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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 extend losing streak for fourth day
Bangladesh’s stocks extended losing streak for the fourth running sessions on Monday as risk-averse investors continued on selling spree.
WHO warns of cholera threat in Bangladesh Rohingya camps
The World Health Organisation warned Monday of a growing risk of a cholera outbreak in the makeshift refugee camps in Bangladesh where some 436,000 Rohingya Muslims have sought shelter from unrest in Myanmar.
Indian rupee weakens to 65.20
The Indian rupee weakened to 65.20 as the dollar gained against a broad basket of currencies, rising 0.15 per cent on the day as investors reduced some short bets against the greenback.
Sensex plummets 296 points; Nifty falls to 9,873
The Sensex and Nifty ended the session down by nearly 1 per cent owing to sustained foreign fund outflows and persistent concerns over US-North Korea tug-of-war. Profit-booking at higher levels also dampened the domestic sentiment.
Asian shares close lower as investors digest German, New Zealand election results
Major Asian indexes were mixed in Monday trade, with a broad index of Asia Pacific shares recording a moderate decline, as investors digested elections in Germany and New Zealand over the weekend.
Gold falls as dollar firms, N.Korea worries ease
Gold prices dropped on Monday and hovered around one-month lows hit last week, as the U.S. dollar firmed and concerns over the Korean peninsula eased.
Oil holds gains as producers say market rebalancing
Oil prices came under pressure from a strong dollar, but kept most of their gains from the previous session as major producers meeting in Vienna said the market was well on its way towards rebalancing.
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 25.
BBN/SSK/ANS