Traders display different types of rice at Babu Bazar, a major wholesale rice market in Dhaka. This photo is taken recently. BBN file photo
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 witness mild correction
Bangladesh’s stocks faced marginal correction on Monday, breaking a three-day sharp rally, as cautious investor booked profit on quick-gaining stocks.
Dhaka to import 1 lakh tonnes of rice from Myanmar
Bangladesh has decided to import rice from Myanmar in face of instability in the market of the prime staple and in the backdrop of Rohingya crisis. A decision to import 1 lakh metric tonnes of white rice has been taken up, food ministry officials told The Daily Star today on condition of anonymity.
Nifty closes at record high of 10,153.10; Sensex jumps 151 points to 32,424
The NSE index Nifty today closed at a record high of 10,153.10 and the Sensex surged by 151 points to end at a six-week high led by banking, capital goods and auto stocks due to unabated buying by domestic institutional investors and positive global cues.
Indian rupee strengthens to 64.01 on dollar selling
The Indian rupee appreciated by 7 paisa to 64.01 against the US dollar on dollar selling by banks and exporters.
Asia markets gain as investors await Fed policy cues later this week
Asian shares closed higher on Monday as investors anticipated clues on the direction of monetary policy from central banks later in the week.
Gold slips to two-week low ahead of Fed meet
Gold slipped to its lowest level in over two weeks on Monday as equities rallied and the dollar firmed, while prospects of monetary policy tightening in the United States ahead of a Federal Reserve meeting also weighed on the metal.
Oil edges up on rising refinery demand, falling US rig count
Oil markets were firm on Monday and remained near multi-month highs hit late last week as the number of U.S. rigs drilling for new production fell and refineries continued to restart after getting knocked out by Hurricane Harvey.
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, September 18.
BBN/SSK/ANS