Monday’s evening business round up of Bangladesh

Last updated: February 12, 2018

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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’s stocks break two-day gaining streak
Bangladesh’s stocks slipped into red on Monday after breaking the two-day gaining streak as cautious investors sold shares to bag profit on quick gaining stocks.

BTRC now decides to keep internet speed uninterrupted
A day after deciding to block mobile internet and slash internet speed for two and a half hours on SSC exam days, the government backtracked on the decision this morning and asked the operators to ensure uninterrupted internet service.

Bangladesh’s Green Delta Ins recommends 20% dividend
The board of directors of Green Delta Insurance has recommended 20 percent cash dividend for the year ended on December 31, 2017, said an official disclosure on Monday.

Government bans mobile phones within 200 metres of SSC exam centres
Government has slapped an embargo on carrying mobile phones near the exam centres in a desperate bid to plug question leaks of the school-leaving SSC and equivalent exams.

Power, realty stocks drive Sensex up 295 points; Nifty closes at 10,540
The S&P BSE Sensex surged 294.71 points or 0.87 per cent to 34,300.47 and the Nifty50 climbed 84.8 points or 0.81 per cent to 10,539.75 on positive global cues.

Indian rupee strengthens by 17 paisa to 64.23 on fresh dollar selling
The Indian rupee recovered by 17 paisa to 64.23 against the dollar on fresh selling of the US currency by exporters and banks amid strong domestic equities.

Most Asian markets advance after Wall Street's Friday rebound; oil prices rise
Asian markets closed mostly higher on Monday while oil prices rose around 1 percent after recording six straight days of declines.

Gold rises, but gains capped before US price data
Gold prices rose on Monday as the dollar slipped, but gains are expected to be capped ahead of inflation data from the United States this week that could mean U.S. interest rates increase more quickly than expected.

Oil gains 2 percent as global markets stabilize, dollar dips
Oil rose 2 percent on Monday, recovering some of last week's steep losses as global equities steadied after their largest one-week slide in two years.

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 12.
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