Tuesday’s midday business round up of Bangladesh

Last updated: July 4, 2017

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Dhaka, Bangladesh (BBN) – The Bangladesh Business News prepared Tuesday’s midday business round up compiling reports, published by different local and international newspapers and news portals.

Transaction in call money market rises, BDT/US$ remains stable

The demand for call money has started an upward mode while the exchange rate of Bangladesh Taka (BDT) remains stable against the US dollar.

Bangladesh’s stocks stay upbeat at midday on Tuesday

Bangladesh’s stocks kept the upward trend at midday on Tuesday as investors continued their buying spree on sector specific shares.

Indian rupee up by 9 paisa at 64.79 on fresh dollar selling

The Indian rupee climbed 9 paisa to 64.79 against the dollar on fresh selling of the greenback by banks and exporters. Also, the weakening of dollar against other currencies overseas supported the uptrend.

Sensex edges lower; realty, capital goods major losers

The Sensex and Nifty pared their early gains and were trading marginally lower due to fresh selling in realty, capital goods, consumer durables and auto stocks despite firm global cues.

Asia markets turn cautious after North Korean missile launch rattles markets; RBA stands pat

Asian bourses turned cautious on Tuesday after North Korea launched a missile, with the Reserve Bank of Australia keeping rates unchanged.

Gold nudges up, but pegged close to 7-week lows

Gold edged higher on Tuesday, supported by a ballistic missile test by North Korea and an easing dollar, but was still sitting near seven-week lows hit in the previous session.

Oil prices fall ahead of US holiday after 8 days of gains

Oil prices retreated in early Asian trade on Tuesday, halting a run of eight straight days of gains on signs that a relentless rise in U.S. crude production is running out of steam.

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