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.
Export earnings see sluggish growth in July-August
The country’s earnings from goods exports witnessed a sluggish 2.51 per cent growth to $6.79 billion in the first two months of the current fiscal year (FY), 2018-19.
Bangladesh’s socks close almost flat after volatile trading
Bangladesh’s stocks ended almost flat on Tuesday after volatile trading as investors mostly followed cautious stance.
Bangladesh’s Western Marine recommends 20pc dividend
Bangladesh’s Western Marine Shipyard has recommended 20 percent stock dividend for the year ended on June 30 in 2018, said an official disclosure on Tuesday.
Sensex crashes 509 points; Nifty plummets to 11,287
The Sensex crashed 509.04 points or 1.34 per cent to end at over 1-month low of 37,413.13 and the Nifty plunged 150.60 points or 1.32 per cent to 11,287.50 as fears of escalation in US-China trade war kept investors on edge.
Indian rupee ends weak at 72.69
The Indian rupee slumped to a new record low of 72.73 as emerging market currencies remained under pressure with a broad index down near 16-month lows.
Asia markets mixed; Hong Kong’s Hang Seng stays in bear market
Asia markets were mixed on Tuesday as Hong Kong’s Hang Seng index ended the trading day in bear territory for the second day.
Gold flat as rate hike concerns, trade tensions weigh
Gold prices held steady during Asian trade on Tuesday as investors remained on the sidelines amid expectations of a U.S. interest rate hike this month and on fears of an escalation in the Sino-U.S. trade war.
Oil prices climb ahead of US sanctions on Iran
Oil prices rose on Tuesday as U.S. sanctions squeezed Iranian crude exports, tightening global supply despite efforts by Washington to get other producers to increase output.
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 11.