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 down on profit booking
After hitting historical high, the key index of the premier bourse witnessed a marginal correction on Monday as risk-averse investors opted for profits on quick-gaining stocks.
Bangladesh Taka remains unchanged against $US
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.
Indian rupee trading strong at 64.37
The Indian rupee was trading strong at 64.37 in the evening session due to higher foreign funds inflows. The domestic currency also received a boost from fresh selling of the American unit by exporters and banks amid a firm domestic equity market.
Sensex closes at new peak of 32,075; Nifty ends above 9,900 for first time
The benchmark BSE index Sensex closed at a new peak of 32,075 and the NSE index Nifty ended above 9,900 for the first time on foreign fund inflows and positive global cues.
Despite expectation-beating China GDP, mainland markets close down; rest of Asia mixed
Asia markets closed mixed on Monday following the release of better-than-expected China second-quarter GDP.
Gold steady, poised for more gains on soft U.S. rate outlook
Gold was steady on Monday and likely to see further gains after the dollar slumped to multi-month lows on the back of data that pointed to weak U.S. inflation and less prospect of rate hikes.
Oil prices stabilize on strong China demand, signs of US output slowdown
Oil edged up to around $49 a barrel on Monday as a slowdown in the increase of rigs drilling in the United States eased concern that surging shale supplies will undermine OPEC-led cuts.
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 17.