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.
Second batch of rice supply reaches Ctg
The second consignment containing 27,000 tonnes of rice imported from Vietnam reached Chittagong port in Bangladesh this morning.
Bangladesh’s stocks turn negative Monday midday
Bangladesh’s stocks turned downward trend at midday on Monday as risk-averse investors were booking profit on sector specific stocks.
Indian rupee strengthens by 11 paisa to 64.34 on higher capital inflows
The Indian rupee strengthened 11 paisa to 64.34 against the US dollar in the morning session due to higher foreign funds inflows.
Sensex hits life-time high of 32,132; Nifty scales new peak of 9,920.30
The benchmark BSE Sensex hit a life-time high of 32,131.92 and the Nifty scaled a new peak of 9,920.30 in late morning trade on heavy capital inflows and positive global cues.
Despite expectation-beating China GDP, mainland markets down; rest of Asia in the green
Asia markets were mostly higher on Monday following the release of better-than-expected China second-quarter GDP.
Gold up as prospects for slower US rate hikes weigh on dollar
Gold rose on Monday as investors sought higher returns in alternative asset classes as the outlook for further interest rate hikes in the United States dimmed following softer U.S. economic data last week that also pushed the dollar to multi-month lows.
Oil prices rise on strong China demand, signs of US output slowdown
Oil prices rose on Monday, supported by a slowdown in the growth of rigs looking for crude in the United States and because of strong refinery demand from China.