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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 extend losing streak for 2nd day
Bangladesh’s stocks extended the losing streak for the second straight session on Tuesday as cautious investors continued their selling binge on sector-wise issues amid ongoing earnings and corporate declarations session.
In Geneva, governments applaud Bangladesh over Rohingya issue
On Monday, a host of countries and organisations came together to pledge about $200 million in new funding for the response of what is now being called the world’s fastest growing refugee crisis — the forced displacement of Rohingya from Myanmar.
Internet slow due to submarine cable work
Internet users in Bangladesh have been experiencing a slow internet due to maintenance work on a first submarine cable in the Bay of Bengal.
Indian rupee weakens to 65.10
The Indian rupee weakened to 65.10 in the evening session on mild dollar by banks and importers. However, weakening of dollar against other currencies overseas limited the rupee's losses.
Sensex ends higher by 101 points; Nifty closes at 10,208
The benchmark BSE Sensex ended higher by over 100 points and the NSE index Nifty above the 10,200 level led by PSU, power, infrastructure and oil & gas stocks amid weak European cues.
Japanese markets close higher for 16th straight day as rest of Asia treads water
Asian markets were little changed in Tuesday trade after U.S. stocks lost steam overnight and the dollar edged down from three-month highs.
Gold edges up, but stuck in tight range
Gold inched up on Tuesday on the back of a slightly weaker dollar, but traded in a tight range amid possibilities of an early announcement on the next U.S. Federal Reserve chair.
Oil prices inch up, drop in southern Iraq exports supports
Oil prices inched up on Tuesday, supported by declining exports from southern Iraq.
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, October 24:
BBN/SSK/ANS