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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 back to the red amid low turnover
Bangladesh’s stocks slipped into the red on Monday, spanning the two-day gaining streak, as investors booked profit on sector-wise stocks.
Sensex soars 299 points; Nifty hovers around 10,700 level
The Sensex surged nearly 300 points at the pre-close trade on easing geopolitical concerns and a sharp correction in global crude prices. An appreciating rupee, encouraging earnings by some more companies and easing concerns over US-North Korea summit too boosted the investor sentiment.
Indian rupee strengthens to 67.39 on fresh dollar selling
The Indian rupee strengthened by 39 paise to 67.39 against the dollar at the interbank forex market today on fresh selling of the greenback by exporters and banks.
Asian markets close mixed, with oil prices extending losses
Asian markets closed mixed on Monday, following positive weekend news regarding U.S.-North Korea relations. Investors also digested the extended slide in oil prices after top producers indicated output could increase.
Gold dips on revived hopes of US-North Korea summit
Gold prices fell on Monday on revived hopes of a U.S.-North Korea summit, while a strong dollar also weighed on the market.
Oil slumps as OPEC, Russia look to raise output amid US surge
Oil prices slumped on Monday, extending steep declines from Friday, as Saudi Arabia and Russia said they may increase supplies and as U.S. production gains show no signs of abating.
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, May 28.
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