Monday’s evening business round up of Bangladesh

Last updated: November 19, 2018

Photo: Getty Images

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 end flat amid choppy trading

Bangladesh’s stocks ended almost flat on Monday after volatile trading as investors were active on both sides of trading fences.

 

UCB to form subsidiary for providing MFS

The board of directors of United Commercial Bank (UCB) Limited has decided to form a subsidiary company, aiming to provide mobile financial services (MFS).

 

Indian rupee gains 32 paise against US dollar

At 3.30 pm, the Indian rupee was quoted at 71.61, up by 32 paise against the US dollar on Monday at the interbank foreign exchange.

 

Asian shares mainly higher despite global uncertainties on trade and Brexit

Stocks in Asia were mostly higher on Monday as ongoing tensions between the United States and China continued to weigh on investor sentiment.

 

Dollar bulls wary after biggest weekly drop in 2 months

The dollar steadied on Monday after posting its biggest weekly drop in two months last week as investors grew cautious about the near term outlook for the greenback after dovish comments by U.S. policymakers.

 

Gold dips on profit-taking, softer dollar curbs declines

Gold prices edged lower as investors took some profit after the metal rose for four consecutive sessions last week, though the prices were supported by a muted dollar on Federal Reserve's concerns over the global economy.

 

Oil rises for a fourth day, buoyed by OPEC supply plans

Oil rose for a fourth session in a row on Monday, buoyed by the prospect that top exporter Saudi Arabia will push OPEC and maybe Russia to cut supply towards the end of this year.

 

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 19.

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