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 rebound amid high turnover
Bangladesh’s stocks rebounded on Monday, after a single-session break, as investors went on last hour’s buying binge on sector specific issues.
Bangladesh Taka remains unchanged from July 12
The exchange rate of Bangladesh Taka (BDT) remained unchanged against the US currency from July 12 in inter-bank foreign exchange (forex) market.
Sensex ends at all-time closing high of 32,246; Nifty nears 10,000 mark
The Nifty ended at a record closing high on Monday, coming within a striking distance of breaching the 10,000 mark for the first time ever on continued buying by foreign funds and domestic retail investors despite weak global cues.
Indian rupee trading flat at 64.32
The Indian rupee was trading flat at 64.32 against the US currency due to month-end dollar demand from importers. However, weakening of US dollar against other currencies overseas and a strong domestic equity market limited the rupee’s fall.
Asia markets trade mixed as the US dollar treads near lowest levels in more than a year
Asia markets traded mixed on Monday, with traders focused on the wobbling dollar and the upcoming two-day policy meeting from the Fed later in the week.
Gold hits 4-week high on weaker equities, U.S. dollar
Gold touched a four-week high early on Monday, supported by weaker equities and a dip in the dollar to fresh 13-month lows due to political uncertainty in the United States.
Oil steady after fall ahead of OPEC/non-OPEC meeting
Oil prices were little changed on Monday following a steep fall in the previous session amid growing expectations that the joint OPEC and non-OPEC ministerial meeting later in the day would address rising production from Nigeria and Libya, two OPEC members exempted from the 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 24.