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.
Call money rates move up, BDT/US$ remains stable
The upward trend of inter-bank call rates continued while the exchange rate of local currency against the US dollar remained stable in early hour transactions on Monday.
Bangladesh’s stocks fail to stay positive at midday
Bangladesh’s stocks failed to stay positive at midday on Monday as cautious investors went on shares selling ahead of Eid festival.
Indian rupee up by 11 paisa at 64.32 on dollar selling
The Indian rupee advanced by 11 paisa to 64.32 against the US dollar due to selling of the American currency by exporters and banks.
Sensex up 141 points; FMCG, metal stocks major gainers
The benchmark BSE Sensex was trading higher by over 140 points on positive global cues and on account of progress made on the GST front.
Asian markets trade higher as markets await political developments in Europe
Asian bourses strengthened on Monday as markets geared up ahead of Brexit negotiations between the U.K. and the European Union and kept an eye on a deadly attack on worshipers leaving a mosque in London.
Gold hits near four-week low as dollar firms
Gold edged lower on Monday to touch a near four-week low as the dollar held firm, with the market waiting on comments from a top U.S. Federal Reserve official after last week’s soft economic data.
Oil prices dip on further rise in US drilling, demand slowdown
Oil prices dipped on Monday, weighed down by a continuing expansion in U.S. drilling that has helped to maintain high global supplies despite an OPEC-led initiative to cut production to tighten the market.