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 index hits 8-month low
Bangladesh stocks plunged on Monday, extending the bearish trend for the seven days in a row, with key index of the major bourse dipping below 5,800-mark low after nearly eight months.
Shakib included, Imrul and Taskin return to T20 squad
Bangladesh Cricket Board announces the squad for the upcoming Nidihas Trophy T20I tri-series and Shakib Al Hasan has been included in the squad despite not making a full recovery from his injury yet.
DNCC by-polls: SC orders quick disposal of HC rule
The Appellate Division of the Supreme Court has ordered the High Court for expeditious disposal of its previous rule issued halting the by-election to the Dhaka North City Corporation (DNCC).
Indian rupee up 6 paisa at 64.67
The Indian rupee strengthened by 6 paise to 64.67 against the dollar at the forex market today on fresh selling of the American currency by exporters and banks amid strength in domestic equities.
Sensex climbs 304 points, Nifty gains 92 points; Maruti top gainer
On Monday, the Sensex gained 303.60 points to end at 34,445.75. The NSE Nifty rose 91.55 points to end at 10,582.60. Maruti gained the most among the Sensex 30; it ended 3.41 per cent higher at Rs 9,001.80. It was followed by Tata Motors (+3.22%), IndusInd Bank (+2.94%), L&T (+2.83%), Axis Bank (+2.41%) and M&M (+2.27%). Among BSE sectoral indices, realty index was the star-performer followed by auto, capital goods, banks, finance, and oil and gas. On the other hand, IT and TECk continued to witness selling pressure.
Asian shares notch gains as the dollar slips; China markets shine
Asian markets closed higher on Monday, tracking gains seen on Wall Street as U.S. bond yields receded from recent four-year highs. Meanwhile, the dollar slipped against a basket of currencies and investors awaited a testimony from the new Federal Reserve chair.
Gold rebounds from biggest weekly loss this year as dollar slips
Gold rose on Monday as a softer dollar helped the metal rebound from its biggest weekly loss this year, while traders awaited Federal Reserve Chair Jerome Powell’s debut congressional testimony this week for clues on the next direction of trade.
Oil hits 2-week high as Saudi Arabia to keep output well below cap
Oil prices extended gains to hit two-week highs on Monday, supported by comments from Saudi Arabia that it would continue to curb exports in line with the OPEC-led effort to cut global supplies.
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, February 26.