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 socks end lower for fourth day
Bangladesh’s stocks extended the losing streak for the fourth straight session on Monday as investors mostly followed cautious stance.
Sensex sheds 61 points in choppy session
Shares of power producer NTPC Ltd fall as much as 3.99 per cent to Rs 151.70 intraday , their lowest since July 26. It ended lower by 2.72% at Rs 1533.60 on the BSE today.
Indian rupee falls 56 paisa against dollar
The Indian rupee depreciated 62 paisa to 73.07 against the US dollar in the mid-session at the interbank forex market on Monday on foreign fund outflows.
Asia markets fall; Xi speech tries to position China as globalization champion
Asia Pacific markets traded mostly lower on Monday as investors remained cautious over global growth prospects while Chinese President Xi Jinping tried to position China as a globalization champion in a major speech.
Dollar ends winning streak before elections; euro struggles
The dollar dipped on Monday after three consecutive weeks of gains as investors took profits before U.S. midterm elections this week that may fuel a new bout of volatility for global markets.
Gold prices steady ahead of US midterm elections
Gold prices held steady on Monday as investors were cautious ahead of the U.S. congressional elections due on Tuesday which will determine whether the Republican or Democratic Party controls Congress.
Oil slips as US sanctions on Iran begin, Tehran defiant
Oil prices fell on Monday as U.S. sanctions against Iran’s fuel exports were softened by waivers allowing major buyers to import Iranian crude for a while, while Tehran said it would defy Washington and continue to sell.
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, November 5.