Monday’s evening business round up of Bangladesh

Last updated: August 20, 2018

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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 end higher for fourth day
Bangladesh’s stocks witnessed yet another upward session, extending the winning streak for the four straight sessions on Monday, the last trading session before five-day Eid-ul-Azha vacation.

Heat wave for couple of days
Mild to moderate heat wave is sweeping over Rangpur, Rajshahi and Sylhet divisions and a part of Tangail, which may continue at places for a couple of days.

Plan to raise age limit for government jobs
The government plans to raise the age limit of candidates aspiring to get into the civil services.

Sensex spurts 331 points to end at new high of 38,279; Nifty closes at 11,552
The Sensex surged 330.87 points or 0.87 per cent to end at a new high of 38,278.75 and the Nifty jumped 81 points or 0.71 per cent to a record closing high of 11,551.75. Intraday, the BSE index touched 38,340.69 and the NSE index hit 11,563.80.

Indian rupee rebounds to 69.60 on fresh dollar selling ahead of US-China trade talks
The Indian rupee recovered from its all-time low by rising 55 paisa to 69.60 against the US dollar on fresh selling of the greenback by exporters and banks ahead of US-China trade talks this week.

Asia markets close mostly positive as investors look to US-China tariff talks
Asia markets mostly rose on Monday, following a higher finish on Wall Street Friday after a report said China and U.S. negotiators are working on a plan to end a trade dispute that would result in meetings between President Donald Trump and Chinese leader Xi Jinping in November.

Gold gains on bargain hunting; US-China trade talks in focus
Gold edged higher on Monday as investors found the metal attractive after prices fell to a 19-month low last week, while a rising dollar weighed on the market ahead of planned U.S.-China trade talks.

Brent oil stabilizes near $72 as economic concerns weigh
Brent oil stabilized near $72 per barrel on Monday after several weeks of decline, weighed down by concerns over slowing global economic growth but supported by an expected fall in supply from Iran due to U.S. sanctions.

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, August 20.
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