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.
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.
Bangladesh’s stock turnover surpasses BDT 13b-mark
Bangladesh’s stocks extended the winning spell for the third straight session on Tuesday with turnover crossing BDT 13 billion-mark amid a gradual revival of investor confidence and an increased supply of fresh funds.
Sensex ends at new peak of 31,747; Nifty closes at 9,786
The Sensex and Nifty closed at their record highs for a second consecutive session on earnings optimism and positive global cues, a day after a major technical disruption affected trade on the National Stock Exchange.
Indian rupee trading weak at 64.58
The Indian rupee was trading weak at 64.58 as the dollar hit a four-month high against the yen on the back of the past fortnight’s 25 basis-point rise in 10-year US government bond yields.
Most Asian equities close higher as yen weakens, Fed chief Yellen testimony eyed
Most Asian indexes made gains on Tuesday, with the yen falling to its weakest levels in around four months against the dollar.
Gold falls slightly as dollar, equities gain ahead of Yellen testimony
Gold edged lower on Tuesday on a firmer dollar and equities as the market awaited cues on the path of interest rate hikes in the United States ahead of Federal Reserve Chair Janet Yellen’s testimony on Wednesday.
Oil falls as banks cut price forecasts
Oil prices fell on Tuesday as global oversupply encouraged several banks cut their price forecasts.
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, July 11.