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’s stocks keep gaining as bank shares rise further
Bangladesh’s stocks extended their gaining spell for the second day in a row on Monday as optimistic investors were active on bank shares.
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 Monday.
Govt to set up 7 new missions, 17 others given go
The cabinet today approved seven new diplomatic missions in Afghanistan, Australia, Canada, India, Romania, Sudan and Sierra Leone. These new missions will be at Kabul, Khartoum, Freetown, Bucharest, Chennai, Sydney and Toronto, Cabinet Secretary M Safiul Alam told reporters after a cabinet meeting headed by Prime Minister Sheikh Hasina at the Secretariat.
Indian rupee trading weak at 63.81
The Indian rupee was trading weak at 63.81 due to heavy demand for the American currency from banks and importers.
Sensex ends lower by 51 points; Nify closes at 10,057.40
The Sensex and Nifty ended marginally lower due to profit-booking by funds and retail investors owing to concerns over valuations.
Gold steady as dollar holds gains made after U.S. jobs data
Gold held steady near two-week lows on Monday, with the dollar remaining supported by expectations of monetary tightening in the United States following stronger-than-expected jobs data last week.
Oil holds near 9-week highs on jobs data, fall in U.S. drill rigs
Oil prices edged lower on Monday but still held near nine-week highs, supported by robust U.S. jobs data last week and a slight fall in the U.S. drill rig count, even as rising output from OPEC capped crude markets.
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, August 7.