Dhaka, Bangladesh (BBN) – The Bangladesh Business News prepared Thursday’s evening business round up compiling reports, published by different newspapers and news portals both in local and international.
Bangladesh’s stocks open month March on high note
Bangladesh’s stocks rebounded strongly on Thursday as optimistic investors went on buying spree, especially banking sector issues amid dividend expectation.
Government optimistic about free trade deal with US, Commerce Minister says
Commerce Minister Tofail Ahmed has said the government is optimistic about striking a free trade agreement with the United States of America, briefly known as USA or US.
NBR unfreezes Robi’s accounts after VAT pay assurance
Hours within a Supreme Court order today, Robi managed to unfreeze its bank accounts after agreeing to pay due VAT to National Board of Revenue (NBR).
64 Hajj agencies lose license over irregularities
Religious Affairs Minister Motiur Rahman has stated that 64 Hajj agencies have lost their licenses, and have been fined for engaging in various irregularities during the Hajj of 2017.
Bangladesh ranks among lowest in rule of law
Bangladesh ranked among the lowest globally in context to adherence to the rule of law from the perspective of ordinary people, an infograph of DataLeads says.
Sensex ends down by 137 points; metal, bank stocks major losers
The Sensex ended lower by 137 points as subdued global cues hurt risk appetite despite better-than-expected Dec-quarter gross domestic product (GDP) data.
Indian rupee drops to 65.25 on dollar demand, FII outflows
The Indian rupee depreciated 8 paisa to 65.25 against the US dollar on increased demand for the US currency from importers and firm foreign fund outflows even as the country’s economy grew to 7.2 per cent in the October-December quarter.
Markets in Asia slip, but China markets buck the trend to close higher
Asian stocks closed mixed on the first trading day of the month after finishing February with losses. Declines in Japan and Australia came after sharp losses were recorded stateside in the previous session, while China markets rose.
Gold slips to three-week low on US rate expectations
Gold fell half a percent on Monday, extending losses for a third day after comments from Federal Reserve Chairman Jerome Powell this week shored up expectations for further increases to U.S. interest rates and held the dollar near a five-week peak.
Oil falls for 3rd day as higher inventories, dollar weigh
Oil fell for a third day on Thursday, trading further below $65 a barrel as rising U.S. inventories, record output and a stronger dollar outweighed high OPEC compliance with its supply-cutting deal.
Top 5 things to know in the market on Thursday
Here are the top five things you need to know in financial markets on Thursday, March 1.