Tuesday’s evening business round up of Bangladesh

Last updated: August 28, 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 return to higher after a single-day break
Bangladesh’s stocks returned to higher on Tuesday, after a single-session break, with benchmark index of the major bourse crossing the 5,600-mark.

Nat’l elections at December end: EC
The 11th parliamentary election will be held in the last week of December, the Election Commission said today.

Sensex ends at new high of 38,897; Nifty closes at 11,738
The S&P BSE Sensex surged 202.52 points or 0.52 per cent to end at a new high of 38,896.63 and the Nifty climbed 46.55 points or 0.4 per cent to close at a record peak of 11,738.50.

Rupee strengthens to 70.05 on dollar selling, FII inflows
The rupee strengthened to 70.05 on heavy dollar selling by banks and exporters and fresh foreign fund inflows. Weakening of dollar against other currencies overseas also aided the uptrend.

Asia markets broadly rise following US-Mexico trade deal
Asia markets were broadly higher on Tuesday afternoon following yet another day of record highs on Wall Street, as the U.S. and Mexico announced a new trade agreement.

Gold inches down as greenback firms against the yuan
Gold inched down on Tuesday from a two-week high hit in the previous session, as the dollar firmed against yuan, making the precious metal expensive for buyers in the world's biggest consumer China.

Oil rises to seven-week highs on signs of tighter supply
The oil price rose towards its highest since early July on Tuesday, thanks to evidence of still-modest increases in output from OPEC and improving Chinese refining demand.

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 28.
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