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 extend gaining spell for fourth day
Bangladesh’s stocks extended the gaining streak for the four consecutive sessions on Monday as optimistic investors continued their buying spree on sector-wise stocks.
WB questions 7.65% growth projection
The World Bank has questioned 7.65 percent growth projection for the current fiscal year raising doubts over claims of robust expansion of manufacturing sector and domestic demand.
Bangladesh happy with India over Rohingya crisis: Foreign secretary
Bangladesh is ‘happy’ over India’s position on the Rohingya refugee issue and its progress on the pending Teesta water sharing deal, Foreign Secretary Md Shahdiul Haque says after a bilateral meeting with his counterpart Vijay Gokhale in Dhaka.
Uttara Bank, Bank Asia, Continental Ins recommend dividend
The board of directors three more listed companies have recommended dividend for the year ended on December 31, 2017, according to separate official disclosures on Monday.
Protesters in crucial meeting with Quader
The spotlight has fallen upon the meeting between Awami League General Secretary Obaidul Quader and the delegation of quota demonstrators being held at the secretariat.
Sensex ends higher by 161 points; Axis Bank jumps 3.4%
Domestic shares closed higher for a third straight session on Monday as financial stocks rose with global sentiment turning positive amid easing trade war fears. Both indexes marked their highest closing levels since March 14.
Indian rupee up 8 paise at 64.89
The Indian rupee pared some gains in late morning deals, but was still trading up 8 paise at 64.89 on dollar selling by banks and exporters amid firm domestic equities.
Asia advances as markets shrug off US declines amid trade tensions
Stocks in Asia closed higher on Monday, as markets shrugged off declines seen on Wall Street after a week largely dominated by U.S.-China trade developments.
Gold eases on receding fears over US-China trade war
Gold retreated on Monday, erasing the previous session’s slim gains as fading concern over potential escalation in the trade stand-off between China and the United States sparked a recovery in cyclical assets such as stocks at bullion’s expense.
Oil edges up but US-China trade tensions curb gains
Oil markets stabilized on Monday after having lost around 2 percent last Friday as concerns grew over the impact on global growth from an intensifying trade dispute between the United States and China, as well as increased U.S. drilling activity.
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 9.