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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 Taka appreciating mode continues against US$
Appreciating mode of Bangladesh Taka (BDT) against the US dollar continued in the inter-bank foreign exchange (forex) market in evening transactions on Monday.
Bangladesh’s stocks break losing spell
Bangladesh’s stocks broke losing spell and rebounded on Monday after a four-day hiatus as investors showed their buying appetite on some large-cap issues amid optimism.
Sensex ends 106 points higher; ITC surges over 6%
The BSE benchmark index Sensex ended higher at 30,570 in steady trade on Monday as FMCG counters buzzed following finalisation of GST rates for bulk of the items.
Indian rupee trading higher by 10 paisa at 64.54
Indian rupee opened 15 paisa higher at 64.49 per dollar on selling of the US dollar by banks and exporters.
Markets mostly higher in Asia, ASX closes up 0.8pc
Asian equities traded mostly higher on Monday, following the continued recovery on Wall Street last week and as investors digest yet another missile test out of North Korea at the weekend.
Gold prices dip as Asian stocks gain, but Trump worries support
Gold prices edged lower on Monday as Asian stocks gained, although political worries surrounding U.S. President Donald Trump are expected to keep supporting appetite for the metal as a so-called safe-haven asset.
Oil rises on expectations of extended, possibly deeper, output cut
Oil rose on Monday, bolstered by confidence that top exporters will this week agree to extend supply curbs, with suggestions that the cuts could even be deepened.
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, May 22.
Dollar steadies after week of political noise
The dollar steadied close to six-month lows against a basket of currencies on Monday, as investors took stock of a week of political turmoil in the United States and a resurgent euro zone economy.
BBN/SS/ANS