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 positive at midday on Monday
Bangladesh’s stocks stayed in the positive trend at midday on Monday as some investors continued their buying appetite on sector specific stocks.
Bangladesh Taka remains unchanged against greenback
The Bangladesh Taka (BDT) remained stable against the US dollar in the inter-bank foreign exchange market in early hour transactions on Monday.
Indian rupee trading weak at 64.45
The Indian rupee was trading weak at 64.45 against the US currency due to fresh dollar demand from importers.
Sensex jumps 164 points; Reliance, Wipro stocks spurt
The benchmark BSE Sensex hit a life-time high of 32,232.63 points and the NSE index Nifty scaled a new peak of 9,968 points on continued buying by foreign funds and domestic institutional investors despite weak global cues.
Asia markets trade lower as the US dollar treads near lowest levels in more than a year
Asia traded mostly lower on Monday, with markets focused on the wobbling dollar and the upcoming two-day policy meeting from the Fed later in the week.
Gold hits 4-week high on weaker equities, U.S. dollar
Gold touched a four-week high early on Monday, supported by weaker equities and a dip in the dollar to fresh 13-month lows due to political uncertainty in the United States.
Oil steady after fall ahead of OPEC/non-OPEC meeting
Oil prices were little changed on Monday following a steep fall in the previous session amid growing expectations that the joint OPEC and non-OPEC ministerial meeting later in the day would address rising production from Nigeria and Libya, two OPEC members exempted from the cuts.