Tuesday’s evening business round up of Bangladesh

Last updated: December 12, 2017

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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 return to higher, turnover falls
Bangladesh’s stocks rebounded on Tuesday, snapping the four days’ downturn, as some optimistic investors showed their buying appetite on banking stocks.

For emergency, dial 999
Bangladesh today launched a toll-free national emergency helpline 999 for immediate needs in the case of any accident, crime, fire or ambulance.

Bangladesh Taka depreciates 10 paisa more against US$
The Bangladesh Taka (BDT) depreciated 10 paisa more on Tuesday against the US dollar due to short supply of the greenback in the inter-bank foreign exchange market.

Prices of eggs and local onion increase
The prices of eggs and the prices of local onion increased in Dhaka due to unavailability of the essentials on Tuesday.

Bangladesh’s rice output may drop this year: FAO
Production of rice in Bangladesh may decline marginally this year mainly due to negative impact of flood, according to the latest forecast of the Food and Agriculture Organisation (FAO) of the United Nations.

Indian rupee trading weak at 64.40
The Indian rupee was trading weak at 64.40 against the dollar ahead of key macroeconomic data set for release later in the day amid foreign capital outflows.

Indian Sensex plummets 228 points; Nifty drops to 10,240
The benchmark BSE Sensex plunged over 220 points and the NSE index Nifty ended below 10,250 on investors’ caution that higher global crude oil prices would stoke inflation and impact future interest rate decisions by the country’s central bank.

Most Asian stocks slip ahead of Fed; Brent crude cracks $65
Asian markets closed slightly lower on Tuesday ahead of the Federal Reserve’s December meeting. The Nikkei 225 drifted lower by 0.32 percent, or 72.56 points, to close at 22,866.17 after hovering near the flat line earlier in the day.

Gold inches up from near 5-month low ahead of Fed meeting
Gold was slightly higher on Tuesday, just up from its lowest in nearly five months in the previous session, and ahead of the start of a two-day U.S. Federal Reserve meeting.

Brent crude jumps to highest since mid-2015 after North Sea pipeline outage
Brent oil prices jumped 1.5 percent on Tuesday to their highest since mid-2015, after the shutdown of the Forties North Sea pipeline knocked out significant supply from a market already tightening due to OPEC-led production cuts.

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, December 12.
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