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 lower for fourth day
Bangladesh’s stocks witnessed yet another bearish session on Monday, extending the losing streak for the four straight sessions, as investors continued their selling binge on sector-wise stocks.
No quota for 1st, 2nd class govt jobs, review body recommends
The committee formed to evaluate the quota system has recommended for abolishing the existing quota in the first and second class government jobs.
Sensex crashes 505 points as rupee woes persist; Nifty drops to 11,378
The S&P BSE Sensex crashed 505.15 points or 1.33 per cent to 37,585.51 and the Nifty50 plunged 137.45 points or 1.19 per cent to 11,377.75 due to heavy selling in consumer durables, FMCG, banking and healthcare stocks. However, realty, power and infrastructure stocks found investors’ support.
Indian rupee slumps to 72.69
The Indian rupee depreciated 85 paisa to 72.69 against the dollar, despite the government’s steps to stem a steep fall in the currency, amid reports that the US could announce a new round of tariffs on Chinese imports later in the day.
Asia markets broadly lower as US-China trade tensions rise again
Asian markets were broadly negative on Monday, amid reports over the weekend that the U.S. could be imposing new tariffs on $200 billion of Chinese goods as early as this week.
Gold nudges up amid looming U.S. tariffs on China
Gold inched up on Monday as bargain-hunters bought the metal after prices dipped in the previous session, amid reports that the United States is set to impose a new round of tariffs on Chinese imports.
Oil prices rise as supply concerns outweigh US output assurances
Global oil prices edged up from early losses on Monday despite assurances from Washington that Saudi Arabia, Russia and the United States can raise output fast enough to offset falling supplies from Iran and elsewhere.
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 17.