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 return to higher
Bangladesh’s stocks returned to higher on Monday, after a single-day break, as some optimistic investors took position on heavyweight banking sector shares.
Bangladesh Taka depreciates five paisa more against US$
The Bangladesh Taka (BDT) depreciated five paisa more on Monday against the US dollar due to short supply of the greenback in the inter-bank foreign exchange market.
10 die in stampede at Mohiuddin’s kulkhwani
Ten persons died and about 40 others were injured in a stampede at the kulkhwani of former Chittagong mayor Mohiuddin Chowdhury this afternoon.
Sensex ends higher by 139 points as BJP set to retain power in Gujarat
Markets staged a smart recovery after over 850 points fall as the BJP looked set to retain power in Gujarat, with the party winning 46 seats and leading in 53 others in the keenly-contested polls to the 182-member Assembly. The Congress, which had 61 seats in the outgoing Assembly, looked to have improved its tally this time as it has won 44 seats and is leading in 33 seats so far
Indian rupee recovers from early low of 64.72 as BJP heads for victory in Gujarat
The Indian rupee recovered from the early low of 64.72 as the BJP looked set to retain power in Gujarat, with the party winning 46 seats and leading in 53 others in the keenly-contested polls to the 182-member Assembly. The Congress, which had 61 seats in the outgoing Assembly, looked to have improved its tally this time as it has won 44 seats and is leading in 33 seats so far.
Asian stocks close mostly higher as investors bet on US tax reform; Aconex jumps 44%
Most major Asian indexes closed higher on Monday, given a boost by investor optimism that a plan to reduce corporate taxes would be passed stateside.
Gold inches lower as dollar holds firm on US tax bill hopes
Gold prices edged lower on Monday, pressured by firmer equities and a buoyant dollar after a bill to overhaul the tax system in the United States moved a step closer to ratification.
Oil edges up, though 2018 outlook cites ample supplies
Oil edged up on Monday, lifted by an ongoing North Sea pipeline outage and over signs that booming U.S. crude output growth may be slowing, although the outlook for oil markets cites ample supplies despite ongoing production cuts led by OPEC.
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, December 18.