Monday’s evening business round up of Bangladesh

Last updated: April 2, 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 end higher for third day

Bangladesh’s stocks witnessed yet another bullish session on Monday, extending the winning streak for the third day in a row, as optimistic investors continued their buying appetite on large-cap stocks.

 

Mymensingh becomes city corporation

English spellings of 5 districts changed

Bangladesh government today recognised Mymensingh as the country’s twelfth city corporation.

 

BGMEA gets one more year to demolish its building

The Supreme Court has granted Bangladesh Garment Manufacturers and Exporters Association (BGMEA) one more year to demolish its complex located in Dhaka’s Hatirjheel area.

 

Sensex surges 287 points on firm global cues; Nifty ends at 10,212

The broader NSE index closed up by 98.1 points or 0.97 per cent at 10,211.80, while the benchmark BSE index ended higher by 286.68 points or 0.87 per cent at 33,255.36.

 

Indian forex, money markets shut for annual accounts closing

The Indian forex and money markets are shut today due to annual accounts closing.

 

Asia markets lose steam to close lower as investors digest China tariffs

Asia Pacific stocks finished the first trading day of the quarter on a weaker note as markets reversed gains seen earlier in the day. Markets also digested new tariffs on U.S. goods announced by China on Monday after Beijing floated the proposal last month.

 

Gold rises on renewed US-China trade tensions

Gold prices rose on Monday as the dollar eased amid renewed concerns over a trade war after China imposed extra tariffs on U.S. products in response to U.S. duties on imports of aluminium and steel.

 

Oil rises on lower US drilling activity, but rising Russia output weighs

Oil prices rose on Monday, lifted by a drop in drilling activity in the United States as well as by expectations that Washington could re-introduce sanctions against Iran.

 

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, April 2.

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