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.
DSE continues declining trend on Monday
Stocks on the Dhaka bourse on Monday witnessed a declining trend for the second consecutive session due to correction witnessed by the major sectors.
Sensex tanks 536 points, Nifty drops to 10,975; M&M, HDFC skid over 6%
The Sensex tanked nearly 537 points to end at over two-month low of 36,305.02 and the Nifty crashed below the 11,000-mark, extending their slide for the fifth straight session on heavy selling in banking and auto stocks.
Indian rupee ends weak at 72.63
The Indian rupee fell sharply by 53 paisa to 72.73 against the dollar on Monday due to strengthening of greenback against other currencies overseas.
Asia stocks, currencies down as US-China tariffs kick in
Australian and Hong Kong markets were broadly negative on Monday, following tariffs between the U.S. and China that kicked in.
Gold falls as dollar firms after China halts trade talks
Gold edged lower on Monday as the dollar held firm on news that China has cancelled trade talks with the United States, while investors eyed this week’s U.S. Federal Reserve meeting for guidance on future rate hikes.
Oil jumps to a 4-year high after OPEC denies Trump and fails to raise output
Oil prices jumped more than 2 percent to a four-year high on Monday after OPEC declined to announce an immediate increase in production despite calls by U.S. President Donald Trump for action to raise global supply.
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 24.