Monday’s evening business round up of Bangladesh

Last updated: October 23, 2017

Photo: Investing.com

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 tumble on selling spree at closing
Bangladesh’s stocks tumbled at closing on Monday, with key index of the premier bourse dipping below 6,000-mark, as risk-averse went on selling spree.

New gas field found in Bhola
State-owned Bangladesh Petroleum Exploration and Production Company Limited (Bapex) has discovered a new gas field at Shahbazpur in Bhola district.

UN opens key Rohingya fundraising conference
The UN opened a major fundraising conference on Monday aimed at securing some of the $434 million aid groups say is needed to care for Myanmar’s Rohingya refugees in Bangladesh.

Sensex ends higher by 117 points; Bharti Airtel, RIL stocks spurt on Jio tariff hike
The Sensex and Nifty ended higher on Monday as telecom stocks rallied after Reliance Industries Ltd's Jio unit had raised the data tariffs last week, raising hopes it would usher more pricing discipline across the profit-challenged sector.

Indian rupee strengthens to 64.98
The Indian rupee strengthened to 64.98 on dollar selling by banks and importers and a firm domestic equity market.

Japanese stocks rise as dollar climbs against the yen after Abe election win
Japanese stocks closed higher for a 15th consecutive day while other Asian shares wavered on Monday following a snap election in Japan on Sunday. The dollar also spiked to more than three-month highs against the yen during the session.

Gold hits two-week low as Abe election victory lifts dollar
Gold hit its lowest in more than two weeks on Monday as expectations that Japan's ultra-loose monetary policy would stay in place after Shinzo Abe's election victory at the weekend lifted the dollar to a three-month high versus the yen.

Oil keeps gains, supported by Iraq disruptions and drop in US rigs
Oil prices largely held on to last week's gains on Monday, supported by supply disruptions in Iraq and a drop in U.S. drilling.

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, October 23:
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