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 close marginally lower for third day
Bangladesh’s stocks closed marginally lower on Monday, with key index of the major bourse dipping below 5,600-mark again, as investors went on late hours profit booking selling spree.
AIIB investing up to $274 million in BD to help reach energy targets
The Asian Infrastructure Investment Bank (AIIB) is helping Bangladesh reach energy targets with up to $274 million in investments.
Sensex tanks 332 points; Nifty drops to 11,582
The Sensex plunged 332.55 points or 0.86 per cent to 38,312.52 and the Nifty dropped 98.15 points or 0.84 per cent to 11,582.35. Weakening of rupee and negative global cues dampened investor sentiment. Intraday, the BSE index surged 289.28 points to 38,934.35 and the NSE index jumped 71.3 points to 11,751.80.
Indian rupee plunges to yet another record low of 71.10
The Indian rupee nosedived to a new life-time low of 71.10, shedding 10 paisa against the US dollar in late afternoon trade on Monday, tracking weakening trend in emerging market currencies.
Asia markets down on first trading day of September on further trade worries
Asia markets were largely negative on Monday, with Canada and the U.S. failing to come to a trade agreement on Friday, and worries on further escalation in the U.S.-China trade war.
Gold down as rising trade tensions unnerve investors
Gold fell on Monday as the dollar remained firm on worries over intensifying Sino-U.S. trade tensions, especially after an impasse in trade talks between the United States and Canada.
Oil steady on high OPEC supply ahead of Iran sanctions
Oil prices steadied on Monday, weighed down by rising supply from OPEC and the United States but supported by concerns that falling Iranian output will tighten markets once U.S. sanctions bite from November.
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 3.