Tuesday’s evening business round up of Bangladesh

Last updated: August 14, 2018

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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 riding on GP
Bangladesh’s stocks rebounded on Tuesday, after a single-session break, as some investors went on last moment buying spree, particularly Grameenphone (GP) shares.

Lax monitoring blamed for onion price hike ahead of Eid
Both the homegrown and imported onions are getting pricey ahead of Eid-ul-Azha despite the fact that government allowed a duty free import of Indian onion.

Sensex rebounds 207 points, Nifty closes at 11,435; Sun Pharma soars 7%, YES Bank 2.9%
The Sensex ended higher by 207.10 points or 0.55 per cent at 37,852 and the Nifty up 79.35 points or 0.7 per cent at 11,435.10 on strong macroeconomic data. The gauge had lost 379.47 points in the previous two sessions.

Indian rupee rebounds to 69.68 on strong macroeconomic data
The Indian rupee recovered from all-time low of 69.91, gaining 23 paisa to 69.68 against the US dollar in early trade, on some macroeconomic boost.

Nikkei rebounds after recent uncertainty over Turkey crisis as China lags
Asian shares closed mixed on Tuesday, as some regional markets bounced back one day after declining over jitters related to economic uncertainty in Turkey.

Gold prices rise on bargain hunting, dollar pullback
Gold prices edged up on Tuesday from an 18-month low hit in the previous session as a break below a key psychological level triggered buying interest, while the U.S. dollar pared gains after scaling a 13-month high.

Oil edges up on Saudi output cut and Iran sanctions
Oil prices rose on Tuesday after Saudi Arabia said it had cut production in July, though concerns over a slowdown in global economic growth kept a lid on markets.

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, August 14.
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