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.
Meghna Bank MD Nurul Amin resigns
Bangladesh’s senior banker Mohammad Nurul Amin tendered his resignation on Tuesday from the post of the Managing Director and Chief Executive Officer of the Meghna Bank Limited.
Bangladesh Taka depreciates 10 paisa more against US$
The Bangladesh Taka (BDT) depreciated ten paisa more against the US dollar Tuesday afternoon following higher demand for the greenback in the inter-bank foreign exchange market.
Bangladesh’s classified loans jumps by 29% in nine months
The amount of classified loans in the country’s banking sector jumped by more than 29 per cent or BDT 181.35 billion in the first nine months of the current calendar year despite close monitory by the central bank.
Bangladesh’s stocks break four-day gaining streak
Bangladesh’s stocks ended lower on Tuesday, snapping a four-day gaining streak, as cautious investors booked profit on quick-gaining stocks.
Sensex up 118 points; Dr Reddy’s shares spurt 5%, Sun Pharma over 4%
The benchmark BSE index Sensex ended higher by nearly 120 points led by consumer durables and healthcare stocks amid positive global cues.
Indian rupee strengthens to 64.88
The Indian rupee firmed up by 23 paisa to 64.88 against the dollar due to fresh selling of the US currency by exporters and banks.
Asia markets trade higher on Tuesday
Asia markets traded mostly higher on Tuesday, following gains in US equities overnight amid strong economic data.
Gold edges higher, Fed minutes in focus
Gold prices inched higher on Tuesday, with investors waiting for minutes from the U.S. Federal Reserve’s last meeting for clues on the outlook for potential rate rises.
Oil rises ahead of OPEC meeting as further output cuts expected
Oil prices rose on Tuesday as traders looked to a meeting next week at which major crude exporters are expected to extend production cuts, though rising U.S. output capped gains.
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, November 21.