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.
Stocks end almost flat amid high turnover
Bangladesh’s stocks ended almost flat in the red on Tuesday amid volatile trading as investors were active on both sides of trading fence throughout the session.
More than 100 Bangladeshis held by kidnappers in Libya
Hundreds of Bangladeshis are currently held hostage by kidnapping rings in Libya. A group of expatriates are involved in this heinous scheme of betraying their fellow citizens. The kidnappers are extorting millions from the families of the hostages. The ransom does not ensure the release of the hostages as the kidnappers persist in demanding more and more money. As the ransom demands keep increasing, the hostages are tormented and tortured in dreadful conditions.
Sensex spurts 276 points ahead of retail inflation data
The BSE benchmark Sensex ended higher by nearly 300 points due to sustained buying by domestic investors ahead of key macroeconomic data to be released later in the day. Besides, a firm trend in other Asian markets fuelled the domestic market sentiment.
Indian rupee trading weak at 64.03
The Indian rupee was trading weak at 64.03 due to increased demand for the US currency from importers and the greenback’s gains against other currencies overseas.
Asian stocks climb and the dollar holds onto gains as North Korea and Irma concerns fade
Shares in Asia continued their ascent on Tuesday, following a firm lead from Wall Street as concerns faded over the potential damage of Hurricane Irma and as Korean Peninsula tensions took a backseat.
Gold eases as investors pile into equities
Gold hit its lowest in more than a week on Tuesday as ebbing concerns over North Korea’s nuclear ambitions and the impact of Hurricane Irma fuelled further gains in equities, tempering demand for the metal as a haven from risk.
Oil prices slip on demand concerns following US hurricanes
Oil prices softened on Tuesday as Hurricane Irma’s dampening effect on demand offset refinery restarts in the wake of Hurricane Harvey.
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, September 12: