Monday’s midday business round up of Bangladesh

Last updated: June 5, 2017
Bangladesh Taka

Bangladesh Taka is being counting. Photo: BBN

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 Taka depreciates two paisa against US dollar
The exchange rate of Bangladesh Taka (BDT) depreciated maximum two paisa against the US dollar in the inter-bank foreign exchange market in early hour transactions on Monday.

Bangladesh’s stocks keep upturn at midday on Monday
Bangladesh’s stocks kept its upward trend at midday on Monday as some optimistic investors continued their buying binge on sector specific stocks.

Indian rupee up by 12 paisa at 64.32 on sustained dollar selling
Indian continuing with its rising streak, the rupee appreciated by 12 paisa to 64.32 against the dollar in early trade on sustained selling of the US currency by exporters and banks.

Sensex edges up 60 points; consumer durables stocks rally
The Sensex and Nifty hit fresh record highs as lenders continued their rally, but the gains were capped ahead of a central bank policy meeting this week.

Asian markets mixed following London attack
Markets in Asia were mixed Monday following an attack in central London at the weekend that left the pound slightly weaker and as oil prices gained sharply after key Gulf countries snapped diplomatic ties with Qatar.

Gold hits highest in over 6 weeks as US jobs data disappoints
Gold held steady after hitting its highest in over six weeks earlier on Monday, buoyed by disappointing U.S. jobs data that appeared to dilute the prospects for an aggressive string of interest rate hikes in the United States.

Rising Middle East tensions, tightening supplies push up oil prices
Oil markets rose more than 1 percent on Monday, pushed up by tensions in the Middle East where top crude exporter Saudi Arabia and other Arab states cut off ties with Qatar, and as signs of falling OPEC supplies tightened the market.
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