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 down on profit booking
Bangladesh’s stocks slipped into the red on Tuesday, snapping a two-day rally, as risk-averse investors opted for profit on quick-gaining stocks.
Depreciating mode of Bangladesh Taka continues at closing
The depreciating mode of Bangladesh Taka (BDT) against the US dollar continued following higher demand for the greenback in the inter-bank foreign exchange market on Tuesday.
Sensex plummets 259 points as SEBI bans trading in suspected shell cos
The benchmark Sensex plunged nearly 260 points at the closing trade on concerns over a broad government crackdown on suspected illegal offshore transfers and tax evasion after an unexpected regulatory order by the capital markets regulator.
Indian rupee trading strong at 63.70
The Indian rupee was trading strong at 63.70 in the evening session on persistent selling of the American currency by exporters and banks. Besides, dollar's weakness against some other currencies overseas supported the rupee sentiment.
Asian shares close mixed as investors digest the release of China July trade data
Asian indexes closed mixed Tuesday as investors digested the release of China July trade data during the session.
Gold rises as dollar eases, focus on US inflation data
Gold prices edged up on Tuesday as the dollar eased slightly, with investors waiting for U.S. inflation numbers later this week for hints on the pace of monetary tightening by the Federal Reserve.
Oil prices fall as Libyan field resumes production
Oil prices slipped in Asian trading on Tuesday following a recovery in output at Libya's largest oil field and as doubts about OPEC-led production cuts continue to drag.
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, August 8.
BBN/SSK/ANS