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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 rebound amid low turnover
Bangladesh’s stocks rebounded strongly on Tuesday, breaking the five-day losing spell, as optimistic investors showed their buying appetite on sector-wise large-cap issues.
Khaleda verdict: DMP bans procession, carrying sharp weapons, flammable materials Feb 8
Dhaka Metropolitan Police (DMP) has imposed ban on procession and carrying sharp weapons, explosives, flammable materials in Dhaka on February 8 to avert any untoward incident centring a verdict in a graft case against Khaleda Zia.
Sensex tanks 561 points to 34,196 on global rout; Nifty slumps to 10,498
The S&P BSE Sensex tanked 561.22 points to a one-month low of 34,195.94 owing to a meltdown in global markets. This is its weakest closing since January 5 when the gauge had settled at 34,153.85.
Indian rupee drops to 64.40
The Indian rupee dropped by 33 paisa to 64.40 against the US dollar on frantic dollar demand from importers and banks.
Global sell-off continues into Asia with Japan and Hong Kong plunging
Asian indexes closed sharply lower and U.S. stock indexes declined on Tuesday following massive losses seen stateside in the last session.
Gold barely rises since equity sell-off seen as blip
Gold prices edged higher on Tuesday but did not see a larger safe-haven boost from tumbling equity markets because the global economy is largely robust and shares were thought likely to rebound.
Oil eases, but wards off stocks-style turbulence
Oil fell for a third day on Tuesday, as a rout in global equities triggered losses across bonds, cryptocurrencies and commodities, although the crude price is in positive territory so far this year.
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, February 6.
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