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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 turn positive at midday
Bangladesh’s stocks witnessed positive trend amid volatility at midday on Monday as investors are active on both sides of trading fence.
World Bank halts $200m loan to Myanmar
The World Bank has held back a $200 million development policy loan to Myanmar due to the persecution of Rohingya in the Rakhine state.
Industrial credit drops in fiscal year 2017
Disbursement of the industrial term credit declined by 5.16 per cent in the past fiscal year (FY17), according to the latest statistics of the central bank.
Indian rupee spurts 25 paisa against dollar in early trade
The Indian rupee appreciated by another 25 paisa to 64.68 against the US currency in early trade at the interbank forex market today on dollar selling by banks and exporters.
Sensex pares early gains; Axis Bank major loser
The Sensex and Nifty trimmed their initial gains due to fresh selling in bank stocks amid positive global cues.
Asia markets rise as investors digest China inflation data
Most major Asian indexes climbed on Monday as investors digested the release of China inflation data.
Gold eases on firm dollar, stronger equities
Gold slipped on Monday on a firmer dollar and stronger Asian equities, but stayed above the key psychological level of $1,300.
Oil jumps on fears of new Iran sanctions, Iraq conflict
Oil markets jumped on Monday on concerns over potential renewed U.S. sanctions against Iran as well as conflict in Iraq, while an explosion at a U.S. oil rig and reduced exploration activity supported prices there.
BBN/SSK/AD