad memoirs of Bangladesh’s biggest plane crash tragedy of recent times.

Global Digital Report: 49% Bangladeshis use internet
Nearly half of Bangladesh’s population currently uses internet, according to the Global Digital Report. Since January 2017, the volume of internet users has jumped by 29%, said the report by `We are Social and Hootsuite’.

Australia PM meets Myanmar leader Suu Kyi, to raise human rights concerns
Myanmar leader Aung San Suu Kyi arrived in Canberra on Monday to be met by a military honour guard and Australian Prime Minister Malcolm Turnbull, who has said he will raise human rights issues during her visit.

Sensex falls 252 points, Nifty ends below 10,100
The Sensex and the Nifty slumped 0.75 per cent to 1 per cent on Monday. The Sensex ended down 252.88 poins or 0.76 per cent at 32,923.12 while the NSE Nifty lost 100.95 points or 0.99 per cent at 10,094.20.

Indian rupee weakens 9 paise against dollar in opening trade
The Indian rupee depreciated by 9 paise against the US dollar to 65.03 in opening trade today as the greenback firmed up ahead of US Federal Reserve’s policy meet this week. A strong dollar and sustained foreign fund outflow weighed on the domestic unit amid rising current account deficit in the December quarter, a currency dealer said.

Japan lags peers as Asian shares close mixed before Fed meeting
Asian markets closed mixed on Monday, with Japan's benchmark index underperforming regional peers as investors also turned their attention to the Federal Reserve's two-day policy meeting later in the week.

Gold falls for fourth day as dollar stays firm ahead of Fed meeting
Gold prices extended losses into a fourth session on Monday and hit a more than two-week low, with the dollar remaining supported as investors expect the U.S. Federal Reserve to raise interest rates this week.

Oil prices fall as increased US drilling points to higher output
Oil prices fell on Monday as increased drilling in the United States pointed to more output, raising concerns about a return of oversupply.

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