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 unveils H1 growth-supportive monetary policy
The central bank has unveiled a growth-supportive and restrained monetary policy for the first-half (H1) of the current fiscal year (FY) to cope with challenges ahead of the general election.
Export to Turkey drops sharply in FY18
Country’s merchandise export to Turkey dropped by 16.36 per cent in the past fiscal year (2017-18), according to the data furnished by the Export Promotion Bureau (EPB).
Bangladesh’s stocks back to higher after five-day
Bangladesh’s stocks returned to the green on Tuesday, breaking a five-day losing streak, as investors showed buying spree on sector-wise stocks.
Students end Dhaka blockade at most places
Most of the students have gone back home for today after hours of blocking several key points in Dhaka demanding safe roads after two students were killed due to reckless driving last Sunday.
Sensex ends at new high of 37,606; Nifty closes at 11,356
The Sensex jumped 112.18 points or 0.3 per cent to end a new high of 37,606.58 and the Nifty too closed at a fresh record high of 11,356.50, up 36.95 points or 0.33 per cent.
Indian rupee rebounds to 68.56
The Indian rupee strengthened to 68.56 on bouts of dollar-selling by banks and exporters ahead of key RBI policy meet outcome due tomorrow.
Asian shares close narrowly mixed; Nikkei ends higher after Bank of Japan decision
Asian shares closed narrowly mixed on Tuesday as investors digested the Bank of Japan’s decision to keep policy steady. The mixed showing also came on the back of Wall Street posting losses amid weakness in the technology sector.
Gold trades in tight range ahead of US Fed meeting
Gold prices were steady on Tuesday within a tight range as investors adopted a wait-and-watch approach ahead of a two-day monetary policy meeting of the U.S. Federal Reserve.
Oil prices drop on oversupply concerns as OPEC output increases in July
Oil prices fell on Tuesday, with Brent futures set for their biggest monthly loss in two years, as oversupply concerns rose after a Reuters survey showed OPEC output rose in July to its highest for 2018.
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, July 31.