Dhaka, Bangladesh (BBN) – The Bangladesh Business News prepared Tuesday’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 record high
Bangladesh’s stocks ended almost flat on Tuesday as late hours sale pressure eroded all the initial gains.
Export to Russia crosses $300m mark in seven months
Bangladesh’s export to Russian Federation crossed $300 million mark during January-July period of the current calendar year.
Graft case: Rana Plaza owner Sohel Rana jailed for 3yrs
A Dhaka Court today sentenced Sohel Rana, owner of the Rana Plaza, to three years simple imprisonment in a corruption case.
Indian rupee weakens to 64.03 on month-end dollar demand
The Indian rupee weakened to 64.03 due to month-end dollar demand from importers and banks.
Sensex slumps 362 points as North Korea missile attack spooks global markets
The Sensex and Nifty declined more than 1 per cent on Tuesday, snapping four consecutive sessions of gains, as escalating worries around North Korea added to the volatility ahead of local derivatives contracts expiry this week.
North Korean missile launch rattles Asia markets as investors turn to safe-haven assets
Asian shares fell on Tuesday as investors turned to safe-haven assets and U.S. futures traded lower after a North Korean missile launch, although major indexes were off session lows by the end of the day.
Oil prices gyrate as market grapples with US hurricane damage
Crude traded in a narrow but volatile range on Tuesday as the market grappled with the shutdown of some 13 percent of refining capacity in the United States, the world’s largest oil consumer, after a hurricane ripped through the heart of its oil industry.
Gold jumps to 10-month high as North Korea missile launch rattles markets
Gold prices rallied to their highest level in almost ten months on Tuesday, as investors piled into safe-haven assets after North Korea fired a missile that passed over northern Japan.
Top 5 things to know in the market on Tuesday
Here are the top five things you need to know in financial markets on Tuesday, August 29.