Photo: Investing.com
Dhaka, Bangladesh (BBN) – The Bangladesh Business News prepared Monday’s midday business round up compiling reports, published by different local and international newspapers and news portals.
Bangladesh’s stocks stay upbeat at midday on Monday
Bangladesh’s stocks stayed upbeat trend at midday on Monday as optimistic investors remained active on sector-wise issues amid pre-Eid optimism.
Australia reeling at 117/6
Great session for Bangladesh as the players go for Lunch in the second day of the first Test.
Indian rupee strengthens by 17 paisa to 63.87 on dollar selling
The Indian rupee strengthened by 17 paisa to 63.87 against the US dollar in early trade due to dollar selling by exporters and banks and a firm domestic equity market.
Sensex jumps 162 points; Infosys, Sun Pharma stocks spurt
The Sensex was trading higher by nearly 170 points and the Nifty above the 9,900-mark on heavy buying in IT, infrastructure, TECk and realty stocks. Positive global cues also influenced the domestic sentiment.
Euro reaches 2-1/2 year high after Draghi refrains from talking down currency
The euro extended gains to a 2-1/2-year high against the dollar on Monday after the European Central Bank (ECB) president held back from talking down the currency and as markets worried about the impact of Tropical Storm Harvey on the US economy. The euro was 0.1 per cent higher at $1.1929 after rising to $1.1966, its highest since January 2015.
Most Asian stocks under pressure as oil markets digest Hurricane Harvey impact; euro near 2-1/2 year high
Most Asian indexes came under pressure on Monday after the euro soared following Friday speeches from top central bankers. Oil markets, meanwhile, digested the impact of Hurricane Harvey.
Gold rises to 1-week high after Yellen's speech
Gold rose to its highest in over a week early Monday, extending gains from the previous session, after U.S. Federal Reserve Chair Janet Yellen skipped any mention of monetary policy in a speech at a central bankers meeting in the United States.
Oil markets roiled as Hurricane Harvey hits US petroleum industry
Oil markets were roiled on Monday after Hurricane Harvey wreaked havoc along the U.S. Gulf coast over the weekend, knocking out numerous refineries and some crude production.
BBN/SSK/AD