Bangladesh Taka is being counting. Photo: BBN
Dhaka, Bangladesh (BBN) – The Bangladesh Business News prepared Sunday’s evening business round up compiling reports, published by different newspapers and news portals both in local and international.
Bangladesh Taka remains stable against US dollar at closing
The exchange rate of Bangladesh Taka remained stable against the US dollar in the evening transactions in the inter-bank foreign exchange market on Sunday.
Bangladesh’s stocks down for second day
Bangladesh’s stocks extended losing streak for the second day in a row on Sunday with lower turnover as investors were mostly cautions amid ongoing earnings declaration session.
Bangladesh’s BBS Cables to make trading debut Monday
BBS Cables, a sister concern of Bangladesh Building Systems, is set to make its share trading debut on Monday on both bourses under “N” category, officials said.
The week ahead: 5 things to watch on the economic calendar
Global financial markets will focus on this week's U.S. employment report due Friday to gauge the strength of the world's largest economy and how it will impact the Federal Reserve's view on monetary policy through the end of the year.
Gold / Silver / Copper futures - weekly outlook: July 31 - August 4
Gold prices rose to one-and-a-half month highs on Friday as sluggish inflation data tempered expectations that the U.S. Federal Reserve will raise interest rates again this year, underpinning demand for the precious metal.
Crude oil futures - weekly outlook: July 31 - August 4
Oil prices settled higher for the fifth session in a row on Friday to log its biggest weekly gain this year as investors cheered signs that rising demand will offset excess supplies in the second half of the year.
BBN/SSK/ANS