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 lower for second day
Bangladesh’s stocks closed marginally lower for the two consecutive sessions on Monday as risk-averse investors went on late hour selling.
Polls schedule to be announced any day after Oct 30
The schedule for the next parliamentary polls will be announced any date after October 30, Election Commission Secretary Helaluddin Ahmed said today.
Sensex tanks 467 points; Nifty drops to 11,438
The Sensex tanked 468 points or 1.22 per cent to end below the 38,000 mark as the rupee crashed to a fresh record low of 72.67 against the dollar. Negative global cues and widening of current account deficit to $15.8 billion in April-June this year ($15 billion) spooked investor sentiment.
Indian rupee recovers slightly from intraday low
The Indian rupee recovered slightly to 72.40 on RBI intervention. Intraday, the domestic unit slumped 94 paise to a fresh record low of 72.67 due to rising crude oil prices, strengthening of dollar against other currencies overseas on upbeat jobs data and widening of current account deficit.
Asia markets mixed as US-China trade jitters linger
Asian markets were mixed on Monday as trade tensions between the U.S. and China remained in focus.
Gold falls further as rate hike views, trade war worries buoy dollar
Gold fell for a second straight session on Monday as expectations of an interest rate hike by the U.S. Federal Reserve in September and fears of an escalation in U.S.-China trade tensions kept the dollar firm.
Oil up as US drilling stalls, Iranian sanctions bite
Oil prices rose on Monday as U.S. drilling stalled and as investors anticipated lower supply once new U.S. sanctions against Iran’s crude exports kick in 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 10.