As global stocks tumbled amid reports of a Russian military offensive in Ukraine, its psychological effects have also rippled into the capital market in Bangladesh, bdnews24.com reports. The Dhaka Stock Exchange's key index, DSEX, dropped 117 points, or 1.69 per cent, on Thursday -- the biggest decline since Oct 25. The United States and its allies will impose "severe sanctions" on Russia after the attacks, US President Joe Biden said. Oil prices jumped more than 3.5 per cent to shoot past $100 a barrel on Thursday for the first time since September 2014. Spot gold climbed more than 1.7 per cent to hit its highest level since early January 2021.

Source: bd News24 February 24, 2022 15:31 UTC