Monday’s evening business round up of Bangladesh

Last updated: October 1, 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 flat after volatile trading

Bangladesh’s stocks ended almost flat on Monday as investors went on late hours selling spree on sector-wise stocks.

 

Sensex surges 299 points; Nifty closes at 11,008

The Sensex closed higher by 299 points or 0.83 per cent at 36,526.14 and the Nifty up 77.85 points or 0.71 per cent at 11,008.3 on heavy buying in IT, TECk, power and PSU stocks amid firm global cues.

 

Indian rupee ends weak at 71.91

The Indian rupee weakened by 47 paise to 72.95 against the US dollar despite RBI’s plan to purchase government bonds worth Rs 36,000 crore to boost liquidity. The domestic unit had gained 11 paise to close at a one-week high of 72.48 against the US dollar on Friday.

 

Asia markets mixed as US and Canada agree on renewed NAFTA

Asia markets were mixed on Monday as the U.S. and Canada announced that they had reached a deal to replace the North American Free Trade Agreement.

 

Gold slips as dollar firms amid Fed rate hike view

Gold prices dipped on Monday as the dollar firmed in the wake of indications from the U.S. Federal Reserve last week that it will pursue a tighter monetary policy.

 

Brent oil rises to four-year high ahead of Iran sanctions, traders eye more hikes

Brent crude oil prices rose to their highest since November 2014 on Monday ahead of U.S. sanctions against Iran, the third-largest producer in the Organization of the Petroleum Exporting Countries (OPEC), that kick in next month.

 

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, October 1.

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