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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 red after single-day break

Bangladesh’s stocks returned to the red territory on Tuesday, after a single-session break, as investors mostly refrained from injecting fresh funds into the market.

 

Ecnec okays revised Padma Bridge Rail Link Project

The Executive Committee of the National Economic Council (Ecnec)has approved the Padma Bridge Rail Link Project (first revised) involving Tk 392.46 billion.

 

SC tells Citycell to clear dues of Tk 128cr

The Supreme Court today directed Citycell to pay the Tk 128 crore, the remainder of its fees, to telecom regulator in revenue sharing bid, spectrum charges, late fees and fine.

 

Sensex trading flat; Dr Reddy’s stocks spurt 7.2%

The Sensex and Nifty were trading flat as the political situation in Karnataka continued to be fluid. The Sensex was up 14.3 points or 0.04 per cent at 34,630.43 and the Nifty up 13.45 points or 0.13 per cent at 10,530.15.

 

Indian rupee recovers from 16-month low

The Indian rupee recovered from its 16-month low to trade up by 15 paise at 67.97 against the US dollar in early trade on fresh selling of the dollar by exporters and banks.

 

Stocks in Asia close mixed as investors digest rising oil prices and trade news

Asian markets were subdued on Tuesday, with Japan and Australia finishing slightly lower while China advanced as oil prices edged higher.

 

Gold prices slip as investors eye riskier assets

Gold prices dipped slightly on Tuesday, hovering not far off a 2018 low struck in the previous session as a firm dollar near five-month highs and optimism in global markets curbed appetite for the precious metal.

 

Oil rises towards $80 as supply concerns mount

Oil rose towards $80 a barrel on Tuesday, supported by concern that falling Venezuelan crude output and a potential drop in Iranian exports could further tighten global supply.

 

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, May 22.

BBN/SS/AD